Image Source: The Economic Times
Macrotech Developers Ltd (Lodha) has kicked off FY26 with a robust performance, reporting ₹44.5 billion in pre-sales for Q1, reflecting sustained demand across its core markets. Collections also rose to ₹28.8 billion, marking a 7% year-on-year increase, underscoring strong execution and customer confidence.
Key Highlights and Performance Metrics:
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Pre-sales for Q1 FY26 stood at ₹44.5 billion, maintaining momentum after a record FY25, where the company exceeded its annual guidance with ₹176.3 billion in pre-sales.
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Collections reached ₹28.8 billion in Q1, up 7% YoY, driven by timely project execution and improved conversion from bookings to cash flows.
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The company continues to benefit from its diversified presence across Mumbai Metropolitan Region (MMR), Pune, and Bengaluru, with a focus on mid-income and premium housing.
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Lodha’s digital infrastructure and annuity income platforms are also gaining traction, contributing to recurring cash flows and long-term visibility.
Strategic Outlook:
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The company is targeting a 20% annual growth in housing pre-sales, supported by its ‘supermarket strategy’ of hyperlocal presence in high-demand micro-markets.
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With a net debt-to-equity ratio well below 0.5x and strong operating cash flows, Lodha is positioned to pursue new launches and land acquisitions without compromising balance sheet strength.
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Management reiterated its FY26 guidance, citing healthy demand visibility, strong brand recall, and a robust launch pipeline across key cities.
Sources: The Hindu BusinessLine, Business Standard, Lodha Group Investor Filings, BSE Announcements, Moneycontrol Real Estate Desk
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