LODHA

Lodha Developers has reported strong FY26 results

Lodha Developers has reported strong FY26 results with a 24% profit jump to ₹3,430 crore, record pre-sales of ₹20,530 crore, and a final dividend of ₹4.25 per share. At the same time, the company is expanding into Gurugram, while facing legal headlines involving a former director in a ₹181-crore cheating case. 📰 Latest News on Lodha Developers (July 2026) 1. Financial Performance FY26 Net Profit: ₹3,430 crore, up 24% YoY. Revenue: ₹16,670 crore, up 21% YoY. Pre-Sales: Record ₹20,530 crore; collections ₹15,160 crore. Dividend: Final dividend of ₹4.25 per share declared. Debt Position: Net Debt-to-Equity ratio at 0.23x, showing conservative leverage. EBITDA Margin: 33.9%; ROE: 16%. Lodha continues its three-pillar strategy: DevCo (residential), RentCo (rental assets), LandCo (land management). 2. Expansion Plans Lodha Developers is set to enter Gurugram with its first housing project by FY27-end or early FY28. Strategy: Pilot-and-scale model, similar to its Bengaluru entry (which now contributes ~₹24 billion in pre-sales). Partnered with MRG Group for NCR debut. CEO Abhishek Lodha expects NCR to become a major growth driver, leveraging Lodha’s brand strength. 3. Stock Market & Brokerage Views CLSA identified Lodha as a technical breakout candidate, citing attractive valuations (trading at 3.3x forward P/B vs 4.7x historical average). Jefferies expects Q1FY27 pre-sales of ₹4,800–₹5,000 crore, slightly below Lodha’s FY27 guidance of ₹24,000 crore. Promoter entities recently sold a 1.99% stake via block deals, raising ₹1,864.6 crore. 4. Legal Case Rajendra Lodha, former director, was denied bail by a Mumbai Sessions Court in a ₹181-crore cheating case. Court cited seriousness of allegations and risk of influencing witnesses. Lodha claimed innocence, citing medical grounds (diabetes, coronary artery disease, hypertension).