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Macrotech Developers Ltd is primarily engaged in the business of real estate development. It is among the largest real estate developers in terms of presales and development pipeline in India with a presence in MMR, Pune and entered in Bengaluru market in Nov'23.
Lodha is discontinuing separate operating performance pre-releases. The company will now focus on audited Revenues and PAT as primary metrics, reported alongside pre-sales with quarterly results. Recent quarter performance aligned with guidance.
Company reports record Q4 pre-sales of ₹ 5890 Cr (+23% YoY) & FY26 pre-sales of ₹ 20530 Cr (+16% YoY). Collections hit ₹ 5230 Cr in Q4. FY26 business development added ~₹ 60000 Cr GDV (2.4x guidance). Net debt reduced by ₹ 800 Cr to ₹ 5370 Cr.
Lodha posted record Q3FY26 pre-sales of ₹ 5,620 Cr (+25% YoY). Business development soared, adding ₹ 33,800 Cr GDV in Q3, hitting ₹ 58,800 Cr for 9MFY26 (2.35x guidance). Net debt stands at ₹ 6,170 Cr, well below ceiling. Collections hit ₹ 3,560 Cr, expected to rise. Expanded into NCR.
Lodha's G Corp, developing a Bengaluru project, faces a new Tribunal order for RERA to seek further compliance. G Corp will challenge this, confident in obtaining suitable remedies.
Lodha achieved Q2 pre-sales of 4570 Cr (7% YoY) and collections of 3480 Cr (13% YoY). The company added a 2300 Cr GDV project, hitting its 25000 Cr full-year business development target in H1. Net debt is 5370 Cr, well within limits. Significant H2 launches expected.