Macrotech Developers

    LODHA
    Infra
    ₹1116.90
    price as of 11/9/2026, 5:28:07 pm

    Market cap ₹1.12 L Cr

    P/E
    27.12
    Day range
    ₹1,075.50 – ₹1,145.80
    52-week range
    ₹650.80 – ₹1,344.95
    Volume
    41.92 L
    Open
    ₹1,145.70
    Prev close
    ₹1,163.40
    52-week range, adjusted for splits and bonuses
    ₹650.8₹1,344.95
    2 Apr 202629 Jul 2026
    Index membership & F&O
    NIFTY NEXT 50NIFTY 100NIFTY 200NIFTY 500NIFTY REALTYF&O lot 625

    Price history

    6M change +26.86%RSI (14) 35.2 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 39.0% today vs 44.2% average · BSE close ₹1,113

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹600₹800₹1,000₹1,200₹1,4000%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Short build-up
    Near-month future
    ₹1,118.7
    Change
    -4.06%
    Basis over spot
    +₹1.81
    Futures OI (shares)
    99.2 L
    OI change
    +0.95%
    Put-call ratio
    1.09
    Max pain
    ₹1,160
    Resistance (call OI)
    ₹1,300
    Support (put OI)
    ₹1,120
    Lot size
    625

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    96010001040108011201160120012401280132013601400144004.0 L8.0 L12.0 L16.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    28.1
    EPS (TTM)
    ₹41.14
    ROE (FY26)
    15.8%
    ROCE (latest year)
    16%
    Dividend yield
    0.37%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +20.8%
    Profit 3Y CAGR
    +91.3%
    Revenue YoY (Jun 2026)
    +43.1%
    Profit YoY (Jun 2026)
    +103.4%
    Operating margin
    38.0%
    Net margin
    27.5%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr1.5K Cr3.0K Cr4.5K Cr6.0K Cr0%10%20%30%40%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • FII
    • DII
    • Public

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-5.0K Cr-2.5K Cr0 Cr2.5K Cr5.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%10%20%30%40%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr6.5K Cr13.0K Cr19.5K Cr26.0K Cr0.0x2.0x4.0x6.0x8.0x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales1,7502,9314,0182,8462,6264,0834,2243,4923,7984,6724,7144,997
    Expenses1,3382,0552,9722,0901,9222,7773,0042,5082,6903,2573,3013,074
    Operating Profit4128761,0467567041,3061,2209841,1081,4151,4131,922
    OPM %24%30%26%27%27%32%29%28%29%30%30%38%
    Other Income6-776572596419613380110129102
    Interest123117116117136144152148156185167179
    Depreciation29331176066677866719811169
    Profit before tax2656498786515601,1581,1869049611,2431,2641,776
    Tax %24%22%24%27%24%18%22%25%18%23%20%23%
    Net Profit2035056674764239459236757909581,0081,373
    EPS in Rs₹2.09₹5.22₹6.69₹4.78₹4.25₹9.47₹9.24₹6.76₹7.90₹9.58₹10.09₹13.73

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    Lodha 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. [1]

    Strengths

    • Company has delivered good profit growth of 58.4% CAGR over last 5 years

    Risks

    • Stock is trading at 4.79 times its book value
    • Promoter holding has decreased over last quarter: -1.96%
    • Company has a low return on equity of 13.6% over last 3 years.

    Compounded Sales Growth

    10 Years
    +7%
    5 Years
    +25%
    3 Years
    +21%
    TTM
    +26%

    Compounded Profit Growth

    10 Years
    +17%
    5 Years
    +58%
    3 Years
    +56%
    TTM
    +39%

    Stock Price CAGR

    10 Years
    —
    5 Years
    +17%
    3 Years
    +12%
    1 Year
    -5%

    Return on Equity

    10 Years
    +14%
    5 Years
    +13%
    3 Years
    +14%
    Last Year
    +15%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter71.87%71.85%72.27%70.31%-1.96 pp
    FII24.11%23.49%21.24%23.65%+2.41 pp
    DII2.73%3.17%4.62%3.56%-1.06 pp
    Public1.28%1.48%1.85%2.46%+0.61 pp

    Filed with NSE for Jun 2026: promoters 70.31%, public 29.69% · XBRL filing

    Analysts & fund holdings

    89%
    89% recommend buy
    18 analysts cover the stock
    Valuation vs Real Estate
    P/E27.1 vs 46.5
    Sector P/B3.08
    Beta1.49

    Who holds the shares, quarter by quarter

    Mutual funds 1.88% (-1.49 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters70.3%
    • Foreign institutions23.6%
    • Mutual funds1.9%
    • Insurance1.6%
    • Other domestic institutions0.1%
    • Retail1.5%
    • Others1.0%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Mirae Asset Large Cap Fund0.14%0.45%-0.32 pp
    ICICI Pru Nifty Next 50 Index Fund0.11%1.31%+0.23 pp
    UTI Nifty Next 50 Index Fund0.08%1.31%+0.23 pp
    SBI Quant Fund0.06%2.32%+2.32 pp
    HDFC Large & Mid Cap Fund0.03%0.12%+0.02 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Avg
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹4.25

      Dividend - Rs 4.25 Per Share

      7 Aug 2026
      ex-date
    • dividend
      ₹4.25

      Dividend - Rs 4.25 Per Share

      22 Aug 2025
      ex-date
    • dividend
      ₹2.25

      Dividend - Rs 2.25 Per Share

      16 Aug 2024
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      8 Sept 2023
      ex-date
    • dividend
      Not available — not reported in this filing

      Dividend - Re 1 Per Share

      8 Sept 2023
      ex-date
    • bonus
      Not available — not reported in this filing

      Bonus 1:1

      31 May 2023
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      2 Aug 2022
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      24 Aug 2021
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    The Company has informed exchange regarding allotment of 1,11,859 securities pursuant to ESOP

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Advertisement regarding NCLT Convened Meeting of Equity Shareholders and Secured Creditors (including Secured Debenture Holders) of the Company

    AGM/EGM
    NCLT Convened Meeting Of Secured Creditors

    Approve Scheme of Merger by Absorption of Roselabs Finance Limited ('First Transferor Company') and National Standard (India) Limited ('Second Transferor Company') with Lodha Developers ....

    AGM/EGM
    NCLT Convened Meeting Of Equity Shareholders

    Approve Scheme of Merger by Absorption of Roselabs Finance Limited ('First Transferor Company') and National Standard (India) Limited ('Second Transferor Company') with Lodha Developers ....

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Updates on Acquisition

    Acquisition of balance stake in Bellissimo Infratech Private Limited (Formerly known as Solidrise Realty Private Limited)

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Change in Senior Management

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    The Company has informed exchange regarding allotment of 44,715 securities pursuant to ESOP

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    Scrutinizer's Report on voting at the 31st Annual General Meeting of the Company held on August 14, 2026

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Outcome of 31st Annual General Meeting of the Company held on August 14, 2026 through Video Conferencing is enclosed

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    The Company has informed exchange regarding allotment of 49,395 securities pursuant to ESOP

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Schedule of Analysts/Investor Meet is enclosed.

    Company Update
    Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    Transcript of Earning Conference Call held on July 27, 2026

    Filed with BSE (scrip 543287); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 25 Jan 2025 (audited). View the source filing. Figures are as filed and are not investment advice.