Macrotech Q4FY25 transcript: INR21,000 cr presales guidance for FY26

Management guided margin improvementOrder pipeline disclosedCFO laid out a debt-reduction roadmapInvestor Communications View source PDF Explain this filing

LODHA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.2%Reaction day

₹1324.70

prior close

₹1319.90

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.0%+1.1% vs market

Residential Commercial Projects peers, median of 57sector-0.4%+1.6% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty 100 and 1.6 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.6

10m

+3.6

15m

+3.9

30m

+4.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.2+0.0+1.1-0.4+1.6

Next day

+0.6+0.7-0.1+0.2+0.3

-2.2-0.0-2.2-2.9+0.7

-1.9+0.2-2.0-2.8+1.0

-3.8-0.7-3.1-4.9+1.1

-6.4-1.6-4.8-5.1-1.3

-3.9+1.0-4.9+0.1-4.0

15d

+6.5+2.5+4.1+5.2+1.4

+8.0+2.0+6.0+7.2+0.8

+5.5+4.9+0.6+18.6-13.0

-6.2+2.0-8.2+13.1-19.3

UpDownMarket · Nifty 100Sector · Residential Commercial Projects peers, median of 57Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Macrotech Developers (Lodha) posted record Q4 presales of INR48.1 billion, taking FY25 total to INR176 billion (21% growth, ahead of 20% guidance). FY25 EBITDA margin came in at 33% versus 30% guidance. Net debt fell to INR39.9 billion at 0.2x equity. Credit rating upgraded to AA. For FY26, management guides INR21,000 crores presales, 33% EBITDA margin, over INR7,500 crores operating cash flow, and INR25,000 crores new GDV additions.

Likely market impact

Positive: beat FY25 guidance on presales and margins; AA rating upgrade; net debt at 0.2x equity well below 0.5x ceiling; strong FY26 outlook.