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NSE:LODHA

LODHA DEVELOPERS LIMITED

Realty › Realty·NIFTY 200NIFTY 500NIFTY INDIA FPI 150NIFTY LARGEMIDCAP 250+9
₹1,010.40
at close · 27 Oct 2026
▲ 30.40 (+3.10%)

Latest filings

Next results: Fri, 30 Oct · Financial Results
  1. Lodha Developers schedules investor call for September 2026 results · Board & Shareholder Meetings
  2. Board meeting set for October 30, 2026 results review · Results
  3. Allotment of 27,094 equity shares under ESOP 2021-II · Capital Market Events
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Develops and sells premium and luxury residential real estate across India's top cities, earning revenue primarily from construction and sale of homes. FY26 consolidated revenue was INR 16,676.2 crore at an EBITDA margin of 32.17%, with pre-sales of INR 205 billion. Management is targeting INR 240 billion of pre-sales for FY27 with embedded EBITDA margin of 32-34%, and is aiming for 20% PAT growth per annum over the medium term. A growing annuity rental business generated INR 3 billion in FY26 and is targeted to scale to over INR 30 billion by FY32. The largest cost line is materials (land and construction) at 58.7% of revenue, followed by other operating expenses at 7.8% and employee cost at 3.9%; depreciation is 2.1% and capex is 1.5% of revenue.

Operating scale
Market share in top 6 cities
~3.5%FY26
Share of INR 100 crore+ luxury segment
40%FY26
Palava data center park
400 acres total; 100 acres for own BTS; 1 GW shell capacity plannedFY26
Digital Edge India land price at Palava
INR 420 million/acre (vs INR 210 million/acre in CY25)Q1 FY27
Net debt-to-equity
0.2x (vs 0.5x self-imposed ceiling)Q1 FY27
Cost of debt
7.8%Q1 FY27
Who pays it
Indian homebuyers including NRI buyers; global data center operators (AWS, STT, Digital Edge India) buying land at Palava; tenants of the annuity rental portfolio
Biggest cost
Materials (land and construction) at 58.7% of revenue
Kind of business
Asset-heavy, cyclical residential real estate developer with growing data center land monetization and recurring rental income
Where it sits
~3.5% market share in India's top 6 cities and 40% share of the INR 100 crore-plus luxury housing segment
Market Cap
₹1.01 L Cr
P / E (TTM)
24.5×
EV / EBITDA
17.3×
Div Yield
0.42%
Growth
25.1%▲
Revenue 5y CAGR
PAT +135.0% · EBITDA +34.2%
Quality
15.5%▲
ROCE (5y median)
ROE 9.9% (5y median) · margin 32.2%
Leverage
0.42·
Debt / Equity · low
Net debt ₹7,181 Cr
Revenue FY21→FY26
3.1×▲
Margin +19.7 pts
₹5,449 Cr → ₹16,676 Cr
Cash conversion
1.04×▲
Operating cash ÷ profit · 5 yrs
₹9,786 Cr on ₹9,449 Cr
Moves on a normal day
1.37%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 66 Residential Commercial Projects peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#35/57
P/B#59/64
ROCE#14/66
ROE#11/64
Debt / Equity#35/64
EBITDA margin#16/66
Revenue growth#21/67
Profit growth#12/66

Scorecard

Measured from the filed financials, judged against its Residential Commercial Projects peers · as of FY26 — not investment advice

Strengths
Revenue compounding 25% a year over 5 years
Profit compounding 135% a year over 5 years
Returns on capital 15.5% (5-year median)
#14 of 66 in Residential Commercial Projects on the latest reported figures · up from 11.8% in FY21
Over 5 years it reported ₹9,449 Cr of profit and ₹9,786 Cr of operating cash — 1.04×
Profit is converting into cash
Concerns
Heavy working capital — 839 days of cash tied up
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

LODHA · price

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

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from LODHA DEVELOPERS LIMITED's filed financials and exchange disclosures

What does LODHA DEVELOPERS LIMITED do?

LODHA DEVELOPERS LIMITED is a Realty company listed on NSE and BSE, trading under the symbol LODHA.

Is LODHA DEVELOPERS LIMITED profitable?

Yes. Over the trailing twelve months LODHA DEVELOPERS LIMITED reported a net profit of ₹4,129 Cr on revenue of ₹18,181 Cr.

Does LODHA DEVELOPERS LIMITED pay a dividend?

Yes. The dividend yield is 0.42% at the current price. It paid out 12% of its profit as dividend in FY26.

Is LODHA DEVELOPERS LIMITED debt-free?

No. It reported borrowings of ₹9,884 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹7,181 Cr after cash. Debt stands at 0.42× equity. That is higher than 54% of its 64 Residential Commercial Projects peers.

Is LODHA DEVELOPERS LIMITED expensive compared with its peers?

On trailing P/E, LODHA DEVELOPERS LIMITED ranks 35 of 57 in Residential Commercial Projects — cheaper than 39% of them, against an industry median of 20.1×. This is a position, not a valuation judgement.

How much does the LODHA DEVELOPERS LIMITED share price move in a day?

On a typical session LODHA DEVELOPERS LIMITED moves 1.37% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are LODHA DEVELOPERS LIMITED's next results?

Financial Results on Fri, 30 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track LODHA DEVELOPERS LIMITED's announcements?

Every NSE and BSE filing by LODHA DEVELOPERS LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.