Develops and sells residential housing in the Delhi NCR market, primarily Gurugram, and is now expanding into commercial real estate and premium branded residences. FY26 revenue of ₹2,595.865 crore split into three reported segments — real estate (71.9% of segment revenue), 'Others' (27.8%), and a small NBFC arm (0.3%) — with real estate generating ₹487.072 crore of segment EBIT on ₹2,665.542 crore of segment revenue. Customers are individual home buyers; FY26 presales reached ₹82.5 billion on 5+ million sq ft and 2,100+ units, with average realizations crossing ₹15,000 per sq ft (up 20%+ YoY). The firm is also entering commercial development via a 50:50 JV with RMZ Group for a 5.5 million sq ft project in Sector 71, and premium branded residences with Tonino Lamborghini covering 2+ million sq ft. Materials — principally land and construction inputs — make up 74.2% of revenue, with employees at 9.6% and other opex at 18%; FY26 net debt was brought near zero on operating cash flow above ₹21 billion. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Real estate (72%), Others (28%), NBFC (0%). Asset-heavy, project-cyclical residential real estate developer
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 1,241 | 2,498 | 2,596 |
| EBITDA (ex other income) | (28) | 44 | 1,219 |
| margin % | (2.2) | 1.8 | 47.0 |
| Owners' profit | 16 | 101 | 1,095 |
| EPS, as reported (₹) | 1.22 | 7.19 | 77.90 |
| ROE % · ROCE % | 2.6 · 1.8 | 13.9 · 6.7 | 59.2 · 36.3 |
| Debt / equity (x) | 3.05 | 3.24 | 1.59 |
| Cash from operations | 92 | 501 | 126 |
| Capex | (36) | (45) | (26) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 749 | 828 | 520 | 866 | 338 | 284 | 1,107 | 552 |
| Profit before tax | (7) | 26 | 73 | 46 | (62) | (60) | 1,386 | (21) |
| Net profit | 4 | 29 | 61 | 34 | (47) | (45) | 1,152 | (17) |
| EPS (₹) | 0.29 | 2.07 | 4.34 | 2.45 | (3.34) | (3.22) | 82.01 | (1.18) |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Real estate | 2,666 | 71.9 |
| NBFC | 11 | 0.3 |
| Others | 1,029 | 27.8 |
| Total, before eliminations | 3,706 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| DLF LIMITED | 1,59,533 | 35.9 | 3.51 | 48.1 | 9.7 | 6.0 | 8.6 | 37.1 |
| LODHA DEVELOPERS LIMITED |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 3 Sept 2026 · Senior Management Personnel Resigns at Signatureglobal | management changes | high | — | — |
| 3 Sept 2026 · Newspaper notice of 27th AGM on 24 Sep 2026 via video conferencing | compliance | minimal | — | — |
| 2 Sept 2026 · BRSR for FY26 filed with reasonable assurance on core indicators | compliance | low | — | — |
| 2 Sept 2026 · Notice of 27th AGM on 24 September 2026 | board shareholder meetings | medium | — | — |
| 2 Sept 2026 · Notice of 27th AGM and Annual Report for FY 2025-26 | board shareholder meetings | medium | — | — |
| 1 Sept 2026 · 27th Annual General Meeting on September 24, 2026 via video conferencing | compliance | minimal | — | — |
| 31 Aug 2026 · President Sales Sandeep Kumar Mittal resigns from Signatureglobal | management changes | high | — | — |
| 13 Aug 2026 · Walker Chandiok resigns as auditor from three material subsidiaries | management changes | high | — | — |
| 13 Aug 2026 · Statutory Auditors Resign from Three Material Subsidiaries | management changes | high | — | — |
| 13 Aug 2026 · Auditors resign from 3 material subsidiaries for group alignment | management changes | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 1,11,589 |
| 27.0 |
| 4.76 |
| 22.1 |
| 14.6 |
| 15.7 |
| 25.1 |
| 40.5 |
| THE PHOENIX MILLS LTD | 67,594 | 52.8 | 4.73 | 26.2 | 10.9 | 9.9 | 32.7 | 63.4 |
| PRESTIGE ESTATE LTD | 64,519 | 56.6 | 3.85 | 18.5 | 7.8 | 6.8 | 11.8 | 38.1 |
| OBEROI REALTY LIMITED | 63,306 | 20.8 | 3.53 | 18.2 | 14.0 | 15.5 | 24.0 | 61.1 |
| GODREJ PROPERTIES LTD | 52,653 | 32.9 | 2.72 | 23.7 | 9.5 | 11.4 | 46.3 | 107.7 |
| ANANT RAJ LIMITED | 21,490 | 36.2 | 3.69 | 29.3 | 9.6 | 10.2 | 58.7 | 32.1 |
| BRIGADE ENTER. LTD | 20,941 | 24.4 | 2.78 | 15.7 | 9.6 | 6.8 | 23.9 | 41.9 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 10.2 | 21.8 | 9 of 57 | 86% |
| P/B | 5.8 | 2.1 | 63 of 64 | 2% |
| ROCE | 34.7 | 6.8 | 2 of 67 | 99% |
| ROE | 59.2 | 8.2 | 2 of 67 | 99% |
| Debt / Equity | 1.6 | 0.4 | 62 of 67 | 8% |
| EBITDA margin | 2.8 | 29.6 | 57 of 66 | 14% |
| Revenue growth | (36.2) | 12.8 | 59 of 67 | 12% |
| Profit growth | (148.0) | 7.5 | 62 of 66 | 6% |
| Market cap | 10636 | 2250 | 11 of 67 | 85% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
