NSE: LODHA · BSE: 543287 · ISIN INE670K01029
Lodha Developers Limited stock analysis
Lodha Developers Limited ranks #377 in the TickerSutra evidence-ranked universe with a score of 66/100 and 95% data confidence. The latest captured fundamentals show ROCE of 16.4%, quarterly sales growth of 43.1% and quarterly profit growth of 103.4%.Watchlist candidate
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- 20.8% three-year sales CAGR
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹9,233cr | ₹2,186cr | ₹1,208cr | 24.0% |
| 2023 | ₹9,470cr | ₹2,064cr | ₹490cr | 22.0% |
| 2024 | ₹10,316cr | ₹2,665cr | ₹1,554cr | 26.0% |
| 2025 | ₹13,780cr | ₹3,989cr | ₹2,767cr | 29.0% |
| 2026 | ₹16,676cr | ₹4,923cr | ₹3,431cr | 30.0% |
| TTM | ₹18,181cr | ₹5,858cr | ₹4,129cr | 32.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Lodha Developers Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineAnalyst/Investor Meet Para A-XBRLNSE · 22 Sept 2026 · Structured filingLodha Developers Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet
Lodha Developers Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet
Open original XBRL sourceSchedule of Analysts/Investor Meet is enclosed
RoutineNOC/No dues certificate/consent/permissionNSE · 22 Sept 2026Catalyst Trusteeship Limited has informed the exchange for Lodha Developers Limited regarding NOC/No dues certificate/consent/permission of ISIN INE670K07364 for the FY 2026-2027
RoutineNOC/No dues certificate/consent/permissionNSE · 18 Sept 2026Catalyst Trusteeship Limited has informed the exchange for Lodha Developers Limited regarding NOC/No dues certificate/consent/permission of ISIN INE670K07364 for the FY 2026-2027
MANAGEMENT COMMENTARY
Signals from filed documents
At the same time, as Abhishek suggested, the market is witnessing a shift towards branded developers with their share increasing from roughly 30% to about 40% over similar time period, underscoring rising consumer preference for trust, quality and execution. If we especially talk about our current position, we have been growing at a strong pace of 25%- plus CAGR in the South & Central Mumbai, primarily led by our res
First, severe land constraints and prohibitive pricing in core micro-markets continue to push development outward. Second, accelerating transit connectivity is making these peripheral nodes increasingly attractive to homebuyers by offering competitive pricing, greater open spaces, and larger unit configurations. Improved connectivity is already catalysing the emergence of new high-growth residential corridors across
Global inflation moderated to 4.1% in CY25, down from 5.9% in CY24, partially reflecting a softening in commodity prices and cooling demand pressures in some economies. Nevertheless, inflationary pressures persist as structural factors such as supply chain costs and localised labour market tightness, combined with idiosyncratic factors like US imposed tariffs contribute to price increases for specific goods, particul
This dual approach allows us to optimise our financial outcomes. JDA projects require lower upfront capital investment and generate higher IRRs, while outright land acquisitions generally deliver higher margins with higher upfront capital requirements. JDAs are expected to contribute ~40% of pre-sales, legacy land parcels in Palava and Upper Thane are to Building Recurring Income Streams To strengthen the stability o
Concentration Risk Risk Profile As the MMR remains the primary contributor to our consolidated pre- sales volume. Any localised macroeconomic deceleration, regulatory shift, or prolonged demand slowdown within the MMR property market could sectorally expose our revenue trajectory and adversely impact our financial performance. Mitigation Strategy While the MMR remains our foundational anchor, we are systematically mi
Inventory Turnover Ratio 2.3 1.6 37% Cost of project / Average of Inventory The increase is due to a higher cost of projects, aligned with the increase in operational revenue. Interest Coverage Ratio 4.4 3.5 25% Earnings before Interest Expenses, Depreciation and Tax / Interest cost# Improvement is driven by higher operating EBITDA, resulting from increased revenue and better operational leverage. Current Ratio 1.7 1
Net debt, which stood at 3.5x equity at IPO, is now at 0. We have grown at scale while simultaneously deleveraging. That combination, we believe, is genuinely rare in this sector, and it reflects both the strength of our brand and the discipline of our capital allocation.
Cybersecurity and Data Privacy Transition Climate change and other Environment Related Risk Environment-related risks impacting business strategy and external stakeholders. Impact on business strategy, customer experience, ESG ratings and investor confidence Decarbonisation via Lodha Net Zero Urban Accelerator and biodiversity protection, Water Efficiency and Circularity, etc.) Climate Change; Energy and Energy Effic
Remuneration to Executive Directors shall be in accordance with the provisions of the Act and the rules made thereunder. Increments may be recommended by the NRC to the Board which should be within the limits approved by the shareholders. Executive Directors shall not be entitled to sitting fees for attending meetings of the Board and its committees.
05 Predictive Insights Leveraging historical data for demand forecasting and establishing early-warning flags for potential value chain disruptions. Should-Cost Modeling Deploying AI-driven analytics to benchmark raw material costs across micro-markets and optimise procurement timing. Corrective Action Protocols (CAP) Identifying partners requiring targeted ESG support and co-developing time-bound CAPs focused on pro
Distribution of holdings by number of shares of the Company as on March 31, 2026 No of shares No of shareholders % of shareholders No of shares held % of shareholding 1 – 500 1,45,417 97.09 66,00,107 0.66 501 – 1,000 1,956 1.31 14,71,794 0.15 1,001 – 2,000 856 0.57 12,27,467 0.12 2,001 – 3,000 283 0.19 7,01,662 0.07 3,001 – 4,000 133 0.09 4,69,229 0.05 4,001 – 5,000 105 0.07 4,80,979 0.05 5,001 – 10,000 232 0.15 17,1
As the domestic economy expands and urbanisation accelerates, the relevant cities for branded developers is also expected grow in number beyond the current 7 core cities. While geographic expansion acts as a potent growth catalyst, it inherently introduces distinct execution risks, which we mitigate through a two-phase strategy. Statutory Reports Management Discussion and Analysis 148 Phase 1: Pilot Phase (Years 2-4)
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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