Last Updated:
Lodha reported its best ever quarterly and annual pre-sales for FY25, with Q4 pre-sales at Rs 48.1bn and EBITDA of 32%.
Macrotech Developers Share Price
Lodha Share Price: Lodha, India’s leading real estate developer, announced its financial results for the financial year ending March 31, 2025. Company reported its best ever quarterly & annual pre-sales performance with robust margins. Q4 saw best ever quarterly pre-sales of Rs 48.1bn with embedded EBITDA of 32%.
On strong financial results, stocks of Marcotech Developers are up 3 per cent on Friday. The scrip opened at Rs 1346.85 per equity share against the previous close at Rs 1,320.35 per equity.
Macrotech Developers also announced final dividend of Rs 4.25, i.e. 42.50 per cent per equity share of Rs 10 each of the company. The Final Dividend will be paid to the shareholders holding equity shares on the record date to be determined by the Company after approval of the members at the ensuing 30th Annual General Meeting.
Commenting on the performance, Mr. Abhishek Lodha, MD & CEO, Macrotech Developers Ltd. said, “Our best ever quarterly and annual performance showcases the buoyancy in demand for high quality homes in India from a top-notch brand like Lodha.
Driven by the strength of our brand, we delivered pre-sales of INR 176bn for FY25, thus meeting our guidance of delivering consistent and predictable 20% growth – now for four consecutive years since our IPO. Our focus on profitable growth has resulted in strong margins and Return on Equity (RoE), which provides us with continued strength to grow. Our strong collections are also indicative of our capability to convert sales into cashflow in a timely manner.
During Q4, we added two more projects in Pune with a GDV of INR 43bn. With this, we now have nine locations across Pune. Having achieved over INR 25bn of pre-sales in Pune in FY25, the larger base of projects sets us on path to further increase our market share and continue to grow towards becoming the No. 1 developer in Pune.
Similarly, we have entered FY26 with five locations in Bengaluru setting the stage for our growth phase.
Despite investments in Business Development in this quarter, we further reduced our net debt by INR 3.1bn to INR 39.9bn (0.2x Net Debt/ Equity) – well below our ceiling of 0.5x Net Debt/Equity. This is on the back of strong operating cash flow generation of INR 23.4bn during the quarter. On the back of strong operating and financial performance, India Ratings upgraded our credit rating to (AA/ Stable).
Our exit cost of debt continues to go down and stands at 8.7% (down ~10 bps during the quarter) – among the lowest in the industry.”
Q4FY25 Operational & Financial Overview
• Pre-sales: INR 48.1bn (+14% YoY)
• Collection: INR 44.4bn (+26% YoY)
• Revenues from ops.: INR 42.2bn (+5% YoY)
• Adj. EBITDA: INR 14.6bn (+9% YoY)
• PAT: INR 9.2bn (+38% YoY)
About Lodha
Lodha has delivered ~100 million square feet of real estate and is currently developing more than 110 million square feet under its on-going and planned portfolio.
