Lodha Posts 10% Rise in Q1FY26 Pre-Sales to ₹44.5 Bn; Secures Projects Worth ₹227 Bn

Mumbai, 8 July 2025: Lodha Developers Ltd. (NSE: LODHA) has reported a strong start to the financial year with notable performance in pre-sales, collections, and project additions during the first quarter of FY26, despite temporary global disruptions. The company remains optimistic about meeting its full-year guidance backed by a solid project pipeline and disciplined financial management.

Following the announcement of its Q1FY26 performance, Lodha Developers Ltd. (NSE: LODHA) saw a muted response in early trading on 8 July 2025. The stock opened at ₹1,385.00 but dipped shortly after, reaching a low of ₹1,352.30 by 9:38 AM IST, reflecting a decline of ₹21.60 or 1.57%. Despite reporting a 10% year-on-year rise in pre-sales and securing projects worth ₹227 billion, investor sentiment appeared cautious. The stock last traded at ₹1,355.70, with market participants likely factoring in short-term global uncertainties and moderate collection growth.

Pre-Sales Touch ₹44.5 Bn Despite Global Slowdown

 Lodha achieved ₹44.5 billion in pre-sales during Q1FY26, reflecting a 10% year-on-year increase from ₹40.3 billion in Q1FY25. This growth comes in spite of a two-week impact caused by geopolitical uncertainties. The company has reaffirmed its FY26 pre-sales target of ₹210 billion, driven by a healthy pipeline of upcoming launches.

Collection Growth Signals Strong Buyer Confidence

Collections during the quarter climbed to ₹28.8 billion, a 7% rise from ₹26.9 billion in the same period last year. The company expects stronger inflows in the second half of FY26 as per its strategic plan. The collection performance is a reflection of stable customer demand and improved payment realisation.

New Projects Worth ₹227 Bn Added Across Key Cities

Lodha has secured five new projects across the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru, with a combined gross development value (GDV) of ₹227 billion. This achievement covers over 90% of the company’s full-year business development guidance of ₹250 billion, setting a strong foundation for growth in the coming quarters.

Net Debt Remains Controlled Despite Aggressive Expansion

As of Q1FY26, Lodha’s net debt stood at ₹50.8 billion, staying comfortably below the internal benchmark of 0.5x Net Debt/Equity. This prudent capital management has been maintained despite substantial investments in acquiring new land parcels and development rights.

Management Confirms Confidence in Meeting FY26 Targets

Lodha’s leadership expressed optimism about recovering from early-quarter challenges and meeting its sales and business development goals.

“We continue to witness strong demand across our key markets and have fortified our launch pipeline. Our disciplined financial approach ensures we remain within our targeted leverage range,” the company stated in regulatory filings to BSE and NSE.

About Lodha Developers Ltd.

Lodha Developers Limited (formerly Macrotech Developers Limited) is among India’s top real estate developers, focusing on residential and mixed-use projects across MMR, Pune, and Bengaluru. The company’s equity shares are listed on the BSE (543287) and NSE (LODHA). Lodha is known for delivering large-scale urban developments with strong execution and customer focus.

REF:https://nsearchives.nseindia.com/corporate/LODHA_07072025185040_Lodha_Q1FY26_Operational_Updates_07072025.pdf

Disclaimer:  At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations