Lodha Developers (Macrotech Developers) has announced record performance for FY26, achieving a post-tax profit of ₹3,431 crore, marking a 24% year-on-year growth. The company recorded its highest-ever pre-sales of ₹20,530 crore. Supported by strong operational efficiencies, the company successfully reduced its net debt by ₹800 crore during the quarter, bringing the net debt-to-equity ratio to a comfortable 0.23x.
Record Financial Performance
Lodha Developers has delivered a robust financial performance for the financial year ended March 31, 2026. The company reported a Profit After Tax (PAT) of ₹3,431 crore, with a PAT margin reaching 20.0% for the first time. This success is underpinned by record annual pre-sales of ₹20,530 crore, reflecting strong demand despite challenging global conditions.
Strategic Growth and Project Additions
During FY26, the company aggressively expanded its portfolio by adding 12 new projects with a Gross Development Value (GDV) of ~₹60,000 crore, representing 2.4x the annual guidance. Key expansion efforts include the company’s strategic entry into the NCR market. As of April 1, 2026, the company maintains a substantial GDV pipeline of ₹2,00,000 crore, which is expected to reduce the need for further business development investments and improve future free cash flows.
Diversification into Annuity Assets
Lodha has taken significant steps to diversify its revenue streams through an MOU with the Government of Maharashtra to develop a Green Data Centre Park in Palava, spanning ~400 acres. The company aims to develop 1 GW of data center capacity on a built-to-suit basis. This initiative, alongside expanded retail and warehousing developments, is projected to grow the company’s annuity income by 10x over the next 6 years.
Commitment to Sustainability and Philanthropy
Lodha remains dedicated to its net-zero carbon emissions target by 2050. Furthermore, through the Lodha Foundation, the company continues its focus on ‘Philanthropy of Excellence.’ Notable contributions in FY26 include the launch of the Lodha Mathematical Sciences Institute and the upcoming Lodha Theoretical Physics Institute, both aimed at supporting India’s progress in scientific research and innovation.
Source: BSE
