NSE LODHA · BSE 543287 · Construction Services · NIFTY 500

Lodha Developers Share Price

Market closed · updated 25 Sep, 4:42 PM IST
₹1,158.10 ▼ −₹3.37 · 0.29% NSE · as of 24 Sep 2026, 8:41 AM · BSE ₹1,160.10
Today's range
₹1,151.15Low₹1,176.50High
52-week range
₹650.85Low · 2 Apr 2026₹1,344.00High · 29 Jul 2026

Lodha Developers Overview

Where the price stands, how it has moved and how it sits against its averages.

Lodha Developers shares last traded at ₹1,158.10 on the NSE, down 0.29% on the day. That is 13.8% below the 52-week high of ₹1,344.00 and 77.9% above the 52-week low of ₹650.85. The stock trades at 23.12× earnings, above the sector average of 20.00. Its market value is ₹1,15,933 Cr.

Price returns

1 Day▼ −0.29%
5 Days▲ +6.91%
This month▼ −3.01%
3 Months▲ +23.95%
6 Months▲ +58.41%
This year▲ +9.54%
1 Year▼ −3.56%

Against the market: 1 Month ▼ −4.85% · 3 Months ▲ +27.54% · 6 Months ▲ +59.35% · This year ▲ +24.75% · 1 Year ▲ +5.82%

Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.

Moving averages — price is above 4 of 6

  1. 50-day average₹1,204.09 ▼ price 3.8% below
  2. 20-day average₹1,183.18 ▼ price 2.1% below
  3. Today's price₹1,158.10
  4. 10-day average₹1,134.03 ▲ price 2.1% above
  5. 5-day average₹1,123.44 ▲ price 3.1% above
  6. 100-day average₹1,073.47 ▲ price 7.9% above
  7. 300-day average₹1,022.60 ▲ price 13.3% above

Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.

Lodha Developers Financial Results

Revenue and net profit in ₹ crore, with the full statements underneath.

Revenue₹ crore
16,676
Net profit₹ crore · losses below zero
3,428

Year by year

Fiscal yearRevenueGrowthNet profitNet marginEPSDividend
FY 2026 ₹16,676 Cr ▲ +21.0% ₹3,428 Cr 20.6% ₹34.25 ₹4.25
FY 2025 ₹13,780 Cr ▲ +33.6% ₹2,764 Cr 20.1% ₹27.69 ₹4.25
FY 2024 ₹10,316 Cr ▲ +8.9% ₹1,549 Cr 15.0% ₹15.99 ₹2.25
FY 2023 ₹9,470 Cr ▲ +2.6% ₹487 Cr 5.1% ₹5.05 ₹1.00
FY 2022 ₹9,233 Cr ▲ +69.5% ₹1,202 Cr 13.0% ₹13.12 —
FY 2021 ₹5,449 Cr ▼ −56.2% ₹40 Cr 0.7% ₹0.51 —
FY 2020 ₹12,443 Cr — ₹728 Cr 5.8% ₹9.19 —

Balance sheet — FY26

Owes (liabilities)Shareholders' equity
60%
40%
  • Total assets₹58,937 Cr
  • Total liabilities₹35,650 Cr
  • Shareholders' equity₹23,286 Cr
  • Total debt₹9,896 Cr
  • Cash & investments₹6,046 Cr
  • Current ratio1.75×
  • Revenue growth, 5 yr25.07% a year
  • EPS growth, 5 yr132.42% a year
  • Operating margin (TTM)30.31%
  • Net margin (TTM)22.71%

Cash flow — FY26

Operating activities
▲ ₹960 Cr
Investing activities
▼ −₹780 Cr
Financing activities
▲ ₹1,589 Cr
Free cash flow
▲ ₹710 Cr
Net change in cash
▲ ₹1,769 Cr

Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.

Full financial statements, FY20–FY26
₹ croreFY20FY21FY22FY23FY24FY25FY26
Total revenue12,442.595,448.579,233.209,470.4010,316.1013,779.5016,676.20
Cost of revenue9,549.983,603.826,062.616,064.006,202.808,249.609,796.40
Gross profit2,892.611,844.753,170.593,406.404,113.305,529.906,879.80
Operating expenses10,902.284,783.747,121.448,674.407,949.2010,063.4012,100.70
Operating income1,540.32664.842,111.76796.002,366.903,716.104,575.50
Depreciation139.5963.0858.2976.60118.00152.60178.10
Profit before tax1,003.0233.161,716.54452.502,027.603,555.504,371.30
Tax261.50−14.73508.03−37.00473.40788.90940.60
Net profit727.5640.161,202.37486.701,549.102,764.303,428.20
EPS (₹)9.190.5113.125.0515.9927.6934.25
Dividend per share (₹)———1.002.254.254.25

What Analysts Say

18 analysts

Recommendations from 18 analysts who cover Lodha Developers.

Strong Buy average rating 1.50 on a 1–5 scale

▲ 16 bullish (88.9%) · 2 hold (11.1%) · ▼ 0 bearish (0.0%)

Votes

Strong Buy
11 (61%)
Buy
5 (28%)
Hold
2 (11%)
Sell
0 (0%)
Strong Sell
0 (0%)

How the votes changed

Rating3M ago2M ago1M ago1W agoNow3-month change
Strong Buy1112121211 —
Buy44555 ▲ +1
Hold33222 ▼ −1
Sell00000 —
Strong Sell00000 —

Analyst ratings are opinions, not a guarantee of returns.

Lodha Developers vs Peers

Side by side with other construction services companies. The small bars compare each column.

CompanyPriceChangeMarket capP/EP/BROE (5 yr)Net marginDiv. yieldRating
Lodha Developers ₹1,158.10 ▼ −0.29% ₹1,15,933 Cr 23.12 4.99 12.35% 22.71% 0.37% This stock
DLF ₹673.10 ▼ −0.13% ₹1,66,613 Cr 39.03 3.64 7.66% 32.00% 1.20% Bullish
Indus Towers ₹377.20 ▼ −2.15% ₹99,512 Cr 14.89 2.68 24.15% 21.99% — Bearish
Oberoi Realty ₹1,849.00 ▲ +0.80% ₹67,387 Cr 27.28 3.84 14.60% 41.59% 0.42% Bullish
Godrej Properties ₹1,668.00 ▼ −2.24% ₹50,245 Cr 165.98 3.31 8.31% 35.87% 0.48% Bearish
Rail Vikas Nigam ₹206.25 ▼ −2.53% ₹43,004 Cr 53.68 4.79 15.56% 4.27% 0.63% Moderately Bearish

Rating = the data provider's overall technical view of each peer. Company names link to their own pages.

Shareholding Pattern

Who owns Lodha Developers shares, quarter by quarter (latest on top).

PromoterFIIMFOther
Jun '26
70.3%
23.6%
Mar '26
Dec '25
Sep '25
HolderSep '25Dec '25Mar '26Jun '26Change
Promoter71.87%71.85%72.27%70.31% ▼ −1.96 pts
FII24.11%23.49%21.24%23.62% ▲ +2.38 pts
MF1.55%1.98%3.37%1.88% ▼ −1.49 pts
Other2.47%2.68%3.12%4.19% ▲ +1.07 pts

Lodha Developers Key Metrics

Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.

Lodha DevelopersBenchmarkComfortable → stretched

Valuation Is the price reasonable?

P/E (TTM)Price ÷ yearly earnings per share
23.12
▲ 16% above the sector average of 20.00
P/E, 12-month rangeLow 19.81 · high 278.31
1%
Today's P/E sits 1% of the way from its low to its high
P/BPrice ÷ book value per share
4.99
P/SPrice ÷ sales per share
6.39
P/CFPrice ÷ cash flow per share
25.95
PEGP/E ÷ earnings growth (≈1 is fair)
0.32

Profitability Of every ₹100 of sales, how much is kept?

Gross marginKept after the cost of goods
43.66%
▲ above its 5-yr average of 38.84%
Operating marginKept after running costs
30.31%
▲ above its 5-yr average of 22.81%
Pre-tax marginKept before tax
28.84%
▲ above its 5-yr average of 20.38%
Net marginKept as profit
22.71%
▲ above its 5-yr average of 15.89%

Returns & efficiency How well does it use its money?

Return on equityProfit on shareholders' money
15.77%
▲ above its 5-yr average of 12.35%
Return on assetsProfit on everything it owns
6.31%
▲ above its 5-yr average of 4.22%
Return on investmentProfit on long-term capital
13.82%
▲ above its 5-yr average of 10.40%

Growth Is the business getting bigger?

Revenue — last 12 months
+26.0%
▲ growing (off the scale)
Revenue — 3 yr, a year
+20.8%
▲ growing
Revenue — 5 yr, a year
+25.1%
▲ growing (off the scale)
EPS — last 12 months
+38.8%
▲ growing (off the scale)
EPS — 3 yr, a year
+89.3%
▲ growing (off the scale)
EPS — 5 yr, a year
+132.4%
▲ growing (off the scale)
Dividend — 3 yr, a year
+62.0%
▲ growing (off the scale)
Book value — 5 yr, a year
+32.0%
▲ growing (off the scale)

Financial strength Can it pay its bills and debts?

Debt to equityBorrowings for every ₹1 of shareholders' money
0.42×
✓ Low debt
Current ratioShort-term assets for every ₹1 due within a year
1.75×
✓ Comfortable
Quick ratioLike the current ratio, without inventory
0.44×
! Tight
Interest coverOperating profit ÷ interest to pay
15.34×
✓ Strong
Payout ratioShare of profit paid as dividend
12.38%
• Keeps most

Per share What each share stands for

EPS (TTM)
₹41.14
Book value
₹233.12
Cash flow
₹44.64
Dividend
₹4.25
Revenue
₹181.28

The share price is 4.97× the book value behind each share.

Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.

All 109 metrics from the data provider

Valuation

P/E excluding extraordinary items, most recent fiscal year33.94
Current Dividend Yield - Common Stock Primary Issue, LTM0.37
Price to Book - most recent fiscal year4.99
P/E Basic excluding extraordinary items - TTM23.12
P/E including extraordinary items - TTM28.26
P/E excluding extraordinary items low, trailing 12 months19.81
Price to Tangible Book - most fiscal year5.04
Price to sales - most recent fiscal year6.97
Dividend Yield - indicated annual dividend divided by closing price0.37
Price to Cash Flow per share - trailing 12 month25.95
Peg Ratio0.32
Price to Free Cash Flow per Share - most recent fiscal year406.91
P/E Normalized, most recent fiscal year32.98
P/E excluding extraordinary items high, trailing 12 months278.31
P/E excluding extraordinary items, most recent fiscal year quarter28.26
Price to sales - trailing 12 month6.39
Net Debt, LFY38,496.00

Per share

Cash Flow per share - trailing 12 month44.64
Cash Flow per share - most recent fiscal year36.05
EPS including extraordinary items - trailing 12 month41.14
EPS including extraordinary items - most recent fiscal year34.25
EBITD per share - trailing 12 month58.42
Revenue/share - trailing 12 month181.28
EPS excluding extraordinary items - trailing 12 month41.14
EPS Basic excluding extraordinary items - most recent fiscal year34.34
EPS Basic excluding extraordinary items - trailing 12 month41.31
Book value per share - most recent fiscal year233.11
Dividend per share - most recent fiscal year4.25
Revenue/share - most recent fiscal year166.61
EPS Normalized - most recent fiscal year35.25
Book value (tangible) per share - most recent fiscal year230.82
Dividends per share - trailing 12 month4.25
EPS excluding extraordinary items - most recent fiscal year34.25
Cash per share - most recent fiscal year60.53

Margins

Operating margin - trailing 12 month30.31
Gross Margin - 5 year average38.84
Operating margin - 1st historical fiscal year27.44
Operating Margin - 5 year average22.81
Net Profit Margin % - 1st historical fiscal year20.57
Gross Margin - 1st historical fiscal year41.26
Net Profit Margin % - trailing 12 month22.71
Net Profit Margin - 5 year average15.89
Pretax Margin - 5 year average20.38
Pretax margin - 1st historical fiscal year26.21
Pretax margin - trailing 12 month28.84
Free Operating Cash Flow/Revenue, 5 Year Average13.72
Gross Margin - trailing 12 month43.66

Growth

EPS Change %, TTM over TTM38.78
Revenue growth rate, 5 year25.07
EPS growth rate, 5 year132.42
Revenue Change % - most recent quarter 1 year ago43.10
Growth rate% - dividend, 3 year61.98
Growth rate% - EPS, 3 year89.34
Revenue/share (5 yr growth)23.73
Free Operating Cash Flow, 5 Year CAGR−35.32
Tangible Book Value, Total Equity, 5 Year CAGR41.59
Capital Spending growth rate, 5 year161.55
Revenue Change %, TTM over TTM26.04
Growth rate% - Revenue, 3 year20.76
Book value per share growth rate, 5 year32.04
EPS Change % - most recent quarter 1 year ago103.26
Net Profit Margin growth rate, 5 year87.87
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR32.59
Total Debt, 5 Year CAGR−11.44

Financial strength

Net Interest coverage - most recent fiscal year15.34
Free Cash Flow - most recent fiscal year2,855.00
LT debt/equity - most recent fiscal year0.16
Quick ratio - most recent fiscal year0.44
Payout ratio - trailing 12 month10.29
Current ratio - most recent fiscal year1.75
Current EV/Free Cash Flow, LFY40.95
Total debt/total equity - most recent fiscal year0.42
Net Interest coverage - trailing 12 month8.14
Payout ratio - most recent fiscal year12.38

Returns & efficiency

Return on average equity - 5 year average12.35
Net Income/employee - trailing 12 month71,39,374.00
Revenue/employee - most recent fiscal year2,99,33,940.00
Return on investment - most recent fiscal year13.82
Return on average assets - most recent fiscal year6.31
Receivables turnover - most recent fiscal year5.53
Inventory turnover - most recent fiscal year0.25
Revenue/employee - trailing 12 month3,14,39,050.00
Return on average assets - 5 year average4.22
Net Income/employee - most recent fiscal year61,58,141.00
Asset turnover - most recent fiscal year0.31
Return on average equity - most recent fiscal year15.77
Return on investment - 5 year average10.40

Price & volume

Market Cap1,16,722.34
52 week Low Date2 Apr 2026
Price - 1 Day % Change1.62
Relative (S&P500) price percent change - 13 week27.54
Avg trading volume last 10 days1.98
Price - 13 week price percent change23.95
Price - 52 week price percent change−3.56
Avg Trading Volume Last 3 months53.88
Price - 5 Day % Change6.91
Price % Change Month To Date−3.01
Relative (S&P500) price percent change - 04 week−4.85
52 week High Date29 Jul 2026
Price - 26 week price percent change58.41
PDATE23 Sep 2026
Price - YTD price percent change9.54
Relative (S&P500) price percent change - 52 week5.82
NPRICE1,162.50
Relative (S&P500) price percent change - 26 week59.35
52 week Low650.80
52 week High1,344.95
Beta1.48
Relative (S&P500) price percent change - Year to Date24.75

Dividends & Corporate Events

Payouts to shareholders, splits and bonus issues, and company meetings — newest first.

Dividend per share₹ per share, by fiscal year
₹4.25
₹4.25
  • Dividend yield0.37%
  • Payout ratio12.38%
  • Latest dividend₹4.25 per share · 7 Aug 2026

Corporate calendar

  • MeetingAnnual General Meeting
  • Dividend₹4.25 per share · 43% · Final dividend
  • BoardQuarterly Results
  • MeetingPostal Ballot
  • BoardAudited Results & Final Dividend
  • BoardQuarterly Results
  • BoardQuarterly Results
  • Dividend₹4.25 per share · 43% · Final dividend
Show 10 older events
  • BoardOthers
  • BoardQuarterly Results
  • MeetingPostal Ballot
  • BoardAudited Results & Final Dividend
  • MeetingPostal Ballot
  • BoardQuarterly Results
  • MeetingAnnual General Meeting
  • Dividend₹2.25 per share · 23% · Final dividend
  • Dividend₹1.00 per share · 10% · Final dividend
  • BonusBonus issue in the ratio of 1:1 of Rs. 10/-.

About Lodha Developers

Construction Services

Lodha Developers Limited, formerly Macrotech Developers Limited, is an India-based real estate developer. The Company is engaged in the construction and development of real estate and allied activities, which also includes development of residential projects, commercial projects and digital infrastructure parks. The Company’s projects are located in the Mumbai Metropolitan Region, Pune and Bengaluru. Its residential projects include Lodha World Towers, Mumbai; Lodha Cullinan, Mumbai; Lodha Vero, Mumbai; The Reserve by Lodha Belmondo, Mumbai-Pune Expressway; Lodha Sterling, Thane; Lodha Golfview, Palava; Lodha Villa Royale Gold, Thane, and Lodha Azur, Bangalore. Its commercial projects include Lodha Supremus New Cuffe Parade, New Cuffe Parade; Lodha iThink, Palava Business District; Lodha Signet Lower Parel, Lower Parel; LodhaExcelus, Mahalaxmi; Lodha Supremus Thane, Thane; Lodha Life Sciences, Palava, among others.

Key people

  • Abhishek Mangal Prabhat LodhaChief Executive Officer, Managing Director, Executive Director
  • Sanjay ChauhanChief Financial Officer
  • Sanjyot Nilesh RangnekarCompany Secretary & Compliance Officer
  • Shaishav DhariaWhole-Time Director
  • Raunika MalhotraWhole Time Director
  • Sushil Kumar ModiWhole-Time Director

Company facts

  • NSE symbolLODHA
  • BSE code543287
  • ISININE670K01029
  • IndustryConstruction Services
  • IndexNIFTY 500
  • Market cap₹1,15,933 Cr
  • Revenue (FY26)₹16,676 Cr
  • Net profit (FY26)₹3,428 Cr

In the News

Recent headlines about Lodha Developers — they open on Mint in a new tab.

Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →

Frequently Asked Questions

Lodha Developers (NSE: LODHA) last traded at ₹1,158.10 on the NSE, down 0.29% (₹3.37) on the day, as of 24 Sep 2026, 8:41 AM. On the BSE it was ₹1,160.10. The day's range was ₹1,151.15 – ₹1,176.50.

Lodha Developers's 52-week high is ₹1,344.00 (29 Jul 2026) and its 52-week low is ₹650.85 (2 Apr 2026). At ₹1,158.10 the share is 13.8% below its high and 77.9% above its low.

Lodha Developers's market capitalisation is ₹1,15,933 Cr (₹1.16L Cr). It is part of the NIFTY 500 index.

Lodha Developers's P/E ratio (trailing 12 months) is 23.12. The sector average is 20.00, so investors pay 16% more for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹41.14.

Lodha Developers shares are down 3.56% over the last year, up 9.54% so far this year, up 58.41% over 6 months, up 23.95% over 3 months. Over the last year the stock did 5.82% better than the market.

In FY26 (year to Mar 2026), Lodha Developers reported revenue of ₹16,676 Cr (up 21.02% on the year before) and a net profit of ₹3,428 Cr. Earnings per share were ₹34.25.

Yes. Lodha Developers's latest dividend is ₹4.25 per share (43%, final dividend), with an ex-date of 7 Aug 2026. The dividend yield is 0.37%. It has paid 4 dividends in the records shown on this page.

Of 18 analysts covering Lodha Developers, 16 are bullish (11 strong buy, 5 buy), 2 say hold and 0 are bearish. The consensus is Strong Buy (average rating 1.50 on a scale where 1 is Strong Buy and 5 is Strong Sell). Analyst views are opinions, not a guarantee.

As of Jun 2026: Promoter 70.31%, FII 23.62%, MF 1.88%, Other 4.19%. Promoter holding fell by 1.96 percentage points from Mar 2026.

Lodha Developers's listed peers in Construction Services include DLF, Indus Towers, Oberoi Realty, Godrej Properties, Rail Vikas Nigam. By market capitalisation it ranks #2 of 6 in this group.