NSE LODHA · BSE 543287 · Construction Services · NIFTY 500
Lodha Developers Share Price
₹1,158.10
▼ −₹3.37 · 0.29%
Day range · 24 Sep
₹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 28.10× earnings, above the sector average of 20.00. Its market value is ₹1,15,933 Cr.
Price returns
1 Day▼ −0.29%
1 Week0.00%
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. We ask our data provider for a newer price every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next check from Mon 9 Nov, 9:15 AM. Its quotes are not real-time — the time at the top shows how current the price is.
Moving averages — price is above 4 of 6
- 50-day average₹1,204.09 ▼ price 3.8% below
- 20-day average₹1,183.18 ▼ price 2.1% below
- Today's price₹1,158.10
- 10-day average₹1,134.03 ▲ price 2.1% above
- 5-day average₹1,123.44 ▲ price 3.1% above
- 100-day average₹1,073.47 ▲ price 7.9% above
- 300-day average₹1,022.60 ▲ price 13.3% above
Each average is the mean closing price over that many trading days; averages above the current price sit higher on the ladder.
Lodha Developers Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
16,676
3,428
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| 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 | — |
4,997
1,372
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹4,997 Cr | ▲ +6.0% | ₹1,372 Cr | 27.5% | ₹13.70 |
| Q4 FY26 | ₹4,714 Cr | ▲ +0.9% | ₹1,008 Cr | 21.4% | ₹10.01 |
| Q3 FY26 | ₹4,673 Cr | ▲ +23.0% | ₹957 Cr | 20.5% | ₹9.56 |
| Q2 FY26 | ₹3,799 Cr | ▲ +8.8% | ₹789 Cr | 20.8% | ₹7.87 |
| Q1 FY26 | ₹3,492 Cr | ▼ −17.3% | ₹675 Cr | 19.3% | ₹6.74 |
| Q4 FY25 | ₹4,224 Cr | ▲ +3.5% | ₹922 Cr | 21.8% | ₹9.22 |
| Q3 FY25 | ₹4,083 Cr | ▲ +55.5% | ₹944 Cr | 23.1% | ₹9.45 |
| Q2 FY25 | ₹2,626 Cr | — | ₹423 Cr | 16.1% | ₹4.23 |
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
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 12,442.59 | 5,448.57 | 9,233.20 | 9,470.40 | 10,316.10 | 13,779.50 | 16,676.20 |
| Cost of revenue | 9,549.98 | 3,603.82 | 6,062.61 | 6,064.00 | 6,202.80 | 8,249.60 | 9,796.40 |
| Gross profit | 2,892.61 | 1,844.75 | 3,170.59 | 3,406.40 | 4,113.30 | 5,529.90 | 6,879.80 |
| Operating expenses | 10,902.28 | 4,783.74 | 7,121.44 | 8,674.40 | 7,949.20 | 10,063.40 | 12,100.70 |
| Operating income | 1,540.32 | 664.84 | 2,111.76 | 796.00 | 2,366.90 | 3,716.10 | 4,575.50 |
| Depreciation | 139.59 | 63.08 | 58.29 | 76.60 | 118.00 | 152.60 | 178.10 |
| Profit before tax | 1,003.02 | 33.16 | 1,716.54 | 452.50 | 2,027.60 | 3,555.50 | 4,371.30 |
| Tax | 261.50 | −14.73 | 508.03 | −37.00 | 473.40 | 788.90 | 940.60 |
| Net profit | 727.56 | 40.16 | 1,202.37 | 486.70 | 1,549.10 | 2,764.30 | 3,428.20 |
| EPS (₹) | 9.19 | 0.51 | 13.12 | 5.05 | 15.99 | 27.69 | 34.25 |
| Dividend per share (₹) | — | — | — | 1.00 | 2.25 | 4.25 | 4.25 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 40,692.55 | 39,308.11 | 38,478.81 | 39,154.90 | 47,225.20 | 49,840.60 | 58,936.60 |
| Current assets | 33,529.05 | 32,835.81 | 33,762.81 | 35,749.70 | 44,557.60 | 46,945.50 | 54,420.20 |
| Cash & short-term investments | 1,531.69 | 1,681.75 | 1,510.97 | 2,523.70 | 5,350.60 | 4,677.40 | 6,046.40 |
| Inventory | 29,031.44 | 28,300.71 | 27,358.31 | 30,330.40 | 34,292.40 | 36,906.20 | 40,606.20 |
| Property, plant & equipment | 1,191.35 | 1,128.86 | 1,118.72 | 1,142.90 | 570.90 | 617.00 | 969.60 |
| Total liabilities | 36,140.23 | 34,709.15 | 26,373.78 | 26,492.30 | 29,755.90 | 29,662.80 | 35,650.40 |
| Current liabilities | 33,063.15 | 29,474.71 | 23,024.90 | 23,858.80 | 27,427.40 | 27,815.90 | 31,106.70 |
| Total debt | 18,414.16 | 18,166.85 | 11,536.67 | 9,060.30 | 7,697.60 | 7,094.00 | 9,896.00 |
| Total equity | 4,552.32 | 4,598.96 | 12,105.03 | 12,662.60 | 17,469.30 | 20,177.80 | 23,286.20 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 3,741.73 | 2,523.95 | 1,998.34 | 2,761.40 | 2,512.30 | 1,702.70 | 960.00 |
| From investing | 211.72 | 419.88 | 1,138.95 | 1,777.80 | −2,947.00 | −90.40 | −780.20 |
| From financing | −4,188.40 | −2,835.13 | −2,887.76 | −3,705.50 | 950.90 | −2,505.70 | 1,589.20 |
| Capital expenditure | −37.48 | −2.04 | −44.49 | −90.40 | −169.70 | −474.20 | −250.20 |
| Dividends paid | — | — | — | — | −96.40 | −223.90 | −424.30 |
| Net change in cash | −233.99 | 109.04 | 249.53 | 833.70 | 516.20 | −893.40 | 1,769.00 |
Lodha Developers vs Peers
Side by side with other construction services companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield |
|---|---|---|---|---|---|---|---|---|
| Lodha Developers This stock | ₹1,158.10 | ▼ −0.29% | ₹1,15,933 Cr | 28.10 | 4.97 | 12.35% | 22.71% | 0.37% |
| DLF | ₹673.10 | ▼ −0.13% | ₹1,66,613 Cr | 39.03 | 3.64 | 7.66% | 32.00% | 1.20% |
| Indus Towers | ₹377.20 | ▼ −2.15% | ₹99,512 Cr | 14.89 | 2.68 | 24.15% | 21.99% | — |
| Oberoi Realty | ₹1,849.00 | ▲ +0.80% | ₹67,387 Cr | 27.28 | 3.84 | 14.60% | 41.59% | 0.42% |
| Godrej Properties | ₹1,668.00 | ▼ −2.24% | ₹50,245 Cr | 165.98 | 3.31 | 8.31% | 35.87% | 0.48% |
| Rail Vikas Nigam | ₹206.25 | ▼ −2.53% | ₹43,004 Cr | 53.68 | 4.79 | 15.56% | 4.27% | 0.63% |
Peer prices and ratios as last reported by the data provider. Company names link to their own pages.
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 DevelopersBenchmarkRule-of-thumb bands
Valuation The price against earnings, book value and sales
P/E (TTM)Price ÷ yearly earnings per share
28.10
▲ 41% above the sector average of 20.00
P/E, 12-month rangeLow 19.81 · high 278.31
3%
Today's P/E sits 3% of the way from its low to its high
P/BPrice ÷ book value per share
4.97
P/SMarket cap ÷ last 12 months' revenue
6.38
P/CFPrice ÷ cash flow per share
25.95
PEGP/E ÷ earnings growth rate
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%
Return on capital employedProfit before interest and tax on equity + debt
15.35%
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)
Net profit — 3 yr, a year
+91.7%
▲ growing (off the scale)
Net profit — 5 yr, a year
+143.4%
▲ 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×
Current ratioShort-term assets for every ₹1 due within a year
1.75×
Quick ratioLike the current ratio, without inventory
0.44×
Interest coverOperating profit ÷ interest to pay
15.34×
Payout ratioShare of profit paid as dividend
12.41%
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.
₹4.25
₹4.25
- Dividend yield0.37%
- Payout ratio12.41%
- Latest dividend₹4.25 per share · 7 Aug 2026
Corporate calendar
- MeetingCOM
- MeetingAnnual General Meeting
- Dividend₹4.25 per share · 43% · Final dividend
- BoardQuarterly Results
- MeetingPostal Ballot
- BoardAudited Results & Final Dividend
- BoardQuarterly Results
- BoardQuarterly Results
Show 11 older events
- Dividend₹4.25 per share · 43% · Final dividend
- 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.
- Lodha Developers share price gains over 4% on rate hike bets - Check how other realty stocks are performing today
Lodha Developers jumped more than 4% on the BSE to ₹1,148.50 per share, making it the top gainer in the index. The broader realty pack also traded in the green, indicating that the gains were not limited to a single stock.
18 Sep 2026 · 3 min read · Mint ↗ - Realty launches galore despite affordability concerns
Analysts say a prolonged war could be a dampener for realty companies' profitability. Plus, there is no clarity yet on the second-order effects of rising artificial intelligence adoption on IT hotspots, which can be a potential risk.
9 Sep 2026 · 3 min read · Mint ↗
Stock data comes from the exchange feed via our data provider. It is not real-time and can be delayed, so check the price with your broker before you trade. This page is for information and education only. It is not investment advice, research or a recommendation to buy, sell or hold any security. Investments in the securities market are subject to market risks; read all related documents carefully before investing. 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 IST. 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 28.10. The sector average is 20.00, so investors pay 41% 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.
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.
No. Lodha Developers has debt — its debt-to-equity ratio is 0.42 and total debt was ₹9,896 Cr in FY26. Its operating profit covers interest 15.34 times.