Lodha Developers Limited

BSE: LODHA543287ISIN INE670K01029

Consumer Discretionary
Residential, Commercial Projects
BSE 200

BSE listing

Share price

₹1,115.10+13.05 (+1.18%)

as of 18 Sep 2026

52W high: ₹1,344.00
52W low: ₹650.85
Off 52W high: -17.03%
1M return: -7.54%
3M return: +21.37%
6M return: +39.92%
1Y return: -7.41%
20D avg volume: 82,843
50 DMA: ₹1,207.14
200 DMA: ₹1,021.99

Key ratios Consolidated

Market cap: ₹1,11,436 Cr
Current price: ₹1,115.10
52W high / low: ₹1,344.00 / ₹650.85
Face value: ₹10.00
P/E: 26.98
P/B: —
EPS (TTM): ₹41.32
Book value / share: —
ROE: —
ROCE: 18.00%
Operating margin: —
Net margin: —
Debt / equity: 0.42
Net debt: ₹7,181 Cr
Interest cover: 7.64
Dividend yield: 0.38%
Dividend / share (TTM): ₹4.25
Payout: 10.29%
Cash conversion cycle: 838.8 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	4,997	4,714	4,672	3,798	3,492	4,224	4,083	2,626	2,846	4,018	2,931	1,750
	100.00	127.00	102.90	80.40	133.00	196.00	63.60	58.90	71.80	65.40	28.10	5.50
	3,323	3,579	3,540	2,918	2,721	3,233	2,988	2,124	2,267	3,205	2,198	1,486
	2,542	2,760	2,742	2,199	2,095	2,567	2,400	1,572	1,711	2,522	1,678	999.00
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	184.40	163.80	171.90	171.00	152.00	131.60	131.40	140.30	140.00	119.60	117.10	115.30
	179.10	167.40	185.00	156.50	147.80	151.70	144.10	136.50	117.20	115.80	116.80	123.10
	69.20	110.60	97.50	71.40	65.90	77.80	67.20	66.50	60.40	117.30	33.30	29.30
	347.40	377.30	343.00	319.60	260.30	304.80	246.20	208.80	238.80	329.90	253.30	219.20
	1,774	1,262	1,236	961.30	903.70	1,187	1,158	560.50	651.00	879.20	760.70	269.20
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-104.90	0.00
	1,774	1,262	1,236	961.30	903.70	1,187	1,158	560.50	651.00	879.20	655.80	269.20
	402.80	255.80	285.40	171.00	228.40	263.70	213.70	136.80	174.70	211.50	143.90	62.40
	1,373	1,008	957.70	789.80	675.10	922.80	944.80	423.10	475.90	667.00	505.20	202.80
	13.73	10.09	9.59	7.90	6.76	9.26	9.48	4.25	4.78	6.84	5.22	2.09
Key metrics
	2,022	1,540	1,518	1,189	1,117	1,417	1,370	763.50	828.60	1,112	805.90	421.60
	40.50%	32.70%	32.50%	31.30%	32.00%	33.50%	33.50%	29.10%	29.10%	27.70%	27.50%	24.10%
	27.50%	21.40%	20.50%	20.80%	19.30%	21.80%	23.10%	16.10%	16.70%	16.60%	17.20%	11.60%
	—	5.10%	—	4.20%	—	6.10%	—	—	—	—	—	—
	43.10%	11.60%	14.40%	44.70%	22.70%	5.10%	39.30%	50.10%	—	—	—	—
	103.40%	9.20%	1.40%	86.70%	41.90%	38.40%	87.00%	108.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21
Income statement
	18,181	16,676	13,780	10,316	9,470	9,233	5,449
	410.30	443.30	390.30	153.40	140.80	345.97	323.08
	13,359	12,757	10,613	8,324	7,976	7,864	5,276
	10,244	9,796	8,250	6,203	—	—	—
	0.00	0.00	0.00	—	—	—	—
	691.10	658.70	543.30	471.20	423.88	354.39	286.35
	688.00	656.70	549.50	479.80	479.10	680.34	1,126
	348.70	345.40	271.90	203.90	92.81	74.77	73.42
	1,387	1,300	998.60	966.40	916.32	691.50	186.43
	5,232	4,362	3,557	2,145	1,635	1,716	495.93
	0.00	0.00	0.00	-104.90	-1,177	0.00	-462.75
	5,232	4,362	3,557	2,040	457.63	1,716	33.18
	1,115	940.60	788.90	473.40	37.00	508.03	14.73
	4,129	3,431	2,767	1,554	489.42	1,209	47.89
	41.31	34.34	27.76	16.03	10.10	26.28	1.01
Key metrics
	6,269	5,364	4,378	2,724	1,030	2,471	1,232
	34.48%	32.20%	31.80%	26.40%	10.90%	26.80%	22.60%
	22.71%	20.60%	20.10%	15.10%	5.20%	13.10%	0.90%
	—	18.00%	18.60%	—	—	—	—
	—	21.00%	33.60%	8.90%	2.60%	69.50%	—
	—	24.00%	78.00%	217.60%	-59.50%	2,423.50%	—
	—	709.10	1,091	—	—	—	—
	—	0.28	0.57	—	—	—	—
	—	0.42	0.35	—	—	—	—
	—	7,181	6,147	—	—	—	—
	—	838.8	909.0	—	—	—	—
Balance sheet
	—	58,937	49,841	—	—	—	—
	—	54,420	46,946	—	—	—	—
	—	2,703	933.60	—	—	—	—
	—	1,472	776.30	—	—	—	—
	—	40,254	36,476	—	—	—	—
	—	1,123	1,306	—	—	—	—
	—	969.60	617.00	—	—	—	—
	—	3,403	2,936	—	—	—	—
	—	31,107	27,816	—	—	—	—
	—	9,884	7,080	—	—	—	—
	—	6,168	5,864	—	—	—	—
	—	3,716	1,216	—	—	—	—
	—	23,429	20,245	—	—	—	—
Cash flow
	—	959.30	1,566	—	—	—	—
	—	-780.20	-90.40	—	—	—	—
	—	1,589	-2,506	—	—	—	—
	—	250.20	474.20	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	4,378	3,902	4,307	2,983	3,349	3,846	3,485	2,560	2,785	3,526	2,794	1,731
	115.50	268.30	398.90	63.90	145.70	155.00	86.90	91.70	94.90	130.40	71.80	23.40
	3,116	3,210	3,290	2,618	2,627	3,020	2,809	2,138	2,243	2,927	2,157	1,521
	2,416	2,489	2,544	1,939	2,045	2,396	2,218	1,553	1,684	2,253	1,623	998.70
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	166.10	150.90	156.90	156.70	140.20	133.10	129.30	138.00	137.90	117.90	116.10	112.00
	198.60	178.70	212.50	187.10	172.70	154.20	170.50	155.50	132.20	118.80	130.30	140.50
	64.70	92.70	98.80	65.40	62.80	70.10	71.50	88.50	65.80	121.70	41.90	46.30
	271.00	298.40	278.70	269.40	206.10	267.10	218.90	203.40	223.30	316.20	245.30	223.30
	1,377	960.20	1,416	429.30	868.00	981.00	763.50	514.00	637.20	729.20	709.10	233.80
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	-263.90	—
	1,377	960.20	1,416	429.30	868.00	981.00	763.50	514.00	637.20	729.20	445.20	233.80
	327.40	165.90	270.00	93.70	223.70	206.90	198.80	128.90	171.50	190.00	132.00	57.70
	1,050	794.30	1,146	335.60	644.30	774.10	564.70	385.10	465.70	539.20	313.20	176.10
	10.51	7.95	11.48	3.36	6.46	7.78	5.67	3.87	4.68	5.54	3.25	1.83
Key metrics
	1,640	1,232	1,727	681.80	1,104	1,205	1,006	758.00	835.20	969.70	617.40	420.60
	37.50%	31.60%	40.10%	22.90%	32.90%	31.30%	28.80%	29.60%	30.00%	27.50%	22.10%	24.30%
	24.00%	20.40%	26.60%	11.20%	19.20%	20.10%	16.20%	15.00%	16.70%	15.30%	11.20%	10.20%
	—	4.30%	—	2.40%	—	5.60%	—	—	—	—	—	—
	30.70%	1.40%	23.60%	16.50%	20.20%	9.10%	24.70%	47.90%	—	—	—	—
	62.90%	2.60%	102.90%	-12.90%	38.40%	43.60%	80.30%	118.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21
Income statement
	15,570	14,542	12,677	9,460	8,735	8,366	4,300
	846.60	876.80	428.50	318.80	254.89	154.03	146.29
	12,235	11,745	10,210	7,930	7,618	6,922	4,190
	9,388	9,017	7,851	5,725	—	—	—
	0.00	0.00	0.00	—	—	—	—
	630.60	604.70	538.30	462.80	411.22	344.26	256.51
	776.90	751.00	612.40	543.30	597.85	403.21	817.89
	321.60	319.70	295.90	251.30	124.17	56.12	57.29
	1,118	1,053	912.70	947.70	901.44	667.43	102.25
	4,182	3,673	2,896	1,848	1,372	1,598	256.35
	0.00	0.00	0.00	-263.90	-1,177	—	-460.00
	4,182	3,673	2,896	1,584	194.29	1,598	-203.65
	857.00	753.30	706.10	420.30	111.12	464.91	17.93
	3,325	2,920	2,190	1,164	305.41	1,133	-185.72
	33.30	29.25	21.99	12.04	6.34	24.77	-4.69
Key metrics
	5,281	4,744	3,804	2,379	916.31	2,058	671.53
	33.91%	32.60%	30.00%	25.10%	10.50%	24.60%	15.60%
	21.36%	20.10%	17.30%	12.30%	3.50%	13.50%	-4.30%
	—	16.80%	17.30%	—	—	—	—
	—	14.70%	34.00%	8.30%	4.40%	94.60%	—
	—	33.40%	88.10%	281.10%	-73.10%	710.30%	—
	—	1,295	987.40	—	—	—	—
	—	0.51	0.54	—	—	—	—
	—	0.48	0.39	—	—	—	—
	—	8,519	6,727	—	—	—	—
	—	846.2	876.2	—	—	—	—
Balance sheet
	—	57,566	48,746	—	—	—	—
	—	49,878	45,063	—	—	—	—
	—	2,206	815.60	—	—	—	—
	—	888.30	727.90	—	—	—	—
	—	36,588	33,075	—	—	—	—
	—	896.20	896.40	—	—	—	—
	—	898.10	407.60	—	—	—	—
	—	3,766	3,372	—	—	—	—
	—	31,282	28,515	—	—	—	—
	—	10,724	7,542	—	—	—	—
	—	7,043	6,890	—	—	—	—
	—	3,681	652.20	—	—	—	—
	—	22,211	19,104	—	—	—	—
Cash flow
	—	1,486	1,183	—	—	—	—
	—	-1,532	-217.80	—	—	—	—
	—	1,436	-1,941	—	—	—	—
	—	190.80	195.20	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +18.52%
Sales CAGR 5Y: +27.60%
Sales CAGR 10Y: —
Profit CAGR 3Y: +112.24%
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): +17.59%
Profit YoY (TTM): +40.41%

Consolidated

Sales CAGR 3Y: +20.76%
Sales CAGR 5Y: +25.07%
Sales CAGR 10Y: —
Profit CAGR 3Y: +91.38%
Profit CAGR 5Y: +134.98%
Profit CAGR 10Y: —
Sales YoY (TTM): +26.04%
Profit YoY (TTM): +39.21%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 70.31%

Holder	Type	Holding	Previous	Change
Sambhavnath Trust (through its trustees Abhishek Lodha and Vinti Lodha)	Promoter	23.12%	—	—
Lodha Philanthropy Foundation	Promoter Group	18.02%	—	—
Hightown Constructions Private Limited	Promoter Group	17.62%	—	—
Sambhavnath Infrabuild and Farms Private Limited	Promoter	9.27%	—	—
New World Fund Inc	Public	3.85%	—	—
Homecraft Developers and Farms Private Limited	Promoter Group	2.24%	—	—
Fidelity Advisor International Capital Appriciation Fund	Public	1.41%	—	—
Nordea 1 Sicav Fund	Public	1.22%	—	—
Bellissimo Properties Development Private Limited	Promoter Group	0.04%	—	—
Foreign Institutional Investors	Public	0.03%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

The Company has informed exchange regarding allotment of 1,11,859 securities pursuant to ESOP9 Sep 2026 · Company Update / Allotment of ESOP / ESPS
Newspaper Advertisement regarding NCLT Convened Meeting of Equity Shareholders and Secured Creditors (including Secured Debenture Holders) of the Company7 Sep 2026 · Company Update / Newspaper Publication
Approve Scheme of Merger by Absorption of Roselabs Finance Limited ('First Transferor Company') and National Standard (India) Limited ('Second Transferor Company') with Lodha Developers ....4 Sep 2026 · AGM/EGM / Court Convened Meeting
Approve Scheme of Merger by Absorption of Roselabs Finance Limited ('First Transferor Company') and National Standard (India) Limited ('Second Transferor Company') with Lodha Developers ....4 Sep 2026 · AGM/EGM / Court Convened Meeting
Acquisition of balance stake in Bellissimo Infratech Private Limited (Formerly known as Solidrise Realty Private Limited)31 Aug 2026 · Company Update / Acquisition
Change in Senior Management31 Aug 2026 · Company Update / Change in Management
The Company has informed exchange regarding allotment of 44,715 securities pursuant to ESOP21 Aug 2026 · Company Update / Allotment of ESOP / ESPS
Scrutinizer''s Report on voting at the 31st Annual General Meeting of the Company held on August 14, 202614 Aug 2026 · AGM/EGM / AGM
Outcome of 31st Annual General Meeting of the Company held on August 14, 2026 through Video Conferencing is enclosed14 Aug 2026 · AGM/EGM / AGM
The Company has informed exchange regarding allotment of 49,395 securities pursuant to ESOP12 Aug 2026 · Company Update / Allotment of ESOP / ESPS
Schedule of Analysts/Investor Meet is enclosed.7 Aug 2026 · Company Update / Analyst / Investor Meet
Transcript of Earning Conference Call held on July 27, 202630 Jul 2026 · Company Update / Earnings Call Transcript
Audio Recording of Earnings Conference Call for the quarter ended June 30, 202627 Jul 2026 · Company Update / Analyst / Investor Meet
Copy of Newspaper Publication regarding the Unaudited Financial Results of the Company for the quarter ended June 30, 2026.25 Jul 2026 · Company Update / Newspaper Publication
Investor Presentation on Unaudited Financial Results (Consolidated and Standalone) of the Company for the quarter ended June 30, 202624 Jul 2026 · Company Update / Investor Presentation
Press Release on Unaudited Financial Results (Consolidated and Standalone) of the Company for the quarter ended June 30, 202624 Jul 2026 · Company Update / Press Release / Media Release
Unaudited Financial Results (Consolidated and Standalone) of the Company for the quarter ended June 30, 202624 Jul 2026 · Result / Financial Results
Unaudited Financial Results (Consolidated and Standalone) of the Company for the quarter ended June 30, 202624 Jul 2026 · Board Meeting / Outcome of Board Meeting
The Company has informed exchange regarding allotment of 11,910 securities pursuant to ESOP22 Jul 2026 · Company Update / Allotment of ESOP / ESPS
Intimation of Conference call on Unaudited Financial Results of the Company for the quarter ended June 30, 2026.20 Jul 2026 · Company Update / Analyst / Investor Meet
Lodha Developers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/07/2026 ,inter alia, to consider and approve the Un-audited Financial Results ....20 Jul 2026 · Board Meeting / Board Meeting
Newspaper Publication regarding 31st Annual General Meeting to be held on Friday, August 14, 2026 is enclosed.11 Jul 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Reporting (BRSR) for the FY 2025-26 is enclosed.10 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
5th Integrated Report along with the Notice of 31st Annual General Meeting of the Company for the FY 2025-26 is enclosed.10 Jul 2026 · Others / Reg. 34 (1) Annual Report
Notice of 31st Annual General Meeting of the Company is enclosed.10 Jul 2026 · AGM/EGM / AGM
The Company has informed exchange regarding allotment of 22,798 securities pursuant to ESOP9 Jul 2026 · Company Update / Allotment of ESOP / ESPS
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2026 is enclosed.6 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Company Update4 Jul 2026 · Company Update / General
Clarification on news item appearing in Media/ Publication3 Jul 2026 · Others
Newspaper Advertisement of 31st Annual General Meeting of the Company scheduled to be held on August 14, 2026 through VC/OAVM1 Jul 2026 · Company Update / Newspaper Publication
The Record Date for eligibility of Dividend is August 7, 202630 Jun 2026 · Corp. Action / Record Date
31st Annual General Meeting of the Company is scheduled to be held on August 14, 202630 Jun 2026 · AGM/EGM / AGM
Allotment of 30,000 securities pursuant to Non-Convertible Debentures30 Jun 2026 · Company Update / Allotment of Equity Shares
Closure of Trading Window25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
The Company has informed exchange regarding allotment of 34,359 securities pursuant to ESOP25 Jun 2026 · Company Update / Allotment of ESOP / ESPS
The Company has informed exchange regarding allotment of 57,982 securities pursuant to ESOP15 Jun 2026 · Company Update / Allotment of ESOP / ESPS
Cessation of a Wholly Owned Subsidiary10 Jun 2026 · Company Update / Cessation
Result of the Postal Ballot along with Scrutinizer''s Report28 May 2026 · AGM/EGM / Postal Ballot
Result of the Postal Ballot along with Scrutinizer''s Report28 May 2026 · AGM/EGM / Postal Ballot
Please find enclosed the Annual Secretarial Compliance report for the financial year ended March 31, 202621 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 4.2500	7 Aug 2026	7 Aug 2026	—
Final Dividend - Rs. - 4.2500	22 Aug 2025	22 Aug 2025	—
Final Dividend - Rs. - 2.2500	16 Aug 2024	16 Aug 2024	—

Board meetings

24 Jul 2026 Board Meeting - Financial Results