Lodha's Profit Jumps 2x in Q1FY27 as Revenues Climb and Debt Declines

Lodha's Profit Jumps 2x in Q1FY27 as Revenues Climb and Debt Declines​

Mumbai: Lodha Developers Limited reported strong financial performance for the quarter ended June 30, 2026. The company announced a best-ever quarterly profit after tax of ₹ 1,373 crores, which represents a twofold increase compared to the same period last year. Revenues for Q1FY27 reached ₹ 4,997 crores, showing a significant growth of 43%.

The company also demonstrated disciplined financial management, recording a reduction in net debt by ₹ 446 crores during the quarter. Net debt stands at ₹ 4,931 crores.

Key operational highlights for Lodha include:

• Presales for the quarter stood at ₹ 4,629 crores.
• Collections for the period were ₹ 4,205 crores, reflecting a growth of 46% year-over-year.

Strategic Growth and Market Positioning​

Mr. Abhishek Lodha, Managing Director of Lodha, commented on the results, stating that the company is pleased with its record profit in Q1FY27. He highlighted that the performance sets Lodha apart due to rising profitability and ROE, coupled with low leverage.

Mr. Lodha shared that Lodha is confident in growing profits at a 20% CAGR over the long term, citing strong structural housing demand and accelerating consolidation favoring tier-one brands like Lodha. The company currently holds a market share of 3.5% in its target segment and sees a medium to long-term runway for growth.

Focusing on institutional growth, Mr. Lodha noted the signing of a joint venture agreement with Digital Edge India, a leading global data center operator. This JV concerns the Green Data Center Park at Navi Mumbai (Palava), where land was sold for over ₹ 42 crores per acre during the quarter. He added that the Palava landholding has appreciated by more than 15 times over the last five years.

Lodha is actively pursuing the growth of its annuity business, expecting to increase annuity income by over 10x within six years, aiming for a figure exceeding ₹ 3,000 crore per annum across data centers, warehousing, industrial parks, and high-street retail. The company's net debt reduced to ₹ 4,931 crores, maintaining a Net Debt/Equity ratio of 0.2x against its ceiling of 0.5x. Furthermore, Lodha’s exit cost of debt for Q1FY27 remains stable at 7.8%, which is among the lowest in the industry.

The company possesses a robust project pipeline, with Gross Development Value (GDV) amounting to nearly ₹ 2,00,000 crores available for sale, excluding land banks designated for use beyond the next five years. Lodha views its DevCo business as capable of becoming net-debt free in the coming years.

Corporate Responsibility and Foundation Initiatives​

The Lodha Foundation expanded its efforts to support fundamental research during the quarter by launching the Lodha Theoretical Physics Institute alongside the EPQHS-10 international conference, which brought together over 120 researchers from more than 10 countries. The foundation also recognized Prof. Jainendra K. Jain, who was named the first Indian-origin physicist to receive the Wolf Prize.

Furthering its commitment to education, Lodha Genius organized its fourth summer program at Ashoka University and launched its first Science Circle and Summer Programme at IISER Pune, involving over 400 high-potential students across India. The foundation also piloted an innovative IoT-enabled concrete monitoring technology at a Mumbai project, generating real-time performance data.

Lodha Developers Limited is committed to becoming a net-zero carbon emissions company by 2050, building upon its current portfolio of over 130 million square feet under ongoing and planned development.

LODHA Stock Price Movement​

Lodha Developers Limited shares settled lower today, closing at ₹1144.1 after shedding 0.22% in post-market trading. The stock traded within an intraday range spanning from a low of ₹1124 to a high of ₹1166.3, with over 1.45 million shares transacted.