Lodha Developers Ltd has reported an impressive 42% rise in its consolidated net profit for the first quarter of FY26, reaching ₹675 crore compared to ₹475 crore in the same period last year. This robust growth is driven by strong housing demand and a record-breaking pre-sales performance, positioning Lodha for sustained expansion in the competitive real estate market.
Key Highlights of Lodha Developers Q1 FY26 Performance
| Metric | Q1 FY26 | Q1 FY25 | Growth (%) |
|---|---|---|---|
| Net Profit (₹ Crore) | 675 | 475 | +42% |
| Total Revenue (₹ Crore) | 3,625 | 2,918 | +24% |
| Pre-Sales (₹ Crore) | 4,450 | 4,000 | +10% |
| EBITDA (₹ Crore) | 1,200 | – (not specified) | +25% YoY (approx.) |
| EBITDA Margin (%) | 34.4 | – | Expansion |
| Net Debt/Equity Ratio | 0.24 | – | Maintained low |
| New Projects Added (GDV ₹ Cr) | 5 Projects (22,700) | – | Significant addition |
The company’s total income rose to ₹3,625 crore from ₹2,918 crore, marking a 24% year-on-year increase. Strong pre-sales of ₹4,450 crore—Lodha’s best-ever first quarter—demonstrate robust housing demand despite market uncertainties caused by geopolitical tensions in India-Pakistan relations earlier in the quarter.
Growth Drivers and Strategic Outlook
Abhishek Lodha, Managing Director and CEO, attributed the performance to several structural tailwinds, including:
- Low home-ownership levels stimulating demand
- Rising household incomes enhancing purchasing power
- Strong affordability fostered by low mortgage rates
- Increasing preference for high-quality homes from branded developers like Lodha
He emphasized that these factors underpin the company’s strategic goal to deliver a sustainable 20% topline growth in the foreseeable future.
Lodha Developers also expanded its project portfolio by adding five new developments across key regions like Mumbai Metropolitan Region, Pune, and Bengaluru with a combined gross development value (GDV) of ₹22,700 crore. This addition accounts for more than 90% of their FY26 business development guidance, demonstrating disciplined growth and strong pipeline visibility.
Financial Outlook for FY26
The company maintains optimistic guidance for FY26:
- Pre-sales are projected to increase 19% to ₹21,000 crore
- Operating cash flow is expected to rise 17% to ₹7,700 crore
- Net project additions anticipated at ₹25,000 crore
- Net debt-to-equity ratio expected to stay below 0.5x, ensuring financial stability
These forecasts underscore Lodha’s confidence in capitalizing on favorable market dynamics and continuing its growth momentum.
This stellar Q1 FY26 performance by Lodha Developers highlights strong market positioning, operational efficiency, and a forward-looking growth strategy anchored on evolving market demand for branded residential properties.