Lodha Developers Reports Record Pre-Sales of ₹58.9 Billion in Q4FY26

Lodha Developers Limited, formerly known as Macrotech Developers Limited, reported strong operational performance for the quarter ended March 31, 2026. 

The company achieved its highest-ever quarterly pre-sales during Q4FY26, supported by continued demand in key real estate markets. For the full financial year FY26, Lodha Developers also recorded steady growth in both pre-sales and collections.

Record Pre-Sales Performance

During Q4FY26, the company recorded pre-sales of ₹58.9 billion, reflecting a growth of 23% compared to the same quarter in the previous year. This marked the highest quarterly pre-sales performance in the company’s history. For the entire financial year FY26, pre-sales reached ₹205.3 billion, representing a 16% year-on-year increase.

The company noted that some sales were deferred in March due to geopolitical developments linked to the Iran war, resulting in pre-sales being ₹4.7 billion below its earlier guidance.

Collections See Strong Recovery

Collections during the quarter stood at ₹52.3 billion, registering an 18% year-on-year increase. The improvement was largely driven by the ramp-up in construction activity across projects. On a quarter-on-quarter basis, collections also rose sharply as project execution accelerated.

For the full financial year FY26, Lodha Developers recorded collections of ₹151.6 billion, representing a 5% increase compared to the previous year.

Expansion Through New Projects

The company continued to strengthen its development pipeline during the year. In Q4FY26, Lodha Developers added one project in the Mumbai Metropolitan Region (MMR) with a gross development value (GDV) of ₹13 billion.

During FY26, the company added twelve projects across major markets including MMR, Pune, Bengaluru and the National Capital Region (NCR). These additions collectively represent a GDV of ~₹600 billion, which is around 2.4 times the company’s annual guidance.

Improvement in Financial Position

Lodha Developers also reported a reduction in net debt during the quarter. Net debt declined by ₹8 billion to ₹53.7 billion due to strong collections. Despite increased investments in business development during FY26, the company maintained a net debt-to-equity ratio of 0.23x, significantly below its internal ceiling of 0.5x.

Lodha Developers Share Price Today

On April 7, 2026, Lodha Developers share price opened at ₹710.00, touching the day’s high at ₹723.90, as of 11:03 AM on the NSE.

Also Read: Lodha Developers Signs ₹364.80 Crore Joint Development Agreement in Mumbai!

Conclusion

Lodha Developers’ strong pre-sales growth, improving collections and disciplined financial management highlight its robust operational performance in FY26. With a large project pipeline and ~₹2 trillion worth of inventory available for sale, the company expects to gradually reduce business development investments and increase free cash flow over the next two years. The figures reported are provisional and subject to review.

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