Q1 FY27 Results
30 Jul 2026
Strong pre-sales growth led by Mumbai projects. Collections grew 32% YoY; margins remained healthy.
Source: NSE
Lodha Developers Ltd.
ConnectedNSE: LODHA | BSE: 543287
Real EstateLarge Cap
Share price
₹ 1,109.40Source: NSE
Market cap
₹ 1,10,840 CrSource: NSE
P/E (TTM)
27.6xSource: NSE
Last refreshed
1 Sep 2026, 09:12 AMNews & updates
31 Aug 2026Lodha Developers Ltd. posts 23% YoY jump in Q1 FY27 pre-sales to ₹1,725 Cr
28 Aug 2026Acquires land parcel in Thane for future development
26 Aug 2026Receives occupancy certificate for three projects in Mumbai
21 Aug 2026Announces interim dividend of ₹3 per share
14 Aug 2026Launches luxury residential project ‘The Alibaug Collection’
Insights from sources
FY27 pre-sales guidance reiterated at ₹21,000 Cr (sample)
Data point · Lodha_Q1FY27_Earnings_Call.pdf · 25 Jul 2026
Bengaluru launches planned for H2 FY27 to diversify beyond MMR
Insight · Lodha_Q1FY27_Earnings_Call.pdf · 25 Jul 2026
Quarterly results · last 12 quarters
Revenue (Net Sales) (₹ Cr) · latest quarter first
| 4,997 | 3,305.91 | 3,308.71 | 3,023.76 | 3,193.05 | 2,979.06 | 2,932.13 | 2,653.89 | 2,658.36 | 2,499.13 | 2,508.35 | 2,412.53 |
| Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 |
Latest quarter highlighted. Earlier quarters are indicative prototype history.
Business performance
| Particulars | Q1 FY27 (Current) | Q4 FY26 (Previous) | YoY % | QoQ % | Trend |
|---|---|---|---|---|---|
| Pre-sales value (₹ Cr) | 1,725 | 1,480 | +23.0% | +16.6% | |
| Pre-sales volume (msf) | 1.6 | 1.3 | +33.3% | +23.1% | |
| Collections (₹ Cr) | 980 | 860 | +32.1% | +14.0% | |
| Average realisation (₹ / sq ft) | 24,150 | 23,480 | +10.7% | +2.9% | |
| Revenue segmentation | Share of total revenue | ||||
| ↳ Residential | 92.2% | 91.6% | +2.8 pp | ||
| ↳ Commercial | 6.1% | 6.7% | -2.3 pp | ||
| ↳ Annuity / Hospitality | 1.7% | 1.7% | -0.5 pp | ||
Projects & pipeline
₹ 13,600 Cr
New launches GDV (Q1 FY27)
▲ 24% YoY
₹ 58,200 Cr
Forward pipeline value
Mumbai · Thane · Pune · Bengaluru
Key markets
| Project / Launch name | City / Market | Type | GDV / Value (₹ Cr) | Status |
|---|---|---|---|---|
| Garden City | Thane | Residential | 4,800 | Launched |
| Sky City — Phase 2 | Mumbai | Residential | 3,950 | Upcoming |
| Alibaug | Alibaug | Residential | 2,700 | Upcoming |
| Bengaluru | Bengaluru | Mixed Use | 2,150 | Upcoming |
| Commerce Square | Mumbai | Commercial | 1,800 | Upcoming |
AI summarised reports
Q4 FY26 Results
28 Apr 2026
Management discussed demand momentum, new launch pipeline, and margin outlook.
Source: NSE
Investor Presentation
15 Feb 2026
Strategic focus on MMR, Pune and Bengaluru with disciplined capital allocation.
Source: NSE
Shareholding pattern (Jun 2026)
Jun 2026
Promoters61.2%-0.3%
FIIs18.7%+1.2%
DIIs11.5%+0.4%
Public8.6%-1.3%
Pros & cons
Pros
- ●Strong brand and execution track record
- ●Robust pre-sales and collections growth
- ●Focus on premium residential developments
- ●Healthy balance sheet with low net debt
- ●Presence in high-demand micro-markets
Cons
- ●High concentration in MMR region
- ●Premium segment exposure
- ●Land acquisition costs remain elevated
- ●Execution and regulatory risks
- ●Limited diversification across geographies