| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 4,997 | 3,492 | +43.1% |
| EBITDA | 1,922 | 984 | +95.3% |
| EBITDA margin | 38.5% | 28.2% | +10.3 pts |
| Profit before tax | 1,774 | 904 | +96.3% |
| Net profit | 1,373 | 675 | +103.4% |
| EPS | ₹13.73 | ₹6.76 | +103.1% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 1,00,599 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 3,233 | 3,233 | 1,691 | 3,834 | 1,345 | ||
| 143 | 143 | 67.0 | 64.7 | 59.6 | ||
| 9,884 | 9,884 | 7,080 | 7,680 | 9,049 | ||
| 1,07,393 | — | — | — | — | ||
| 18,181 | 16,676 | 13,780 | 10,316 | 9,470 | ||
| — | +21.0% | +33.6% | +8.9% | — | ||
| 5,859 | 4,921 | 3,988 | 2,676 | 2,066 | ||
| 32.2% | 29.5% | 28.9% | 25.9% | 21.8% | ||
| 5,510 | 4,576 | 3,716 | 2,472 | 1,973 | ||
| 4,129 | 3,431 | 2,767 | 1,554 | 489 | ||
| 22.7% | 20.6% | 20.1% | 15.1% | 5.2% | ||
| ₹41.30 | ₹34.32 | ₹27.67 | ₹15.51 | ₹4.87 | ||
| — | +24.0% | +78.4% | +218.3% | — | ||
| — | 959 | 1,566 | 2,512 | 2,750 | ||
| — | −250 | −474 | −170 | −90.4 | ||
| 709 | 709 | 1,091 | 2,343 | 2,660 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,00,599.2 | |
| - Cash, Equiv & ST Investments | 1,345.4 | 3,834.4 | 1,690.6 | 3,232.9 | 3,232.9 | |
| + Minority Interest | 59.6 | 64.7 | 67.0 | 143.0 | 143.0 | |
| + Total Debt | 9,048.6 | 7,679.9 | 7,080.4 | 9,883.9 | 9,883.9 | |
| Enterprise Value | — | — | — | — | 1,07,393.2 | |
| Revenue | 9,470.4 | 10,316.1 | 13,779.5 | 16,676.2 | 18,181.2 | |
| Growth %, YoY | — | +8.9 | +33.6 | +21.0 | — | |
| EBITDA | 2,066.1 | 2,675.7 | 3,988.0 | 4,920.9 | 5,858.9 | |
| Margin % | 21.82 | 25.94 | 28.94 | 29.51 | 32.23 | |
| EBIT | 1,973.3 | 2,471.8 | 3,716.1 | 4,575.5 | 5,510.2 | |
| Net Income | 489.4 | 1,554.2 | 2,766.6 | 3,430.7 | 4,128.7 | |
| Margin % | 5.17 | 15.07 | 20.08 | 20.57 | 22.71 | |
| EPS, Adj (current shares) | 4.87 | 15.51 | 27.67 | 34.32 | 41.30 | |
| Growth %, YoY | — | +218.3 | +78.4 | +24.0 | — | |
| Cash from Operations | 2,750.0 | 2,512.3 | 1,565.6 | 959.3 | — | |
| Capital Expenditures | -90.4 | -169.7 | -474.2 | -250.2 | — | |
| Free Cash Flow | 2,659.6 | 2,342.6 | 1,091.4 | 709.1 | 709.1 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Lodha Developers (NSE: LODHA) had a market capitalisation of ₹1,04,486 crore at the 29 October 2026 close (₹1,045.80 a share), a PE ratio of 25.3 on the last four quarters' profit and a price-to-book ratio of 4.49. In FY26 its consolidated net profit attributable to shareholders was ₹3,428 crore on revenue of ₹16,676 crore; in Q1 FY27 (April–June 2026) it was ₹1,372 crore, up 103.4% year on year. Its debt-to-equity ratio was 0.42 on 31 March 2026. Promoters held 70.29% of the shares on 30 September 2026.
Lodha Developers' PE ratio is 25.3 at the 29 October 2026 close (₹1,045.80 a share): a market capitalisation of ₹1,04,486 crore divided by consolidated net profit attributable to shareholders of ₹4,126 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹3,428 crore) it is 30.5.
Lodha Developers' price-to-book (PB) ratio is 4.49 at the 29 October 2026 close: a market capitalisation of ₹1,04,486 crore divided by shareholders' equity (book value) of ₹23,286 crore on 31 March 2026. That is a book value of ₹233.07 per share against a share price of ₹1,045.80.
In FY26, Lodha Developers' return on equity (ROE) was 15.8% and its return on capital employed (ROCE) was 18.4%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 14.7% and ROCE 17.8%.
Lodha Developers' market capitalisation was ₹1,04,486 crore (₹1.04 lakh crore) at the 29 October 2026 close: 99.91 crore shares at ₹1,045.80 each.
Lodha Developers' basic earnings per share (EPS) were ₹34.34 in FY26, against ₹27.76 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹41.31.
In 2026, Lodha Developers has declared one dividend: ₹4.25 with record date 7 August 2026.
No. Lodha Developers had borrowings of ₹9,884 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.42. Its cash and current investments were ₹4,116 crore, so its net debt was ₹5,768 crore.
Lodha Developers' debt-to-equity ratio was 0.42 on 31 March 2026: borrowings of ₹9,884 crore against total equity of ₹23,429 crore. A year earlier, on 31 March 2025, it was 0.35.
Lodha Developers' dividend yield is 0.41% at the 29 October 2026 close: dividends of ₹4.25 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,045.80. They were ₹4.25 on 7 August 2026.
Lodha Developers' net worth — shareholders' equity in its consolidated balance sheet — was ₹23,286 crore on 31 March 2026, up 15.4% from ₹20,178 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,04,486 crore at the 29 October 2026 close.
Lodha Developers' book value per share was ₹233.07 on 31 March 2026: shareholders' equity of ₹23,286 crore divided by the 99.91 crore shares in issue, up 15.2% from ₹202.26 a year earlier. The share price at the 29 October 2026 close was ₹1,045.80.
Lodha Developers' latest results are for Q1 FY27 (April–June 2026), filed on 24 July 2026: consolidated net profit attributable to shareholders ₹1,372 crore, up 103.4% from ₹675 crore in Q1 FY26; revenue from operations ₹4,997 crore, up 43.1% year on year.
Promoters held 70.29% of Lodha Developers on 30 September 2026, down 0.02 percentage points from 70.31% the previous quarter and down 1.58 percentage points from 71.87% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Lodha Developers generated ₹959 crore of cash from operations and spent ₹250 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹709 crore. In FY25 it was ₹1,091 crore.
In FY26 (April 2025–March 2026), Lodha Developers' consolidated net profit attributable to shareholders was ₹3,428 crore, up 24.0% from ₹2,764 crore in FY25, on revenue from operations of ₹16,676 crore (up 21.0%). Over three years, from FY23, net profit was up 604.5%.
On 30 September 2026, Lodha Developers' shares were held by promoters 70.29%, foreign portfolio investors (FII/FPI) 25.33%, domestic institutions (DII) 2.55% (including mutual funds at 0.73%) and retail and other non-institutional investors 1.83%. Over the year, FII holding was up 1.22 percentage points from 24.11% and DII holding was down 0.18 percentage points from 2.73%.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Lodha Developers' PE ratio is 30.5, the second highest of the four: DLF 38.9, Godrej Properties 0.9 and Oberoi Realty 23.8, a peer average of 21.2. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Lodha Developers earned net profit attributable to shareholders of ₹3,428 crore on revenue of ₹16,676 crore, against ₹4,415 crore on ₹8,194 crore for DLF. Lodha Developers' operating margin was 27.4% (DLF 15.9%) and its return on equity 15.8% (DLF 10.0%). At the 29 October 2026 close, Lodha Developers' market capitalisation was ₹1,04,486 crore against ₹1,71,872 crore for DLF, and its PE ratio on FY26 profit 30.5 against 38.9.
Lodha Developers will announce its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against DLF, Godrej Properties and Oberoi Realty: Lodha Developers' operating margin of 27.4% is the second highest of the four (DLF 15.9%, Godrej Properties −10.4%, Oberoi Realty 53.7%; peer average 19.8%); its return on equity of 15.8% is the highest of the four (DLF 10.0%, Godrej Properties 10.2%, Oberoi Realty 14.9%; peer average 11.7%); its revenue growth over three years of 20.8% a year is the second highest of the four (DLF 12.9% a year, Godrej Properties 31.6% a year, Oberoi Realty 12.8% a year; peer average 19.1% a year).
From Lodha Developers' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.