Lodha Developers cash flow

Latest FY26

Cash from operations: ₹959cr−38.7% on FY25
Capital spending: ₹250cr−47.2% on FY25
Free cash flow: ₹709cr−35.0% on FY25
Cash from financing: ₹1,589cr−₹2,506 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	345	272	204	92.8
	—	789	707	1,064	1,389
	—	−214	−124	−82.9	−96.1
	—	−125	−74.9	−17.9	7.3
	—	74.5	73.5	71.3	76.6
	—	1.6	0.6	−0.9	103
	—	0.0	0.1	0.0	1,177
	—	−53.1	−147	80.8	−120
	—	0.0	0.0	0.0	−23.1
	—	175	−1,326	82.9	−204
	—	−1,134	−975	−1,913	45.1
	—	−2,329	236	1,007	50.4
	—	3.8	−18.7	0.0	5.4
Cash from operating activities
	5,609	4,362	3,557	2,041	458
	—	−2,465	−1,377	496	2,503
	—	1,897	2,180	2,536	2,961
	—	938	614	23.8	211
	—	959	1,566	2,512	2,750
Cash from investing activities
	—	250	474	170	90.4
	—	0.0	0.0	3.6	14.9
	—	239	252	777	0.0
	—	0.0	0.0	0.0	421
	—	958	696	104	−1,005
	—	167	124	65.8	80.4
	—	499	1,208	−1,965	348
	—	−780	−90.4	−2,947	1,778
Cash from financing activities
	—	0.0	81.2	3,274	10.0
	—	35.7	0.0	0.0	0.0
	—	0.9	1.2	0.0	0.0
	—	8,222	3,795	5,130	5,517
	—	5,419	5,415	6,499	8,056
	—	1.5	6.6	6.5	0.0
	—	—	—	0.0	0.6
	—	825	738	851	1,176
	—	424	224	96.4	0.0
	—	1,589	−2,506	951	−3,705
	—	1,768	−1,031	516	822
	—	1,768	−1,031	516	822
	—	—	—	1,827	1,311
Reference items
	6,238	4,921	3,988	2,676	2,066
	33.1%	29.5%	28.9%	25.9%	21.8%
	709	709	1,091	2,343	2,660
	—	2,688	−246	123	—
	₹7.10	₹7.10	₹10.93	₹23.45	₹26.63
	147.32×	—	—	—	—
	—	0.28×	0.57×	1.62×	5.62×
	—	938	614	23.8	211
	—	825	738	851	1,176

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

LODHA₹1,045.80

Lodha Developers Ltd.

· Real Estate

₹ CrorePeersDLF GODREJPROP OBEROIRLTY PHOENIXLTD PRESTIGE ABREL ANANTRAJ BRIGADEMcap ₹1.04L Cr

View

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	92.8	203.9	271.9	345.4	—
+ Finance Costs	1,389.0	1,064.0	707.2	789.2	—
+ Interest Income	-96.1	-82.9	-124.4	-213.7	—
+ Fair Value (Gains) / Losses	7.3	-17.9	-74.9	-124.6	—
+ Share-based Payments	76.6	71.3	73.5	74.5	—
+ Unrealised FX (Gain) / Loss	102.8	-0.9	0.6	1.6	—
+ Other Non-cash Items	1,177.4	0.0	0.1	0.0	—
+ Other — Cash Effects are Investing / Financing	-119.7	80.8	-147.0	-53.1	—
+ Other Reconciling Items	-23.1	0.0	0.0	0.0	—
Changes in Working Capital
+ Inventories	-204.5	82.9	-1,326.3	174.7	—
+ Trade Receivables — Current	45.1	-1,912.9	-974.9	-1,133.7	—
+ Trade Payables — Current	50.4	1,007.3	235.6	-2,329.4	—
+ Provisions — Current	5.4	0.0	-18.7	3.8	—
Cash from Operating Activities
Profit Before Tax (per I/S)	457.6	2,040.5	3,556.9	4,362.1	5,608.8
+ Total Adjustments (incl. Working Capital)	2,503.4	495.6	-1,377.3	-2,465.3	—
Cash from Operations (pre-tax)	2,961.0	2,536.1	2,179.6	1,896.8	—
+ Income Taxes Paid	211.0	23.8	614.0	937.5	—
Cash from Operating Activities	2,750.0	2,512.3	1,565.6	959.3	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	90.4	169.7	474.2	250.2	—
+ Disp of Fixed Assets	14.9	3.6	0.0	0.0	—
+ Acq of Other Long-term Assets	0.0	777.1	251.7	238.5	—
+ Disp of Other Long-term Assets	420.5	0.0	0.0	0.0	—
+ Loans & Advances Made	-1,004.6	104.2	696.4	957.9	—
+ Interest Received — Investing	80.4	65.8	123.5	167.3	—
+ Other Inflows / (Outflows) — Investing	347.7	-1,965.4	1,208.4	499.1	—
Cash from Investing Activities	1,777.8	-2,947.0	-90.4	-780.2	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	10.0	3,273.6	81.2	0.0	—
+ Proceeds from Other Equity Instruments	0.0	0.0	0.0	35.7	—
+ Proceeds from Exercise of Stock Options	0.0	0.0	1.2	0.9	—
+ Proceeds from Borrowings	5,516.7	5,129.8	3,795.0	8,222.3	—
+ Repayment of Borrowings	8,056.0	6,498.5	5,415.1	5,419.2	—
+ Payment of Lease Liabilities	0.0	6.5	6.6	1.5	—
+ Payment of Finance Lease Liabilities	0.6	0.0	—	—	—
+ Interest Paid	1,175.6	851.1	737.5	824.7	—
+ Dividends Paid	0.0	96.4	223.9	424.3	—
Cash from Financing Activities	-3,705.4	950.9	-2,505.7	1,589.2	—
Net Changes in Cash (pre-FX)	822.3	516.2	-1,030.5	1,768.3	—
Net Changes in Cash	822.3	516.2	-1,030.5	1,768.3	—
Closing Cash	1,310.8	1,827.0	—	—	—
Reference Items
EBITDA	2,066.1	2,675.7	3,988.0	4,920.9	6,238.4
EBITDA Margin %	21.82	25.94	28.94	29.51	33.09
Free Cash Flow (CFO − Capex)	2,659.6	2,342.6	1,091.4	709.1	709.1
Free Cash Flow to Equity	—	122.8	-245.6	2,687.9	—
Free Cash Flow per Basic Share	26.63	23.45	10.93	7.10	7.10
Price to Free Cash Flow	—	—	—	—	147.32
Cash Flow to Net Income	5.62	1.62	0.57	0.28	—
Cash Paid for Taxes	211.0	23.8	614.0	937.5	—
Cash Paid for Interest	1,175.6	851.1	737.5	824.7	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.