Lodha Developers logo

Lodha Developers share price

NSE: LODHABSE: 543287RealtyMid Cap

Formerly Macrotech Developers
Last close ₹963.00down ₹43.40 (4.31%)BSE ₹963.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,006.40.

52-week range of traded prices to 23 Oct 2026
₹650.80Low, 2 Apr 2026₹1,344.95High, 29 Jul 2026
Market cap
₹96,241 Cr118th largest listed
P/E
23.3
P/B
4.1
Dividend yield
0.44%
ROE
19.0%
ROCE
16.5%
Debt to equity
0.42
Volume, NSE
18,19,62249.8% delivered

Share price

Daily closes since Apr 2021, adjusted for splits and bonuses

−18.1%over a year

Results20-session average 16,77,483 shares a day, 53.3% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 24 Jul

Revenue
₹4,997 Crup 6.01%
Net profit
₹1,373 Crup 36.21%
Net margin
27.5%

Revenue by year

Peak revenue ₹16,676 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 28 OctDec 2024Filed 25 JanMar 2025Filed 12 JunJun 2025Filed 26 JulSep 2025Filed 30 OctDec 2025Filed 28 JanMar 2026Filed 24 AprJun 2026Filed 24 Jul
Revenue2,6264,0834,2243,4923,7994,6734,7144,997
Net profit4239459236757909581,0081,373
Net margin16.1%23.1%21.8%19.3%20.8%20.5%21.4%27.5%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, The Company is engaged in the business of real estate, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 1% of 1,175 trading days since Jan 2022.

LowestHighest
Its median42.1Industry median16.0
Price to book

At or below today's level on 18% of 1,131 trading days over the last 5 years.

LowestHighest
Its median5.6Industry median1.4
EV to EBITDA17.5

At or below today's level on 1% of 1,109 trading days since May 2022.

LowestHighest
Its median30.0Industry median16.7
Dividend yield

At or below today's level on 93% of 1,236 trading days over the last 5 years.

LowestHighest
Its median0.10%Industry median0.52%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−42.8%+23.7%−54.2%0.6%
3 years+13.7%+89.5%−40.2%0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2023.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters70.29%
  • Foreign institutions25.33%
  • Indian institutions2.55%
  • Individuals and others1.83%
Holder
Sambhavnath Trust (through its trustees Abhishek Lodha and Vinti Lodha)Promoter23.07%
Lodha Philanthropy FoundationPromoter18.01%
Hightown Constructions Private LimitedPromoter17.62%
Sambhavnath Infrabuild and Farms Private LimitedPromoter9.27%
New World Fund IncForeign portfolio investors, category I4.36%
Homecraft Developers and Farms Private LimitedPromoter2.24%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

120 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 50 of the 59 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 4 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
21
Bought again
25
Added
49
Cut
10
Held unchanged
11
Sold out
48
Fund
Mirae Asset Mutual Fund logoMirae Asset Large Cap FundMirae Asset Mutual Fund16,83,2870.54%₹191.1 Cr
SBI Mutual Fund logoSBI Arbitrage FundSBI Mutual Fund7,03,1250.17%₹79.8 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Realty ETFMotilal Oswal Mutual Fund3,39,38915.90%₹38.5 Cr
HDFC Mutual Fund logoHDFC Large & Mid Cap FundHDFC Mutual Fund3,00,0000.12%₹34.1 Cr
JM Financial Mutual Fund logoJM Flexi Cap FundJM Financial Mutual Fund3,00,0000.68%₹34.1 Cr
Axis Mutual Fund logoAxis Quant FundAxis Mutual Fund2,98,0004.40%₹33.8 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Midcap 150 Index FundMotilal Oswal Mutual Fund2,92,4950.83%₹33.2 Cr
Nippon India Mutual Fund logoNippon India ETF Nifty Midcap 150Nippon India Mutual Fund2,80,8720.83%₹31.9 Cr
HDFC Mutual Fund logoHDFC Nifty Realty Index FundHDFC Mutual Fund2,47,13715.90%₹28.1 Cr
Nippon India Mutual Fund logoNippon India Nifty Midcap 150 Index FundNippon India Mutual Fund1,96,7400.83%₹22.3 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Residential, Commercial Projects, 170 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Lodha Developers in market cap. 2 companies in its own group left out: one owns more than half of the other, directly or through a company it controls, or one owner more than half of both.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
DLF logoDLFDLF1,62,62835.63.6163.8−29.3%+6.6%10.3%1.8%1.22%
The Phoenix Mills logoThe Phoenix MillsPHOENIXLTD66,96852.36.126.3+17.7%+29.0%11.9%12.0%0.13%
Prestige Estates Projects logoPrestige Estates ProjectsPRESTIGE59,97952.73.719.8+67.5%+115.9%7.2%8.7%0.14%
Oberoi Realty logoOberoi RealtyOBEROIRLTY58,63822.33.116.7+16.6%+18.0%14.7%15.8%0.50%
Godrej Properties logoGodrej PropertiesGODREJPROP45,07928.22.4–+12.7%+8.1%8.8%−1.7%0.67%
Brigade Enterprises logoBrigade EnterprisesBRIGADE17,86625.72.614.5+4.8%−7.6%11.2%8.5%0.37%
Anant Raj logoAnant RajANANTRAJ16,56928.62.923.6+17.0%+25.7%11.6%9.8%0.22%
Sobha logoSobhaSOBHA12,55065.72.736.4+9.6%+28.5%4.1%3.5%0.51%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹4.25 a share, years to Mar 2025 and Mar 2026.
Ex-dateTypePer share
7 Aug 2026Final₹4.25
22 Aug 2025Final₹4.25
16 Aug 2024Final₹2.25
8 Sep 2023Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Lodha Developers share price by year

Each calendar year to 2025.Lodha Developers share price history

YearClose at year endChangeHighest closeLowest close
20251,061.30−23.6%1,516.001,055.25
20241,389.40+35.7%1,594.801,003.95
20231,023.55+87.7%1,023.55359.80
2022545.43−11.6%686.15425.65
2021616.78–745.20232.63
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 19 Apr 2021.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,003.101,003.10941.00963.00961.4418,19,62249.8%
22 Oct 20261,005.001,015.00992.101,006.401,003.329,17,62551.9%
21 Oct 20261,040.001,047.401,005.601,015.001,024.0912,50,63750.4%
19 Oct 20261,067.001,067.601,027.701,030.001,041.158,05,99249.5%
16 Oct 20261,059.501,064.201,045.101,058.701,056.6512,71,20359.5%
15 Oct 20261,056.001,071.001,037.501,061.801,058.6614,87,44958.1%
14 Oct 20261,085.001,095.901,057.001,059.601,072.1811,87,94951.5%
13 Oct 20261,073.001,092.001,068.001,091.501,081.049,04,17256.6%
12 Oct 20261,072.301,094.001,067.401,069.701,082.438,71,31247.8%
9 Oct 20261,067.701,076.201,051.201,064.801,062.2611,20,85744.0%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
31 May 2023Bonus0.5000Holders received 1 bonus share for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

About Lodha Developers

Lodha Developers Limited is a real estate developer with its registered office in Mumbai. It develops and sells homes in the luxury, premium and mid-income segments, and it also builds commercial assets that earn rental income. It was incorporated in 1995.

The company is organised into three parts. DevCo is engaged in the development and sale of residential properties and is the core housing business. RentCo develops and manages income-generating assets: industrial parks, retail, office spaces and powered-shell data centres. LandCo holds and manages surplus land in the Extended Eastern Suburbs of the Mumbai Metropolitan Region.

Its operations span nearly 40 locations across three of India's largest real estate markets: the Mumbai Metropolitan Region, Pune and Bengaluru. Residential development remains its core focus. It also builds annuity income streams through select retail and office leasing, industrial and warehousing assets, and a data centre park at Palava. It has 5,783 permanent employees. It cites more than 40 years of specialised high-end luxury real estate design and engineering expertise.

Two wholly owned subsidiaries, One Place Commercials Private Limited and Palava City Management Private Limited, were merged into the company under a scheme effective from May 2025. The company has also filed a scheme with the National Company Law Tribunal to absorb two of its listed subsidiaries, National Standard (India) Limited and Roselabs Finance Limited.

Legal name
Lodha Developers Limited
NSE symbol
LODHA
BSE code
543287
ISIN
INE670K01029
Industry
Realty
Listed
Apr 2021
Face value
₹10
CIN
L45200MH1995PLC093041
Corporate identity number, the registrar of companies' code for it