&w=3840&q=100)
Lodha Developers' share price rises 4%; is it right time to buy the stock?
Why were Lodha Developers shares buzzing in trade?
Lodha Developers, formerly known as Macrotech Developers Limited, stock gained momentum after the earnings call held on Monday, after market hours. This call was to discuss the Q1 earnings released on Saturday, July 26, 2025.
In Q1FY26, Lodha Developers' profit (attributable to owners of the company) grew 42 per cent year-on-year (Y-o-Y), to ₹674.7 crore. Its revenue (from operations) increased by 22.66 per cent Y-o-Y, to ₹3,491.7 crore.
The company's adjusted earnings before interest, taxes, depreciation, and amortisation (Ebitda) for the quarter stood at ₹1,200 crore, up 25 per cent YoY. Meanwhile, its Ebitda margin stood at 34.4 per cent.
Lodha Developers con-call highlights
The overall urban slowdown has not impacted residential demand as is evident from a strong bookings run-rate of ₹270 crore in a non-launch week – a key metric the company tracks to measure the strength of demand.
The run-rate is up meaningfully compared to last year and will soon reach ₹300 crore by end of FY26. While there is some slowdown in IT, the Global Capability Centres (GCCs) employment is only growing.
The company expects 55 per cent of annual bookings guidance to be achieved in H2, given the strong launch pipeline planned for the last 2 quarters.
Since entering Bengaluru (FY24), the company has achieved cumulative bookings of ₹19,000 crore, and it now has five projects in the city. ALSO READ |
Brokerages' view on Lodha Developers
Nomura maintained 'Buy' with a target of ₹1,450 per share, as the brokerage believes the company can make up for the slower growth in Q1FY26 in the rest of the year, led by sales from its large inventory and new project launches.
The brokerage is upbeat on Lodha, on the back of its robust business model that drives sales through deep penetration within micro markets, strong collections aiding operating cash flow (OCF) generation at a 15 per cent compound annual growth rate (CAGR), which should enable Lodha exceed its business development goals for future growth, while maintaining a low net debt/equity position.
ICICI Securities has upgraded its rating to 'Add' from 'Hold' with an unchanged target of ₹1,284, based on a 40 per cent premium to FY25 net asset value (NAV) of ₹917. The brokerage finds Lodha Developers' stock attractive as it has corrected 8 per cent over the last three months.
JM Financial Institutional Securities maintained 'Buy' with a target of ₹ 1,480 per share. JM Financial sees Lodha well placed to withstand temporary headwinds given its well-diversified and growing presence in three of the top five markets in India.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
2 minutes ago
- India.com
This company hits upper circuit after Q1 results 2025
1 लाख के निवेश पर 10 लाख का फायदा Shares of IT company Blue Cloud Softech Solutions are in action today as they hit a 5 per cent upper circuit on Monday, August 18, 2025 as soon as the market opened for trading. The action in stock comes amid a spurt in trading voluem. According to BSE Analytics, around 13.86 lakh equity shares of the company changed hands on the stock exchanges as compared to the two-week average quantity of 7.96 lakh shares. Technically, the counter trades higher than the 5-day, 20-day, 50-day and 100-day moving averages but lower than the 200-day moving averages. The 52-week high of the stock is Rs 118.43 and the 52-week low is Rs 14.95. The market cap of the company is Rs 1,462.42 crore. Q1 FY26 Results Key Highlights – Consolidated Profit After Tax (PAT) up 37 per cent YoY (year-on-year) at Rs 14.4 crore against Rs 10.5 crore in the same quarter a year ago. – Profit Before Tax (PBT) surges 33 per cent YoY. – However, the company's income from operations stood at Rs 206.19 crore against Rs 231.4 crore in Q1 FY25. – The standalone net profit stood at Rs 13.29 crore in Q1FY26, registering a growth of 71.7 per cent from Rs 7.74 crore in the year-ago quarter. – Operational efficiency at peak – Margins expanding sharply. – Singapore subsidiary ready to open global growth gates. – Despite a slight dip in revenues, profits are at all-time highs. Meanwhile, benchmark indices Sensex and Nifty opened gap up in early trade on Monday, buoyed by plans for big bang reforms in the GST regime by Diwali. The 30-share BSE Sensex jumped 1,021.93 points to 81,619.59 in early trade. The 50-share NSE Nifty surged 322.2 points to 24,953.50. From the Sensex firms, Maruti, Bajaj Finance, Mahindra & Mahindra, UltraTech Cement, Trent and Bajaj Finserv were among the major gainers. (This article is for informational purposes only and should not be construed as investment, financial, or other advice.)
Mint
2 minutes ago
- Mint
Shreeji Shipping Global IPO opens tomorrow: From price band to GMP - here are 10 things to know
Shreeji Shipping Global is all set to launch its ₹ 400 crore initial public offering (IPO) on August 19. The upcoming mainboard segment IPO will remain for subscription till August 21. Around 50 per cent of the issue has been allocated to Qualified Institutional Buyers (QIBs), 35 per cent has been booked for retail investors, and the remaining 15 per cent for Non-Institutional Investors (NIIs). Shreeji Shipping intends to utilize ₹ 251.2 crore for purchasing Supramax dry bulk carriers from the secondary market to expand its fleet and enhance operational capacity. Additionally, ₹ 23 crore has been set aside for debt repayment to strengthen its balance sheet, while the rest will go toward general corporate purposes. For the financial year ending March 31, 2025, the company reported revenue of ₹ 610 crore, marking a 17% drop from ₹ 736.17 crore in FY24. However, profitability showed improvement, with Profit After Tax (PAT) climbing 13.4% year-on-year to ₹ 141 crore in FY25 from ₹ 124 crore in FY24. EBITDA also inched up by 1.4% to ₹ 200 crore compared to ₹ 197.89 crore in FY24, highlighting improved efficiency and margins despite the decline in revenue. Shreeji Shipping Global IPO date: The upcoming mainboard IPO will open on August 19 and close on August 21. Shreeji Shipping Global IPO price band: The price band of the IPO has been set at ₹ 240 to ₹ 252 apiece. Shreeji Shipping Global IPO size: The IPO is a book-built issue valued at ₹ 410.71 crore. The offering comprises solely a fresh issue of 1.63 crore shares, amounting to ₹ 410.71 crore. Shreeji Shipping Global IPO lot size: The lot size for an application is 58. The minimum amount of investment required by an retail is ₹ 13,920. Shreeji Shipping Global IPO promoters: The promoters of the company are Ashokkumar Haridas Laland Jitendra Haridas Lal. Shreeji Shipping Global IPO lead managers: Beeline Capital Advisors is the book running lead manager. Shreeji Shipping Global IPO registrar: Bigshare Services is the registrar of the issue. Shreeji Shipping Global IPO allotment date: The allotment for the Shreeji Shipping Global IPO is expected to be finalized on Aug 22. Shreeji Shipping Global IPO listing date: The IPO will list on BSE, NSE with a tentative listing date fixed as Aug 26. Shreeji Shipping Global IPO GMP today: The shares of Shreeji Shopping Global IPO is currently trading at a premium of ₹ 25 in the grey market. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
&w=3840&q=100)
Business Standard
2 minutes ago
- Business Standard
Lemon Tree Hotels rallies 7% on heavy volumes, nears 52-wk high; here's why
Lemon Tree Hotels share price today Shares of Lemon Tree Hotels rallied 7 per cent to ₹155 on the BSE in Monday's intra-day trade amid heavy volumes after the company's subsidiary Fleur Hotels was declared a successful bidder vide Letter of Award in an e-auction conducted by Delhi Development Authority (DDA) with respect to allotment of land at Nehru Place, New Delhi. The stock was trading close to its 52-week high of ₹162.25 touched on January 2, 2025. At 02:37 PM; Lemon Tree Hotels was quoting 5.5 per cent higher at ₹153.20, as compared to 0.97 per cent rise in the BSE Sensex. The average trading volumes at the counter jumped over three-fold. A combined 6.18 million shares representing 0.78 per cent of total equity of the company changed hands on the NSE and BSE. What's driving Lemon Tree Hotels today? On August 14, 2025, Lemon Tree Hotels in an exchange filing announced that its material subsidiary Fleur Hotels Limited has been declared as the successful bidder in e-auction conducted by Delhi Development Authority (DDA) in respect of prime land parcel admeasuring 2.2 acres in the heart of National Capital located at Nehru Place for development and operations of a 5 Star Hotel. It is set to be a 500+ Key hotel and will be in close proximity to Delhi's top tourist spots and is also situated close to the centre of New Delhi city. The hotel is set to be designed on the lines of 'Aurika SkyCity-Mumbai' with elegant rooms, dining and expansive banquet areas. The said Hotel shall be developed as 'Aurika, Nehru Place', which will mark the debut of Lemon Tree Hotels upper upscale brand in the National Capital Region (NCR), the company said. Brokerages view on Lemon Tree Hotels Aurika is a premium brand of Lemon Tree Hotels which commands superior ARR and positions itself in the upper upscale segment and reports highest EBITDA margins in the portfolio, Currently, the company has Aurika SkyCity which is a 650-room hotel located in Mumbai while it has 2 Aurika hotels (Shimla and Shillong) in the pipeline. Shimla is in an advanced stage while Shillong is expected to come up in 2-3 years, ICICI Securities said. With the addition of Aurika, Nehru Place, Lemon Tree Hotel's expansion in the upper upscale segment increases its potential to further expand its revenue and margin profile by improving the premium mix of the portfolio in the long run, the brokerage firm said in a note. According to IDBI Capital, the management anticipates continued growth in demand, driven by the addition of approximately 1,800 planes in India and improving connectivity through Vande Bharat trains, growing airports, and ambitious highway construction. Lemon Tree Hotels aims to complete renovations for the entire portfolio of owned hotels by FY27, with about 65-70 per cent of 4,300 rooms already completed in the last two and a half years. The company is confident of achieving accelerated growth across its entire portfolio, including owned, leased, managed, and franchised properties, the brokerage firm said. It maintains BUY rating on the stock with a revised target price of ₹177, assigning 17x EV/EBITDA to FY27E. About Lemon Tree Hotels Lemon Tree Hotels is one of India's leading hospitality companies, catering to a wide range of customers – from value-conscious travellers to premium business and leisure seekers. With seven distinct brands – Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox, Keys Prima, Keys Select, and Keys Lite – the group offers experiences across upper upscale, upscale, upper midscale, midscale, leisure, wildlife, and spiritual segments.
