Lodha Developers Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Strong return on equity (ROE 15.5%)
- Efficient capital deployment (ROCE 16.4%)
- Attractively valued vs sector (P/E 23.3x vs industry 46.6x)
- Low debt relative to equity (D/E 0.4x)
Concerns
Today's Price Action
The stock closed at ₹1,007.1, unchanged from the previous session. Trading volume was 6,75,332 shares, exactly equal to the 20‑day average, indicating that today’s activity was in line with the recent liquidity pattern.
Valuation Snapshot
Lodha Developers reports a trailing P/E of 23.3, while the broader realty sector does not have a published average P/E, making a direct relative valuation difficult. The company’s ROE stands at 15.5%, reflecting a moderate return on equity relative to historical Indian real estate peers.
Key Levels to Watch
The current price sits roughly midway between the 52‑week low of ₹651 and the high of ₹1,345, leaving roughly ₹338 of upside to the top and about ₹357 of downside to the low. Open‑interest‑driven resistance and support zones, commonly observed around the prior month’s high‑volume clusters, lie near ₹1,050 and ₹960 respectively.
Chart Pattern
On the daily chart, a bearish Marubozu candle formed ten trading days ago. This single‑day candlestick exhibits a long body with little to no upper or lower shadows, denoting a closed‑range session where the opening price persisted as the high and the closing price as the low.
Data Summary
Key metrics for Lodha Developers include a market‑capitalisation‑neutral listing, a P/B ratio of 0, and a 52‑week range of ₹651‑₹1,345. Volume consistency with the 20‑day average and a flat price movement underscore a period of equilibrium in the stock’s recent trading dynamics.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| DLF DLF Limited | ₹666 | ₹1.6L Cr | 35.4 | 3.62 | 9.5 | 6.32 | 0.01 |
| PHOENIXLTD The Phoenix Mills Limited | ₹1,899 | ₹67K Cr | 51.6 | 6.19 | 11 | 12.4 | 0.46 |
| PRESTIGE Prestige Estates Projects Limited | ₹1,392 | ₹60K Cr | 52.7 | 3.68 | 7.53 | 10.4 | 0.92 |
| OBEROIRLTY Oberoi Realty Limited | ₹1,601 | ₹59K Cr | 22.1 | 3.05 | 14.6 | 17.3 | 0.14 |
| GODREJPROP Godrej Properties Limited | ₹1,587 | ₹45K Cr | 33 | 2.47 | 8.82 | 7.63 | 1.03 |
| BRIGADE Brigade Enterprises Limited | ₹— | ₹18K Cr | 26.2 | 2.33 | 10.5 | 10.5 | 0.84 |
| ANANTRAJ Anant Raj Limited | ₹— | ₹17K Cr | 28.6 | 3.35 | 11.2 | 12.1 | 0.12 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
LODHA · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 74.92% | 72.16% | 72.13% | 72.11% | 71.98% | 71.94% |
| FII | 21.09% | 23.79% | 24.18% | 24.20% | 24.45% | 24.64% |
| DII | 3.21% | 3.32% | 2.96% | 2.78% | 2.63% | 2.36% |
| Public | 0.78% | 0.73% | 0.72% | 0.91% | 0.92% | 1.04% |
Corporate Events
To consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026
Dividend - Rs 4.25 Per Share
To consider and approve the financial results for the period ended Jun 30, 2026
Dividend - Rs 4.25 Per Share
Dividend - Rs 2.25 Per Share
Dividend - Re 1 Per Share
Annual General Meeting
Bonus 1:1
Latest News
All newsLodha Developers to host investor meet for analysts.
*Lodha Developers to host investor meet for analysts.* The company has announced a schedule for its analyst and institutional investor meet. Such events are routine for investor communication and updates on business strategy. No financial figures or major announcements were disclosed. 📊 *STOCKS:* $LODHA | 🏢 *SECTOR:* Realty | #LOWIMPACT #InvestorMeet
Lodha Developers calls meeting for equity shareholders and secured creditors
*Lodha Developers calls meeting for equity shareholders and secured creditors.* The notice pertains to a convened meeting of stakeholders as per regulatory requirements. No financial figures or material decisions are disclosed in this filing. It is a procedural update. 📊 *STOCKS:* $LODHA | 🏢 *SECTOR:* Realty | #LOWIMPACT #CorporateMeeting
Lemon Tree Hotels announces 34th AGM details
*Lemon Tree Hotels announces 34th AGM details*. The company has dispatched the notice for its **34th Annual General Meeting** with the web-link to the **Integrated Annual Report for FY 2025-26**. This is a routine corporate disclosure with no immediate financial or operational implications. Shareholders are advised to review the report ahead of the meeting. 📊 *STOCKS:* $LODHA | 🏢 *SECTOR:* Realty | #LOWIMPACT #AGM
Lodha Developers allots 44,715 shares via ESOP.
*Lodha Developers allots 44,715 shares via ESOP.* The allotment is part of employee benefit initiatives. No immediate financial impact expected. Volume change is minimal relative to outstanding shares. 📊 *STOCKS:* LODHA | 🏢 *SECTOR:* Realty | #LOWIMPACT #ESOP
Lodha Developers allots 22,798 shares under ESOP
*Lodha Developers allots 22,798 shares under ESOP.* The allotment is part of employee stock ownership plans. No immediate financial impact is expected. 📊 *STOCKS:* LODHA | 🏢 *SECTOR:* Realty | #LOWIMPACT #ESOP
Lodha Developers publishes statutory newspaper notice
*Lodha Developers publishes statutory newspaper notice* The company has issued a copy of a newspaper publication as part of regulatory compliance. **August 14, 2026** is noted as the date of publication via VC/OAVM. This is a routine disclosure with no immediate financial implications. 📊 *STOCKS:* LODHA | 🏢 *SECTOR:* Realty | #LOWIMPACT #Regulation
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.7K Cr 0.9% | ₹4.7K Cr 23.0% | ₹3.8K Cr 8.8% | ₹3.5K Cr 17.3% | ₹4.2K Cr 3.5% | ₹4.1K Cr 55.5% | ₹2.6K Cr 7.7% | ₹2.8K Cr |
| Op. Profit | ₹1.4K Cr 0.1% | ₹1.4K Cr 27.7% | ₹1.1K Cr 12.6% | ₹984 Cr 19.3% | ₹1.2K Cr 6.6% | ₹1.3K Cr 85.5% | ₹704 Cr 6.9% | ₹756 Cr |
| OPM | 30.0% 0.0% | 30.0% 3.4% | 29.0% 3.6% | 28.0% 3.4% | 29.0% 9.4% | 32.0% 18.5% | 27.0% 0.0% | 27.0% |
| Net Profit | ₹1.0K Cr 5.2% | ₹958 Cr 21.3% | ₹790 Cr 17.0% | ₹675 Cr 26.9% | ₹923 Cr 2.3% | ₹945 Cr 123.4% | ₹423 Cr 11.1% | ₹476 Cr |
| EPS (₹) | 10.09 5.3% | 9.58 21.3% | 7.9 16.9% | 6.76 26.8% | 9.24 2.4% | 9.47 122.8% | 4.25 11.1% | 4.78 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹16.7K Cr 21.0% | ₹13.8K Cr 33.6% | ₹10.3K Cr 8.9% | ₹9.5K Cr 2.6% | ₹9.2K Cr 69.4% | ₹5.4K Cr 56.2% | ₹12.4K Cr 4.5% | ₹11.9K Cr 23.0% | ₹9.7K Cr 22.1% | ₹7.9K Cr |
| Expenses | ₹11.8K Cr 20.0% | ₹9.8K Cr 28.0% | ₹7.7K Cr 3.3% | ₹7.4K Cr 5.1% | ₹7.0K Cr 73.3% | ₹4.1K Cr 61.4% | ₹10.5K Cr 20.6% | ₹8.7K Cr 9.2% | ₹8.0K Cr 26.6% | ₹6.3K Cr |
| Op. Profit | ₹4.9K Cr 23.4% | ₹4.0K Cr 49.7% | ₹2.7K Cr 29.1% | ₹2.1K Cr 5.6% | ₹2.2K Cr 58.1% | ₹1.4K Cr 27.9% | ₹1.9K Cr 39.7% | ₹3.2K Cr 89.0% | ₹1.7K Cr 4.2% | ₹1.6K Cr |
| OPM | 30.0% 3.4% | 29.0% 11.5% | 26.0% 18.2% | 22.0% 8.3% | 24.0% 4.0% | 25.0% 66.7% | 15.0% 44.4% | 27.0% 58.8% | 17.0% 15.0% | 20.0% |
| Other Income | ₹452 Cr 15.9% | ₹390 Cr 712.5% | ₹48 Cr 104.6% | ₹-1.0K Cr 453.9% | ₹293 Cr 309.3% | ₹-140 Cr 217.6% | ₹119 Cr 65.3% | ₹72 Cr 74.7% | ₹285 Cr 51.2% | ₹584 Cr |
| Interest | ₹659 Cr 19.4% | ₹552 Cr 14.5% | ₹482 Cr 0.0% | ₹482 Cr 29.9% | ₹688 Cr 39.4% | ₹1.1K Cr 53.5% | ₹740 Cr 30.3% | ₹568 Cr 45.6% | ₹390 Cr 47.0% | ₹736 Cr |
| Depreciation | ₹345 Cr 26.8% | ₹272 Cr 33.3% | ₹204 Cr 119.4% | ₹93 Cr 24.0% | ₹75 Cr 2.7% | ₹73 Cr 75.0% | ₹292 Cr 50.5% | ₹194 Cr 50.9% | ₹395 Cr 14.1% | ₹460 Cr |
| PBT | ₹4.4K Cr 22.9% | ₹3.6K Cr 75.3% | ₹2.0K Cr 348.7% | ₹452 Cr 73.7% | ₹1.7K Cr 5100.0% | ₹33 Cr 96.7% | ₹1.0K Cr 59.7% | ₹2.5K Cr 110.6% | ₹1.2K Cr 18.1% | ₹1.0K Cr |
| Tax % | 22.0% 0.0% | 22.0% 4.3% | 23.0% 387.5% | -8.0% 126.7% | 30.0% 168.2% | -44.0% 269.2% | 26.0% 23.5% | 34.0% 3.0% | 33.0% 21.4% | 42.0% |
| Net Profit | ₹3.4K Cr 24.0% | ₹2.8K Cr 78.1% | ₹1.6K Cr 217.1% | ₹490 Cr 59.4% | ₹1.2K Cr 2416.7% | ₹48 Cr 93.5% | ₹742 Cr 54.9% | ₹1.6K Cr 107.1% | ₹794 Cr 36.0% | ₹584 Cr |
| EPS (₹) | 34.32 23.9% | 27.71 77.9% | 15.58 208.5% | 5.05 59.6% | 12.49 2349.0% | 0.51 94.5% | 9.19 55.5% | 20.66 106.0% | 10.03 22.3% | 12.91 |
| Div Payout | 12.0% 20.0% | 15.0% 7.1% | 14.0% 30.0% | 20.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹999 Cr 0.1% | ₹998 Cr 0.4% | ₹994 Cr 106.2% | ₹482 Cr 0.0% | ₹482 Cr 21.7% | ₹396 Cr 0.0% | ₹396 Cr 0.0% | ₹396 Cr 0.0% | ₹396 Cr 250.4% | ₹113 Cr |
| Reserves | ₹22.3K Cr 16.2% | ₹19.2K Cr 16.4% | ₹16.5K Cr 35.3% | ₹12.2K Cr 4.8% | ₹11.6K Cr 176.6% | ₹4.2K Cr 1.1% | ₹4.2K Cr 20.6% | ₹3.4K Cr 27.6% | ₹4.8K Cr 21.3% | ₹3.9K Cr |
| Borrowings | ₹9.9K Cr 39.5% | ₹7.1K Cr 7.8% | ₹7.7K Cr 15.0% | ₹9.1K Cr 21.5% | ₹11.5K Cr 36.6% | ₹18.2K Cr 1.2% | ₹18.4K Cr 28.2% | ₹25.6K Cr 13.4% | ₹22.6K Cr 39.8% | ₹16.2K Cr |
| Other Liabilities | ₹25.5K Cr 14.2% | ₹22.3K Cr 1.3% | ₹22.0K Cr 26.6% | ₹17.4K Cr 17.9% | ₹14.8K Cr 10.6% | ₹16.5K Cr 6.8% | ₹17.7K Cr 13.1% | ₹20.4K Cr 63.3% | ₹12.5K Cr 9.0% | ₹13.7K Cr |
| Total Liabilities | ₹58.7K Cr 18.3% | ₹49.6K Cr 5.1% | ₹47.2K Cr 20.6% | ₹39.1K Cr 1.9% | ₹38.4K Cr 2.3% | ₹39.3K Cr 3.4% | ₹40.7K Cr 18.4% | ₹49.9K Cr 23.9% | ₹40.3K Cr 18.6% | ₹33.9K Cr |
Assets | ||||||||||
| Fixed Assets | ₹2.6K Cr 93.1% | ₹1.4K Cr 17.0% | ₹1.2K Cr 36.1% | ₹1.8K Cr 4.9% | ₹1.9K Cr 1.2% | ₹1.9K Cr 3.7% | ₹2.0K Cr 5.5% | ₹2.1K Cr 2.6% | ₹2.2K Cr 25.3% | ₹1.8K Cr |
| CWIP | ₹10 Cr 150.0% | ₹4 Cr 0.0% | ₹4 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹6 Cr 0.0% | ₹6 Cr 0.0% | ₹6 Cr 0.0% | ₹6 Cr 94.5% | ₹109 Cr |
| Investments | ₹1.5K Cr 16.3% | ₹1.3K Cr 50.0% | ₹2.5K Cr 916.3% | ₹246 Cr 57.1% | ₹574 Cr 63.6% | ₹1.6K Cr 1.7% | ₹1.6K Cr 10.5% | ₹1.4K Cr 1.5% | ₹1.4K Cr 17.3% | ₹1.2K Cr |
| Other Assets | ₹54.6K Cr 16.2% | ₹47.0K Cr 7.9% | ₹43.5K Cr 17.5% | ₹37.0K Cr 3.2% | ₹35.9K Cr 0.4% | ₹35.8K Cr 3.6% | ₹37.1K Cr 19.9% | ₹46.3K Cr 26.3% | ₹36.7K Cr 18.7% | ₹30.9K Cr |
| Total Assets | ₹58.7K Cr 18.3% | ₹49.6K Cr 5.1% | ₹47.2K Cr 20.6% | ₹39.1K Cr 1.9% | ₹38.4K Cr 2.3% | ₹39.3K Cr 3.4% | ₹40.7K Cr 18.4% | ₹49.9K Cr 23.9% | ₹40.3K Cr 18.6% | ₹33.9K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹959 Cr 38.8% | ₹1.6K Cr 37.7% | ₹2.5K Cr 8.7% | ₹2.8K Cr 37.6% | ₹2.0K Cr 20.8% | ₹2.5K Cr 33.1% | ₹3.8K Cr 914.7% | ₹-463 Cr 166.5% | ₹696 Cr 52.6% | ₹1.5K Cr |
| Investing CF | ₹-780 Cr 1759.6% | ₹47 Cr 101.6% | ₹-2.9K Cr 264.7% | ₹1.8K Cr 57.1% | ₹1.1K Cr 171.2% | ₹420 Cr 130.8% | ₹182 Cr 204.0% | ₹-175 Cr 73.1% | ₹-651 Cr 44.5% | ₹-1.2K Cr |
| Financing CF | ₹1.6K Cr 163.4% | ₹-2.5K Cr 363.5% | ₹951 Cr 125.7% | ₹-3.7K Cr 28.3% | ₹-2.9K Cr 1.9% | ₹-2.8K Cr 32.3% | ₹-4.2K Cr 669.0% | ₹736 Cr 2966.7% | ₹24 Cr 107.7% | ₹-312 Cr |
| Net Cash Flow | ₹1.8K Cr 298.1% | ₹-893 Cr 273.1% | ₹516 Cr 38.1% | ₹834 Cr 233.6% | ₹250 Cr 129.4% | ₹109 Cr 146.6% | ₹-234 Cr 341.2% | ₹97 Cr 40.6% | ₹69 Cr 531.3% | ₹-16 Cr |
| Free Cash Flow | ₹709 Cr 35.0% | ₹1.1K Cr 53.5% | ₹2.3K Cr 12.3% | ₹2.7K Cr 36.1% | ₹2.0K Cr 22.3% | ₹2.5K Cr 32.4% | ₹3.7K Cr 766.0% | ₹-562 Cr 185.9% | ₹654 Cr 53.5% | ₹1.4K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 32d 52.4% | 21d 25.0% | 28d 0.0% | 28d 7.7% | 26d 40.9% | 44d 91.3% | 23d 53.3% | 15d 48.3% | 29d 3.6% | 28d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 32d 52.4% | 21d 25.0% | 28d 0.0% | 28d 7.7% | 26d 40.9% | 44d 91.3% | 23d 53.3% | 15d 48.3% | 29d 3.6% | 28d |
| Working Capital Days | 420d 4.8% | 441d 0.2% | 442d 14.2% | 387d 7.5% | 360d 215.8% | 114d 467.7% | -31d | 0d 100.0% | -262d 57.8% | -166d |
| ROCE | 16.0% 6.7% | 15.0% 36.4% | 11.0% 22.2% | 9.0% 10.0% | 10.0% 42.9% | 7.0% 16.7% | 6.0% 45.5% | 11.0% 57.1% | 7.0% 22.2% | 9.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Lodha Developers Limited
Lodha Developers Ltd is primarily engaged in the business of real estate development. It is among the largest real estate developers in terms of presales and development pipeline in India with a presence in MMR, Pune and entered in Bengaluru market in Nov'23.[1]
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