Macrotech Developers Ltd. (LODHA) AI Stock Analysis

• Market Cap: ₹1.21T
• Dividend Yield: 0.35%
• Average Volume (3M): 40.50K
• Price to Earnings (P/E): 40.5
• Beta (1Y): 2.03
• Revenue Growth: 24.94%
• EPS Growth: 57.06%
• Country: IN
• Employees: 18,634
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 6.74
• Shares Outstanding: 998,453,500
• 10 Day Avg. Volume: 59,705
• 30 Day Avg. Volume: 40,502
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,552.00
• Price Target Upside: 27.69% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 60 Neutral
• Price Target: ₹1,325.00 ▲(9.01% Upside)

The overall stock score of 60 reflects strong financial performance with impressive growth and profitability, despite concerns about cash flow management. Technical analysis indicates mixed signals with potential bearish momentum. The valuation suggests the stock is expensive, with a high P/E ratio and low dividend yield, which may deter value-focused investors.

Macrotech Developers Ltd. Business Overview & Revenue Model

Company Description

Lodha Developers Ltd. engages in the real estate development business. Its core business is residential real estate developments with a focus on affordable and mid-income housing. The company was founded on September 25, 1995 and is headquartered in Mumbai, India.

How the Company Makes Money

Macrotech Developers Ltd. (LODHA) generates revenue primarily through the sale of residential and commercial properties. The company develops and sells a diverse portfolio of real estate projects, including residential apartments, townships, luxury villas, office spaces, and retail outlets. LODHA also earns income from leasing commercial spaces and managing hospitality projects. The company's revenue model is supported by strategic land acquisition, project development, and sales and marketing efforts. Significant partnerships with financial institutions, construction firms, and government bodies also play a crucial role in driving the company's earnings and growth.

Macrotech Developers Ltd. Financial Statement Overview

Summary

Macrotech Developers Ltd. demonstrates strong growth and profitability with significant improvements in revenue, net income, and margins. The balance sheet reflects a healthy leverage position with good equity utilization, although liabilities are substantial. Cash flow performance highlights some concerns with reduced free cash flow, suggesting a need for improved cash management as the company navigates market uncertainties typical in the real estate sector.

Income Statement

The company shows impressive revenue growth at 33.5% from the previous year (2024) to the latest fiscal year (2025). The net profit margin has improved significantly, reaching 20.1% in 2025, which indicates enhanced profitability. The gross profit margin of 40.1% and a strong EBITDA margin of 28.9% further emphasize operational efficiency. However, the real estate industry can be cyclical, and maintaining such growth could be challenging.

Balance Sheet

The debt-to-equity ratio stands at 0.35, reflecting a prudent approach to leverage in the 2025 fiscal year. Return on equity (ROE) is robust at 13.7%, indicating effective utilization of equity to generate profits. The equity ratio remains stable at 40.5%, suggesting a well-capitalized position. However, total liabilities remain high, presenting potential future risks if market conditions worsen.

Cash Flow

Free cash flow decreased by 53.4% in 2025 compared to 2024, which may indicate challenges in cash generation. The operating cash flow to net income ratio is 0.57, showcasing moderate conversion of income to cash flow. Despite a decline in free cash flow, the company maintains a positive free cash flow to net income ratio of 0.39, indicating some resilience in cash flow management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	137.79B	137.79B	103.16B	94.70B	92.33B	54.49B
Gross Profit	51.23B	55.30B	39.83B	34.06B	27.41B	17.50B
EBITDA	41.72B	39.88B	32.29B	18.65B	24.78B	12.43B
Net Income	27.64B	27.64B	15.49B	4.87B	12.02B	401.60M
Balance Sheet
Total Assets	498.41B	498.41B	472.25B	391.55B	384.79B	393.08B
Cash, Cash Equivalents and Short-Term Investments	24.98B	24.98B	46.42B	34.30B	8.82B	24.93B
Total Debt	70.94B	70.94B	76.98B	90.60B	115.37B	181.93B
Total Liabilities	295.96B	295.96B	296.91B	264.33B	263.17B	341.82B
Stockholders Equity	201.78B	201.78B	174.69B	126.63B	121.05B	45.99B
Cash Flow
Free Cash Flow	0.00	10.91B	23.43B	26.60B	19.54B	25.22B
Operating Cash Flow	0.00	15.66B	25.12B	27.50B	19.98B	25.24B
Investing Cash Flow	0.00	-904.00M	-29.47B	17.78B	11.39B	4.20B
Financing Cash Flow	0.00	-25.06B	9.51B	-37.05B	-28.88B	-28.35B

Macrotech Developers Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1215.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:LODHA, the sentiment is Neutral. The current price of 1215.45 is above the 20-day moving average (MA) of 1201.49, below the 50-day MA of 1259.37, and below the 200-day MA of 1283.54, indicating a neutral trend. The MACD of -15.74 indicates Negative momentum. The RSI at 49.80 is Neutral, neither overbought nor oversold. The STOCH value of 64.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:LODHA.

Macrotech Developers Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OBEROIRLTY	70 Outperform	607.14B	29.22	14.17%	0.48%	-4.15%	-5.81%
DLF	69 Neutral	1.93T	43.22	10.26%	0.77%	46.84%	57.59%
GODREJPROP	64 Neutral	646.12B	42.47	8.09%	―	45.90%	25.36%
PHOENIXLTD	61 Neutral	582.76B	54.50	9.42%	0.15%	-5.13%	-2.32%
LODHA	60 Neutral	₹1.21T	40.51		0.35%	24.94%	57.06%
PRESTIGE	54 Neutral	697.65B	130.51	3.03%	0.11%	-13.75%	-62.65%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Macrotech Developers Ltd. Corporate Events

Lodha Developers Issues Corrected Security Cover Certificate for Q2 2025

Lodha Developers Limited has issued a Security Cover Certificate for the quarter ended June 30, 2025, correcting a previous typographical error. This announcement is part of the company’s compliance with SEBI regulations concerning its listed, secured, redeemable, non-convertible debentures, which total Rs. 7,800 million. The company’s adherence to regulatory requirements ensures transparency and trust with stakeholders, particularly the debenture trustees.

Macrotech Developers Announces Trading Window Closure

Macrotech Developers Limited, operating under the trading symbol LODHA, has announced a closure of its trading window in compliance with SEBI regulations. This closure will be in effect from July 1, 2025, until 48 hours after the release of the company’s unaudited financial results for the quarter ending June 30, 2025. The closure has been communicated to the designated persons within the company, ensuring adherence to the company’s Code of Conduct for trading.