Lodha Developers Ltd (LODHA) — shareholding pattern, promoter holding, financials and share price
About Lodha Developers Ltd (LODHA)
Lodha Developers Ltd operates in the Residential, Commercial Projects industry, within the Realty sector. It trades on the NSE as LODHA and on the BSE under scrip code 543287. Its ISIN is INE670K01029.
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]
Lodha Developers Limited is a large Indian real estate developer focused on residential, commercial and annuity assets across major metros, operating DevCo (for-sale housing), RentCo (annuity assets including offices, retail, warehousing and data centre development) and LandCo (strategic land monetisation), with an emphasis on high-end branded projects and integrated townships such as Palava and Upper Thane.
The company delivered FY26 pre-sales of INR205.3bn (up 16% YoY), adjusted EBITDA margin around 33–34% and PAT of INR34.3bn with PAT margin ~20%; Lodha has materially delevered since IPO to net debt INR53.8bn and net D/E of 0.23x, pursuing a stated target of a debt-free DevCo over the next few years.
Listed peers in Residential, Commercial Projects: DLF Ltd, Phoenix Mills Ltd, Prestige Estates Projects Ltd, Oberoi Realty Ltd, Godrej Properties Ltd, Anant Raj Ltd.
Valuation & Returns
10 Jul 2026At ₹1,221.15 a share on 10 Jul 2026, Lodha Developers Ltd (LODHA) was valued at a price-to-earnings ratio of 35.56x against an industry P/E of 33.91x and a price-to-book of 5.34x on a book value of ₹228.68 per share. Solomo computes return on equity of 14.72% and return on capital employed of 15% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 35.56x
- Industry P/E
- 33.91x
- P/B
- 5.34x
- EPS (TTM)
- ₹34.34
- Book value / share
- ₹228.68
- ROE
- 14.72%
- ROCE
- 15%
- ROA
- 5.82%
- Debt / equity
- 0.42x
- Dividend yield
- 0.35%
- EBITDA margin
- 32.22%
- 52-week range
- ₹650.85 – ₹1,459.35
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Lodha Developers Ltd (LODHA) reported revenue of ₹16,676 crore, net profit of ₹3,431 crore and earnings per share of ₹34.32. That compares with revenue of ₹13,780 crore and net profit of ₹2,767 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹4,714 crore and net profit ₹1,008 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 9,233 | 9,470 | 10,316 | 13,780 | 16,676 |
| Net profit (₹ cr) | 1,208 | 490 | 1,554 | 2,767 | 3,431 |
| EPS (₹) | 12.49 | 5.05 | 15.58 | 27.71 | 34.32 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 30.53% | 9.33% | 14.92% | 33.57% |
| Profit growth | 58.18% | 38.28% | 24.54% | 78.01% |
| Stock price CAGR | - | 23% | 19% | -18% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 70.31% of Lodha Developers Ltd (LODHA) (down 1.96 pp QoQ), foreign institutional investors (FII) hold 23.65% and domestic institutional investors (DII) hold 3.57%. Market capitalisation was ₹1,22,004 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2021.
Largest disclosed public shareholders in Jun 2026: New World Fund Inc 3.85%, Fidelity Advisor International Capital Appriciation Fund 1.41%, Nordea 1 Sicav Fund 1.22%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 70.31% | - | 23.65% | 3.57% | 29.69% |
| Mar 2026 | 72.27% | - | 21.25% | 4.62% | 27.73% |
| Dec 2025 | 71.85% | - | 23.49% | 3.17% | 28.15% |
| Sep 2025 | 71.87% | - | 24.11% | 2.73% | 28.13% |
| Jun 2025 | 71.9% | - | 24.89% | 2.2% | 28.1% |
| Mar 2025 | 71.94% | - | 24.65% | 2.36% | 28.06% |
| Dec 2024 | 71.98% | - | 24.45% | 2.64% | 28.02% |
| Sep 2024 | 72.11% | - | 24.2% | 2.78% | 27.89% |