Macrotech Developers Ltd Reports 10% YoY Growth in Q1FY26 Pre-sales, Achieving INR 44.5bn

Macrotech Developers Ltd, in its Q1FY26 operational update, reported a 10% YoY growth in pre-sales, achieving INR 44.5bn. Despite geopolitical tensions that resulted in a 'loss' of activity for approximately two weeks, the company remains on track to achieve its FY26 pre-sales guidance of INR 210bn. Collections for Q1IFY26 were INR 28.8bn, showing a 7% YoY growth, and are expected to be significantly higher in H2 compared to H1. The company added five new projects across MMR, Pune, and Bengaluru with GDV of INR 227bn, showcasing a robust pipeline. Despite significant investment in business development, the company's net debt stood at INR 50.8bn, well below its ceiling of 0.5x Net debt/Equity.