| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 4.7K | 0.9% | 11.6% |
| Total Income | 4.8K | 1.4% | 9.5% |
| Expenditure | 3.6K | 1.1% | 10.7% |
| PBT | 1.3K | 2.1% | 6.3% |
| Net Profit | 1.0K | 5.3% | 9.2% |
| OPM | 29.97% | 0.32pp | 1.07pp |
| NPM | 20.83% | 0.78pp | 0.05pp |
| EPS | 10.09 | 5.2% | 9.0% |
Lodha FY26 PAT up 24% to ₹3,431 Cr; Pre-sales ₹20,530 Cr
24 Apr 2026 · 24 Apr, 8:11 pm
Summary
Lodha reported record financial results for the quarter and financial year ended March 31, 2026, achieving a post-tax profit of ₹ 3,431 crores, marking a significant 24% year-over-year growth. The company also recorded its best-ever annual pre-sales performance at ₹ 20,530 crores for FY26. Notably, the PAT margin improved to 20.0% from 19.5% in the prior year, touching 20% for the first time. Management highlighted this strong performance despite geopolitical headwinds, attributing it to a focus on profitable growth and low leverage, with significant debt reduction during the quarter to ₹ 5,377 crores. The company anticipates continued growth, especially with strategic project additions and expansion into recurring income streams like data centers, projecting a 10x growth in annuity income over the next six years.
Key Highlights
- 1
Lodha delivered a record post-tax profit of ₹ 3,431 crores for FY26, marking a significant 24% year-over-year increase.
- 2
The company achieved its best-ever annual pre-sales performance, totaling ₹ 20,530 crores in FY26.
- 3
Net debt saw a substantial reduction of ₹ ~800 crores during Q4FY26, bringing the net debt down to ₹ 5,377 crores, with Net D/E at 0.23x.
- 4
PAT margin for FY26 improved to 20.0%, up from 19.5% in the previous year, achieving this milestone for the first time.
- 5
During FY26, Lodha added 12 new projects with a Gross Development Value (GDV) of approximately ₹ ~60,000 crores, exceeding its annual guidance by 2.4 times.
- 6
As of April 1, 2026, the company possesses a robust GDV of ₹ 2,00,000 crores available for sale, signaling a strong future pipeline.
- 7
Lodha signed an MOU with the Government of Maharashtra to develop a Green Data Centre Park in Palava, aiming to grow its annuity income by 10x over the next 6 years.
Management Comments
Abhishek Lodha
We are pleased to deliver record profitability for FY26. Our focus on profitable growth and long-term value creation with low leverage, has enabled us to scale up our business significantly over the last few years. What is heartening is that this performance has come through despite multiple geopolitical headwinds in last 12 months, reaffirming the resilience of housing demand from the top brands. This is the first time that we have achieved more than ₹ 20,000 crores of pre-sales for the year and yet, our market share is only ~3.5% (in value terms) out of the primary housing sales in the Top 6 cities in India, indicating long growth runway ahead.”
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