Macrotech Developers Ltd

Lodha Developers Ltd has announced the closure of its trading window for dealing in the company's securities. This closure will be effective from July 1, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter ending June 30, 2026. The company has informed its designated persons about this closure as per its Code of Conduct for Regulating, Monitoring & Reporting of Trading.

Lodha Developers Ltd has announced a change in its senior management personnel. Mr. Satish Shenoy has been elevated to a leadership role, effective April 24, 2026. Mr. Shenoy is a Licentiate Civil and Sanitary Engineer with over 30 years of experience in the construction sector. He has been associated with the Lodha group for the past 13 years, holding leadership positions across South Mumbai, Pune, and Bengaluru, and overseeing key central functions. He played a significant role in establishing and scaling construction management in new markets and continues to contribute to expansion in the NCR region.

The Board of Directors of Lodha Developers Limited approved the audited financial results for the quarter and financial year ended March 31, 2026. Concurrently, the Board recommended a final dividend of ₹4.25 per equity share (42.5% on ₹10 face value) for FY 2025-26, subject to shareholder approval at the upcoming Annual General Meeting. Additionally, the Board re-appointed Mr. Lee Polisano as an Independent Director for a second term and appointed Mr. Akhil Gupta as an Additional Independent Director. Mr. Satish Shenoy was also designated as Senior Management Personnel.

Lodha Developers Ltd. announced the appointment of Mr. Akhil Gupta as an Additional (Non-Executive, Independent) Director for a five-year term from April 24, 2026, to April 23, 2031. Concurrently, Mr. Lee Polisano was re-appointed as an Independent Director for a second five-year term, commencing July 30, 2026, to July 29, 2031. Both appointments are contingent on shareholder approval. Mr. Akhil Gupta is a Chartered Accountant with over 40 years of experience, including a pivotal role as former Vice Chairman of Bharti Enterprises Limited. Mr. Lee Polisano is an internationally recognized architect and urban designer, and Founding Partner of PLP Architecture (UK), with over 45 years of professional experience. Neither director is related to any existing directors, and both are eligible to hold office.

Lodha Developers Ltd. announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors recommended a final dividend of ₹4.25 per equity share (42.5%) for FY26, subject to shareholder approval at the upcoming AGM. Additionally, the company re-appointed Mr Lee Polisano as an Independent Director for a second term and appointed Mr Akhil Gupta as an Additional Independent Director. Mr Satish Shenoy, COO - Construction Management, was designated as Senior Management Personnel. The statutory auditors issued an unmodified opinion on the financial results.

Lodha Developers Limited's Board of Directors approved the audited financial results (Consolidated and Standalone) for the quarter and financial year ended March 31, 2026. The statutory auditors, M/s. MSKA & Associates LLP, issued an unmodified opinion on these results. The Board also recommended a final dividend of ₹4.25 per equity share (42.5%) for FY26, subject to shareholder approval at the upcoming 31st Annual General Meeting. Additionally, Mr. Lee Polisano was re-appointed as an Independent Director for a second term, and Mr. Akhil Gupta was appointed as an Additional Independent Director. Mr. Satish Shenoy, COO - Construction Management, was designated as Senior Management Personnel.

Lodha Developers reported record financial results for FY26, with post-tax profit (PAT) reaching ₹3,431 crores, a 24% year-on-year increase. The company achieved record pre-sales of ₹20,530 crores for the fiscal year. Net debt significantly reduced by approximately ₹800 crores during Q4FY26 to ₹5,377 crores, bringing the Net Debt/Equity ratio to a healthy 0.23x. PAT margin improved to 20.0%. Lodha expanded its project portfolio by adding 12 projects with a Gross Development Value (GDV) of ~₹60,000 crores, including entry into the NCR market. The company also signed an MoU to develop a Green Data Centre Park in Palava, aiming to grow annuity income tenfold over the next six years. Management highlighted the resilience of housing demand and the long growth runway ahead.

Lodha Developers Ltd has announced that its Board of Directors will convene a meeting on Friday, April 24, 2026. The primary objectives of this meeting are to consider and approve the Audited Financial Results (Consolidated and Standalone) for the quarter and financial year ended March 31, 2026. Additionally, the Board will discuss and potentially recommend a dividend on the equity shares of the Company for the financial year concluded on March 31, 2026. This intimation is made in accordance with Regulation 29 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Lodha Developers, a leading real estate company, has reported its key operational updates for Q4FY26. The company achieved its best ever quarterly pre-sales of ₹ 58.9bn, marking a 23% YoY growth and 5% QoQ growth. The full year pre-sales stood at ₹ 205.3bn, representing a 16% YoY growth. However, March saw a select deferral of sales due to the Iran war, resulting in pre-sales being ₹ 4.7 bn below guidance. Collections for Q4FY26 were ₹ 52.3bn, showing an 18% YoY increase and a significant pick-up from the previous quarter. The company added one project in MMR with a GDV of ₹ 13bn in Q4FY26, and during FY26, it added twelve projects across MMR, Pune, Bengaluru and NCR with a GDV of ₹ ~600bn. The company's net debt reduced by ₹ 8.0bn to ₹ 53.7bn in the quarter, and its Net debt/Equity stands at 0.23x, well below the ceiling of 0.5x.

Lodha Developers Ltd has appointed M/s Walker Chandiok & Co., LLP as the new Statutory Auditor for a term of 5 consecutive years, effective from FY 2026-27. The current auditors, M/s. MSKA & Associates LLP, will complete their two consecutive terms at the forthcoming 31st Annual General Meeting. The appointment is subject to approval from the shareholders at the ensuing Annual General Meeting.