Lodha Developers Limited — Updates, 24-04-2025: Press Release

Lodha showcased impressive growth in FY25, with revenue rising 34% to INR 137.8bn and PAT surging 71% to INR 27.7bn. The PAT margin expanded to 20%, and pre-sales hit a record INR 176.3bn, marking a 21% increase year-on-year. For Q4 FY25, pre-sales reached INR 48.1bn, while collections soared 26% to INR 44.4bn. Despite leveraging new project additions with a GDV of INR 237bn, net debt was decreased by INR 3.1bn, maintaining a solid net debt-to-equity ratio of 0.2x. Further, India Ratings upgraded Lodha's credit rating to AA/Stable, reflecting enhanced financial stability. With sustained growth in operational performance and strategic market positioning, the outlook remains positive, bolstered by robust demand for quality homes across India. Investors should watch closely as Lodha aims to deepen its market share in Pune and expand in Bengaluru while maintaining its commitment to sustainable development and low-carbon initiatives.