Lodha Developers Limited — Important, 07-07-2025: Updates

Lodha has announced a board meeting. Q1FY26 pre-sales grew 10% YoY to INR 44.5bn, despite a 2-week slowdown due to geopolitical tensions. Collections rose 7% YoY to INR 28.8bn, in line with plans, expecting stronger collections in H2. The company added five new projects with GDV of INR 227bn, achieving over 90% of its full-year target. Net debt stands at INR 50.8bn, maintaining a comfortable leverage ratio below 0.5x net debt/equity. The robust pipeline supports confidence in meeting FY26 pre-sales guidance of INR 210bn.