• OPEN AN ACCOUNT
Indian Indices
Nifty
22,888.15 -44.30
(-0.19%)
Sensex
74,668.00 -502.45
( -0.67%)
Bank Nifty
49,142.15 -139.65
( -0.28%)
Nifty IT
33,880.85 -114.40
( -0.34%)
Global Indices
Nasdaq
17,019.88 99.08
(0.59%)
Dow Jones
38,852.86 -216.73
(-0.55%)
Hang Seng
18,821.16 -6.19
(-0.03%)
Nikkei 225
38,855.37 -44.65
(-0.11%)
Forex
USD-INR
83.10 0.05
(0.06%)
EUR-INR
90.20 0.12
(0.13%)
GBP-INR
106.00 0.22
(0.20%)
JPY-INR
0.53 0.00
(0.15%)

EQUITY - MARKET SCREENER

Macrotech Developers Ltd
Industry :  Construction
BSE Code
ISIN Demat
Book Value()
543287
INE670K01029
166.4991496
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
LODHA
98.58
133841.74
EPS(TTM)
Face Value()
Div & Yield %
13.65
10
0.17
 

macrotech developers ltd
Macrotech Developers rises on strong Q4 business update
Apr 05,2024
The real estate developer's pre-sales in the same period last year were Rs 3,030 crore.

The company's FY24 pre-sales stood at Rs 14,520 crore, up from Rs 12,060 crore recorded in FY23, best ever annual presales performance, thus meeting the firm’s guidance of delivering consistent and predictable 20% growth.

The company’s collections stood at Rs 3,510 crore, up 20% on a YoY basis in Q4 FY23 and Rs 11,260 crore for FY23 up 6% on a YoY basis.

During FY24, Lodha added new projects having cumulative GDV of Ra 20,300 crore across various micro-markets of MMR, Pune and Bengaluru, exceeding its guidance of Rs 17,500 crore.

On the back of strong operating cash flow generation and recently concluded equity raise, net debt further reduced to Rs 3,010 crore at the end of Q4 FY24 as against Rs 7,070 crore at the end of Q4 FY23.

Macrotech Developers (Lodha Group) is among the largest real estate developer in India that delivers with scale since 1980s. Core business of Lodha Group is residential real estate development with a focus on affordable and mid-income housing.

The real estate developer’s consolidated net profit surged 185% to Rs 570 crore in Q3 FY24 as compared with Rs 200 crore in Q3 FY23. Revenue jumped 65.22% YoY to Rs 2930.6 crore in Q3 FY24.