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Macrotech Developers Ltd

(LODHA)

₹1232.72.18%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Macrotech Developers Ltd Analyst Rating

based on 18 analysts

BUY

77.78%

Buy

16.67%

Hold

5.56%

Sell

Based on 18 analysts offering long term price targets for Macrotech Developers Ltd. An average target of ₹1409.67

Source: S&P Global Market Intelligence

Macrotech Developers Ltd Share analysis

Macrotech Developers Ltd price forecast by 18 analysts

Upside of11.87%

High

₹1755

Target

₹1409.67

Low

₹918

Macrotech Developers Ltd target price ₹1409.67, a slight upside of 11.87% compared to current price of ₹1232.7. According to 18 analysts rating.

Source: S&P Global Market Intelligence

Macrotech Developers Ltd Performance

  • Day's Low

    Day's High

    ₹1,224.45
    ₹1,271.45
  • 52 Week's Low

    52 Week's High

    ₹843.2
    ₹1,649.95
1 Month Return+ 10.81 %
3 Month Return+ 1.64 %
1 Year Return+ 46.24 %
Previous Close₹1,260.15
Open₹1,265.00
Volume15.49L
Upper Circuit-
Lower Circuit-
Market Cap₹1,25,585.88Cr

Macrotech Developers Ltd Key Statistics

P/E Ratio59.75
PEG Ratio11.44
Market Cap₹1,25,585.88 Cr
P/B Ratio6.81
EPS15.63
Dividend Yield0.2
SectorRealty
ROE8.11

Macrotech Developers Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹1,25,585.88 Cr88.34%0.67₹1,554 Cr₹10,316 Cr
HOLD₹70,275.22 Cr56.31%0.58₹1,926 Cr₹4,495 Cr
BUY₹52,958.29 Cr62.16%0.57₹1,326 Cr₹3,977 Cr
BUY₹74,875.18 Cr42.66%0.75₹747 Cr₹3,035 Cr
BUY₹68,182.44 Cr88.27%0.72₹1,628 Cr₹7,877 Cr

About Macrotech Developers Ltd

Macrotech Developers Limited (formerly Lodha Developers) is a renowned real estate developer company in India, which was established in 1980s. Headquartered in Mumbai, it develops residential and commercial properties across cities in India (Mumbai, Thane, Hyderabad, Pune) and London. Notable projects included are Lodha Altamount The World Towers, Trump Tower Mumbai and others, and a smart city Palava. It has developed more than 90 completed projects comprising of 80 million square feet of developable area, more than 55 ongoing projects at 75 million square feet, and many premium and luxury housing projects. It also developed logistics and industrial parks near Mumbai, following partnerships with reputed investors such as Morgan Stanley, and with Donald Trump for development of Trump Tower Mumbai. In 2021, Tata Power partnered with Macrotech to measure EV charging stations in housing societies and offices. In 2021, Macrotech Developers Limited initiated its Initial Public Offering (IPO), with 51440328 equity shares having face value at Rs. 10, getting listed on BSE & NSE. In financial year 202122, it launched 24 projects at 14.4 million square feet under capital light JDA route, with 11 projects in micromarkets of MMR and Pune. It has 29 consolidating subsidiaries, 18 joint ventures and 2 associates.

Share Price: ₹1232.70 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹1,25,585.88Cr as of today
Revenue: ₹2,625.70Cr as on September 2024 (Q3 24)
Net Profit: ₹423.10Cr as on September 2024 (Q3 24)
Listing date: 19 Apr, 2021
Chairperson Name: M M Chitale
OrganisationMacrotech Developers Ltd
HeadquartersMumbai
IndustryRealty
E-voting on sharesClick here to vote

Key events for Macrotech Developers Ltd

  • Macrotech Developers Sees Market Cap Surge and Growth Prospects - 19 Nov, 2024

    Macrotech Developers anticipates pre-sales of Rs 50,000 crore by 2030-31, with a notable 3.40% rise in share price, boosting market cap by Rs 4,198 crore.

  • Macrotech Developers Stock Performance on November 17 - 17 Nov, 2024

    On November 17, 2024, Macrotech Developers (LODHA) closed at ₹1,222.15, up 1.67%. The stock is 25.92% below its 52-week high and 45.64% above its low, indicating a mixed performance.

  • Macrotech Developers Stock Sees Positive Movement - 14 Nov, 2024

    Macrotech Developers Limited's shares rose by 1.53% today, reaching ₹1,220.50, boosting the market cap by ₹1,834.13 crore to approximately ₹1,21,634.38 crore.

  • Macrotech Developers Faces Market Cap Decline - 13 Nov, 2024

    Macrotech Developers' stock fell by 2.84%, closing at ₹1,205.75, resulting in a market cap decline of ₹3,505 crore. The stock's performance reflects negative market sentiment.

  • Macrotech Developers Stock Surges, Market Cap Rises - 12 Nov, 2024

    On November 12, 2024, Macrotech Developers Ltd. saw its stock surge by 4.4%, increasing its market cap by ₹5,201 crore to ₹1,23,513.16 crore. The stock traded at ₹1,239.70, reflecting strong market performance.

  • Macrotech Developers Acquires Land Parcel in Pune - 11 Nov, 2024

    Macrotech Developers has acquired a 2.8-acre land parcel in Pune's Hinjewadi for nearly Rs 111 crore from Paranjape Schemes Constructions. The deal, completed on October 14, involved a no-objection certificate from ASK Real Estate, and Macrotech paid Rs 6.64 crore in stamp duty.

  • Macrotech Developers Stake Transfer and Market Decline - 08 Nov, 2024

    Macrotech Developers made significant moves, acquiring Bain Capital's stake for ₹307 crore while facing a 2.37% drop in shares. Abhishek Lodha transferred an 18.09% stake worth ₹21,000 crore to a philanthropic foundation, aiming to support social initiatives.

  • Macrotech Acquires Bain Capital Stake for Growth - 07 Nov, 2024

    Macrotech Developers has acquired Bain Capital's stakes in three industrial and logistics park entities for Rs 307 crore, aiming to boost rental income and expand its portfolio. The company also plans significant launches in Bengaluru and Palava, targeting increased annuity income.

  • Macrotech Developers' CEO Commits $2.5 Billion to Philanthropy - 31 Oct, 2024

    Abhishek Lodha, CEO of Macrotech Developers, announced a $2.5 billion commitment to philanthropy and plans to transfer a significant shareholding to the Lodha Philanthropy Foundation, which will own 20% of the company.

  • Lodha Family Donates Stake; Strong Q2 Results - 29 Oct, 2024

    Abhishek Lodha and family donate an 18% stake in Macrotech Developers to a philanthropy foundation. The company reports strong Q2 results, with net profit doubling. Nomura maintains a Buy rating with a target price of ₹1,600, anticipating robust performance in H2 FY25.

  • Macrotech Developers Reports Strong Q2 Earnings - 28 Oct, 2024

    Macrotech Developers Ltd announced impressive Q2 results, with a 108% increase in net profit and record pre-sales. The company plans to launch significant residential projects in the upcoming period.

  • Macrotech Developers Reports Strong Growth and Expansion Plans - 27 Oct, 2024

    Macrotech Developers Ltd is set to launch significant housing projects worth Rs 10,000 crore, reporting a 21% increase in sales bookings and a profit surge of 108.6% in Q2 FY25.

  • Macrotech Developers Reports Strong Q2 Profit Growth - 26 Oct, 2024

    Macrotech Developers announced a significant increase in Q2 FY25 net profit to Rs 423.1 crore, driven by a 50% revenue jump. The company achieved record pre-sales of Rs 4,290 crore despite seasonal challenges, indicating strong demand and profitability.

  • Macrotech Developers Reports Strong Q2 FY25 Results - 25 Oct, 2024

    Macrotech Developers achieved a net profit of Rs 423.10 crore in Q2 FY25, marking a 108.63% increase. Revenue rose by 52.96%, with record pre-sales of Rs 4,290 crore. The company remains optimistic about achieving its annual pre-sales target of Rs 175 billion, supported by strong demand and favorable market conditions.

Insights on Macrotech Developers Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 24.18% to 24.20% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, LODHA stock has moved up by 3.1%

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, LODHA has outperformed top 5 stocks with highest market-cap in Real Estate Rental, Development & Operations

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.52% to 0.53% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 0.73% to 0.91% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Oberoi Realty Ltd has given 118.0% return, outperforming this stock by 34.7%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 4.08K Cr → 2.68K Cr (in ₹), with an average decrease of 18.3% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 665.5 Cr → 422.9 Cr (in ₹), with an average decrease of 19.8% per quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 72.13% to 72.11% in Sep 2024 quarter

Macrotech Developers Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,749.60Cr (-)₹2,930.60Cr (↑67.50%)₹4,018.50Cr (↑37.12%)₹2,846.50Cr (↓29.17%)₹2,625.70Cr (↓7.76%)
Net Income₹202.80Cr (-)₹505.20Cr (↑149.11%)₹667.00Cr (↑32.03%)₹475.90Cr (↓28.65%)₹423.10Cr (↓11.09%)
Net Profit Margin11.59% (-)17.24% (↑48.75%)16.60% (↓3.71%)16.72% (↑0.72%)16.11% (↓3.65%)
Value in ₹ crore
Details2021202220232024
Total Assets₹32,518.85Cr (-)₹37,917.60Cr (↑16.60%)₹40,858.30Cr (↑7.76%)₹47,924.70Cr (↑17.29%)
Total Liabilities₹28,364.89Cr (-)₹25,741.50Cr (↓9.25%)₹28,286.60Cr (↑9.89%)₹30,931.10Cr (↑9.35%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹2,000.33Cr (-)₹3,456.03Cr (↑72.77%)₹1,960.60Cr (↓43.27%)₹1,633.40Cr (↓16.69%)₹1,779.80Cr (↑8.96%)

Index Inclusions

S&P BSE Largecap

₹9,050.93

-0.97 (-89.06%)

BSE 500

₹34,361.41

-0.84 (-289.42%)

S&P BSE Realty

₹7,630.89

1.07 (80.92%)

Nifty Realty

₹975.30

0.93 (9%)

Nifty100 Eq Weig

₹30,708.85

-1.79 (-558.25%)

Nifty Alpha 50

₹53,141.35

-0.71 (-382.25%)

NIFTY 100

₹24,135.10

-0.98 (-239.6%)

S&P BSE 250 LargeMidCap

₹10,169.78

-0.85 (-87.03%)

Nifty LargeMidcap 250

₹15,236.40

-0.68 (-104.3%)

Nifty 200

₹13,129.70

-0.87 (-115.1%)

S&P BSE 100 LargeCap TMC

₹8,695.60

-0.97 (-85.24%)

Nifty Next 50

₹66,765.45

-1.49 (-1010.05%)

Nifty 500

₹21,820.85

-0.83 (-183.5%)

BSE 200

₹10,722.03

-0.87 (-93.59%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Macrotech Developers Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
72.11%
-0.03
Foreign Institutions
24.2%
0.11
Mutual Funds
0.53%
0.86
Retail Investors
0.91%
25.78
Others
2.25%
-8.00

Macrotech Developers Ltd Key Indicators

Details20202021202220232024
Return On Equity %21.18.5114.666.98.11
Details20202021202220232024
Return On Assets %2.080.123.171.193.23
Details202220232024
Book Value Per Share (₹)121.2126.92171.22
Details202220232024
Earning Per Share (₹)12.555.0815.63

Macrotech Developers Ltd Valuation

Macrotech Developers Ltd in the last 5 years

  • Overview

  • Trends

Lowest (27.05x)

October 25, 2021

Today (59.75x)

November 19, 2024

Industry (129.60x)

November 19, 2024

Highest (350.92x)

June 15, 2021

LowHigh

Macrotech Developers Ltd Earnings and Dividends

  • Macrotech Developers Ltd Earnings Results

    Macrotech Developers Ltd’s net profit jumped 109.46% since last year same period to ₹422.90Cr in the Q2 2024-2025. On a quarterly growth basis, Macrotech Developers Ltd has generated -11.02% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Macrotech Developers Ltd Dividends April,2024

    In the quarter ending March 2024, Macrotech Developers Ltd has declared dividend of ₹2.25 - translating a dividend yield of 0.18%.

    Read More about Dividends

Macrotech Developers Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Macrotech Developers Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Macrotech Developers Ltd (LODHA) share price today is ₹1232.7

Macrotech Developers Ltd is listed on NSE

Macrotech Developers Ltd is listed on BSE

  • Today’s highest price of Macrotech Developers Ltd is ₹1271.45.
  • Today’s lowest price of Macrotech Developers Ltd is ₹1224.45.

PE Ratio of Macrotech Developers Ltd is 59.75

PE ratio = Macrotech Developers Ltd Market price per share / Macrotech Developers Ltd Earnings per share

Today’s traded volume of Macrotech Developers Ltd(LODHA) is 15.49L.

Today’s market capitalisation of Macrotech Developers Ltd(LODHA) is ₹125585.88Cr.

Macrotech Developers Ltd(LODHAPrice
52 Week High
₹1649.95
52 Week Low
₹843.2

Macrotech Developers Ltd(LODHA) share price is ₹1232.7. It is down -25.29% from its 52 Week High price of ₹1649.95

Macrotech Developers Ltd(LODHA) share price is ₹1232.7. It is up 46.19% from its 52 Week Low price of ₹843.2

Macrotech Developers Ltd(LODHAReturns
1 Day Returns
-27.45%
1 Month Returns
10.81%
3 Month Returns
1.64%
1 Year Returns
46.24%