- Lodha Developers reported a net income of 6.75 billion rupees for the first quarter of the fiscal year, marking a 42% increase compared to the previous year.
- This net income figure surpassed analyst estimates, which were set at 6.59 billion rupees.
- The company’s revenue was 34.92 billion rupees, slightly below the forecasted 35.51 billion rupees.
- Total costs amounted to 27.2 billion rupees, representing a 20% rise from the previous year.
- Other income increased significantly by 85%, reaching 1.33 billion rupees.
- Lodha Developers reported an adjusted EBITDA of 12 billion rupees, which is a 25% increase year-on-year.
- Pre-sales for the first quarter stood at 44.5 billion rupees, witnessing a 10% growth from the prior year’s quarter.
- CEO Abhishek Lodha noted a pick-up in mid-income demand and expects this trend to strengthen in the second half of the year.
- Lodha mentioned the company has achieved more than 90% of its FY26 business development guidance in the first quarter.
- Analyst recommendations on the company’s stock include 13 buy ratings, 4 hold ratings, and 1 sell rating.
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Macrotech Developers on Smartkarma
Analyst coverage of Macrotech Developers on Smartkarma reveals insights from Nimish Maheshwari, who provided a bear sentiment analysis in their report titled “Macrotech Developers: Decoding Family Feud and Corporate Governance Overhang”. The report highlights the legal dispute between the Lodha brothers over the use of the “Lodha” brand, with Macrotech Developers seeking a perpetual injunction and INR5,000 crore in damages. Despite a 2017 family settlement agreement, Abhishek and Abhinandan Lodha remain entangled in this legal battle, with Macrotech Developers aiming to cease the use of the brand by HoABL.
A look at Macrotech Developers Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Macrotech Developers Limited, a real estate company focusing on commercial and industrial properties, is positioned for encouraging long-term growth. With a strong Growth score of 4 on the Smartkarma Smart Scores, the company shows promising potential for expansion and development. In addition, Macrotech Developers also demonstrates a high level of Resilience and Momentum, both scoring a solid 4, indicating its ability to withstand challenges and maintain a positive trajectory in the market. Although the Value and Dividend scores are moderate at 2, the overall outlook for Macrotech Developers appears optimistic, especially considering its robust performance in growth, resilience, and momentum.
As a global provider of real estate services, Macrotech Developers‘ Smartkarma Smart Scores highlight its sound fundamentals and positive trajectory in the market. With a balanced mix of growth, resilience, and momentum, the company is well-positioned for long-term success. While the Value and Dividend scores are not as high, scoring at 2 each, Macrotech Developers‘ strength in Growth, Resilience, and Momentum, all scoring a strong 4, bode well for its overall outlook. Investors keen on a company with solid growth potential and market resilience may find Macrotech Developers to be a promising investment option in the real estate sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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