The firm posted a profit after tax of ₹3,431 crore for FY26, marking a 24% rise year-on-year. The PAT margin improved to 20.0%, up from 19.5% in the previous fiscal year.
Revenue rose by 11.6% year-on-year to ₹4,713.5 crore, up from ₹4,224.3 crore, while EBITDA increased by 15.7% to ₹1,412.6 crore from ₹1,220.7 crore. The EBITDA margin improved to 30% from 29% year-on-year.
Throughout the year, the company initiated 12 projects with a gross development value of approximately ₹60,000 crore in MMR, Pune, Bengaluru, and NCR, achieving 2.4 times its annual guidance. Its entry into the NCR market enhances its position in India’s second-largest housing market.
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As of April 1, 2026, the firm had saleable GDV of ₹2,00,000 crore, excluding the township land bank designated for development beyond five years. The company anticipates reduced business development investments over the next 24 months and an increase in free cash flow.
An MoU was signed with the Government of Maharashtra to develop a green data centre park in Palava spanning about 400 acres. Plans include constructing 1 GW of data centre capacity on a built-to-suit basis across approximately 100 acres, aimed at generating rental income.
The Palava landholding, exceeding 4,000 acres, is expected to appreciate in value due to these initiatives and improved connectivity infrastructure. The data centre, alongside retail, warehousing, and selected office developments, is projected to boost annuity income tenfold within the next six years.
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Net debt decreased by about ₹800 crore to ₹5,377 crore during the quarter, aided by collections. The net debt to equity ratio stood at 0.23x, below the ceiling of 0.5x. The exit cost of debt for Q4 FY26 was 7.8%, a decrease of 10 basis points sequentially.
Lodha Developers has recommended a final dividend of ₹4.25 per equity share of face value ₹10 each, representing 42.5%, for the financial year ended March 31, 2026. The dividend is set to be paid to shareholders on the record date to be announced, pending approval at the upcoming 31st Annual General Meeting.
The company has confirmed the re-appointment of Lee Polisano as an Independent Director for an additional term of five consecutive years from July 30, 2026, to July 29, 2031, based on the Nomination and Remuneration Committee’s recommendation, subject to shareholder approval.
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Lodha Developers also approved the appointment of Akhil Gupta as an Additional Non-Executive Independent Director for a five-year term from April 24, 2026, to April 23, 2031, pending member approval. Furthermore, Satish Shenoy, Chief Operating Officer – Construction Management, has been designated as Senior Management Personnel effective from April 24, 2026.
Abhishek Lodha, MD and CEO of Lodha Developers Ltd, commented, “We are thrilled to achieve record profitability for FY26. Our commitment to profitable growth and long-term value creation with low leverage has allowed us to expand our business
significantly in recent years.
It’s encouraging that this performance has been realized despite numerous geopolitical challenges over the last year, reinforcing the resilience of housing demand from leading brands.
This marks the first occasion we have surpassed ₹20,000 crores in pre-sales for the year, yet our market share remains only 3.5% (by value) of the primary housing sales in the Top 6 cities in India, indicating a substantial growth opportunity ahead.”
Shares of Lodha Developers Ltd closed at ₹846.00, down by ₹10.15, or 1.19%, on the BSE.
