Company Macrotech Developers Limited

Equities

LODHA

INE670K01029

Real Estate Development & Operations

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Ratings for Macrotech Developers Limited

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Real Estate Development & Operations

Delayed NSE India S.E. Other stock markets 07:42:30 2024-04-30 am EDT			5-day change	1st Jan Change
1,239 ^INR	+0.97%		+3.62%	+21.01%

Apr. 26	Jefferies Adjusts Macrotech Developers' Price Target to INR1,500 From INR1,380, Keeps at Buy	MT
Apr. 25	Transcript : Macrotech Developers Limited, Q4 2024 Earnings Call, Apr 25, 2024

Macrotech Developers Limited is engaged in the business of real estate property development in India and the United Kingdom. The Company has a portfolio of housing projects, premium and luxury housing projects, industrial and logistics park segments. Its housing projects include Palava (Navi Mumbai, Dombivali Region), Upper Thane (Thane outskirts), Amara (Thane), Lodha Sterling (Thane), Lodha Luxuria (Thane), Crown Thane (Thane), Bel Air (Jogeshwari), Lodha Belmondo (Pune), Lodha Splendora (Thane) and Casa Maxima (Mira Road). Its townships are located at Palava (Navi Mumbai, Dombivali Region) and Upper Thane (Thane outskirts). Its premium and luxury housing projects include Lodha Park (Worli), Lodha World Towers (Lower Parel), Lodha Venezia (Parel) and New Cuffe Parade (Wadala). In addition, it has projects under the Lodha Luxury brand, which comprises small-scale, high-value developments such as Lodha Altamount (Altamount Road), Lodha Seamont (Walkeshwar) and Lodha Maison (Worli).

Number of employees: 4,564

INR in Million	2022	Weight	2023	Weight	Delta
Property Development 93.0 %	83,290	90.2 %	88,081	93.0 %	+5.75%
Land/Development Rights 4.5 %	6,812	7.4 %	4,277	4.5 %	-37.21%
Other 1.4 %	863	0.9 %	1,356	1.4 %	+57.20%
Rent 0.6 %	565	0.6 %	554	0.6 %	-1.96%
Building Materials 0.5 %	802	0.9 %	436	0.5 %	-45.62%

INR in Million	2022	Weight	2023	Weight	Delta
India 100.0 %	92,332	100.0 %	94,704	100.0 %	+2.57%

Managers	Title	Age	Since
A. Mangal Prabhat Lodha CEO	Chief Executive Officer	44	16-03-08
Sushil Kumar Modi DFI	Director of Finance/CFO	-	20-01-31
Rahul Mahajan CTO	Chief Tech/Sci/R&D Officer	-	17-05-31
Sanjyot Rangnekar CMP	Compliance Officer	53	15-12-31
Kishore P. Tidke COO	Chief Operating Officer	-	08-12-31
Raunika Malhotra BRD	Director/Board Member	44	20-06-25
Anand Kumar IRC	Investor Relations Contact	-	-
Tikam Jain PRN	Corporate Officer/Principal	-	04-12-31
Raghava Reddy Balineni AUD	Comptroller/Controller/Auditor	54	-
Rajesh Sahana PRN	Corporate Officer/Principal	-	18-12-31

Members of the board	Title	Age	Since
Lee Anthony Polisano BRD	Director/Board Member	72	21-07-29
Mukund Manohar Chitale CHM	Chairman	74	16-11-22
Rajeev Balkrishna Bakshi BRD	Director/Board Member	67	22-06-28
Rajinder Pal Singh BRD	Director/Board Member	72	15-12-31
Ashwani Kumar BRD	Director/Board Member	66	20-04-07
Mangal Prabhat Lodha FOU	Founder	-	79-12-31
A. Mangal Prabhat Lodha CEO	Chief Executive Officer	44	16-03-08
Rajendra Narpatmal Lodha BRD	Director/Board Member	57	18-02-28
Raunika Malhotra BRD	Director/Board Member	44	20-06-25
Harita Gupta BRD	Director/Board Member	61	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	994,625,213	272,010,225 ( 27.35 %)	0	27.35 %

Name	Equities	%	Valuation
Sambhavnath Infrabuild & Farms Pvt Ltd. 49.44 %	491,669,064	49.44 %	6 684 M ₹
Mangal Prabhat Lodha Family Discretionary Trust 23.22 %	230,945,524	23.22 %	3 139 M ₹
Life Insurance Corporation of India (Investment Portfolio) 1.992 %	19,811,024	1.992 %	269 M ₹
Nomura Asset Management Singapore Ltd. 1.658 %	16,492,596	1.658 %	224 M ₹
HDFC Life Insurance Co. Ltd. (Investment Portfolio) 0.4364 %	4,339,409	0.4364 %	59 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt) 0.2258 %	2,245,625	0.2258 %	31 M ₹
UBS Asset Management (Singapore) Ltd. 0.1911 %	1,900,155	0.1911 %	26 M ₹
Wellington Management International Ltd. 0.1537 %	1,528,905	0.1537 %	21 M ₹
Principal Asset Management (S) Pte Ltd. 0.1121 %	1,115,195	0.1121 %	15 M ₹
Invesco Asset Management (India) Pvt Ltd. 0.0804 %	799,101	0.0804 %	11 M ₹

Macrotech Developers Ltd.

Lodha Excelus L 2, N M Joshi Marg

400011, Mumbai

+91 22 6773 7373

http://www.lodhagroup.in

address Macrotech Developers Limited(LODHA)

Name	Category and Sector
Shreeniwas Cotton Mills Ltd. Shreeniwas Cotton Mills Ltd. TextilesProcess Industries Founded in 1935, Shreeniwas Cotton Mills Ltd. is a textile company that operates mills. The private company is based in Mumbai City, India and is part of Sambhavnath Infrabuild & Farms Pvt Ltd.	Textiles
Lodha Developers Thane Pvt Ltd. Lodha Developers Thane Pvt Ltd. Real Estate DevelopmentFinance Part of Sambhavnath Infrabuild & Farms Pvt Ltd., Lodha Developers Thane Pvt Ltd. is an Indian company that provides real estate development services. The private company is based in Mumbai, India.	Real Estate Development
Lodha Impression Real Estate Pvt Ltd. Lodha Impression Real Estate Pvt Ltd. HomebuildingConsumer Durables Part of Sambhavnath Infrabuild & Farms Pvt Ltd., Lodha Impression Real Estate Pvt Ltd. provides building construction services. The private company is based in Mumbai, India and was founded in 2007.	Homebuilding
G Corp. Homes Pvt Ltd. G Corp. Homes Pvt Ltd. Real Estate DevelopmentFinance Part of Sambhavnath Infrabuild & Farms Pvt Ltd., G Corp. Homes Pvt Ltd. provides real estate services. The private company is based in Bangalore, India. The company was founded in 2006. G Corp. Homes was acquired by Macrotech Developers Ltd. on June 23, 2022 for $2.69 million.	Real Estate Development
Cowtown Infotech Services Pvt Ltd.
Palava Dwellers Pvt Ltd. Palava Dwellers Pvt Ltd. Finance/Rental/LeasingFinance Palava Dwellers Pvt Ltd. is engaged in providing residential real estate development services. The company was founded on July 22, 2005 and is headquartered in Mumbai, India.	Finance/Rental/Leasing
Brickmart Constructions & Developers Pvt Ltd.
Homescapes Constructions Pvt Ltd. Homescapes Constructions Pvt Ltd. Real Estate DevelopmentFinance Homescapes Constructions Pvt Ltd. is a real estate company founded in 2020. The private company provides real estate services and is based in Mumbai City, India.	Real Estate Development
Palava Induslogic 3 Pvt Ltd. Palava Induslogic 3 Pvt Ltd. Financial ConglomeratesFinance Part of Sambhavnath Infrabuild & Farms Pvt Ltd., Palava Induslogic 3 Pvt Ltd. operates as an Indian investment company. The private company is based in Mumbai, India.	Financial Conglomerates
Bellissimo Digital Infrastructure Development Management Pvt
Palava Induslogic 4 Pvt Ltd.
One Place Commercials Pvt Ltd.
Bellissimo in City FC Mumbai 1 Pvt Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1,239 INR

Average target price

1,197 INR

Spread / Average Target

-3.40%

Consensus

Estimates Revisions

Company calendar

Real Estate

Real Estate

Real Estate Operations

Real Estate Development & Operations

Other Real Estate Development & Operations

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Other Real Estate Development & Operations