Shares of Macrotech Developers (Lodha) will be in focus on Tuesday, July 8, after the real estate major reported its business performance for the first quarter of the financial year 202526, achieving a pre-sales of Rs 44.5 billion in Q1FY26, marking a 10% year-on-year increase over Rs 40.3 billion reported in the same quarter last year.This growth came despite the impact of geopolitical tensions in the first half of the quarter, which led to a temporary disruption in activity for nearly two weeks.The company stated that it expects to make up for the lost period over the remaining quarters of the financial year.
With a strengthened launch pipeline and significant business development activity during the quarter, the company reaffirmed its guidance of achieving Rs 210 billion in pre-sales for the full year.Collections for Q1FY26 stood at Rs 28.8 billion, representing a 7% rise from Rs 26.9 billion recorded in Q1FY25.
The company noted that collections were in line with the business plan and indicated that it expects stronger performance in the second half of the fiscal year compared to the first.During the quarter, Macrotech Developers added five new projects across MMR (Mumbai Metropolitan Region), Pune, and Bengaluru, with a Gross Development Value (GDV) of Rs 227 billion.Live EventsThis represents over 90% of the company's full-year GDV guidance of Rs 250 billion, indicating a robust project pipeline for the upcoming quarters.Despite ongoing investments in new business development, the company maintained a disciplined balance sheet.
Net debt stood at Rs 50.8 billion at the end of Q1FY26, which is below the companys target ceiling of 0.5x Net debt/Equity.On Monday, the shares of Macrotech Developers closed flat at Rs 1,377.50 on the BSE.
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