Lodha Developers Reports Record Q4FY26 Pre-sales of ₹58.9bn, Collections Rise 18% YoY

Lodha developers has delivered exceptional operational performance in Q4FY26, achieving record quarterly pre-sales and demonstrating strong momentum across key business metrics. The company's latest disclosure under Regulation 30 highlights significant growth in both pre-sales and collections, reinforcing its position in the real estate sector.

Record-Breaking Pre-sales Performance

The company achieved its best-ever quarterly pre-sales of ₹58.9bn in Q4FY26, marking a robust 23% year-on-year growth compared to ₹48.1bn in Q4FY25. This performance also represents a 5% quarter-on-quarter increase from ₹56.2bn in Q3FY26. For the full year FY26, pre-sales reached ₹205.3bn, demonstrating a healthy 16% year-on-year growth from ₹176.3bn in FY25.

Performance Metrics: Q4FY26 Q4FY25 YoY Growth FY26 FY25 YoY Growth Pre-sales (₹bn): 58.9 48.1 +23% 205.3 176.3 +16% Collections (₹bn): 52.3 44.4 +18% 151.6 144.9 +5%

The company noted that March witnessed select deferral of sales due to the Iran war, leading to pre-sales being ₹4.7bn below guidance for the full year.

Strong Collections Growth

Collections performance showed remarkable improvement, reaching ₹52.3bn for Q4FY26, representing an 18% year-on-year increase from ₹44.4bn in Q4FY25. The quarter-on-quarter growth was particularly impressive at 47%, significantly picking up from the previous quarter's ₹35.6bn as construction activity ramped up. Annual collections for FY26 totaled ₹151.6bn, marking a 5% year-on-year growth from ₹144.9bn in FY25.

Aggressive Business Development Expansion

Lodha Developers significantly expanded its project portfolio during FY26, adding twelve projects across key markets including MMR, Pune, Bengaluru and NCR with a combined Gross Development Value (GDV) of approximately ₹600bn. This represents 2.4 times the company's annual guidance, demonstrating aggressive expansion strategy.

Business Development Highlights: Details Q4FY26 Project Addition: 1 project in MMR Q4FY26 GDV Addition: ₹13bn FY26 Total Projects Added: 12 projects FY26 Total GDV Addition: ~₹600bn Current Available GDV: ~₹2 trillion

As of April 1, 2026, the company has GDV amounting to approximately ₹2 trillion available for sale, excluding land bank in townships which will not be used in the next 5 years. Consequently, the company expects to reduce business development investments over the next 24 months and increase free cash flow.

Improved Financial Position

The company's financial health showed marked improvement with net debt reducing by ₹8.0bn to ₹53.7bn during the quarter, driven by strong collections performance. Despite significant investment in business development during FY26, the Net debt/Equity ratio stands at a conservative 0.23x, well below the company's established ceiling of 0.5x Net debt/Equity, providing substantial financial flexibility for future operations.

Lodha Developers Limited has announced the appointment of M/s Walker Chandioke & Co., LLP as its new statutory auditor, marking a significant transition in the company's audit arrangements. The decision was approved by the Board of Directors during their meeting held on March 30, 2026, in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Outcomes

The board meeting, which commenced at 3.45 P.M. and concluded at 5.00 P.M. on March 30, 2026, focused on the crucial appointment of new statutory auditors. The decision was made based on the recommendation of the Audit Committee, considering the upcoming completion of the current auditors' tenure.

Parameter: Details Meeting Date: March 30, 2026 Meeting Duration: 3.45 P.M. to 5.00 P.M. Key Decision: Appointment of new statutory auditor Regulatory Compliance: Regulation 30 of Listing Regulations

Auditor Transition Details

The current statutory auditors, M/s MSKA & Associates LLP, Chartered Accountants, will complete their second consecutive term of five years and are scheduled to retire at the forthcoming 31st Annual General Meeting of the company. This transition follows the regulatory requirements for auditor rotation after completion of their maximum permissible tenure.

Transition Aspect: Current Auditor New Auditor Firm Name: MSKA & Associates LLP Walker Chandioke & Co., LLP Status: Completing second term First term appointment Retirement/Appointment: 31st AGM conclusion 31st AGM conclusion Term Duration: 5 years (completed) 5 consecutive years

New Auditor Profile

M/s Walker Chandioke & Co., LLP (Firm Registration No. 001076N/N500013) brings substantial experience and credentials to the role. The firm is registered with the Institute of Chartered Accountants of India (ICAI), Public Company Accounting Oversight Board (PCAOB), and is empanelled with the Comptroller and Auditor General of India (CAG).

Key highlights of the new statutory auditor include:

Establishment: Founded in 1935

Registered Office: New Delhi

Network: Nineteen offices across major Indian cities

Partnership Strength: Eighty-seven partners

Credentials: Valid peer review certificate

Market Position: One of India's leading audit firms

Client Base: Provides services to several large companies, including top one hundred listed entities in India

Appointment Terms and Approval Process

The appointment of Walker Chandioke & Co., LLP will be effective from FY 2026-27, spanning from the conclusion of the 31st Annual General Meeting to the conclusion of the 36th Annual General Meeting. This represents the firm's first term as statutory auditor for Lodha Developers Limited, providing a fresh perspective on the company's audit processes.

Appointment Details: Specifications Firm Registration No.: 001076N/N500013 Term Period: First term of 5 consecutive years Effective Period: FY 2026-27 Start Point: Conclusion of 31st AGM End Point: Conclusion of 36th AGM Approval Required: Shareholders at ensuing AGM

The appointment remains subject to approval by shareholders at the ensuing Annual General Meeting, following standard corporate governance procedures. The company has ensured compliance with all regulatory requirements under the Listing Regulations and relevant SEBI circulars, with detailed information also made available on the company's website at www.lodhagroup.com .

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.