Lodha Share Price: Lodha Group has always been known for its premium projects and strategic business development in the field of real estate development in India. Most of the directors present in the market often keep analyzing the market trends and stock price of this company. If you are a new investor or an experienced one, it is very important for you to understand the target 2024 to 2030.
In today’s blog, we will understand the performance of Lodha, focus on its future outlook and understand from the expert’s point of view, whether the company’s price will increase or decrease in the coming years.
Lodha/Macrotech Developers Company Overview
Do you know that Lodha Group is officially known as Macrotech Developers, which is a very well-known name in the Indian real estate sector? Established in the year 1980, this company delivers its luxury and affordable housing projects in major cities like Mumbai, Pune and Hyderabad. Due to its strong focus on sustainability and innovations, Lodha has built a very good reputation in the market due to the completion of all its projects on time.
For information, let us tell you that the company was made public in the month of April 2021 and the name of Microtech Developers Limited or Lodha was added to the Indian Stock Exchange. Since then, the stock price of Lodha Group has also increased rapidly and due to its strong project pipeline, its demand is also growing in real estate consistently.
| Company Name | Lodha/Macrotech Developers Ltd. |
| Founded | 1980 |
| Headquarters | Mumbai |
| Industry | Real Estate Development |
| CEO | Abhishek Lodha |
| Stock Exchange Listing | NSE & BSE |
| Official Website | lodhagroup.in |
Lodha/Macrotech Developers Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹1,22,878.77 Cr. |
| ROE | 8.18% |
| ROCE | 8.96% |
| P/E | 72.15 |
| P/B | 7.14 |
| Div. Yield | 0.18% |
| Book Value | ₹172.78 |
| Face Value | ₹10 |
| EPS (TTM) | ₹17.09 |
| 52 Week High | ₹1,648 |
| 52 Week Low | ₹842.95 |
Also Read: Adani Ports Share Price Target
Lodha/Macrotech Developers Financials
Income Statement
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 103.16B | 8.93% |
| Operating expense | 14.33B | 10.26% |
| Net income | 15.49B | 218.29% |
| Net profit margin | 15.02 | 192.22% |
| Earnings per share | 16.82 | -2.50% |
| EBITDA | 26.69B | 29.20% |
| Effective tax rate | 23.35% | — |
Balance Sheet
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Cash and short-term investments | 52.54B | 113.44% |
| Total assets | 472.25B | 20.61% |
| Total liabilities | 296.91B | 12.33% |
| Total equity | 175.34B | — |
| Shares outstanding | 994.46M | — |
| Price to book | 7.09 | — |
| Return on assets | 3.69% | — |
| Return on Capital | 6.78% | — |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | 15.49B | 218.29% |
| Cash from operations | 25.12B | -8.64% |
| Cash from investing | -29.47B | -265.77% |
| Cash from financing | 9.51B | 125.66% |
| Net change in cash | 5.16B | -38.08% |
| Free cash flow | -52.63M | -100.17% |
Also Read: IGL Share Price Target
Macrotech Developers/Lodha Share Price Target From 2024 to 2030
| Year | Target Price |
|---|---|
| Lodha Share Price Target 2024 | ₹1655 |
| Lodha Share Price Target 2025 | ₹2810 |
| Lodha Share Price Target 2026 | ₹3405 |
| Lodha Share Price Target 2027 | ₹4140 |
| Lodha Share Price Target 2028 | ₹4731 |
| Lodha Share Price Target 2029 | ₹5410 |
| Lodha Share Price Target 2030 | ₹6185 |
Lodha/Macrotech Developers Shareholding Pattern
- Retail & Other: 0.91%
- Promoters: 72.11%
- Foreign Institution: 24.20%
- Mutual Funds: 0.53%
- Other Domestic Institutions: 2.25%
Also Read: Adani Enterprises Share Price Target
Macrotech Developers Competitors/Peer Companies
- Sobha
- DLF
- Ashiana Housing
- Oberoi Realty
- PSP Projects
- Prestige Estates Projects
Also Read: Siemens Share Price Target
Conclusion
It is clear from the Lodha Share Price Target From 2024 to 2030, fundamentals and financial metrics that the company is on a growth path. However, with a high P/E ratio and notable debt levels, investors should proceed with caution, especially for short-term investments.
For long-term investors, the company’s strong project pipeline, growing demand in real estate and strong shareholding pattern can make it a valuable addition to a diversified portfolio.
If you are considering investing in Lodha/Macrotech Developers, ensure thorough research and consult financial advisors to align your investment strategy with your financial goals.
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FAQs
-
Is Lodha trustworthy?
Yes.
-
Is Lodha a good company to work for?
Yes.
-
Is Lodha Group in debt?
Yes.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company.
