Property developer Lodha Developers posted record quarterly pre-sales of ₹ 5620 crore in Q3FY26, with 25% YoY growth. Sequentially they grew 23%.
“Strong momentum in our sustenance sales and significant launch pipeline in Q4 will support achievement of our pre-sales guidance of ₹ 210 bn for the year,” the company said in an exchange filing.
What did Lodha say?
Lodha said its collections of Rs 3560 crore were lower than Q3FY25 which had one-off inflows from large land and office sales. Collections are expected to scale up significantly in coming quarters, it said .
In Q3FY26, the company added five projects with gross development value (GDV) of Rs 33800 crore in Mumbai Metropolitan Region, National Capital Region (NCR) and Bengaluru. That takes 9MFY26 business development at ₹ 58800 crore , which is 2.35x of its annual guidance of ₹ 25000 crore, it said.
” This significant business development will allow us to have better visibility of future growth and support higher profitability in upcoming acquisitions,” it said. It’s pilot in NCR has started with two projects on joint development basis.
Strategic Entry into the NCR Market
.NCR is the second-largest housing market in the country with a shortage of trusted quality developers and a fragmented supply landscape. The NCR entry will enable them to serve nearly 80% of the housing demand across the top seven Indian cities, it said.
Despite the significant investment in business development in nine months of FY, 26, its net debt stood at ₹ 6170 crore well below its ceiling of 0.5x net debt/Equity, the company said.
Lodha Developers’ stock ended at Rs 1110.60 on Wednesday on BSE, about 0.10% lower than Tuesday’s close.