Macrotech Developers Ltd Share Price

Construction - Housing - Large

NSE: LODHA Large Cap ISIN: INE670K01029
As on 26 December 2024 at 18:11 IST
As on 26 December 2024 at 18:11 IST
1,414.05
+ 11.00
(0.78%)
Over 1 Month
14.32%
Over 6 Months
-9.42%
Over 1 Year
47.26%
Over 3 Years
125.17%

Macrotech Developers Ltd Summary

Close 1,414.05
Open 1,398.10
High 1,417.30
Low 1,384.25
Volume 6,14,519
Net Turnover (in ₹) 1,45,12,72,838.35
52 Week High 1,649.95
52 Week Low 922
52Wk High / Low
922
1,649.95

Macrotech Developers Ltd Key Financial Data

Market Cap (in ₹ Cr) 1,39,860.90
EPS (TTM) 18.95
Book Value (BV) 172.76
Div. Yield 0.16
P/E (TTM) 82.04
Price/Book Value 8.12
Delivery % 48.72
Face Value 10

Macrotech Developers Ltd Key Ratios

P/E ratio 96.90
P/B ratio 6.81
EV to Sales 12.59
PEG Ratio 4.09
ROA 4.49
ROE 8.11
Debt-Equity 0.68
Net Profit Margin 12.30
Operating Profit Margin 25.16

Macrotech Developers Ltd Peer Comparison

Company LTP Market Cap (in ₹ Cr)
Macrotech Developers Ltd ₹1,402.05 ₹1,39,761.22
DLF Ltd ₹840.80 ₹2,08,124.21
Godrej Properties Ltd ₹2,861.25 ₹86,176.13
Oberoi Realty Ltd ₹2,290.25 ₹83,274
Prestige Estates Projects Ltd ₹1,751.40 ₹75,438.09
Phoenix Mills Ltd ₹1,689.70 ₹60,406.81

Macrotech Developers Ltd News

Macrotech Developers allots NCDs aggregating Rs 300 cr

24 Dec 2024

Macrotech Developers allots 83,375 equity shares under ESOS

10 Dec 2024

Macrotech Developers acquires 100% stake in Janus Logistics and Industrial Parks

Macrotech Developers said that it has executed a share purchase agreement for acquisition of 100% stake in Janus Logistics and Industrial Parks (JLIPPL) for total consideration of Rs 47.94 crore.

30 Nov 2024

Macrotech Developers gains on acquiring Bain Capital stake in logistics parks for Rs 307 cr

Macrotech Developers gained 1% to Rs 1228.95 after the company said it acquired Bain Capital's stake in three industrial and logistics park entities for Rs 307 crore as part of a strategy to enhance rental income.

07 Nov 2024

Macrotech Developers to acquire balance stake in three digital infra platform entities

For consideration of Rs 307 cr

07 Nov 2024

Macrotech Developers Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue9,778.309,480.408,444.704,445.988,449.29
Total Expenses7,930.307,890.406,8464,189.637,234.36
Profit Before Tax1,584.10412.601,598.70-203.65654.93
Profit After Tax1,163.804561,133.60-185.72433.01
Operating Profit after Depreciation2,391.302,116.301,993.101,074.241,996.98

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets898.201,710.101,3511,253.311,297.38
Total Non Current Assets3,117.304,080.105,548.304,307.385,032.63
Total Current Assets44,507.2036,272.1032,013.5027,660.4829,406.15
TOTAL ASSETS47,624.5040,352.2037,561.8031,967.8634,438.79
Total Shareholder's Fund16,993.6012,571.7012,176.104,153.964,337.21

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities1,779.801,633.401,960.603,456.032,000.33
Net Cash used in Investing Activities-1,930.701,684.30-1,624.40495.52-146.70
Net Cash used in Financing Activities667.30-2,376.90-202.30-3,872.94-1,984.58

Macrotech Developers Ltd Corporate Actions

Macrotech Developers Ltd

₹2.25/Share

Announcement Date 16 Aug 2024
Record Date 16 Aug 2024
Div Yield 22.5%

About Macrotech Developers Ltd

Macrotech Developers Ltd., formerly known as Lodha Developers, is a prominent real estate and construction company in India. Founded in 1980 by Mangal Prabhat Lodha, the company has a rich history. This makes it one of India’s established names in real estate.

Headquartered in Mumbai, Maharashtra, Macrotech Developers operates across various real estate sectors. This includes residential, commercial, and retail development. Its offerings span high-end residential apartments in cities like Mumbai, Thane, Hyderabad, Pune, and even London. The company is also known for its commercial complexes and office buildings, along with retail malls and shopping centres.

One of its notable projects is the Palava integrated township. This is a smart city near Mumbai that showcases the company’s vision for large-scale, sustainable urban development.

The top promoter of Macrotech Developers is Sambhavnath Infrabuild And Farms Private Limited, which owns a 26.96% stake in the company. Macrotech is currently led by Abhishek Lodha, who serves as the CEO and Managing Director. He owns 23.20% of the company’s equity along with Vinti Lodha through the Sambhavnath Trust. This promoter shareholding reflects the Lodha family’s commitment to Macrotech’s development. There are also other managerial promoters who have contributed to the company’s success. They are
  • Mukund Manohar Chitale
  • Raunika Malhotra
  • Shaishav Dharia

Despite its significant presence in the real estate market, Macrotech does not hold the largest market share or capitalization in the sector. The company is publicly traded on both the Bombay Stock Exchange (BSE) under the ticker 543287 and the National Stock Exchange (NSE) as LODHA. The registered office is located at Vardhaman Chamber, Mumbai, Maharashtra. Meanwhile, its registrars are based at L.B.S. Marg, Vikhroli (West).

With a strong portfolio and a commitment to quality, Macrotech Developers Ltd. remains a key player in India’s real estate sector. The company has delivered a wide range of properties and integrated townships that cater to diverse market needs.

From Luxury Apartments to Smart Cities: Exploring Macrotech’s Iconic Projects

Macrotech Developers Ltd., commonly known as Lodha Group, has been a trailblazer in the real estate sector since its inception in 1980. Over the years, the company has earned a reputation for developing some of the most iconic projects in India, ranging from luxury apartments to smart cities.

Luxury Apartments
One of the standout segments of Macrotech’s portfolio is its luxury apartments. The company has developed numerous high-end residential projects in prime locations across Mumbai, Thane, Pune, Hyderabad, and even in London. These luxury apartments are renowned for their sophisticated design and world-class amenities.

Projects like Lodha Altamount, Lodha Fiorenza, and Lodha New Cuffe Parade have set new benchmarks in luxury living. These residences offer not just a home but a lifestyle, featuring facilities such as swimming pools, fitness centres, and beautifully landscaped gardens. The meticulous attention to detail and commitment to excellence make Macrotech’s luxury apartments highly sought after by discerning buyers.

Affordable Housing
In addition to luxury housing, Macrotech Developers has also made significant strides in the affordable housing segment. The company has understood the growing demand for affordable homes. Hence, it has launched several projects aimed at providing quality housing to middle income families.

Lodha Palava, for instance, is a large-scale integrated township that offers affordable housing along with all necessary amenities such as schools, hospitals, and shopping centres. This focus on affordable housing reflects Macrotech’s commitment to addressing the diverse needs of the market.

Commercial Spaces
Macrotech Developers has also made its mark in the commercial real estate sector. The company has developed numerous office buildings and commercial complexes that cater to the requirements of companies and professionals. Projects like Lodha Excelus and Lodha iThink provide workspaces designed to enhance productivity. They also provide a conducive environment for business operations. These commercial spaces are strategically located and equipped with modern amenities. This makes them ideal for various industries, including IT, finance, and consulting.

Retail Developments
The retail segment is another area where Macrotech Developers has excelled. The company has developed several retail malls and shopping centres that serve as key destinations for shopping and entertainment. Lodha Xperia Mall in Palava is a prime example of Macrotech’s expertise in retail development. This mall offers a wide range of retail outlets and entertainment facilities. As a result, it has become a popular destination for families and shoppers.

The company’s focus on creating vibrant retail spaces has enhanced the shopping experience for customers. It has also helped boost the local economy by attracting a high footfall and generating employment opportunities.

Integrated Townships and Smart Cities
One of Macrotech’s most ambitious ventures is the development of integrated townships and smart cities. Lodha Palava, located near Mumbai, is a pioneering project in this segment. Spread over 4,500 acres, Palava is designed to be a self-sufficient city with all the amenities and infrastructure required for a modern urban lifestyle. It features residential complexes, schools, hospitals, sports facilities, and extensive green spaces. Palava is also a smart city, incorporating advanced technologies for efficient management of resources such as water, energy, and waste.

Macrotech Developers Ltd Stock Analysis

  1. Annual revenue for Macrotech Developers Ltd increased by 3.14% to ₹9,778.30 crore in FY 2024 from ₹9,480.40 crore in FY 2023.
  2. Annual Net Profit for Macrotech Developers Ltd increased by 155.22% to ₹1,163.80 crore in FY 2024 from ₹456 crore in FY 2023.
  3. Promoter Shareholding in Macrotech Developers Ltd decreased by 0.03% in the most recent quarter, from 72.13% in June 2024 to 72.11% in September 2024.
  4. Macrotech Developers Ltd delivered a 1-year return of 47.26% compared to the Nifty 50, which provided a return of 10.66% as of the last trading session.
  5. Macrotech Developers Ltd share price moved up by 0.78% from its previous close of INR ₹1,403.05. The latest Macrotech Developers Ltd share price is INR ₹1,414.05.
  6. Macrotech Developers Ltd share price today has been at a low of 1,384.25 and a high of 1,417.30. Over the past 52 weeks, the Macrotech Developers Ltd share price has seen a low of 922 and a high of 1,649.95.

FAQ’s

What is the share price of Macrotech Developers Ltd today?

Macrotech Developers Ltd share price as on 26 Dec 2024 is ₹ 1414.05

What is the Market Cap of Macrotech Developers Ltd?

The market cap of Macrotech Developers Ltd stock is ₹1,39,860.90 Cr.

What is the PE Ratio of Macrotech Developers Ltd?

The Price to Earnings (P/E) Ratio of Macrotech Developers Ltd is 96.90

What is the PB Ratio of Macrotech Developers Ltd?

The Price to Book (P/B) Ratio of Macrotech Developers Ltd is 6.81

What is the 52 week high of Macrotech Developers Ltd Share Price?

The 52 week high of Macrotech Developers Ltd share price stands at ₹1,649.95

What is the 52 week low of Macrotech Developers Ltd Share Price?

The 52 week low of Macrotech Developers Ltd share price stands at ₹922

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