Audited Financial Results for the quarter and financial year ended March 31, 2026 and recommendation of final dividend
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 24 Apr 2026, 08:04 PM IST · BSE ID: 595c3e3b-b810-42b4-acb7-d8492c3b5190
View Original BSE Filing (PDF)
💡
In Simple Terms
Lodha Developers reported full-year profits of ₹3,431 Crore, up 24% from last year, and will pay shareholders ₹4.25 per share in dividends.
🤖 AI Summary
- FY26 PAT ₹3,431 Crore with 24% YoY growth; final dividend ₹4.25 per equity share recommended
- Auditor MSKA & Associates issued unmodified opinion on consolidated and standalone financial statements
- Pre-sales ₹20,530 Crore FY26; net debt reduced ₹800 Crore to ₹5,377 Crore
- Lee Polisano re-appointed Independent Director (5 years); Akhil Gupta appointed Independent Director (5 years)
- Satish Shenoy designated Senior Management Personnel — Chief Operating Officer, Construction Management
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit After Tax (PAT) FY26
₹3,431 Crore
24%
Final Dividend Recommended
₹4.25 per equity share
Net Debt Reduction FY26
₹800 Crore
Net Debt Position
₹5,377 Crore
Pre-Sales FY26
₹20,530 Crore
Auditor Opinion
Unmodified (clean)
🏢 How This Affects the Company
Pre-sales of ₹20,530 Crore in FY26 demonstrates sustained project pipeline strength. Leadership continuity via director re-appointment and operational upgrade through SMPdesignation supports execution capacity.
PAT of ₹3,431 Crore represents 24% YoY growth. Net debt reduced by ₹800 Crore to ₹5,377 Crore, improving balance sheet liquidity. Dividend of ₹4.25 per share reflects earnings confidence and capital return discipline.
Satish Shenoy's SMP designation strengthens construction management hierarchy. Director re-appointment ensures board stability and governance continuity for multi-year project cycles.
👥 What This Means For Shareholders
✅
Action Required
Attend 31st Annual General Meeting to ratify final dividend of ₹4.25 per equity share; record date to be announced separately.
👤
Who Is Affected
All equity shareholders on record date receive ₹4.25 per share held. Represents 42.5% payout of ₹10 face value per share.
🔍
Management Signal
Strong earnings growth and debt reduction signal confidence in business fundamentals. Director continuity and SMP appointment indicate focus on operational excellence and governance stability.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
31st AGM date and dividend record date announcement — confirms shareholder approval timeline
Q1 FY27 results filing — verify pre-sales momentum and debt trajectory continuation
Board-appointed directors' appointment approval at AGM — confirms governance continuity
LOW RISK
Clean audit opinion, strong debt reduction, and consistent pre-sales indicate low operational or financial risk at filing date.
💡 Investor Takeaway
FY26 PAT ₹3,431 Crore (24% YoY) with net debt down ₹800 Crore to ₹5,377 Crore. Final dividend ₹4.25 per share (₹10 face value) approved for shareholder ratification at AGM. Pre-sales ₹20,530 Crore confirm project pipeline strength. Clean audit opinion on consolidated and standalone statements.
⚖️ Strengths & Concerns
✅ Positives
- PAT grew 24% YoY to ₹3,431 Crore; net debt reduced ₹800 Crore year-on-year to ₹5,377 Crore
- Pre-sales of ₹20,530 Crore in FY26 supports forward revenue visibility and project execution pipeline
📅 Company Track Record
Lodha Developers reported FY26 PAT ₹3,431 Crore (24% YoY growth) and pre-sales ₹20,530 Crore, both disclosed in press release same date. Net debt reduced from ₹6,177 Crore (FY25 implied) to ₹5,377 Crore. Company has delivered consistent pre-sales and profitability in recent filings.
Based on publicly available historical data. For context only.