Development potential, cash flows to ensure growth for Macrotech in FY26

From blueprint to build, growth gears for real estate major click into place

Macrotech Developers (Lodha), the country’s second-largest listed real estate company, exceeded its 2024-25 (FY25) guidance, aided by a strong pre-sales performance in the January–March quarter (Q4), driven by launches. The company had guided for ₹17,500 crore in pre-sales for FY25 and surpassed that with bookings of ₹17,630 crore.

 

For 2025-26 (FY26), Macrotech is targeting ₹21,000 crore in pre-sales, reflecting a 19 per cent increase over FY25. Volumes are expected to reach 11 million square feet (msf). Given the development potential of its portfolio, its manageable debt position, and forward-looking guidance, analysts believe the company is well-placed to sustain growth over