Page 2 - Macrotech Developers

Macrotech Q4 pre-sales rise 14% to Rs 4,810 crore on strong housing demand

Real estate company Macrotech Developers Ltd on Monday reported a 14 per cent increase in sales bookings to a record Rs 4,810 crore in the fourth quarter of this fiscal mainly on strong housing demand. Its sales bookings stood at Rs 4,230 crore in the year-ago period. In a regulatory filing, Mumbai-based Macrotech Developers informed that the company's sales bookings grew 21 per cent last fiscal year to Rs 17,630 crore from Rs 14,520 crore in the FY24. "We achieved our best-ever quarter pre-sales of Rs 4,810 crore, showing 14per cent Y-o-Y (year-on-year) growth. With this, we have achieved pre-sales of Rs 17,630 crore in FY25 (up 21 per cent Y-o-Y), surpassing our FY25 guidance and delivering sustainable, predictable 20 per cent growth," the company said. Macrotech Developers, which sells properties under the Lodha brand, is one of the largest real estate companies in the country. It has a significant presence in Mumbai Metropolitan Region (MMR), Pune and Bengaluru housing ...

Lodha vs Lodha: Macrotech alleges HoABL used forged orders for brand name

Lodha Ventures, an Abhinandan Lodha enterprise, refutes allegations

Macrotech accuses HoABL of using fabricated documents to misuse Lodha brand

Realty firm Macrotech Developers Ltd on Wednesday alleged that House of Abhinandan Lodha (HoABL) has used "fabricated documents" to misuse the company's brand and registered trademark 'Lodha'. Abhishek Lodha led Macrotech Developers and the HoABL, formed by his younger brother Abhindan Lodha, are fighting a legal dispute over the use of the brand 'Lodha'. In January, Macrotech Developers filed a suit in the Bombay High Court against HoABL for infringement of its trademarks and sought appropriate injunctions, reliefs, and damages. Macrotech Developers, which sells properties under the 'Lodha' brand, is one of the leading real estate firms in the country, while the HoABL is into the development of residential plots across major cities. In a regulatory filing, Macrotech Developers said that the board has taken "serious cognizance of the conspiracy to use fabricated documents in order to misuse the company's goodwill, brand, and registered trademark." The Board has constituted a Speci

Oberoi Realty, Sobha: Nifty Realty falls 4%; What's worrying investors?

Oberoi Realty, Godrej Properties, Prestige Estates were down over 3 per cent, Macro Tech Developers, Phoenix Mills, DLF, Sobha, and Brigade Enterprises slipped 2 per cent

DLF, RIL, Zomato, MakeMyTrip: Chris Wood of Jefferies rejigs India exposure

At a broader level, meanwhile, Wood suggested investors sell rallies in the US stocks and increase exposure elsewhere, most particularly Europe, China and emerging market equities in general

DLF, Sobha, Mah Life: Nifty Realty faces 24% downside risk; key levels here

The Nifty Realty index has plunged 29% from its peak, and is seen testing support at its 100-WMA for the first time since April 2023. Here are the key support levels to watch out for.

Polycab, Voltas, KEI, Lodha can slide up to 18% as charts flag this warning

Technical charts of Polycab India, Voltas, KEI Industries and Lodha show the formation of a bearish pattern, namely 'Death Cross' on the daily scale; hence these stocks may see further downside.

DLF, Lodha: 5 real-estate shares that can gain upto 16% ahead of RBI Policy

The Nifty Realty index has surged 14% in the last 7 trading days, with select stocks rising up to 27% in anticipation of a rate cut in the upcoming RBI Policy. Here's technical view on realty stocks.

Macrotech Developers exploring to enter Delhi-NCR housing mkt: MD Lodha

Realty firm Macrotech Developers is exploring entry into the Delhi-NCR's residential market as part of its strategy to grow the company's business beyond Mumbai Metropolitan Region (MMR), Pune and Bengaluru, its Managing Director Abhishek Lodha has said. Macrotech Developers, which markets its properties under the Lodha brand, is one of the leading real estate developers in the country. "We are exploring to enter Delhi-NCR housing market," he told PTI in an interview. The company is looking to acquire lands, either outright or joint development agreement with landowners, he added. Macrotech Developers has already bought a land parcel in Delhi-NCR to develop industrial and logistics parks and is now looking at entering the housing business. After establishing a significant presence in both MMR and Pune housing markets, Macrotech Developers had in 2022 entered Bengaluru. The company has already launched two housing projects in Bengaluru and plans to launch three more in the IT ...

Bombay HC asks Lodha brothers to mediate, resolve trademark dispute

Earlier this month, Macrotech Developers had filed the suit before the Bombay HC against HoABL over the use of the name 'Lodha,' seeking Rs 5,000 crore in damages

Try to amicably resolve dispute over Lodha trademark: HC to Lodha brothers

The Bombay High Court on Monday suggested Abhishek Lodha and his brother Abhinandan Lodha to try and amicably resolve the issue over the use of 'Lodha' trademark. The Abhishek Lodha-promoted Macrotech Developers Ltd earlier this month filed a suit in the HC against Abhinandan Lodha's real estate firm, House of Abhinandan Lodha, claiming the name 'Lodha' was their trademark and no one else could use it. The suit sought Rs 5,000 crore as damages from Abhinandan Lodha's company. In an interim application, Macrotech Developers sought a perpetual injunction against the defendants from infringing their trademark 'Lodha'. On Monday, a single bench of Justice Arif Doctor while hearing the application said since the dispute was primarily between two brothers, the possibility of an amicable resolution should be attempted. "Ultimately it appears to be a dispute between two brothers. The genesis appears to be between the two brothers. Has some effort been made to sit down and resolve it?" Jus

Macrotech Developers up 3% as Q3 profit jumps 88% YoY; check details here

The rise in the Macrotech Developers share price came after the company posted a strong set of results in the December quarter of financial year 2025 (Q3FY25)

Macrotech Developers cuts Q3 debt by 12% to Rs 4,320 cr on better sales: MD

Realty firm Macrotech Developers has reduced its net debt by 12 per cent in the December quarter to Rs 4,320 crore on better internal cash flows, as the company achieved strong pre-sales, its MD Abhishek Lodha said. Net debt of Macrotech Developers, which markets its properties under the Lodha brand, stood at Rs 4,930 crore at the end of the September quarter of this fiscal. In an interview with PTI, Lodha highlighted that the company's performance during the latest December quarter has been "robust" and hoped to end the fiscal year on a strong note. "It was our strongest-ever quarter (October-December 2024) in terms of pre-sales. It was a best-ever quarter in terms of collections (of funds from customers). We had a strong underlying profitability. Our embedded EBITDA was about 35 per cent well above our guidance at the start of the year of averaging about 30 per cent. That number is 34 per cent YTD (year-to-date)," Lodha said. He further said that the company has added many land .

'Pure corporate dispute': Abhishek Lodha on litigation with HoABL

Realty firm Macrotech Developers MD Abhishek Lodha on Sunday said there is a "pure corporate dispute" between his company and House of Abhinandan Lodha over use of trademark and it is "nothing to do with brothers". Macrotech Developers has recently filed a suit in the Bombay High Court against House of Abhinandan Lodha (HoABL), formed by younger brother Abhinandan Lodha, for infringement of its trademarks and sought appropriate injunctions, reliefs, and damages. In an interview with PTI, Abhishek Lodha said he has no problem with younger brother Abhinandan Lodha doing real estate business, but asserted that his company has every right to protect its trademarks -- 'Lodha' and 'Lodha Group'. Macrotech Developers is listed on stock exchanges and is one of the leading real estate firms in the country, while House of Abhinand Lodha is into plotted developments across various cities including Ayodhya. Breaking silence on the matter, Abhishek said, "He (Abhinandan) is my brother. I have l

Macrotech Developers Q3 results: Profit rises 88% to Rs 944 crore

Realty firm Macrotech Developers on Saturday reported 88 per cent increase in consolidated net profit at Rs 944.4 crore for December quarter FY25 on higher income amid strong housing demand. Net profit of Macrotech Developers, which sells properties under Lodha brand, stood at Rs 503.3 crore in the year-ago period. Total income rose to Rs 4,146.6 crore in the third quarter of this fiscal from Rs 2,958.7 crore in the corresponding period of the preceding year, according to a regulatory filing. During the April-December period of 2024-25 fiscal, the company's net profit more than doubled to Rs 1,842.6 crore from Rs 883.6 crore in the year-ago period. Total income rose to Rs 9,749.5 crore in the first nine months of this fiscal from Rs 6,385.6 crore a year ago. Abhishek Lodha, MD & CEO, Macrotech Developers Ltd. said, "We achieved our best ever quarterly pre-sales performance of Rs 4,510 crore in the third quarter." This is the fourth consecutive quarter of achieving pre-sales ...

Nifty Realty stocks trade below 200-DMAs; index down 18% in Jan; what next?

Technical charts suggest that stocks such as Prestige Estates, Lodha and Sobha can fall up to 32 per cent from here on, while the Nifty Realty index can crack by another 14 per cent.

Explained: Why are the Lodha brothers fighting over the family brand name?

Abhishek and Abhinandan Lodha are locked in a legal battle over the use of the family name for their businesses. Abhishek has accused his brother Abhinandan of trademark infringement

After trademark, Lodha brothers trade charges over wealth distribution

Abhinandan claims he was only given Rs 500 cr as settlement

Billionaire Lodha brothers clash over brand rights, Bombay HC to hear case

The HC is scheduled to hear the matter on Tuesday, according to court filings

PVR Inox, Lodha, Glaxo: Should you buy these 5 oversold stocks? Find out

PVR Inox, Lodha, Glaxo, MRF and Astral are trading in oversold zone. Technical charts show these stocks can gain up to 33% from present level, or fall by another 19%; here's why.