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Fundamentals for Macrotech Developers Limited
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Fundamentals for Macrotech Developers Limited
Business Operations:
Sector: Real EstateIndustry: Real Estate - Development
Macrotech Developers Limited, through its subsidiaries, engages in the development of real estate properties in India. The company is involved in the construction and development of residential, office, and retail properties, as well as leasing of retail and office spaces. It also develops warehousing, logistics, and light industrial facilities. The company is involved in facility management, asset management, marketing and sales, and support service activities. It develops properties under the LODHA, LODHA LUXURY, and PALAVA brand names. The company was formerly known as Lodha Developers Limited and changed its name to Macrotech Developers Limited in May 2019. Macrotech Developers Limited was founded in 1980 and is headquartered in Mumbai, India.
Revenue projections:
With LODHA's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.
Financial Ratios:
| currentRatio | 1.749000 |
|---|---|
| forwardPE | 19.007381 |
| debtToEquity | 42.238000 |
| earningsGrowth | 0.094000 |
| revenueGrowth | 0.076000 |
| grossMargins | 0.412550 |
| operatingMargins | 0.276230 |
| trailingEps | 34.280000 |
| forwardEps | 47.544690 |
A current ratio of 1.749 for LODHA implies that the company has ample liquidity to meet its short-term debts. LODHA's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
LODHA's Forward PE being in a good range suggests that its stock price is aligned well with earnings. The stock is not considered overpriced, offering room for future growth, which makes it an appealing investment opportunity with the potential for value appreciation.
With positive gross and operating margins, LODHA's profitability is evident. These metrics suggest the company is efficiently managing its expenses while maintaining strong revenue, highlighting a solid financial foundation.
LODHA's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in LODHA's earnings potential, suggesting stronger financial performance compared to the previous year.
Price projections:
The price of LODHA currently aligns with projections, offering no clear risks or opportunities. This situation suggests stability in the stock's performance, leading investors to await further developments before making strategic decisions.
Recommendation changes over time:
LODHA has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view LODHA as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.
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