Lodha Developers Targets 2.5-Fold Increase in Annual Profit to ₹8,500 Crore by FY31

Lodha Developers Ltd, one of India's leading real estate firms, has set ambitious goals for its financial performance. The company aims to achieve a 2.5 times increase in its annual net profit to over ₹8,500 crore by the fiscal year 2030-31. This projection is based on the company's bullish outlook on the demand for both residential and commercial properties.

In a recent conference call with analysts, Abhishek Lodha, MD and CEO of Lodha Developers, highlighted the company's strong growth trajectory since its listing on stock exchanges in April 2021. Despite the challenges posed by the COVID-19 pandemic, Lodha Developers has shown remarkable resilience and growth.

”In fiscal ’21, which was the peak of the pandemic, we achieved ₹60 billion in pre-sales. By FY26, this figure had surged to ₹205 billion, representing a 28% compounded annual growth rate (CAGR),” Abhishek said. More significantly, the company's profit after tax (PAT) has grown more than six times over the same period, reaching ₹3,430 crore this year, with a 20% margin.

”Over the medium term, our goal is to achieve a 20% CAGR in PAT, moving from about ₹34 billion in fiscal ’26 to more than ₹85 billion by fiscal ’31,” Abhishek explained. This ambitious target is underpinned by several key factors: a robust development pipeline, a growing annuity income base, a strong balance sheet, and a brand that continues to command a strong market position.

Lodha Developers recently reported a net profit of ₹3,430.7 crore for the last fiscal year, up from ₹2,766.6 crore in the previous year. Its total income also grew to ₹17,119.5 crore from ₹14,169.8 crore in 2024-25.

”The Indian housing market is in the early stages of a structural expansion that is likely to last for decades. The convergence of rising incomes, urbanization, supply consolidation, and improving infrastructure creates a unique and favorable environment,” Abhishek noted. The company is well-positioned to capitalize on this growth, aiming to do so profitably and with discipline.

As of April 1, 2026, Lodha Developers' land bank has the potential to generate ₹2 trillion in sales, excluding long-term land in its townships that will not be used in the next five years. The company plans to launch nearly ₹22,000 crore worth of residential properties for sale during the current 2026-27 fiscal year. These projects will be launched in key markets such as the Mumbai Metropolitan Region (MMR), Pune, Bengaluru, and Delhi-NCR.

According to the company’s latest presentation, Lodha Developers plans to launch 15 million square feet of projects this fiscal year, with an estimated revenue of ₹21,800 crore. On the pre-sales or sales bookings front, the company has set a target to achieve 17% growth in sales bookings this fiscal, aiming to reach ₹24,000 crore, driven by strong housing demand.

During the full 2025-26 fiscal year, the company’s sales bookings rose 16% to ₹20,530 crore from ₹17,630 crore in the preceding year. Although housing demand has tapered since 2025 after a strong growth period from 2022 to 2024, large branded companies like Lodha Developers have continued to perform well due to their financial and operational capabilities.

Lodha Developers, which sells properties under the Lodha brand, has developed more than 100 million square feet of projects so far. In addition to residential properties, the company is also developing commercial properties and data centers. On the land acquisition front, Abhishek noted that the company will now focus less on acquiring new land, which will improve free cash flow.

In the fiscal year 2025-26, Lodha Developers acquired 12 land parcels across MMR, Bengaluru, and Delhi-NCR. These parcels will be used to develop primarily housing projects with an estimated revenue potential of ₹60,000 crore. This strategic approach underscores the company’s commitment to sustainable growth and profitability in the Indian real estate market.