Lodha Developers Targets 2.5-Fold Profit Jump to ₹8,500 Cr by FY31: MD Abhishek Lodha

Realty firm Lodha Developers Ltd aims for a 2.5 times jump in its annual net profit to over ₹8,500 crore by the 2030-31 fiscal year. The company remains bullish on the demand for homes and commercial properties, driven by a strong market position and robust growth strategies.

In a recent conference call with analysts, Lodha Developers MD and CEO Abhishek Lodha highlighted the company’s significant growth since listing on stock exchanges in April 2021. He noted, “In fiscal ’21, which was the peak of the COVID-19 pandemic, we did ₹60 billion of pre-sales. In FY26, we did ₹205 billion, a 28% CAGR (compounded annual growth rate).”

More importantly, the PAT (profit after tax) has grown more than 6 times over the same period, touching ₹3,430 crore this year with a 20% margin. Abhishek said, “Over the medium term, our goal is focused on a 20% CAGR in PAT, moving from about ₹34 billion for fiscal ’26 to more than ₹85 billion by fiscal ’31.”

The company attributes its success to several key factors, including a strong development pipeline, a deepening annuity income base, a balance sheet with significant capacity, and a brand that commands a strong market position. Abhishek asserted, “The building blocks are all in place. Our brand continues to command a very strong market position amongst consumers on the back of superior product and service delivery.”

Recently, Lodha Developers reported that its net profit increased to ₹3,430.7 crore last fiscal from ₹2,766.6 crore in the preceding financial year. Its total income grew to ₹17,119.5 crore last fiscal from ₹14,169.8 crore in 2024-25.

Abhishek highlighted the unique backdrop of the Indian housing market, stating, “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 backdrop that is truly unique.”

The company is well-positioned to grow its market share in this environment, and Abhishek emphasized, “We intend to do so profitably and with discipline.” As of April 1, 2026, the company’s existing land bank has the potential to generate ₹2 trillion worth of sales, excluding the long-term land in its townships, which will not be used in the next 5 years.

Out of this, Lodha Developers will launch nearly ₹22,000 crore worth of residential properties for sale during the current 2026-27 fiscal. According to its latest presentation, the company plans to launch 15 million sq ft for sale during this fiscal year with an estimated revenue of ₹21,800 crore. These projects will be launched in the Mumbai Metropolitan Region (MMR), Pune, Bengaluru, and Delhi-NCR.

On the pre-sales or sales bookings front, Lodha Developers has set a target to achieve 17% growth in sales bookings this fiscal to ₹24,000 crore, amid 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, big branded companies like Lodha Developers have been performing well due to their financial and operational capabilities to execute projects. Lodha Developers, which sells properties under the Lodha brand, is one of the leading real estate companies in the country. It has developed more than 100 million sq ft so far. Besides housing, the company is also developing commercial properties and data centers.

On the land bank, Abhishek said the company will now invest less in further land acquisition, improving free cash flow. The company acquired 12 land parcels during the 2025-26 fiscal year across MMR, Bengaluru, and Delhi-NCR. These 12 land parcels will be used to develop projects, mainly housing, with an estimated revenue potential of ₹60,000 crore.