Synopsis: The share of this company gained nearly 4 percent after a block deal involving nearly 2 percent equity was executed in the pre-open session.
The shares of this company, which is among the largest real estate developers in terms of presales and development pipeline in India, with a presence in MMR, Pune, and has entered the Bengaluru market, gained focus after a significant block deal
With a market capitalization of Rs 95,480 crore, Lodha Developers Ltd’s shares on Thursday made a day high of Rs 971.55 per share, up by 3.6 percent from its previous day’s close price of Rs 937.95 per share. The share of the company gave a return of negative 34 percent over the last year.
What Happened
Lodha Developers Ltd was in focus on Thursday after a block deal of close to Rs 1,865 crore was done during the pre-open session. Exchange data showed that about 1.99 crore shares or nearly 1.99 per cent of the company’s total equity changed hands at Rs 937.85 apiece. per share.
The deal was executed at the stock’s previous closing price of Rs 937.85, taking the overall transaction value to about Rs 1,864.57 crore. While the names of the buyer and seller were not disclosed immediately, such sizeable transactions are closely tracked by investors as they often signal changes in shareholding or strategic moves by large stakeholders.
In the latest shareholding pattern, promoters slightly increased their stake to 72.27 percent in Q4 FY26 from 71.94 percent a year ago. FII ownership came down to 21.24 percent from 24.64 percent. At the same time, DII holding nearly doubled to 4.62 percent from 2.36 percent, while the public share rose to 1.85 percent from 1.04 percent. This points to a higher share of ownership moving towards domestic institutions and retail investors over the past year.
About the Company
Lodha Developers is one of the leading real estate developers in India and is based in Mumbai. Globally known for developing luxury residential towers, integrated smart cities, commercial spaces, and industrial parks, the company was founded in 1980 by Mangal Prabhat Lodha.
Financial Highlight: The revenue from operations grew by 12 percent to Rs 4,714 crore in Q4 FY26 from Rs 4,224 crore in Q4 FY25, and EBIDTA grew by 16 percent to Rs 1,413 crore in Q4 FY26 from Rs 1,220 crore in Q4 FY25. This was accompanied by a net profit growth of 9 percent to Rs 1,008 crore in Q4 FY26, up from Rs 923 crore in Q4 FY25, resulting in an EPS growth of 9 percent to Rs 10.09 per share in Q4 FY26, up from Rs 9.24 per share in Q4 FY25.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
