Main revenue source: Real estate development
Top 3 markets:

1. Mumbai - approx. 60%
2. Pune - approx. 20%
3. Bangalore - approx. 10%

Lodha Developers Limited generates the majority of its revenue from real estate development, especially in the residential and commercial sectors. The company's most important market is Mumbai, where it realizes a significant portion of its projects. Pune and Bangalore follow as other important markets that also contribute to the revenue.

These cities are attractive locations for real estate developments due to their economic significance and population growth.

Production Sites: Mumbai, Pune, Hyderabad

Lodha Developers Limited, a leading real estate company in India, focuses primarily on the development of residential and commercial properties. The company's main production and development activities are located in the cities of Mumbai, Pune, and Hyderabad. These cities are strategically important as they are among the fastest-growing urban areas in India and have a high demand for real estate.

The company specializes in the development of high-quality residential projects and leverages its strong presence in these key regions to further solidify its market position.

Revenue growth (estimated): 10-12% (2025)

Lodha Developers Limited pursues a growth strategy based on several pillars. Firstly, the company focuses on expanding its portfolio by acquiring new plots in strategically important urban areas. This enables them to develop new projects and increase existing market share.

Secondly, Lodha is concentrating on diversifying its projects by being active in both the premium and affordable housing segments. This diversification helps to spread risk and target different customer segments.

Furthermore, the company is investing in sustainable construction practices and technological innovations to increase efficiency and reduce the ecological footprint. These measures are intended not only to lower operating costs but also to strengthen the brand image and attract new customers.

In addition, Lodha plans to expand its presence in international markets to benefit from global growth opportunities. This includes both direct investments and partnerships with local developers.

Main Imported Materials: Steel, Cement, Aluminum

Countries of Origin:

• Steel: China, South Korea
• Cement: Vietnam, Thailand
• Aluminum: United Arab Emirates, Russia

Lodha Developers Limited, a leading real estate company in India, imports various raw materials crucial for the construction of their projects. Steel is one of the key materials sourced mainly from China and South Korea to meet the high standards of construction quality and safety.

Cement is often imported from Vietnam and Thailand, as these countries are known for their cost-effective production and high quality. Aluminum, another critical material, is imported from the United Arab Emirates and Russia, where it is available in large quantities and at competitive prices.

These import strategies enable Lodha Developers to optimize costs while ensuring the quality of their construction projects.

Market share: 8% in the Indian real estate market (2024)

EBITDA margin: 27% (2024)

Lodha Developers Limited has established itself as one of the leading real estate developers in India. The company's competitive advantage lies in its strong brand presence and its ability to develop high-quality projects in strategically important locations.

With an EBITDA margin of 27%, Lodha demonstrates an efficient cost structure and high profitability compared to many competitors. The 8% market share in the Indian real estate market highlights the company's significant presence in a highly fragmented market.

Additionally, Lodha benefits from its experience in the premium and luxury segment, allowing the company to achieve higher margins and differentiate itself from price-oriented competitors. The continuous investment in sustainable construction practices and innovative design solutions further strengthens the company's market position and reputation.

Institutional Investor Share: 32% (2025, estimated) Insider Buys/Sells: No significant transactions in the last year (2025, estimated)

The institutional investor share in Lodha Developers Limited is approximately 32%. This indicates a moderate level of trust from institutional investors in the company, which may suggest a stable market position and growth potential.

In 2025, there were no significant insider buys or sells, indicating that the company's management and insiders do not expect drastic changes in the company's valuation or strategy. This could be a sign of stable corporate governance and balanced market development.

Market share of Lodha Developers Limited: Estimated 12% (2025)

Top competitors and their market shares:

1. DLF Limited: 15%
2. Godrej Properties: 10%
3. Prestige Estates Projects: 9%
4. Brigade Enterprises: 8%
5. Sobha Limited: 7%
6. Oberoi Realty: 6%
7. Mahindra Lifespace Developers: 5%
8. Puravankara Limited: 4%
9. Kolte-Patil Developers: 3%
10. Sunteck Realty: 3%

Moat of Lodha Developers Limited:

Lodha Developers Limited has a significant moat due to its strong brand presence and extensive project pipeline in India's metropolitan regions. The company benefits from an established market position and high customer satisfaction, reflected in stable demand for its projects.

Compared to its competitors, Lodha has an advantage through its strategic land bank and the ability to efficiently scale projects. DLF Limited, as the largest competitor, also has a strong moat due to its long-standing market presence and a diversified portfolio that includes both residential and commercial properties.

Other companies like Godrej Properties and Prestige Estates Projects compete strongly through innovative projects and sustainable construction practices, which also provide them with a certain moat. Overall, Lodha Developers Limited has a competitive advantage, but the market is fiercely competitive, and the differences in moats are often project- and region-specific.

Revenue Growth: 20% (2024) Net Profit Growth: 18% (2024) Debt-to-Equity Ratio: 1.5 (2024) Market Share in the Indian Real Estate Sector: 8% (2024)

Lodha Developers Limited achieved an impressive revenue growth of 20% in 2024, attributed to strong demand in the Indian real estate market and successful project completions. The company was able to increase its net profit by 18%, indicating efficient cost control and an improved margin structure.

The debt-to-equity ratio of 1.5 shows that the company has a moderate level of debt, which is common in the real estate sector. However, it is important to monitor the company's interest coverage and liquidity to ensure the sustainability of the debt.

With an 8% market share in the Indian real estate sector, Lodha positions itself as one of the leading players. Growth forecasts for the Indian real estate market are positive, providing the company with further potential for expansion and profit growth.

In summary, Lodha Developers Limited could be an attractive investment opportunity due to its stable growth, market position, and moderate debt. However, investors should also consider macroeconomic factors and potential risks in the real estate sector.

Dividend yield: 2.5% (estimated for 2025)

Dividend history: Regular payouts since 2021

Lodha Developers Limited has started distributing dividends regularly in recent years. The estimated dividend yield for the year 2025 is around 2.5%. This indicates that the company is following a strategy to reward shareholders through regular payouts.

The reliability of dividend payments can be considered moderate, as the company has only been paying dividends regularly since 2021. Further observation of the company's financial stability and cash flow is advisable to better assess the sustainability of the dividend policy.