Facebook Pixel Macrotech lays concrete plans for FY26 growth | Business Standard - newspaper - Lee esta historia en Magzter.com

Intentar ORO - Gratis

Macrotech lays concrete plans for FY26 growth

Business Standard

|

May 02, 2025

Growth gears for real estate major click into place

- RAM PRASAD SAHU

Macrotech lays concrete plans for FY26 growth

Macrotech Developers (Lodha), the country's second-largest listed real estate company, exceeded its 2024-25 (FY25) guidance, aided by a strong pre-sales performance in the January-March quarter (Q4), driven by launches. The company had guided for ₹17,500 crore in pre-sales for FY25 and surpassed that with bookings of ₹17,630 crore.

For 2025-26 (FY26), Macrotech is targeting ₹21,000 crore in pre-sales, reflecting a 19 per cent increase over FY25. Volumes are expected to reach 11 million square feet (msf).

Given the development potential of its portfolio, its manageable debt position, and forward-looking guidance, analysts believe the company is well-placed to sustain growth over the medium term. The stock has gained 14.5 per cent over the past three months, and based on current target prices, it could return between 12 per cent and 24 per cent from its present level of ₹1,329.

MÁS HISTORIAS DE Business Standard

Business Standard

Look for consistency of return, resilience during downturn in fund

Flexicap funds attracted net inflows of ₹10,054.12 crore in March 2026, their highest tally in the past 12 months. But retail investors should resist chasing the category on momentum alone. The more important question is whether it suits their investment needs.

time to read

2 mins

April 15, 2026

Business Standard

Wiring in inclusion

Increased manufacturing can lead to structural transformation

time to read

2 mins

April 15, 2026

Business Standard

Business Standard

Godrej Properties' rerating hinges on sales growth

Brokerages cautious about real estate sector and company

time to read

2 mins

April 15, 2026

Business Standard

11 dead in Vedanta plant explosion

At least 11 workers were killed, while 22 others got injured after a tube connected to a boiler exploded at a Vedanta Ltd power plant in Chhattisgarh’s Sakti district on Tuesday, police said.

time to read

1 min

April 15, 2026

Business Standard

Crude at $130 could unsettle growth outlook: S&P Global

A sustained rise in crude oil prices to $130 per barrel could slow India’s economic growth, weaken fiscal metrics, and strain corporate and banking sector performance, according to a scenario analysis by S&P Global Ratings released on Tuesday.

time to read

2 mins

April 15, 2026

Business Standard

Netflix co-CEO makes rare overture to cinema owners at Las Vegas meet

Netflix’s hostility to cinematic releases has long chilled its relationships with theatre owners.

time to read

3 mins

April 15, 2026

Business Standard

Xi says rule of law must be upheld for West Asia peace

Chinese President Xi Jinping on Tuesday said the sovereignty, security, and territorial integrity of countries in the West Asia and Gulf region should be fully respected.

time to read

1 mins

April 15, 2026

Business Standard

House panel pulls up Health Min over drug scheme funding gaps

Raising concerns over disruptions and structural inefficiencies in India’s drug and medical device regulatory framework, a parliamentary standing committee has asked the Department of Health & Family Welfare (DoHFW) to secure immediate approval of funds under the Strengthening of States’ Drug Regulatory System (SSDRS) scheme.

time to read

2 mins

April 15, 2026

Business Standard

Tracking the funds that held their ground

In a market marked by sharp swings, ABHISHEK KUMAR and KRISHNA KANT look at leading equity schemes across phases over the past 5 years to understand what led to their outperformance

time to read

2 mins

April 15, 2026

Business Standard

Stocks rise, oil tumbles on hopes of off-ramp from US-Iran war

Wall Street stock indices edged up, oil prices tumbled and the dollar's safe haven appeal waned on Tuesday as investors looked past a US blockade on Iran’s ports to the prospect of an eventual resolution to the conflict.

time to read

1 min

April 15, 2026

Listen

Translate

Share

-
+

Change font size