Essayer OR - Gratuit
Macrotech lays concrete plans for FY26 growth
Business Standard
|May 02, 2025
Growth gears for real estate major click into place
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.
Cette histoire est tirée de l'édition May 02, 2025 de Business Standard.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Business Standard
Business Standard
Maruti, Hyundai grip wheel in a turning market
Exports, lean costs, and tax cuts keep growth engines humming, but next bend will call for sharper steering
2 mins
November 03, 2025
Business Standard
Fighting the Raj from America
In the years before World War I, a wave of Indian immigrants arrived in the United States (US) seeking work.
4 mins
November 03, 2025
Business Standard
Your credit is easier to steal than your money
TRUTH BE TOLD
3 mins
November 03, 2025
Business Standard
Govt taps IISc to boost critical minerals research
The Ministry of Mines has recogni-sed the Indian Institute of Science (IISc), Bengaluru, as one of the centres of excellence (CoE) under the National Critical Minerals Mission, a ₹16,300-crore initiative to bolster the country’s self-reliance in minerals essential for clean energy, defence and advanced technologies.
1 min
November 03, 2025
Business Standard
Trump threatens military action against Nigeria over ‘killing of Christians’
President Donald Trump threatened possible US military action against Islamist militants in Nigeria if the country's government doesn't halt the groups' \"killing of Christians\".
1 min
November 03, 2025
Business Standard
TFCI's growth drivers: Hotels, real estate, MSME solar
The Tourism Finance Corporation of India (TFCI) is seeing strong demand for hospitality and real estate funding and plans to expand into new areas, such as micro, small, and medium enterprise (MSME) solar financing for the tourism sector, said Anoop Bali, managing director and chief executive officer of TCI, in an interview with Harsh Kumar in New Delhi.
2 mins
November 03, 2025
Business Standard
Saudi Arabia's flyadeal to start India flights in Q1 of 2026: CEO
Bullish on the fast-growing Indian aviation market, Saudi Arabia's no-frills carrier flyadeal will start flights to Indian cities, including Mumbai, from the first quarter of 2026.
1 min
November 03, 2025
Business Standard
Use passive funds to build stable, diversified, long-term core portfolio
Avoid need to chop and change funds due tounderperformance; supplement with active funds in satellite portion
3 mins
November 03, 2025
Business Standard
Dubai's kids entertainment brand to debut in India in '26
Kids' luxury entertainment space, Boo Boo Laand, which is present in Dubai Mall, is expected to enter India by 2026, with its first launch in Mumbai's Jio World Plaza, a luxury shopping mall.
1 min
November 03, 2025
Business Standard
GST cut sees 2W owners upgrade to Maruti small cars
The share of small cars in Maruti Suzuki India has gone up sharply after the GST reforms, with the country’s largest carmaker witnessing a new profile of customers this festival season, who want to upgrade from two-wheelers to their first car buoyed up by the recent tax cuts.
2 mins
November 03, 2025
Listen
Translate
Change font size