Macrotech Developers has allotted 83,375 equity shares under ESOS on 10 December 2024. Powered by Capital Market - Live

Janus Logistics and Industrial Parks (JLIPPL) engaged in the business of construction and development of warehousing and logistics assets. The total turnover for last 3 years is NIL as JLIPPL has no business operations. The acquisition is in pursuance of the company's planned strategy for calibrated growth in Digital Infrastructure viz industrial and logistics under the LILP (Lodha Industrial and Logistics Park) brand. The company has acquired 100% equity stake in JLIPPL from Phoenix Logistics and Industrial Parks. Macrotech Developers (Lodha Group) is among the largest real estate developer in India that delivers with scale since 1980s. Core business of Lodha Group is residential real estate development with a focus on affordable and mid-income housing. The company's consolidated net profit surged 109.46% to Rs 422.9 crore on 50.07% jump in revenue from operations to Rs 2,625.7 crore in Q2 FY25 over Q2 FY24. The scrip fell 1.66% to close at Rs 1,253.45 on Friday, 29 November 2024.Powered by Capital Market - Live

Macrotech Developers, a leading real estate firm, sells properties under Lodha brand. The company informed that it has executed Securities Purchase Agreements ('SPAs') with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 ('Bain Capital') for acquisition of their interest in the Digital Infrastructure Platform entities (viz. Bellissimo Digital Infrastructure Development Management Private Limited, Palava Induslogic 4 Private Limited and Bellissimo In City FC Mumbai 1 Private Limited), in entirety at a consideration of Rs 307 crore Bain Capital had a 30% stake in Bellissimo Digital Infrastructure Development Management and a 33.33% stake each in the other two entities. This is in line with the company's objective of gradually growing its annuity income. This is in pursuance of our planned strategy for calibrated growth in our annuity income through digital infrastructure viz. industrial and logistics under the LILP (Lodha Industrial and Logistics Park) brand, the company said. In September 2024, Macrotech Developers acquired the interest of Ivanhoe Warehousing India Inc (Ivanhoe) in the digital infrastructure platform entities. Macrotech Developers (Lodha Group) is among the largest real estate developer in India that delivers with scale since 1980s. Core business of Lodha Group is residential real estate development with a focus on affordable and mid-income housing. Its consolidated net profit surged 109.46% to Rs 422.9 crore on 50.07% jump in revenue from operations to Rs 2,625.7 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

Macrotech Developers Ltd rose 1.68% today to trade at Rs 1238.05. The BSE Realty index is up 0.65% to quote at 7952.89. The index is down 1.13 % over last one month. Among the other constituents of the index, Phoenix Mills Ltd increased 1.5% and Oberoi Realty Ltd added 1.13% on the day. The BSE Realty index went up 53.7 % over last one year compared to the 23.55% surge in benchmark SENSEX. Macrotech Developers Ltd has added 6.04% over last one month compared to 1.13% fall in BSE Realty index and 1.66% drop in the SENSEX. On the BSE, 2911 shares were traded in the counter so far compared with average daily volumes of 38882 shares in the past one month. The stock hit a record high of Rs 1648 on 18 Jun 2024. The stock hit a 52-week low of Rs 822.5 on 07 Nov 2023.Powered by Capital Market - Live

Macrotech Developers has executed Securities Purchase Agreements (SPAs) with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) for acquisition of their interest in the Digital Infrastructure Platform entities (viz. Bellissimo Digital Infrastructure Development Management , Palava Induslogic 4 and Bellissimo In City FC Mumbai 1 ), in entirety at a consideration of Rs 307 crore, subject to fulfilment of certain closing conditions. This is in pursuance of our planned strategy for calibrated growth in our annuity income through Digital Infrastructure viz. Industrial and Logistics under the LILP (Lodha Industrial and Logistics Park) brand, the company said. Powered by Capital Market - Live

Macrotech Developers has allotted 78,328 equity shares of Rs.10/- each on October 29, 2024, pursuant to the Macrotech Developers Limited - Employee Stock Option Scheme 2021 ' II.Powered by Capital Market - Live

The realtor reported pre-sales of Rs 4,290 crore in second quarter of FY25, recording a growth of 21% on a YoY basis. Collections grew by 11% YoY at Rs 3,070 crore during the quarter. The company stated that it reported best ever quarterly pre-sales performance of Rs 4,290 crore despite the inauspicious 'Shradhh' period falling in September this FY (vs October in FY24). The firm sold land for Data Centre at Palava to a global data center major at Rs 120 million per acre, making the emergence of Palava as key data center hub. It also added four more projects in Pune and Bengaluru during the quarter with total GDV of Ra 5,500 crore. Profit before tax stood at Rs 559.9 crore in September 2024 quarter, registering a growth of 111.12% on YoY basis. Total expenses spiked 42.95% YoY to Rs 2,124.1 crore during the quarter. Cost of projects stood at Rs 1,572 crore (up 57.36% YoY) and employee benefits expense came in at Rs 140.3 (up 21.68% YoY). Adjusted EBITDA jumped 36.73% to Rs 1,340 crore in the March quarter as against Rs 980 crore recorded in Q4 FY23. Adjusted EBITDA margin improved to 33% in Q4 FY24 as compared to 30% registered in the same period a year ago. For FY24, the real estate developer reported a consolidated net profit of Rs 1549.1 crore, steeply higher than Rs 486.7 crore reported in FY23. Revenue from operations grew 8.93% YoY to Rs 10316.1 crore in FY24. Abhishek Lodha, MD & CEO, Macrotech Developers, said, ''We achieved our best ever quarterly Pre-sales performance of INR 42.9bn in Q2FY25 which is a seasonally weak quarter due to Monsoons. Additionally, the quarter was impacted by the inauspicious 'Shraddh' period in September this year (vs. October in FY24) as well as excessive rains. Despite this disruption, we achieved our 3 nd consecutive quarter of INR 40bn+ Pre-sales showcasing the consistency and predictability in our business model. What was heartening to note is that these strong Pre-sales have come along side robust embedded EBITDA margins of 34% indicating a continued strong profitability in the underlying business. We have achieved INR 83bn of Pre-sales in H1FY25 and with the festive season well underway, we are on track to achieve our guidance of INR 175bn Pre-sales for FY25. Early signs of festive season suggest robust demand for quality branded housing on the back of strong affordability and consumer optimism. Intense competition among mortgage providers coupled with the expected downward trajectory for rate cycle in the 2HFY25 will provide further tailwind for the sector especially in the mid-income segment where we have a sizeable presence.' Macrotech Developers (Lodha Group) is among the largest real estate developer in India that delivers with scale since 1980s. Core business of Lodha Group is residential real estate development with a focus on affordable and mid-income housing. The scrip rose 1.53% to close at Rs 1,081.50 on Friday, 25 October 2024.Powered by Capital Market - Live

Net profit of Macrotech Developers rose 109.46% to Rs 422.90 crore in the quarter ended September 2024 as against Rs 201.90 crore during the previous quarter ended September 2023. Sales rose 50.07% to Rs 2625.70 crore in the quarter ended September 2024 as against Rs 1749.60 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales2625.701749.60 50 OPM %26.8123.55 - PBDT626.40294.50 113 PBT559.90265.20 111 NP422.90201.90 109 Powered by Capital Market - Live

Macrotech Developers will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live

The company's collections stood at Rs 3,070 crore in Q2 FY25, up 11% as compared with Rs 2,750 crore in Q2 FY24. The company added four projects in Pune and Bengaluru, having Rs 5,500 crore of GDV. Business development for the 1st half of the fiscal stands at Rs 1,660 crore, which is more than 75% of full year guidance of Rs 2,100 crore. Additionally, the company has acquired approximately 45 acres of land for its digital infrastructure (warehousing and industrial) business in Chennai, as well as entered into agreement to increase its stake in the rental income (PropCo) from Digital Infrastructure platform to 66.7% (from earlier around 33%). It continue to see further opportunities to scale Digital Infrastructure portfolio. Net debt is Rs 4,920 crore, well below the ceiling of 0.5x net debt/equity. Macrotech Developers (Lodha Group) is among the largest real estate developer in India that delivers with scale since 1980s. Core business of Lodha Group is residential real estate development with a focus on affordable and mid-income housing. The company's consolidated surged to Rs 475.90 crore in Q1 FY25 as compared with Rs 178.40 crore in Q1 FY24. Net sales jumped 76% YoY to Rs 2,84,650 crore in Q1 FY24. The counter fell 0.33% to end at Rs 1,171.85 on Friday, 4 October 2024. Powered by Capital Market - Live