Lodha Developers Limited (LODHA) Q1 Results FY27 Preview: Date, Time, Expectations & Key Things To Watch

CompoundingAI Research Updated July 20, 2026 2 min read

Lodha Developers enters its Q1 FY27 results facing a residential market that has shown signs of softening demand after a record-breaking previous fiscal year. Investors will be closely watching whether the company's premium-heavy portfolio can sustain its sales momentum and if management can reverse the cash flow pressure that marked the end of FY26.

Quick Details

Results date	July 24, 2026
Quarter	Q1 FY 2026-2027
Market cap	Rs. 118,662.51 Cr
CMP	Rs. 1188.4

Lodha Developers Limited Q1 Results Date and Time

The board meeting is scheduled for July 24, 2026, to consider the audited financial results and recommend dividend for FY2026.

Key Things To Watch

Operating cash flow and collections: The company's ability to improve cash conversion is the primary focus for this quarter.

Collections-to-pre-sales ratio stood at 73.8% for FY26.
Net debt at the end of Q4 FY26 was approximately Rs. 7,181 Cr.
FY26 operating cash flow reached Rs. 959 Cr, significantly below the Rs. 7,000 Cr guidance.

Pre-sales and demand trajectory: Monitoring whether the premium portfolio can outperform the broader market slowdown.

National residential sales fell 6% in Q2 2026 per ANAROCK data.
Lodha achieved Rs. 20,530 Cr in pre-sales during FY26, marking a 16% YoY increase.

Strategic execution and project additions: Tracking the pace of new project launches amid a softer demand environment.

Record GDV addition of Rs. 58,800 Cr in 9M FY26, exceeding the Rs. 25,000+ Cr annual guidance.

Frequently Asked Questions

What was the company's net debt position at the end of the previous fiscal year?

Net debt stood at approximately Rs. 7,181 Cr as of March 31, 2026, calculated from total borrowings of Rs. 9,884 Cr minus cash of Rs. 2,703 Cr. This followed a period where operating cash flow significantly lagged management's initial expectations.

How did the company's operating margins perform in the most recent quarter?

The company reported an operating margin of 34.97% in Q4 FY26, representing a 300 bps expansion on a quarterly basis. This followed a full-year margin compression of 214 bps to 33.89%.

Is the company's pre-sales growth consistent with the broader national market?

While Lodha achieved 16% YoY pre-sales growth in FY26, the national market has shown signs of moderation, with ANAROCK reporting a 6% decline in sales across top cities during Q2 2026. Management is now tasked with demonstrating whether their premium-focused portfolio can maintain momentum against these sector-wide headwinds.