Stock to BUY: Rs 4810 Crore! Macrotech Developers’ sales hit record high in Q4; brokerage sets fresh target – Markets

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Updated April 8, 2025 11:02 IST

Realty stock

Macrotech Developers Limited is a component of BSE 200. (Image: Istock/Etnow.in)

Macrotech Developers share price: Macrotech Developers Limited is positive after the announcement of its major operational update for brokerage firm Antique Q4Fy25. The company sells assets under the Lodha brand, and is one of the largest real estate companies in the country.

Shares of Macrotech Developers rose 0.45 percent and did a business of Rs 1111.55. The stock was opened in green at the last shutdown of Rs 1120 vs. Rs 1106.60.

Macrotech Developers News, Macrotech Developers Pre-Sales

Macrotech developers recorded a 14 percent increase in sales booking, which holds a record of Rs 4,810 crore, mainly in the fourth quarter of the previous financial year, which helped the company achieve its annual pre-selling target. Its sale booking was Rs 4,230 crore in the year-old period.

In a regulatory filing, Mumbai -based Macrotech Developers informed that the company's sales booking increased by 21 percent to Rs 17,630 crore in the last financial year, which increased from Rs 14,520 crore to Rs 17,630 crore in the earlier year.

Antique has maintained a purchase rating with a target price of Rs 1453. The brokerage firm said, “Lodha has provided impressive growth with 31% CAGR in East-sell from FY12 to FY25. During this quarter, Losha recorded her best-essential east-selling of Rs 4810 crore.

Expect Lodha to maintain a permanent and predicted growth of 15% -20%. Booking Rs 17500 crore in FY25E, INR 210 BN in FY26E, and Rs 25200 CR in FY27E. ,

Macrotech developers share price history

Macrotech Developers Limited is a component of BSE 200. According to BSE Analytics (till 8 April), Macrotech Developers Limited shares fell 3.46 percent and 7.61 percent in the last 1 week and 2 weeks respectively. Depending on YTD, the company's shares fell 18.11 percent. In the last 1 year, the company's shares gave a negative return of 6.51 percent. However, the company's shares received in the last 2 years and 3 years, the company's shares up to 144.01 percent and 91.11 percent respectively.

Macrotech Developers Dividend History

Last year, Macrotech Developers Limited paid a dividend of Rs 2.25. In 2023, the company declared a dividend of RE1.

Macrotech Developers Bonus History

Macrotech Developers released a bonus in a ratio of 1: 1 with the east-day and record date on 31 May.

Macrotech Developers Dividend Yield

At the current market price, the dividend yield of Macrotech Developers Limited is 0.20 percent.

(Disclaimer: The above article is only for informative purposes, and it should not be considered as any investment advice. ET now Digital suggests its readers/viewers to consult their financial advisors before taking decisions related to any money.)

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