Lodha Developers Ltd

Share Allocation

• Allotted 44,715 equity shares of ₹10 on 21 August 2026 under Lodha ESOP 2021-II.

Meeting Details

• Date: August 12, 2026; Conference: Emkay Investor Conference; Type: unspecified; Mode: unspecified.
• Date: August 17, 2026; Conference: Motilal Oswal Investor Conference; Type: unspecified; Mode: unspecified.
• Date: September 1, 2026; Conference: Elara India Conference; Type: unspecified; Mode: unspecified.
• Date: September 16, 2026; Conference: Jefferies India Forum; Type: In-person (one-to-one & group); Mode: In-person.
• Date: September 21, 2026; Conference: J.P. Morgan India Conference; Type: unspecified; Mode: unspecified.
• Date: September 22, 2026; Conference: Anand Rathi India Conference; Type: unspecified; Mode: unspecified.

Additional Notes

• Presentations to be discussed will be available on the company website.

Financial Performance

• Q1 revenue INR 50 billion, up 43% YoY.
• Adjusted EBITDA INR 21.5 billion, up 79% YoY; margin 43%.
• PAT INR 13.7 billion; PAT margin 26.9% vs 18.6% YoY.
• Guidance: 20% PAT growth for FY27; Q1 delivered 33% of target.
• Cash collections INR 42.1 billion; operating cash flow INR 18.9 billion.
• Net debt reduced by INR 4.5 billion to under INR 50 billion.
• Net debt to equity ~0.2x.

Data Center and Land Monetization

• 660 acres Palava data-center park; 130 acres monetized; 150 more in 3–4 years.
• 150 acres more monetizable; sales close to INR 10,000 crores.
• Phase 1 funds ~90 acres for 1 GW powered shell; INR 20B annual rent by FY32.
• 3 GW power tie-up; water from recycled sources; no freshwater.
• Fair market value estimated at ~INR 650 million per acre.
• Top tenants: AWS, STT, Digital Edge India confirming park viability.
• Leasing first boxes to conclude this fiscal year; wholesale powered-shell model.

Q&A Highlights

• Land sales ~INR 1,200 crores; revenue recognition 85–90%; PAT ~INR 600 crores.
• 660 acres now part of Maharashtra green data center; 400 acres earlier earmarked.
• 0 freshwater usage; recycled water supply 3,500 MLD.
• Palava premium pricing up 5–7% in near term; 10% conversion milestone targeted.
• 3 GW power tie-up; wholesale discussions; turnkey model not yet pursued.
• Fair market land value ~INR 650 million per acre.

Outlook and Guidance

• FY27 pre-sales guidance reaffirmed at INR 240 billion.
• H1 to contribute 40–42% of full-year sales.
• Mulund-Airoli-Palava Freeway and Upper Thane connector open after monsoon.
• DevCo debt-free in 2–3 years; RentCo target INR 30B by FY32.
• ROE at ~16% in FY26; moving toward 20%.

Meeting Details

• July 27, 2026; time not disclosed; Earnings Conference Call (group).

Participants

• Company Secretary & Compliance Officer represented.

Purpose

• Discuss unaudited quarter ended June 30, 2026 results.

Additional Notes

• Audio recording of the call is hosted on the company website.

Key financials

• Consolidated total income Rs 50,967 mn; net profit Rs 13,697 mn.
• Consolidated total expenses Rs 33,226 mn.

Standalone results

• Standalone total income Rs 44,934 mn; net profit Rs 10,495 mn.
• Standalone EPS Basic Rs 10.51; Diluted Rs 10.48.

Auditors & assurance

• Independent auditor MS KA & Associates gave an unmodified conclusion.
• Limited review for consolidated and standalone results.

Debt & capital structure

• Total listed secured NCDs outstanding as of 30-Jun-2026: Rs 28,036 mn.
• Auditor certificates cover NCDs: Rs 15,000m; Rs 2,500m; Rs 13,000m.
• NCLT merger scheme filed 11-Jun-2026; absorption of National Standard India and Roselabs Finance; awaiting approvals.
• Standalone results prepared without impact of merger scheme.

Operations & reporting

• Group operates in single segment: Real estate development.
• Results uploaded on LodhaGroup.com.

Meeting Details

• Date and time: July 27, 2026, 1:00 PM IST; group virtual conference call.

Participants

• Key company participant: Company Secretary & Compliance Officer.

Purpose

• Discuss Q1 results for quarter ended June 30, 2026 with investors.

Additional Notes

• Conference name: Analysts/Investors Conference Call – Results for quarter ended June 30, 2026.
• Organiser: Lodha Developers Limited.
• Pre-registration details; intimation uploaded on company website.

Meeting Details

• Board meeting on July 24, 2026; time and venue not disclosed.

Key Agenda Items

• To consider and approve unaudited consolidated and standalone financial results for quarter ended June 30, 2026.