Macrotech Developers Ltd - 543287 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
The audio recording of the Analysts/Investors Conference Call held on April 27, 2022, is hosted on Company's website i.e., www.lodhagroup.in Macrotech Developers Ltd - 543287 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper publication of the audited financial results for quarter and year ended March 31, 2022 Q4FY22 Quarterly Result Announced for Macrotech Developers Ltd.
Realty firm Macrotech Developers declares Q4FY22 result: Best ever annual pre-sales of Rs. 14,000+ cr. Highest ever annual India pre-sales of INR 9,024Cr., +51% YoY; best ever quarterly pre-sales of Rs. 3,456 cr UK projects achieved best ever annual pre-sales performance at GBP 531mn (Rs 5,000+cr.) India Net Debt down to INR 9,300 crores Strong Adjusted EBITDA margin for the quarter at ~36%; PAT margin at ~16% Commenting on the performance, Mr. Abhishek Lodha, MD & CEO, Macrotech Developers Ltd. said, “We are extremely pleased to report our best ever quarterly and annual pre-sales performance. It’s a true testimony of the strong brand and the consumer trust that it inspires. On the ground demand for quality housing remains very strong. With each passing quarter, demand only strengthens on the back of rising consumer confidence on the strong real estate brands on the back of growing economy and per capita income. All the segments of portfolio are showing strong interest from consumers. We delivered India pre-sales at INR 9,024 crores for FY22 thus meeting our guidance, despite disruption due to Covid second wave in Apr-May’21 as well as impact of Omicron in Jan’22. Our ‘for-sale’ part of the business outperformed our annual guidance by registering a 57% yoy growth. The growth journey of Indian housing market on the back of rising incomes and favorable demography has just begun. Industry after several years has entered into a positive price-demand cycle enabling conversion of latent demand into actual sales in a shorter time frame. We are very confident of achieving around 25% CAGR growth in pre-sales over medium term. Our JDA strategy will enable us to achieve this growth in a very capital light manner. Our brand, sales & marketing abilities as well as our ability to quickly monetize any land asset continue to make landowners prefer Lodha for maximizing their land value. This has enabled us to sign up 11 JDAs for nearly INR 15,000 cr. GDV during FY22. We expect to maintain this run-rate of new project additions through JDAs. We are also pleased with the performance of our UK investments which continue to outperform our business plan. This has enabled us to pre-pay USD 170 million of the USD bonds a year ahead of its scheduled maturity. The remaining outstanding of USD 55 million will be paid out of receivables from already sold units. Our debt reduction plans will get accelerated as our investment in the UK is repatriated back starting FY23.” Result PDF
Macrotech Developers FY'22 net profit jumps multi-fold to Rs 1,202 crore
Total income rose to Rs 9,579.17 crore in the 2021-22 financial year from Rs 5,771.65 crore in the previous fiscal. Macrotech Developers Ltd - 543287 - Statement Of Deviation(S) Or Variation(S) Under Regulation 32 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.
Statement of Deviation(s) or Variation(s) under Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Macrotech Developers Ltd - 543287 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Allotment of equity shares pursuant to 'Macrotech Developers Limited - Employee Stock Option Plan 2021' Macrotech Developers Ltd - 543287 - Announcement Under Regulation 30 Of SEBI LODR Regulations, 2015
Announcement under Regulation 30 of SEBI LODR Regulations, 2015 for Re-appointment of Directors. Macrotech Developers Ltd - 543287 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation 