Lodha Developers aims to increase its annual net profit to over Rs 8,500 crore by fiscal 2031, targeting a 20% CAGR. The company plans to leverage a strong land bank and sustained demand in the Indian housing market to drive this growth.
Lodha Developers Ltd will launch residential properties worth nearly Rs 22,000 crore during fiscal 2026-27, planning 15 million sq ft for sale with estimated revenue of Rs 21,800 crore. The company aims for 17% growth in sales bookings to Rs 24,000 crore, following 16% growth last fiscal to Rs 20,530 crore. Projects will span Mumbai Metropolitan Region, Pune, Bengaluru, and Delhi-NCR.
Nuvama's Aakash K Hindocha recommends buying Lodha Developers (target Rs 1046), Premier Energies (target Rs 1160), and HDFC Asset Management Company (target Rs 3000) as top stock picks for April 30, 2026. The analyst provides specific entry prices, stop-loss levels, and technical analysis for each stock. Nifty is seen ranging between 23750-24300 while Bank Nifty shows bearish breakdown below 55700 with downside targets of 54900/54500.
