Macrotech Developers Ltd’s fundamental analysis highlights key financial metrics: Market Cap of ₹128,166.85 crore, PE Ratio of 82.74, Debt to Equity of 43.79 and Return on Equity of 10.23%. These indicators reflect the company’s financial health and market valuation.
Macrotech Developers Ltd Overview
Macrotech Developers Ltd is an Indian multinational real estate company. It operates in the real estate sector, developing residential and commercial properties in major cities across India and London.
The company is listed on both the NSE and BSE. With a market capitalization of ₹128,166.85 crore, it’s currently 28.11% away from its 52-week high and 100.91% away from its 52-week low.
Macrotech Developers Ltd Financial Results
Macrotech Developers Ltd has demonstrated strong financial performance with a steady increase in sales, profitability, and net profit. In FY24, the company’s overall financial growth was significant compared to FY23, reflecting its improving operational efficiencies and financial stability across various parameters.
- Revenue Trend: The sales in FY24 amounted to ₹10,316 crores, a 9% increase from ₹9,470 crores in FY23.
- Equity and Liabilities: The equity capital increased to ₹994.50 crores from ₹481.80 crores in FY23, with total liabilities rising to ₹47,225 crores in FY24 from ₹39,155 crores.
- Profitability: Max Healthcare’s operating profit grew to ₹2,676 crores in FY24, up from ₹2,066 crores in FY23, with an OPM% of 25.56% versus 21.50%.
- Earnings per Share (EPS): The EPS for FY24 stood at ₹15.58, an increase from ₹10.10 in FY23.
- Return on Net Worth (RoNW): RoNW improved significantly with net profit rising to ₹1,554 crores in FY24, up from ₹489.50 crores in FY23.
- Financial Position: Non-current assets were ₹2,668 crores in FY24, while current assets increased to ₹44,558 crores from ₹35,750 crores in FY23. Total assets rose to ₹47,225 crores from ₹39,155 crores.
Macrotech Developers Ltd Financial Analysis
| FY 24 | FY 23 | FY 22 | |
| Sales | 10,316 | 9,470 | 9,233 |
| Expenses | 7,640 | 7,404 | 7,109 |
| Operating Profit | 2,676 | 2,066 | 2,125 |
| OPM % | 25.56 | 21.5 | 22.18 |
| Other Income | 48.5 | -1,037 | 345.97 |
| EBITDA | 2,829 | 2,207 | 2,471 |
| Interest | 480 | 479 | 680 |
| Depreciation | 204 | 93 | 75 |
| Profit Before Tax | 2,041 | 458 | 1,716 |
| Tax % | 23.2 | -8.08 | 29.61 |
| Net Profit | 1,554 | 490 | 1,209 |
| EPS | 16 | 10 | 25 |
| Dividend Payout % | 14.44 | 19.8 | 0 |
* Consolidated Figures in Rs. Crores
Macrotech Developers Limited Company Metrics
Macrotech Developers Ltd’s company metrics include a market capitalization of ₹128,166.85 crore, a book value per share of ₹176 and a face value of ₹10. With a debt-to-equity ratio of 43.79, a return on equity of 10.23% and a 0.17% dividend yield, these figures underscore the company’s financial position and investment profile.
Market Capitalization: Market Capitalization represents the total market value of Macrotech Developers’ outstanding shares, amounting to ₹128,166.85 crore.
Book Value: The book value per share of Macrotech Developers is ₹176, indicating the value of the company’s net assets divided by its outstanding shares.
Face Value: The face value of Macrotech Developers’ shares is ₹10, which is the original cost of the shares as stated on the certificate.
Asset Turnover Ratio: The asset turnover ratio of 0.24 measures how efficiently Macrotech Developers uses its assets to generate revenue.
Total Debt: The total debt of ₹7,684.4 crore represents the sum of all short-term and long-term debt obligations of Macrotech Developers.
Return on Equity (ROE): The ROE of 10.23% measures Macrotech Developers’ profitability in generating income from its equity investments.
EBITDA (Q): The quarterly EBITDA of ₹828.2 crore represents Macrotech Developers’ earnings before interest, taxes, depreciation and amortization.
Dividend Yield: The dividend yield of 0.17% shows the annual dividend payment as a percentage of Macrotech Developers’ current share price, indicating the return on investment from dividends alone.
Macrotech Developers Ltd Stock Performance
Macrotech Developers Ltd has shown remarkable returns over the past few years. For 1 year, the return on investment (ROI) stands at 66.0%, and for 3 years, it stands at 36.9%, showcasing strong growth potential for investors.
| Period | Return on Investment (%) |
| 1 Year | 66.0 |
| 3 Years | 36.9 |
Example: If you invest ₹1,000 in Max Healthcare:
1 year ago, your investment would now be worth ₹1,660.
3 years ago, your investment would have grown to ₹2,369.
Macrotech Developers Peer Comparison
Macrotech Developers Ltd, with a CMP of ₹1,395.85 and a market cap of ₹1,38,916.86 crores, has a P/E ratio of 72.08 and ROE of 10.74%. Its 1-year return stands at 88.48%, slightly behind Ganesh Housing’s 90.43% and NCC’s impressive 109.55% return.
| Name | CMP Rs. | Mar Cap Rs.Cr. | P/E | ROE % | EPS 12M Rs. | 1Yr return % | ROCE % | Div Yld % |
| Macrotech Devel. | 1395.85 | 138916.86 | 72.08 | 10.74 | 18.78 | 88.48 | 11.06 | 0.16 |
| NCC | 314.95 | 19774.03 | 25.77 | 11.41 | 11.9 | 109.55 | 22.1 | 0.7 |
| National Standard | 4572.05 | 9144.1 | 627.17 | 5.85 | 7.29 | -4.55 | 7.92 | 0 |
| Mahindra Life. | 538.1 | 8343.76 | 72.4 | 4.66 | 7.44 | -3.24 | 2.01 | 0.49 |
| Man Infra | 190.82 | 7102.09 | 24.46 | 24.13 | 7.96 | 31.65 | 29.39 | 0.85 |
| Ganesh Housing | 850.45 | 7091.66 | 17.16 | 41.58 | 49.55 | 90.43 | 45.01 | 1.29 |
| PSP Projects | 673.4 | 2669.48 | 21.98 | 14.44 | 32.86 | -14.99 | 19.08 | 0.37 |
Macrotech Developers Shareholding Pattern
Macrotech Developers Ltd’s shareholding pattern as of June 2024 shows promoters holding 72.13%, down from 74.92% in December 2023. FII increased their stake to 24.18%, while DII’s share decreased to 2.96%. Retail and others slightly decreased to 0.72%.
| All values in % | Jun-24 | Mar-24 | Dec-23 |
| Promoters | 72.13 | 72.16 | 74.92 |
| FII | 24.18 | 23.79 | 21.09 |
| DII | 2.96 | 3.32 | 3.21 |
| Retail & others | 0.72 | 0.73 | 0.78 |
Macrotech Developers Ltd History
Macrotech Developers, formerly known as Lodha Developers, is an Indian multinational real estate company founded in 1980 by Mangal Prabhat Lodha. Headquartered in Mumbai, it has established itself as a prominent player in the Indian real estate market.
The company has developed numerous residential and commercial properties across major cities including Mumbai, Thane, Hyderabad and Pune, as well as in London. Notable projects include Lodha Altamount, The World Towers, and Trump Tower Mumbai, showcasing the company’s focus on luxury developments.
Macrotech Developers is also recognized for its ambitious Palava project, an integrated smart city near Mumbai. The company went public on April 19, 2021, listing on Indian stock exchanges as Macrotech Developers, marking a significant milestone in its corporate history.
How To Invest In Macro Tech Developers Share?
To invest in Macrotech Developers shares, open a demat account with Alice Blue. Research the company’s fundamentals, financial performance and position in the real estate sector. Analyze historical stock data and compare it with industry peers.
Determine your investment strategy based on your financial goals and risk tolerance. Consider factors such as real estate market trends, the company’s project pipeline and economic conditions affecting property demand. Decide on the investment amount and timing.
Place your order through the broker’s platform. Regularly monitor your investment, staying updated on company news, quarterly results and real estate industry trends. Consider seeking advice from a financial advisor for personalized guidance and to ensure your investment aligns with your overall portfolio strategy.
Macrotech Developers Fundamental Analysis – FAQs
Macro Tech Developers Ltd’s fundamental analysis reveals a Market Cap of ₹128,166.85 crore, PE Ratio of 82.74, Debt to Equity of 43.79 and Return on Equity of 10.23%. These metrics provide insights into the company’s financial health, profitability and market valuation.
Macrotech Developers’ market capitalization is ₹128,166.85 crore. This figure represents the total value of the company’s outstanding shares in the stock market, calculated by multiplying the current stock price by the number of outstanding shares.
Macrotech Developers Limited, formerly known as Lodha Developers, is a leading Indian real estate company. It specializes in developing residential and commercial properties across major cities in India and London, known for its luxury projects and integrated township developments.
Macrotech Developers is primarily owned by the Lodha family, with Abhishek Lodha serving as the Managing Director and CEO. As a publicly listed company, ownership is distributed among promoters, institutional investors and public shareholders through stock market participation.
The main shareholders of Macrotech Developers Ltd include the Lodha family as promoters, along with institutional investors and public shareholders. For the most current and accurate information on major shareholders, refer to the company’s latest shareholding pattern disclosure.
Macrotech Developers operates in the real estate development industry. The company specializes in residential and commercial property development, focusing on luxury housing, integrated townships and mixed-use projects in major urban centres across India and London.
To invest in Macrotech Developers shares, open a demat account with Alice Blue. Research the company’s performance and real estate sector trends. Decide on your investment strategy. Place your order through the broker’s platform. Regularly monitor your investment, staying informed about market conditions. Consider seeking financial advice for personalized guidance.
Determining if Macrotech Developers is overvalued or undervalued requires analyzing its financials, growth prospects, industry position and peer comparison. Consider factors like PE ratio, future earnings potential and real estate market trends. Consult recent analyst reports for expert opinions on the company’s valuation.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
