MacroTech Developers Q1 pre-sale value surges 10% to ₹4,450 crore; collections up 7%

MacroTech Developers announced its operational updates for the first quarter of FY26, reporting a 10% year-on-year (YoY) pre-sale growth to ₹4,450 crore compared to ₹4,030 crore in the corresponding quarter last year.

The realtor realised the pre-sale growth, despite losing out on approximately two weeks of activity due to geopolitical tensions in the first half of the quarter. However, the company expects to make up for the loss of activity over the second quarter of FY26. Furthermore, the firm remains on track to achieve its presale guidance of ₹21,000 crore, bolstered by its launch pipeline in Q2FY26, MacroTech Developers said in a regulatory filing.

In the quarter under review, the real estate firm’s collections stood at ₹2,880 crore, jumping 7% YoY from ₹2,690 crore in the year-ago period. While the collections were in line with MacroTech’s business plan, the firm expects significantly higher collections in the second half of the year than in the first half.

However, the realtor had a net debt of ₹5,080 crore, standing under its ceiling of 0.5 times the net debt/equity.

MacroTech added five new projects across Mumbai Metropolitan Region (MMR), Pune and Bengaluru with a gross development value of ₹22,700 crore, which is more than 90% of the full year guidance of ₹25,000 crore, “showcasing a robust pipeline”, the filing stated.

Name Change

The realty company is also set to change its name from Macrotech Developers Limited to Lodha Developers Limited, with effect from July 11, 2025, it said in a separate regulatory filing.

Shares of Macrotech Developers closed 0.58% higher at ₹1,376.00 apiece on the National Stock Exchange (NSE) on Monday. However, the company reported its Q1 business updates after the market closed.

Macrotech Developers has a total market capitalisation of ₹1.37 lakh crore, as of July 7, 2025, as per the data on the NSE.