More about Macrotech Developers Limited
Fundamentals for Macrotech Developers Limited
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Fundamentals for Macrotech Developers Limited
Business Operations:
Sector: Real EstateIndustry: Real Estate - Development
Macrotech Developers Limited, through its subsidiaries, engages in the development of real estate properties in India. The company is involved in the construction and development of residential, office, and retail properties, as well as leasing of retail and office spaces. It also develops warehousing, logistics, and light industrial facilities. The company is involved in facility management, asset management, marketing and sales, and support service activities. It develops properties under the LODHA, LODHA LUXURY, and PALAVA brand names. The company was formerly known as Lodha Developers Limited and changed its name to Macrotech Developers Limited in May 2019. Macrotech Developers Limited was founded in 1980 and is headquartered in Mumbai, India.
Revenue projections:
LODHA's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.
Financial Ratios:
| currentRatio | 1.749000 |
|---|---|
| forwardPE | 18.724976 |
| debtToEquity | 42.238000 |
| earningsGrowth | 0.094000 |
| revenueGrowth | 0.076000 |
| grossMargins | 0.412550 |
| operatingMargins | 0.276230 |
| trailingEps | 34.210000 |
| forwardEps | 47.719690 |
LODHA's current ratio of 1.749, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as LODHA has enough cash and current assets to handle its immediate liabilities comfortably.
Macrotech Developers Limited's Forward PE is at a healthy level, indicating that the stock price is well-positioned relative to its earnings. With the stock not being overvalued, there remains room for future growth, suggesting a balanced opportunity for investors seeking potential upside.
Positive gross and operating margins for LODHA demonstrate the company's profitability. These margins reflect strong financial performance, with efficient operations contributing to the company's ability to generate consistent profits.
LODHA's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that LODHA's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.
Price projections:
LODHA's price projections have been revised downward over time, reflecting a shift in sentiment among analysts. The steady decline in projections points to a more cautious outlook on the company's future performance.
Recommendation changes over time:
The recent buy bias from analysts suggests LODHA is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, LODHA appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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