Macrotech Developers’ net debt fell by 7 per cent in the January-March quarter (Q4FY25) to Rs 3,990 crore on strong housing sales and fund collections from customers. The company's net debt stood at little over Rs 4,300 crore at the end of December 31, 2024. The reduction has been achieved despite significant investment in acquiring land parcels for future development.
The company buys land outright and also partners with landowners to develop housing projects. The company’s internal cash flow remained strong in FY25 due to record sales bookings and healthy fund collections from customers. The company’s sale bookings grew 21 per cent in FY25 to a record Rs 17,630 crore, from Rs 14,520 crore in 2023-24 financial year. Its collection from customers grew 29 per cent to Rs 14,490 crore in FY25, from Rs 11,260 crore in the 2023-24 fiscal. Strong sales and collections helped the company in significant investment in land acquisitions.
Macrotech Developers is primarily engaged in affordable residential real estate developments and in 2019, it entered into the development of logistics and industrial parks and also develop commercial real estate.
| Company Name | CMP |
|---|---|
| Lodha Developers | 875.75 |
| Dilip Buildcon | 450.60 |
| DLF | 607.70 |
| Oberoi Realty | 1724.10 |
| Ahluwalia Contract(I | 866.35 |
| View more.. | |
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