Macrotech
Developers Ltd (543287)
closes at ₹644.30 with
a Gain of +2.60% on
21-May-2021 with formation of a Green Candle on Daily Price
Chart.
About the Company : Macrotech Developers Limited, formerly
Lodha Developers Limited, is a residential developer. It is engaged in
developing real estate across the residential and commercial sectors in the
Mumbai, Pune and in London. Its residential portfolio comprises of luxury,
high-end and aspirational developments. It also develops office and retail
projects across markets as standalone developments and in mixed-use format. It
is developing several apartment projects, such as the World Towers at Lower
Parel, Trump Tower Mumbai at Worli and Lodha Altamount at Altamount Road. In
its high-end residential category, it is developing projects, such as The Park
at Worli, Lodha Venezia at Parel, and New Cuffe Parade at Wadala. Aspirational
residential category consists of several projects, including Lodha Eternis at
Andheri, Lodha Luxuria Priva at Thane, Lodha Splendora at Thane and Lodha
Belmondo at Pune. Its brands include Lodha, Lodha Luxury and Palava.
Strength : 1.Macrotech Developers is
targeting to bring down its net debt to zero over the next three years from the
current borrowing level of around Rs 16,000 crore
2..Cos will do Rs 9,000 crore or upward of
sales for FY2022.
3. Company will double its investment on
construction to Rs 2,800 crore in this fiscal.
Financials : Macrotech Developers Ltd has posted Net Sales / Revenue of ₹
5449.00 Cr & Net Profit of ₹40.00Cr in FY2021
and expected to post Net Sales / Revenue of ₹9000.00 Cr & Net
Profit of ₹1927.80 Cr in FY2022.
Valuations : The Company is now Trading at X 43.50 of
its valuations ( FY2021 earnings considered here) and at X0.90 of its FY 2022 earnings , which is now almost ~10% Discount.
Growth
Rate for this cos is 160%, which justify its higher multiple valuation,
If We factor its earnings/valuations, its Price arrives
at ₹714 with
consideration FY2022 earnings.
Disclaimer : We are / may going to take exposure shortly.
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Data
Source | NSE Website | Screener.In | Capital
Line | Money
Control |
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avenues of return based on Fundamental Valuations of Stocks, a follower of EPV
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