Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 13, 2016 9:40 PM ET

Real Estate Management and Development

Company Overview of Lodha Developers Private Limited

Company Overview

Lodha Developers Private Limited provides real estate development services in India and the United Kingdom. It develops and sells residential and commercial properties, including homes, office spaces, IT parks, townships, weekend retreats, and retail spaces. The company was founded in 1980 and is based in Mumbai, India with additional offices in London, Dubai, and Shanghai.

Lodha Excelus

N.M. Joshi Marg

Mahalaxmi

Mumbai,  400 011

India

Founded in 1980

3,810 Employees

Phone:

91 22 2302 4400

Fax:

91 22 2300 0693

Key Executives for Lodha Developers Private Limited

Managing Director, Director, Member of Management Committee, Member of Compensation Committee, Member of Shareholders/Investors Grievance Committee and Member of Allotment Committee
Age: 36
Founder, Chairman, Chairman of Management Committee, Member of Audit Committee, Member of Compensation Committee and Member of Allotment Committee
Age: 60
Chief Financial Officer
Age: 42
Chief Operating Officer, Director and Chairman of Corporate Social Responsibility Committee
Age: 61
President of Finance
Age: 59
Compensation as of Fiscal Year 2015.

Lodha Developers Private Limited Key Developments

Lodha Developers Plans IPO

Lodha Developers Private Limited is considering going public, scaling up its commercial office development portfolio and entering Bengaluru in the medium term, said a top company executive. "We have a lot of well-wishers who are suggesting we go for an IPO, and we are contemplating it, but it won't happen this year," Lodha said. "Lodha will hit the market with its IPO at the right time. There's not much appetite for a real estate IPO in the current market conditions, so Lodha's IPO, which is expected to be a fairly big one, will happen only sometime next year," said a person familiar with the matter, who didn't wish to be named.

Lodha Developers Private Limited Reports Consolidated and Unconsolidated Earnings Results for the Year Ended March 31, 2015

Lodha Developers Private Limited reported consolidated and unconsolidated earnings results for the year ended March 31, 2015. The group reported total income of INR 62,848.24 million, profit before tax and exceptional items of INR 12,732.18 million, profit of INR 7,249.24 million or INR 29.81 per diluted share against total income of INR 47,279.50 million, profit before tax and exceptional items of INR 7,372.97 million, profit of INR 4,205.01 million or INR 17.48 per diluted share a year ago. Total revenue increased by 32.9% primarily due to an increase in revenue from operations by 33.0%. Net cash used in operating activities was INR 2,348.52 million against net cash from operating activities of INR 2,257.84 million a year ago. Purchase of fixed assets was INR 1,381.245 million against INR 1,269.318 million a year ago. On unconsolidated basis, the company reported total income of INR 8,234.85 million, profit before tax and exceptional items of INR 793.39 million, profit of INR 283.08 million or INR 1.20 per diluted share against total income of INR 4,583.81 million, profit before tax and exceptional items of INR 82.12 million, profit of INR 1.35 million or INR 0.01 per diluted share a year ago. Net cash from operating activities was INR 4,127.853 million against net cash used in operating activities of INR 1,808.174 million a year ago. Purchase of fixed assets was INR 11.674 million against INR 19.020 million a year ago.

Lodha Developers International Limited Announces Executive Changes in Lodha Developers Private Limited

Lodha Developers International Limited announced that Mr. Piyush Vora has been appointed as the Chief Financial Officer of Lodha Developers Private Limited (Parent Guarantor). He is a Chartered Accountant by profession and was working with BDO India. Mr. Kishore Tidke, Chief Operating Officer has been appointed as the director of the Parent Guarantor Company. Mr. Anurag Singhvi has ceased to be the Director and CFO of the Parent Guarantor Company.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Lodha Developers Private Limited, please visit www.lodhagroup.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.