Risk Reward Update: Lodha Developers Limited | Asia Pacific

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M

Update

August 17, 2026 04:26 PM GMT

Lodha Developers Limited | Asia Pacific

Morgan Stanley Asia Limited+

Praveen K Choudhary

Equity Analyst

Risk Reward Update

What’s Changed

Updated Components

EPS

Investment Thesis

Bull Base Bear Scenarios

Lodha Developers Limited (LODH.NS, LODHA IS)

India Property | India

Risk Reward for Lodha Developers Limited (LODH.NS) has been

updated

Reason for change

We make limited changes to our estimates post F1Q27 results,

F2027-29e EPS decline marginally as we fine-tune ASP assumptions for ready

inventory.

Stock Rating

Industry View

Price target

Shr price, close (Aug 17, 2026)

52-Week Range

Overweight

Attractive

Rs1,450.00

Rs1,254.00

Rs1,344.95-650.80

Fiscal Year Ending

03/26 03/27e 03/28e 03/29e

EPS (Rs)**

Prior EPS (Rs)**

34.34

40.38

40.58

48.16

48.38

54.69

54.92

Unless otherwise noted, all metrics are based on Morgan Stanley ModelWare

framework

** = Based on consensus methodology

e = Morgan Stanley Research estimates

We make no changes to our broader earnings outlook, and thus our PT and scenario

values are unchanged.

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