Macrotech Developers Limited , a prominent real estate developer in India, has reported exceptional performance for the fourth quarter of fiscal year 2025, setting new benchmarks in the industry.

Record-Breaking Pre-Sales Performance

Macrotech Developers achieved its best-ever quarterly pre-sales performance in Q4FY25, reaching ₹48.10 billion. This represents a significant year-over-year growth of 14% compared to the same quarter in the previous fiscal year. The company's strong performance in Q4 contributed to an impressive annual pre-sales figure of ₹176.30 billion for FY25, marking a 21% increase from FY24 and surpassing the company's own guidance for the fiscal year.

Robust Collections and Financial Health

The company's collections showed remarkable growth, with Q4FY25 collections reaching ₹44.40 billion, a 26% year-over-year increase. For the full fiscal year 2025, collections stood at ₹144.90 billion, demonstrating a substantial 29% growth compared to FY24.

Despite significant investments in business development, Macrotech Developers managed to reduce its net debt by ₹3.20 billion during the quarter, bringing it down to ₹39.90 billion. This reduction keeps the company's net debt well below its targeted ceiling of 0.5x Net Debt/Equity ratio, reflecting strong financial management.

Expansion and Market Penetration

In Q4FY25, Macrotech Developers added two new projects in Pune with a Gross Development Value (GDV) of ₹43.00 billion, bringing its total locations in Pune to nine. This strategic expansion sets the stage for increased market share in the Pune real estate market.

Throughout FY25, the company added 10 new projects (excluding Digital Infrastructure projects) across Mumbai Metropolitan Region (MMR), Bengaluru, and Pune, with a combined GDV of approximately ₹237.00 billion. This expansion surpassed the company's full-year guidance of ₹210.00 billion, demonstrating aggressive growth strategies.

Digital Infrastructure and Credit Rating Upgrade

Macrotech Developers also made strides in its Digital Infrastructure segment, focusing on warehousing and industrial projects. The company added two new locations in NCR and Chennai while acquiring its joint venture partner's stake in an existing platform.

The company's consistent performance and strong balance sheet have been recognized by India Ratings, which upgraded Macrotech Developers' credit rating to IND AA/(Stable).

Performance Summary

Macrotech Developers' stellar performance in Q4FY25 and throughout the fiscal year 2025 showcases the company's strong market position and effective growth strategies in the Indian real estate sector . With record-breaking pre-sales, robust collections, and strategic expansions, the company has demonstrated significant progress in the current fiscal year.

Macrotech Developers Limited , a prominent real estate developer, has reported a serious case of alleged forgery and trademark misuse involving certain entities of House of Abhinandan Lodha (HoABL). The company has discovered fabricated board resolutions and a forged PAN card, which were allegedly used to obtain approval for using Macrotech's trademarks.

Key Allegations

• Fabricated Board Resolutions: HoABL entities allegedly used fake board resolutions of Macrotech Developers, containing a no-objection for the use of the company's trademarks. These resolutions were reportedly filed with government authorities.

• Forged Signatures: The signature of an independent director on these board resolutions is claimed to be forged and significantly different from their actual signature.

• Altered PAN Card: A manipulated copy of the independent director's PAN card was reportedly attached to support the applications, with changes to the signature and photograph.

Company's Response

Macrotech Developers has taken swift action in response to these serious allegations:

1. Board Meeting: The company's Board of Directors held a meeting on April 2, 2025, to review the relevant documents and discuss the situation.

2. Special Committee: A Special Committee of Directors has been formed to investigate the matter thoroughly and pursue appropriate legal action.

3. Exclusion of Abhishek Lodha: At his own request, Mr. Abhishek Lodha has been excluded from the Special Committee to ensure an impartial investigation.

Implications and Next Steps

The alleged actions by HoABL entities have potentially serious implications:

• Trademark Infringement: At least two HoABL companies reportedly changed their corporate names to include 'LODHA', which is a registered trademark of Macrotech Developers.

• Business Impact: These companies have allegedly used the changed names for their business activities, potentially capitalizing on Macrotech's brand reputation.

• Legal Action: Macrotech Developers has indicated its intention to take appropriate legal measures against this alleged conspiracy to misuse the company's goodwill, brand, and registered trademark.

Background and Transparency

This development follows previous intimations by Macrotech Developers on January 22 and February 27, 2025, regarding a lawsuit filed against HoABL entities for infringing the company's Intellectual Property Rights (IPR) and passing off.

Macrotech Developers has assured transparency by uploading this information on their official website and notifying the stock exchanges. The company has emphasized its commitment to protecting its intellectual property and brand value, which are crucial assets in the competitive real estate market.

Conclusion

As this situation unfolds, investors and stakeholders will be closely watching the outcomes of the Special Committee's investigation and any subsequent legal proceedings. The resolution of this case could have significant implications for both Macrotech Developers and the broader industry in terms of brand protection and corporate governance standards.