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Lodha DevelopersNSE:LODHA +0.90%88 Return-on-Tangible-Equity is 17.49% as of Mar. 2026, which is 14% above its 10-year median of 15.40. GuruFocus rates NSE:LODHA with a GF Score™ of 88/100 and a GF Value™ of ₹1,627.40 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,714 Real Estate companies, Lodha Developers ranks better than 85.01% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Lodha Developers's annualized net income for the quarter that ended in Mar. 2026 was ₹40,316 Mil. Lodha Developers's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹230,571 Mil. Therefore, Lodha Developers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.49%.
The historical rank and industry rank for Lodha Developers's Return-on-Tangible-Equity or its related term are showing as below:
NSE:LODHA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1 Med: 15.4 Max: 121.59
Current: 16.1
During the past 9 years, Lodha Developers's highest Return-on-Tangible-Equity was 121.59%. The lowest was 1.00%. And the median was 15.40%.
NSE:LODHA's Return-on-Tangible-Equity is ranked better than 85.01% of 1714
companies
in the Real Estate industry
Industry Median: 4.27
vs NSE:LODHA: 16.10
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Lodha Developers Return-on-Tangible-Equity Related Terms
Lodha Developers Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Lodha Developers's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Real Estate - Development subindustry, Lodha Developers's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lodha Developers Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Lodha Developers's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lodha Developers's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 17.49% mean?
Lodha Developers (NSE:LODHA) has a Return-on-Tangible-Equity of 17.49% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Lodha Developers and its competitors. This is 14% above median its historical median of 15.40. Over the past decade, Lodha Developers' Return-on-Tangible-Equity has ranged from 1.00 to 121.59. According to the industry distribution chart, Lodha Developers ranks #257 out of 1714 companies in the Real Estate industry, placing it in the top 15%.
Is Lodha Developers' Return-on-Tangible-Equity too high?
Lodha Developers' current Return-on-Tangible-Equity of 17.49% is 14% above median its 10-year median of 15.40. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 121.59. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Lodha Developers' value of 17.49% is 309.6% above this industry median. Based on the distribution chart, Lodha Developers ranks #257 out of 1714 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Lodha Developers has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lodha Developers' Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Lodha Developers ranks #257 out of 1714 companies for Return-on-Tangible-Equity. This places Lodha Developers in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.27. Lodha Developers' value of 17.49% is 309.6% above this benchmark. Historically, Lodha Developers' own Return-on-Tangible-Equity has ranged from 1.00 to 121.59 over the past decade. While the company's 10-year median is 15.40 vs. the industry median of 4.27, Lodha Developers has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,714 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lodha Developers's current Return-on-Tangible-Equity of 17.49% is 309.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Lodha Developers and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lodha Developers's current Return-on-Tangible-Equity is 17.49%, which is 14% above median its own 10-year median of 15.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lodha Developers stock overvalued right now?
Based on GuruFocus' analysis, Lodha Developers (NSE:LODHA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,627.40, compared to a current price of ₹1,188.75 — trading 27% below its estimated fair value. The current Return-on-Tangible-Equity is 17.49%, which is 14% above median its 10-year median of 15.40 and 309.6% above the Real Estate industry median of 4.27. Lodha Developers' overall GF Score™ is 88/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Lodha Developers (NSE:LODHA), the current Return-on-Tangible-Equity is 17.49% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lodha Developers (NSE:LODHA) Overvalued in 2026?
Based on GuruFocus' analysis, Lodha Developers stock appears to be undervalued.
The current stock price of ₹1,188.75 is trading 27% below its estimated GF Value™ of ₹1,627.40.
GuruFocus considers Lodha Developers to be Modestly Undervalued.
Key valuation signals for NSE:LODHA:
Return-on-Tangible-Equity: 17.49% (14% above median its 10-year median of 15.40)
GF Value™: ₹1,627.40 vs. price of ₹1,188.75 (27% below fair value)
Industry Position: 309.6% above the Real Estate median (#257 of 1714)
No single metric tells the full story. See the NSE:LODHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lodha Developers Ltd is a real estate developer in India. Its core business is residential real estate developments with a brand presence across luxury, premium, and mid-income housing segments. The company's portfolio includes approximately forty projects across three key real estate markets in India: Mumbai Metropolitan Region (MMR), Pune, and Bengaluru. In addition, it is involved in building select annuity income streams through facilities management, industrial and warehousing, and leasing of selected retail and office spaces. The company has introduced BelleVie, a digital platform that complements its facilities management business by connecting residents with a diverse range of customized marketplace services. It operates in one reportable segment, i.e., Real Estate development.
88GF Score
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