Macrotech Developers Share: Analysts from different walks of life have a positive outlook on Macrotech Developers shares as the company is already receiving orders, and the presales scene looks good for its shares. Let’s find out more about the company and its shares.
Overview of Macrotech Developers Limited
Macrotech Developers Ltd. is an India-based real estate developer. Its main business comprises:
Real estate development (residential), with a concentration on low,
- Middle-income housing catering to a diverse range of lifestyle choices across multiple geographies.
Its revenue is primarily generated in India. Their dedication goes beyond the world of luxurious living. They are committed to having a long-term good impact on society and the environment as a whole. They are reducing their carbon footprint and building homes that are robust to the challenges posed by climate change through practices that are sustainable and designs that are innovative.
Macrotech Developers Share
At present, the Macrotech Developers shares are priced at 1,149.40, which is gaining profits for the investors. The target price of Macrotech Developers Ltd. was adjusted by Jefferies Analyst to ₹1,615. There has been huge demand for residential, and the projected sales for the company stand at 20%. The Q3 results show that there has been a substantial amount of spike in the prices from the past 4 years. Moreover, the township projects that are launched for the premium audience have contributed to the overall sales.
Macrotech Developers Share Details
Key details of Macrotech Developers shares are listed down below:
| 52-Week Low | ₹ 978 |
| 52-Week High | ₹ 1,648 |
| Face Value | ₹ 10 |
| ROE | 8.18% |
| No. of Shares | 99.70 Crores |
| Sales Growth | 2.54% |
| P/B | 6.39 |
| Profit Growth | 155.22% |
| Book Value | ₹ 178.40 |
Macrotech Developers Financial Analysis
Macrotech Developers Ltd. achieved outstanding financial performance in the second quarter of FY25, owing to solid revenue growth and increased profitability. Key highlights of the financials of the company include a significant revenue growth of 52.96% year on year to ₹2,684.60 crore, indicating high demand for its homes. Additionally, the profitability also witnessed a surge.
The net profit increased by 109.46% YoY to ₹422.90 crore, suggesting better efficiency in terms of its operations as well as cost control. The net profit margin of the company has also indicated major profits. The company had a net profit margin of 15.75%. Overall, the company has only a handful of limitations, like high PE and high EBITDA.
Final Verdict
Analysts believe that the company’s strategic plans present attractive investment potential, and as per the past business quarter results, the company is in major profits. Although it is advised to seek a financial expert’s advice before making big investments in the market due to uncertainty.
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