Macrotech Developers Hits ₹45.1 Billion in Pre-Sales with 32% Growth in Q3FY25

Macrotech Developers reported its performance in Q3FY25, achieving milestones across pre-sales, collections, business development, and debt reduction.

Pre-Sales and Collections

The company recorded its best-ever quarterly pre-sales at ₹45.1 billion, reflecting a robust 32% YoY growth. This performance contributed to cumulative pre-sales of ₹128.2 billion for 9M FY25, representing a 25% YoY growth. The strong pre-sales momentum showcases sustained demand across markets.

Collections stood at ₹42.9 billion in Q3FY25, marking an exceptional 66% YoY growth and a 40% QoQ increase. Cumulative collections for 9M FY25 reached ₹100.6 billion, up 30% YoY, demonstrating improved operational efficiencies and customer confidence.

Business Development

Macrotech added a new project in Bengaluru with a Gross Development Value (GDV) of ₹28 billion. With five locations now operational in Bengaluru, the region is poised for significant pre-sales growth starting the next financial year.

In 9M FY25, the company added 8 new projects with a total GDV of ₹195 billion across Mumbai Metropolitan Region (MMR), Bengaluru, and Pune, achieving 90% of its full-year guidance.

Additionally, Macrotech acquired 33 acres of land in the NCR for its Digital Infrastructure (warehousing and industrial) business. It also increased its stake in rental income from the Digital Infrastructure platform, aligning with its strategy for calibrated growth in annuity income.

Net Debt

The company reduced its net debt by ₹6.1 billion during the quarter to ₹43.2 billion, supported by strong collections. The Net Debt/Equity ratio remains well within the ceiling of 0.5x, underscoring prudent financial management.

On January 6, 2025, Macrotech Developers share price opened at ₹1,421.00, touching the day’s low at ₹1,393.45, as of 10:22 AM on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.