Macrotech Developers Ltd specializes primarily in the realm of real estate development and holds a prominent position among India’s largest real estate developers. The company operates in the markets of MMR (Mumbai Metropolitan Region) and Pune, establishing a strong presence in these regions. Established in 1980 by Mangal Prabhat Lodha, the company has undertaken the development of residential and commercial properties in various locations including Mumbai, Thane, Hyderabad, Pune, and even London.
The primary objective of this article is to delve into the share price target of Macrotech Developers spanning from 2023 to 2030 while also evaluating the potential of Macrotech Developers as an attractive stock option for potential investment.
LATEST NEWS ABOUT MACROTECH DEVELOPERS
- Macrotech Developers experiences a decline of more than 2% in response to disappointing Q1 financial results, failing to meet market expectations.
- During the first quarter of fiscal year 2024, Macrotech Developers witnessed a significant 33.95% decline in its net profit.
- By March of the upcoming year, Macrotech Developers is planning to initiate the launch of 22 real estate projects.
HOW TO BUY MACROTECH DEVELOPERS SHARES ?
You can buy Macrotech Developers shares from the following trading platforms:
- Zerodha
- Upstox
- Groww
- AngleOne
- ICICIDirect
SHARE PRICE PREDICTION OF MACROTECH DEVELOPERS : 2023 TO 2030
SHARE PRICE TARGET 2023 OF MACROTECH DEVELOPERS
| When | Maximum Price | Minimum Price |
| August 2023 | ₹798.97 | ₹726.33 |
| September 2023 | ₹817.34 | ₹743.04 |
| October 2023 | ₹793.54 | ₹721.40 |
| November 2023 | ₹809.41 | ₹735.82 |
| December 2023 | ₹833.69 | ₹757.90 |
In 2023, Macrotech Developers set an ambitious share price target with a notable growth percentage, especially when considering their market capitalization of ₹71,998 Crores and a stock P/E of 47.4.
Throughout the year, the company’s share price exhibited fluctuations, showing both highs and lows. In August 2023, the share price ranged between ₹726.33 and ₹798.97. September continued the upward trend, reaching ₹743.04 to ₹817.34. However, October experienced a dip with values fluctuating between ₹721.40 and ₹793.54. By November, there was a rebound as the share price ranged between ₹735.82 and ₹809.41.
Finally, in December 2023, the share price reached its peak, fluctuating between ₹757.90 and ₹833.69. Despite the volatility, the company’s strong market capitalization and relatively high stock P/E indicated confidence in its growth potential for the year 2023.
SHARE PRICE TARGET 2024 OF MACROTECH DEVELOPERS
| When | Maximum Price | Minimum Price |
| January 2024 | ₹877.57 | ₹763.10 |
| February 2024 | ₹953.88 | ₹829.46 |
| March 2024 | ₹963.51 | ₹837.84 |
| April 2024 | ₹875.92 | ₹761.67 |
| May 2024 | ₹729.93 | ₹634.73 |
| June 2024 | ₹875.92 | ₹761.67 |
| July 2024 | ₹744.53 | ₹647.42 |
| August 2024 | ₹818.99 | ₹712.16 |
| September 2024 | ₹859.94 | ₹747.77 |
| October 2024 | ₹1,011.69 | ₹879.73 |
| November 2024 | ₹1,062.27 | ₹923.72 |
| December 2024 | ₹1,083.52 | ₹942.19 |
In the year 2024, Macrotech Developers continued to demonstrate substantial growth potential as evident from its share price performance. Throughout the year, the company’s share price experienced fluctuations, showcasing both highs and lows. The year started on a positive note, with the share price ranging from ₹763.10 to ₹877.57 in January. By February, it surged even higher, with prices fluctuating between ₹829.46 and ₹953.88. The upward trend continued in March, reaching ₹837.84 to ₹963.51. However, April witnessed a dip with values ranging from ₹761.67 to ₹875.92. In May, the share price experienced a considerable drop, fluctuating between ₹634.73 and ₹729.93. Interestingly, June saw the same price range as April, with ₹761.67 to ₹875.92. July saw a slight recovery, ranging between ₹647.42 and ₹744.53. In August and September, the share price showed a gradual increase, reaching ₹712.16 to ₹818.99 and ₹747.77 to ₹859.94, respectively. The real surge occurred in October and November, where the share price soared between ₹879.73 and ₹1,011.69, and ₹923.72 to ₹1,062.27, respectively. The year ended with a share price fluctuating between ₹942.19 and ₹1,083.52 in December.
Throughout the entire year of 2024, Macrotech Developers’ share price consistently demonstrated an approximate growth percentage of around 15%. This growth percentage showcases the company’s robust performance and attractiveness to investors during the given period.
SHARE PRICE TARGET 2025 OF MACROTECH DEVELOPERS
| When | Maximum Price | Minimum Price |
| January 2025 | ₹1,105.19 | ₹850.15 |
| February 2025 | ₹1,163.36 | ₹894.89 |
| March 2025 | ₹1,221.52 | ₹939.63 |
| April 2025 | ₹1,090.65 | ₹838.96 |
| May 2025 | ₹991.50 | ₹762.69 |
| June 2025 | ₹1,090.65 | ₹838.96 |
| July 2025 | ₹1,038.71 | ₹799.01 |
| August 2025 | ₹1,081.99 | ₹832.30 |
| September 2025 | ₹1,136.09 | ₹873.92 |
| October 2025 | ₹1,204.26 | ₹926.35 |
| November 2025 | ₹1,288.55 | ₹991.20 |
| December 2025 | ₹1,314.32 | ₹1,011.02 |
In 2025, Macrotech Developers continued to exhibit an impressive performance in its share price, demonstrating notable fluctuations throughout the year. The company’s share price target for the year seemed promising, given the considerable growth in values observed during this period. Starting from January 2025, the share price ranged between ₹850.15 and ₹1,105.19. By February, it showed a surge, reaching ₹894.89 to ₹1,163.36. The upward trend persisted in March, with prices fluctuating between ₹939.63 and ₹1,221.52. However, April saw a dip, ranging from ₹838.96 to ₹1,090.65. May witnessed a further decline, with values ranging between ₹762.69 and ₹991.50. As seen in June, the share price again followed the range of April, between ₹838.96 and ₹1,090.65. In July, there was a slight recovery, ranging between ₹799.01 and ₹1,038.71. In August and September, the share price experienced gradual increments, reaching ₹832.30 to ₹1,081.99 and ₹873.92 to ₹1,136.09, respectively. The real surge occurred in October and November, with the share price soaring between ₹926.35 and ₹1,204.26, and ₹991.20 to ₹1,288.55, respectively. The year ended on a positive note, with the share price fluctuating between ₹1,011.02 and ₹1,314.32 in December.
Throughout the entire year of 2025, Macrotech Developers’ share price consistently demonstrated an approximate growth percentage of around 30%. This remarkable growth percentage highlights the company’s strong performance in the market and its ability to attract investors with its sustained upward trajectory.
MACROTECH DEVELOPERS SHARE PRICE PREDICTION 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹920.03 | ₹644.02 |
| 2027 | ₹782.02 | ₹547.42 |
| 2028 | ₹1,407.64 | ₹985.35 |
| 2029 | ₹2,891.51 | ₹2,024.06 |
| 2030 | ₹3,220.10 | ₹2,254.07 |
In 2026, the share price ranged between ₹644.02 and ₹920.03, indicating considerable volatility. The share price showed a further decline, ranging from ₹547.42 to ₹782.02, reflecting a challenging period for the company in 2027.
In 2028, the share price experienced a substantial increase, fluctuating between ₹985.35 and ₹1,407.64. This surge indicated a period of growth and improved market performance. Whereas in 2029, the share price continued its upward trajectory, reaching ₹2,024.06 to ₹2,891.51. This significant growth demonstrated the company’s positive outlook and investor confidence. Finally in 20230 , the share price maintained its upward trend, ranging between ₹2,254.07 and ₹3,220.10. The continued growth further solidified Macrotech Developers’ position as a prominent player in the market.
Overall, the data from 2026 to 2030 showcases the dynamic nature of the real estate market and how Macrotech Developers navigated various economic conditions. The company’s share prices experienced both fluctuations and remarkable growth, presenting investors with opportunities and challenges alike.
FINANCIAL CONDITION OF MACROTECH DEVELOPERS :LAST 5 YEARS
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
| Sales | 11,907 | 12,443 | 5,449 | 9,233 | 9,470 |
| Expenses | 8,728 | 10,526 | 4,066 | 7,047 | 7,406 |
| Operating Profit | 3,179 | 1,917 | 1,383 | 2,186 | 2,064 |
| OPM % | 27% | 15% | 25% | 24% | 22% |
| Other Income | 72 | 119 | -140 | 293 | -1,037 |
| Interest | 568 | 740 | 1,136 | 688 | 482 |
| Depreciation | 194 | 292 | 73 | 75 | 93 |
| Profit before tax | 2,489 | 1,003 | 33 | 1,716 | 452 |
| Tax % | 34% | 26% | -44% | 30% | -8% |
| Net Profit | 1,644 | 742 | 48 | 1,208 | 490 |
| EPS in Rs | 20.66 | 9.19 | 0.51 | 12.49 | 5.05 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 20% |
In March 2019, the company recorded sales of ₹11,907, and this figure increased to ₹12,443 in March 2020. However, in March 2021, sales dropped significantly to ₹5,449. The sales figure recovered in the subsequent years, reaching ₹9,233 in March 2022 and ₹9,470 in March 2023.The company’s expenses also showed variations during these years. From ₹8,728 in March 2019, expenses increased to ₹10,526 in March 2020. Then, in March 2021, expenses reduced to ₹4,066 but rose to ₹7,047 in March 2022 and further to ₹7,406 in March 2023.
As a result of these fluctuations in sales and expenses, the operating profit (OPM) percentage varied. It was 27% in March 2019, dropped to 15% in March 2020, increased to 25% in March 2021, and remained at 24% in March 2022 and 22% in March 2023.
As a result of these financial variations, the net profit of the company followed a fluctuating trend as well. It was ₹1,644 in March 2019, decreased to ₹742 in March 2020, dropped significantly to ₹48 in March 2021, then recovered to ₹1,208 in March 2022 and further to ₹490 in March 2023.Earnings per share (EPS) is a key metric for shareholders, and it was ₹20.66 in March 2019, decreased to ₹9.19 in March 2020, significantly dropped to ₹0.51 in March 2021, then increased to ₹12.49 in March 2022 and further to ₹5.05 in March 2023.
The dividend payout percentage, which represents the portion of earnings distributed as dividends, was 0% in March 2019, 2020, and 2021, indicating no dividends were paid during those years. However, in March 2023, the company started paying dividends, with a dividend payout percentage of 20%.
FAQS
What Is Macrotech Developers ?
Macrotech Developers Ltd holds the distinction of being India’s largest real estate developer. The company primarily specializes in residential real estate developments, with a particular emphasis on constructing affordable and mid-income housing projects.
What Is The Basic Earnings Per Share (EPS) Of Macrotech Developers in 2023?
Earnings per share (EPS) is a key metric for shareholders, it is ₹5.05 in March 2023.
What Is The Projected Share Price Target Of Macrotech Developers For The Year 2025?
The share price of Macrotech Developers is projected to potentially reach approximately ₹1,314.32 by the conclusion of 2025.
What Is The Projected Share Price Target Of Macrotech Developers For The Year 2025?
The share price of Macrotech Developers is projected to potentially reach approximately ₹2,254.07 by the conclusion of 2030.
What is the net profit of Macrotech Developers?
The net profit of the company followed a fluctuating trend as well. It was ₹1,644 in March 2019, decreased to ₹742 in March 2020, dropped significantly to ₹48 in March 2021, then recovered to ₹1,208 in March 2022 and further to ₹490 in March 2023.
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CONCLUSION
Over the years, Macrotech Developers has demonstrated fluctuations in its financial performance, with variations in sales, expenses, operating profit, and net profit. However, despite these fluctuations, the company has shown resilience and managed to attract investor interest.The data also suggests that Macrotech Developers has been expanding its presence and launching multiple real estate projects, which indicates a positive outlook for the company’s future growth prospects.
Additionally, the share price performance data shows a consistent upward trend, indicating the company’s ability to create value for its shareholders. However, as with any investment, there are inherent risks associated with the real estate industry, and investors should carefully consider various factors before making investment decisions.
In conclusion, Macrotech Developers has exhibited strong growth potential as a real estate developer in India, and its focus on affordable and mid-income housing projects positions it favorably in the market.
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