Middle East geopolitical tensions impacting sales
March saw deferrals from NRI buyers and luxury segment due to Middle East escalation; management assumes normalization by end of Q1 FY27.
LODHADEVELOPERS / bear-case history
Track the concerns that keep returning.
Lodha Developers · risk themes across the available quarters.
Research layer active
Bear-case history
Risks carried through the record.
medium
Construction cost inflation from Middle East crisis
Cost increases of 3-5% in gas-dependent materials (tiles, paints, PVC) could impact margins by up to 1.7% if persistent.
Delay in infrastructure projects impacting Palava sales
Extended eastern suburbs sales have been flattish at ₹20-25B due to delayed freeway and airport connectivity; any further delay could defer the expected step-up.
Environmental clearance delays recurrence
Past clearance delays caused 9-month disruption; while resolved, any future regulatory hurdles could impact launch pipeline.