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Sri Lotus Developers & Realty Results: Latest Quarterly Results & Analysis

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Sri Lotus Developers and Realty Ltd. 13 May 2026 15:27 PM

Q4FY26 & FY26 Result Announced for Sri Lotus Developers and Realty Ltd.

Realty company Sri Lotus Developers and Realty announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Total Revenue from Operations (Q4FY26): Reached 3,074.98 million, representing a significant growth of 61.81% YoY from 1,900.30 million in Q4FY25. On a QoQ basis, revenue increased by 37.26% from 2,240.27 million in Q3FY26.
  • Total Income (Q4FY26): Stood at 3,220.33 million, up 62.53% YoY compared to 1,981.34 million in Q4FY25 and up 34.30% QoQ from 2,397.82 million in Q3FY26.
  • Profit After Tax (PAT) (Q4FY26): Achieved 1,009.22 million, marking a 17.49% YoY increase from 858.98 million in Q4FY25 and a 43.71% QoQ growth from 702.29 million in Q3FY26.
  • EBITDA (Q4FY26): Reported at Rs 121 crore with an EBITDA margin of 36.5% during the quarter.
  • Annual Performance (FY26): Total Revenue from operations reached 7,689.51 million, a growth of 39.89% YoY from 5,496.82 million in FY25. Total Income for the year reached 8,187.17 million, up 43.82% YoY from 5,692.77 million in FY25.
  • Annual Profit (FY26): PAT for the full year stood at 2,433.03 million, an increase of 6.77% YoY compared to 2,278.86 million in FY25.
  • EBITDA (FY26): Reached Rs 281 crore for the full year.

Standalone Financial Highlights:

  • Revenue from Operations (Q4FY26): Stood at 375.00 million, reflecting a decrease of 73.67% YoY from 1,424.26 million in Q4FY25, but an increase of 25.00% QoQ from 300.00 million in Q3FY26.
  • Total Income (Q4FY26): Reported at 495.37 million, compared to 1,496.94 million in Q4FY25 and 432.20 million in Q3FY26.
  • Profit After Tax (PAT) (Q4FY26): Stood at 278.56 million, down 62.81% YoY from 748.96 million in Q4FY25, and up 7.32% QoQ from 259.55 million in Q3FY26.
  • Annual Performance (FY26): Standalone Revenue from operations was 1,427.60 million, down 63.13% YoY from 3,872.22 million in FY25. Total Income reached 1,845.46 million, a decrease of 54.15% from 4,024.94 million in FY25.
  • Annual Profit (FY26): Standalone PAT stood at 1,004.85 million, compared to 1,961.38 million in FY25.

Business Highlights:

  • Segment-wise Performance: The company operates in a single operating segment, namely Real Estate Development.
  • Pre-Sales Momentum: Pre-sales for FY26 surged to Rs 1,157 crore, reflecting a robust growth of 137% YoY compared to Rs 488 crore in FY25. For Q4FY26, pre-sales stood at Rs 462 crore, growing 177% YoY.
  • Project Launches and Traction: The company launched Project Celestia (Versova) in March 2026, achieving bookings of Rs 155 crore within seven days of launch. The estimated Gross Development Value (GDV) for this project is Rs 1,400–1,500 crore.
  • Portfolio Expansion: Nine new projects were added during FY26 with a cumulative GDV of Rs 8,500–9,000 crore, including locations in Versova, Oshiwara, Bandra, Juhu, and Gift City.
  • Financial Health: The company maintains a net debt-free status with a gross cash balance of Rs 849 crore as of March 2026. Adjusted ROE stood at 23.7% for FY26.
  • Realisations: The company achieved industry-leading realisations of Rs 69,000 per sq. ft.
  • Dividend: The Board approved a dividend payout of 50% for FY26 (Rs 0.50 per equity share). Notably, the Promoter Group voluntarily waived their dividend entitlement for the year to facilitate reinvestment into new projects.
  • FY27 Guidance: The company has provided pre-sales guidance of Rs 1,800–2,000 crore for FY27, with targeted Revenue and PAT growth of 55-60% YoY.

Anand K Pandit, Chairman & Managing Director, Sri Lotus Developers & Realty, said: “FY26 was a very strong year for Lotus Developers, as we achieved our Pre-Sales guidance with bookings of Rs 1,157 crore, registering a strong 137% YoY growth, reflecting the resilience of demand in the luxury and ultra-luxury residential portfolio. Revenue for the year grew 40% YoY to Rs 769 crore, while EBITDA stood at Rs 281 crore with margins of 36.5%. PAT for FY26 came in at Rs 243 crore, translating into a healthy PAT margin of 31.6%.

What differentiates Lotus is not merely growth, but the quality of growth. We continue to operate with one of the strongest profitability profiles in the real estate industry, supported by healthy margins, strong return ratios, and a debt-free / net cash balance sheet. Our business model is built around capital discipline, strong project selection, premium micro-market positioning, and execution excellence.

During Q4FY26, we launched Project Celestia in Versova, which witnessed strong traction with bookings of Rs 155 crore, despite a challenging global environment. Q4FY26 Pre-Sales stood at Rs 462 crore, with projects launched during FY26 contributing Rs 358 crore.

We also launched our first-ever brand campaign, ‘Luxury Coastline Collection’, showcasing 11 landmark projects across Mumbai’s premium coastal locations. The campaign received an overwhelming response and further strengthened our positioning in the luxury real estate market.

Looking ahead, FY27 is expected to be another strong year for the company. We plan to launch six projects with an estimated GDV of Rs 5,000–5,500 crore and are guiding for pre-sales of Rs 1,800–2,000 crore. We also expect strong growth in revenue and profitability, supported by our launch pipeline, brand strength, and continued demand in the premium housing segment.”

Result PDF

Realty company Sri Lotus Developers and Realty announced Q3FY26 results

  • Total Revenue stood at Rs 224 crore.
  • EBITDA stood at Rs 79 crore.
  • Profit After Tax stood at Rs 70 crore.
  • Pre-sales stood at Rs 376 crore. growing 247% YoY.
  • Collections of Rs 119 crore.

Anand K Pandit, Chairman & Managing Director, Sri Lotus Developers & Realty, said: “Our strong performance in the third quarter reflects the continued strength of our brand, sustained demand for our product, and a robust new project development pipeline. Pre-sales during the quarter stood at Rs 376 crore, registering a more than threefold year-on-year growth, while revenues grew 93% YoY to Rs 224 crore, supported by a healthy EBITDA margin of 35.5%. PAT for the quarter stood at Rs 70 crore, underscoring the robustness of our operating and financial execution.

During the quarter, we launched Project Varun in Bandra to a strong market response, delivering Rs 52 crore of pre-sales with 19% of inventory sold by December 2025. Our recent launches—The Arcadian and Lotus Amalfi— continued to scale rapidly, achieving 34% and 45% pre-sales, respectively, within just four months of launch, underscoring the strength of our product positioning and demand in our core micro-markets. Looking ahead, we expect to further accelerate growth with two marquee launches planned in Q4FY26—Lotus Aquaria (Prabhadevi) and Lotus Celestia (Versova).

On the business development front, we added two new projects in January 2026, taking total project additions for the year to eight, with an aggregate GDV of ~Rs 7,500–8,500 crore. With a strong balance sheet, healthy cash position, proven execution capabilities, and a robust business development pipeline, we remain on track to achieve our pre-sales guidance of Rs 1,100–1,300 crore. in FY26.

A defining milestone was our strategic entry into GIFT City Area, India’s emerging global financial and business hub. Through a joint development agreement, we will be developing a landmark mixed-use project comprising premium retail, Grade-A commercial offices, and high-end residential offerings. This project is expected to have a revenue potential of ~Rs 2,000-2,200 crore.”

Result PDF

Realty company Sri Lotus Developers and Realty announced Q2FY26 results

  • Total Revenue stood at Rs 176 crore.
  • EBITDA stood at Rs 50 crore.
  • Profit After Tax stood at Rs 46 crore.
  • Pre Sales stood at Rs 257 crore growing 126% YoY.
  • Collections of Rs 106 crore grew 16% YoY.

Anand K Pandit, Chairman & Managing Director, Sri Lotus Developers & Realty, said: “Lotus Developers delivered a strong performance in Q2FY26, driven by robust pre-sales of Rs 257 crore growing 125% YoY and healthy collections of Rs 106 crore. Revenue for Q2FY26 stood at Rs 176 crore, up 44% YoY, while Profit for the Period was Rs 46 crore. The quarter marked two important launches – The Arcadian (Juhu) and Amalfi (Versova) – both of which witnessed exceptional customer response, with bookings of Rs 92 crore and Rs 38 crore respectively within the first week of launch.

In H2 FY26, we are on track to launch four new projects – Project Varun (Bandra), Lotus Aquaria (Prabhadevi), Lotus Celestial (Versova) and Lotus Trident (Andheri West). With these launches, we reiterate our annual guidance of Rs 1,100 to 1,300 crore in presales, 75 – 85% YoY growth in revenue and 30 – 35% YoY growth in PAT.

We continue to strengthen our presence across our core micro-markets, while simultaneously expanding in newer precincts such as Bandra and Prabhadevi. The brand acceptance of Lotus Developers is clearly visible in our growing Business Development pipeline. During the current year, we have added six projects – Development Agreements were executed for Lotus Portofino (Versova), Lotus Sky Plaza (Oshiwara) and Lotus Odyssey (Bandra). In addition, Lotus Avalon (Juhu), Lotus Imperial (Bandra) and Lotus Upper Crest (Bandra) have appointed Lotus Developers as their preferred developer. We are in active discussions with multiple societies and expect to conclude more additions in H2 FY26. The combined GDV of our ongoing and upcoming pipeline stands at ~Rs 13,000 to 14,000 crore.

With a robust pipeline, a strong balance sheet with a net cash position of Rs 851 crore as of September 2025 and sustained demand for premium redevelopment in our key markets – we remain confident of achieving our targets and continuing this growth trajectory in the quarters ahead.”

Result PDF

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