LOTUSDEV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sri Lotus Developers, a luxury real estate developer focused on Mumbai's western suburbs, reported strong FY26 results with pre-sales of INR 1,157 Crs (up 137% YoY), revenue of INR 769 Crs (up 40% YoY), and PAT of INR 243 Crs with 31.6% margin. The company maintains a net cash position of INR 697 Crs and is debt-free. In Q4FY26, it launched Project Celestia in Versova which garnered INR 155 Crs in bookings within a week. The company operates an asset-light model through redevelopment and joint development agreements, with a portfolio of 7 ongoing and 14 upcoming projects. For FY27, management guides for pre-sales of INR 1,800-2,000 Crs (55-60% growth) with 6 planned project launches and estimated GDV of INR 5,000-5,500 Crs. The company also announced expansion into GIFT City with a mixed-use project worth INR 2,000-2,200 Crs in partnership with Abhishek Bachchan.
The filing shows exceptional growth metrics with 137% YoY pre-sales growth and strong profitability, positioning the company favorably. The robust guidance for FY27, combined with a net cash balance sheet and successful IPO (74x oversubscribed), indicates strong fundamentals and investor confidence. The stock (LOTUSDEV) may see positive sentiment given the beat on key metrics.