Sri Lotus Developers and Realty Limited has informed the Exchange regarding a press release dated May 12, 2026, titled "Audited Financial Results for the quarter and year ended March 31, 2026".
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Sri Lotus Developers, a Mumbai-based luxury real estate developer, reported strong FY26 results with total revenue of INR 769 Crs and PAT of INR 243 Crs, representing 31.6% profit margins. Pre-sales surged 137% YoY to INR 1,157 Crs, while Q4 FY26 saw record quarterly pre-sales of INR 462 Crs, growing 177% YoY. The company launched Project Celestia in Versova with INR 155 Crs in bookings within a week, and added 9 new projects with cumulative GDV of ~INR 8,500-9,000 Crs. The board approved a 50% dividend payout, with promoters voluntarily waiving their entitlement. The company maintains a net debt-free status with INR 849 Crs gross cash balance. For FY27, management guides for pre-sales of INR 1,800-2,000 Crs and 55-60% growth in revenue and PAT.
The results demonstrate exceptional operational performance with industry-leading margins and return ratios in the luxury real estate segment. The strong pre-sales growth, robust cash position, and attractive project pipeline position the company well for continued outperformance. Shareholders should benefit from the dividend payout alongside capital appreciation from the ambitious FY27 launch plan of six projects with INR 5,000-5,500 Crs GDV.