Mumbai-based Sri Lotus Developers & Realty Limited has reported steady financial performance in Q1 FY26, supported by healthy margins and robust pre-sales momentum.

Alongside its results, Sri Lotus outlined an ambitious pipeline of marquee launches across prime Mumbai micro-markets, reinforcing its leadership in the city’s luxury redevelopment space.

KEY BUSINESS & FINANCIAL UPDATES

• Three significant launches – The Arcadian (Juhu), Amalfi (Versova), and Varun (Bandra) are lined up by September 2025. Construction has already commenced, and with strong customer interest, bookings for all three projects are expected to materialize thereafter.
  
  • The total saleable carpet area of these 3 projects is ~2.2 lakh sq. ft., with estimated GDV of ~INR 1,400-1,500 crore.

• Expect to launch 3 new projects in remaining part of FY26 – Lotus Aquaria (Prabhadevi), Lotus Celestial (Versova) & Lotus Trident (Andheri West), while remaining confident of completing large part of the sales of completed projects – i.e., Ananya, Ayana & Arc One
  
• During the current financial year, the Company has added four new projects. Development Agreements were executed for two projects i.e. Lotus Portifino (Versova) and Lotus Sky Plaza (Oshiwara) while societies at Lotus Avalon (Juhu) and Lotus Imperial (Bandra) have appointed Lotus as their developer.
  
• KEY FINANCIAL HIGHLIGHTS for Q1 FY26
  • Total Revenue stood at INR 61 Crs.
  • EBITDA stood at INR 29 Crs. with EBITDA Margins at 48.0%
  • Profit After Tax stood at INR 26 Crs.
  • Pre Sales stood at INR 61 Crs. with Collections of INR 70 Crs.

GUIDANCE FOR FY26

Commenting on the result,  Anand K Pandit, Chairman & Managing Director, Sri Lotus Developers & Realty Limited said, “6th August 2025 marked a historic milestone for Sri Lotus Developers & Realty Limited with its debut on NSE and BSE — a proud moment for the entire Lotus family. A heartfelt thank you to all stakeholders, investors, and business partners for their continued trust and support.

For Q1FY26, revenues stood at INR 61 crore with a profit after tax of INR 26 cr. We have three significant launches—Project The Arcadian (Juhu), Project Amalfi (Versova), and Project Varun (Bandra)—lined up by September 2025. Construction has already commenced, and with strong customer interest, we expect bookings for all three projects to materialize thereafter.”

The demand in the luxury and ultra-luxury housing segment remains resilient. In Mumbai, redevelopment continues to be a critical growth driver, given land scarcity and the large number of buildings coming up for redevelopment each year.

“We believe the opportunity is immense, and our strong presence in this segment positions us well to capture it. Backed by our in-house capabilities across construction, sales, business development, and after-sales services, we remain optimistic about the opportunities ahead. This helps us drive superior control over quality, materials, and customer satisfaction,” he added.

“As a net debt-free company, supported by a strong net cash balance of INR 905 cr, we remain well-capitalized to fund growth. We are on track to launch 3 new projects in remaining part of FY26 and are confident of achieving pre-sales of INR 1,100-1,300 cr. with revenue growth of 75-85% and PAT growth of 30-35%,” he said.