Sri Lotus FY26 pre-sales jump 137% to ₹1,157 crore
14 May 2026 CW Team
Sri Lotus Developers & Realty Limited, a Mumbai-based developer focused on luxury and ultra-luxury residential and commercial projects, has reported a strong FY26 performance supported by robust pre-sales growth, disciplined execution and a steady redevelopment pipeline.
The company announced its audited financial results for the quarter and year ended March 31, 2026, highlighting its continued net debt-free status and industry-leading realisations of ₹69,000 per sq. ft.
For FY26, Sri Lotus reported total revenue of ₹769 crore, EBITDA of ₹281 crore, and profit after tax of ₹243 crore. Pre-sales stood at ₹1,157 crore, registering 137% year-on-year growth, while collections were reported at ₹376 crore. The company maintained a gross cash balance of ₹849 crore as of March 2026, with adjusted ROE at 23.7%.
In Q4 FY26, revenue was ₹308 crore, EBITDA ₹121 crore, and PAT ₹101 crore. Pre-sales in the quarter rose 177% YoY to ₹462 crore, with collections of ₹82 crore.
During the quarter, the company launched Project Celestia in Versova, which recorded bookings of ₹155 crore within seven days, with an estimated GDV of ₹1,400–1,500 crore. Sri Lotus added nine new projects in FY26 with a cumulative GDV of around ₹8,500–9,000 crore, and plans to launch six projects in FY27 with an estimated GDV of ₹5,000–5,500 crore.
The Board approved a 50% dividend payout for FY26, while the promoter group voluntarily waived its dividend entitlement, with retained funds to be used for new project additions and development.
For FY27, the company has guided for pre-sales of ₹1,800–2,000 crore, along with 55–60% YoY growth in revenue and PAT.
Anand K Pandit, Chairman & Managing Director, Sri Lotus Developers & Realty Limited, said, “FY26 was a very strong year for Lotus Developers, as we achieved our Pre-Sales guidance with bookings of INR 1,157 Crs., registering a strong 137% YoY growth, reflecting the resilience of demand in the luxury and ultra-luxury residential portfolio.