Sri Lotus Projects Peg FY26 Sales at Rs 11–13 Billion
28 Aug 2025 CW Team
Sri Lotus Developers & Realty Limited, a Mumbai-based developer specialising in luxury and ultra-luxury residential and commercial properties, has announced robust financial and operational guidance for FY26, alongside unaudited Q1 FY26 results. The firm focuses primarily on redevelopment and joint development projects across premium city locations.
FY26 Growth Guidance
- Pre-sales: Projected between Rs 11 billion and Rs 13 billion, compared to Rs 4.88 billion in FY25 and Rs 3.48 billion in FY24
- Revenue Growth: Estimated at 75–85 per cent year-on-year
- PAT Growth: Forecast at 30–35 per cent year-on-year
These targets mark a significant expansion over the company’s FY25 revenue of Rs 5.5 billion and FY25 profit after tax (PAT) of Rs 2.28 billion.
Major Launches
Three key projects—The Arcadian (Juhu), Amalfi (Versova), and Varun (Bandra)—are slated for launch by September 2025. Construction is already underway, with healthy customer interest expected to drive bookings. These projects collectively offer approximately 220,000 sq ft of saleable carpet area, with an estimated gross development value (GDV) of Rs 14–15 billion.
Additional launches expected in the remainder of FY26 include:
- Lotus Aquaria (Prabhadevi)
- Lotus Celestial (Versova)
- Lotus Trident (Andheri West)
Sales are also expected to ramp up across completed projects such as Ananya, Ayana, and Arc One.
Expansion and Pipeline
The company has added four new developments this year:
- Development Agreements signed for Lotus Portofino (Versova) and Lotus Sky Plaza (Oshiwara)
- Societies have appointed Sri Lotus as developer for Lotus Avalon (Juhu) and Lotus Imperial (Bandra)
Q1 FY26 Financial Highlights
- Total Revenue: Rs 610 million
- EBITDA: Rs 290 million, with margins at 48 per cent
- PAT: Rs 260 million
- Pre-sales: Rs 610 million
- Collections: Rs 700 million
These results underscore the developer’s strong performance and pipeline execution capability. With its luxury-focused redevelopment model and strategic launches across Mumbai’s prime areas, Sri Lotus is poised to deliver strong financial outcomes in FY26.