Sri Lotus FY26 pre-sales jump 137% to ₹1,157 crore
Real Estate

Sri Lotus FY26 pre-sales jump 137% to ₹1,157 crore

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.

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.

Next Story
Resources

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

Next Story
Real Estate

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Next Story
Infrastructure Transport

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->