+
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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code