Sri Lotus Projects Peg FY26 Sales at Rs 11–13 Billion

28 Aug 2025 CW Team

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.

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 GuidancePre-sales: Projected between Rs 11 billion and Rs 13 billion, compared to Rs 4.88 billion in FY25 and Rs 3.48 billion in FY24Revenue Growth: Estimated at 75–85 per cent year-on-yearPAT Growth: Forecast at 30–35 per cent year-on-yearThese 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 LaunchesThree 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 PipelineThe 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 HighlightsTotal Revenue: Rs 610 millionEBITDA: Rs 290 million, with margins at 48 per centPAT: Rs 260 millionPre-sales: Rs 610 millionCollections: Rs 700 millionThese 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.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Building Material

11 Dec 2025

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Building Material

11 Dec 2025

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..