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

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

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.

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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code