LOTUSDEV
Sri Lotus Developers and Realty share price & financials
- Price
- ₹139.95
- Market cap
- ₹9.1k Cr
- Sector
- Realty
- Calls analysed
- 5
Sri Lotus Developers and Realty Limited Q1 FY27
What went well
- Strong pre-sales growth of 567% YoY to INR 409 crores.
- Robust collections growth of 115% YoY to INR 150 crores.
- Significant revenue growth of 116% YoY to INR 132 crores.
What Sri Lotus Developers and Realty Limited does
Sri Lotus Developers and Realty is a Mumbai-focused developer of luxury and ultra-luxury residential and commercial real estate. It runs an asset-light model in which nearly all projects are undertaken through society redevelopment or joint-development agreements rather than outright land purchase, earning by pre-selling and selling residential and commercial units, typically completing projects ahead of RERA timelines. Its portfolio is concentrated in Mumbai's western suburbs (Juhu, Andheri West, Bandra, Versova), with expansion underway into South-Central Mumbai, Ghatkopar, and a flagship mixed-use project in GIFT City. Development is executed in-house, spanning architecture and design, project procurement and liaisoning, construction management, and customer relationship/facility management.
Segments
- Residential
- Commercial
- Ongoing projects
- 7 (1 in South-Central Mumbai)
- Upcoming projects
- 14 (11 in Western Suburbs)
- Completed projects
- 4
- Current portfolio carpet area (excl. sold inventory)
- ~4.1 mn sq. ft.
- Current portfolio saleable area (excl. sold inventory)
- ~3.2 mn sq. ft.
- Commercial project footprint
- 2 completed + 3 upcoming projects, concentrated in Andheri West
Guidance record · Q1 FY27
what the last two calls moved 20 tracked 4 delivered 2 missed 14 open- Collections Pickup delivered said Q4 FY26 Promised: Collections to pick up from Q1 FY27 onwards Q1 FY27: Achieved collections of ₹150 crores, a significant increase from ₹82 crores in Q4 FY26, confirming the pickup.
- Portfolio Gross Development Value (GDV) on track said Q1 FY26 Promised: ₹12,000 to ₹13,000 crores by FY30 Q1 FY27: Reported total ongoing and upcoming pipeline GDV of ₹17,500-18,000 crores, effectively meeting the revised FY31 target of ₹16-17k crores well ahead of schedule.
- FY26 Revenue Growth missed said Q1 FY26 Promised: 75% to 85% YoY growth Q4 FY26: Achieved 40% YoY revenue growth for FY26 (₹769 crores), missing the guided range of 75-85%.
All 20 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 116.4%, net profit up 76.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 123 | 116 | 190 | 61 | 176 +43% | 224 +93% | 308 +62% | 132 +116% |
| EBITDA | 66 | 62 | 109 | 29 | 50 −24% | 79 +27% | 121 +11% | 48 +66% |
| Net profit | 50 | 51 | 86 | 26 | 46 −8% | 70 +37% | 101 +17% | 46 +77% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +12.6% 1Y
1Y: ₹185.79 on 10 Sept 2025 → ₹209.27. High ₹209.27 (11 Sept 2026), low ₹102.84 (30 Mar 2026).
How the price took the results
close before → close after
- Q1 FY27
- −2.0%
- 4 Aug
- Q4 FY26
- −0.4%
- 13 May
- Q3 FY26
- +2.0%
- 9 Feb
- Q2 FY26
- −0.1%
- 13 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 39.8% a year over 1 year, FY25 to FY26. Operating margin narrowed to 36.3%.
| Year ending | FY25 | FY26 |
|---|---|---|
| Revenue | ₹550 Cr | ₹769 Cr |
| Operating profit | ₹290 Cr | ₹279 Cr |
| Operating margin | 52.7% | 36.3% |
| Interest | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr |
| Net profit | ₹227 Cr | ₹243 Cr |
| Net margin | 41.3% | 31.6% |
| Cash from operations | ₹-20 Cr | ₹-326 Cr |
| Free cash flow | ₹-21 Cr | ₹-326 Cr |
| ROCE | 37.0% | 21.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity capital | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹49 Cr | ₹49 Cr |
| Reserves | ₹6 Cr | ₹27 Cr | ₹150 Cr | ₹1.7k Cr | ₹1.9k Cr |
| Borrowings | ₹324 Cr | ₹309 Cr | ₹429 Cr | ₹139 Cr | ₹131 Cr |
| Other liabilities | ₹21 Cr | ₹85 Cr | ₹138 Cr | ₹258 Cr | ₹309 Cr |
| Total liabilities | ₹370 Cr | ₹441 Cr | ₹736 Cr | ₹2.1k Cr | ₹2.4k Cr |
| Fixed assets | ₹2 Cr | ₹2 Cr | ₹4 Cr | ₹5 Cr | ₹4 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹368 Cr | ₹438 Cr | ₹732 Cr | ₹2.1k Cr | ₹2.3k Cr |
| Total assets | ₹370 Cr | ₹441 Cr | ₹736 Cr | ₹2.1k Cr | ₹2.4k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Sep 2025, the public added +2.65 pp while FIIs trimmed −1.33 pp. The shareholder count shrank 7% to 96,724.
- Promoters
- 81.9%
- FIIs
- 1.2%
- DIIs
- 1.7%
- Public
- 15.2%
Since Sep 2025
- Public +2.65 pp
- FIIs −1.33 pp
- DIIs −1.32 pp
How it drifted, 4 quarters
Over this window the public went from 12.5% to 15.2% — +2.6 pp.
Ownership split by quarter, oldest first. Sep '25: Promoters 81.9%, FIIs 2.5%, DIIs 3.0%, Public 12.5%.Dec '25: Promoters 81.9%, FIIs 1.8%, DIIs 2.8%, Public 13.5%.Mar '26: Promoters 81.9%, FIIs 1.0%, DIIs 1.6%, Public 15.6%.Jun '26: Promoters 81.9%, FIIs 1.2%, DIIs 1.7%, Public 15.2%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Sri Lotus Developers and Realty Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Anand Kamalnayan Pandit | 72.02% | unchanged |
| RUDRATEJ PANDIT FAMILY TRUST (Trustee ROOPA ANAND PANDIT) | 3.28% | unchanged |
| ASHKA PANDIT FAMILY TRUST (Trustee ROOPA ANAND PANDIT) | 3.28% | unchanged |
| AISHWARYA PANDIT FAMILY TRUST (Trustee ROOPA ANAND PANDIT) | 3.28% | unchanged |
| Deepak Dungarshi Chheda | 0.01% | unchanged |
| Aishwarya Anand Pandit | 0.00% | unchanged |
| Dimple Kamal Dalia | 0.00% | unchanged |
| Sigma Fiscals Private Limited | 0.00% | unchanged |
| RPAP Projects and Developers LLP | 0.00% | unchanged |
| Kingstay Real Estate Private Limited | 0.00% | unchanged |
| Anand Pandit Motion Pictures LLP | 0.00% | unchanged |
| Readystage LLP | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
All earnings calls (5)
Read the Q1 FY27 call →Learn to analyse Sri Lotus Developers and Realty Limited
Guides on how to read this kind of business and the numbers that matter.