Quarterly Result12 May 2026, 08:51 pm
Sri Lotus Developers FY26: Pre-Sales Surge 137% to ₹1,157 Cr
AI Summary
Sri Lotus Developers and Realty Ltd announced its audited financial results for FY26, reporting strong pre-sales growth and profitability. Pre-sales surged 137% YoY to ₹1,157 Cr. The company launched Project Celestia in Versova, with bookings of ₹155 Cr within seven days. Nine new projects were added with a cumulative GDV of ~₹8,500–9,000 Cr. The company plans to launch six projects in FY27 with an estimated GDV of ~₹5,000–5,500 Cr. The Board approved a dividend payout of 50% for FY26, with the Promoter Group waiving its entitlement.
Key Highlights
- FY26 Pre-Sales surged to ₹1,157 Cr, a 137% YoY increase.
- Total Revenue for FY26 stood at ₹769 Cr, with EBITDA at ₹281 Cr and PAT at ₹243 Cr.
- The company maintains a net debt-free status with a gross cash balance of ₹849 Cr.
- Board approved a 50% dividend payout for FY26.
- FY27 Pre-Sales guidance is projected at ₹1,800–2,000 Cr.