Pre-sales Q4 FY26
₹462 Cr
+177% YoY
Driven by Lotus Celestia launch (₹155 Cr in 7 days) and steady sales from other projects.
SRILOTUSDEVELOPERSANDREA
Infrastructure
15 May 2026
Sri Lotus Developers and Realty Ltd — Q4 FY26
Sri Lotus Developers reported a strong Q4 FY26 with pre-sales of ₹462 crore (+177% YoY) and revenue of ₹308 crore (+62% YoY).
Financial stats pending filing verification
2-Minute Summary
✦ AI-Generated from Full Transcript
Sri Lotus Developers reported a strong Q4 FY26 with pre-sales of ₹462 crore (+177% YoY) and revenue of ₹308 crore (+62% YoY). EBITDA margin stood at 39.4% and PAT at ₹101 crore (+17% YoY). The stellar pre-sales growth was driven by the successful launch of Lotus Celestia (₹155 crore bookings in 7 days) and steady traction from existing projects. For FY27, management guided pre-sales of ₹1,800-2,000 crore and revenue/PAT growth of 55-60%, backed by a pipeline of six launches (GDV ₹5,000-5,500 crore). Key risks include a moderate increase in input costs (~7%) and labor costs (~5%), though management expects only a 1% impact on overall project costs. Collections remain low due to projects being in basement stage, but are expected to improve as construction progresses.
Key Numbers
Pre-sales FY26
₹1,157 Cr
+137% YoY
In line with guidance; nine new projects added with cumulative GDV of ₹8,500-9,000 Cr.
Collections Q4 FY26
₹82 Cr
flat vs Q3
Low due to projects in basement stage; expected to improve as superstructure begins.
Projected Free Cash Flow
₹8,553 Cr
N/A
Includes ₹3,013 Cr from completed/ongoing and ₹5,450 Cr from upcoming projects.
Management Guidance
FY27 pre-sales guidance of ₹1,800-2,000 crore
Management expects pre-sales to grow to ₹1,800-2,000 crore in FY27, driven by six planned launches with GDV of ₹5,000-5,500 crore.
Management guidance revenueFY27 revenue and PAT growth of 55-60%
Revenue and PAT are expected to grow 55-60% year-on-year in FY27.
Management guidance growthH1 FY27 launches: Aquaria, Trident, Sky Plaza
Three projects (Aquaria, Trident, Sky Plaza) with combined revenue potential of ₹2,500-3,000 crore to be launched in H1 FY27.
Management guidance expansionMarketing spend less than 1% of revenue
Marketing expenditure will be less than 1% of revenue, supporting brand visibility without margin pressure.
Management guidance marginsKey Risks
Input cost inflation
Input costs have risen ~7% and labor costs ~5% due to geopolitical tensions, potentially increasing overall project costs by ~1-2.5%.
medium · management_commentaryLow collections due to project stage
Collections were only ₹82 crore in Q4 vs revenue of ₹308 crore, as projects are in basement stage. Delays in construction could further strain cash flows.
medium · analyst_questionProject delays in approvals
Some projects like Lotus Monarch and Avalon have been delayed by 3-4 quarters due to approval issues, which could impact future launches.
medium · analyst_questionSupreme Court case on Kurla project
A project in Kurla (GDV ~₹600 crore) is pending final hearing at the Supreme Court; an unfavorable outcome could result in loss of the project.
high · analyst_questionNotable Quotes
We are in ultra luxury segment. So as far as ultra luxury segment there is a very strong demand even right now and we feel that everyone who were earlier into lower segment occupying houses in the lower segment they also want to go to and shift to ultra luxury segment.
What differentiates Lotus is not merely growth but the quality of growth. We continue to operate with a strong profitability supported by healthy margins, robust returns ratios and a net cash balance sheet.
Marketing spend as I said it could be even less than 1%. But again against that we will be having our lot of direct customers also. So that will take care about not paying other commissions.
Frequently Asked Questions
What was Sri Lotus Developers's revenue in Q4 FY26?
Sri Lotus Developers reported revenue of ₹308 Cr in Q4 FY26, representing a +62% change compared to the same quarter last year.
What guidance did Sri Lotus Developers management give for FY27?
FY27 pre-sales guidance of ₹1,800-2,000 crore: Management expects pre-sales to grow to ₹1,800-2,000 crore in FY27, driven by six planned launches with GDV of ₹5,000-5,500 crore. FY27 revenue and PAT growth of 55-60%: Revenue and PAT are expected to grow 55-60% year-on-year in FY27. H1 FY27 launches: Aquaria, Trident, Sky Plaza: Three projects (Aquaria, Trident, Sky Plaza) with combined revenue potential of ₹2,500-3,000 crore to be launched in H1 FY27. Marketing spend less than 1% of revenue: Marketing expenditure will be less than 1% of revenue, supporting brand visibility without margin pressure.
What are the key risks for Sri Lotus Developers in FY27?
Key risks include Input cost inflation — Input costs have risen ~7% and labor costs ~5% due to geopolitical tensions, potentially increasing overall project costs by ~1-2.5%.; Low collections due to project stage — Collections were only ₹82 crore in Q4 vs revenue of ₹308 crore, as projects are in basement stage. Delays in construction could further strain cash flows.; Project delays in approvals — Some projects like Lotus Monarch and Avalon have been delayed by 3-4 quarters due to approval issues, which could impact future launches.; Supreme Court case on Kurla project — A project in Kurla (GDV ~₹600 crore) is pending final hearing at the Supreme Court; an unfavorable outcome could result in loss of the project..
Did Sri Lotus Developers meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full Sri Lotus Developers Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary with filing verification status shown on the financial stats.