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). 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.