Key Financial Results - Q2 FY27

  • Pre-sales: ₹470 crore, up 83% YoY from ₹257 crore in Q2 FY26
  • Total Revenue: ₹269 crore, up 53% YoY from ₹176 crore
  • EBITDA: ₹107 crore, up 113% YoY from ₹50 crore
  • EBITDA Margin: 39.9%
  • Profit After Tax: ₹89 crore, up 91% YoY from ₹46 crore

Key Financial Results - H1 FY27 (Half Year Ended September 30, 2026)

  • Pre-sales: ₹879 crore, up 176% YoY from ₹319 crore
  • Total Revenue: ₹401 crore, up 69% YoY from ₹237 crore
  • EBITDA: ₹155 crore, up 95% YoY from ₹80 crore
  • EBITDA Margin: 38.8%
  • Profit After Tax: ₹134 crore, up 86% YoY from ₹72 crore

Business Development and Pipeline Updates

  • Three new projects secured in Q2 FY27: Lotus Supremus (Juhu), Lotus Empressa (Shivaji Park, Dadar West), Lotus Stellar (Versova)
  • Additional area secured for Lotus Insignia project
  • Combined estimated GDV from new projects: ₹2,700-2,800 crore
  • Four projects lined up for H2 FY27 launches: Lotus Sky Plaza, Lotus Portofino, Lotus Odyssey, Lotus Aurelia
  • Combined estimated GDV of H2 launches: ₹3,500-4,000 crore

Guidance for FY27

  • Pre-Sales Guidance: ₹1,800-2,000 crore
  • Revenue Growth Guidance: 55-60% YoY growth over FY26 revenue of ₹769 crore
  • PAT Growth Guidance: 55-60% YoY growth over FY26 PAT of ₹243 crore

Historical Performance Context

| Particulars | FY27 Guidance | H1 FY27 | FY26 | FY25 | FY24 |

| Pre-Sales | ₹1,800-2,000 Cr | ₹879 Cr | ₹1,157 Cr | ₹488 Cr | ₹348 Cr |

| Revenue | 55-60% Growth | ₹401 Cr | ₹769 Cr | ₹550 Cr | ₹462 Cr |

| PAT | 55-60% Growth | ₹134 Cr | ₹243 Cr | ₹228 Cr | ₹120 Cr |

Management Commentary

Mr. Anand K Pandit, Chairman & Managing Director, highlighted:

  • Strong endorsement of company's approach pairing premium products with sought-after Mumbai micro-markets
  • Growth achieved without compromising profitability, which remains a hallmark of their model
  • Redevelopment and joint development remain at core of strategy
  • Company maintains net debt-free balance sheet
  • Confidence in delivering stated FY27 guidance

Company Background

  • Mumbai-based real estate developer specializing in luxury and ultra-luxury residential and premium commercial projects
  • Strong focus on redevelopment in western suburbs of Mumbai
  • Completed 4 projects aggregating over 4.2 lakh sq. ft. carpet area
  • 8 ongoing and 16 upcoming developments covering ~46.8 lakh sq. ft. carpet area and ~36.9 lakh sq. ft. saleable area
  • Presence in Juhu, Andheri West, South Mumbai, Central Mumbai, Bandra, and Versova