Key Business & Financial Updates

  • Q1 FY27 pre-sales increased by 567% year-over-year to ₹409 crores
  • Collections stood at ₹150 crores, up 115% year-over-year
  • Total Revenue reached ₹132 crores, representing 116% year-over-year growth
  • EBITDA stood at ₹48 crores, up 63% year-over-year
  • EBITDA Margin was 36.4%
  • Profit After Tax (PAT) was ₹46 crores, up 77% year-over-year
  • The company maintains a net debt-free balance sheet

Project Launches and Pipeline

During Q1 FY27, the company launched two new projects:

1. Lotus Trident (Andheri West)

2. Lotus Aquaria (Prabhadevi)

  • Combined Gross Development Value (GDV) of these projects: ₹1,350 crores
  • Both projects were launched towards the end of June 2026
  • Construction has commenced on both projects
  • Both projects are experiencing good traction and customer enquiries

Future Guidance and Plans

  • FY27 Pre-Sales Guidance: ₹1,800-2,000 crores
  • Revenue Growth Guidance: 55-60% year-over-year
  • PAT Growth Guidance: 55-60% year-over-year
  • The company plans to launch four additional projects in the remainder of FY27:
  • Lotus Aurelia
  • Lotus Sky Plaza
  • Lotus Portofino
  • Lotus Odyssey
  • Estimated combined GDV of these four projects: ₹3,500-4,000 crores
  • The company will continue to add new projects and developments to enhance future pipeline

Management Commentary

Mr. Anand K Pandit, Chairman & Managing Director, commented that Q1 FY27 marked a strong start with robust momentum across the business and sustained healthy demand for luxury and ultra-luxury residential portfolio. The performance was driven by sustained success of recently launched projects. Customer response to both new projects has been encouraging, with Lotus Trident receiving particularly strong interest immediately after launch. The company remains focused on disciplined capital allocation, selective project acquisitions, premium micro-market positioning, and timely execution.

Company Background

Sri Lotus Developers & Realty Ltd. (incorporated in 2015, formerly AKP Holdings Limited) is a Mumbai-based real estate developer specializing in luxury and ultra-luxury residential and premium commercial projects, with strong focus on redevelopment in western suburbs of Mumbai. The company has completed 4 projects aggregating over 4.2 lakh sq. ft. of carpet area, with 8 ongoing and 13 upcoming developments covering approximately 40.9 lakh sq. ft. of carpet area and 32.9 lakh sq. ft. of saleable area. The company has presence in Juhu, Andheri West, South Mumbai, Central Mumbai, Bandra, and Versova.

Disclaimer

The document contains forward-looking statements subject to numerous risks and uncertainties that may cause actual results to differ materially from anticipated results.