Sri Lotus Developers and Realty Ltd

Sri Lotus Developers and Realty Limited reported strong financial performance in Q2 and H1 FY27, with pre-sales of INR470 crores and INR879 crores respectively, representing 83% and 176% year-on-year growth. Total revenue rose 53% to INR269 crores in Q2, with EBITDA more than doubling to INR107 crores, and EBITDA margins expanding to 39.9%. For H1 FY27, revenue was INR401 crores, EBITDA INR155 crores, and PAT INR134 crores, with margins at 38.8% and 33.5% respectively. The company added three new projects, increasing its GDV pipeline to INR20,000 crores, with 19 redevelopment-led projects. Management guided toward FY27 pre-sales of INR1,800-2,000 crores, revenue and PAT growth of 55-60%, and EBITDA and PAT margins of 35-40% and 25-30% respectively. Collections stood at INR209 crores for H1, with expectations of improvement as projects reach billing milestones. The company emphasized its focus on location and margin-driven projects, with a net cash position of INR494 crores as of September 30, 2026. Management also discussed ongoing projects, including Lotus Trident in Andheri West, and plans for four new launches in H2 FY27. The company highlighted its net debt-free status, efficient project cycles, and strong demand in the luxury segment, with no significant interest rate sensitivity in its target market. The earnings call concluded with management reiterating confidence in sustaining growth and profitability.

The document highlights strong financial performance, significant growth in pre-sales, revenue, and profitability, along with confidence in future guidance and operational efficiency.