Sri Lotus Developers And Realty Limited · NSE:LOTUSDEV
Sri Lotus Developers And Realty — Q2 FY27 Earnings Presentation
41 slides from Sri Lotus Developers And Realty's earnings presentation, Oct 15, 2026
Slide 1: Intimation letter to stock exchanges
Date: October 15, 2026 To, To, The Compliance Manager The Manager Listing Department Listing and Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai - 400001 Mumba
Slide 2: Investor Presentation October 2026
Investor Presentation October 2026
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sri Lotus Developers & Realty Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 4: Lotus Developers: Luxury and Ultra Luxury Developer
Lotus Developers: Luxury and Ultra Luxury Developer Developer of residential and commercial premises in Mumbai, with a focus in redevelopment projects in the luxury and ultra luxury segment End-to-end in-house Rapid project execution—covering Asset-light sales, construction 20%+ premium over We buil
Slide 5: Current Project Portfolio
Current Project Portfolio Carpet Area# ~4.7mn. Sq. ft. Saleable Area*# ~3.5mn. Sq. ft. 28. Gift City Area Project PAT Margin (%) ~ 25%-30% on a consistent basis Project Surplus^ ~INR 9,500 Crs. From ongoing + Completed+ Upcoming Projects * Excludes sold inventory # Includes Residential and Commercia
Slide 6: One of its Kind Brand Campaign – Luxury Coastline Collection
One of its Kind Brand Campaign – “Luxury Coastline Collection” In April 2026, Lotus Developers launched its first brand campaign unveiling “Luxury Coastline Collection” This first-of-its-kind initiative in India DADAR features 11 stunning projects across Mumbai’s most sought-after coastal locations,
Slide 7: Expansion in GIFT City Area with Flagship Ultra Luxury Project
Expansion in GIFT City Area with Flagship Ultra Luxury Project Project Profile: ❖ Land: Carpet area of ~1 Mn. Sq. Ft.; Freehold ❖ Location: On the Bank of Sabarmati river, adjoining Gift City Highlights of the project: ❖ Agreement type: Joint Development Agreement with profit sharing arrangement wit
Slide 8: Q2 FY27 Business & Financial Highlights
Q2 FY27 BUSINESS & FINANCIAL HIGHLIGHTS
Slide 9: From MD's Desk
From MD’s Desk “I am delighted to report a strong second quarter, which completes an outstanding first half for Sri Lotus. Pre-sales for Q2 FY27 grew 83% YoY to INR 470 Crs. For H1 FY27, pre-sales stood at INR 879 Crs, up 176% YoY and on track to achieve our full-year guidance. This is a clear endor
Slide 10: Q2 & H1 FY27 Business & Financial Highlights
Q2 & H1 FY27 Business & Financial Highlights H1 & Q2 FY27 GUIDANCE (FY27) Pre – Sales Collections Pre - Sales INR 879 Crs. INR 209 Crs. ❖ Pre-sales momentum: Q2 FY27 pre- sales rose 83% YoY to INR 470 Crs, ~ INR 1,800 - 2,000 (INR 470 Crs. in Q2FY27) (INR 60 Crs. in Q2FY27) reflecting sustained dema
Slide 11: Presales grew 83% YoY
Presales grew 83% YoY Pre-Sales (INR Crs.) Collections (INR Crs.) +83% -44% 470 106 257 60 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2 FY27 pre-sales grew 83% YoY to INR 470 Crs, with six projects contributing, which shows that demand is spread across the portfolio rather than resting on a single project. Lotus
Slide 12: Q2 FY27 Profit & Loss Statement
Q2 FY27 Profit & Loss Statement Particulars (INR Crs.) Q2 FY27 Q2 FY26 YoY % H1 FY27 H1 FY26 YoY % Revenue from operations 269 176 52.5% 401 237 68.9% Cost of construction and development 416 316 550 369 Changes in inventories -273 -209 -340 -240 Employee benefit expenses 7 3 13 7 Other expenses 12
Slide 13: Consolidated Balance Sheet
Consolidated Balance Sheet Equity and Liabilities (INR Crs.) Sep-26 Mar-26 Assets (INR Crs.) Sep-26 Mar-26 Equity share capital 48.9 48.9 Property, plant and equipment 7.9 1.9 Other equity 1,986.2 1,862.2 Intangible assets under development 0.3 0.3 Non-controlling interest 14.3 7.6 Goodwill 1.8 1.8
Slide 14: Consolidated Cashflow Statement
Consolidated Cashflow Statement Particulars (INR Crs.) H1 FY27 H1 FY26 Net Profit Before Tax 179.2 97.6 Adjustments for: Non -Cash Items / Other Investment or Financial Items -15.6 -15.1 Operating profit before working capital changes 163.7 82.4 Changes in working capital -305.8 -198.0 Cash generate
Slide 15: Raised Capital through IPO
Raised Capital through IPO Fresh Issue of INR 792 Crs. Use of proceeds ❖ Investment in our Subsidiaries, Richfeel Real Estate Private Limited, Dhyan Projects Private Limited and Tryksha Real Estate Private Limited for part-funding development and construction cost of our Ongoing Projects, Amalfi, Th
Slide 16: Key Growth Strategies
KEY GROWTH STRATEGIES
Slide 17: Key Growth Strategies
Key Growth Strategies Strategic position in the Western suburbs of Mumbai - leveraging on market dynamics and consumer Brand Equity driven by centric approach Capabilities & Timely Execution with an ability to sell units during construction phase Enhanced Focus on Asset- Light Model Selectively Deve
Slide 18: Strategic Position in the Western Suburbs of Mumbai
1. Strategic Position in the Western Suburbs of Mumbai… Luxury Segment (> ₹2.5 cr.) in India grew from 3% in CY21 to 22% in Q1CY25 1 … Strategic Positioning in Ultra Luxury and Luxury segment in the western Suburbs of Mumbai… < Rs. 40 lakhs Rs. 40 lakhs - Rs. 80 lakhs Rs. 80 lakhs - Rs. 1.5 cr Rs. 1
Slide 19: Leveraging on market dynamics and consumer centric approach
… leveraging on market dynamics and consumer centric approach Strengthen positioning in the luxury and ultra luxury segment in western suburbs of Mumbai Design projects that resonate with Customers Strategic Research before Planning Market Driven Strategy Andheri Gap in demand for commercial High de
Slide 20: Enhanced Focus on Asset-Light Model
2. Enhanced Focus on Asset-Light Model Advantages Asset Light Model • Capital Efficient Model 8 Ongoing Projects 16 Upcoming Projects • Financial flexibility to undertake of which new projects in developing areas 5 Redevelopment Projects 14 Redevelopment Projects Way Forward 2 Joint Development Proj
Slide 21: Expand into the Other Micro-Markets of Mumbai
3. Expand into the Other Micro-Markets of Mumbai With an established foothold in the luxury and ultra-luxury real estate market of Juhu and Andheri West, strategically expand to other micro-markets in Mumbai Micro-Market Western Suburbs South-Central Mumbai* Eastern Suburbs - Mumbai Versova and Prab
Slide 22: Brand Equity driven by Capabilities & Timely Execution
4. Brand Equity driven by Capabilities & Timely Execution Integrated development model Leverage technology in various with in-house experts Focus on aspects of operations Customer Satisfaction Sales & Business Development Team 3D building information Project Planning and Execution modelling software
Slide 23: Ability to Sell Units during the Construction Phase
… with an ability to Sell Units during the Construction Phase Proven Strength in Pre-sales Pre-Sales backed by… 87% 45% 79% 79% 42% 72% Quality Product Established Brand Offerings 34% 36% 56% 46% 45% 35% Provide Cashflow for Operations 29% 27% 26% Helps maintain Low Indebtedness Ananya Arc One Signa
Slide 24: Selectively Develop Commercial Projects
5. Selectively Develop Commercial Projects Selectively develop projects in the commercial segment in Andheri West as well as other regions in the western suburbs of Mumbai Commercial Projects Majority of these commercial projects are located in Andheri West ✓ One of Mumbai's key business districts w
Slide 25: Seasoned Board of Directors
Seasoned Board of Directors… Anand Kamalnayan Pandit Paarth Deepak Chheda Ashika Anand Pandit (Chairman & Managing Director) (Executive Director) (Wholetime Director) • 24+ years of experience in the real estate sector • Paarth Chheda, graduated as an architect from • 9+ years of experience in the r
Slide 26: Experienced Management Team
… with an experienced Management Team Sanjay Kumar Jain Rakesh Gupta Ankit Kumar Tater (Company Secretary and (Chief Executive Officer) (Chief Financial Officer) Compliance Officer) • 28+ years of experience in the finance and • 18+ years of experience in the finance sector • 6+ years of experience
Slide 27: Project Update
PROJECT UPDATE
Slide 28: Summary of Ongoing Projects (Residential & Commercial)
Summary of Ongoing Projects (Residential & Commercial) Estimated GDV for the ongoing projects is ~4,500-4,700 Crs. Estimated carpet Estimated Saleable % stake in the Q2 FY27 Expected Project Name Location Area RERA Carpet Area % of Inventory sold project Presales Completion (Lakh sq. ft.) (Lakh sq.
Slide 29: Ongoing project images
Arcadian (Juhu) Lotus Amara (Juhu) Lotus Athena (Juhu) Amalfi (Versova – Andheri) Representative Image Representative Image Representative Image Representative Image Varun (Carter Road – Bandra) Lotus Aquaria (Prabhadevi) Lotus Celestia (Versova) Lotus Trident (Andheri West) Representative Image Rep
Slide 30: Summary of Upcoming Projects (Residential)
Summary of Upcoming Projects (Residential) Estimated GDV for the upcoming projects is ~8,700-8,900 Crs. Estimated Saleable Estimated Carpet Area % Stake in the Expected Expected Project Name1 Location RERA Carpet Area (Lakh sq. ft.) project Commencement Completion (Lakh sq. ft.) Lotus Monarch Juhu 2
Slide 31: Summary of Upcoming Projects (Commercial)
Summary of Upcoming Projects (Commercial) Estimated GDV for the upcoming projects is ~6,600-6,800 Crs. Estimated Saleable Estimated Carpet Area % stake in the Expected Expected Project Name Location RERA Carpet Area (Lakh sq. ft.) project Commencement Completion (Lakh sq. ft.) Lotus Sky Plaza Oshiwa
Slide 32: Project Timelines
Project Timelines Project Name Location Project Type FY24 FY25 FY26 FY27 FY28 FY29 FY30 FY31 FY32 Lotus Amara Juhu Residential Lotus Athena Juhu Residential The Arcadian Juhu Residential Amalfi Versova Residential Varun Bandra West Residential Lotus Aquaria Prabhadevi Residential Lotus Celestia Vers
Slide 33: Completed Projects
COMPLETED PROJECTS
Slide 34: Completed Residential Projects
Completed Residential Projects Redevelopment Redevelopment ANANYA (Juhu) AYANA (Juhu) 79,467 Sq. Ft. 56,076 Sq. Ft. 95% Sold 70,268 Sq. Ft. 50,455 Sq. Ft. 70% Sold Carpet Area Saleable Area Sold Inventory Carpet Area Saleable Area Sold Inventory ~INR 46,000 per Sq. Ft. INR 262 Crs. INR 244 Crs. ~INR
Slide 35: Completed Commercial Projects
Completed Commercial Projects Greenfield Redevelopment SIGNATURE (Andheri West) ARC ONE (Andheri West) 1,83,433 Sq. Ft. 1,83,433 Sq. Ft. 100% Sold 1,11,053 Sq. Ft. 88,442 Sq. Ft. 91% Sold Carpet Area Saleable Area Sold Inventory Carpet Area Saleable Area Sold Inventory ~INR 40,000 per Sq. Ft. INR 73
Slide 36: Historical Financials
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Slide 37: Financial Performance
Financial Performance Revenue (INR Cr.) EBITDA (INR Cr.) PAT (INR Cr.) 12.8% 34.2% 52.6% 36.5% 9.8% 26.0% 41.5% 31.6% +146% 138% +66% 769 289 281 228 243 550 462 158 120 167 21 16 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 ROE & ROCE (%) Gross Debt (INR Crs.) & Debt to Equity (x) 10
Slide 38: Profit & Loss Statement
Profit & Loss Statement Particulars (INR Crs.) FY26 FY25 FY24 FY23 Revenue from operations 769.0 549.7 461.6 166.9 Cost of construction and development 717.6 244.9 318.9 131.0 Changes in inventories -298.3 -46.3 -56.8 -5.6 Employee benefit expenses 15.2 12.5 0.7 1.0 Other expenses 53.9 49.6 40.9 19.
Slide 39: Balance Sheet
Balance Sheet Equity and Liabilities (INR Crs.) Mar-26 Mar-25 Mar-24 Mar-23 Assets (INR Crs.) Mar-26 Mar-25 Mar-24 Mar-23 Equity share capital 48.9 43.6 20.0 20.0 Property, plant and equipment 1.9 3.4 1.8 2.3 Other equity 1,862.2 888.8 149.6 28.4 Intangible assets under development 0.3 0.0 - - Non-c
Slide 40: Cash Flow Statement
Cash Flow Statement Particulars (INR Crs.) FY26 FY25 FY24 FY23 Net Profit Before Tax 326.7 306.8 161.8 22.4 Adjustments for: Non -Cash Items / Other Investment or Financial Items -40.0 -13.7 -3.0 -1.3 Operating profit before working capital changes 286.8 293.2 158.8 21.1 Changes in working capital -
Slide 41: Thank You
THANK YOU For further information, please contact: Sri Lotus Developers & Realty Ltd. Investor Relations: Strategic Growth Advisors (SGA) CIN: L68200MH2015PLC262020 CIN: U74140MH2010PTC204285 Mr. Rakesh Gupta – CFO Mr. Deven Druva / Mr. Ronak Jain investors@lotusdevelopers.com deven.dhruva@sgapl.net
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