Sri Lotus Developers And Realty Limited · NSE:LOTUSDEV
Sri Lotus Developers And Realty — Q2 FY26 Earnings Presentation
40 slides from Sri Lotus Developers And Realty's earnings presentation, Nov 10, 2025
Slide 1: Intimation of Investor Presentation to stock exchanges
Date: November 10, 2025 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 Mumb
Slide 2: Investor Presentation November 2025
Investor Presentation November 2025
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 20%+ premium over Asset-light sales, construction peers i
Slide 5: Current Project Portfolio across Mumbai
Current Project Portfolio across Mumbai by FY30^ Carpet Area* ~2.8mn. Sq. ft. Saleable Area* ~2.1mn. Sq. ft. PAT Margin (%) ~ 25%-30% on a consistent basis * Excludes sold inventory of completed projects; * Includes Residential and Commercial Projects ^ Estimated timeline The map above indicates the
Slide 6: Q2 FY26 Business & Financial Highlights
Q2 FY26 BUSINESS & FINANCIAL HIGHLIGHTS
Slide 7: From MD's Desk
From MD’s Desk Lotus Developers delivered a strong performance in Q2 FY26, driven by robust pre-sales of INR 257 crore growing 126% YoY and healthy collections of INR 106 crore. Revenue for Q2 FY26 stood at INR 176 crore, up 44% YoY, while Profit for the Period was INR 46 crore. The quarter marked t
Slide 8: H1FY26 Business & Financial Highlights
H1FY26 Business & Financial Highlights Q2 & H1 FY26 GUIDANCE (FY26) ❖ Launched The Arcadian (Juhu) and Amalfi Pre – Sales Collections (Versova) in September 2025, with strong initial traction — bookings of INR 92 Crs. in Arcadian and INR Pre - Sales 38 Crs. in Amalfi. INR 319 Crs. INR 175 Crs. (INR
Slide 9: Strong Q2 Launch Traction – Presales up 126% YoY
Strong Q2 Launch Traction – Presales up 126% YoY Pre-Sales (INR Crs.) Collections (INR Crs.) +126% +16% 257 106 92 70 114 61 Q2FY25 Q1FY26 Q2FY26 Q2FY25 Q1FY26 Q2FY26 Launched The Arcadian (Juhu) and Amalfi (Versova) in September 2025, with strong initial traction — bookings of INR 92 Crs. in Arcadi
Slide 10: New Launches in Q2FY26
New Launches in Q2FY26 Representative Image Representative Image ARCADIAN (JUHU) AMALFI (VERSOVA, ANDHERI) 1.3 Lakh Sq. Ft. INR 700 Crs. 0.5 Lakh Sq. Ft. INR 300 Crs. Saleable Area GDV Saleable Area GDV 5% INR 92 Crs. 6% INR 38 Crs. Sold Inventory Presales Sold Inventory Presales 9
Slide 11: Q2 & H1FY26 Profit & Loss Statement
Q2 & H1FY26 Profit & Loss Statement Particulars (INR Crs.) Q2 FY26 Q1 FY26 Q2 FY25 H1 FY26 H1 FY25 Revenue from operations 176.1 61.3 122.7 237.4 243.4 Cost of construction and development 315.5 53.4 38.1 369.0 126.5 Changes in inventories -208.9 -31.5 7.2 -240.5 -24.7 Employee benefit expenses 3.5
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet Equity and Liabilities (INR Crs.) Sep-25 Mar-25 Assets (INR Crs.) Sep-25 Mar-25 Equity share capital 48.9 43.6 3.4 Property, plant and equipment 2.7 Other equity 1,698.7 888.9 Intangible assets under development 0.1 0.0 Non-controlling interest 1.8 1.4 Investment property
Slide 13: Consolidated Cashflow Statement
Consolidated Cashflow Statement Particulars (INR Crs.) H1FY26 H1FY25 Net Profit Before Tax 97.56 121.70 Adjustments for: Non -Cash Items / Other Investment or Financial Items -15.13 -3.83 Operating profit before working capital changes 82.43 117.87 Changes in working capital -197.97 -99.47 Cash gene
Slide 14: 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 15: Key Growth Strategies
KEY GROWTH STRATEGIES
Slide 16: 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 17: 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 18: 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 19: Enhanced Focus on Asset-Light Model
2. Enhanced Focus on Asset-Light Model Advantages Asset Light Model • Capital Efficient Model 6 Ongoing Projects 12 Upcoming Projects • Financial flexibility to undertake new projects in developing areas of which • Among one of the Highest ROE in the Industry – 41% in FY25 4 Redevelopment Projects 1
Slide 20: 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 Prabhadevi & Nep
Slide 21: 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 22: 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% 42% Established Brand Quality Product Offerings 36% 34% 56% 45% Provide Cashflow for Operations 29% 26% Helps maintain Low Indebtedness Ananya Arc One Signature Ayana Within 1
Slide 23: 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 24: Seasoned Board of Directors
Seasoned Board of Directors… Anand Kamalnayan Pandit Roopa Anand Pandit Ashika Anand Pandit (Non-Executive & Non-Independent (Chairman & Managing Director) (Wholetime Director) Director) • 24+ years of experience in the real estate sector • 9+ years of experience in the real estate sector • 9+ years
Slide 25: 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 26: Project Update
Loses WE OELGPERS PROJECT UPDATE
Slide 27: Summary of Ongoing Projects (Residential)
Summary of Ongoing Projects (Residential) Estimated GDV for the ongoing projects is ~2,700-2,800 Crs. Estimated carpet Estimated Saleable % stake in the Expected Project Name Location Area RERA Carpet Area Presales % of Inventory sold project Completion (sq. ft.) (sq. ft.) Lotus Amara Juhu 49,707 49
Slide 28: Ongoing project representative images
Arcadian (Juhu) Lotus Amara (Juhu) Lotus Athena (Juhu) Representative Image Representative Image Representative Image Amalfi (Versova – Andheri) Varun (Carter Road – Bandra) Lotus Aquaria (Prabhadevi) Representative Image Representative Image Representative Image 27
Slide 29: Summary of Upcoming Projects (Residential)
Summary of Upcoming Projects (Residential) Estimated GDV for the upcoming projects is ~7,300-7,800 Crs. Estimated Saleable Estimated Carpet Area % Stake in the Expected Expected Project Name Location RERA Carpet Area (sq. ft.) project Commencement Completion (sq. ft.) Lotus Celestial Versova 2,66,47
Slide 30: Summary of Upcoming Projects (Commercial)
Summary of Upcoming Projects (Commercial) Estimated GDV for the upcoming projects is ~3,000-3,500 Crs. Estimated Saleable Estimated Carpet Area % stake in the Expected Expected Project Name Location RERA Carpet Area (sq. ft.) project Commencement Completion (sq. ft.) Lotus Trident Andheri West 1,37,
Slide 31: Project Timelines
Project Timelines Project Name Location Project Type FY24 FY25 FY26 FY27 FY28 FY29 FY30 FY31 Lotus Amara Juhu Residential Lotus Athena Juhu Residential The Arcadian Juhu Residential Amalfi Versova Residential Varun Bandra West Residential Lotus Aquaria Prabhadevi Residential Lotus Celestial Versova
Slide 32: Completed Projects
COMPLETED PROJECTS
Slide 33: 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. 61% 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 34: 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. 99% Sold 1,11,053 Sq. Ft. 88,442 Sq. Ft. 69% Sold Carpet Area Saleable Area Sold Inventory Carpet Area Saleable Area Sold Inventory ~INR 40,000 per Sq. Ft. INR 739
Slide 35: Historical Financials
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Slide 36: Financial Performance
Financial Performance Revenue (INR Cr.) EBITDA (INR Cr.) PAT (INR Cr.) 12.5% 34.4% 52.6% 9.8% 26.0% 41.5% +81% 550 289 228 462 272% +274% 159 120 167 21 16 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 ROE & ROCE (%) Gross Debt (INR Crs.) & Debt to Equity (x) 109.9% 6.90 500 7 428 6 400 329 5 300 ` `
Slide 37: Profit & Loss Statement
Profit & Loss Statement Particulars (INR Crs.) FY25 FY24 FY23 Revenue from operations 549.7 461.6 166.9 Cost of construction and development 244.9 318.9 131.0 Changes in inventories -46.3 -56.8 -5.6 Employee benefit expenses 12.5 0.7 1.0 Other expenses 49.6 40.9 19.0 EBITDA 289.0 157.9 21.4 EBITDA M
Slide 38: Balance Sheet
Balance Sheet Equity and Liabilities (INR Crs.) Mar-25 Mar-24 Mar-23 Assets (INR Crs.) Mar-25 Mar-24 Mar-23 Equity share capital 43.6 20.0 20.0 Property, plant and equipment 3.4 1.8 2.3 Other equity 888.8 149.6 28.4 Intangible assets under development 0.0 - - Non-controlling interest 1.4 0.9 -0.7 In
Slide 39: Cash Flow Statement
Cash Flow Statement Particulars (INR Crs.) FY25 FY24 FY23 Net Profit Before Tax 306.8 161.8 22.4 Adjustments for: Non -Cash Items / Other Investment or Financial Items -13.7 -3.0 -1.3 Operating profit before working capital changes 293.2 158.8 21.1 Changes in working capital -238.6 -76.6 59.9 Cash g
Slide 40: 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 / Ms. Prachi Chhugani investors@lotusdevelopers.com deven.dhruva@sgap
Sri Lotus Developers and Realty — Q2 FY26 Earnings Presentation on 6ix