Sri Lotus Developers And Realty Limited · NSE:LOTUSDEV
Sri Lotus Developers And Realty — Q3 FY26 Earnings Presentation
39 slides from Sri Lotus Developers And Realty's earnings presentation, Feb 9, 2026
Slide 1: Intimation of Investor Presentation to Stock Exchanges
Date: February 09, 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 Mumb
Slide 2: Investor Presentation February 2026
Investor Presentation February 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 20%+ premium over Asset-light sales, construction peers i
Slide 5: Current Project Portfolio
Current Project Portfolio by FY31^ Carpet Area* ~4.0mn. Sq. ft. Saleable Area* 24. Gift City Area Project ~3.2mn. Sq. ft. PAT Margin (%) ~ 25%-30% on a consistent basis * Excludes sold inventory * Includes Residential and Commercial Projects ^ Estimated timeline The map above indicates the locations
Slide 6: Expansion in GIFT City Area with Flagship Ultra Luxury Project
Expansion in GIFT City Area with Flagship UltraLuxury 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 with
Slide 7: Q3 FY26 Business & Financial Highlights
Q3 FY26 BUSINESS & FINANCIAL HIGHLIGHTS
Slide 8: From MD's Desk
From MD’s Desk “Our strong performance in the third quarter reflects the continued strength of our brand, sustained demand for our product, and a robust new project development pipeline. Pre-sales during the quarter stood at INR 376 Crs., registering a more than threefold year-on-year growth, while
Slide 9: 9M FY26 Business & Financial Highlights
9M FY26 Business & Financial Highlights Q3 & 9M FY26 GUIDANCE (FY26) ❖ Launched Project Varun (Bandra) in second half of Pre – Sales Collections November 2025, with strong initial traction — bookings of INR 52 Crs. Pre - Sales INR 695 Crs. INR 294 Crs. ~ INR 1,100 - 1,300 ❖ Saleable carpet area for
Slide 10: Strong Q3 Launch Traction – Presales up 247% YoY
Strong Q3 Launch Traction – Presales up 247% YoY Pre-Sales (INR Crs.) Collections (INR Crs.) +247% -17% 376 143 119 106 257 108 Q3FY25 Q2FY26 Q3FY26 Q3FY25 Q2FY26 Q3FY26 Project Varun (Bandra) was launched in the second half of November 2025 and witnessed strong initial traction, with bookings of IN
Slide 11: New Launches in Q3FY26
New Launches in Q3FY26 Representative Image Varun (BANDRA) 0.32 Lakh Sq. Ft. 19% INR 52 Crs. Saleable Area Sold Inventory Presales 10
Slide 12: Q3 & 9M FY26 Profit & Loss Statement
Q3 & 9M FY26 Profit & Loss Statement Particulars (INR Crs.) Q3 FY26 Q3 FY25 9M FY26 9M FY25 Revenue from operations 224 116 461 360 Cost of construction and development 62 43 431 170 Changes in inventories 64 -5 -177 -30 Employee benefit expenses 5 4 11 8 Other expenses 15 12 37 31 EBITDA 79 62 159
Slide 13: 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 14: Key Growth Strategies
KEY GROWTH STRATEGIES
Slide 15: 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 16: 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 17: Leveraging 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 18: Enhanced Focus on Asset-Light Model
2. Enhanced Focus on Asset-Light Model Advantages Asset Light Model • Capital Efficient Model 6 Ongoing Projects 14 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 19: 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 20: 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 21: 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 22: 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 23: 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 24: 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 25: Project Update
Loses WE OELGPERS PROJECT UPDATE
Slide 26: 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 9M FY26 Expected Project Name Location Area RERA Carpet Area % of Inventory sold project Presales Completion (sq. ft.) (sq. ft.) Lotus Amara Juhu 4
Slide 27: Ongoing project 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 26
Slide 28: Summary of Upcoming Projects (Residential)
Summary of Upcoming Projects (Residential) Estimated GDV for the upcoming projects is ~8,000-8,400 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 Celestia Versova 2,66,471
Slide 29: Summary of Upcoming Projects (Commercial)
Summary of Upcoming Projects (Commercial) Estimated GDV for the upcoming projects is ~5,200-5,700 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 30: 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 Celestia Versova R
Slide 31: Completed Projects
COMPLETED PROJECTS
Slide 32: 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 33: 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. 72% Sold Carpet Area Saleable Area Sold Inventory Carpet Area Saleable Area Sold Inventory ~INR 40,000 per Sq. Ft. INR 739
Slide 34: Historical Financials
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Slide 35: Financial Performance
Financial Performance Revenue (INR Cr.) EBITDA (INR Cr.) PAT (INR Cr.) 12.8% 34.2% 52.6% 9.8% 26.0% 41.5% +81% 550 289 228 462 272% +274% 158 120 167 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 36: 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 37: 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 38: 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 39: 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
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