SRI LOTUS DEVLPRS N RTY L

Sri Lotus Developers and Realty Limited held its Q1 FY27 earnings conference call on August 4, 2026, where management provided an overview of the luxury real estate market, noting a significant demand increase in Mumbai despite broader market moderation. Pre-sales for the quarter reached INR409 crores, a 567% year-on-year increase, while collections rose by 115% to INR150 crores. Profit after tax grew 77% to INR46 crores, with a PAT margin of 34.5%. The company launched two new projects and plans to introduce four more in FY27, with a combined estimated GDV of INR3,500 to 4,000 crores. Management reiterated its guidance for pre-sales between INR1,800 to 2,000 crores and revenue and PAT growth of 55% to 60%. The ongoing and upcoming project pipeline includes 22 projects with a total GDV of approximately INR17,500 to 18,000 crores, primarily focused on redevelopment.

Management highlighted strong growth and a robust project pipeline.