Sri Lotus Developers & Realty Ltd
Incorporated in February 2015, Sri Lotus Developers and Realty Limited is a developer of residential and commercial properties located in Mumbai, specializing in redevelopment projects within the ultra-luxury and luxury segments of the western suburbs.[1]
- Market Cap ₹ 5,053 Cr.
- Current Price ₹ 103
- High / Low ₹ 218 / 102
- Stock P/E 34.2
- Book Value ₹ 34.2
- Dividend Yield 0.00 %
- ROCE 39.0 %
- ROE 37.8 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 49.7%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 167 days.
- Working capital days have increased from 317 days to 542 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 31 | 0 | 358 | 387 | 248 | |
| 37 | 2 | 213 | 137 | 84 | |
| Operating Profit | -5 | -2 | 145 | 250 | 164 |
| OPM % | -17% | 41% | 65% | 66% | |
| 0 | 0 | 4 | 15 | 37 | |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 | 2 |
| Profit before tax | -5 | -2 | 148 | 264 | 199 |
| Tax % | 0% | 0% | 25% | 26% | |
| -5 | -2 | 110 | 196 | 148 | |
| EPS in Rs | 4.50 | 3.26 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 131% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 239% |
| TTM: | 79% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 50% |
| Last Year: | 38% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 20 | 20 | 20 | 44 | 49 |
| Reserves | -7 | -9 | 132 | 841 | 1,625 |
| 273 | 260 | 238 | 81 | 80 | |
| 3 | 4 | 32 | 13 | 91 | |
| Total Liabilities | 290 | 275 | 422 | 978 | 1,844 |
| 0 | 0 | 2 | 3 | 3 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 1 | 7 | 9 | 9 |
| 290 | 274 | 413 | 965 | 1,833 | |
| Total Assets | 290 | 275 | 422 | 978 | 1,844 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -57 | 6 | 73 | 97 | |
| 0 | 11 | -16 | -227 | |
| 55 | -14 | -62 | 377 | |
| Net Cash Flow | -2 | 4 | -5 | 246 |
| Free Cash Flow | -57 | 6 | 72 | 95 |
| CFO/OP | 1,012% | -166% | 74% | 62% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 58 | 34 | 167 | |
| Inventory Days | 45 | 253 | ||
| Days Payable | 1 | 14 | ||
| Cash Conversion Cycle | 102 | 34 | 406 | |
| Working Capital Days | 3,306 | 93 | 542 | |
| ROCE % | -1% | 45% | 39% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Pre-sales (Booking Value) INR Crores |
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| Collections INR Crores |
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| Cumulative Area Delivered (Historical) Sq. ft. |
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| Average Selling Price (ASP) INR per sq. ft. |
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| Number of Ongoing Residential Projects Number |
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| Saleable Area (Ongoing & Upcoming) Sq. ft. |
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Documents
Announcements
- Closure of Trading Window 24 Mar
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Intimation Of Incorporation Of Wholly Owned Subsidiary Company
18 Mar - Incorporated wholly owned subsidiary Sri Lotus Grand Abodes Pvt Ltd on March 18, 2026; paid-up capital Rs.10,00,000.
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Intimation Of Incorporation Of Wholly Owned Subsidiary Company
17 Mar - Incorporated wholly-owned Sri Lotus Imperial Projects Pvt Ltd on March 14, 2026; paid-up capital Rs.10,00,000; 100% stake.
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Intimation Of Incorporation Of Wholly Owned Subsidiary Company(Ies)
13 Mar - Incorporated two wholly-owned subsidiaries Mar 12–13, 2026; paid-up capital Rs.10,00,000 each.
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Intimation Of Incorporation Of Wholly Owned Subsidiary
12 Mar - Incorporated wholly owned subsidiary Sri Lotus Elegancia Realty Pvt Ltd on March 12, 2026; paid-up capital Rs10,00,000; 100% holding.
Concalls
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Feb 2026Transcript PPT
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Jan 2026TranscriptAI SummaryPPTREC
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Nov 2025Transcript PPT REC
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Sep 2025Transcript PPT
Business Profile[1]
Sri Lotus Developers and Realty Limited is a Mumbai-based real estate developer that operates under an asset-light model, operating through development and joint development agreements rather than acquiring land outright. The Projects are marketed under the "Lotus Developers" brand, which commands a 22% pricing premium in the Juhu micro-market.