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 ₹ 8,306 Cr.
- Current Price ₹ 170
- High / Low ₹ 218 / 166
- Stock P/E 37.2
- Book Value ₹ 35.8
- Dividend Yield 0.00 %
- ROCE 37.1 %
- ROE 41.3 %
- 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 52.2%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 64.9 to 136 days.
- Working capital days have increased from 137 days to 392 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.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
Part of BSE IPO
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 88 | 159 | 453 | 548 | |
| 75 | 138 | 295 | 259 | |
| Operating Profit | 12 | 21 | 158 | 289 |
| OPM % | 14% | 13% | 35% | 53% |
| 1 | 3 | 5 | 20 | |
| Interest | 0 | 1 | 0 | 0 |
| Depreciation | 0 | 1 | 1 | 2 |
| Profit before tax | 13 | 22 | 162 | 307 |
| Tax % | 38% | 26% | 26% | 26% |
| 8 | 16 | 120 | 228 | |
| EPS in Rs | 5.22 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 84% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 207% |
| TTM: | 91% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 52% |
| Last Year: | 41% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 20 | 20 | 20 | 44 | 49 |
| Reserves | 6 | 28 | 150 | 889 | 1,699 |
| 324 | 330 | 429 | 124 | 139 | |
| 21 | 106 | 138 | 162 | 258 | |
| Total Liabilities | 370 | 484 | 736 | 1,219 | 2,145 |
| 2 | 4 | 4 | 5 | 5 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 2 | 0 | 0 | 0 |
| 368 | 479 | 732 | 1,213 | 2,140 | |
| Total Assets | 370 | 484 | 736 | 1,219 | 2,145 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -88 | 65 | 46 | -20 | |
| -0 | -2 | 28 | 16 | |
| 91 | -15 | -44 | 250 | |
| Net Cash Flow | 3 | 49 | 30 | 246 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 42 | 24 | 34 | 136 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 42 | 24 | 34 | 136 |
| Working Capital Days | 1,334 | -25 | 45 | 392 |
| ROCE % | 6% | 33% | 37% |
Documents
Announcements
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Intimation Under Regulation 30(5) Of SEBI (LODR) Regulations, 2015
18 Nov - Authorized KMPs for disclosures: Anand K. Pandit (Chairman MD), Sanjay K. Jain (CEO), Rakesh K. Gupta (CFO), Ankit K. Tater (CS).
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Intimation Of Initial Subscription To Ordinary Shares In Wholly Owned Subsidiaries Of The Company
15 Nov - Subscribed Rs.10 lakh each to five new wholly‑owned subsidiaries on November 14, 2025.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
13 Nov - Transcript of the Earnings Call held on November 11, 2025 on unaudited financial results for the quarter and half year ended September 30, 2025
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
11 Nov - Monitoring Agency confirms ₹792 crore IPO proceeds utilization for quarter ended Sep 30, 2025; no deviations; ₹596.73 crore unutilized.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
11 Nov - Audio recording of Nov 11, 2025 Q2/H1 FY26 earnings call; results for quarter ended Sep 30, 2025.
Concalls
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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.