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 ₹ 5,115 Cr.
- Current Price ₹ 105
- High / Low ₹ 218 / 104
- Stock P/E 22.5
- 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.
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 | TTM | |
|---|---|---|---|---|---|
| 88 | 159 | 453 | 548 | 651 | |
| 75 | 138 | 295 | 259 | 383 | |
| Operating Profit | 12 | 21 | 158 | 289 | 268 |
| OPM % | 14% | 13% | 35% | 53% | 41% |
| 1 | 3 | 5 | 20 | 43 | |
| Interest | -0 | 1 | 0 | 0 | 2 |
| Depreciation | 0 | 1 | 1 | 2 | 2 |
| Profit before tax | 13 | 22 | 162 | 307 | 308 |
| Tax % | 38% | 26% | 26% | 26% | |
| 8 | 16 | 120 | 228 | 228 | |
| EPS in Rs | 5.22 | 4.93 | |||
| 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 | 71 | 46 | -20 | |
| -0 | -15 | 28 | 16 | |
| 91 | -11 | -44 | 250 | |
| Net Cash Flow | 3 | 45 | 30 | 246 |
| Free Cash Flow | -88 | 70 | 46 | -21 |
| CFO/OP | -663% | 379% | 52% | 19% |
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% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Pre-sales (Booking Value) INR Crores |
|
||
| Collections INR Crores |
|||
| Cumulative Area Delivered (Historical) Sq. ft. |
|||
| Average Selling Price (ASP) INR per sq. ft. |
|||
| Number of Ongoing Residential Projects Number |
|||
| Saleable Area (Ongoing & Upcoming) Sq. ft. |
|||
Documents
Announcements
- Closure of Trading Window 24 Mar
-
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.
-
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.
-
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.
-
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
-
Feb 2026Transcript PPT
-
Jan 2026TranscriptAI SummaryPPTREC
-
Nov 2025Transcript PPT REC
-
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.