Sri Lotus Developers
Stock Snapshot
Price Performance
Vista Outlook
View Technicals Analysis →Basis of our Recommendation
Sri Lotus Developers (LOTUSDEV) is positioned for moderate revenue growth, supported by a strong operational performance in 1QFY27, highlighted by increased pre-sales and collection growth. Management's focus on a substantial development pipeline of approximately INR180 billion in gross development value (GDV) and a strategic shift towards higher-margin premium projects in the Mumbai Metropolitan Region (MMR) are pivotal for future earnings and margin expansion. The company's elite balance sheet, characterized by strong cash generation and low leverage, underpins its financial stability and capacity for capital allocation. However, the successful execution of upcoming projects and regulatory approvals will be critical in maintaining momentum. The real estate sector's improving pricing power and stable economic backdrop further bolster Vista's forecast, which anticipates an 11.14% upside with a 12-month target price of INR 214.54. Over the next 12-24 months, key opportunities include the execution of premium developments and urbanization trends, while headwinds may arise from regulatory challenges and potential market fluctuations
Why We Like This Stock
- Strong operational performance with significant pre-sales and collection growth in 1QFY27
- A robust development pipeline of ~INR180 billion in GDV, focusing on higher-margin premium projects
- An elite balance sheet with low leverage and strong cash generation supports future growth initiatives
Things To Watch Out For
- Future performance is contingent on timely execution and regulatory approvals for upcoming projects
- Moderating revenue growth relative to historical performance may limit short-term upside
- Potential market fluctuations and foreign institutional flow risks could impact investor sentiment
Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 453 | 548 | 769 | 992 | 1,306 |
| Profit Before Tax (Cr.) | 162 | 307 | 327 | 409 | 545 |
| PBT Margin | 35.8% | 56.0% | 4252.3% | 41.2% | 41.8% |
| Net Profit (Cr.) | 123 | 230 | 242 | 302 | 402 |
| Earnings Per Share | 2.5 | 4.7 | 5.0 | 6.2 | 8.2 |
Analyst Recommendations
| Broker | Recommendation | Target Price | Date |
|---|---|---|---|
| Motilal Oswal | ▲ Buy | 230 | 06-Aug-2026 |
Company Overview
Show Company Profile
Sri Lotus Developers and Realty Limited develops residential and commercial premises in Mumbai. The company's portfolio covers luxury and ultraluxury residential and upscale commercial projects. It also engages in production, distribution, and trading of cinematography films. The company was formerly known as AKP Holdings Limited and changed its name to Sri Lotus Developers and Realty Limited in December 2024. The company was incorporated in 2015 and is based in Mumbai, India.