Sri Lotus Developers & Realty Ltd

NSE: LOTUSDEV BSE: 544469

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]

₹136

52W: ₹102 — ₹218

PE 66 · Book ₹35.3 · +285% vs book

Market Cap₹6,637 Cr

Stock P/E66Price to Earnings

ROCE9.77%Return on Capital

ROE7.7%Return on Equity

Div. Yield0%Face Value ₹1

Strengths

+Company is almost debt free.

Weaknesses

−Earnings include an other income of Rs.41.8 Cr.
−Company has high debtors of 597 days.
−Working capital days have increased from 1,171 days to 2,880 days

Shareholding Pattern

Promoters81.87%

FIIs1%

DIIs1.59%

Public15.55%

Category	Sep 2025	Dec 2025	Mar 2026
Promoters	81.87%	81.87%	81.87%
FIIs	2.53%	1.76%▼0.8	1%▼0.8
DIIs	3.05%	2.84%▼0.2	1.59%▼1.2
Public	12.54%	13.54%▲1.0	15.55%▲2.0

Financial Statements

Metric	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	64	101	80	142	37	39	30	38
Expenses	23	38	27	48	11	19	7	12
Operating Profit	40	62	53	95	26	20	23	26
OPM %	63%	62%	66%	67%	71%	52%	77%	69%
Net Profit	30	47	44	75	23	23	27	28
EPS ₹	0	0	1.01	1.72	0.52	0.47	0.55	0.57

AI Insights

Revenue Trend

Mar 2026 revenue at ₹143Cr, down 63% YoY. OPM at 67%.

Debt Position

Borrowings at ₹77Cr. Debt-to-equity ratio: 0.05x. Healthy balance sheet.

Margin & Efficiency

ROCE improving from 0% (Mar 2022) to 10% (Mar 2026). Working capital days: 2880.

Valuation

PE 66x with 9.77% ROCE. Price is 285% above book value of ₹35.3. Dividend yield: 0%.