LOTUSDEV NSE filing

Sri Lotus Developers Q3 FY26: Pre-sales Surge 247% to ₹376 Cr, PAT at ₹70 Cr

The RealCase readHigh impact Positive

Sri Lotus Developers reported Q3 FY26 pre-sales of ₹376 crore, a 247% YoY increase. PAT stood at ₹70 crore, up 37% YoY. Revenue grew 93% YoY to ₹224 crore. The company has a pipeline of 20 projects with an estimated GDV of ₹16,000-₹17,000 crore. They expect to launch two projects by March 2026 with a combined revenue potential of over ₹2,000 crore. A dividend policy is under consideration.

Why it matters

The substantial increase in pre-sales and PAT, coupled with a strong development pipeline and positive management outlook, indicates a significant positive impact on the company's financial performance and future prospects.

The market read

The company reported significant year-on-year growth in pre-sales and PAT, along with healthy revenue growth. The robust project pipeline and confident outlook suggest a positive financial trajectory.

Sri Lotus Developers and Realty Limited (formerly AKP Holdings Limited) announced strong financial results for the quarter and nine months ended December 31, 2025. The company reported pre-sales of ₹376 crore for Q3 FY26, marking a significant year-on-year growth of 247%. Collections during the quarter were healthy at ₹119 crore. The company launched project Varun in Bandra, which saw 19% of its carpet area sold in the launch quarter. Projects like The Arcadian and Amalfi continued to show strong demand, with 34% and 45% of inventory absorbed, respectively, within four months of launch.

Construction is progressing well for Lotus Aquaria and Lotus Celestia, with planned launches by March 2026, carrying a combined revenue potential exceeding ₹2,000 crore. The company added eight new projects to its portfolio year-to-date, with an additional Gross Development Value (GDV) of ₹7,500 to ₹8,000 crore. The current pipeline comprises 20 projects (16 residential, 4 commercial) with an estimated GDV of ₹16,000 to ₹17,000 crore, expected to be realized by FY31.

Financially, for Q3 FY26, revenue stood at ₹224 crore (up 93% YoY), EBITDA was ₹79 crore (up 29% YoY) with a margin of 35.5%, and Profit After Tax (PAT) was ₹70 crore (up 37% YoY). For the nine months ended December 2025, pre-sales reached ₹695 crore (up 117% YoY), revenue was ₹461 crore, and PAT was ₹142 crore. Net cash on the books as of December 31, 2025, was ₹845 crore.

The company is confident in achieving its FY26 pre-sales guidance of ₹1,100 to ₹1,300 crore. Management reiterated its focus on disciplined growth, timely execution, and building long-term value, expecting to sustain PAT margins between 25% and 30%. The company also indicated that a dividend policy will be proposed to the board and general body in the near future.

Filing to action

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Sri Lotus Developers and Realty Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Sri Lotus Developers and Realty Limited. Read the original for the full detail.

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