Sri Lotus Developers & Realty

Sri Lotus Developers and Realty Limited has been appointed as the developer for a re-development project in Mumbai's Bandra West, near the Bandstand Promenade. The company aims to create an ultra-luxury development featuring world-class design, premium amenities, and an exclusive address that redefines premium living. The project is located in the heart of Bandra West. Additional project details will be disclosed later.

Sri Lotus Developers and Realty Limited has uploaded the audio recording of their earnings call for the quarter ended June 30, 2025, to their website. The earnings call was held on August 28, 2025, at 11:00 A.M. IST. The Mumbai-based real estate development company made the recording available on their investor relations website to comply with SEBI regulations. The company, which was formerly known as AKP Holdings Limited, is listed on both BSE and NSE with scrip code 544469 and symbol LOTUSDEV.

Sri Lotus Developers and Realty Limited reported Q1 FY26 results with revenue of ₹61 crores and profit after tax of ₹26 crores. The company achieved pre-sales of ₹61 crores with collections of ₹70 crores during the quarter. The Board approved unaudited financial results and appointed M/s Vishal N Manseta as Secretarial Auditors for five years. The company has three significant project launches lined up by September 2025 - The Arcadian (Juhu), Amalfi (Versova), and Varun (Bandra) - with total saleable carpet area of 2.2 lakh sq. ft. and estimated gross development value of ₹1,400-1,500 crores. During the financial year, the company added four new projects through development agreements and developer appointments. For FY26, management provided guidance of pre-sales between ₹1,100-1,300 crores (125-165% year-on-year growth), revenue growth of 75-85%, and profit after tax growth of 30-35%. The company maintains a net debt-free status with net cash balance of ₹905 crores. Chairman Anand K Pandit highlighted the company's stock exchange listing on August 6, 2025, and expressed confidence in achieving targets through their redevelopment-focused business model in Mumbai's luxury real estate segment.