Real Estate
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Updated on 13 Nov 2025, 07:33 am
Reviewed By
Satyam Jha | Whalesbook News Team
Motilal Oswal analysts have published a positive research report on Sri Lotus Developers and Realty Limited, highlighting a strong financial performance. In the second quarter of fiscal year 2026 (2QFY26), the company achieved presales of INR 2.6 billion, representing a substantial 126% increase compared to the same period last year and a four-fold rise from the previous quarter. This performance exceeded analyst estimates by 7%. For the first half of FY26 (1HFY26), total presales grew by 50% year-on-year to INR 3.2 billion.
During the quarter, Sri Lotus Developers launched two new projects: The Arcadian in Juhu and Amalfi in Versova. These projects have a combined Gross Development Value (GDV) of INR 10 billion and span 0.2 million square feet. They played a crucial role in the company's sales, contributing approximately 51% of the total presales achieved in the quarter, with The Arcadian generating INR 920 million and Amalfi adding INR 380 million.
Impact: This strong performance and successful project launches are expected to bolster investor confidence in Sri Lotus Developers and Realty Limited. The 'BUY' recommendation and price target by Motilal Oswal suggest a bullish outlook, potentially leading to an increase in the company's stock price. Rating: 7/10
Difficult terms: Presales: The total value of property sales that have been agreed upon by buyers and developers, but where the transaction is not yet fully completed and paid for. YoY: Year-on-year, a comparison of a metric to the same period in the previous year. QoQ: Quarter-on-quarter, a comparison of a metric to the immediately preceding quarter. FY26: Fiscal Year 2026, which typically runs from April 1, 2025, to March 31, 2026. GDV (Gross Development Value): The total estimated revenue a developer expects to earn from selling all units in a real estate project.