Develops luxury residential and commercial real estate projects concentrated in Mumbai's western suburbs.
Develops luxury residential and commercial real estate projects concentrated in Mumbai's western suburbs.
In one line: A Mumbai luxury real estate developer.
Moat: none (brand). Local brand recognition in Mumbai's luxury housing niche, a competitive and cyclical segment.
Headquarters: Mumbai, India · Employees: 77
Size Sri Lotus Developers and Realty (LOTUSDEV.NS) is an India Real Estate company (Real Estate Development) with a market value of $1.21B, the 544th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹233.82 on 6 Nov 2026.
Performance Over six months the shares gained 58.9%, against -12.0% for the median peer and 0.0% for the India market (cap-weighted) — highest of 20 in its peer set.
Growth Revenue grew 39.8% over the last twelve months (peer median -0.6%); the operating margin is 38.0% (peer median 14.9%).
Valuation It trades at 33.4× forward earnings against a peer median of 18.9× (2nd most expensive of 14).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹9.32B | ₹7.66B | ₹5.48B | ₹4.53B | ₹1.59B |
| Revenue growth | — | +40% | +21% | +184% | — |
| Gross profit | ₹4.09B | ₹3.30B | ₹3.35B | ₹1.89B | ₹319M |
| EBITDA | ₹3.56B | ₹2.83B | ₹2.90B | ₹1.58B | ₹215M |
| Net income | ₹2.93B | ₹2.37B | ₹2.27B | ₹1.20B | ₹166M |
| Free cash flow | n/a | -₹2.89B | -₹132M | ₹469M | ₹707M |
| Capital expenditure | n/a | ₹4.60M | ₹12.4M | ₹5.45M | ₹7.08M |
| Total debt | ₹1.31B | ₹1.31B | ₹1.24B | ₹4.29B | ₹3.30B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Sri Lotus Developers and Realty LOTUSDEV.NS | $1.21B | +59% | +40% | 38% | 33.4× | n/a |
| Oberoi Realty OBEROIRLTY.NS | $6.66B | +4% | +16% | 57% | 20.0× | n/a |
| Godrej Properties GODREJPROP.NS | $5.77B | -4% | +17% | 21% | 24.5× | n/a |
| Sobha SOBHA.NS | $1.44B | -12% | +10% | 4% | 29.9× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | LOTUSDEV.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.8% | -6.7% | 10th highest of 21 |
| 6-month return | +58.9% | -12.0% | highest of 20 |
| Distance from 52-week high | -7.4% | -31.4% | 6th highest of 21 |
| Revenue growth (TTM) | +39.8% | -0.6% | 4th highest of 21 |
| Operating margin | 38.0% | 14.9% | 9th highest of 21 |
| Forward P/E | 33.4× | 18.9× | 2nd most expensive of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sri Lotus Developers and Realty LOTUSDEV.NS | India | $1.21B | +59% | +40% | 38% | 33.4× | n/a | n/a |
| Forestar FOR | United States | $1.21B | -14% | -2% | 13% | 10.4× | n/a | n/a |
| Mainstreet Equity MEQ.TO | Canada | $1.19B | +1% | +5% | 60% | 18.9× | n/a | n/a |
| Shenzhen Zhenye (Group) 000006.SZ | China | $1.24B | -37% | -56% | 0% | n/a | n/a | n/a |
| Frey FREY.PA | France | $1.24B | 0% | +45% | 49% | 22.9× | n/a | n/a |
| Red Star Macalline 1528.HK | Hong Kong | $1.18B | -33% | -3% | -24% | 32.3× | n/a | n/a |
| Tosei 8923.T | Japan | $1.18B | +17% | +14% | 23% | 11.4× | n/a | n/a |
| Tibet Urban Development & Investment 600773.SS | China | $1.27B | -67% | -78% | -124% | n/a | n/a | n/a |
| Beijing Urban Construction Investment & Development Co 600266.SS | China | $1.16B | -21% | -31% | -2% | n/a | n/a | n/a |
| Art 0565.HK | Hong Kong | $1.28B | +38% | +51% | 60% | n/a | n/a | n/a |
| China Overseas Grand Oceans 0081.HK | Hong Kong | $1.30B | -7% | -3% | 5% | 19.2× | n/a | n/a |
| Wedge Industrial 000534.SZ | China | $1.30B | -57% | +4% | 10% | 28.6× | n/a | n/a |
| Sakura Development 2539.TW | Taiwan | $1.31B | -28% | +10% | 39% | n/a | n/a | n/a |
| IRSA Inversiones y Representaciones SA Sponsored ADR IRS | United States | $1.12B | -10% | +4% | 42% | 64.9× | n/a | n/a |
| Signatureglobal (India) SIGNATURE.NS | India | $1.11B | -17% | -23% | -7% | 22.8× | n/a | n/a |
| Cibus Real Estate AB (publ) CIBUS.ST | Sweden | $1.11B | -12% | +20% | 75% | 11.2× | n/a | n/a |
| Icade ICAD.PA | France | $1.33B | -22% | -9% | 17% | 5.3× | n/a | n/a |
| Gmp Property SOCIMI YGMP.MC | Spain | $1.33B | -4% | 0% | 53% | n/a | n/a | n/a |
| Horizon Industrial Parks HORIZONIND.NS | India | $1.33B | n/a | +83% | 44% | n/a | n/a | n/a |
| AEDAS Homes AEDAS.MC | Spain | $1.10B | +1% | -25% | 10% | 9.1× | n/a | n/a |
| Shenzhen Kingkey Smart Agriculture Times 000048.SZ | China | $1.10B | -7% | -17% | -15% | 10.4× | n/a | n/a |