Sri Lotus Developers and Realty Limited — Quarter and year ended March 31, 2026
Audited Consolidated Financial Results For The Quarter and Year Ended March 31, 2026 (₹ in Millions Except EPS)
| Particulars | Quarter Ended | Year Ended |
|---|---|---|
| Mar 31, 2026 (Audited) | Mar 31, 2026 (Audited) | |
| I. INCOME | ||
| Revenue from operations | 3,074.98 | 7,689.51 |
| II. Other income | 145.35 | 497.66 |
| III. Total income | 3,220.33 | 8,187.17 |
| IV. EXPENSES | ||
| Cost of construction and development | 2,865.86 | 7,175.72 |
| Changes in inventories | (1,213.74) | (2,983.28) |
| Employee benefits expenses | 40.56 | 152.39 |
| Finance costs | 4.74 | 19.42 |
| Depreciation and amortisation expenses | 4.37 | 16.72 |
| Other expenses | 169.52 | 538.74 |
| Total expenses | 1,871.31 | 4,919.71 |
| V. Profit before taxes (III-IV) | 1,349.02 | 3,267.46 |
| Tax expenses: | ||
| Current tax | 345.19 | 840.42 |
| Short / (excess) provision of earlier years | 4.04 | 4.04 |
| Deferred tax | (9.43) | (10.03) |
| Total tax expenses | 339.80 | 834.43 |
| VII. Profit after tax (V-VI) | 1,009.22 | 2,433.03 |
| VIII Other comprehensive income | ||
| Items that will not be reclassified to profit or loss: | ||
| Remeasurements of post-employment benefit obligations | 0.38 | (1.15) |
| Income tax on the above | (0.10) | 0.29 |
| Other Comprehensive Income/(Loss) for the period (net of tax) | 0.28 | (0.86) |
| IX Total Comprehensive Income /(Loss) for the Period | 1,009.50 | 2,432.17 |
| Net profit attributable to: | ||
| Owner’s of the parent | 955.78 | 2,370.85 |
| Non-controlling interest | 53.44 | 62.18 |
| Other comprehensive income/ (loss) attributable to: | ||
| Owner’s of the parent | 0.26 | (0.86) |
| Non-controlling interest | 0.02 | (0.00) |
| Total comprehensive income attributable to: | ||
| Owner’s of the parent | 956.04 | 2,369.99 |
| Non-controlling interest | 53.46 | 62.18 |
| X Paid up equity share capital (face value of share ₹ 1 each) | 488.72 | 488.72 |
| Other equity | – | 18,622.07 |
| XI Earnings per Equity share of ₹ 1/- each | ||
| Basic EPS in ₹ | 1.96 | 5.04 |
| Diluted EPS in ₹ | 1.96 | 5.04 |
Audited Consolidated Balance Sheet as at March 31, 2026 (₹ in Millions)
| Particulars | As at Mar 31, 2026 (Audited) | As at Mar 31, 2025 (Audited) |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| Property, plant and equipment | 19.25 | 33.81 |
| Intangible assets under development | 2.63 | 0.20 |
| Goodwill on consolidation | 17.95 | 17.95 |
| Financial assets | ||
| i. Other financial assets | 191.20 | 105.90 |
| Deferred tax assets (net) | 17.87 | 5.53 |
| Total non-current assets | 248.90 | 163.39 |
| Current assets | ||
| Inventories | 8,239.07 | 5,255.79 |
| Financial assets | ||
| i. Trade receivables | 3,293.46 | 2,047.57 |
| ii. Cash and cash equivalents | 7,488.42 | 3,481.80 |
| iii. Other bank balances | 997.54 | 323.27 |
| iv. Loans | 149.34 | 250.25 |
| v. Other financial assets | 2,734.82 | 349.71 |
| Current tax assets (net) | 13.01 | 20.95 |
| Other current assets | 350.06 | 293.28 |
| Total current assets | 23,265.72 | 12,022.62 |
| Total assets | 23,514.62 | 12,186.01 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| Equity share capital | 488.72 | 435.91 |
| Other equity | 18,622.07 | 8,888.45 |
| Equity attributable to owners of the parent company | 19,110.79 | 9,324.36 |
| Non-controlling interest | 76.08 | 13.89 |
| Total equity | 19,186.87 | 9,338.25 |
| LIABILITIES | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| i. Borrowings | 267.15 | 248.59 |
| ii. Lease liabilities | – | 6.86 |
| iii. Other financial liabilities | 213.50 | 240.31 |
| Provisions | 18.58 | 11.47 |
| Deferred tax liabilities (net) | 2.08 | 0.04 |
| Total non-current liabilities | 501.31 | 507.27 |
| Current liabilities | ||
| Financial liabilities | ||
| i. Borrowings | 1,038.20 | 972.70 |
| ii. Lease liabilities | 6.82 | 9.26 |
| iii. Trade payables | ||
| a. Total outstanding dues of micro and small enterprises | 61.02 | 27.73 |
| b. Total outstanding dues of creditors other than micro and small enterprises | 323.44 | 90.24 |
| iv. Other financial liabilities | 181.00 | 149.69 |
| Other current liabilities | 2,073.74 | 1,033.92 |
| Provisions | 0.92 | 1.31 |
| Current tax liabilities (net) | 141.30 | 55.64 |
| Total current liabilities | 3,826.44 | 2,340.49 |
| Total liabilities | 4,327.75 | 2,847.76 |
| Total Equity and Liabilities | 23,514.62 | 12,186.01 |
Audited Consolidated Cash Flow Statement for the Year Ended March 31, 2026 (₹ in Millions)
| Particulars | For the Year Ended Mar 31, 2026 (Audited) | For the Year Ended Mar 31, 2025 (Audited) |
|---|---|---|
| A. Cash flow from operating activities | ||
| Net Profit/(Loss) before tax | 3,267.46 | 3,068.22 |
| Adjustments for: | ||
| Depreciation and amortisation expense | 16.72 | 15.44 |
| Interest income on income tax refund | (0.15) | (1.40) |
| Interest on financial assets measured at amortised cost | (0.23) | (0.23) |
| Gain on Derecognition of Financial Assets | – | (0.05) |
| Interest on deposits with bank | (414.45) | (155.18) |
| Interest Income on unwinding of deferred income liability | (26.81) | (0.95) |
| Interest on lease liabilities | 0.86 | 0.79 |
| Finance cost | 18.56 | 1.16 |
| Provision for gratuity | 5.57 | 3.87 |
| Operating Profit /(Loss) before working capital changes | 2,867.53 | 2,931.67 |
| Changes in working capital: | ||
| (Increase)/Decrease in trade receivables | (1,245.88) | (1,621.26) |
| (Increase)/Decrease in inventories | (1,972.07) | (252.17) |
| (Increase)/Decrease in non-current financial assets | (82.01) | (13.19) |
| (Increase)/Decrease in current financial assets | (2,349.45) | (272.82) |
| (Increase)/Decrease in other Current Assets | (56.79) | (40.34) |
| Increase/(Decrease) in other financial liabilities (current and non-current) | 31.27 | 0.36 |
| Increase/(Decrease) in trade payables | 266.49 | (27.06) |
| Increase/(Decrease) in other current liabilities | 33.11 | (159.62) |
| Cash generated from operating activities | (2,507.80) | 545.57 |
| Income taxes (paid) (net of refund) | (750.68) | (740.57) |
| Net Cash flows generated from/(used in) operating activities | (3,258.48) | (195.00) |
| B. Cash flow from investing activities | ||
| Purchase of property, plant and equipment | (4.60) | (12.39) |
| Loans granted | – | (102.53) |
| Repayment of loans received | 100.90 | 150.34 |
| Payment for acquisition of subsidiary, net of cash acquired | – | 0.01 |
| (Investment) in Fixed Deposits (Net off maturity during the year) | (677.15) | (13.27) |
| Interest received | 378.61 | 136.47 |
| Net Cash flows generated from/(used in) investing activities | (202.24) | 158.63 |
| C. Cash flow from Financing activities | ||
| Issuance of equity shares (including premium) (net off issue expenses) | 7,416.44 | 5,363.88 |
| Proceeds from unsecured borrowings | 261.50 | 413.90 |
| Proceeds from issue of OCD by Subsidiaries | – | 500.00 |
| Repayment of unsecured borrowings | (196.00) | (3,427.55) |
| Repayment of Debentures by Subsidiaries | – | (280.00) |
| Payment of Lease Liability | (10.15) | (10.04) |
| Interest paid | (4.45) | (60.64) |
| Net Cash flows generated from / (used in) financing activities | 7,467.34 | 2,499.55 |
| Net increase in Cash and Cash equivalents (A) + (B) + (C) | 4,006.62 | 2,463.18 |
| Cash and cash equivalents at the beginning of the period | 3,481.80 | 1,018.62 |
| Cash and cash equivalents at the end of the period | 7,488.42 | 3,481.80 |
Audited Standalone Financial Results For The Quarter and Year Ended March 31, 2026 (₹ in Millions Except EPS)
| Particulars | Quarter Ended | Year Ended |
|---|---|---|
| Mar 31, 2026 (Audited) | Mar 31, 2026 (Audited) | |
| I. INCOME | ||
| Revenue from operations | 375.00 | 1,427.60 |
| II. Other income | 121.37 | 417.86 |
| III. Total income | 496.37 | 1,845.46 |
| IV. EXPENSES | ||
| Cost of construction and development | 349.05 | 1,688.41 |
| Changes in inventories | (314.57) | (1,510.34) |
| Employee benefits expenses | 32.17 | 121.57 |
| Finance costs | 0.14 | 0.79 |
| Depreciation and amortisation expenses | 4.23 | 16.10 |
| Other expenses | 49.33 | 177.71 |
| Total expenses | 120.35 | 494.24 |
| V. Profit before taxes (III-IV) | 376.02 | 1,351.22 |
| VI. Tax expenses: | ||
| Current tax | 95.54 | 346.18 |
| Short / (excess) provision of earlier years | 1.65 | 1.65 |
| Deferred tax | 0.27 | (1.46) |
| Total tax expenses | 97.46 | 346.37 |
| VII. Profit after tax for the period (V-VI) | 278.56 | 1,004.85 |
| VIII. Other comprehensive income | ||
| Items that will not be reclassified to profit or loss: | ||
| Remeasurements of post-employment benefit obligations gain / (loss) | 0.99 | (0.71) |
| Income tax on the above | (0.25) | 0.18 |
| Other Comprehensive Income/(Loss) for the period (net of tax) | 0.74 | (0.53) |
| IX Total Comprehensive Income for the period | 279.30 | 1,004.32 |
| X Paid up equity share capital (face value of share ₹ 1 each) | 488.72 | 488.72 |
| Other equity | 16,778.04 | |
| XI. Earning per share (EPS) of ₹ 1 each | ||
| Basic EPS in ₹ | 0.57 | 2.14 |
| Diluted EPS in ₹ | 0.57 | 2.14 |
Audited Standalone Balance Sheet as at March 31, 2026 (₹ in Millions)
| Particulars | As at Mar 31, 2026 (Audited) | As at Mar 31, 2025 (Audited) |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| Property, plant and equipment | 18.62 | 32.55 |
| Intangible assets under development | 2.63 | 0.20 |
| Financial assets | ||
| i. Investments | 102.04 | 92.61 |
| ii. Other financial assets | 112.29 | 18.28 |
| Deferred tax assets (net) | 5.56 | 3.91 |
| Total non-current assets | 241.14 | 147.55 |
| Current assets | ||
| Inventories | 2,109.12 | 598.78 |
| Financial assets | ||
| i. Trade receivables | 2,333.81 | 1,775.22 |
| ii. Cash and cash equivalents | 5,183.45 | 2,970.73 |
| iii. Other bank balances | 603.66 | 2.50 |
| iv. Loans | 8,263.00 | 4,062.96 |
| v. Other financial assets | 88.49 | 8.95 |
| Current tax assets (net) | 0.24 | 10.68 |
| Other current assets | 124.69 | 202.62 |
| Total current assets | 18,706.46 | 9,632.44 |
| Total assets | 18,947.60 | 9,779.99 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| Equity share capital | 488.72 | 435.91 |
| Other equity | 16,778.04 | 8,410.09 |
| Total equity | 17,266.76 | 8,846.00 |
| LIABILITIES | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| i. Borrowings | 10.00 | 10.00 |
| ii. Lease liabilities | – | 6.50 |
| Provisions | 13.99 | 9.16 |
| Total non-current liabilities | 23.99 | 25.66 |
| Current liabilities | ||
| Financial liabilities | ||
| i. Borrowings | 750.00 | 780.00 |
| ii. Lease liabilities | 6.50 | 8.81 |
| iii. Trade payables | ||
| a. Total outstanding dues of micro and small enterprises | 27.75 | 17.14 |
| b. Total outstanding dues of creditors other than micro and small enterprises | 16.46 | 15.41 |
| iv. Other financial liabilities | 16.70 | 20.33 |
| Provisions | 0.91 | 1.30 |
| Other current liabilities | 790.38 | 28.58 |
| Current tax liabilities (net) | 48.15 | 36.76 |
| Total current liabilities | 1,656.85 | 908.33 |
| Total liabilities | 1,680.84 | 933.99 |
| Total Equity and Liabilities | 18,947.60 | 9,779. |