Motilal Oswal's research report on Sri Lotus Developers and Realty
Sri Lotus Developers & Realty (LOTUSDEV) recorded presales of INR2.6b, up 126%/4x YoY/QoQ in 2QFY26 (7% above our estimate). In 1HFY26, its presales jumped 50% YoY to INR3.2b. The company launched two projects during the quarter: The Arcadian (Juhu) and Amalfi (Versova), with a total GDV of INR10b and 0.2msf area. These new launches contributed to ~51% of total presales (INR920m from Arcadian and INR380m from Amalfi).
Outlook
We reiterate our BUY rating on the stock with a TP of INR250, indicating a 45% potential upside.
For all recommendations report, click here
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