Mumbai: Top brokerages including Deven Choksey Research, Motilal Oswal Financial Services, and Monarch Networth Capital remain bullish on Sri Lotus Developers & Realty, citing strong growth visibility, luxury housing demand, and an expanding project pipeline.

Deven Choksey Research | Maintains Buy | TP: Rs 270

Deven Choksey Research remains bullish on Sri Lotus Developers & Realty after Q4FY26 numbers. The brokerage firm expects revenue and Profit After Tax (PAT) to grow at a 60% to 62% CAGR over FY26 to FY28, driven by its upcoming project pipeline.

The brokerage values the stock at 21x FY28E earnings, assigning a target price of Rs 270 per share, implying an 86% upside. It highlighted the company’s redevelopment-led model, low capital deployment, zero marketing costs, and premium pricing as key drivers of sustained profitability and superior ROE.

Motilal Oswal Financial Services | Reiterate Buy | TP: Rs 215

Brokerage firm Motilal Oswal Financial Services has reiterated its ‘Buy’ rating on Sri Lotus Developers & Realty with a target price of Rs 215 per share, implying a potential upside of 52% from current levels.

The brokerage highlighted that the company delivered a 59% pre-sales CAGR during FY22-FY26 and expects growth momentum to remain strong, supported by an expanding project pipeline.

It also expects collections to improve steadily as monetisation of projects progresses, while healthy operating and net profit margins are likely to sustain over the forecast period despite moderating from earlier elevated levels.

Monarch Networth Capital | Retain Buy | TP: Rs 220

Brokerage firm Monarch Networth Capital has retained its ‘Buy’ rating on Sri Lotus Developers & Realty with a target price of Rs 270 per share. 

The brokerage said the company’s FY26 presales were in line with estimates, while Q4FY26 highlighted strong growth momentum despite moderation across the broader real estate sector, supported by healthy demand in newly launched luxury projects. Monarch expects robust earnings growth over the medium term, driven by an expanding launch pipeline, strong demand from HNIs and NRIs, improving collections, and rising brand visibility through its “Luxury Coastline Collection” campaign. It estimates presales, revenue, and PAT CAGR of 63%, 82%, and 73%, respectively, over FY25-FY28E.