Shriram Properties Limited (SHRIRAMPPS)

Loading page…

Shriram Properties Limited (SHRIRAMPPS) · mywealthgrid

About

Shriram Properties develops residential and commercial real estate projects in India, with a market cap of ₹1,333.34 Cr. The company operates in the mid-market realty segment with a footprint across multiple project types. Earnings are highly project-dependent, swinging from ₹78.53 Cr net profit in FY2026 (13.58% OPM) to losses in recent quarters, indicating execution variability.

Founded: 1995
Face value: ₹10

Market cap

₹1,150 Cr

P/E

12.6×

P/B

0.8×

Dividend yield

ROE

7.2%

ROCE

10.9%

Debt / equity

0.42

OPM

6.9%

EPS (TTM)

₹5.3

Book value

₹85.6

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating margins have swung from -84.6% (Dec 2025) to +13.58% (FY2026), suggesting project-completion timing or stage dependency; verify which projects drove FY26 profitability and when next large deliveries occur
ROE of 7.16% is weak and suggests capital is not generating competitive returns; verify whether recent quarters represent a trough or structural underperformance
Net losses in Dec 2025 and Sep 2025 quarters (₹-6.88 Cr, ₹-12.84 Cr, ₹-9.26 Cr) despite modest leverage (D/E 0.42); clarify what triggered the swings and project recovery timeline
Operating margins average just 6.89%, leaving limited buffer for cost overruns in a sector where construction inflation is common; verify interest-coverage ratio and borrowing covenants

Generated analysis · source review pending

Growth drivers

FY2026 delivered 13.58% OPM and ₹78.53 Cr net profit; repeating this would require project execution to stabilize—verify project completion schedule and whether FY26 was driven by one-off or recurring projects
Quarterly revenue cycled from ₹37.41 Cr (Dec 2025) to ₹640.88 Cr (FY2026), showing project delivery timing drives earnings swings; verify pipeline visibility and next major milestone dates
Recent quarterly OPM ranged from -84.6% to 13.58%; if project margins normalize toward FY26 levels, EPS could recover from recent lows—verify project stage and contribution margins
Residential and commercial projects are cited as separate focus areas; verify whether either segment offers better margins, selling velocity, or growth profile to guide capital allocation

Generated analysis · source review pending

1,179 historical price candles were omitted because the exchange source has not been verified.

₹67.4-3.6%1Y

Quick read

rule-based

Pros

+Profit CAGR of 15.2% over the last 3 years
+Revenue CAGR of 24% over the last 5 years

Cons

−Low return on equity of 6.4% (3-yr avg)
−Thin operating margin of 6.9%
−Weak interest coverage of 1.9×

Research score

Structured signal from quality, growth, valuation and momentum.

44/100

Business quality: 24
Growth: 36
Valuation: 72

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Lodha Developers LimitedLODHALODHA	₹1,10,460 Cr	₹1,20,344 Cr	₹18,181 Cr	₹5,859 Cr	29.5%	₹4,126 Cr	20.6%	20.1%	15.8%	1,405
The Phoenix Mills LimitedPHOENIXLTDPHOENIXLTD	₹69,017 Cr	₹74,313 Cr	₹4,545 Cr	₹2,714 Cr	59.6%	₹1,280 Cr	35.2%	12.4%	11.4%	734
Prestige Estates Projects LimitedPRESTIGEPRESTIGE	₹64,006 Cr	₹78,992 Cr	₹13,053 Cr	₹3,675 Cr	29.2%	₹1,139 Cr	10.3%	13.6%	7.5%	2,755
Oberoi Realty LimitedOBEROIRLTYOBEROIRLTY	₹63,797 Cr	₹66,613 Cr	₹6,322 Cr	₹3,572 Cr	55.9%	₹2,630 Cr	41.7%	17.5%	14.9%	1,581
Godrej Properties LimitedGODREJPROPGODREJPROP	₹48,065 Cr	₹63,680 Cr	₹5,203 Cr	₹-458 Cr	-8.1%	₹1,600 Cr	35.9%	12.5%	10.1%	6,464
Anant Raj LimitedANANTRAJANANTRAJ	₹20,797 Cr	₹21,403 Cr	₹2,551 Cr	₹688 Cr	26.1%	₹579 Cr	22.2%	12%	11.2%	236
Brigade Enterprises LimitedBRIGADEBRIGADE	₹18,579 Cr	₹24,688 Cr	₹5,532 Cr	₹1,465 Cr	25.1%	₹695 Cr	12.7%	11.1%	10.3%	938
Horizon Industrial Parks LimitedHORIZONINDHORIZONIND	₹14,025 Cr	₹20,910 Cr	₹691 Cr	₹531 Cr	76.9%	₹-198 Cr	-29.5%	3.3%	-5.9%	-46
Sobha LimitedSOBHASOBHA	₹12,968 Cr	₹13,970 Cr	₹5,617 Cr	₹364 Cr	6%	₹231 Cr	3.7%	7.4%	4.2%	17,827
Aditya Birla Real Estate LimitedABRELABREL	₹12,293 Cr	₹17,929 Cr	₹450 Cr	₹-375 Cr	-88.2%	₹-116 Cr	-83%	-4.4%	-2.7%	22,467
Sri Lotus Developers And Realty LimitedLOTUSDEVLOTUSDEV	₹11,244 Cr	₹11,374 Cr	₹840 Cr	₹299 Cr	36.5%	₹257 Cr	31.6%	22.3%	16.7%	840
Signatureglobal (India) LimitedSIGNATURESIGNATURE	₹10,376 Cr	₹13,317 Cr	₹2,282 Cr	₹-126 Cr	-1.9%	₹1,044 Cr	42.2%	3.4%	85%	1,407

Loading peers…

Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	432	433	674	865	823	1,267
COGS	239	182	453	574	575	902
Gross profit	193	251	221	291	249	365
	143	177	175	211	196	280
	50	74	46	80	53	85
OPM %	11.6%	17.1%	6.9%	9.3%	6.4%	6.7%
Depreciation	7	7	8	9	10	10
Interest	125	120	106	118	105	86
	70	85	140	123	150	90
Profit before tax	-45	32	72	76	88	78
Tax	23	15	3	1	11	-23
Tax %	50.8%	45.3%	4.6%	1.3%	12.1%	-29.2%
	-68	18	68	75	77	101
PAT margin %	-15.8%	4.1%	10.1%	8.7%	9.4%	8%
EPS (₹)	-4.6	0.6	3.9	4.4	4.5	5.9
EPS adjusted (₹)	-4.6	0.6	3.9	4.4	4.5	5.9
Annual report	—	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	148	148	170	170	170	170	171
Reserves	—	690	963	1,030	1,107	1,185	1,289
Minority interest	—	—	—	0	0	0	0
	—	727	543	642	645	651	610
	—	1,722	2,065	1,802	1,849	1,932	1,645
Total equity & liabilities	—	3,287	3,741	3,643	3,771	3,939	3,714
	71	76	82	81	86	81	79
CWIP	—	—	—	—	—	0	0
Investments	—	36	39	121	117	187	112
	—	3,175	3,620	3,441	3,568	3,670	3,524
Total assets	—	3,287	3,741	3,643	3,771	3,939	3,714

Loading financials…

Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	44.7%	57.9%	32.8%	33.7%	30.2%	28.8%
EBITDA margin %	11.6%	22.3%	6.4%	11.6%	3.6%	6.9%
EBIT margin %	10.1%	20.8%	5.3%	10.5%	2.3%	6.1%
PAT margin %	-15.8%	4.1%	10.1%	8.7%	9.4%	8%
Working capital
Receivable days	112	91	43	32	42	20
Inventory days	3,098	4,532	1,789	1,604	1,608	990
Payable days	222	293	112	100	116	87
NWC days	2,989	4,330	1,719	1,535	1,534	923
Leverage
Current ratio	1.2	1.32	1.37	1.47	1.46	1.63
Debt to EBITDA	14.52	5.62	14.81	6.45	22.14	6.98
Debt to equity	0.87	0.48	0.53	0.5	0.48	0.42
Interest coverage	0.9	1.5	1.6	1.8	1.6	1.9
Asset turnover	0.13	0.12	0.19	0.23	0.21	0.34
Return ratios
Return on assets %	-2.1%	0.5%	1.9%	2%	2%	2.7%
Return on capital employed %	12.4%	16.5%	14.1%	15.7%	11.8%	10.9%
Return on equity %	-8.1%	1.6%	5.7%	5.9%	5.7%	6.9%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

Loading ratios…

Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	28%	27.99%	27.94%	27.94%	27.94%	27.94%	27.94%	27.94%	27.89%	27.89%	27.89%	27.89%
	5.44%	6.68%	1.62%	1.06%	0.98%	1.4%	2.47%	2.1%	2.89%	3.55%	6.06%	6.85%
	4.05%	3.6%	2.38%	3.23%	3.31%	1.6%	1.81%	1.94%	1.93%	2.54%	2.5%	1.43%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0.01%	0.01%	0.01%	0.01%
	62.51%	61.73%	68.06%	67.77%	67.77%	69.06%	67.78%	68.02%	67.28%	66.01%	63.54%	63.82%
No. of shareholders	—	—	—	—	—	—	—	—	87,971	84,391	81,079	84,665

Promoter holding down 0.11 percentage points since Sep 2023.

100 deals · 20 Dec 2021 – 3 Sept 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
3 Sept 2026	OMEGA FINHOLD PRIVATE LIMITED	Bulk	NSE	Buy	9,99,999	₹75.67	₹7.57 Cr
3 Sept 2026	CONSORTIUM ENTERPRISES	Bulk	NSE	Sell	9,99,999	₹75.67	₹7.57 Cr
27 May 2025	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	13,49,350	₹96.79	₹13.06 Cr
27 May 2025	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	13,49,350	₹96.73	₹13.05 Cr
28 Mar 2025	SAMMYS DREAMLAND CO PRIVATE LIMITED	Bulk	NSE	Buy	11,00,000	₹73.00	₹8.03 Cr
28 Mar 2025	PLEASURE WORK HOMES PRIVATE LIMITED	Bulk	NSE	Sell	8,60,000	₹72.87	₹6.27 Cr
27 Mar 2025	SAMMYS DREAMLAND CO PRIVATE LIMITED	Bulk	NSE	Sell	11,66,450	₹72.69	₹8.48 Cr
27 Mar 2025	PLEASURE WORK HOMES PRIVATE LIMITED	Bulk	NSE	Buy	8,60,000	₹72.55	₹6.24 Cr
11 Dec 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	9,24,438	₹116.18	₹10.74 Cr
11 Dec 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	9,24,438	₹116.30	₹10.75 Cr

1–10 of 100

1 / 10

Mr. MURALI MALAYAPPANExecutive Director-Chairperson related to Promoter-MD
Mr. ASHISH PRADEEP DEORANon-Executive - Non Independent Director
Mr. THAI SALAS VIJAYANNon-Executive - Independent Director
Mr. KULUMANI GOPALRATNAM KRISHNAMURTHYNon-Executive - Independent Director
Mr. VAIDYANATHAN RAMAMURTHYNon-Executive - Independent Director
Mrs. ANITA KAPURNon-Executive - Independent Director
Mr. Ravindra Kumar PandeyChief Financial Officer
Mr. K RamaswamyCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

Loading shareholding…

F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

Loading f&o…

Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Shriram Properties Limited. Portfolios are published monthly by each AMC; coverage is still partial.

Loading fund holders…

Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results12 Aug 2026

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

24 announcementsExport CSV

30 Sept 2026, 7:40 pmCompany Update

Announcement under Regulation 30 (LODR)-Updates on Acquisition

Acquisition PDF

30 Sept 2026, 4:32 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

29 Sept 2026, 3:26 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

5 Sept 2026, 3:03 pmCompany Update

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Analyst / Investor Meet PDF

4 Sept 2026, 4:46 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

3 Sept 2026, 12:26 pmCompany Update

Intimation Of Communication To Shareholders

General PDF

3 Sept 2026, 12:23 pmOthers

Business Responsibility and Sustainability Reporting (BRSR)

Business Responsibility and Sustainability Reporting (BRSR) PDF

3 Sept 2026, 12:21 pmAGM/EGM

Annual General Meeting Scheduled To Be Held On September 26, 2026 At 12:00 Noon (IST)

AGM PDF

Date	Category	Subject	Filing
30 Sept 2026, 7:40 pm	Company Update Acquisition	Announcement under Regulation 30 (LODR)-Updates on Acquisition	PDF
30 Sept 2026, 4:32 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window

Loading announcements…

Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	44.7%	57.9%	32.8%	33.7%	30.2%	28.8%
EBITDA margin %	11.6%	22.3%	6.4%	11.6%	3.6%	6.9%
EBIT margin %	10.1%	20.8%	5.3%	10.5%	2.3%	6.1%
PAT margin %	-15.8%	4.1%	10.1%	8.7%	9.4%	8%
Working capital
Receivable days	112	91	43	32	42	20
Inventory days	3,098	4,532	1,789	1,604	1,608	990
Payable days	222	293	112	100	116	87
NWC days	2,989	4,330	1,719	1,535	1,534	923
Leverage
Current ratio	1.2	1.32	1.37	1.47	1.46	1.63
Debt to EBITDA	14.52	5.62	14.81	6.45	22.14	6.98
Debt to equity	0.87	0.48	0.53	0.5	0.48	0.42
Interest coverage	0.9	1.5	1.6	1.8	1.6	1.9
Asset turnover	0.13	0.12	0.19	0.23	0.21	0.34
Return ratios
Return on assets %	-2.1%	0.5%	1.9%	2%	2%	2.7%
Return on capital employed %	12.4%	16.5%	14.1%	15.7%	11.8%	10.9%
Return on equity %	-8.1%	1.6%	5.7%	5.9%	5.7%	6.9%

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	146	137	-13	223	154	-16
	9	17	-30	-28	-44	124
	-119	-100	10	-115	-128	-123
Net cash flow	36	54	-33	79	-18	-14
Free cash flow	145	136	-19	214	148	-20
CFO / Operating profit %	291.4%	141.8%	-31.2%	222.8%	522.8%	-17.7%

Shriram Properties Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

1

Announcements

Not in the F&O segment

No fund holdings on record

1

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Compounded sales growth

Compounded profit growth

Return on equity

Shriram Properties Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Board meetings1

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

1

1