Shriram Properties Ltd
Shriram Properties Ltd Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Q1 FY27 earnings call: what management guided on revenue, margins and order book.
What the Q1 FY27 call signalled
5 of 5 strong
The short version
FY27 outlook: Management is confident of delivering a back-ended growth in sales and revenue recognition with stronger quarters expected later in the year. FY27 Outlook: Confident of delivering strong growth with a back-ended increase in sales and revenue recognition; expecting about 20% growth in both revenue and PAT.
From Shriram Properties Ltd's Q1 FY27 earnings-call transcript · updated 26 Aug 2026.
Revenue & Sales Performance
- FY27 outlook: Management is confident of delivering a back-ended growth in sales and revenue recognition with stronger quarters expected later in the year.
- Sales value growth for FY27 is guided at around INR3,300-3,500 crores, representing a 40-50% increase.
- Revenue recognition expected to reach approximately INR2,500 crores in FY27.
- PAT growth in FY27 is expected between 20%-25%.
- For FY28, sales value is targeted around INR5,000 crores with revenue recognition around INR2,500 crores, and PBT expected to stabilize around 10% margins.
- The company is targeting significant growth from ongoing projects plus new launches.
- There is potential for acceleration in sales via faster-selling products and project launches, but no material surprises are currently factored in.
- Management plans more launches and completions in H2 FY27, offering strong visibility of growth.
Profitability & Margins
See what Shriram Properties Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- The company invested INR88 crores in new projects during the period, supporting ongoing executions and planning investments.
- With a strong equity base, healthy liquidity, and low gearing (net debt to equity of 0.29x), Shriram Properties has ample balance sheet capacity to support future growth without taking uncomfortable leverage.
- The management is focused on accelerating product launches and expanding the project pipeline, targeting 7 million square feet of potential launches in FY27 across key markets (Bengaluru, Chennai, Pune, Kolkata).
- Over 7.3 million square feet of projects with GDV potential of over INR6,000 crores are at an advanced stage and likely to be added to the pipeline within 3-6 months.
- The company continues to evaluate over 20 million square feet of opportunities to accelerate pipeline addition over the next 18-24 months.
- Focus on premiumization, product diversification, and faster value realization (e.g., branded land concept in Kolkata) support strategic capital deployment.
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Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Shriram Properties Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Shriram Properties has a current project pipeline of approximately 33.7 million square feet (ongoing and upcoming projects combined) with a revenue potential of around INR 13,530 crores.
- Ongoing projects include 16 million square feet with 2.9 million square feet unsold (unsold GDV of ~INR 1,970 crores).
- Upcoming projects constitute 17.7 million square feet with a GDV potential of approximately INR 11,560 crores.
- An additional 7.3 million square feet of projects with GDV potential over INR 6,000 crores are at an advanced stage and likely to be added within 3 to 6 months.
- The company is evaluating more than 20 million square feet of opportunities to accelerate pipeline additions.
- Management aims to nearly double the upcoming project pipeline over the next 18 to 24 months.
Shriram Properties Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹641 Cr, net profit ₹79 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Shriram Properties Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Shriram Properties Ltd Q1 FY27 results?
FY27 outlook: Management is confident of delivering a back-ended growth in sales and revenue recognition with stronger quarters expected later in the year. FY27 Outlook: Confident of delivering strong growth with a back-ended increase in sales and revenue recognition; expecting about 20% growth in both revenue and PAT.
What is Shriram Properties Ltd share price analysis?
Shriram Properties Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 14.6 with a market cap of ₹1,330 Cr. Investors should review the full earnings analysis for detailed insights.
Is Shriram Properties Ltd planning capital expenditure?
The company invested INR88 crores in new projects during the period, supporting ongoing executions and planning investments.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.