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Shriram Properties Q1 FY27 Share Price & Earnings Call Analysis

₹66.38+3.54% today
Market cap
₹1,134 Cr
P/E
12.44
ROE
6.78%
PEG
0.91
Price to sales
0.90
Debt to equity
0.42
52W high / low
₹96.9 / ₹61.1
Sales growth (5Y)
24.05%
EBITDA margin
3.10%
Net profit margin
7.53%
Promoter holding
27.89%
Sales (last year)
₹1,249 Cr

Guidance scorecard · Q1 FY27 call

What Shriram Properties Ltd's management guided

Revenue20–40%MarginsUp 2%+CapexPlannedFundraisingPlannedOrder bookRising

RevenueQ1 FY27 call

20–40%
  • 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.

2 more points from Shriram Properties Ltd's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Up 2%+

See what Shriram Properties Ltd said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • 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.

2 more points from Shriram Properties Ltd's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

Planned

See what Shriram Properties Ltd said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Rising
  • 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.

2 more points from Shriram Properties Ltd's call on the order book

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Full Q1 FY27 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

This quarter's potential multibaggers
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Shriram Properties Ltd rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Financials of Shriram Properties Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Shriram Properties Ltd

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +27.99%27.94%27.94%27.94%27.94%27.94%27.94%27.89%27.89%27.89%27.89%27.89%
FIIs +6.67%1.62%1.07%0.97%1.41%2.48%2.10%2.90%3.56%6.05%6.85%6.31%
DIIs +3.60%2.38%3.23%3.30%1.60%1.81%1.95%1.93%2.53%2.49%1.43%1.36%
Government +0.00%0.00%0.00%0.00%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public +61.72%68.07%67.77%67.79%69.04%67.77%68.01%67.27%66.01%63.53%63.81%64.41%
No. of Shareholders75,39579,44782,67884,84086,62587,14990,74787,97184,39181,07984,66584,662

Financials of Shriram Properties Ltd

Quarterly Results

Quarter-by-quarter operating performance

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +135206221302154141121408242205179641224
Expenses +104177202312157142136359220210196571233
Operating Profit312919-10-3-1-154922-5-1770-9
OPM %23%14%9%-3.4%-2.2%-0.9%-13%12%9%-2.5%-10%11%-3.9%
Other Income +28252456601559402428302247
Interest33262831272727242222231921
Depreciation2223333222333
Profit before tax2426141227-16146322-1-137014
Tax %32%22%-34%-63%36%-95%8%24%6%-872%-45%-12%22%
Net Profit +1720182017-11348219-77911
EPS in Rs0.981.191.091.191.02-0.060.762.801.210.50-0.404.600.65

Financials of Shriram Properties Ltd

Profit & Loss

Annual income statement trend

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +3686505724324336748658231,2671,249
Expenses +3676525824153586317847941,1821,211
Operating Profit1-2-1017744381308539
OPM %0.3%-0.3%-1.8%3.9%17%6%9%3.6%7%3.1%
Other Income +40820363738714212317390127
Interest941131281291221061181058685
Depreciation2567789101010
Profit before tax31283-82-45337276887870
Tax %-10%41%6%51%45%5%1%12%-29%
Net Profit +34349-86-681868757710191
EPS in Rs23.153.39-5.80-4.600.583.884.434.535.915.35
Dividend Payout %0%0%0%0%0%0%0%0%0%

Financials of Shriram Properties Ltd

Balance Sheet

Capital structure and asset base

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital148148148148170170170170171
Reserves7908327566909631,0301,1071,1851,289
Borrowings +807846739727545644656655616
Other Liabilities +1,5401,5281,7591,7191,9501,7911,8421,9281,639
Total Liabilities3,2853,3533,4033,2843,6283,6343,7753,9393,714
Fixed Assets +3060817682818681128
CWIP080000010
Investments34629699363912112118763
Other Assets +2,9092,9893,2233,1723,5073,4323,5683,6703,524
Total Assets3,2853,3533,4033,2843,6283,6343,7753,9393,714

Financials of Shriram Properties Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-297-1791291481245221154-16
Cash from Investing Activity +203172100730-30-34-44124
Cash from Financing Activity +122-7-227-119-100-9-108-128-123
Net Cash Flow28-1423654-3379-18-14
Free Cash Flow-310-2191131471250212148-17
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit-25,679%8,507%-1,358%878%171%11%292%523%-19%

Financials of Shriram Properties Ltd

Ratios

Working capital efficiency and return ratios

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1561211051129143324220
Inventory Days7,2727,58410,0124,8394,0527,03212,843
Days Payable5205117163032545061,131
Cash Conversion Cycle1566,8737,1789,409914,5793,8306,56711,732
Working Capital Days425347278326583411388376332
ROCE %4%2%5%10%10%10%10%8%

Guidance history

How Shriram Properties Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →20–40%Up 2%+PlannedPlannedRising
Q4 FY26 call →20–40%FlatPlannedPlannedRising
Q3 FY26 call →20–40%Up 0–2%PlannedPlannedFlat
Q2 FY26 call →20–40%FlatPlannedPlannedRising

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

10out of 100

Momentum score · price trend

10 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−28.9%24%
Last 6 months−21.4%16%
Last 3 months−20.9%14%

The price is 51.6% below its all-time high of ₹137.08 (6 Sept 2024). Stocks more than 20% below their peak have their score halved, so 19 became 10.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Shriram Properties Ltd: 0.4 × 24 + 0.4 × 16 + 0.2 × 14 = 19, halved to 10 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Shriram Properties Ltd's management said in earlier quarters