ALFA Finder| Management target | Revenue 20.0% FY27 |
|---|
| Revenue growth | Revenue up 4% YoY; sales value up 10% YoY to ₹484 Cr. |
|---|---|
| Margins | Muted Q1 margins due to legacy Kolkata projects; expected to improve. |
| Order book | Pipeline of 33.7M sq. ft. with ₹14,000 Cr GDV potential. |
| Demand visibility | Strong underlying demand in Chennai, Bengaluru, and Kolkata markets. |
| Management confidence | Confident but cautious; reiterating aggressive multi-year FY28 mission targets. |
Growth
Revenue grew 4% YoY; record Q1 sales value of ₹484 Cr, up 10% YoY, driven by new launches.
Outlook
Targeting ₹5,000 Cr sales and ₹250 Cr PBT by FY28; FY27 PBT margin guided at 8-9%.
Risks
Low-margin legacy projects in Kolkata (40% of Q1 units) drag down current profitability; execution is heavily back-ended.
Last quarter's promises, checked
Delivered
- Targeted FY26 Sales Value marginal increase → delivered ₹2,354 Cr (= BEAT)
- Targeted FY26 Collection growth → delivered ₹1,661 Cr (12% YoY) (= BEAT)
- Targeted FY26 Net Profit >₹100 Cr → delivered ₹101 Cr (= BEAT)
Partly delivered
- Guided FY27 Sales Volume 5-5.5M sq. ft. → Q1 at 0.9M sq. ft. (= PARTIAL)
- Guided FY27 PBT Margin 10-11% → Q1 currently suppressed by legacy mix (= PARTIAL)
Missed
- Guided FY26 Presales ₹2,600 Cr → delivered ₹2,354 Cr (= MISS)
Earnings Call Transcript filed with BSE, NSE: SHRIRAMPPS. Summary written with AI assistance from the document.
Shriram Properties Ltd: key numbers
- Share price
- ₹70.64
- Market cap
- ₹1,206 Cr
- Revenue (annual)
- ₹1,267 Cr
- Net profit (annual)
- ₹100.8 Cr
- P/E (TTM)
- 11.6×Sector 38.9×
- Promoter holding
- 27.89%+0.00% QoQ
- FII holding
- 6.31%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Shriram Properties Ltd
All →Shriram Properties Earnings Call Transcript: Key Takeaways
Q2 profit rebound is largely handover-driven, but net debt rose to ₹761 Cr and FY27 needs a steep H2 ramp. The FY28 target slide was dropped, then reaffirmed without a fresh number.
Shriram Properties Management Change
Three Independent Directors of Shriram Properties completed their tenure and ceased to hold office effective end of day 13 November 2026. The filing is a Reg 30 directorship change intimation with no monetary value.
Shriram Properties Investor Presentation: Key Takeaways
Q2 FY27 total revenue ₹272 Cr (+19% YoY), PAT ₹21.6 Cr (2.5x YoY), EBITDA margin 23%. H1 revenue ₹543 Cr (+11%). FY27 guidance reaffirmed, with H2 handover-led ramp.
Shriram Properties Employee Stock Options
Shriram Properties allotted 3,452,971 equity shares under ESOP/ESPS, lifting paid-up capital from Rs.170.65 Crore to Rs.171.11 Crore. No issue price or cash proceeds are stated for this allotment.
Shriram Properties Results Update
Shriram Properties reported Q2 FY27 PAT of ₹21.6 Cr, up 151% YoY, on revenue of ₹272.3 Cr. H1 sales crossed ₹1,067 Cr with record collections of ₹795 Cr.
Shriram Properties Q2 FY27 Results: Net Profit ₹21.6 Cr, Up 151.2% YoY
Shriram Properties Ltd reported revenue from operations of ₹183.6 Cr (-10.6% YoY) and net profit of ₹21.6 Cr (+151.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹21.6 Cr · +151.2% YoY