Shraddha Prime Projects Ltd
Incorporated in 2007, Shraddha Prime Projects Ltd is in the business of Real Estate Development[1]
- Market Cap ₹ 657 Cr.
- Current Price ₹ 162
- High / Low ₹ 259 / 129
- Stock P/E 17.5
- Book Value ₹ 23.7
- Dividend Yield 0.18 %
- ROCE 21.2 %
- ROE 36.9 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 171% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.0%
Cons
- Stock is trading at 6.86 times its book value
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43 | 103 | 256 | |
| 0 | 0 | 0 | 0 | 4 | 0 | 0 | 0 | 0 | 1 | 40 | 83 | 203 | |
| Operating Profit | -0 | -0 | -0 | -0 | -4 | -0 | -0 | -0 | -0 | -1 | 3 | 20 | 53 |
| OPM % | -10% | -31% | -45% | -223% | -4,289% | -429% | -625% | -675% | -529% | 7% | 19% | 21% | |
| 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 5 | 10 | 1 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0 | -0 | -0 | -0 | -3 | -0 | -0 | -0 | -0 | -1 | 8 | 30 | 53 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -26% | 15% | 18% | |
| -0 | -0 | -0 | -0 | -3 | -0 | -0 | -0 | -0 | -1 | 7 | 25 | 37 | |
| EPS in Rs | -0.01 | -0.01 | -0.02 | -0.07 | -0.60 | -0.05 | -0.04 | -0.06 | -0.07 | -0.15 | 1.62 | 6.10 | 9.26 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 91% |
| 5 Years: | 381% |
| 3 Years: | 1038% |
| TTM: | 189% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 77% |
| 5 Years: | 171% |
| 3 Years: | 334% |
| TTM: | 122% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 56% |
| 5 Years: | 146% |
| 3 Years: | 176% |
| 1 Year: | 23% |
| Return on Equity | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 31% |
| 3 Years: | 32% |
| Last Year: | 37% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 22 | 42 | 42 |
| Reserves | -1 | -1 | -1 | -2 | -5 | -5 | -5 | -5 | -6 | -5 | 33 | 37 | 53 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 | 75 | 61 | 92 | 135 | |
| 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 22 | 30 | 100 | 162 | |
| Total Liabilities | 6 | 6 | 6 | 6 | 2 | 2 | 1 | 1 | 21 | 98 | 146 | 271 | 392 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 18 | 15 | 48 |
| 5 | 5 | 5 | 6 | 2 | 2 | 1 | 1 | 21 | 78 | 129 | 256 | 344 | |
| Total Assets | 6 | 6 | 6 | 6 | 2 | 2 | 1 | 1 | 21 | 98 | 146 | 271 | 392 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1 | -0 | -0 | 1 | -2 | -0 | -0 | -0 | -20 | -35 | -36 | -30 | |
| -0 | 0 | 0 | -1 | 2 | 0 | 0 | 0 | 0 | -19 | 2 | 5 | |
| 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 | 54 | 34 | 30 | |
| Net Cash Flow | 0 | -0 | -0 | 0 | -0 | -0 | 0 | -0 | -0 | 1 | -0 | 5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1,114 | 2,988 | 4,480 | 870 | 1,054 | 313 | 274 | 91 | 0 | 0 | 0 | |
| Inventory Days | 433 | 1,408 | 2,798 | 511 | 332 | 852 | 2,190 | 2,190 | ||||
| Days Payable | 14 | 52 | 122 | 0 | 33 | 122 | 730 | 365 | ||||
| Cash Conversion Cycle | 1,533 | 4,344 | 7,156 | 1,381 | 1,353 | 1,043 | 1,734 | 1,916 | 0 | 0 | 0 | |
| Working Capital Days | 1,404 | 3,559 | 5,210 | -3,145 | 1,460 | 678 | 730 | 639 | 109,865 | 425 | 523 | |
| ROCE % | -1% | -1% | -1% | -6% | -123% | -13% | -11% | -16% | -3% | -2% | 8% | 21% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Dec 2023 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Work-in-Progress (Inventory Value) INR Lakhs |
|
||||||||||
| Manufacturing Sales (Prior Business) INR |
|||||||||||
| Total Gross Development Value (GDV) INR Crores |
|||||||||||
| Total Saleable Area (Ongoing Projects) Sq. ft. |
|||||||||||
| Area Sold Sq. ft. |
|||||||||||
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Raising of Funds
21h - Board approved rights issue to raise up to ₹9,700 lakhs; committee formed; subject to exchange approval (March 20, 2026)
-
Board Meeting Outcome for Outcome Of The Board Meeting Of Shraddha Prime Projects Limited ('Company') Held Today I.E. March 20, 2026
21h - Rights issue up to ₹9,700 lakhs approved; committee formed; subject to exchange approval (20 Mar 2026)
-
Board Meeting Intimation for Considering And Evaluating A Proposal For Raising Funds
16 Mar - Board meeting March 20, 2026 to consider equity fundraising via rights, preferential allotment, QIP, warrants.
-
Revised Disclosures Under Reg. 31(1) And 31(2) Of SEBI (SAST) Regulations, 2011
12 Mar - Promoter Sudhir Mehta pledged 7,000,000 shares (17.33%) to HDFC Bank, disclosure dated Feb 28, 2026.
-
Disclosures Under Reg. 31(1) And 31(2) Of SEBI (SAST) Regulations, 2011
28 Feb - Sudhir Balu Mehta pledged 7,000,000 shares (17.33%) to HDFC Bank on 28-Feb-2026.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Business Overview:[1]
SPPL is in the business of real estate activities which involves developing, leasing, constructing, reconstructing, etc. of residential projects in India.