Shraddha Prime Projects Ltd
Incorporated in 2007, Shraddha Prime Projects Ltd is in the business of Real Estate Development[1]
- Market Cap ₹ 892 Cr.
- Current Price ₹ 221
- High / Low ₹ 236 / 73.0
- Stock P/E 27.8
- Book Value ₹ 19.5
- Dividend Yield 0.14 %
- ROCE 21.2 %
- ROE 36.9 %
- Face Value ₹ 10.0
Pros
- 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 11.3 times its book value
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.17.3 Cr.
* 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 | 115 | |
| 0 | 0 | 0 | 0 | 4 | 0 | 0 | 0 | 0 | 1 | 40 | 83 | 94 | |
| Operating Profit | -0 | -0 | -0 | -0 | -4 | -0 | -0 | -0 | -0 | -1 | 3 | 20 | 21 |
| OPM % | -10% | -31% | -45% | -223% | -4,289% | -429% | -625% | -675% | -529% | 7% | 19% | 18% | |
| 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 5 | 10 | 17 | |
| 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 | 38 |
| 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 | 32 | |
| 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 | 7.90 |
| 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: | 75% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 77% |
| 5 Years: | 171% |
| 3 Years: | 334% |
| TTM: | 290% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 162% |
| 3 Years: | 222% |
| 1 Year: | 167% |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 22 | 42 |
| Reserves | -1 | -1 | -1 | -2 | -5 | -5 | -5 | -5 | -6 | -5 | 33 | 37 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 | 75 | 61 | 92 | |
| 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 22 | 30 | 100 | |
| Total Liabilities | 6 | 6 | 6 | 6 | 2 | 2 | 1 | 1 | 21 | 98 | 146 | 271 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19 | 0 | 0 | |
| CWIP | 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 |
| 5 | 5 | 5 | 6 | 2 | 2 | 1 | 1 | 21 | 78 | 129 | 256 | |
| Total Assets | 6 | 6 | 6 | 6 | 2 | 2 | 1 | 1 | 21 | 98 | 146 | 271 |
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% |
Documents
Announcements
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Intimation Under Regulation 31A-Filing Of Application With The Stock Exchanges For Reclassification
31 Oct - Shraddha Prime submitted promoter/promoter-group reclassification application to BSE on 29 October 2025; board approved submission.
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Board Meeting Outcome for Intimation Of The Outcome Of The Board Meeting Held For Consideration Of Request For Re-Classification By Persons Falling Under Promotor And Promotor Group
27 Oct - Board approved reclassification of nine promoters to public: 87,300 shares (0.21%) on Oct 27, 2025.
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Board Meeting Intimation for For Considering And Approving Standalone And Consolidated Unaudited Financial Results For The Second Quarter And Half Year Ended 30Th September 2025.
27 Oct - Board meeting on Nov 14, 2025 to approve Q2/H1 unaudited results; trading window Oct 1–Nov 16.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Oct - Compliance Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 30th September, 2025
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Disclosure Under Regulation 30, Read With Regulation 31(A) Of The SEBI (LODR) Regulations, 2015.
8 Oct - Five promoters requested reclassification to public on Oct 8, 2025; total 87,300 shares (0.21%).
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
SPPL is in the business of real estate activities which involves developing, leasing, constructing, reconstructing, etc. of residential projects in India.