Shraddha Prime Projects Ltd
Incorporated in 2007, Shraddha Prime Projects Ltd is in the business of Real Estate Development[1]
- Market Cap ₹ 667 Cr.
- Current Price ₹ 165
- High / Low ₹ 259 / 133
- Stock P/E 17.5
- Book Value ₹ 23.7
- Dividend Yield 0.18 %
- ROCE 16.3 %
- ROE 36.9 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.9%
Cons
- Stock is trading at 6.97 times its book value
- Company might be capitalizing the interest cost
- Working capital days have increased from 305 days to 587 days
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 9 | 84 | 156 | 370 | |
| 8 | 74 | 125 | 319 | |
| Operating Profit | 1 | 10 | 31 | 51 |
| OPM % | 10% | 12% | 20% | 14% |
| 0 | 1 | 5 | 7 | |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 11 | 35 | 58 |
| Tax % | 37% | 38% | 28% | |
| 0 | 7 | 25 | 37 | |
| EPS in Rs | 0.12 | 1.62 | 6.10 | 9.40 |
| Dividend Payout % | 0% | 0% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 168% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 235% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 56% |
| 5 Years: | 138% |
| 3 Years: | 177% |
| 1 Year: | 16% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 33% |
| Last Year: | 37% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|
| Equity Capital | 6 | 22 | 42 | 42 |
| Reserves | -5 | 33 | 37 | 53 |
| 88 | 103 | 189 | 219 | |
| 44 | 55 | 117 | 208 | |
| Total Liabilities | 133 | 214 | 386 | 523 |
| 1 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 1 | 2 | 7 | 22 |
| 132 | 212 | 378 | 500 | |
| Total Assets | 133 | 214 | 386 | 523 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| -70 | -66 | -75 | |
| -2 | -0 | -1 | |
| 75 | 65 | 85 | |
| Net Cash Flow | 3 | -2 | 9 |
| Free Cash Flow | -71 | -66 | -75 |
| CFO/OP | -7,948% | -679% | -212% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 0 | 19 | 19 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 0 | 19 | 19 |
| Working Capital Days | -136 | 464 | 587 |
| ROCE % | 9% | 16% |
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 ・Standalone data |
|||||||||||
| Total Gross Development Value (GDV) INR Crores |
|||||||||||
| Total Saleable Area (Ongoing Projects) Sq. ft. |
|||||||||||
| Area Sold Sq. ft. |
|||||||||||
Extracted by Screener AI
Documents
Announcements
-
Compliance-57 (5) : intimation after the end of quarter
21 Apr - Company certified 5,800 unlisted NCDs aggregating Rs 58 crore under Regulation 57(5).
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
21 Apr - Shraddha Prime Projects confirms it is not a Large Corporate as of 31 March 2026.
-
Intimation Under Reg. 30 For Receiving CC For New Project Shraddha Paradise Enclave
15 Apr - Received CC for Shraddha Paradise Enclave; expected revenue Rs 420-450 crore over three years.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026.
-
Intimation Under Reg.30 - The Developer Has Received CC (Commencement Certificate) For Its New Project Shraddha Phoenix
9 Apr - Shraddha Phoenix receives commencement certificate; expected to generate ~₹150 crore over three years.
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.