Shriram Properties Ltd
Shriram Properties is a part of Shriram Group.
They are one of the leading residential real estate development companies in South India primarily focused on the mid-market and affordable housing categories.
They are also present in plotted development, mid-market premium, luxury housing as well as commercial & office space categories in our core markets.
They commenced operations in Bengaluru in the year 2000 and have since expanded their presence to other cities in South India, i.e., Chennai, Coimbatore and Visakhapatnam. In addition, they also have presence in Kolkata in East India, where they are developing a large mixed-use project. [1]
- Market Cap ₹ 1,570 Cr.
- Current Price ₹ 92.2
- High / Low ₹ 148 / 63.1
- Stock P/E
- Book Value ₹ 93.2
- Dividend Yield 0.00 %
- ROCE -2.61 %
- ROE -3.57 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.99 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -24.7% over past five years.
- Promoter holding is low: 27.9%
- Company has a low return on equity of 1.93% over last 3 years.
- Contingent liabilities of Rs.652 Cr.
- Debtor days have increased from 64.3 to 127 days.
- Working capital days have increased from 3,041 days to 5,205 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
353 | 173 | 213 | 452 | 263 | 125 | 207 | 135 | 132 | 64 | |
361 | 199 | 526 | 480 | 306 | 193 | 338 | 195 | 144 | 182 | |
Operating Profit | -8 | -25 | -313 | -28 | -43 | -68 | -131 | -60 | -12 | -118 |
OPM % | -2% | -15% | -147% | -6% | -16% | -55% | -63% | -45% | -9% | -185% |
55 | 236 | 543 | 99 | 111 | 121 | 118 | 156 | 160 | 71 | |
Interest | 223 | 146 | 37 | 44 | 46 | 46 | 36 | 40 | 34 | 33 |
Depreciation | 2 | 2 | 1 | 2 | 2 | 3 | 3 | 3 | 3 | 4 |
Profit before tax | -178 | 62 | 191 | 25 | 20 | 4 | -52 | 53 | 111 | -84 |
Tax % | -0% | 4% | 13% | 0% | 50% | -287% | -24% | 4% | 13% | -31% |
-178 | 59 | 167 | 25 | 10 | 15 | -40 | 50 | 96 | -58 | |
EPS in Rs | -11.99 | 4.01 | 11.24 | 1.70 | 0.66 | 1.01 | -2.36 | 2.96 | 5.66 | -3.39 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -25% |
3 Years: | -32% |
TTM: | -52% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -17% |
TTM: | -158% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 9% |
1 Year: | -17% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | 2% |
Last Year: | -4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 148 | 148 | 148 | 148 | 148 | 148 | 170 | 170 | 170 | 170 |
Reserves | -635 | 916 | 1,088 | 1,117 | 1,127 | 1,144 | 1,325 | 1,376 | 1,473 | 1,417 |
240 | 235 | 339 | 385 | 301 | 261 | 241 | 339 | 281 | 362 | |
1,907 | 359 | 808 | 502 | 441 | 399 | 294 | 228 | 225 | 322 | |
Total Liabilities | 1,659 | 1,658 | 2,383 | 2,152 | 2,018 | 1,951 | 2,030 | 2,112 | 2,150 | 2,271 |
3 | 3 | 3 | 31 | 56 | 54 | 53 | 54 | 55 | 54 | |
CWIP | 0 | 0 | 0 | 8 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 835 | 803 | 836 | 645 | 562 | 536 | 559 | 636 | 991 | 912 |
821 | 852 | 1,544 | 1,468 | 1,400 | 1,361 | 1,418 | 1,423 | 1,103 | 1,305 | |
Total Assets | 1,659 | 1,658 | 2,383 | 2,152 | 2,018 | 1,951 | 2,030 | 2,112 | 2,150 | 2,271 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
-4 | -49 | -57 | -119 | -50 | -20 | -114 | -116 | -13 | -86 | |
-1 | 89 | -1 | 109 | 193 | 95 | 16 | 11 | 80 | 54 | |
-23 | -39 | 81 | -10 | -133 | -88 | 176 | 54 | -87 | 54 | |
Net Cash Flow | -28 | 1 | 23 | -21 | 9 | -12 | 77 | -51 | -21 | 22 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 20 | 51 | 98 | 38 | 32 | 116 | 49 | 43 | 23 | 127 |
Inventory Days | 835 | 4,892 | 560 | 798 | 2,712 | 3,261 | ||||
Days Payable | 146 | 398 | 87 | 124 | 351 | 392 | ||||
Cash Conversion Cycle | 709 | 51 | 4,592 | 511 | 705 | 2,477 | 2,918 | 43 | 23 | 127 |
Working Capital Days | -1,645 | 268 | 1,333 | 470 | 677 | 1,527 | 946 | 1,867 | 2,051 | 5,205 |
ROCE % | 40% | 1% | 5% | 4% | 3% | -1% | 5% | 8% | -3% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
2d - Annual Secretarial Compliance Report filed for FY 2024-25 as per SEBI regulations.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Newspaper publication of Audited Financial Results for the quarter and the year ended March 31, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
27 May - Audio recording of May 27, 2025 analyst/investor meeting released by Shriram Properties.
- Announcement under Regulation 30 (LODR)-Investor Presentation 27 May
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
27 May - Shriram Properties reports FY25 revenues Rs.973cr, net profit Rs.77cr, record handovers, and strong FY26 outlook.
Annual reports
Concalls
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May 2025TranscriptNotesPPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Dec 2022Transcript PPT
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Nov 2022TranscriptNotesPPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022Transcript PPT
Part of Shriram group
Shriram Properties is part of the Shriram Group, which is a prominent business group with four decades of operating history in India and a well-recognized brand in the retail financial services sector and several other industries. [1]