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 ₹ 1,356 Cr.
- Current Price ₹ 79.4
- High / Low ₹ 106 / 63.1
- Stock P/E 19.4
- Book Value ₹ 81.3
- Dividend Yield 0.00 %
- ROCE 9.73 %
- ROE 5.81 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.98 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 23.2% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 27.9%
- Tax rate seems low
- Company has a low return on equity of 5.84% over last 3 years.
- Contingent liabilities of Rs.732 Cr.
- Earnings include an other income of Rs.123 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
Part of BSE Allcap BSE Consumer Discretionary
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 368 | 650 | 572 | 432 | 433 | 674 | 865 | 823 | 1,034 | |
| 367 | 652 | 582 | 415 | 358 | 631 | 784 | 794 | 985 | |
| Operating Profit | 1 | -2 | -10 | 17 | 74 | 43 | 81 | 30 | 49 |
| OPM % | 0% | -0% | -2% | 4% | 17% | 6% | 9% | 4% | 5% |
| 408 | 203 | 63 | 73 | 87 | 142 | 123 | 173 | 123 | |
| Interest | 94 | 113 | 128 | 129 | 122 | 106 | 118 | 105 | 92 |
| Depreciation | 2 | 5 | 6 | 7 | 7 | 8 | 9 | 10 | 10 |
| Profit before tax | 312 | 83 | -82 | -45 | 33 | 72 | 76 | 88 | 71 |
| Tax % | -10% | 41% | 6% | 51% | 45% | 5% | 1% | 12% | |
| 343 | 49 | -86 | -68 | 18 | 68 | 75 | 77 | 70 | |
| EPS in Rs | 23.15 | 3.39 | -5.80 | -4.60 | 0.58 | 3.88 | 4.43 | 4.53 | 4.11 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 24% |
| TTM: | 44% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 101% |
| TTM: | 41% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 7% |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 6% |
| Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 148 | 148 | 148 | 148 | 170 | 170 | 170 | 170 | 171 |
| Reserves | 790 | 832 | 756 | 690 | 963 | 1,030 | 1,107 | 1,185 | 1,217 |
| 807 | 846 | 739 | 727 | 545 | 644 | 656 | 655 | 706 | |
| 1,540 | 1,528 | 1,759 | 1,719 | 1,950 | 1,791 | 1,842 | 1,928 | 2,046 | |
| Total Liabilities | 3,285 | 3,353 | 3,403 | 3,284 | 3,628 | 3,634 | 3,775 | 3,939 | 4,139 |
| 30 | 60 | 81 | 76 | 82 | 81 | 86 | 81 | 84 | |
| CWIP | 0 | 8 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Investments | 346 | 296 | 99 | 36 | 39 | 121 | 121 | 187 | 190 |
| 2,909 | 2,989 | 3,223 | 3,172 | 3,507 | 3,432 | 3,568 | 3,670 | 3,865 | |
| Total Assets | 3,285 | 3,353 | 3,403 | 3,284 | 3,628 | 3,634 | 3,775 | 3,939 | 4,139 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| -297 | -179 | 129 | 148 | 124 | 5 | 221 | 154 | |
| 203 | 172 | 100 | 7 | 30 | -30 | -34 | -44 | |
| 122 | -7 | -227 | -119 | -100 | -9 | -108 | -128 | |
| Net Cash Flow | 28 | -14 | 2 | 36 | 54 | -33 | 79 | -18 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 156 | 121 | 105 | 112 | 91 | 43 | 32 | 42 |
| Inventory Days | 7,272 | 7,584 | 10,012 | 4,839 | 4,052 | 7,032 | ||
| Days Payable | 520 | 511 | 716 | 303 | 254 | 506 | ||
| Cash Conversion Cycle | 156 | 6,873 | 7,178 | 9,409 | 91 | 4,579 | 3,830 | 6,567 |
| Working Capital Days | 425 | 347 | 278 | 326 | 583 | 411 | 388 | 376 |
| ROCE % | 4% | 2% | 5% | 10% | 10% | 10% | 10% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2h - Of Schedule of Analyst/Institutional Investor Meeting to be held on 6th March, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
4h - Virtual group investor/analyst meeting on March 5, 2026, 11:00–12:00; no UPSI to be shared.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
20 Feb - Transcript of the Investor Conference Call held to discuss the financial and operational performance of the Company for the third quarter and nine months ended …
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Announcement under Regulation 30 (LODR)-Change in Management
16 Feb - Deputy CFO Rajesh Shirwatkar resigns effective Feb 16, 2026; CFO to oversee finance.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Feb - Newspaper publication of Unaudited Financial Results (Standalone & Consolidated) for the third quarter and nine months ended December 31, 2025.
Annual reports
Concalls
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT
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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 2022TranscriptAI SummaryPPT
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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]