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 ₹ 1,089 Cr.
- Current Price ₹ 63.8
- High / Low ₹ 99.5 / 60.6
- Stock P/E 11.9
- Book Value ₹ 85.6
- Dividend Yield 0.00 %
- ROCE 7.79 %
- ROE 6.78 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.75 times its book value
- Company is expected to give good quarter
- Debtor days have improved from 31.4 to 20.4 days.
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 6.23% over last 3 years.
- Contingent liabilities of Rs.733 Cr.
- Earnings include an other income of Rs.127 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 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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 368 | 650 | 572 | 432 | 433 | 674 | 865 | 823 | 1,267 | 1,249 | |
| 367 | 652 | 582 | 415 | 358 | 631 | 784 | 794 | 1,182 | 1,211 | |
| Operating Profit | 1 | -2 | -10 | 17 | 74 | 43 | 81 | 30 | 85 | 39 |
| OPM % | 0.3% | -0.3% | -1.8% | 3.9% | 17% | 6% | 9% | 3.6% | 7% | 3.1% |
| 408 | 203 | 63 | 73 | 87 | 142 | 123 | 173 | 90 | 127 | |
| Interest | 94 | 113 | 128 | 129 | 122 | 106 | 118 | 105 | 86 | 85 |
| Depreciation | 2 | 5 | 6 | 7 | 7 | 8 | 9 | 10 | 10 | 10 |
| Profit before tax | 312 | 83 | -82 | -45 | 33 | 72 | 76 | 88 | 78 | 70 |
| Tax % | -10% | 41% | 6% | 51% | 45% | 5% | 1% | 12% | -29% | |
| 343 | 49 | -86 | -68 | 18 | 68 | 75 | 77 | 101 | 91 | |
| EPS in Rs | 23.15 | 3.39 | -5.80 | -4.60 | 0.58 | 3.88 | 4.43 | 4.53 | 5.91 | 5.35 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 23% |
| TTM: | 37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 13% |
| TTM: | 14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -11% |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 6% |
| Last Year: | 7% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 148 | 148 | 148 | 148 | 170 | 170 | 170 | 170 | 171 |
| Reserves | 790 | 832 | 756 | 690 | 963 | 1,030 | 1,107 | 1,185 | 1,289 |
| 807 | 846 | 739 | 727 | 545 | 644 | 656 | 655 | 616 | |
| 1,540 | 1,528 | 1,759 | 1,719 | 1,950 | 1,791 | 1,842 | 1,928 | 1,639 | |
| Total Liabilities | 3,285 | 3,353 | 3,403 | 3,284 | 3,628 | 3,634 | 3,775 | 3,939 | 3,714 |
| 30 | 60 | 81 | 76 | 82 | 81 | 86 | 81 | 128 | |
| CWIP | 0 | 8 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Investments | 346 | 296 | 99 | 36 | 39 | 121 | 121 | 187 | 63 |
| 2,909 | 2,989 | 3,223 | 3,172 | 3,507 | 3,432 | 3,568 | 3,670 | 3,524 | |
| Total Assets | 3,285 | 3,353 | 3,403 | 3,284 | 3,628 | 3,634 | 3,775 | 3,939 | 3,714 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| -297 | -179 | 129 | 148 | 124 | 5 | 221 | 154 | -16 | |
| 203 | 172 | 100 | 7 | 30 | -30 | -34 | -44 | 124 | |
| 122 | -7 | -227 | -119 | -100 | -9 | -108 | -128 | -123 | |
| Net Cash Flow | 28 | -14 | 2 | 36 | 54 | -33 | 79 | -18 | -14 |
| Free Cash Flow | -310 | -219 | 113 | 147 | 125 | 0 | 212 | 148 | -17 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -25,679% | 8,507% | -1,358% | 878% | 171% | 11% | 292% | 523% | -19% |
Ratios
Consolidated / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 156 | 121 | 105 | 112 | 91 | 43 | 32 | 42 | 20 |
| Inventory Days | 7,272 | 7,584 | 10,012 | 4,839 | 4,052 | 7,032 | 12,843 | ||
| Days Payable | 520 | 511 | 716 | 303 | 254 | 506 | 1,131 | ||
| Cash Conversion Cycle | 156 | 6,873 | 7,178 | 9,409 | 91 | 4,579 | 3,830 | 6,567 | 11,732 |
| Working Capital Days | 425 | 347 | 278 | 326 | 583 | 411 | 388 | 376 | 332 |
| ROCE % | 4% | 2% | 5% | 10% | 10% | 10% | 10% | 8% |
Insights
In beta| Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales Volume msf (million square feet) |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
- Shriram Properties appointed Revathy Iyer and Dr. R. Seetharaman as additional independent directors from October 22, 2026.
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Board Meeting Outcome for Outcome Of The Board Meeting
- On October 22, 2026, Shriram Properties appointed Revathy Iyer and Dr. R. Seetharaman as independent directors for five years.
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Submission Of ESOP Trust Deed Under Regulation 3(3) Of SEBI (Share Based Employee Benefits And Sweat Equity) Regulations, 2021
- Shriram Properties filed ESOP Trust Deed for its 2025 employee stock option scheme on October 17, 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- The confirmation Certificate received from KFin Technologies Limited ....
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
- Shriram Properties signed definitive docs to acquire 49%-50% stakes in four JVs on Sept. 30, 2026.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2022
from nse
Concalls
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT REC
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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 2022PPT
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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]