Intimation of Press Release

CIN: L70100MH1993PLC394793 ISIN : INE311M01018 Shraddha Prime Projects Ltd. (Formerly Known As Towa Sokki Limited) S H R A D D H A PRIME PROJECTS LTD. CONSTRUCTING VALUE Ref: D:/W/Shraddha/Bse/2026-27 November 6, 2026 The Listing Compliance BSE Limited Corporate Relationship Department, BSE Limited, Ground Floor, P.J. Towers, Dalal Street, Mumbai - 400001 Symbol: SHRADDHA Script Code: 531771 Subject: Press Release on Q2 Results for the three months and half year ended September 30, 2026 under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir / Madam, Pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company is issuing a Press Release on Q2 Results for the three months and half year ended September 30, 2026. A copy of the Press Release titled “Shraddha Prime Projects Announces Q2 results” is enclosed herewith for your records and dissemination. This is for your information and records. Thanking You, For Shraddha Prime Projects Limited Sudhir Balu Mehta Managing Director DIN: 02215452 Encl: Press Release (as above) shraddhaprimeprojects@gmail.com Registered Office: A – 309, Kanara Business Centre Premises CHS Ltd, Link Road, www.shraddhaprimeprojects.in Laxmi Nagar, Ghatkopar (East), Mumbai 400 075. Tel: 022 21646000 PRESS RELEASE Shraddha Prime Projects Reports Strong H1 FY27 Performance, with Revenue Growing 37.59% YoY Launches 2 New Projects: Pandora by Shraddha and Param Adarsh Mumbai, 5th November 2026 – Shraddha Prime Projects Ltd, one of Mumbai's established residen(cid:415)al real estate developers with a proven track record across redevelopment, SRA and new development segments, today announced its un-audited financial results for the quarter and half year ended September 30, 2026. CONSOLIDATED FINANCIAL HIGHLIGHTS – Q2 & H1FY27 Particulars (INR Crore) Q2-FY27 Q2-FY26 Y-o-Y H1-FY27 H1-FY26 Y-o-Y Operational Revenue 132.02 134.33 (1.72)% 265.60 193.03 37.59% EBITDA 28.95 11.88 143.75% 53.39 22.57 136.57% EBITDA Margins (%) 21.93% 8.84% 1,309 bps 20.10% 11.69% 841 bps PAT 24.93 8.08 208.62% 44.31 17.32 155.84% PAT Margins (%) 18.88% 6.01% 1,287 bps 16.68% 8.82% 786 bps Diluted EPS (INR) 6.17 2.16 10.97 4.28 STRONG FINANCIAL PERFORMANCE: FINANCIAL HIGHLIGHTS — Q2 FY27:  Revenue from Operations declined to ₹132.02 crore in Q2 FY27 from ₹134.33 crore in Q2 FY26.  EBITDA more than doubled to ₹28.95 crore in Q2 FY27, compared with ₹11.88 crore in the corresponding quarter of the previous year a 143.75% YoY growth.  Profit after tax stood more than tripled to ₹24.93 crore in Q2 FY27, compared with ₹8.08 crore in Q2 FY26 with 208.62% YoY growth, reflecting the strong operating performance during the quarter. FINANCIAL HIGHLIGHTS — H1 FY27:  Revenue from Operations increased to ₹265.60 crore in H1 FY27 from ₹193.03 crore in H1 FY26, supported by continued progress across the Company's projects.  EBITDA increased to ₹53.39 crore in H1 FY27, compared with ₹22.57 crore in H1 FY26 with 136.57% YoY growth.  Profit after tax stood more than doubled to ₹44.31 crore in H1 FY27, compared with ₹17.32 crore in H1 FY26, reflecting the strong operating performance during the quarter. OPERATIONAL HIGHLIGHTS — Q2 FY27:  Launch of Pandora by Shraddha: The Company launched Pandora by Shraddha, a 22-storey mixed-use development in Nahur West, Mumbai, comprising residen(cid:415)al and commercial spaces. The project received bookings for 110 units out of 471 units on launch day, aggrega(cid:415)ng approximately ₹60 crore, with an es(cid:415)mated Gross Development Value (GDV) of ₹220 crore.  Launch of ‘Param Adarsh’ in Mulund West: The Company launched Param Adarsh, a 21-storey residen(cid:415)al development strategically located opposite Mulund West railway sta(cid:415)on. With an es(cid:415)mated GDV of approximately ₹120 crore, the project strengthens the Company's presence in an established Mumbai residen(cid:415)al micro-market, offering convenient connec(cid:415)vity and access to key areas of the city.  Strengthening presence across Mumbai micro-markets: With projects across redevelopment, SRA, MHADA and residen(cid:415)al development segments, the Company con(cid:415)nues to expand its presence across established and emerging Mumbai micro-markets. The addi(cid:415)on of projects in Mulund, along with the upcoming premium development in Matunga East, reflects the Company's approach of combining redevelopment opportuni(cid:415)es with selec(cid:415)ve par(cid:415)cipa(cid:415)on in the premium housing segment. Commen(cid:415)ng on the results, Mr. Sudhir Mehta, Promoter and Managing Director, Shraddha Prime Projects Limited, said: "When I look at the first half of FY27, what stands out is how our business has gradually evolved over the years. We started with a strong presence in Mumbai’s Central Suburbs, building our exper(cid:415)se in SRA and redevelopment projects, par(cid:415)cularly in the affordable housing segment. Over (cid:415)me, we have expanded into the Western Suburbs and are now extending our presence into established loca(cid:415)ons such as Dadar and Matunga. This journey reflects our efforts to build on our exis(cid:415)ng strengths while exploring new opportuni(cid:415)es across Mumbai. From a financial perspec(cid:415)ve, we have also had a strong first half, with revenue growing 37.59% year- on-year to ₹265.60 crore, while EBITDA increased by 136.57% to ₹53.39 crore and PAT grew by 155.84% to ₹44.30 crore. The improvement in profitability reflects the progress we are making across our business. Alongside this geographical expansion, we are also seeing a shi(cid:332) in the nature of our por(cid:414)olio. Affordable housing and redevelopment remain important to our business, but we are now entering the premium residen(cid:415)al segment through projects such as Avyukta Imperial in Matunga East, while con(cid:415)nuing to develop projects across the Western Suburbs. We believe this gives us the opportunity to serve a wider range of homebuyers while maintaining our focus on loca(cid:415)ons we understand well. During the first half of FY27, we added six projects to our por(cid:414)olio, which is an important step in expanding our development pipeline. Each new project gives us an opportunity to build on our experience, strengthen our presence in key micro-markets and create a more diversified por(cid:414)olio across housing segments and loca(cid:415)ons. Looking ahead, our focus will remain on progressing our ongoing projects, building our pipeline and ensuring disciplined execu(cid:415)on. As we expand into new markets and higher-value housing, we will con(cid:415)nue to be mindful of project feasibility, quality and (cid:415)mely delivery. We believe the combina(cid:415)on of our redevelopment experience, growing geographical presence and broader residen(cid:415)al por(cid:414)olio posi(cid:415)ons us well to par(cid:415)cipate in Mumbai’s evolving housing market and create long-term value for the Company.” About Shraddha Prime Projects Ltd: Shraddha Prime Projects Limited (BSE: 531771) is a growing Mumbai-based real estate developer with a diversified por(cid:414)olio spanning residen(cid:415)al developments, slum rehabilita(cid:415)on (SRA) projects, redevelopment ini(cid:415)a(cid:415)ves, and MHADA projects. The company caters to a broad spectrum of homebuyers by offering a wide range of housing solu(cid:415)ons, including affordable homes, compact residences, premium, and super-premium dwellings. With a strong focus on quality, inclusivity, and execu(cid:415)on, Shraddha Prime con(cid:415)nues to strengthen its presence in the Mumbai real estate market. For more informa(cid:415)on, please visit shraddhaprimeprojects.in For further informa(cid:415)on please contact: Investor Rela(cid:415)ons Advisors – Adfactors PR Pvt Ltd Mr. Smit Patel / Mr. Yash Sanghavi / Mr. Rahu [Showing first 8,000 characters — download PDF for full document]