BSECompany Update12 Aug 2026 · 12 Aug 2026, 08:55 pm
Press Release of the Company on the Unaudited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026
Shriram Properties Ltd · 543419
✦ AI Summary▲ PositiveResults
Shriram Properties Ltd reported a 10% YoY increase in quarterly sales to ₹484 Crs, with pre-tax profits marginally higher at ₹18 Crs. The company launched new projects in Chennai and Kolkata, and expects pre-sales momentum to strengthen further with multiple launches planned in the coming quarters.
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment7/10
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Shriram Properties Ltd - 543419 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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August 12, 2026
National Stock Exchange of India Limited BSE Limited
The Listing Department Dept of Corporate Services
Exchange Plaza, 5 Floor Plot C 1 – G Block Phiroze Jeejeebhoy Towers
Bandra-Kurla Complex, Bandra (E) Dalal Street, Fort
Mumbai 400 051 Mumbai 400 001
Scrip Code: SHRIRAMPPS Scrip Code: 543419
DSuebar: PSirre/sMs aRdealmea, se
Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we enclose herewith the press release of the Company on the Unaudited Financial Results
(Standalone & Consolidated) for the quarter ended June 30, 2026.
We request you to take the above information on record.
Thanking you
RFoerg aSrhdrsi ram Properties Limited
K. Ramaswamy
Company Secretary & Compliance Of�icer
ACS 28580
Encl: a/a
Shriram Properties Limited Registered office:
‘Shriram House’, No. 31, T Chowdaiah Road, Lakshmi Neela Rite Choice Centre, 1 Floor,
Sadashivanagar, Bengaluru - 560 080 #9, Bazulla Road, T. Nagar, Chennai – 600 017
P: +91-80-40229999 | F: +91-80-41236222 | W: www.shriramproperties.com
CIN No. : L72200TN2000PLC044560 Email: cs.spl@shriramproperties.com
MEDIA RELEASE
Steady start to the year with strong operational momentum
Quarterly Sales up 10% YoY to ₹484 Crs; Pre-tax profits marginally higher at ₹18 Crs
Full year outlook remains intact, backed by on-track execution and strong H2 launch line-up
BENGALURU, August 12, 2026: Shriram Properties Limited (“SPL”) has announced its financial
results for the quarter ended June 30, 2026 (“Q1FY27”).
Operational Highlights
The Company reported strong operational performance with record-high first-quarter sales of ₹484
crore (0.85 msf1) in Q1FY27, supported by successful new launches across Chennai and Kolkata.
During the quarter, SPL successfully launched plots as Kolkata’s first Branded Land under the
codename “Forest View”, which received an encouraging customer response. In Chennai, SPL
entered the premium residential segment with the launch of its project, codenamed “King Life” in
Koyambedu. Both launches in Jun’26 were successful, delivering healthy sales within the first 30
days of launch. Strong initial customer traction reinforces confidence in the Company's product
strategy. SPL expects pre-sales momentum to strengthen further with multiple launches planned in
the coming quarters.
Gross customer collections grew 8% YoY to ₹365 crore in Q1, supported by robust execution-led
milestones and handover-linked collections. Overall collections to gain further momentum,
supported by accelerated construction activity and sales ramp-up from new launches.
The Company handed over 690+ units to customers during Q1, building on the record handovers
achieved in Q4 FY26 and continuing its strong execution momentum.
On the business development front, the Company has made significant progress in strengthening its
development pipeline, supported by a renewed focus on project additions. During the quarter, SPL
added a new project with an estimated GDV of ~₹650 crore and is at an advanced stage of closure of
additional projects with 7+ msf of development potential, providing strong visibility for future growth.
Financial Highlights
(₹ Crores) Q1FY27 Q1FY26 FY26
Total Revenues 271.1 261.5 1,356.9
EBITDA 41.9 41.6 176.8
Profit Before Tax 18.1 17.0 80.6
Net Profit 11.0 20.6 100.8
1 Msf = Million Square Feet
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MEDIA RELEASE
Significant highlights of Q1 FY27 results are as follows:
• Total revenues stood at ₹271 crore, up 4% YoY, supported by continued revenue recognition
from recently completed projects. Modest growth given aggressive handovers in Q4 and
skewed handover product mix towards Kolkata projects.
• Gross profit stood at ₹56 crore, while EBITDA stood at ₹42 crore for the quarter.
• Finance costs stood at ₹21 crore, supported by the cessation of non-cash charges relating to
non-compete fee in Kolkata.
• Net profit of ₹11 crore in Q1 FY27.
• Generated operating cashflows of ₹54 crore and deployed ₹88 crore towards new project
investments during the quarter.
• Maintained a comfortable cash and cash equivalents balance of ₹219 crore.
• Net debt stood at ₹432 crore, with a healthy net debt-to-equity ratio of 0.3x.
• SPL continues to maintain a strong credit profile with a CRISIL rating of A(-)/Positive.
Outlook
SPL remains confident of sustaining its growth momentum, supported by a strong launch pipeline
targeted during H2FY27, healthy project execution and improving visibility on scheduled handovers.
The encouraging response to recent launches in Chennai and Kolkata further validates the
Company’s product strategy and provides a strong foundation for continued pre-sales momentum
through FY27.
With a significant portion of its ongoing portfolio already sold and multiple projects progressing
towards scheduled completion, the Company remains focused on accelerating execution and
timely handovers to drive revenue recognition through the remainder of FY27.
Simultaneous focus remains on continued addition of new projects across key markets is expected
to strengthen the development pipeline and support growth beyond FY27.
Commenting on the performance, Mr. Murali M, Chairman and Managing Director of SPL said: “We
have commenced FY27 on a strong note, with robust operational performance and encouraging
customer response to our new launches across Chennai and Kolkata. With a healthy balance sheet,
disciplined capital allocation and a diversified project portfolio across Bengaluru, Chennai, Kolkata
and Pune, SPL remains well positioned to pursue its growth opportunities while continuing to create
sustainable long-term value for all stakeholders.”
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MEDIA RELEASE
About Shriram Properties Limited
Shriram Properties Ltd (SPL) is one of India's leading residential real estate developers, focused on the mid-market and
mid-premium segments. SPL’s key markets include Bengaluru, Chennai, Pune and Kolkata. SPL has demonstrated
track-record, having delivered 52+ projects with over 32.9 msf of development, in Bengaluru and Chennai and Kolkata.
SPL has a strong development pipeline comprising of 41 projects with an aggregate development potential of 33.7 msf,
including 16.0 msf of ongoing projects, as of June 30, 2026.
For further details, please contact SPL:
Investors/Analysts Media
Shrikanth DS ir.spl@shriramproperties.com Annet Sumitra Pillai annet.sp@shriramproperties.com | +91 90080 77723
Rahul Agarwal rahul.agarwal@sgapl.net Louis D'Rozario louis@bosecommunications.in | +91 9880138479
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