BSECompany Update6d ago · 13 Aug 2026, 06:39 pm
Intimation under Reg.30- Press Release
Shraddha Prime Projects Ltd · 531771
✦ AI Summary▲ PositiveResults
Shraddha Prime Projects Ltd reported strong Q1 FY27 performance with revenue from operations more than doubling to ₹133.6 crore, EBITDA increasing by 128% YoY to ₹24.4 crore, and PAT more than doubling to ₹19.3 crore. The company received commencement certificates for two key projects, Shraddha Phoenix and Shraddha Paradise Enclave, and is preparing for the launch of Avyukta Imperial, a premium residential development in Matunga East.
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Shraddha Prime Projects Ltd - 531771 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Ref: D:/W/Shraddha/Bse/2026-27
August 13, 2026
The Manager
The Listing Department
Bombay Stock Exchange Limited
P.J.Towers, Dalal Street,
Mumbai – 400001
Symbol: SHRADDHA Script Code: 531771
Sub: Press Release about Q1 FY27 Performance
Dear Sir/Madam,
In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, please find enclosed the Press Release of Q1 FY27 Performance.
The same has also been uploaded on the Company’s website www.shradhaprimeprojects.com.
The copy of the same is enclosed herewith for your records.
Thanking You,
For Shraddha Prime Projects Limited
(Formerly Towa Sokki Limited)
Sudhir Mehta
Managing Director
DIN 02215452
Encl: as above
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
PRESS RELEASE
Shraddha Prime Projects Reports Strong Q1 FY27 Performance
Receives Commencement Cer�ficates for Two Key Projects
Company Prepares for Upcoming Premium Development, Avyukta Imperial, in
Matunga East
Mumbai, 13th August 2026 – Shraddha Prime Projects Ltd, one of Mumbai's established
residen�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 ended
June 30, 2026.
CONSOLIDATED FINANCIAL HIGHLIGHTS - Q1 FY27
Particulars (INR Lakhs) Q1-FY27 Q1-FY26 Y-o-Y
Operational Revenue 13,357.95 5,869.94 127.57%
EBITDA 2,444.19 1,069.57 128.52%
EBITDA Margins (%) 18.30% 18.22%
PAT 1,928.02 930.00 107.32%
PAT Margins (%) 14.43% 15.84%
Diluted EPS (INR) 4.78 2.21
STRONG FINANCIAL PERFORMANCE:
Revenue from Operations more than doubled to ₹133.6 crore in Q1 FY27 from ₹58.7 crore
in Q1 FY26, supported by continued progress across the Company's projects.
EBITDA increased to ₹24.4 crore, compared with ₹10.7 crore in the corresponding quarter
of the previous year a 128% YoY growth.
Profit after tax stood more than doubled to ₹19.3 crore, compared with ₹9.0 crore in Q1
FY26, reflecting the strong operating performance during the quarter.
OPERATIONAL HIGHLIGHTS — Q1 FY27:
Received Commencement Cer�ficate for Shraddha Phoenix: The Company received the
Commencement Cer�ficate for Shraddha Phoenix, an upcoming redevelopment project in
Mulund East comprising the redevelopment of Siddhivinayak Welfare SRA CHS (Prop) and
Utar Bhar�ya Residents SRA CHS. The project has a residen�al RERA carpet area of
approximately 75,000 sq. �. and further strengthens the Company's presence in the
Mulund micro-market.
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
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
Received Commencement Cer�ficate for Shraddha Paradise Enclave: The Company also
received the Commencement Cer�ficate for Shraddha Paradise Enclave in Mulund West,
involving the redevelopment of Himgiri CHS. The project comprises approximately
1,30,000 sq. �. of residen�al RERA carpet area and approximately 20,000 sq. �. of
commercial RERA carpet area. The development adds further depth to the Company's
growing redevelopment por�olio in Mumbai's suburban markets.
Upcoming premium development – Avyukta Imperial: The Company is preparing for the
upcoming launch of Avyukta Imperial, a premium residen�al development in Matunga
East through its affiliate, Roop Ventures LLP. Designed as an exclusive development, the
project comprises spacious 3 BHK and customised jodi residences, with homes extending
up to approximately 2,700 sq. �. of RERA carpet area. The project is posi�oned around
privacy, spacious living, premium finishes and a differen�ated lifestyle offering.
Strengthening presence across Mumbai micro-markets: With projects across
redevelopment, SRA, MHADA and residen�al development segments, the Company
con�nues to expand its presence across established and emerging Mumbai micro-
markets. The addi�on of projects in Mulund, along with the upcoming premium
development in Matunga East, reflects the Company's approach of combining
redevelopment opportuni�es with selec�ve par�cipa�on in the premium housing
segment.
Commen�ng on the results, Mr. Sudhir Mehta, Promoter and Managing Director, Shraddha
Prime Projects Limited, said:
"The first quarter of FY27 has been encouraging from an operational perspective, with important
milestones achieved across our project pipeline. The receipt of Commencement Certificates for
Shraddha Phoenix and Shraddha Paradise Enclave strengthens our execution visibility and takes
these projects closer to the next stage of development.
We are also looking forward to the upcoming Avyukta Imperial development in Matunga East,
which marks an important step in our expansion into the premium housing segment. The project
has been designed as an exclusive offering focused on spacious homes, privacy and quality of living,
in a well-established Mumbai micro-market.
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
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
Mumbai's redevelopment opportunity continues to remain strong, supported by the city's evolving
housing needs and infrastructure development. Our focus remains on identifying the right
opportunities, progressing projects in a disciplined manner and building a balanced portfolio
across redevelopment and residential segments. As we move ahead, we remain committed to
maintaining execution momentum and creating long-term value through well-located and
thoughtfully developed projects.”
About Shraddha Prime Projects Ltd:
Shraddha Prime Projects Limited (BSE: 531771) is a growing Mumbai-based real estate developer
with a diversified por�olio spanning residen�al developments, slum rehabilita�on (SRA) projects,
redevelopment ini�a�ves, and MHADA projects. The company caters to a broad spectrum of
homebuyers by offering a wide range of housing solu�ons, including affordable homes, compact
residences, premium, and super-premium dwellings. With a strong focus on quality, inclusivity,
and execu�on, Shraddha Prime con�nues to strengthen its presence in the Mumbai real estate
market.
For more informa�on, please visit shraddhaprimeprojects.in
For Shraddha Prime Projects Limited
(Formerly Towa Sokki Limited)
Sudhir Mehta
Managing Director
DIN 02215452
For further informa�on, please contact:
Investor Rela�ons Advisors – Adfactors PR Pvt Ltd
Mr. Yash Sanghavi / Mr. Sumit Kinikar
yash.sanghavi@adfactorspr.com / Sumit.Kinikar@adfactorspr.com
Cau�onary statement concerning forward-looking statements:
Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject
to certain risks and uncertain�es like regulatory changes, local poli�cal or economic developments, and many other
factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking
statements. Further, past performance is not necessarily indica�ve of future results. Given these risks, uncertain�es and
other risk factors, viewers are cau�oned not to place undue reliance on these forward-looking statements. The Company
will not be in any way responsible for any ac�on taken based on such statements and undertakes no obliga�on to
publicly update these forward-looking statements to reflect subsequent events or circumstances.
shraddhaprimeprojects@gmail.com Registered Office: A – 309, Kanara Business Centre Premises CHS Ltd, Link
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