Transcripts of the Earnings Call held on August 13, 2026 is enclosed.

August 19, 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 S Dueba:r T Sriar/nMscardiapmt o, f Earnings Call on the Company’s Financial & Operational Performance for Q1 FY27 held on August 13, 2026 In continuation of our intimation dated August 13, 2026, please �ind enclosed herewith the transcript of the Investor Conference Call held to discuss the �inancial and operational performance of the Company for Q1 FY27. 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 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 “Shriram Properties Limited Q1 FY27 Earnings Conference Call” August 13, 2026 E&OE - This transcript is edited for factual errors. In case of discrepancy, the audio recording uploaded on the stock exchange on 13th August 2026 will prevail. MANAGEMENT: MR. MURALI MALAYAPPAN – CHAIRMAN AND MANAGING DIRECTOR MR. GOPALAKRISHNAN – CHIEF EXECUTIVE OFFICER MR. RAVINDRA PANDEY – CHIEF FINANCIAL OFFICER SGA, INVESTOR RELATIONS ADVISORS Page 1 of 20 Shriram Properties Limited August 13, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the Q1 FY27 Earnings Conference Call hosted by Shriram Properties Limited. As reminder, all participants lines will be in the listen-only mode. And there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance, during this conference call, please signal an operator by pressing star than zero on your touchtone phone. Please note that the conference is being recorded. I now hand the conference over to Mr. Murali, Chairman and Managing Director from Shriram Properties Limited. Thank you, and over to you, sir. Murali Malayappan: Good morning, everyone, and thank you for joining us for the Q1 FY27 Earnings Call. We have commenced the year on a positive note with a strong operational momentum and the record first quarter sales of INR484 crores. The response to our new launches in Chennai and the Kolkata has been particularly encouraging. Our entry into the premium residential segment in Chennai and the successful launch of our branded plotted development in Kolkata important milestones in our portfolio strategy and have further strengthened our confidence in the underlying demand. While Q1 financial performance was relatively steady, the quarter was also characterized by strong collections, continued execution momentum and a healthy level of investment towards our future growth pipeline. With a strong set of scheduled project completions and launches lined up for H2, we have good visibility on improving revenue and earnings momentum through the balance of FY27. Our balance sheet remains healthy, giving us the flexibility to continue investing in new opportunities while maintaining disciplined capital allocation. With a diversified portfolio across our key markets and the growing development pipeline, we remain confident in sustaining our growth momentum and creating long-term value for our stakeholders. With that, I will now hand it over to Mr. Gopalakrishnan, CEO; and Mr. Ravindra Pandey, CFO, to take you through the financial and operational details in greater depth. Thank you. Ravindra Pandey: Thank you, sir. Good morning, everyone. My name is Ravindra Pandey, and I'm the CFO of the company. Thank you for taking time to join us today as we present the performance highlights for Q1 FY27. We have uploaded the presentation on the website and the stock exchanges, and I hope you all have access to it. Over the next few minutes, I will walk you through the operational and financial performance of the company for Q1 FY27. Following that, Mr. Gopal, our CEO, will also join me to take the questions at the end. Let me start with operational highlights referring to Slide Number 4. Q1 has been a good operational start to FY27, providing a strong launch momentum and improving visibility on sales, handovers and revenues for the balance of the year. Page 2 of 20 Shriram Properties Limited August 13, 2026 Coming to the overall performance, we had a strong operational start with three launches during the quarter, two new projects, Shriram Stellar in Chennai and Shriram Southbrook in Kolkata, and a new phase at Green Meadows in Chennai. We achieved our highest ever Q1 sales of INR484 crores with sales volume of 0.85 million square feet. Collections were INR365 crores, supported by execution and handovers. The amicable resolution with the government of West Bengal achieved in FY26 is now translating into monetization opportunities and accelerated launches supporting Kolkata value unlocking. We have expanded the product portfolio from apartment to village and now plotted development. The response to the plotted development launch has been particularly encouraging with approximately 55% of inventory sold within the first 30 days. With Shriram Stellar, we have entered Chennai's premium residential segment with our premium offering. Around 20% of the project was sold during the first weekend of the launch, validating the product positioning with our brand distinct. Overall, the strategic direction remains unchanged, deeper presence in our core markets, premiumizations wherever appropriate and diversification of the product portfolio. This year continues to be weighted, while Q1 performance remained modest from a revenue recognition perspective, healthy collection, sustained construction progress and scheduled completion pipeline provide a strong visibility for the balance of the year. Referring to slide number 5, coming to the quarterly KPIs. Sales value was INR484 crores, up 10% year-on-year; with sales volume of 0.85 million square feet, up 4%. Collection stood at INR365 crores, up 8% and we handed over 690 units during the quarter. On P&L front, revenue was INR271 crores, EBITDA, INR42 crores and PAT INR11 crores. Revenue growth does not fully reflect the underlying momentum primarily due to timing of handovers and project completions. With limited new projects reaching OC milestone in Q1, we expect stronger revenue recognition in Q2 and H2. The muted margins are largely product mix driven rather than structure, with around 40% from relatively lower margin legacy projects from Kolkata. Margins are expected to improve in H2 and higher-margin product reaches completion. From the cash flow perspective, we generated INR135 crores of free cash flow before new project investment, invested INR88 crores in new projects and ended the quarter with a strong liquidity position. Our business development, we added 0.7 million square feet with an estimated GDV of INR650 crores. Overall, Q1 was a strong operational start. Slide Number six summarizes what we have discussed. Referring to slide number 7. During Q1, we launched approximately 0.9 million square feet across 3 launches, 0.3 million square feet at Shriram Stellar in Chennai, 0.4 million square feet at Shriram Southbrook in Kolkata and 0.2 million square feet, Green Meadows in Chennai. These launches demonstrate premiumization product diversification while also validating customer demand in our core markets. Page 3 of 20 Shriram Properties Limited August 13, 2026 In Chennai, Shriram Stellar is our premium residential offering. As the product was launched towards the end of June, its impact on Q1 was limited. Nevertheless approximately 20% of the project was sold durin [Showing first 8,000 characters — download PDF for full document]