Shriram Properties Reports FY26 Results, Achieving All-Time High Revenues of Rs. 1,356.9 Crores

Shriram Properties Reports FY26 Results, Achieving All-Time High Revenues of Rs. 1,356.9 Crores​

Shriram Properties Limited (SPL) announced its financial results for the fourth quarter (Q4FY26) and the full year ended March 31, 2026 (FY26). The company reported strong momentum, citing record handovers and robust operational performance.

The company posted FY26 revenues of Rs. 1,356.9 crores, marking a 39% year-on-year (YoY) increase. Net Profit surpassed the Rs. 1 billion mark for the first time, recording Rs. 100.8 crores, which is a 30% increase YoY.

Operational Performance and Customer Deliveries​

Operationally, SPL reported significant growth across key metrics. Sales bookings during FY26 stood at Rs. 2,354 crores, supported by encouraging responses and sustained sales across various regions. For the quarter, sales bookings reached Rs. 663 crores in Q4FY26.

Customer collections hit a new high of Rs. 1,661 crores in FY26, a 12% increase YoY. The quarterly collection stood at Rs. 511 crores, up 12% YoY.

The company achieved its highest-ever handovers in FY26 by delivering 3,465 homes or plots. This substantial figure was recognized even after navigating challenges related to eKhata and registration during the period. Focused efforts resulted in over 1,300 homes/plots being handed over in Q4FY26 alone.

Strategic and Market Developments​

SPL marked several strategic milestones during FY26. The company added seven new projects, representing an aggregate development potential of approximately 3.5 million square feet (msf), with a gross development value (GDV) of about Rs. 3,500 crores. SPL also has an advanced stage of multiple projects with over 7.0 msf development potential expected in the first half of FY27.

Another significant development was the resolution of long-pending Kolkata land matters. The company successfully completed this by conveying 42.37 acres of land from its 314-acre parcel at Uttarpara, Kolkata, setting the stage for accelerated development in the region.

Furthermore, SPL successfully entered the Western India market with its maiden launch at Undri, Pune. This launch saw the sale of over 300 units in less than a year, indicating strong market acceptance for the 'Shriram' brand.

Financial Summary​

The financial highlights for FY26 and Q4FY26 underline the company’s robust performance:


The company reported that EBITDA was nearly flat at Rs. 176.8 crores, while the Net Profit reached Rs. 100.8 crores, up 30% YoY. The Profit Before Tax (before JV income/(loss)) increased by 25% YoY to Rs. 80.6 crores.

On a full-year basis, SPL generated operating cashflows of Rs. 271 crores and Free Cash Flow (FCF) before new project investments of Rs. 224 crores. The company maintained a strong balance sheet, with a net debt of Rs. 438 crores, resulting in a debt-to-equity ratio of only 0.30x.

Looking ahead, SPL stated that approximately 85% of its ongoing project portfolio is already sold, and the remaining area is expected to be sold in the coming quarters. The company is confident of realizing revenue recognition potential of over Rs. 4,000 crores over the next three years, supported by a pipeline of over 18 msf in new projects awaiting launch.

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Note: 1 msf = million square feet | 1 million = 10 lakhs

SHRIRAMPPS Stock Price Movement​

Shares of Shriram Properties Limited are surging higher, reaching ₹90.99 as of 3:17 PM, fueled by an 8.15% jump in live trading. The stock finds support within the day's range of ₹85.25 to ₹96, amidst 6.51 million shares traded.