| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 186.13 | 44.3% | 286.6% |
| Total Income | 192.77 | 49.5% | 288.6% |
| Expenditure | 162.89 | 49.8% | 304.5% |
| PBT | 29.88 | 48.2% | 220.2% |
| Net Profit | 23.12 | 77.1% | 242.8% |
| OPM | 12.55% | 3.08pp | 4.48pp |
| NPM | 11.99% | 1.86pp | 1.61pp |
| EPS | 5.74 | 73.9% | 98.6% |
Shraddha Prime Projects: FY26 Revenue ₹508.4 Cr, Up 226.74% YoY
29 May 2026 · 29 May, 2:28 pm
Summary
Shraddha Prime Projects Ltd announced a strong financial performance for the fourth quarter and full fiscal year ended March 31, 2026. For FY26, the company recorded its highest revenue from operations in three years, reaching ₹508.4 crore, which is a remarkable 226.74% year-over-year increase. Profit After Tax (PAT) for the fiscal year also hit a three-year high at ₹53.39 crore, signifying over 8x growth compared to FY24. This significant operational scale-up was driven by disciplined project execution, growing collections, and an expanding development pipeline, leading to a six-fold increase in the GDV of running projects to ₹2,500 crore. Management is optimistic about the future, with a projected GDV pipeline of approximately ₹5,000 crore for FY2026-27, as they continue to strengthen their presence in Mumbai’s redevelopment market.
Key Highlights
- 1
Shraddha Prime Projects Ltd reported a significant increase in Q4 FY26 revenue from operations, which surged by 286.99% year-over-year to ₹186.3 crore.
- 2
For the full fiscal year 2026, the company achieved its highest revenue from operations in the last three years at ₹508.4 crore, marking a robust 226.74% year-over-year growth and over 6x growth compared to FY24.
- 3
Profit After Tax (PAT) for FY26 also reached a three-year peak of ₹53.39 crore, demonstrating more than 8x growth from ₹6.5 crore in FY24.
- 4
The company maintained strong profitability with an EBITDA margin of 12.63% for Q4 FY26 and 13.04% for the full FY26.
- 5
The estimated Gross Development Value (GDV) of running projects expanded six-fold to approximately ₹2,500 crore in FY2025-26, compared to ₹400 crore in FY2023-24.
- 6
During FY2025-26, Shraddha Prime Projects received Commencement Certificates for two key projects, 'Pratham by Shraddha' and 'Shraddha Paradise Enclave'.
- 7
The company projects a substantial GDV pipeline of approximately ₹5,000 crore for FY2026-27, reinforcing its growth trajectory in the Mumbai redevelopment market.
Management Comments
Sudhir Mehta
FY26 has been an important year for Shraddha Prime Projects Limited as we continued to strengthen our operational capabilities, expand our project pipeline, and achieve key development milestones. The receipt of Commencement Certificates for two important projects, during the recent months further reinforces our ability to continuously add new developments and scale our execution capabilities. Mumbai’s redevelopment market continues to offer substantial long-term opportunities driven by urban transformation, infrastructure growth, and sustained housing demand. The Company is evolving into more premium housing segment and expanding its footprint beyond the Central Mumbai suburbs towards Western micro-markets in MMR. We remain focused on expanding our portfolio, strengthening our presence across Mumbai’s redevelopment market, and consistently delivering quality developments backed by strong execution, operational excellence, and sustainable growth.
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