Shriram Properties Ltd Q4 FY26 Results

Summary

Shriram Properties Limited ("SPL") delivered a resilient performance in FY26, driven by strong Q4 momentum, achieving all-time high revenues of ₹1,356.9 crores, a 39% year-on-year increase. The company's Net Profit surpassed the ₹1-Billion mark for the first time, reaching ₹100.8 crores, up 30% year-on-year. This strong financial outcome was supported by record handovers of 3,465 homes/plots and customer collections reaching a new high of ₹1,661 crores. SPL also noted stable gross margins at 29% and a low debt-equity ratio of 0.30x, positioning it well for future growth and project acquisitions. Management anticipates stronger sales momentum in FY27 due to progressing approvals and well-distributed launches.

Key Highlights

1. 1

   Shriram Properties Limited ("SPL") achieved record revenues of ₹1,356.9 crores in FY26, marking a significant 39% year-on-year increase.

2. 2

   Net Profit for FY26 surpassed the ₹1-Billion mark for the first time, reaching ₹100.8 crores, a 30% year-on-year growth.

3. 3

   The company delivered its highest-ever 3,465 homes/plots in FY26, including over 1,300 units handed over in Q4FY26, significantly aiding revenue recognition.

4. 4

   Total Revenues for Q4FY26 experienced a substantial 55% year-on-year surge to ₹662.7 crores, with Net Profit increasing by 65% year-on-year to ₹78.5 crores.

5. 5

   Customer collections reached an all-time high of ₹1,661 crores in FY26, reflecting a robust 12% year-on-year growth.

6. 6

   SPL strengthened its project pipeline by adding 7 new projects in FY26 with an aggregate development potential of ~3.5 msf and a Gross Development Value (GDV) of ~₹3,500 crores.

7. 7

   The company maintained a healthy financial position with net debt at ₹438 crores and a low debt-equity ratio of 0.30x, providing headroom for future growth.