Realty company Shriram Properties announced Q1FY26 results Revenue from operations stood at Rs 242 crore (+57% YoY). Total revenues were higher by 24% YoY at Rs 262 crore, reflecting continued strong handover trends. Gross margins remained healthy at 34%, compared to 31% in Q1FY25. Accordingly, gross profit for the quarter grew by 70% YoY to Rs 82 crore. Reported EBITDA was at Rs 47 crore, reflecting EBITDA margins of 18% in Q1FY26. Net debt stood at Rs 380 crore and Net Debt-Equity remained healthy at 0.28x. Reported Net Profit of Rs 21 crore in Q1FY26, the highest ever first quarter earnings since listing. Overall finance cost declined 16% YoY to Rs 22 crore in Q1. Interest expenses were lower at Rs 21 crore (-10% YoY), reflecting lower gross debt. Non-cash finance charges were significantly lower, thus impacting overall finance costs positively during this period. Murali M, CMD, Shriram Properties said: “Q1 results reaffirm the strength of our operating platform, which has again delivered robust performance. Our Pune entry has been successful, and we are committed to growing our presence even further. We remain focused on pipeline additions for sustaining growth momentum. While doing so, we will accelerate execution to unlock cash flows from ongoing projects for superior value creation”. Result PDF
Realty company Shriram Properties announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Total Revenues have more than doubled sequentially to Rs 427.5 crore, EBTIDA has more than doubled to Rs 89.2 crore in Q4FY25 Net profit for the quarter stood at Rs 47.7 crore, up 137% YoY & up 267% QoQ in Q4FY25 On a quarterly basis, the Company reported sales volumes of 1.3 msf (+5% QoQ), valued at Rs 673 crore, in Q4FY25 FY25 Financial Highlights: Total Operating Income at Rs 949.2 crore and Total Revenues stood nearly flat at Rs 973.4 crore in FY25. The cost of revenue remained nearly flat and thus delivered healthy gross margins of 30%. EBITDA margins stable at 21% and EBITDA nearly flat at Rs 203 crore in FY25. Overall finance cost is down 11% YoY to Rs 104.6 crore in FY25. Interest expenses were lower at Rs 90.4 crore (-16% YoY). Net debt reduced by 26% to Rs 326 crore, thus resulting in debt-equity of only 0.24x, compared to 0.35x last year, which is amongst lowest in the industry. The Company has reported highest ever Net profit since listing of Rs 77.3 crore in FY25. The Company has generated Cashflows from Operations (CFO) of Rs 305 crore and Free Cash Flow (FCF) before new project investments of Rs 273 crore in FY25, compared to Rs 156 crore in FY24. Commenting on the performance, Murali M, CMD of Shriram Properties said: “Our results reflect the strength of our operating platform that has once again demonstrated resilience and overcome external-led challenges to deliver satisfactory operational and financial performance during FY25. We are entering FY26 with strong momentum and a clear strategic focus. Resilient demand for housing, especially in the mid & mid-premium segments, presents a significant opportunity. At SPL, we are well-positioned to capitalize on this. Our focus will remain on faster execution to unlock cashflows from ongoing projects while we build stronger project pipeline for sustainable growth. We are committed to delivering long-term value for all stakeholders”. Result PDF
Realty company Shriram Properties announced Q3FY25 results Financial Highlights: Total Revenues for Q3FY25 stood at Rs 179.9 crore, declining 25% YoY from Rs 240.6 crore. EBITDA increased 14% YoY to Rs 43.9 crore compared to Rs 38.6 crore. Profit before share of JV Income grew 67% YoY, reaching Rs 14.7 crore from Rs 8.8 crore. Profit Before Tax (PBT) rose 4% YoY to Rs 14.3 crore, compared to Rs 13.8 crore. Net Profit declined 30% YoY to Rs 13.0 crore from Rs 18.5 crore. Business Highlights: Satisfactory financial performance despite deferred revenue recognition in 2 key projects due to delayed receipt of regulatory clearances (OC/CC). SPL reported total revenues of Rs 179.9 crore in Q3, driven by handovers in recently completed projects. Revenue growth would have been strong but for deferment two project handover/revenue recognition to Q4. Despite constrained revenue base, overall profitability remained stable – with gross margins at around 31%, EBIDTA margins of 24%, PBT margins of 8% and PAT margins of 7%. Net debt dropped to Rs 401.0 crore at the end of Q3, and net debt-equity ratio stood low at 0.31:1, which is amongst the lowest in the industry Cashflows remained strong during the quarter. Cash from operations positive at Rs. 59 crore and the Company made new project investments of Rs 42 crore during Q3FY25. Murali M, CMD, Shriram Properties said: “Our quarterly performance is masked by certain short term challenges, but underlying trends are encouraging. We are firmly back on track with new launches and handovers. Our strategic initiatives, backed by a solid project pipeline and an exceptional execution platform, will enable us to sustain growth and fulfill our commitments. With an unwavering focus on timely delivery and quality, we are wellpositioned to drive profitable growth in the years ahead.” Result PDF