Shriram Properties posts ₹101 cr profit, sets ₹3,300-3,500 cr sales target for FY27
Record annual revenue of ₹1,357 crore and first-ever profit above ₹100 crore in FY26. Management guided for ₹3,300-3,500 crore in sales next year.
— 3 earlier stories on Shriram Properties Ltd. →What's new
- FY26 revenue hit a record ₹1,357 crore, up 39% year-on-year, with net profit crossing ₹100 crore for the first time.
- FY27 guidance: ₹3,300-3,500 crore in sales value, ₹2,100-2,200 crore in collections, and 3,750-3,800 unit handovers.
- The company reaffirmed its long-term aspiration of ₹5,000 crore in sales and ₹250 crore in profit before tax by FY28.
Why this matters
Shriram Properties has scaled from a sub-₹50 crore profit to crossing the ₹100 crore mark in two years. The FY27 sales guidance of ₹3,300-3,500 crore signals a continued push to expand its project pipeline and execution capacity.
What we're watching
- Whether the company can deliver the guided ₹2,100-2,200 crore in collections, a key cash-flow metric.
- The pace of handovers to hit the 3,750-3,800 unit target, which drives revenue recognition.
- Any shifts in pre-sales momentum in key Bangalore and Kolkata markets.
The full read
Shriram Properties crossed the ₹100 crore profit mark for the first time in FY26, with net profit hitting ₹101 crore on record revenue of ₹1,357 crore, a 39% jump from the prior year. The company is now targeting a significant step-up, guiding for ₹3,300-3,500 crore in sales value for FY27 and 3,750-3,800 unit handovers. Management also reaffirmed its long-term goals of ₹5,000 crore in sales and ₹250 crore in profit before tax by FY28. The transcript itself is backward-looking documentation of results already in the market, but the new guidance provides the next set of targets for the residential developer.
Questions answered
- How did Shriram Properties perform in FY26?
- The company posted record revenue of ₹1,357 crore, a 39% year-on-year increase, and a net profit of ₹101 crore, which is the first time it crossed the ₹100 crore profit threshold.
- What is the sales guidance for FY27?
- Management guided for sales value between ₹3,300 crore and ₹3,500 crore in FY27, with collections targeted at ₹2,100-2,200 crore.
- How many units does the company plan to hand over next year?
- Shriram Properties plans to hand over 3,750 to 3,800 units in FY27, which is a key operational target for its residential projects.
- What are the company's longer-term financial goals?
- The company reiterated its aspiration to achieve ₹5,000 crore in sales and ₹250 crore in profit before tax by FY28, referred to as its Mission 1-2-3-4 targets.
- What does the earnings call transcript add beyond the results?
- The transcript provides detailed management commentary and the specific FY27 guidance numbers, but the core financial results were already disclosed in the earlier board meeting outcome.
Shriram Properties Ltd.
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All notes on SHRIRAMPPS →- 30 May 2026 · 6:21 PM IST Shriram Properties posts ₹101 cr profit, sets ₹3,300-3,500 cr sales target for FY27
- 4d ago Shriram Properties' ₹600 cr JDA is 44% of its FY26 revenue
- 25d ago Shriram Properties downgrades its long-term profit goal
- 25d ago Shriram Properties posts first ₹1 bn profit year as revenue jumps 39%