Shriram Properties posts first ₹1 bn profit year as revenue jumps 39%
The Bengaluru developer delivered a record 3,465 homes and ended the year with a debt-equity ratio of just 0.30x.
— 3 earlier stories on Shriram Properties Ltd. →What's new
- FY26 revenue of ₹1,357 cr is a 39% jump and the company's highest ever.
- Net profit of ₹101 cr is the first time the company has crossed ₹1 billion.
- A record 3,465 homes were handed over, including over 1,300 in Q4 alone.
Why this matters
Shriram Properties has moved from growth to scale. Crossing ₹1 billion in annual profit and delivering a record number of homes confirms the operational build-out. The low 0.30x debt-equity ratio leaves it with ample firepower for the next cycle.
What we're watching
- Whether the company can sustain this 39% revenue growth pace in FY27.
- How much of the record 3,465 units handed over converts to new launches.
- The sustainability of the low debt-equity ratio as the business scales.
The full read
Shriram Properties posted its best year yet. Revenue hit ₹1,357 crore, up 39% year-on-year, and net profit of ₹101 crore was the first time the company crossed the ₹1 billion mark. The Bengaluru-based developer handed over a record 3,465 homes, including over 1,300 in the final quarter. Customer collections also grew, rising 12% to ₹1,661 crore. On the balance sheet, net debt is just ₹438 crore, giving the company a debt-equity ratio of 0.30x. The numbers confirm a business that has moved from growth to scale, with a clean balance sheet to fund the next leg.
Questions answered
- How much revenue did Shriram Properties report for FY26?
- The company reported its highest-ever annual revenue of ₹1,357 crore for the year ended March 2026, representing a 39% increase year-on-year.
- What does crossing the ₹1 billion mark in profit signify?
- Shriram Properties reported net profit of ₹101 crore for FY26, its first-ever annual profit above ₹1 billion. This represents a 30% increase from the prior year.
- How many homes were delivered, and what was the collection figure?
- The developer handed over a record 3,465 homes during FY26, with over 1,300 in the fourth quarter. Customer collections for the year rose 12% to ₹1,661 crore.
- What is the company's current debt position?
- Net debt stood at ₹438 crore, translating to a debt-equity ratio of just 0.30x, providing a low-leverage balance sheet.
Shriram Properties Ltd.
Latest quarter · Mar 2026
Strength & growth
Story so far
All notes on SHRIRAMPPS →- 25 May 2026 · 3:04 PM IST Shriram Properties posts first ₹1 bn profit year as revenue jumps 39%
- 4d ago Shriram Properties' ₹600 cr JDA is 44% of its FY26 revenue
- 20d ago Shriram Properties posts ₹101 cr profit, sets ₹3,300-3,500 cr sales target for FY27
- 25d ago Shriram Properties downgrades its long-term profit goal