Shriram Properties targets 49% sales growth in FY27
After hitting record revenue of ₹1,357 crore in FY26, the developer is betting on a 10-project launch pipeline to reach ₹3,500 crore in sales.
— 3 earlier stories on Shriram Properties Ltd. →What's new
- Management targets FY27 sales value of ₹3,300-3,500 crore, a 40-49% jump.
- The company plans 10+ new project launches across Bangalore, Chennai, Kolkata, and Pune.
- Long-term targets set for FY28 include ₹5,000 crore in sales and ₹250 crore in PBT.
Why this matters
For a developer with a market cap of ₹1,283 crore, this guidance is aggressive. The company is effectively betting its entire valuation on a rapid expansion of its project pipeline.
What we're watching
- Whether the 10+ planned project launches stay on schedule.
- The conversion rate of the ₹1,740 crore revenue potential pipeline.
- Margin pressure as the company scales its launch volume.
The full read
Shriram Properties is moving from a record year into an aggressive expansion phase. After closing FY26 with ₹1,357 crore in revenue and ₹101 crore in profit, the company has set a target for ₹3,300-3,500 crore in sales value for FY27. This represents growth of 40-49% over the ₹2,354 crore achieved in FY26. To hit these numbers, the company plans to launch more than 10 new projects across Bangalore, Chennai, Kolkata, and Pune. With a market cap of ₹1,283 crore, the company is essentially attempting to scale its operations at a pace that dwarfs its current size. Management has also laid out a roadmap for FY28, targeting ₹5,000 crore in sales and ₹250 crore in profit before tax. The next test is execution. The company has a completion pipeline with ₹1,740 crore in revenue potential, but the shift to a much larger launch calendar will determine if these targets are realistic.
Questions answered
- What were the key financial results for FY26?
- Shriram Properties posted its highest-ever revenue of ₹1,357 crore, a 39% increase year-on-year. Net profit rose 30% to ₹101 crore.
- What is the basis for the FY27 growth target?
- The growth target of ₹3,300-3,500 crore is supported by a planned launch calendar of over 10 new projects across four cities.
- What are the long-term targets mentioned by management?
- Management is aiming for ₹5,000 crore in sales value and ₹250 crore in profit before tax by FY28.
- How much revenue potential is currently in the completion pipeline?
- The company expects its current completion pipeline to generate ₹1,740 crore in revenue.
Story so far
All notes on SHRIRAMPPS →- 25 May 2026 · 3:01 PM IST Shriram Properties targets 49% sales growth in FY27
- today Shriram Properties crosses ₹100 cr profit, guides for ₹3,300-3,500 cr sales in FY27
- 5d ago Shriram Properties trims long-term profit targets as margins soften
- 5d ago Shriram Properties hits record revenue of ₹1,357 crore