Shriram Properties Ltd

Shriram Properties has signed a Joint Development Agreement (JDA) for 9.1 acres of land parcel at Doddagubbi, North-East Bengaluru. The company plans to develop an exclusive, scenic lake-facing, thoughtfully designed apartment complex with a development potential of approx. 6.7 lakh sqft. and an estimated GDV potential of over Rs 600 crore. The project is expected to be launched during the current financial year. Strategically located in the fast-developing North-East Bengaluru corridor, the location offers excellent connectivity to key parts of Bengaluru through Thanisandra Main Road, Hennur Road, Outer Ring Road, and the airport connectivity corridor, enabling seamless access to major IT hubs, commercial centres, educational institutions, healthcare facilities, retail destinations, and entertainment zones.

The company plans to develop a premium lake-facing residential project with a development potential of approximately 6.7 lakh sq. ft. and an estimated gross development value (GDV) of over Rs 600 crore. The project is expected to be launched during the current financial year. The project is strategically located in the fast-developing North-East Bengaluru corridor and offers connectivity through Thanisandra Main Road, Hennur Road, Outer Ring Road and the airport connectivity corridor. Shriram Properties said the development will focus on thoughtfully designed homes, green spaces, natural ventilation and modern lifestyle amenities. The project enjoys a lake-facing setting and is expected to strengthen the company's development pipeline in Bengaluru. The company said the transaction aligns with its asset-light growth strategy and expansion plans in high-potential micro-markets. Akshay Murali, vice president - business development, Shriram Properties, said, 'North-East Bengaluru continues to emerge as one of the city's most promising residential growth corridors, supported by robust infrastructure upgrades, improving connectivity, and sustained end-user demand. The micro-market presents strong long-term potential owing to its strategic location and evolving social infrastructure. In this development, we aim to create a differentiated residential community that prioritizes space, comfort, and quality living while aligning with the aspirations of today's homebuyers.' Shriram Properties (SPL) is one of India's leading residential real estate developers, focused on the mid-market and mid-premium segments. SPL's key markets include Bangalore, Chennai and Kolkata. The company's consolidated net profit jumped 64.4% to Rs 78.53 crore in Q4 FY26 compared with Rs 47.78 crore in Q4 FY25. Net sales increased 57.2% YoY to Rs 640.88 crore in Q4 FY26.Powered by Capital Market - Live

Net profit of Shriram Properties rose 64.36% to Rs 78.53 crore in the quarter ended March 2026 as against Rs 47.78 crore during the previous quarter ended March 2025. Sales rose 57.18% to Rs 640.88 crore in the quarter ended March 2026 as against Rs 407.73 crore during the previous quarter ended March 2025. For the full year,net profit rose 30.58% to Rs 100.81 crore in the year ended March 2026 as against Rs 77.20 crore during the previous year ended March 2025. Sales rose 53.92% to Rs 1267.41 crore in the year ended March 2026 as against Rs 823.44 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales640.88407.73 57 1267.41823.44 54 OPM %10.8511.97 -6.693.57 - PBDT72.4564.93 12 88.0898.25 -10 PBT69.8562.58 12 78.0387.90 -11 NP78.5347.78 64 100.8177.20 31 Powered by Capital Market - Live

Shriram Properties will hold a meeting of the Board of Directors of the Company on 25 May 2026.

Shriram Properties has acquired a strategically well-located land parcel of ~4 acres on Sarjapur Main Road, South-East Bengaluru, through an outright purchase transaction. The Company plans to develop a premium high-rise residential project on the site, further strengthening its presence in one of Bengaluru's fastest-growing residential corridors. The proposed development will comprise approximately 5 lakh sq. ft. of saleable area, with an estimated Gross Development Value (GDV) of Rs 550-600 crore. The project is expected to be launched during latter part of 2026.Powered by Capital Market - Live

Shriram Properties will hold a meeting of the Board of Directors of the Company on 14 February 2026.Powered by Capital Market - Live

Net profit of Shriram Properties reported to Rs 8.57 crore in the quarter ended September 2025 as against net loss of Rs 0.99 crore during the previous quarter ended September 2024. Sales rose 46.07% to Rs 205.31 crore in the quarter ended September 2025 as against Rs 140.56 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales205.31140.56 46 OPM %-2.45-0.91 - PBDT1.37-13.48 LP PBT-1.11-16.18 93 NP8.57-0.99 LP Powered by Capital Market - Live

Shriram Properties has signed a Joint Development Agreement (JDA) for ~5 acres of land parcel in Bannerghatta Road, South Bengaluru. The Company plans to develop an exclusive villament community with an estimated GDV potential of over Rs 350 crore. Strategically located in one of Bengaluru's most sought-after residential corridors, this project will offer a refined living experience that blends elegant architecture, expansive green landscapes, and thoughtfully curated modern amenities. Each villament will be designed to provide abundant natural light and ventilation, while maintaining a strong connection to its landscape surroundings - reflecting SPL's commitment to creating sustainable and contemporary urban homes. The location offers exceptional connectivity, a thriving social infrastructure, and a balance of urban convenience with natural tranquility, making it one of Bengaluru's most preferred residential destinations. The project is expected to be launched during FY26 and will further strengthen SPL's expanding mid premium housing portfolio in Bengaluru. This project underscores SPL's asset-light growth strategy and its focus on value-accretive partnerships in high-demand locations, aligned with the company's broader vision of delivering quality, community centric, and environmentally conscious living spaces that resonate with evolving urban lifestyles. Powered by Capital Market - Live

Shriram Properties will hold a meeting of the Board of Directors of the Company on 12 November 2025.Powered by Capital Market - Live

Shriram Properties has signed a Joint Development Agreement ('JDA') for development of a ~0.7 million square feet ('msf') premium residential project in the highly sought-after micro markets of Hinjewadi, Pune. This marks SPL's second project in the Pune, underscoring its strategic intent to deepen its presence and establish a strong foothold in one of India's most vibrant real estate hubs. The Company forayed into the Pune markets with its maiden project at Undri in May'25 that met with encouraging response by selling over 55% of available inventories within six months of launch already. The Company is now embarking on the second project in Hinjewadi, Pune in the form of a high-rise mixed use development that redefines urban living and lifestyle experiences, The project comprises 6.5 lakh sqft of premium apartments complemented by thoughtfully designed retail and commercial spaces, aggregating to a total saleable area of over 7 lakh sqft. The project has GDV potential of  Rs 700 crore. Powered by Capital Market - Live