Shriram Properties Ltd

Shriram Properties has announced the launch of its latest mid-premium residential project under the 'Codename: The One', a feature-rich gated community in the heart of the thriving Electronic City corridor in Bengaluru. Positioned as a symbol of future-ready living, 'Codename: The One' blends contemporary architecture with thoughtfully curated amenities, offering 340 spacious 2 & 3 bed residences, with aggregate saleable area of approximately 5 lakh square feet and a revenue potential of over Rs 350 crore. It is expected to be developed over the next 3+ years. Strategically located near Bommasandra Metro and Narayana Hrudayalaya, the Project is surrounded by 500+ IT firms and close to major tech hubs like Wipro, Infosys, and HP. With seamless access to key Bengaluru-Chennai Expressway and the proposed Hosur Airport, it offers an unmatched connectivity. Powered by Capital Market - Live

The project hosts 340 units of 2 & 3 bed residences, with aggregate saleable area of approximately 5 lakh square feet and a revenue potential of over Rs 350 crore. It is expected to be developed over the next three-plus years. Strategically located near Bommasandra Metro and Narayana Hrudayalaya, the project is surrounded by more than 500 IT firms and close to major tech hubs. With seamless access to key Bengaluru-Chennai Expressway and the proposed Hosur Airport, it offers an unmatched connectivity. Vivek Venkateswar, director - SMP, Shriram Properties, said: 'Codename: The One represents our continued commitment to building future-ready communities that combine smart design with strategic location. This project reflects our belief that modern urban living does not have to be overwhelming and can be intentional, well-connected, and designed for real lives. Backed by product quality, we believe, this project will significantly uplift the micro-market and accelerate its transformation into a vibrant mid-premium residential hub.' Shriram Properties (SPL) is one of India's leading residential real estate developer, focused on the mid-market and mid-premium segments. SPL's key markets include Bangalore, Chennai and Kolkata. The company's consolidated net profit soared 137% to Rs 47.78 crore on 34.9% jump in revenue from operations to Rs 407.73 crore in Q4 FY25 over Q4 FY24. The scrip fell 1.84% to currently trade at Rs 96.20 on the BSE. Powered by Capital Market - Live

Net profit of Shriram Properties rose 136.30% to Rs 47.78 crore in the quarter ended March 2025 as against Rs 20.22 crore during the previous quarter ended March 2024. Sales rose 34.90% to Rs 407.73 crore in the quarter ended March 2025 as against Rs 302.24 crore during the previous quarter ended March 2024. For the full year,net profit rose 2.29% to Rs 77.20 crore in the year ended March 2025 as against Rs 75.47 crore during the previous year ended March 2024. Sales declined 4.75% to Rs 823.44 crore in the year ended March 2025 as against Rs 864.53 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales407.73302.24 35 823.44864.53 -5 OPM %11.97-3.36 -3.579.30 - PBDT64.9314.90 336 98.2585.46 15 PBT62.5812.38 405 87.9076.38 15 NP47.7820.22 136 77.2075.47 2 Powered by Capital Market - Live

Profit before tax (PBT) surged 405.49% YoY to Rs 62.58 core in Q4 FY25. EBITDA stood at Rs 68.6 crore in Q4 FY25, registering the growth of 4% compared with Rs 65.7 crore in Q4 FY24. On full year basis, the company's consolidated net profit rose 2.29% to Rs 77.20 crore despite a 4.75% decline in revenue from operations to Rs 823.44 crore in FY25 over FY24. The company generated cash flows from operations (CFO) of Rs 305 crore in FY25, up 10.11% from Rs 277 crore in FY24. Free Cash Flow (FCF) before new project investments stood at Rs 273 crore in FY25, up 75% compared to Rs 156 crore in FY24. Overall finance cost fell 11% YoY to Rs 104.6 crore in FY25. Interest expenses were lower at Rs 90.4 crore (down 16% YoY), reflecting scheduled loan repayments and reduced borrowing costs. Non-cash finance costs were lower by 23% YoY in FY25. 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 stated in exchange filing. The company stated that its outlook for the next 3 years appears strong and encouraging. It is preparing to launch a series of ambitious projects, supported by healthy project pipeline in-hand and aggressive addition of new projects. With nearly 85% of ongoing projects already sold, focused execution and timely completion are expected to drive stronger revenue recognition momentum in FY26 and beyond. Continued scaling of operations and a firm focus on cost control should help sustain margins and profitability. The company is well on its way toward achieving its medium-term mission, articulated recently. 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.' Shriram Properties (SPL) is one of India's leading residential real estate developer, focused on the mid-market and mid-premium segments. SPL's key markets include Bangalore, Chennai and Kolkata.Powered by Capital Market - Live

Shriram Properties will hold a meeting of the Board of Directors of the Company on 27 May 2025.Powered by Capital Market - Live

The company plans to develop a premium residential complex with row houses / villas on this project land over the next three years. With gross development value (GDV) of Rs 200 - 250 crore, the company is targeting to launch the project during H2-FY26. This strategic acquisition is a significant step in SPL's ongoing growth journey, further strengthening its robust project pipeline and reinforcing its commitment to driving sustained momentum. Gopalakrishnan J, CEO of Shriram Properties said, 'This strategic investment is well aligned with our objective of strengthening the Shriram brand's footprint in North Bengaluru, a region demonstrating sustained and robust growth potential. We are pursuing an ambitious trajectory, focused on building a strong pipeline of projects to accelerate expansion, and the current acquisition serves as a key milestone in this journey. We shall endeavour to position and launch this project as a landmark villa / row-house development during H2-FY26. This project reinforces our dedication towards creating sustainable and vibrant communities and also marks a significant step in our ongoing journey to redefine urban living experiences.' Shriram Properties (SPL) is one of South India's leading residential real estate developer, focused on the mid-market and mid-premium segments. It has a strong development pipeline comprising of 37 projects with an aggregate development potential of 37.1 msf, including 20msf of ongoing projects, as of March 31, 2025. The company's consolidated net profit declined 29.8% to Rs 12.97 crore in Q3 FY25 as compared with Rs 18.48 crore in Q3 FY24. Net sales fell 45.2% YoY to Rs 121.19 crore in Q4 FY25.Powered by Capital Market - Live

Net profit of Shriram Properties declined 29.82% to Rs 12.97 crore in the quarter ended December 2024 as against Rs 18.48 crore during the previous quarter ended December 2023. Sales declined 45.21% to Rs 121.19 crore in the quarter ended December 2024 as against Rs 221.21 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales121.19221.21 -45 OPM %-12.588.71 - PBDT16.8116.01 5 PBT14.1613.82 2 NP12.9718.48 -30 Powered by Capital Market - Live

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

The company, through its wholly-owned subsidiary, SPL Shelters owned a 3.9-acre land, currently approved for the development of a retail space. The land parcel is strategically located on the GST road and adjacent to a 4.0 msf1 office complex that is already fully operational and a 2.0 msf residential complex, offering significant potential for retail / other commercial development. The company stated that value unlocking from its non-core land parcel is an integral part of SPL's guided strategy of staying focused on residential development, with greater emphasis on mid and mid-premium segments and use of monetization proceeds for fueling growth in the coming years. Murali M, CMD of SPL said: 'This transaction marks a significant step in the Company's plan to unlock value from existing non-core land parcels and redeploy capital for growth funding needs. We believe this move reinforces our commitment to prudent financial management and allows us to focus on accelerating growth in the residential projects across our portfolio. Shriram Properties is one of South India's leading residential real estate development companies, primarily focused on the mid-market and affordable housing categories. SPL's key markets include Bangalore, Chennai and Kolkata. The company reported consolidated net loss of Rs 0.99 crore in Q2 FY25 as compared with net profit of Rs 20.15 crore posted in corresponding quarter last year. Net sales slipped 31.8% YoY to Rs 140.56 crore during the quarter. Powered by Capital Market - Live

Net loss of Shriram Properties reported to Rs 0.99 crore in the quarter ended September 2024 as against net profit of Rs 20.15 crore during the previous quarter ended September 2023. Sales declined 31.79% to Rs 140.56 crore in the quarter ended September 2024 as against Rs 206.08 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales140.56206.08 -32 OPM %-0.9114.15 - PBDT-13.4828.06 PL PBT-16.1825.81 PL NP-0.9920.15 PL Powered by Capital Market - Live