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Shriram Properties reported a steady Q1FY27

ICICIdirect Research 13 Aug 2026 DISCLAIMER

News: Shriram Properties reported a steady Q1FY27, pre-sales up 10% YoY to ₹ 484 crore (0.85 msf), supported by project launches in Chennai and Kolkata. Collections increased 8% YoY to ₹ 365 crore. Revenue grew 4% YoY to ₹271 crore, with EBITDA at ₹42 crore (Flat YoY) and PAT at ₹11 crore vs ₹21 crore Q1FY27 impacted by higher finance costs. Operating cash flow came in at ₹54 crore. The net debt position was ₹432 crore with 0.3x net debt/equity. The company secured a project worth ₹ 650 crore and has 7+ msf of additional development potential under advanced closure.  

View: Shriram Properties reported a steady Q1FY27, pre-sales up 10% YoY to ₹ 484 crore (0.85 msf), supported by project launches in Chennai and Kolkata. Collections increased 8% YoY to ₹ 365 crore. Revenue grew 4% YoY to ₹271 crore, with EBITDA at ₹42 crore (Flat YoY) and PAT at ₹11 crore vs ₹21 crore Q1FY27 impacted by higher finance costs. Operating cash flow came in at ₹54 crore. The net debt position was ₹432 crore with 0.3x net debt/equity. The company secured a project worth ₹ 650 crore and has 7+ msf of additional development potential under advanced closure.  

Impact: Neutral

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