Outcome of the Board Meeting held on 28.05.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shraddha Prime Projects Ltd reported strong financial performance for FY2026 with standalone revenue growing 219% to Rs 32,931 lakhs from Rs 10,322 lakhs in FY2025. Profit after tax more than doubled to Rs 5,386 lakhs from Rs 2,464 lakhs, while EPS improved to Rs 22.69 from Rs 10.38. Consolidated revenue reached Rs 50,835 lakhs with PAT of Rs 5,339 lakhs. The company expanded through three new partnership firms (95% stake in Shraddha Vastu Developers and Shraddha Harmony, 51% in Shraddha SaiInfra). Auditors issued an unmodified clean opinion. The company also issued NCDs worth Rs 58 crore at 20.04% coupon rate and increased authorised share capital.
Strong revenue and profit growth demonstrates successful execution in real estate development. However, significantly increased leverage (debt equity ratio jumped from 0.04 to 5.45) and negative operating cash flows raise concerns about financial sustainability despite the positive bottom-line performance.