Shriram Properties Limited has informed the Exchange regarding a press release dated August 12, 2025, titled "SPL delivers robust Q1 FY26 performance, Poised for accelerated growth".
SHRIRAMPPS · price
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Awaiting price reaction for this filing.
Shriram Properties reported strong Q1 FY26 results with sales volume up 17% YoY at 0.82 million square feet, valued at Rs. 441 crores. Net profit grew 18% YoY to Rs. 21 crores, marking the highest ever first-quarter earnings since listing, driven by healthy gross margins of 34% (up from 31% in Q1 FY25). Total revenue rose 24% YoY to Rs. 261.5 crores, though EBITDA declined 18% YoY to Rs. 46.5 crores and profit before tax fell 20% YoY. The company successfully entered the Pune market with its 'Superstar' project and launched 'The One' in Bengaluru, with 80% of ongoing projects already sold. Collections rose 5% YoY to Rs. 338 crores, net debt remained comfortable at Rs. 380 crores with a 0.28x debt-equity ratio, and the credit rating held at A(-)/Positive from CRISIL.
Positive momentum from strong sales, new market entry, and record Q1 net profit should support investor sentiment, though the YoY decline in EBITDA and PBT amid rising handover-linked revenues may temper near-term enthusiasm.