Shriram Properties Ltd. · NSE:SHRIRAMPPS
Shriram Properties — Q4 FY26 Earnings Presentation
35 slides from Shriram Properties's earnings presentation, May 25, 2026
Slide 1: Cover letter to stock exchanges
May 25, 2026 National Stock Exchange of India Limited BSE Limited The Listing Department Dept of Corporate Services Exchange Plaza, 5th Floor Plot C 1 – G Block Phiroze Jeejeebhoy Towers Bandra-Kurla Complex, Bandra (E) Dalal Street, Fort Mumbai 400 051 Mumbai 400 001 Scrip Code: SHRIRAMPPS Scrip Co
Slide 2: Investor Presentation Q4 | FY26 Results
Investor Presentation Q4 | FY26 Results Artist’s impression of Shriram Skybloom Villas, Kolkata May 25, 2026
Slide 3: Disclaimer
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Shriram Properties Limited (the “Company” or “SPL”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secur
Slide 4: Shriram Properties Overview
Shriram Properties Overview Legacy of Proven Delivery Customers at the Unblemished Credit Leadership Excellence Heart Reputation 26+ Years of Trust & 51 Completed Projects 32,000+ Happy Customers Debt Equity of 0.3x Excellence 31+ msf Delivered 23% Referral Volumes CRISIL A- (Positive) Rated Strong
Slide 5: Q4| FY26 Overview
Q4| FY26 Overview 3 Artist’s impression of Shriram Songs of the Earth, Bangalore
Slide 6: FY26: Progressive Recovery and Strong Finish
FY26: Progressive Recovery and Strong Finish Overall FY26 Performance – Resilient Execution, Strong Finish • FY26 reflected a resilient and progressive year despite external headwinds, underscoring the Company’s execution strength. • Landmark entry into the Pune market; Remarkable success in maiden
Slide 7: Q4| FY26 Performance Highlights
Q4| FY26 Performance Highlights 5 Artist’s impression of Shriram Sapphire, Bangalore
Slide 8: KPI Snapshot: Q4| FY26
KPI Snapshot : Q4| FY26 Sales Value Sales Volume Collections Handovers 3% YoY 4% YoY 12% YoY 10% YoY FY26 2,354 4.15 1,661 3,465# ₹ Crores msf ₹ Crores Units 17% QoQ 43% QoQ 20% QoQ 120% QoQ Q4 FY26 663 1.29 511 1,348# ₹ Crores msf ₹ Crores Units • Sequentially strong Q4 on the backdrop of robust op
Slide 9: Financial Performance Snapshot: Q4| FY26
Financial Performance Snapshot : Q4| FY26 Revenues Gross Profit EBIDTA Net Profit 39% YoY 47% YoY 1% YoY 30% YoY FY26 P&L ₹ 1,357Crs. ₹ 365Crs. ₹ 177Crs. ₹ 101Crs. 55% YoY 55% YoY 59% YoY 65% YoY Q4 P&L ₹ 663Crs. ₹ 181Crs. ₹ 109Crs. ₹ 79Crs. • Recouped substantial deferred revenues from previous qua
Slide 10: Cashflow Performance Snapshot: Q4| FY26
Cashflow Performance Snapshot : Q4| FY26 FY26 Cashflow Summary Snapshot ₹ 1,049Crs. ₹ 271Crs. ₹ 224Crs. ₹ 372Crs. Inflows Cashflow from Operations Free Cashflows before Inv. New Project Investments Q4 FY26 Cashflow Summary Snapshot ₹ 262Crs. ₹ 78Crs. ₹ 81Crs. ₹ 126Crs. Inflows Cashflow from Operatio
Slide 11: Performance Highlights: Q4| FY26
Performance Highlights: Q4| FY26 Operational Highlights Financial Highlights BD Highlights • Strong traction in recent launches, but • Total Revenues up 40% YoY to a new high of • Accelerated BD efforts delivered strong delayed launches moderated sales growth Rs.1,357 Crs. pipeline additions in line
Slide 12: Project Pipeline & Business Development Overview
Project Pipeline & Business Development Overview Project Pipeline (msf) BD Pipeline likely addition in next 3-6 months Upcoming – 18.6 msf 35.3 Ongoing – 16.7 msf Project Area GDV Additon 18.6 16.7 9.3 7.6 5.2 5.5 2.3 2.8 7.3+ 6,000+ 1.6 1.0 msf Rs. Crores Own JDA JV DM Ongoing Own JDA JV DM Upcomin
Slide 13: FY26 Launches – Exceptional performance, but limited launches
FY26 Launches – Exceptional performance, but limited launches New Project Launches – FY26 Launch Area Project details Region Product Area (msf) (msf) Spectrum Pune Apt 0.89 0.89 Songs of the Earth Bangalore Apt 0.50 0.50 Skybloom Villas Kolkata Villas 0.33 0.33 Signature Square Kolkata Comm 0.17 0.1
Slide 14: Successful Recent Launches – Reinforce Market Penetration Potential
Successful Recent Launches – Reinforce Market Penetration Potential 33%+ Market Share of Sales in Undri for FY26 300+ Units Sold in launch year Songs of The Earth (B’lore) Skybloom Villas (Kolkata) Spectrum (Pune) Signature Square (Kolkata) ✓ 85%+ of Project sold in ✓ 50%+ of Project sold in ✓ 30%+
Slide 15: FY26 Completions – Focussed Execution, Record Handovers
FY26 Completions – Focussed Execution, Record Handovers Projects completion and successful handovers were key to record Q4 Project Handover SPL Area Sold Area SPL Project Name Region Product Area till March (msf)* (msf) * Units (msf) * 2026 Q2 Launches Outlook Mystique Bangalore Apts 0.20 0.15 0.15
Slide 16: Honors & Accolades: Q4|FY26
Honors & Accolades: Q4|FY26 Sustainability Initiative of the Year 2026 – Exemplary Contribution to Real Estate - Shriram Properties Themed Project of the Year – Shriram Properties Times Real Estate Awards 2026 Codename Forest View, Kolkata Net Zero Summit & Awards 2026 18th Realty+ Excellence Awards
Slide 17: Financial Highlights: Q4 |FY26
Financial Highlights : Q4 |FY26 Artist’s impression of Shriram Esquire, Bangalore 15
Slide 18: Financial Highlights: Profit & Loss – Q4 |FY26
Financial Highlights: Profit & Loss – Q4 |FY26 Particulars (Rs. In Crs) Q4 FY26 Q4 FY25 YoY Q3 FY26 FY26 FY25 YoY Record High Revenues Income from Operations 640.9 407.7 57% 178.9 1,267.4 823.4 54% Other Operating Revenues 15.0 11.6 17.0 59.6 125.9* Rs. 1,357 Crs. +39% YoY Total Operating Revenues 6
Slide 19: Financial Highlights: Profit & Loss – Q4|FY26 (continued)
Financial Highlights: Profit & Loss – Q4|FY26 (continued) FY26 o Strong fiscal close with sharp rebound in handovers and revenue recognition during Q4. o Record-high revenues and earnings - Net Profit crossed Rs. 1 bn mark; PBT grew 25% despite flat EBITDA. o Gross & Net Margins sustained. EBITDA ma
Slide 20: Financial Highlights: Balance Sheet - March 2026
Financial Highlights: Balance Sheet - March 2026 Assets (Rs. Crs) As at As at Equity & Liabilities (Rs. Crs) As at As at 31 March 2026 31 March 2025 31 March 2026 31 March 2025 ➢ Non Current Assets ➢ Equity 1,460 1,356 Fixed Assets 128 82 ➢ Non Current Liabilities Financial Assets 73 50 Borrowings 1
Slide 21: Consolidated Cash Flows: Q4 | FY26
Consolidated Cash Flows: Q4 | FY26 (Excl. DM & JV cashflows) Particulars (Rs. In Crs) Q4 FY26 9M FY26 FY26 FY25 Collection Trends (Rs. In Crs) SPL Own & JDA / JVs / DM Operating Inflows 262 787 1,049 983 1,661 Construction (92) (342) (434) (422) 196 1,484 Marketing & Admin Overheads (66) (182) (248)
Slide 22: Debt Profile: Healthy Gearing with Competitive Cost
Debt Profile: Healthy Gearing with Competitive Cost Debt Profile & Cost of Debt Trends - Consolidated ✓ Comfortable debt position with Net Debt of 438 Crs. Particulars (Rs. in Crs.) Mar’26 Mar’25 Mar’24 Mar’23 ✓ Debt-Equity remains healthy at 0.3x. Gross External Debt1 610 646 631 553 ✓ Cost of debt
Slide 23: FY27 Guidance & Outlook
FY27 Guidance & Outlook Artist’s impression of Shriram Spectrum, Pune 21
Slide 24: Navigating Global Headwinds with Structural Strength
Navigating Global Headwinds with Structural Strength Global Headwinds Branded Player Dominance across cities • Geopolitical tensions and supply chain disruptions driving commodity and logistics volatility 32% • Elevated global interest rates impacting liquidity and capital flows 48% 55% 42% 59% 63%
Slide 25: FY27 Outlook: Guidance
FY27 Outlook: Guidance Sales Volume Sales Value Collections Handovers 5.0-5.5 msf 3,300-3,500 2,100-2,200 3,750-3,800 ₹ Crores ₹ Crores Units 20%-33% YoY 40% - 49% YoY 26% - 32% YoY 8% - 10% YoY Completion Project Delivery Pipeline addition GDV Addition 7-8 Projects 4.0-4.5 msf 7-8 msf 5,000-6,000 ₹
Slide 26: FY27: Key Risks & Mitigants
FY27: Key Risks & Mitigants Macro-Economic Risk RE Sector Slowdown Execution Risk ➢ Geopolitical tensions (Iran ➢ Substantial delays in receipt of ➢ IT/white-collar layoffs impacting conflict) driving oil price volatility, approvals for launches and Sales buyer sentiment (especially in inflation & c
Slide 27: FY27: Sales KPI Breakdown
FY27: Sales KPI Breakdown Low unsold inventory in ongoing projects ~5.5 msf 29% 25% 26% 20% ✓ Opening Inventory of ~2.6 msf (20% of ongoing Sales area Portfolio) – Big Positive Strategically and a Key focus Bangalore Chennai Kolkata Pune area for FY27 FY27 launch pipeline from deals already closed ~
Slide 28: FY27 Launch Calendar: 10+ New launch Potential
FY27 Launch Calendar : 10+ New launch Potential New Project Launches – FY27 Launch Area Launch Project details Region Product Area (msf) Project Status (msf) Quarter Southbrook Kolkata Plots 0.42 0.42 Q1 RERA received, Launched Stellar Chennai Apartment 0.26 0.26 Q1 RERA awaited, Prelaunch commenced
Slide 29: FY27 Completion: Project Completion & Revenue Recognition Potential
FY27 Completion: Project Completion & Revenue Recognition Potential Key FY27 Projects Completion & Revenue Recognition Potential Revenues Handover Likely Project details Region Product Area (msf) Potential * Potential * Project Status Completion (Rs. Crs) (No. of units) Grand One (F&G) Kolkata Apart
Slide 30: Our Mission FY28 – On Steady Trajectory
Our Mission FY28 – On Steady Trajectory for Achieving Pipeline Project Revenue Recognition Potential 35.3 msf Current Pipeline 16.7 msf 18.6 msf Launched & Ongoing Upcoming 14.1 msf 2.6 msf 18.3 msf Sold Unsold SPL Area 8.4 msf 5.7 msf 2.6 msf 18.3 msf FY28 Mission Target Revenue Already Revenue Pen
Slide 31: Thank You
Thank You Artist’s impression of Shriram Serenity, Bangalore 29
Slide 32: Annexures
Annexures 30
Slide 33: Annexure-1: Projects Snapshot by Development Models
Annexure-1: Projects Snapshot by Development Models Own Developments Joint Developments Joint Ventures Development Management Execution Track Record Execution Track Record Execution Track Record Execution Track Record Completed Completed Completed Completed ✓ 8 projects ✓ 26 projects ✓ 5 projects ✓
Slide 34: Annexure-2: Consolidated Cash Flows – With and Without JV Cashflows
Annexure-2: Consolidated Cash Flows – With and Without JV Cashflows Particulars SPL Consolidated (CFS) SPL Enterprise (100%)1 (Excl DM) Amount in Rs. Crs Q4 FY26 9M FY26 FY26 Q4 FY26 9M FY26 FY26 Operating Inflow 262 787 1,049 404 1,023 1,427 Construction (92) (342) (434) (145) (484) (629) Mktg. & A
Slide 35: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : http://www.sgapl.net/images/sgapl_logo.jpg Shriram Properties Limited Strategic Growth Advisors Pvt. Ltd. CIN – L72200TN2000PLC044560 CIN - U74140MH2010PTC204285 Mr. Shrikanth D S, AGM – Finance Mr. Rahul Agarwal / Ms.