Shriram Properties Ltd. (SHRIRAMPPS) AI Stock Analysis

• Market Cap: ₹12.55B
• Dividend Yield: N/A
• Average Volume (3M): 67.27K
• Price to Earnings (P/E): 15.0
• Beta (1Y): 1.92
• Revenue Growth: 13.78%
• EPS Growth: 63.01%
• Country: IN
• Employees: 670
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 0.50
• Shares Outstanding: 170,654,390
• 10 Day Avg. Volume: 42,808
• 30 Day Avg. Volume: 67,265
• PEG Ratio: 9.00
• Price to Book (P/B): 0.92
• Price to Sales (P/S): 1.52
• P/FCF Ratio: 50.68
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ₹83.00 ▼(-1.45% Downside)

The overall stock score of 60 reflects a mixed financial performance with strong profitability but volatile revenue growth and weak cash flow conversion. Technical analysis indicates a neutral to slightly bearish trend, and valuation metrics suggest the stock is fairly priced. The absence of a dividend yield and lack of recent earnings call data or corporate events limit further insights.

Positive Factors

Healthy project-level margins

Sustained gross and EBITDA margins provide a structural cushion for project economics in real estate, allowing the firm to absorb cost overruns and cyclical price pressure. Over months, strong project-level margins support reinvestment into new developments and steady operating profitability.

Moderate leverage and balanced capital structure

A moderate debt-to-equity ratio and balanced equity share reduce refinancing and liquidity risk across development cycles. This capital structure gives the company durable financial flexibility to fund staged construction, access debt markets when needed, and limit solvency stress during industry slowdowns.

Positive free cash flow maintained

Consistent positive free cash flow—even if modest—signals the business can generate internal funds to support project completion and reduce absolute reliance on new external capital. Over a multi-month horizon this lowers execution funding risk and supports disciplined growth.

Negative Factors

Weak cash conversion of earnings

Low conversion of accounting earnings into cash constrains the company's ability to fund new projects from internally generated resources and raises dependence on customer advances or borrowing. Persistently weak cash conversion can strain liquidity and limit growth execution over months.

Volatile revenue with recent decline

Revenue volatility and a recent year-on-year decline reduce predictability of sales and collections for staged real estate projects. This complicates cash flow planning, inventory turnover and project cadence, raising execution and financing uncertainty across the typical 2–6 month planning horizon.

Modest return on equity

A low ROE indicates the company earns limited returns on shareholder capital, implying either low asset turnover or constrained profit conversion. Persistently modest ROE makes it harder to justify capital allocation and may limit ability to attract equity at favorable terms for long-term expansion.

Shriram Properties Ltd. Business Overview & Revenue Model

Company Description

Shriram Properties Limited operates as a real estate development company in India. It develops residential projects, including mid-market and affordable, mid-market premium, and luxury housing projects, as well as commercial and office space, and plotted development projects in Bengaluru, Chennai, Kolkata, Coimbatore, and Vizag, India. The company was founded in 1995 and is headquartered in Bengaluru, India.

How the Company Makes Money

Shriram Properties generates revenue primarily through the sale of residential and commercial properties. The company earns money by developing and selling real estate projects, often relying on pre-sales to secure funding for construction. Key revenue streams include residential unit sales, leasing of commercial properties, and income from project management services. Additionally, the company may benefit from strategic partnerships with financial institutions and construction firms, which enhance its ability to deliver projects efficiently and effectively. The demand for housing and commercial space in rapidly urbanizing regions also significantly contributes to its earnings.

Shriram Properties Ltd. Financial Statement Overview

Summary

Shriram Properties presents a mixed financial picture. While profitability margins are strong, revenue growth is volatile with a recent decline. The balance sheet is stable with moderate leverage, but cash flow conversion from net income is weak, indicating challenges in cash flow efficiency.

Income Statement

Shriram Properties has demonstrated a mixed performance in terms of income metrics. The gross profit margin for the most recent fiscal year stands at 17.68%, which is relatively strong for the real estate development industry. However, the net profit margin was only 9.38%, indicating challenges in controlling costs or achieving higher sales efficiency. Revenue growth was negative last year at -4.75%, following a positive growth trajectory in previous years, suggesting volatility in revenue generation. Despite this, the company maintains a healthy EBITDA margin of 21.77%.

Balance Sheet

The company's balance sheet reflects a stable but cautious financial position. The debt-to-equity ratio is 0.48, indicating moderate leverage and manageable financial risk. Return on equity is at 5.7%, which is modest, reflecting limited profitability from shareholders' investments. The equity ratio stands at 34.43%, showing a balanced approach between debt and equity financing. Overall, the company maintains a stable financial foundation with room for improving profitability.

Cash Flow

Cash flow analysis reveals moderate performance, with free cash flow growth showing signs of fluctuation. The operating cash flow to net income ratio is 0.40, suggesting that cash generation from operations is not as robust as net income figures may imply. The free cash flow to net income ratio is 0.32, which is relatively low, indicating that a smaller portion of earnings is being converted into free cash flow. Despite these challenges, the company has managed to maintain positive free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	9.12B	8.23B	8.65B	6.74B	4.33B	4.27B
Gross Profit	2.57B	1.46B	2.85B	2.21B	2.46B	1.62B
EBITDA	1.72B	1.79B	1.53B	1.61B	1.55B	1.05B
Net Income	803.50M	772.00M	754.70M	659.70M	97.81M	-682.91M
Balance Sheet
Total Assets	0.00	39.39B	37.75B	36.43B	37.41B	32.99B
Cash, Cash Equivalents and Short-Term Investments	3.17B	3.17B	1.85B	1.15B	1.27B	806.35M
Total Debt	0.00	6.55B	6.56B	6.44B	5.45B	7.29B
Total Liabilities	-13.56B	25.83B	24.98B	24.43B	26.10B	24.72B
Stockholders Equity	13.56B	13.56B	12.77B	12.00B	11.33B	8.38B
Cash Flow
Free Cash Flow	0.00	247.10M	2.12B	-364.40M	1.24B	1.46B
Operating Cash Flow	0.00	306.90M	2.21B	-134.91M	1.24B	1.48B
Investing Cash Flow	0.00	-506.80M	-777.60M	-300.62M	219.65M	73.94M
Financing Cash Flow	0.00	-24.00M	-1.08B	101.94M	-1.00B	-1.19B

Shriram Properties Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 84.22
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SHRIRAMPPS, the sentiment is Neutral. The current price of 84.22 is above the 20-day moving average (MA) of 77.37, above the 50-day MA of 82.29, and below the 200-day MA of 88.83, indicating a neutral trend. The MACD of -2.40 indicates Negative momentum. The RSI at 52.72 is Neutral, neither overbought nor oversold. The STOCH value of 61.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:SHRIRAMPPS.

Shriram Properties Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
SHRIRAMPPS	60 Neutral	₹12.55B	15.04	―	―	13.78%	63.01%
AJMERA	56 Neutral	₹26.71B	22.35	―	0.47%	-1.25%	-5.48%
PROZONER	54 Neutral	₹7.38B	-25.07	―	―	4.65%	-154.71%
ARIHANTSUP	52 Neutral	₹11.68B	26.08	―	0.48%	16.36%	28.21%
PARSVNATH	39 Underperform	₹3.73B	-1.16	―	―	-37.98%	40.32%
OMAXE	39 Underperform	₹13.73B	-2.17	―	―	-22.30%	-8.72%

Shriram Properties Ltd. Corporate Events

Shriram Properties Closes Trading Window Ahead of Q3 FY26 Results

Shriram Properties Limited has announced the closure of its trading window for designated persons and their immediate relatives from January 1, 2026, until 48 hours after the declaration of its unaudited financial results for the third quarter and nine months ended December 31, 2025. The move, in line with SEBI’s Prohibition of Insider Trading Regulations and the company’s internal code of conduct, is intended to prevent insider trading and ensure fair disclosure ahead of its upcoming financial results, underscoring the company’s adherence to corporate governance and regulatory compliance norms.