Shriram Properties FY26 net profit up 30%, revenue at record high

MUMBAI: Realty developer Shriram Properties has reported its highest-ever annual profit and revenue in 2025-26, aided by deliveries, strong collections and sustained demand across key southern markets despite delays in project launches during the year.

The company’s net profit rose 30% to Rs 100.8 crore in 2025-26, crossing the Rs 100 crore mark for the first time. It posted total revenue of Rs 1,356.9 crore, up 39% year-on-year. Net profit for the quarter rose 65% on-year to Rs 78.5 crore, while revenue grew 55% to Rs 662.7 crore.

The company delivered 3,465 homes and plots during the year, including over 1,300 units during the March quarter, helping accelerate revenue recognition.


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“FY26 marks a defining year for the company, demonstrating the strength of our business model, execution capabilities and resilience in navigating external challenges. The strong momentum witnessed in Q4 has continued to strengthen our confidence and outlook for the coming year,” said Murali M, CMD, Shriram Properties.

Sales bookings during the year stood at Rs 2,354 crore, translating into around 4.2 million sq ft of area sold. Collections reached an all-time high of Rs 1,661 crore, up 12% from the previous year, supported by sustained construction progress and improved handovers.

The Bengaluru-based developer added seven new projects during the year with a combined development potential of around 3.5 million sq ft and estimated gross development value of Rs 3,500 crore.

The company said it is also in advanced stages of closing additional projects with over 7 million sq ft development potential during the first half of the current financial year.

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“Despite ongoing global uncertainties, the Indian residential real estate sector remains resilient and structurally strong. Backed by our strong balance sheet, disciplined execution, customer-centric approach and growing brand strength, we remain excited about the opportunities ahead and confident of creating sustained long-term value for all stakeholders,” said Murali M.

During the year, the company also resolved long-pending land matters related to its 314-acre land parcel at Uttarpara in Kolkata through conveyance of 42.37 acres of land from the site, paving the way for future development in the region.

Shriram Properties also entered western India with its first project launch at Undri in Pune. The company said it has sold over 300 units within less than a year of launch.

The company’s net debt stood at Rs 438 crore at the end of FY26, with debt-equity ratio at 0.30 times.