Shriram Properties Limited (SPL) reported a strong financial and operational performance for FY26, driven by record home handovers, robust collections, and sustained residential demand across key markets. The company posted its highest-ever annual revenue of โน1,356.9 crore, up 39% year-on-year, while net profit crossed the โน100 crore mark for the first time, rising 30% to โน100.8 crore.
The Bengaluru-based developer delivered 3,465 homes during FY26, including over 1,300 handovers in Q4 alone, helping accelerate revenue recognition and earnings growth. Quarterly revenue surged 55% year-on-year to โน662.7 crore in Q4FY26, while net profit increased 65% to โน78.5 crore.
During the year, SPL recorded sales bookings worth โน2,354 crore across 4.2 million sq ft and achieved record customer collections of โน1,661 crore. The company also added seven new projects with a development potential of 3.5 million sq ft and an estimated gross development value (GDV) of โน3,500 crore.
The company marked its entry into Western India with a project launch in Undri, Pune, where it sold over 300 units within a year. SPL also resolved long-pending land matters related to its Kolkata project, paving the way for future development.
Commenting on the performance, Murali M said FY26 was a defining year for the company, reflecting the strength of its execution capabilities, customer-centric approach, and disciplined growth strategy despite external challenges.
With over 18 million sq ft of projects in the pipeline for launch over the next three years and low debt levels, the company remains optimistic about sustaining growth momentum and unlocking long-term stakeholder value.
