What we do Shriram Properties Limited is a leading South Indian real estate developer focusing on mid-market and affordable housing across Bangalore, Chennai, Kolkata, and Pune. |
Founded in 2,000 |
Market share Among top five residential developers in South India by units launched, with strong presence in key cities. |
Problem solved Provides quality, affordable housing solutions addressing the growing urban residential demand in mid-market segments. |
Top clients or who we serve Primarily B2C customers seeking mid-market and affordable housing in South India and select Eastern Indian cities. |
Key management - |
Our journey and innovations Started in 2000 in Bangalore; expanded presence across South and Eastern India; IPO in 2021; over 50 projects completed with 30+ msf delivered. |
Where we operate India: Bengaluru, Chennai, Coimbatore, Visakhapatnam, Kolkata, Pune. |
Top products or what we offer Residential apartments, villas, plotted developments targeting mid-market and affordable segments. |
Top brands Shriram Liberty Square, Shriram Pristine Estates, Shriram Chirping Woods, Shriram Grand One, Shriram Spectrum. |
Raw materials needed Cement, steel, bricks, concrete, construction materials from standard suppliers. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is primarily cyclical, dependent on project completions and handovers. |
Our industry position Strong regional player in South India with diversified project portfolio and growing Eastern presence. |
Financial highlights FY25 consolidated revenue of ₹823 crore, PAT ₹77 crore, EBITDA margin 21%, sustained positive cash flows and deleveraging. |
Geographical revenue split Majority from Bengaluru and Chennai projects (over 90%), growing contributions from Kolkata and Pune. |
Order book - |
Whats driving growth Robust pre-sales, new project launches across multiple cities, improving regulatory approvals, and strong handover momentum. |
Our future plans Expand project pipeline over 18.5 msf GDV, focus on Bangalore, Pune, Chennai, and monetize surplus land. |
Our green promise - |
Our people and values Employee base of 665, committed to diversity, inclusion, and high governance standards. |
Key challenges ahead Regulatory delays, e-Khata and registration system issues impacting revenue recognition, competition, and market cyclicality. |
Interesting facts Completed 50+ projects with 30+ million sq.ft delivered; over 32,000 happy customers; CRISIL A- rating with positive outlook. |
Risks and strategy Mitigates regulatory and execution risks through project-specific SPVs, experienced management, and strong governance. |
