Added to YB: 2026-04-21
Pitch date: 2026-04-17
SHRIRAMPPS.NS [neutral]
Shriram Properties Limited
-0.54%
current return
Author Info
Zen Nivesh analyses India’s equity markets to help you discover high-conviction, research-backed stock ideas—long before they hit the mainstream. Our edge lies in identifying fundamentally strong, underfollowed companies with serious upside potential. Sign up for the newsletter.
Company Info
Shriram Properties Limited operates as a real estate development company in India. The company engages in the business of construction, development, and sale of residential and commercial properties.
Market Cap
INR 14.1B
Pitch Price
INR 83.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
19.41
P/E
20.09
EV/Sales
1.77
Sector
Real Estate Management and Development
Category
turnaround
Shriram Properties: A Deep Dive
SHRIRAMPPS.NS (deep dive): Mid-income housing dev w/ ₹1372cr mcap. Kolkata land overhang cleared—₹259cr liability settled via 42.37 acres transfer, unlocking 5-6M sqft pipeline w/ ₹3000cr GDV, ₹1500cr+ cash flow potential over 5yrs. Shifted to asset-light JD/JV/DM models, improving capital efficiency. Post-IPO: strong handovers, controlled leverage, better cash flows. FY25 hit by approval/OC delays despite solid demand. Say-do ratio solid directionally but timeline-dependent. Risks: launch dependency, approval delays, cyclical demand, hybrid model complexity. NAV-based valuation more appropriate than P/E. Shriram Group association boosts trust in sector plagued by broken promises. Not perfect but disciplined; consistency across cycles is key test.
Read full article (12 min)