Shriram Properties Reports Record FY25 Profit

Key Highlights

• Strong Sales and Deliveries: Shriram Properties achieved sales of 4.3 million sq. ft. worth Rs. 2,284 crores in FY25, handing over 3,150+ homes and plots, with 1,400+ in Q4 alone—driving robust revenue and profit growth.
• Record Financial Performance: The company reported its highest-ever net profit of Rs. 77.3 crores in FY25, with Free Cash Flow of Rs. 273 crores—up significantly from Rs. 156 crores in FY24.
• Positive Outlook and Project Pipeline: With 85% of projects already sold, SPL is focusing on timely execution and delivery, supported by a strong pipeline and growing demand in the mid and mid-premium housing segments.

During FY25, the Company logged sales of 4.3 msf and earned Rs. 2,284 crores. When we consider the decision to delay product releases because of external challenges in H2FY25, overall sales meet expectations.

In Q4FY25, the Company announced that sales volumes were up 1.3 msf (+5 percent QoQ), for a total value of Rs. 673 crores. Two deferrals for H2 were accepted and the Company’s Pune project launched in Q1FY26. The group has started early preparations for the Shriram Songs of the Earth project in Electronic City, Bengaluru.

Out of 9 projects completed by SPL in the fiscal year, 4.2 msf were developed and a number of them were finished ahead of the RERA requirements. In the FY25 financial year, the Company handed over more than 3,150 homes and plots, a new achievement for the Company. It is notable, since getting the Completion Certificate (OC/CC) was slow during the summer and was finally resolved near the end of Q4. SPL gave keys to 1,400+ homes and plots to customers last quarter, making for excellent revenue growth and increased profits. Collections from customers rose to Rs. 1,484 crores in FY25 which is 7 percent higher than last year, largely due to higher construction and handover in the quarters.

Also Read: Max Estates Eyes Rs. 6,500 Cr Pre-Sales in FY26

Commenting on the performance, Murali M, CMD of Shriram Properties said: “Our results reflect the strength of our operating platform that has once again demonstrated resilience and overcome external-led challenges to deliver satisfactory operational and financial performance during FY25. We are entering FY26 with strong momentum and a clear strategic focus. Resilient demand for housing, especially in the mid & mid-premium segments, presents a significant opportunity. At SPL, we are well-positioned to capitalize on this. Our focus will remain on faster execution to unlock cashflows from ongoing projects while we build stronger project pipeline for sustainable growth. We are committed to delivering long-term value for all stakeholders”.

The next 3 years look promising and positive for SPL. The firm is moving forward with courageous projects backed by a large and steady project pipeline, as well as the addition of new big projects. As almost 85 percent of projects are already sold, concentrating on delivery and finishing on schedule should see the company generate stronger income as the year continues and looks ahead. Thanks to strong macroeconomic figures and lasting housing need mainly in the mid and mid-premium class, Shriram Properties and similar market leaders are likely to enjoy good growth in the future. Net profit for the Company reached Rs.77.3 crores in FY25, the highest ever since it started trading.

Cashflows from Operations (CFO) were Rs. 305 crores, while Free Cash Flow (FCF) was Rs. 273 crores in FY25, greater than the FY24 amounts of Rs. 156 crores for both. After unlocking FCF from new Rs. 130 crore investments in FY25, SPL is now set to advance more project acquisitions in future.