Shriram Properties Sets ₹2,200 Crore FY27 Revenue Target; Eyes ₹4,000+ Crore in Three Years

Shriram Properties Charts Growth Path: ₹2,200 Crore FY27 Target Within Three-Year Roadmap

Shriram Properties announced its operational and financial performance for Q4 and FY26 on May 25, 2026, alongside a multi-year growth strategy. The company posted consolidated net earnings of ₹78.5 crore in Q4 FY26, up 65 percent year-on-year, with overall income growing 55 percent to ₹662.7 crore.

Revenue and Bookings Momentum

Full-year FY26 saw sales reservations of ₹2,354 crore, equivalent to 4.2 million square feet. The company expects stronger sales momentum in FY27, with approvals progressing well and well-distributed launches across regions including Kolkata, Chennai and Bengaluru.

Shriram Properties has 18+ million square feet of new projects currently in the pipeline for launch over the next three years. This pipeline underpins the forward guidance spanning FY27 and beyond.

Three-Year Strategic Roadmap

The FY27 revenue target of ₹2,200 crore forms part of a broader three-year expansion plan targeting over ₹4,000 crore in revenues. The company's mission aims to double annual sale bookings to ₹5,000 crore, triple revenues to ₹3,000 crore, and quadruple profits to over ₹250 crore by FY27, reflecting ambitions to accelerate bookings realization and project delivery across its regional footprint.

Capital Deployment and Land Strategy

Land expenses rose 287 percent to ₹137 crore in FY26 due to increasing costs in high-demand micro-markets like Sarjapur, where the company acquired 4 acres in February 2026. The company invested approximately ₹370 crore towards new project investments during FY26, signalling disciplined capital allocation toward high-performing locations.

Company Context

Shriram Properties Limited was founded in 1995 and is based in Bengaluru, India. The company entered its 25th year of operations in FY2024-25. It has delivered 51 projects spanning over 31.5 million square feet, mainly in Bengaluru and Chennai. The portfolio spans primarily Bengaluru, Chennai, and Kolkata, with recent entry into the Pune market.

Shriram Properties counts Walton Street Capital, Starwood Capital Group, and Mitsubishi Corporation among marquee investors, reflecting institutional backing for its expansion trajectory.