Shriram Properties Ltd: A Snapshot of Recent Performance and Developments
Shriram Properties Limited, a prominent player in the Indian residential real estate sector, has been making significant strides in the mid-market and mid-premium segments. As of May 25, 2025, the company’s stock closed at INR 84.59 on the National Stock Exchange of India. This price reflects a notable fluctuation over the past year, with a 52-week high of INR 147.6 recorded on September 4, 2024, and a 52-week low of INR 63.13 on March 2, 2025.
The company boasts a market capitalization of INR 14.14 billion, with a price-to-earnings ratio of 28.34. Shriram Properties Limited has established a strong presence in key Indian cities, including Bengaluru, Chennai, and Kolkata, through its residential and commercial projects.
Project Deliveries and Pipeline
To date, Shriram Properties Limited has successfully delivered 48 projects, encompassing a saleable area of 26.5 million square feet. These projects are spread across its primary operational cities. In Bengaluru, notable developments include Shriram Sapphire, Shriram Pristine Estates, The Poem by Shriram Properties, Shriram 107 SouthEast, Shriram WYTField, Shriram Solitaire, and Shriram Esquire. Chennai hosts projects such as Shriram 122 West and Shriram Shankari, while in Kolkata, the company has developed Shriram Grand City.
Looking ahead, the company has a robust development pipeline consisting of 37 projects with an aggregate potential of 37.1 million square feet. This includes 20 million square feet of ongoing projects, underscoring the company’s commitment to growth and expansion.
Commercial Ventures
In addition to residential projects, Shriram Properties Limited has ventured into commercial real estate. Key commercial projects include Shriram Hebbal1, Commercial @ Park63, and Commercial @ Shriram Grand City. These developments highlight the company’s diversified portfolio and its ability to cater to various market segments.
Overall, Shriram Properties Limited continues to be a significant player in India’s real estate landscape, with a strong track record of project deliveries and a promising pipeline that positions it well for future growth.