531771
Shraddha Prime financials
- Market cap
- ₹626 Cr
- Sector
- Realty
What Shraddha Prime does
Shraddha Prime Projects Limited develops, constructs, leases and redevelops residential and commercial real estate, primarily through brownfield redevelopment of co-operative housing societies and slum-rehabilitation schemes in the Mumbai Metropolitan Region. It earns by selling built units (1, 2 and 3 BHK RERA-registered configurations) across its own projects and through partnership/LLP development entities and subsidiary firms. The company runs a single reporting segment, Real Estate Development, offering homes spanning affordable/compact to premium and super-premium formats.
Segments
- Real Estate Development
- Ongoing development projects
- 8 (across Borivali, Mulund, Bhandup, Kandivali, Kanjurmarg, Thane)
- Total saleable area across ongoing projects
- ~11.16 lakh sq. ft. (as of Q1 FY25)
- Cumulative area sold across ongoing projects
- ~3.31 lakh sq. ft. (as on 30 Jun 2024)
- Consolidating subsidiary/LLP firms
- 5 (as on 31 Mar 2025)
- New projects in documentation/pipeline phase
- 3 (incl. one in South Mumbai - Matunga)
- Units sold
- 132 units (Q1 FY25)
Quarterly results
Q1 FY27: revenue up 227.3%, net profit up 111.1% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 22 | 27 | 32 | 33 | 106 +382% | 85 +215% | 105 +228% | 108 +227% |
| EBITDA | 5 | 5 | 6 | 6 | 24 +380% | 18 +260% | 18 +200% | 23 +283% |
| Net profit | 7 | 9 | 7 | 9 | 9 +29% | 13 +44% | 23 +229% | 19 +111% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −3.5% 1Y
1Y: ₹161.35 on 10 Sept 2025 → ₹155.7. High ₹250.75 (17 Nov 2025), low ₹144.2 (8 Jul 2026).
Financials, as filed
Revenue grew 176.6% a year over 2 years, FY24 to FY26. Operating margin widened to 20.1%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹43 Cr | ₹103 Cr | ₹329 Cr |
| Operating profit | ₹4 Cr | ₹20 Cr | ₹66 Cr |
| Operating margin | 9.3% | 19.4% | 20.1% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹7 Cr | ₹25 Cr | ₹54 Cr |
| Net margin | 16.3% | 24.3% | 16.4% |
| Cash from operations | ₹-36 Cr | ₹-30 Cr | ₹-36 Cr |
| Free cash flow | ₹-36 Cr | ₹-31 Cr | ₹-37 Cr |
| ROCE | 8.0% | 21.0% | 28.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹22 Cr | ₹42 Cr | ₹42 Cr |
| Reserves | ₹-5 Cr | ₹-6 Cr | ₹-5 Cr | ₹33 Cr | ₹53 Cr | ₹90 Cr |
| Borrowings | ₹0 Cr | ₹20 Cr | ₹75 Cr | ₹61 Cr | ₹219 Cr | ₹231 Cr |
| Other liabilities | ₹0 Cr | ₹0 Cr | ₹22 Cr | ₹30 Cr | ₹208 Cr | ₹162 Cr |
| Total liabilities | ₹1 Cr | ₹21 Cr | ₹98 Cr | ₹146 Cr | ₹523 Cr | ₹525 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹19 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹18 Cr | ₹22 Cr | ₹108 Cr |
| Other assets | ₹1 Cr | ₹21 Cr | ₹78 Cr | ₹129 Cr | ₹500 Cr | ₹417 Cr |
| Total assets | ₹1 Cr | ₹21 Cr | ₹98 Cr | ₹146 Cr | ₹523 Cr | ₹525 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +0.22 pp while promoters trimmed −0.21 pp. The shareholder count grew 22% to 3,122.
- Promoters
- 74.8%
- Public
- 25.2%
Since Jun 2025
- Public +0.22 pp
- Promoters −0.21 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, Public 25.0%.Dec '23: Promoters 75.0%, Public 25.0%.Mar '24: Promoters 75.0%, Public 25.0%.Jun '24: Promoters 75.0%, Public 25.0%.Sep '24: Promoters 75.0%, Public 25.0%.Dec '24: Promoters 75.0%, Public 25.0%.Mar '25: Promoters 75.0%, Public 25.0%.Jun '25: Promoters 75.0%, Public 25.0%.Sep '25: Promoters 74.8%, Public 25.2%.Dec '25: Promoters 74.8%, Public 25.2%.Mar '26: Promoters 74.8%, Public 25.2%.Jun '26: Promoters 74.8%, Public 25.2%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Mehul Hasmukh Barvalia newly disclosed 2.60% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Shraddha Prime above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sudhir Balu Mehta | 74.78% | unchanged |
| Mehul Hasmukh Barvalia | 2.60% | newly disclosed |
| Divya Kanda | 1.75% | unchanged |
| Glaston Mario Menezes | 1.06% | unchanged |
| Mehul Hasmukh Barvalia - 2 | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Shraddha Prime
Guides on how to read this kind of business and the numbers that matter.