Shriram Properties Share Price Target 2024, 2025, 2026, 2030
Shriram Properties Share Price Target 2024, 2025, 2026, 2030: In today’s article, we will learn about the business and future share price target of Shriram Properties, a company working in the field of real estate.
This company has made good returns to its investors in the last one year. Will the company also give similar returns or will it disappoint its investors?
If you are thinking of investing in this company, then you must know about its business and its valuation and in today’s article we will give you information about both the business, future share price target and valuation.
Shriram Properties is a company of Shri Ram Group and the market cap of the company is Rs 2259 crore, that is, the company is a small cap market cap company and the company is not very strong on fundamentals but looks fine.
About Shriram Properties Company Business
Shriram Properties is a part of Shriram Group. The company is one of the leading residential real estate development companies in South India that primarily caters to the mid-market and affordable housing categories.
Shriram Properties is present in key markets across plotted developments and mid-market premium, luxury housing as well as commercial and office space categories.
Shriram Properties began operations in Bengaluru in 2000 and has since expanded its presence to other cities in South India, such as Chennai, Coimbatore and Visakhapatnam, as well as Kolkata in Eastern India, where they A large mixed-use project is being developed.
Main businesses of Shriram Properties:
- Construction and development of residential apartments and townships
- Focus on affordable and mid-market housing categories
- Presence in key markets in South India
- Strong brand value and reputation
| Company Name | Shriram Properties Ltd |
| Market Cap | 2259 Cr. |
| 52 High/Low | 141 / 53 |
| Debt | 654 Cr. |
| PE Ratio | 30.4 |
| ROE | 5.61 % |
| ROCE | 10.1 % |
| Debt To Equity | 0.53 |
| Pramoter Holding | 28 % |
| Price To Book Value | 1.81 |
Shriram Properties Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030
The share price target of Shriram Properties is expected to be something like this in the future.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| Shriram Properties Share Price Target 2024 | 152 | 154 |
| Shriram Properties Share Price Target 2025 | 185 | 189 |
| Shriram Properties Share Price Target 2026 | 236 | 238 |
| Shriram Properties Share Price Target 2027 | 310 | 313 |
| Shriram Properties Share Price Target 2028 | 382 | 386 |
| Shriram Properties Share Price Target 2029 | 482 | 487 |
| Shriram Properties Share Price Target 2030 | 624 | 630 |
| Shriram Properties Share Price Target 2035 | 1891 | 1910 |
| Shriram Properties Share Price Target 2040 | 6685 | 6818 |
You have to keep in mind that the share price targets mentioned above will be achieved only when the company’s businesses perform well and the company shows consistent revenue and profit growth.
If the company does not show consistent revenue and profit growth, then the share price target of the company will not achieve the given target and it can also give you negative returns.
Shriram Properties Share Price Target 2024
According to the company’s management, real estate demand is going to increase by about 28% in the top 7 largest cities of India within 2024, which Shri Ram Properties would definitely like to take advantage of.
The company says that if RBI cuts the interest rate, it will lead to an increase in the company’s property sales and there will be good growth in the company’s revenue and the company’s profit will also increase.
Shriram Properties Share Price Target is expected to give about 15 to 18 percent return for 2024. Shares of this company can go up to the price of Rs 154 in 2024.
| Shriram Properties Share Price Target 2024 | Price |
| January | 134 |
| February | 135 |
| March | 137 |
| April | 138 |
| May | 139 |
| June | 142 |
| July | 144 |
| August | 146 |
| September | 148 |
| October | 150 |
| November | 152 |
| December | 154 |
Shriram Properties Share Price Target 2025
According to market experts, there will be good demand in the real estate sector in India in the coming 5 to 10 years.
Because all the big cities in India are developing rapidly and people from small towns are moving to big cities for jobs and buying houses for themselves there.
This process will be seen further and faster due to which the real estate company will get immense benefits from it.
Shriram Properties share price target is expected to be good in 2025. There are many reasons for this, we will tell you further about it. Shriram Properties share price target can be seen trading up to the level of 189 by 2025.
| Shriram Properties Share Price Target 2025 | Price |
| January | 156 |
| February | 158 |
| March | 160 |
| April | 165 |
| May | 170 |
| June | 171 |
| July | 174 |
| August | 180 |
| September | 181 |
| October | 183 |
| November | 185 |
| December | 189 |
Shriram Properties Share Price Target 2026
Let us tell you that the IPO of this company Shriram Properties came just 2 years ago and it has been only two years since the company was listed in the stock exchange. The IPO of the company came in December 2021.
Then the company had brought an IPO of about Rs 600 crore, out of which Rs 250 crore was fresh issue and the remaining Rs 350 crore was kept for sale.
If we look at the revenue of the company, the revenue of the company was Rs 650 crore in March 2019, which is now Rs 674 crore in March 2023, that is, there has been no growth in the revenue of Shriram Properties between 2019 and 2023. There is something to think about for its performance.
If the company does not see consistent revenue growth, then the company’s profit and share price will never be seen increasing. Considering this negative point of the company, the share price of Shriram Properties is not expected to remain high in 2026. You may see its share price trading at a price of Rs 238 in 2026.
| Shriram Properties Share Price Target 2026 | Price |
| January | 190 |
| February | 200 |
| March | 205 |
| April | 211 |
| May | 213 |
| June | 215 |
| July | 216 |
| August | 218 |
| September | 220 |
| October | 228 |
| November | 236 |
| December | 238 |
Shriram Properties Share Price Target 2030
If you look at the profit of Shriram Properties, the company was incurring losses for the last several years, but in March 2022 and March 2023, the company has made a profit of around Rs 18 crore and Rs 68 crore respectively, which means the company has moved from a loss making company to a profitable company. It’s over.
The 3 year sales growth of this company is 6% and the same 3 year profit growth is 40%. If the company wants to give good returns to its investors, then Shri Ram Properties will have to bring about 10 to 15 percent growth in its sales every year. .
Now if we talk about share price target, then based on the performance and technicality of the company, the share of this company can go up to the level of Rs 630 in 2030.
| Shriram Properties Share Price Target 2030 | Price |
| January | 270 |
| February | 290 |
| March | 350 |
| April | 380 |
| May | 400 |
| June | 444 |
| July | 460 |
| August | 500 |
| September | 590 |
| October | 600 |
| November | 624 |
| December | 630 |
Shareholding Pattern
The promoter’s holding in Shriram Properties is only 28% and the public’s holding is the highest at 61%.
| Dec 2022 | March 2023 | June 2023 | Sep 2023 | Dec 2023 | |
| Promoter | 28 % | 28 % | 27.99 % | 27.99 % | 27.99 % |
| FII | 4.69 % | 4.45 % | 4.51 % | 5.44 % | 6.67 % |
| DII | 9.44 % | 8.74 % | 6.43 % | 4.05 % | 3.60 % |
| Public | 57.87 % | 58.80 % | 61.05 % | 62.52 % | 61.72 % |
Competitor Company of Shriram Properties
- Rail Development
- ncc
- PNC Infratech
- National Standard
- Mahindra Life
- Macrotech Develop.
Shriram Properties Share Price Target Related FAQs:
Who is the promoter of Shriram properties?
M. Murali is the Chairman & Managing Director of Shriram Properties.
