Shriram Properties Limited

NSEI:SHRIRAMPPS Stock Report

Market Cap: ₹23.4b

Shriram Properties Balance Sheet Health

Financial Health criteria checks 5/6

Shriram Properties has a total shareholder equity of ₹12.8B and total debt of ₹6.5B, which brings its debt-to-equity ratio to 50.9%. Its total assets and total liabilities are ₹37.7B and ₹24.9B respectively. Shriram Properties's EBIT is ₹652.3M making its interest coverage ratio 0.6. It has cash and short-term investments of ₹1.8B.

Key information

50.9%

Debt to equity ratio

₹6.50b

Debt

Interest coverage ratio0.6x
Cash₹1.85b
Equity₹12.77b
Total liabilities₹24.94b
Total assets₹37.71b

Recent financial health updates

Recent updates

Earnings Not Telling The Story For Shriram Properties Limited (NSE:SHRIRAMPPS) After Shares Rise 29%

Apr 13
Earnings Not Telling The Story For Shriram Properties Limited (NSE:SHRIRAMPPS) After Shares Rise 29%

Does Shriram Properties (NSE:SHRIRAMPPS) Have A Healthy Balance Sheet?

Mar 13
Does Shriram Properties (NSE:SHRIRAMPPS) Have A Healthy Balance Sheet?

Shriram Properties Limited (NSE:SHRIRAMPPS) Looks Inexpensive But Perhaps Not Attractive Enough

Jun 20
Shriram Properties Limited (NSE:SHRIRAMPPS) Looks Inexpensive But Perhaps Not Attractive Enough

We Like Shriram Properties' (NSE:SHRIRAMPPS) Earnings For More Than Just Statutory Profit

Jun 05
We Like Shriram Properties' (NSE:SHRIRAMPPS) Earnings For More Than Just Statutory Profit

A Look At The Fair Value Of Shriram Properties Limited (NSE:SHRIRAMPPS)

Jun 01
A Look At The Fair Value Of Shriram Properties Limited (NSE:SHRIRAMPPS)

Financial Position Analysis

Short Term Liabilities: SHRIRAMPPS's short term assets (₹34.4B) exceed its short term liabilities (₹23.4B).

Long Term Liabilities: SHRIRAMPPS's short term assets (₹34.4B) exceed its long term liabilities (₹1.6B).


Debt to Equity History and Analysis

Debt Level: SHRIRAMPPS's net debt to equity ratio (36.4%) is considered satisfactory.

Reducing Debt: SHRIRAMPPS's debt to equity ratio has reduced from 86.1% to 50.9% over the past 5 years.

Debt Coverage: SHRIRAMPPS's debt is well covered by operating cash flow (34.3%).

Interest Coverage: SHRIRAMPPS's interest payments on its debt are not well covered by EBIT (0.6x coverage).


Balance Sheet


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