SHRIRAMPROPERTIES / bear-case history

Track the concerns that keep returning.

Shriram Properties · risk themes across the available quarters.

Research layer active

Bear-case history

Risks carried through the record.

Bangalore registration system instability

The ekata and Kavary 2.0 portal issues in Karnataka continue to delay handovers and revenue recognition, though management says Q4 is more stable.

high

Kolkata land monetization timeline uncertainty

Management declined to provide a specific timeline for monetizing surplus land, citing dynamic market conditions and product mix decisions.

medium

FY28 medium-term targets may be at risk

With two years left, FY26 sales volumes are flat YoY; achieving 3x revenue and 4x profit by FY28 depends on strong execution and land monetization.

medium