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.
Shriram Properties · risk themes across the available quarters.
Bear-case history
The ekata and Kavary 2.0 portal issues in Karnataka continue to delay handovers and revenue recognition, though management says Q4 is more stable.
Management declined to provide a specific timeline for monetizing surplus land, citing dynamic market conditions and product mix decisions.
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.