Shraddha Prime Projects Ltd

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Shraddha Prime Projects Ltd trades at ₹156, in a downtrend and 25 weeks into that stage. That is −4.3% against its own 200-day average. It sits at 12% of a 52-week range of ₹145 to ₹238. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (19 weeks and counting).

Today the stock is in a downtrend — week 25 of stage 4, confirmed. At ₹156 it trades −4.3% versus its 200-day average and sits at 12% of its 52-week range (₹145–₹238).

Against the market, two honest reads. Cumulative: over the last 10.5 years the stock moved +8,052% while the NIFTY 500 moved +255% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (19 weeks and counting; last ahead the week of 2026-01-16) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Shraddha Prime Projects Ltd trades at 9.5× P/E, about the cheapest it has ever traded. Its long-run median P/E is 29.0×, measured across 3.3 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 9.5× is about the cheapest it has ever traded, against a long-run median of 29.0× measured over 3.3 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

Why the multiple sits where it does: over the past year annual EPS moved +118.5% against a −2.6% price move — earnings outran the price, pushing the multiple DOWN its own range.

The price move, decomposed: over 3y, of the +85.9%/yr price move, ~+411.4%/yr came from earnings growth and ~−325.5 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.

Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.

What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.

Solved at its 13 June 2026 price, Shraddha Prime Projects Ltd was paying for profit growth of about 10.4% a year. Today the market pays 9.5× P/E, the 1st percentile of its own 3-year range.

What the two numbers say together. The multiple is low against its own past, and the growth the price is paying for is the whole of what a buyer is backing.

How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.

Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Shraddha Prime Projects Ltd reads as mixed on its fundamental arc. Mixed — growth is normalizing off a hyper-growth base: profit growth has eased from +316.7% at its peak to +96.9% but is still expanding, ROCE lifting at 24.0%. The read is built from 8 quarters across 4 curves, on partial evidence.

Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.

4-Factor Sector Score

59.4/100 — rank 2 of 5 in Construction - Factories/Offices/Commercial · 66% evidence confidence

Shraddha Prime Projects Ltd scores 59.4 out of 100 against the 5 companies it is compared with in Construction - Factories/Offices/Commercial, ranking 2. Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -51% and the one-year return is -0.7%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

The four contributions add to the total exactly: 26.5 + 19.9 + 10 + 3 = 59.4. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

Revenue Revenue is the top line: everything the company billed its customers in the period.

Shraddha Prime Projects Ltd reported ₹134 Cr of revenue in the Jun 26 quarter, +127.1% year on year. That is the 10th straight quarter of year-on-year growth. Over 3 years it has compounded at 283.6% a year. The last full year, FY26, came in at ₹508 Cr. The last four reported quarters add to ₹583 Cr.

FY26 revenue came in at ₹508 Cr (+225.6% on the year), capping 3 years at 283.6% compound. The latest quarter (Jun 26) printed ₹134 Cr, +127.1% year on year — the 10th consecutive quarter of year-over-year growth.

Pace check: the last four quarters averaged +215.1% growth against the decade's 283.6% — the current year is running slower than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +208.5% over the last 4 quarters against +133.4%/yr over the last 8 — accelerating; TTM profit +96.9% vs +200.0%/yr — rolling over.

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Shraddha Prime Projects Ltd's operating margin is 18.0% in the Jun 26 quarter, +0.0 percentage points against the same quarter a year ago. Across 4 fiscal years the operating margin has ranged 10.0% to 20.0%. The current quarter sits inside that band.

The latest quarter's operating margin is 18.0%, +0.0 pp against the same quarter a year ago. Across 4 fiscal years the operating margin has ranged 10.0%–20.0%.

Why the margin moved: operating margin went +0.1 pp year on year while gross margin went −12.8 pp — the gain came mostly from the gross line: input costs and pricing.

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Shraddha Prime Projects Ltd earned ₹19.0 Cr of net profit in the Jun 26 quarter, +111.1% year on year. It is the 5th consecutive quarter of growth. Full-year FY26 profit was ₹53.0 Cr. That is 14.2% of the quarter's revenue. The same quarter a year earlier earned ₹9.0 Cr. 1 of the last 12 reported quarters were loss-making.

Jun 26 profit was ₹19.0 Cr, +111.1% year on year — the 5th consecutive quarter of growth. On the full year, FY26 printed ₹53.0 Cr (+112.0%).

Why profit moved: revenue contributed +127.1% and the margin +0.0 pp — the quarter was revenue-led, with the margin roughly flat.

Pace comparison, last four quarters: profit +99.6% vs revenue +215.1%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years −211% of Shraddha Prime Projects Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹−38.0 Cr of operating cash against ₹53.0 Cr of profit. After ₹1.0 Cr of capital spending, ₹−39.0 Cr was left as free cash.

FY26: operating cash of ₹−38.0 Cr against reported profit of ₹53.0 Cr, leaving free cash of ₹−39.0 Cr after ₹1.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −211% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

🚨 Why conversion sits at −211%: the cash cycle stretched 244 days between FY23 and FY26 — more of each rupee of profit waits inside the cycle before arriving. Less than 70% of profit arriving as cash is the thing to watch on this page.

Router verdict: conversion is below par and the cash cycle has stretched 244 days — the next section's job is to find where the cash is stuck.

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Shraddha Prime Projects Ltd's cash conversion cycle runs 244 days in FY26, up from 0 days in FY23. Capital spending ran ₹0.0 Cr over the last 3 years. At FY26 sales of ₹508 Cr each day of that cycle holds about ₹1.4 Cr, so roughly ₹340 Cr sits inside the business at any moment.

FY26: debtors at 0 days, inventory at 326 days — roughly 10.7 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 244 days, looser than FY23's 0.

The full loop: cash goes out to suppliers and production on day 0; stock waits 326 days to sell; customers pay about 0 days after that; and suppliers themselves are paid at 82 days — netting out to the 244-day cycle.

In money terms: at FY26 sales of ₹508 Cr, each day of the cycle holds about ₹1.4 Cr — so the 244-day loop keeps roughly ₹340 Cr sitting inside the business at any moment.

On the investment side: capital spending of ₹0.0 Cr over the last 3 fiscal years. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.

The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Shraddha Prime Projects Ltd earns a ROCE of 24% in FY26. That is up from a trough of 9% in FY24. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 10.4% net margin on 0.73× asset turns.

FY26 ROCE is 24%, recovered from a FY24 trough of 9% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 10.4% net margin × 0.73× asset turns × 5.30× balance-sheet leverage ≈ 40.2% on equity. Margin does its share; leverage is a meaningful part of the equation.

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Shraddha Prime Projects Ltd carries ₹262 Cr of borrowings against ₹132 Cr of equity in FY26, a debt-to-equity of 1.98. Over 3 years borrowings went from ₹88.0 Cr to ₹262 Cr. Capital spending ran ₹0.0 Cr across the last 3 of those years.

FY26: borrowings of ₹262 Cr against equity of ₹132 Cr — a debt-to-equity of 1.98. Over 3 years borrowings went from ₹88.0 Cr to ₹262 Cr while capital spending ran ₹0.0 Cr in just the last 3 — part of the build-out is riding on borrowed money.

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

No holder of Shraddha Prime Projects Ltd moved a full percentage point over the last two years — the register is quiet. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: −0.2 points over 8 quarters to 74.8%.

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Shraddha Prime Projects Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

Frequently asked questions