SHRADHA - Shradha Infrapr.
📢 Recent Corporate Announcements
Shradha Realty Limited has issued a clarification regarding a discrepancy in its Standalone Earnings Per Share (EPS) for the quarter ended December 31, 2025. The company confirmed that the correct EPS is Rs. 0.51, as originally approved by the Board, whereas the XBRL filing erroneously showed Rs. 0.55. The company stated this was a clerical typographical error during the uploading process and does not impact the actual financial performance. A revised XBRL filing has been submitted to the National Stock Exchange to rectify the record.
- Correct Standalone EPS for the quarter ended Dec 31, 2025, is Rs. 0.51
- Typographical error in XBRL filing incorrectly reported EPS as Rs. 0.55
- Company confirms no impact on actual financial results or other line items
- Revised XBRL filing has been submitted to the Exchange for record
Shradha Infraprojects Limited has received approval to change its corporate name to Shradha Realty Limited. The National Stock Exchange (NSE) confirmed the change via circular NSE/CML/72949, with the effective date set for February 27, 2026. While the name is changing, the existing stock symbol 'SHRADHA' will remain the same. This administrative update likely aligns the company's brand more closely with its core real estate operations.
- Official name change from Shradha Infraprojects Limited to Shradha Realty Limited
- Effective date for the transition is February 27, 2026
- The trading symbol 'SHRADHA' remains unchanged on the National Stock Exchange
- NSE Circular Ref. No: 0302/2026 issued on February 23, 2026
Shradha Realty Limited (formerly Shradha Infraprojects) has issued a postal ballot notice to seek shareholder approval for a material related party transaction. The company proposes to increase the loan limit to its wholly-owned subsidiary, Suntech Infraestate Nagpur Private Limited, to ₹150 crore. This is a significant upward revision from the previous limit of ₹100 crore approved in September 2025. The proposed loan facility will be valid for three financial years, extending up to FY 2027-28.
- Proposed increase in loan limit to subsidiary Suntech Infraestate from ₹100 crore to ₹150 crore
- Loan facility intended for a three-year duration covering periods up to Financial Year 2027-28
- Company name officially changed from Shradha Infraprojects Limited to Shradha Realty Limited
- Remote e-voting period for shareholders begins on February 19, 2026, and ends on March 20, 2026
- Results of the postal ballot and the scrutinizer's report will be announced on March 23, 2026
Shradha Realty Limited (formerly Shradha Infraprojects) reported a standalone Net Profit of ₹304.81 Lakhs for Q3 FY26, down from ₹498.00 Lakhs in the year-ago period. While quarterly profits dipped, the 9-month performance remains strong with a Net Profit of ₹1,175.21 Lakhs compared to ₹758.30 Lakhs last year. A major highlight is the board's approval of a ₹150 Crore intercorporate loan to its subsidiary, Suntech Infraestate Nagpur, pending shareholder approval. Additionally, the board has deferred a decision on a proposed merger/amalgamation scheme.
- Standalone Net Profit for Q3 FY26 stood at ₹304.81 Lakhs, a 38.8% decline year-on-year.
- 9-Month Standalone Net Profit grew significantly to ₹1,175.21 Lakhs from ₹758.30 Lakhs YoY.
- Revenue from operations for the quarter was ₹502.45 Lakhs, up from ₹452.04 Lakhs in Q3 FY25.
- Approved a material related party transaction involving a ₹15,000 Lakhs (₹150 Cr) loan to a wholly-owned subsidiary.
- Decision on the proposed Scheme of Merger/Amalgamation has been officially deferred by the Board.
Shradha Realty Limited (formerly Shradha Infraprojects) reported a weak set of results for Q3 FY26, with net profit falling 70% year-on-year to ₹24.73 Lakhs. Revenue from operations also saw a significant decline of 41%, dropping to ₹502.45 Lakhs from ₹852.04 Lakhs in the year-ago period. Despite the quarterly slump, the nine-month PAT showed an improvement at ₹117.52 Lakhs compared to ₹97.21 Lakhs in the previous year. Strategically, the board approved a large ₹150 Crore intercorporate loan to its subsidiary and deferred a decision on a proposed merger.
- Q3 FY26 Revenue from operations decreased 41% YoY to ₹502.45 Lakhs from ₹852.04 Lakhs.
- Net Profit for the quarter ended December 2025 fell sharply to ₹24.73 Lakhs versus ₹83.49 Lakhs in Q3 FY25.
- Board approved a material related party transaction for an intercorporate loan of ₹15,000 Lakhs to subsidiary Suntech Infraestate Nagpur Pvt Ltd.
- The Board decided to defer the consideration of the proposed Scheme of Merger/Amalgamation.
- 9M FY26 PAT stands at ₹117.52 Lakhs, up from ₹97.21 Lakhs in the corresponding nine-month period of the previous year.
Shradha Realty (formerly Shradha Infraprojects) reported a standalone net profit of ₹30.48 Lakhs for Q3 FY26, representing a 38.8% decline compared to ₹49.80 Lakhs in the same quarter last year. While quarterly revenue grew to ₹502.45 Lakhs from ₹432.04 Lakhs, higher operating expenses impacted the bottom line. For the nine-month period, the company performed better with a net profit of ₹117.52 Lakhs, up from ₹75.83 Lakhs YoY. Significant developments include the approval of a ₹150 Crore intercorporate loan to its subsidiary and the deferment of a proposed merger scheme.
- Standalone Q3 revenue from operations increased 16.3% YoY to ₹502.45 Lakhs.
- Net Profit for the quarter fell to ₹30.48 Lakhs from ₹49.80 Lakhs in the previous year's corresponding quarter.
- Nine-month (9M) Net Profit grew 55% YoY to ₹117.52 Lakhs despite a slight dip in 9M revenue.
- Board approved a material related party transaction involving a ₹15,000 Lakhs (₹150 Crore) loan to subsidiary Suntech Infraestate Nagpur.
- The Board of Directors officially deferred the consideration of the proposed Scheme of Merger/Amalgamation.
Shradha Realty Limited, formerly known as Shradha Infraprojects, has completed the sale of its office property in Nagpur for a total consideration of Rs 6.00 crore. The sale deed for the 378.94 sq. mtr. office block at 'Shradha House' was executed on February 11, 2026, following an initial agreement in January. The transaction was settled via cash consideration with an individual buyer. Simultaneously, the company has officially updated its name to Shradha Realty Limited to align with its business identity.
- Executed sale deed for Office Block No. G1 in Nagpur for an aggregate consideration of Rs 6.00 crore.
- The property involves a built-up area of 378.94 sq. mtr. with a 5.7220% undivided share in the land.
- The transaction was completed as a cash consideration on February 11, 2026.
- Official rebranding from Shradha Infraprojects Limited to Shradha Realty Limited is now in effect.
Shradha Realty Limited, formerly known as Shradha Infraprojects, has successfully executed a sale deed for its property in Nagpur. The asset, an office block measuring approximately 378.94 sq. mtr at 'Shradha House', was sold for a total consideration of Rs. 6.00 crores. The transaction was completed with an individual buyer, Mr. Shailendra Madanlal Verma, for cash consideration. This move follows an initial agreement to sell signed in January 2026, representing a successful asset monetization for the company.
- Sale of 378.94 Sq. Mtr built-up area at Shradha House, Nagpur completed.
- Aggregate cash consideration received is Rs. 6.00 crores inclusive of taxes.
- Sale Deed executed and signed on February 11, 2026.
- The transaction includes a 5.7220% undivided share in the underlying land plot of 1958.22 Sq. Mtrs.
Shradha Realty Limited's step-down subsidiary, Digvijay Shradha Infrastructure Pvt. Ltd., has initiated legal proceedings against Infrasian Construction Private Limited and its associates. The FIR involves allegations of fraud, cheating, and criminal breach of trust regarding a road development project in the Bhandara-Gadchiroli region. While the total claim is approximately ₹2.50 crore, the company expects the consolidated financial impact on its owners to be limited to ₹90.18 lakh. The subsidiary is currently pursuing recovery through legal channels.
- FIR filed under BNS 2023 sections for cheating and criminal breach of trust against Infrasian Construction.
- Total quantum of claims involved in the dispute is approximately ₹2.50 crore.
- Consolidated financial impact on parent company owners is estimated at ₹90.18 lakh (71.36% share).
- The dispute relates to a specific road development project in the Bhandara-Gadchiroli region.
- Legal proceedings were initiated at the Sitabuldi Police Station in Nagpur City.
Shradha Infraprojects Limited has officially changed its corporate name to Shradha Realty Limited. The Ministry of Corporate Affairs issued a fresh Certificate of Incorporation on February 3, 2026, formalizing the transition. This change follows a board meeting outcome previously announced on December 3, 2025. Consequently, the company has amended its Memorandum of Association and Articles of Association to reflect the new identity across all legal documents.
- Official name change from Shradha Infraprojects Limited to Shradha Realty Limited.
- Fresh Certificate of Incorporation issued by the Ministry of Corporate Affairs on February 3, 2026.
- Amendment of Clause I (Name Clause) of the Memorandum of Association.
- Comprehensive update of the Articles of Association to reflect the new corporate title.
- The rebranding follows the initial board proposal initiated on December 3, 2025.
Shradha Infraprojects Limited has officially changed its name to Shradha Realty Limited effective February 3, 2026. The company received a fresh Certificate of Incorporation from the Registrar of Companies (ROC), Central Processing Centre, to formalize this transition. This rebranding likely signals a strategic shift or a more focused approach toward the real estate sector. The change is administrative in nature and does not impact the rights or liabilities of existing shareholders or stakeholders.
- Official name change from Shradha Infraprojects Limited to Shradha Realty Limited.
- Effective date of the name change is February 3, 2026, following ROC approval.
- The company is required to display its former name alongside the new name for a period of two years.
- The change does not affect any existing rights or liabilities of the company's stakeholders.
- The company will proceed with updating its name in the records of the National Stock Exchange (NSE).
Shradha Infraprojects Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The company's Registrar and Share Transfer Agent, Bigshare Services Private Limited, confirmed that no rematerialization requests were received during the quarter ended December 31, 2025. This is a standard administrative filing required by all listed companies to maintain transparency in shareholding records. The announcement has no impact on the company's financial performance or business operations.
- Compliance certificate filed for the quarter ended December 31, 2025
- RTA Bigshare Services confirmed zero rematerialization requests during the period
- Submission adheres to SEBI (Depositories and Participants) Regulations, 2018
- Filing confirms the integrity of the company's electronic shareholding records
Shradha Infraprojects Limited has executed an agreement to sell its office property located at 'Shradha House' in Nagpur for a total consideration of Rs 6.00 crore. The property, comprising 378.94 sq. mtrs of built-up area, is being sold to an individual buyer, Mr. Shailendra Madanlal Verma. This cash transaction follows an in-principle approval granted by the Board of Directors in September 2025. The sale represents a monetization of a specific real estate asset held by the company.
- Sale of 378.94 Sq. Mtr office space in Nagpur for an aggregate consideration of Rs 6.00 crore
- Transaction involves a cash consideration inclusive of all applicable taxes and duties
- Agreement signed on January 4, 2026, following board approval dated September 10, 2025
- The buyer is an individual, Mr. Shailendra Madanlal Verma, with no reported related-party interest
Shradha Infraprojects Limited has executed a Deed of Cancellation for a previously announced property sale. The agreement involved the sale of Office Block No. G1 at 'Shradha House' in Nagpur for a consideration of ₹6.00 Crores. The original agreement was signed on October 4, 2025, with Mr. Shoeb Rafiq Mohammad. The company has officially stated that this cancellation will not have any material adverse impact on its financial position or ongoing operations.
- Cancellation of sale agreement for Office Block No. G1, Ground Floor, Shradha House, Nagpur.
- The transaction was valued at an aggregate consideration of ₹6.00 Crores.
- The original agreement to sale was registered on October 4, 2025.
- Management confirms no material adverse impact on the company's financial health or operations.
Shradha Infraprojects Limited has officially closed its trading window for all designated persons starting January 1, 2026. This routine regulatory measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the announcement of financial results for the third quarter ending December 31, 2025. The window will remain closed until 48 hours after the Standalone and Consolidated financial results are made public. The specific date for the Board of Directors meeting to approve these results will be communicated at a later time.
- Trading window closure effective from January 1, 2026.
- Closure pertains to the financial results for the quarter (Q3) ending December 31, 2025.
- Restriction applies to all Directors, Promoters, Designated Employees, and Connected Persons.
- The window will reopen 48 hours after the official announcement of financial results.
- Board meeting date for result approval to be announced in due course.
Financial Performance
Revenue Growth by Segment
The company reported an annual consolidated turnover of INR 106.59 Cr (INR 10,658.65 lakh) for FY 2024–25. Specific percentage growth by segment is not disclosed in the provided documents.
Geographic Revenue Split
Operations appear concentrated in Nagpur, Maharashtra, where the registered office and major property acquisitions (INR 37.18 Cr) are located. Specific regional percentage splits are not disclosed.
Capital Expenditure
Planned and historical expenditure includes a lump sum consideration of INR 37.18 Cr (INR 37,17,50,000) for the purchase of a property with an RCC building structure by subsidiary Solus Ventures LLP in December 2025. Additionally, INR 11.60 Cr is allocated for the acquisition of preference shares in SINPL.
Credit Rating & Borrowing
The acquisition of SINPL preference shares for INR 11.60 Cr is funded entirely through internal accruals, resulting in 0% financial indebtedness for this transaction. General borrowing costs and credit ratings are not disclosed.
Operational Drivers
Raw Materials
Land and finished RCC (Reinforced Cement Concrete) building structures represent the primary assets/inputs for the realty business, as evidenced by the INR 37.18 Cr property acquisition.
Import Sources
Sourcing appears localized to Nagpur, Maharashtra, based on the location of the acquired property and the registered office.
Key Suppliers
Sarthak Electromech Private Limited is identified as a major vendor/seller for a property transaction valued at INR 37.18 Cr.
Capacity Expansion
The company is expanding its asset base through the acquisition of a finished RCC building structure in Nagpur for INR 37.18 Cr and consolidating 100% ownership of Suntech Infraestate Nagpur Private Limited (SINPL).
Manufacturing Efficiency
Not applicable as the company operates in the infrastructure and realty sectors.
Strategic Growth
Growth Strategy
Growth will be achieved through the consolidation of 100% ownership (equity and preference) of Suntech Infraestate Nagpur Private Limited to improve financial integration. The company is also executing a strategic rebranding to 'Shradha Realty' to align with its expanding business focus and has committed INR 37.18 Cr to new property acquisitions to grow its real estate portfolio.
Products & Services
Real estate development projects, infrastructure projects, and finished RCC building structures.
Brand Portfolio
Shradha, Shradha Infraprojects, and the proposed Shradha Realty.
New Products/Services
The company is pivoting its primary identity toward 'Realty' services, moving away from a general 'Infraprojects' label.
Market Expansion
Expansion is focused on consolidating the Nagpur market through subsidiaries like Solus Ventures LLP and Suntech Infraestate Nagpur Private Limited.
Strategic Alliances
Key internal alliances include Solus Ventures LLP (fellow subsidiary), Active Infrastructures Limited (subsidiary), and Riaan Ventures Private Limited (promoter group partner).
External Factors
Industry Trends
The industry is seeing a shift toward specialized realty branding and consolidation of subsidiary holdings to improve transparency, which the company is following through its name change and 100% SINPL ownership goal.
Competitive Landscape
Competes with other regional real estate and infrastructure developers in the Maharashtra region.
Competitive Moat
The company's moat is built on its established presence in the Nagpur region and its ability to fund significant acquisitions (INR 11.60 Cr) through internal accruals rather than debt.
Macro Economic Sensitivity
Highly sensitive to interest rate changes affecting real estate demand and urban development policies in Maharashtra.
Consumer Behavior
Demand is driven by the need for finished commercial and residential RCC structures in developing urban hubs.
Geopolitical Risks
Low, given the localized nature of real estate and infrastructure operations in Nagpur.
Regulatory & Governance
Industry Regulations
Operations are governed by the Companies Act 2013 and specific real estate development norms. The company is currently seeking shareholder approval for a material Related Party Transaction under Regulation 23(1) of SEBI LODR.
Risk Analysis
Key Uncertainties
The primary uncertainty involves the successful approval and integration of the material related party transaction (10.88% of turnover) and the market reception of the new 'Shradha Realty' brand.
Geographic Concentration Risk
High geographic concentration risk with major assets and registered offices located in Nagpur, Maharashtra.
Third Party Dependencies
Significant dependency on promoter group entities (Riaan Ventures) for the consolidation of subsidiary shares.
Credit & Counterparty Risk
The company maintains trade receivables as a significant portion of its asset base, though specific credit quality metrics are not provided.