What we do Arihant Superstructures Ltd is a real estate developer specializing in residential projects across Navi Mumbai and Jodhpur, with offerings across premium, mid-income, and affordable segments. |
Founded in 1,999 |
Market share One of the largest developers in Navi Mumbai, leading with significant market share in MMR and expanding presence in Rajasthan. |
Problem solved Provides quality housing solutions across income segments, addressing affordable to premium residential needs with strong execution and timely deliveries. |
Top clients or who we serve Residential customers in Navi Mumbai and Jodhpur including mid-income and affordable housing buyers, plus luxury villa clients and annuity income segment. |
Key management Chairman & Managing Director: Ashokkumar B. Chhajer; Whole-time Directors: Nimish Shah, Parth Chhajer; CFO: Udit Kasera (IIM Bangalore, CA, CFA). |
Our journey and innovations Founded in 1999, expanded from land acquisition to integrated real estate development. Delivered 12,000+ units across 62 projects, launched luxury villas and hospitality ventures recently. |
Where we operate Mumbai Metropolitan Region including Navi Mumbai, Panvel, Kalyan areas and Jodhpur, Rajasthan. |
Top products or what we offer Residential apartments across segments, luxury villas (World Villas), commercial projects, and annuity income projects like 5-star hotel and gymkhana. |
Top brands Arihant Aspire, Arihant Aayan, Arihant Aradhya, Arihant Anaika, World Villas - luxury gated township with club and hotel. |
Raw materials needed Construction materials including cement, steel, bricks, tiles, electrical and plumbing fixtures sourced via vendors and contractors. |
Raw materials supplier Suppliers from local markets and infrastructure vendors specific to Maharashtra and Rajasthan regions. |
Recurring vs cyclical contribution Revenue is largely cyclical, tied to real estate sales cycles; annuity income projects provide recurring revenue streams. |
Our industry position Leading affordable and mid-income residential developer in Navi Mumbai; expanding leadership in luxury villa segment; strong brand recall and timely project delivery. |
Financial highlights Consolidated FY 2024-25 revenue approx Rs. 503 Crores, PAT Rs. 55 Crores; steady growth with 17,500 units under development valued at INR 125 billion. |
Geographical revenue split Majority revenue from Mumbai Metropolitan Region; significant growing contribution from Jodhpur, Rajasthan. |
Order book Gross development potential doubled to INR 12,500 Crore in FY 2025 with 19 ongoing projects and multiple future launches across Mumbai and Rajasthan. |
Whats driving growth Infrastructure development in Navi Mumbai, Navi Mumbai International Airport, Metro expansions, strategic land acquisitions and diversified product portfolio drive growth. |
Our future plans Expansion into luxury villas, sports and hospitality segments; new projects launched in FY 2025 including 88-acre Town Villas; increasing annuity income streams. |
Our green promise Use of rainwater harvesting, organic waste composting, energy-efficient designs, IGBC platinum certification for select projects promoting sustainability. |
Our people and values Strong professional management with 510 employees including subsidiaries; emphasis on diversity, inclusion, safety training and ethical corporate governance. |
Key challenges ahead Managing cyclical real estate demand fluctuations, regulatory compliance, increased cost of materials and competition in MMR market. |
Interesting facts Delivered over 12,000 housing units; first gated luxury villa township with 5-star hotel and gymkhana; recognized for quality with multiple industry awards. |
Risks and strategy Risks from cyclical real estate market mitigated by diversified segment presence and annuity income projects; focus on operational efficiency and governance. |
