Cityman Ltd (CITYMAN) Share Price & Fundamentals

What we do

Cityman Limited manufactures and markets branded ready-made garments and is engaged in real estate development including building construction and land brokerage.

Founded in

1,992

Market share

Niche player with minimal current market presence; transitioning focus to real estate projects.

Problem solved

Provides branded apparel and real estate solutions responding to urban lifestyle and property development needs.

Top clients or who we serve

Primarily serves retail consumers in apparel and real estate sectors in India; B2C and B2B mixed.

Key management

Santhosh Joseph Karimattom, Managing Director, long-standing promoter guiding strategic shifts.

Our journey and innovations

Started with garment manufacturing in 1992; shifted to real estate around 2012 focusing on waterfront property at Cochin; awaiting project approvals.

Where we operate

Domestic operations focused in India, notably Bangalore and Kerala regions.

Top products or what we offer

Branded readymade garments; real estate development projects including land acquisition, construction, and brokerage.

Top brands

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Raw materials needed

Textiles and fabric for garments; real estate relies on land and construction materials.

Raw materials supplier

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Recurring vs cyclical contribution

Currently no revenue; future real estate sales anticipated to be cyclical.

Our industry position

Currently minimal commercial activity; rebuilding presence through real estate and brand repositioning.

Financial highlights

No revenue in FY2025; net loss of INR 3.14 million; negative net worth reflecting operational dormancy.

Geographical revenue split

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Order book

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Whats driving growth

Real estate project development and approvals pending; repositioning from apparel manufacturing to property sector.

Our future plans

To commence development projects at Panangad, Kerala, pending necessary governmental approvals.

Our green promise

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Our people and values

Small team of three employees; corporate governance focused on compliance and ethical business conduct.

Key challenges ahead

Awaiting regulatory approvals; lack of commercial operations; financial restructuring needed.

Interesting facts

Originally started as Cityman Clothings (India) Limited; rebranded in 2009; early mover in waterfront project in Cochin.

Risks and strategy

Risk from project delays and financial losses; strategy to diversify into real estate while maintaining governance standards.