Darjeeling Industriies Ltd (DARJEELING) Share Price & Fundamentals

What we do

Darjeeling Industriies Ltd, formerly Darjeeling Ropeway Company Limited, operates in real estate via works contract, transitioning under new management since 2018.

Founded in

1,936

Market share

Niche player focusing on real estate contracts in Gujarat; modest revenue scale with ongoing restructuring.

Problem solved

Offers real estate construction services addressing infrastructure and development needs in Gujarat.

Top clients or who we serve

B2B clientele primarily in construction and real estate sectors within Gujarat.

Key management

Ashok Dilipkumar Jain, Managing Director; Himanshu Shah, former CEO; experienced team in Gujarat construction industry.

Our journey and innovations

Incorporated in 1936; acquired by new management in 2018 shifting focus to construction and real estate activities.

Where we operate

Mainly Gujarat, India, with operations headquartered in Mumbai.

Top products or what we offer

Real estate development services delivered on a works contract basis.

Top brands

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Raw materials needed

Construction materials required as per project needs (details not specified).

Raw materials supplier

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Recurring vs cyclical contribution

Revenue is project-based and thus cyclical rather than recurring.

Our industry position

A small player with emerging presence in Gujarat's real estate construction market.

Financial highlights

FY 2024-25 revenue: Rs. 91.01 lakhs; net loss: Rs. 26.69 lakhs; no prior FY revenue for comparison.

Geographical revenue split

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Order book

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Whats driving growth

Renewed management focus, enhanced contract acquisition efforts in Gujarat's real estate market.

Our future plans

Potential capital infusion via convertible warrants; focus on scaling real estate projects in Gujarat.

Our green promise

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Our people and values

Committed leadership team with experience in construction; emphasis on ethical business practices.

Key challenges ahead

Improving profitability, securing contracts, and overcoming competitive industry pressures.

Interesting facts

Originally a ropeway company since 1936, refocused on real estate since 2018 with new promoters.

Risks and strategy

Market volatility and project risk; strategy involves strengthening contracts and governance.