What we do Eldeco Housing & Industries Ltd develops residential, commercial properties and townships primarily in Lucknow, offering quality construction, timely delivery, and customer service. |
Founded in 1,985 |
Market share A prominent real estate developer in North India with a strong leadership in Lucknow and growing presence across Tier I, II, and III cities. |
Problem solved Provides quality housing and commercial spaces addressing urbanization and real estate demand with timely deliveries. |
Top clients or who we serve Retail home buyers, commercial tenants, real estate investors in North India, primarily B2C with certain B2B commercial developments. |
Key management Mr. Pankaj Bajaj (Chairman & Managing Director, MBA IIM Ahmedabad), Mr. Manish Jaiswal (Group CEO, PGDM IIM Calcutta), Mr. Rajiv Khurrana (VP Accounts & Taxation, CA, CWA), Mr. SK Jaggi (COO) |
Our journey and innovations Since 1985, delivered over 200 projects totaling over 1.6 crore sq. ft., expanded from small projects to large townships; recent launches include Eldeco Trinity and Latitude 27. |
Where we operate Primarily in Lucknow, Uttar Pradesh; expanding footprint in North India with projects in Kanpur, Agra, Ghaziabad and Faridabad. |
Top products or what we offer Residential apartments, villas, townships, commercial complexes, retail plazas, and group housing projects. |
Top brands Eldeco Udyan, Eldeco Regalia, Eldeco Saubhagyam, Eldeco Trinity, Eldeco Latitude 27, Eldeco Imperia; known for quality and dependable delivery. |
Raw materials needed Cement, steel, bricks, construction aggregates, finishing materials, labor and construction equipment. |
Raw materials supplier Local and regional suppliers in North India; specific names not disclosed. |
Recurring vs cyclical contribution Primarily cyclical revenue tied to project completions and real estate market conditions. |
Our industry position Key real estate player in Lucknow with over 30 completed townships and a strong project pipeline supporting steady growth. |
Financial highlights FY25 consolidated revenue Rs.134 crores; PAT Rs.21.5 crores; steady YoY revenue and profit growth; Q3 FY26 bookings up 29% YoY. |
Geographical revenue split 100% revenue from operations within India, primarily Uttar Pradesh region. |
Order book Receivables and bookings over Rs.360 crores in 9MFY26, reflecting strong demand and execution pipeline. |
Whats driving growth Urbanization in Lucknow, strong brand, timely deliveries, expansion into commercial developments, robust booking and collections growth. |
Our future plans Launch of new luxury residential and commercial projects including Eldeco Trinity, Hanging Gardens and Skywalk series; continued land acquisitions. |
Our green promise Waste management, sewage treatment, rainwater harvesting, solar installations, and eco-friendly construction practices across projects. |
Our people and values Employee base of 68 permanent staff; focus on ethics, customer service, diversity and professional growth. |
Key challenges ahead Managing cyclical real estate demand, regulatory changes, competition, timely project delivery, capital management. |
Interesting facts Over 40 years in real estate with 200+ projects delivered; awards include Builders Excellence and recognized among top North Indian developers. |
Risks and strategy Market cyclicality mitigated by diversified project mix and customer advances; ongoing focus on governance and financial discipline. |
