What we do Ganesh Housing Limited is a real estate developer focused on residential, commercial, and infrastructure projects primarily in Ahmedabad, India. |
Founded in 1,991 |
Market share Leading developer with one of Ahmedabad's largest land banks (~500 acres) and strong brand recognition in Gujarat's affordable housing market. |
Problem solved Addresses demand for quality, affordable residential and commercial real estate with transparency, timely delivery, and modern infrastructure. |
Top clients or who we serve Homebuyers and businesses in Ahmedabad; B2C residential buyers and B2B commercial and retail tenants. |
Key management Shekhar Patel (MD & CEO) with 31+ years experience; strong leadership team with deep real estate expertise. |
Our journey and innovations From IPO in 1993, expanded land bank and project portfolio, pioneered IT SEZ development, adopted precast construction and sustainability practices. |
Where we operate Primarily Ahmedabad and surrounding regions in Gujarat, India with local real estate developments and commercial projects. |
Top products or what we offer Residential apartments and townships, commercial office parks, IT SEZ developments like Million Minds Tech Park, retail spaces. |
Top brands Projects include Malabar County, Malabar Exotica, Maple Tree Gardens, Million Minds IT SEZ, One 91 Thaltej commercial project. |
Raw materials needed Construction materials such as cement, steel, precast concrete elements, and finishing materials. |
Raw materials supplier Local and regional suppliers coordinated through experienced procurement teams. |
Recurring vs cyclical contribution Revenue mostly cyclical tied to project sales milestones with some recurring lease rental income from commercial properties. |
Our industry position Market leader in Ahmedabad's real estate with strong execution track record and significant land reserves. |
Financial highlights FY25 consolidated revenue INR 959.76 Cr, net profit INR 598.06 Cr, debt-free status maintained, strong EBITDA margins (~82%). |
Geographical revenue split 100% revenues generated from operations within India, mainly Ahmedabad region. |
Order book Strong order book with ongoing large projects like Malabar Retreat and Million Minds Phase 1 nearing completion. |
Whats driving growth Robust urbanization in Ahmedabad, strategic land bank, execution excellence, commercial leasing demand, and township developments. |
Our future plans Launch of One 91 Thaltej commercial project and expansion of Million Minds SEZ with over 30 million sq ft planned. |
Our green promise Focus on sustainable construction, IGBC platinum certification, Miyawaki plantation, and modern environmental standards. |
Our people and values 111 permanent employees with a culture emphasizing innovation, transparency, timely delivery, and customer trust. |
Key challenges ahead Regulatory compliance, market cyclicality, competition, and maintaining project delivery timelines are ongoing challenges. |
Interesting facts First IT SEZ project in Ahmedabad with global partner Tishman Speyer; awarded national acclaim for precast tech in residential projects. |
Risks and strategy Market demand fluctuations mitigated through land diversification, robust financial health, and focus on premium developments. |
