What we do Grovy India Limited is a real estate development and consultancy firm focused on property development and trading financial instruments, primarily in South Delhi. |
Founded in 1,985 |
Market share Known for boutique residential properties in prime South Delhi, holding significant market presence in luxury real estate. |
Problem solved Addresses demand-supply gap in upscale South Delhi residential real estate with redevelopment and turnkey projects. |
Top clients or who we serve Serves residential property buyers, developers, and investors in high-end South Delhi markets; B2C focus. |
Key management PC Jalan (Chairman, Chartered Accountant), Nishit Jalan (CEO, Engineer BITS Pilani), Ankur Jalan (CFO, Urban Planning Expert). |
Our journey and innovations Established 1985, merged with related firms in 2019, completed 100+ projects, adoption of modern construction technologies. |
Where we operate Primarily South and Lutyens Delhi, India. |
Top products or what we offer Residential boutique property development, turnkey construction, joint ventures, and property consultancy services. |
Top brands Grovy’s boutique residential developments are flagship offerings with premium quality and prime location. |
Raw materials needed Construction materials sourced locally as per project requirements. |
Raw materials supplier Multiple local suppliers for construction materials and consultancy services. |
Recurring vs cyclical contribution Revenue largely cyclical aligned with project milestones and real estate market cycles. |
Our industry position Recognized niche leader in South Delhi boutique residential real estate with steady growth. |
Financial highlights FY 2024-25 Revenue ₹25.4 Cr, Net Profit ₹1.79 Cr; FY 2025-26 Q3 revenue ₹27.45 Cr, PAT ₹2.01 Cr showing upward trend. |
Geographical revenue split Revenue primarily from real estate projects within Delhi region. |
Order book Active construction projects in Greater Kailash, Hauz Khas, Anand Niketan with steady project pipeline. |
Whats driving growth Increasing demand in luxury South Delhi real estate, redevelopment opportunities, and strategic collaborations drive growth. |
Our future plans Exploring ₹40 crore capital raise, expanding collaborative projects, and increasing new development launches in targeted localities. |
Our green promise - |
Our people and values Skilled team of engineers, architects, planners; emphasis on teamwork, ethics, and employee development. |
Key challenges ahead Regulatory delays, market fluctuations, and real estate price volatility pose risks. |
Interesting facts Over 100 completed projects and 500+ satisfied customers in ultra-premium real estate niche. |
Risks and strategy Mitigate market and regulatory risks via diversification, strong governance, and project execution excellence. |
