What we do HB Estate Developers Limited develops and manages commercial and residential real estate and owns a hotel operating under the Vivanta by Taj brand in Gurgaon, Haryana. |
Founded in 1,994 |
Market share Not a market leader but a notable real estate and hotel operator with growing presence post-listing in 2025. |
Problem solved Provides quality commercial, residential property developments and premium hospitality services to meet urban lifestyle and accommodation needs. |
Top clients or who we serve Serves property buyers, investors, corporate clients and hospitality guests across India (B2B and B2C). |
Key management - |
Our journey and innovations Founded in 1994, the company expanded into hospitality with Vivanta by Taj in 2013 and merged real estate businesses strengthening portfolio. |
Where we operate Primarily operates in India with hotel presence in Gurgaon and real estate developments in multiple locations. |
Top products or what we offer Real estate developments including commercial and residential complexes; hotel operations under Vivanta by Taj brand. |
Top brands Vivanta by Taj Gurgaon - a key hotel asset; Parsvnath HB Projects Pvt Ltd. as associate in real estate. |
Raw materials needed Construction materials like cement, steel and architectural supplies for real estate development. |
Raw materials supplier Local and regional suppliers and contractors; specifics not disclosed. |
Recurring vs cyclical contribution Revenue is a mix of cyclical real estate sales and recurring hotel operations income. |
Our industry position Emerging player in real estate with notable hotel presence; not a dominant market leader but expanding post amalgamations. |
Financial highlights FY 2024-25 revenue Rs. 117.7 Cr with Rs. 10.79 Cr net profit, showing significant growth over prior years. |
Geographical revenue split Revenue mainly from Gurgaon hotel and Indian real estate projects; no international revenue disclosed. |
Order book - |
Whats driving growth Growth driven by enhanced hotel operations, real estate acquisitions and strategic mergers boosting income streams. |
Our future plans Focus on consolidating real estate assets, expanding hospitality services and leveraging new market opportunities post-listing. |
Our green promise No specific ESG initiatives highlighted; company policies emphasize governance and compliance. |
Our people and values Employs 17 in corporate and 243 in hotel operations; promotes diversity, compliance and ethical governance. |
Key challenges ahead Real estate market volatility, regulatory changes, and maintaining profitability in hotel segment remain challenges. |
Interesting facts Successful merger of real estate businesses and hotel operational launch under a reputed brand mark milestones. |
Risks and strategy Mitigates market and operational risks through diversification and compliance; focuses on sustainable growth. |
