What we do Jet Solar Ltd is a Mumbai-headquartered real estate development company focused on affordable quality residential projects primarily in Maharashtra and Gujarat. |
Founded in 2,001 |
Market share Established presence in Maharashtra and Gujarat with completed projects like Jet Excellency and Samarth Residency. |
Problem solved Providing affordable, quality housing to customers without compromising construction standards. |
Top clients or who we serve Retail homebuyers in Maharashtra and Gujarat, focusing on residential segment (B2C). |
Key management Rajul Shah, Managing Director, leads the company with extensive real estate experience. |
Our journey and innovations Started as Jet Info India in 2001, transitioned to real estate in 2006; completed multiple residential and commercial projects since 2015. |
Where we operate Operations primarily in Maharashtra and Gujarat, India. |
Top products or what we offer Affordable residential housing projects including Jet Excellency (Navsari), Sai Residency and Samarth Residency (Alibaug). |
Top brands Jet Excellency - completed residential project in Gujarat; Samarth Residency - completed project in Maharashtra; Nandanvan Business Centre - commercial project in Mumbai. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly cyclical, linked to real estate project completions and sales. |
Our industry position Mid-size regional player with growing footprint in affordable housing markets in Western India. |
Financial highlights FY2025 revenue Rs. 1.31 crore with profit after tax Rs. 0.40 crore; reserves at Rs. 6.86 crore indicating capital buildup. |
Geographical revenue split Revenue primarily from Maharashtra and Gujarat markets. |
Order book - |
Whats driving growth Affordable housing demand, successful completion and sale of residential projects, infusion of fresh capital via preferential share allotment. |
Our future plans Expansion into solar business division to diversify revenue; continued real estate development in existing markets. |
Our green promise - |
Our people and values Focus on integrity, compliance with legal and ethical standards, and zero tolerance for corruption. |
Key challenges ahead Managing cyclical real estate market risks, timely project execution, and successful diversification into solar sector. |
Interesting facts Transitioned from computer education business to real estate over two decades ago, enhancing focus and scale. |
Risks and strategy Market cyclicality mitigated by diversified customer base and infusion of equity capital to support growth. |
