| Real Estate Development | Development and sale of residential, commercial plots, buildings, shops, and industrial spaces. | Strong local brand, ISO certification, strategic land bank, and CREDAI membership enabling quality and trust. | Primarily B2C homebuyers and commercial tenants in Nagpur. | Residential luxury projects and commercial retail spaces. | 108 | 90 | Revenue from property sales and development projects; income recognized on project completion and milestones. | Project-based sales with negotiated pricing; no recurring revenue model. | Urbanization in Nagpur, increase in housing demand, strategic land acquisitions, and brand reputation. | Kesar Signature, Kesar Vihar, Kesar 45, Kesar 29, Kesar Garden, Kesar Shree |
| Share Trading Business | Trading in equity shares as a secondary business activity. | No specific moat; secondary activity supporting primary business cash flows. | Primarily internal; investment activity to support treasury. | Market timing and investment decisions. | 12 | 10 | Profits from buying and selling shares. | Market-based trading profits; non-recurring and opportunistic. | Favorable stock market conditions and treasury management. | |
