What we do Mahesh Developers Ltd specializes in civil construction and real estate development, primarily operating in Mumbai's prime residential sectors. |
Founded in 2,008 |
Market share Established local presence with completed over 125 projects in prime Mumbai areas; niche player in residential construction. |
Problem solved Provides quality residential construction services addressing urban housing needs in premium Mumbai neighborhoods. |
Top clients or who we serve Serves real estate developers and homeowners in upscale Mumbai localities; focuses on B2B and B2C segments. |
Key management Mahesh Ratilal Sapariya (Managing Director) leads the company with a strong construction industry background since 1970. |
Our journey and innovations Founded in 2008, became public in 2017; completed numerous high-rise residential projects in Mumbai metropolitan area. |
Where we operate Operations concentrated in Mumbai, including Khar, Bandra, Andheri, Santacruz, Juhu, and Goragown. |
Top products or what we offer Residential building construction and real estate project development focusing on multi-floor apartment complexes. |
Top brands - |
Raw materials needed Concrete, steel, cement, bricks, and construction finishing materials. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is project-based and cyclical, dependent on construction project lifecycles. |
Our industry position Recognized regional contractor with reputable clientele; no dominant market share but solid local reputation. |
Financial highlights FY 2024-2025 revenue approx. Rs. 49.5 Crore with a small net profit margin; recent years show stable but modest profits. |
Geographical revenue split Revenue primarily from Mumbai metropolitan region projects. |
Order book - |
Whats driving growth Growth driven by ongoing residential projects and demand in Mumbai's premium housing sector. |
Our future plans Focus on completing existing projects with no major new projects underway as of FY 2025. |
Our green promise No specific sustainability initiatives reported. |
Our people and values Led by experienced management with a small, skilled workforce committed to quality delivery. |
Key challenges ahead Limited project pipeline and competition; maintaining profitability in a cyclical real estate market. |
Interesting facts Promoted by a founder with over five decades in construction; transitioned from private to public in 2017. |
Risks and strategy Minimal risk exposure; strategy focuses on project completion and maintaining client trust. |
