What we do Parsvnath Developers Ltd is a real estate company involved in integrated townships, residential, commercial, retail, DMRC station development, hotels, IT parks, SEZ projects. |
Founded in 1,990 |
Market share Established with 14 township developments and DMRC projects, significant presence in Tier-2 cities. |
Problem solved Provides planned urban infrastructure solving housing, commercial, retail space needs in growing Indian cities. |
Top clients or who we serve B2B and B2C clients including banks, retail brands like PVR, KFC, Adidas, and government entities like DMRC. |
Key management - |
Our journey and innovations Pioneer in real estate grading by ICRA, expanded into SEZ, hospitality, film city projects, and multiple DMRC station developments. |
Where we operate Primarily India with projects in Delhi NCR, Haryana, Punjab, Gujarat, Madhya Pradesh, Uttar Pradesh, Rajasthan and others. |
Top products or what we offer Integrated townships, residential complexes, commercial malls, hotel properties, IT parks, and SEZ developments. |
Top brands Parsvnath City, Parsvnath Premium, Parsvnath Paramount, Parsvnath Exotica, Comfort Inn Anneha hotel brand. |
Raw materials needed Construction materials like cement, steel, bricks, electrical and plumbing supplies. |
Raw materials supplier Local and regional construction material suppliers; specifics not disclosed. |
Recurring vs cyclical contribution Revenue is largely cyclical, driven by project completions and sales cycles. |
Our industry position Mid-tier real estate developer with niche in DMRC projects and integrated townships outside metro hubs. |
Financial highlights FY 2024-25 standalone revenue Rs.125 crore, net loss Rs.139 crore; consolidated revenue Rs.303 crore, net loss Rs.347 crore. |
Geographical revenue split - |
Order book - |
Whats driving growth Growth driven by urban expansion, demand in Tier-2 cities, retail and commercial leasing, DMRC project partnerships. |
Our future plans Focus on completing ongoing projects, launching new integrated townships in Karnal, Rohtak, Indore, and expanding hospitality division. |
Our green promise Committed to sustainability; partnered ICLEI for renewable energy and energy efficiency programs in developments. |
Our people and values Emphasizes governance, safety, and inclusive workplace culture; undergoing leadership refreshment and compliance enhancement. |
Key challenges ahead Legal disputes in arbitration, project delays, liquidity constraints, and adapting to market cyclicality. |
Interesting facts First real estate company graded by ICRA-NAREDCO, won large DMRC metro station development rights. |
Risks and strategy Active litigation risks with DMRC, strategy includes arbitration, project diversification, and asset monetization. |
