What we do Peninsula Land Ltd is a real estate development company specializing in commercial, retail, and residential projects across India, known for concept-based architecture. |
Founded in 1,871 |
Market share Key player in Mumbai and Pune real estate markets, developing SEZs and luxury residential projects. |
Problem solved Provides premium and affordable housing, commercial spaces, and SEZ developments to meet urban infrastructure and housing demands. |
Top clients or who we serve Serves retail homebuyers, commercial tenants, and institutional investors (B2B, B2C segments). |
Key management Rajeev A. Piramal, Executive Vice Chairman & Managing Director. |
Our journey and innovations Founded as textile unit in 1871, transitioned to real estate in 1997, pioneer in redeveloping Mumbai's textile mill lands into modern business districts. |
Where we operate Primarily Mumbai, Pune, Goa, Nasik with regional offices expanding footprint in western India. |
Top products or what we offer Luxury residential towers (Ashok Towers), retail malls (Crossroads), IT parks (Peninsula Technopark), and SEZ developments. |
Top brands Ashok Towers - Mumbai's first luxury residential tower; Crossroads - Mumbai's first retail mall; Peninsula Corporate Park - iconic commercial space. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly cyclical from property sales; leasing provides recurring rental income streams. |
Our industry position Established developer with leadership in commercial redevelopment in Mumbai and significant presence in residential segments. |
Financial highlights FY 2024-25 consolidated revenue Rs. 257.74 crore; net loss Rs. 36.39 crore reflecting sector challenges. |
Geographical revenue split - |
Order book - |
Whats driving growth Urban redevelopment, luxury housing demand, SEZ initiatives, and strategic joint ventures drive growth. |
Our future plans Expansion of housing projects in Pune; development of real estate platform with Alpha Alternatives and Delta Corp. |
Our green promise Implements energy-efficient equipment and sustainable building practices in offices and developments. |
Our people and values Focus on professional expertise with a legacy culture; diverse workforce aligned with growth aspirations. |
Key challenges ahead Market cyclicality, economic headwinds impacting sales and profitability, ongoing redevelopment competition. |
Interesting facts Developed Mumbai's first retail mall and redeveloped iconic textile mill lands transforming Lower Parel into a business district. |
Risks and strategy Mitigates real estate market risks via diversified portfolio and joint ventures to enhance capital and expertise. |
