Popular Estate Management Ltd (POPULARES) Share Price & Fundamentals

What we do

Popular Estate Management Ltd is a real estate company based in Ahmedabad, India, specializing in residential, commercial, and infrastructure projects since 1965.

Founded in

1,994

Market share

Recognized as a leading real estate developer in Ahmedabad with longstanding industry presence.

Problem solved

Provides real estate development and construction services to meet housing and commercial infrastructure needs.

Top clients or who we serve

Residential and commercial developers, architects, consultants, and clients in Ahmedabad's real estate sector; primarily B2B and B2C.

Key management

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Our journey and innovations

Started as a financial services company in 1994, transitioned to IT and then real estate in 2008, continuing a legacy since 1965.

Where we operate

Mainly Ahmedabad, India, with focus on local residential and commercial markets.

Top products or what we offer

Real estate development, construction services for residential and commercial projects, infrastructure-related projects.

Top brands

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Raw materials needed

Construction materials such as cement, steel, bricks, and other building supplies.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue is cyclical, dependent on project cycles and real estate market conditions.

Our industry position

Well-positioned in Ahmedabad's real estate market with a history dating back over five decades.

Financial highlights

FY2024-25 revenue was nil with a net loss of Rs. 35.5 lakhs; recovering from previous losses.

Geographical revenue split

Revenue primarily from Ahmedabad region; no international operations.

Order book

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Whats driving growth

Revitalization of real estate projects and infrastructure investments in Ahmedabad.

Our future plans

Focus on improving financial performance and completing ongoing or new real estate projects.

Our green promise

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Our people and values

Emphasizes ethical conduct, governance, and employee relations with a focus on professionalism.

Key challenges ahead

Recovering from recent losses and navigating cyclical real estate market fluctuations.

Interesting facts

Company evolved from finance to IT and now real estate since founding in 1994; founding group's experience since 1965.

Risks and strategy

Mitigating market cyclicality and financial risks through governance and strategic project selection.