What we do Prime Urban Development India Ltd is primarily engaged in real estate development with a legacy in textile manufacturing, evolving into property and project consultancy services. |
Founded in 1,936 |
Market share A niche player in Indian real estate and textile market with growing overseas project consultancy operations. |
Problem solved Provides quality residential and commercial real estate solutions and project consultancy services to meet urban housing demand. |
Top clients or who we serve Serves buyers and investors in residential real estate and institutional clients for consultancy; B2C and B2B segments. |
Key management - |
Our journey and innovations Founded as Asher Textiles in 1936, transitioned through textile modernization and diversified into realty and international consultancy by 2020. |
Where we operate India with expanding presence in USA through subsidiary offering project management and consultancy. |
Top products or what we offer Flagship residential complex 'Prime Enclave Vistas', real estate developments, and project management services via overseas subsidiary. |
Top brands Prime Enclave Vistas - residential complex completed in 2015; Prime Urban North America Inc. - project consultancy. |
Raw materials needed Cotton and textile-related raw materials utilized during textile phase; real estate uses standard construction materials. |
Raw materials supplier Various local and international suppliers historically for textiles; construction suppliers for realty segment. |
Recurring vs cyclical contribution Revenue largely cyclical, driven by real estate project completions and sales. |
Our industry position Moderate regional presence as a real estate developer; niche international consultancy presence via subsidiary. |
Financial highlights Reported revenue of Rs. 87.92 crores with net profit of Rs. 0.57 crore in fiscal year ending March 2025. |
Geographical revenue split Primarily India with emerging revenue from USA consultancy operations. |
Order book - |
Whats driving growth Real estate demand in urban India, strategic overseas expansion, and leveraging legacy textile infrastructure. |
Our future plans Focus on expanding real estate projects and growing international consultancy footprint. |
Our green promise No specific disclosures on sustainability or ESG initiatives to date. |
Our people and values Employee-focused culture with emphasis on governance, compliance, and workplace safety. |
Key challenges ahead Market cyclicality, competition in realty, and evolving regulatory landscape in India. |
Interesting facts Company has evolved over 85 years from textiles to urban real estate and international consultancy. |
Risks and strategy Mitigates cyclical real estate risks through diversification and maintaining compliance with financial controls. |
