What we do Radhe Developers (India) Ltd is a real estate developer focused on residential, commercial, plotting, and social infrastructure projects primarily in Ahmedabad, India. |
Founded in 1,986 |
Market share Established player with significant projects covering approx. 400,000 million sq. ft. in Ahmedabad, holding a niche in design and customer satisfaction. |
Problem solved Addresses housing and commercial property needs with quality construction and sustainable designs. |
Top clients or who we serve Serves residential and commercial property buyers, individual consumers, and real estate investors (B2C focus). |
Key management Ashish P. Patel (Chairman, CEO & Managing Director) |
Our journey and innovations Founded in 1986, public listing in 1995, diversified into biotech briefly, completed notable projects like Tirthdham Apartments and Tulsi Complex. |
Where we operate Operations primarily within India, focused on Ahmedabad region. |
Top products or what we offer Residential homes, commercial complexes, plotting and social infrastructure projects. |
Top brands Tirthdham Apartments, Tulsi Complex |
Raw materials needed Construction materials like cement, steel, bricks, and glass. |
Raw materials supplier Local and regional construction material suppliers |
Recurring vs cyclical contribution Revenue mainly cyclical, tied to project completions and real estate market cycles. |
Our industry position Competitive regional developer, well-recognized in Ahmedabad’s real estate sector. |
Financial highlights FY 2025 Revenue: Rs. 76.58 crore; Net Profit: Rs. 13.46 crore; turnaround from prior loss. |
Geographical revenue split 100% revenue generated within India. |
Order book Not explicitly disclosed. |
Whats driving growth Growing demand for residential and commercial space in Ahmedabad and strategic project execution. |
Our future plans Continue expansion with ongoing projects, focus on sustainable design and customer satisfaction. |
Our green promise Emphasizes sustainability in design and project execution. |
Our people and values Committed to ethical business, diversity; employee strength of 15 as of 2025. |
Key challenges ahead Market fluctuations, regulatory changes, and construction cost volatility. |
Interesting facts Converted unsecured loan into equity in 2024, listed on BSE since 1995. |
Risks and strategy Risk management policy in place; focus on disciplined execution and compliance. |
