Raja Bahadur International Ltd (RAJABAH) Share Price & Fundamentals

What we do

Raja Bahadur International Ltd is a leading real estate developer in Pune, specializing in commercial and residential projects, with past diversification in manufacturing and power generation.

Founded in

1,926

Market share

Recognized for quality construction with notable projects like Raja-Shree Business Park and Pittie Kourtyard, catering to Pune's growing real estate demand.

Problem solved

Provides high-quality office, retail, and residential spaces addressing Pune's rising urbanization and commercial real estate needs.

Top clients or who we serve

Serves corporate tenants including Tata Consultancy Services, retail clients, and residential buyers in Pune's urban markets (B2B and B2C).

Key management

Shridhar Pittie - Chairman & Managing Director; Umang Pittie & Vaibhav Pittie - Executive Directors; Narayan V. Kamath - Independent Director.

Our journey and innovations

Founded in 1926, originally manufacturing textiles and precision equipment, exited manufacturing to focus on real estate and renewable power; launched multiple successful projects since 2017.

Where we operate

Primarily Pune, Maharashtra, India.

Top products or what we offer

Commercial office spaces, retail towers, and residential complexes such as Raja-Shree Business Park, Pittie Kourtyard, and RBCT-1.

Top brands

PITTIE brand in manufacturing legacy; Raja-Shree Business Park - Prime IT office space; Pittie Kourtyard - Premium residential.

Raw materials needed

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Raw materials supplier

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Recurring vs cyclical contribution

Revenue largely cyclical related to real estate project completions and leasing income.

Our industry position

Leading real estate developer in Pune with strong presence in commercial and residential segments.

Financial highlights

FY 2024-25 Revenue ₹27.75 crore; Net Loss ₹0.96 crore; increased revenues but impacted by higher deferred tax and finance costs.

Geographical revenue split

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Order book

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Whats driving growth

Demand for commercial and residential real estate in Pune, urbanization, economic growth, infrastructure improvements.

Our future plans

Completion of RB-101 (Wing A) project in 2025-26 and launch of RB-101 (Wing B) to expand retail offerings.

Our green promise

Invests in power generation from non-conventional sources, energy conservation initiatives in operations.

Our people and values

Employs 43 permanent staff focusing on quality, safety, and employee relations; family-led management culture.

Key challenges ahead

Project execution risks, regulatory delays, labor availability, rising interest rates, and raw material cost inflation.

Interesting facts

Company founded in pre-independence India; transitioned from textile manufacturing to pioneering real estate in Pune.

Risks and strategy

Mitigates regulatory, labor, and financial risks via careful planning, strong controls, and reputed contractors.