What we do Rodium Realty Ltd specializes in real estate development and construction, delivering modern residential and commercial projects primarily in Mumbai with global quality standards. |
Founded in 1,993 |
Market share Known for premium housing projects in Mumbai, Rodium holds a distinctive niche focusing on innovative design and build-to-suit solutions. |
Problem solved Provides high-quality, space-optimized housing and commercial properties addressing urban living and commercial space needs in Mumbai. |
Top clients or who we serve Primarily serves residential homebuyers and commercial tenants, focusing on B2C and selective B2B clients in real estate sector. |
Key management Deepak Chheda (Managing Director), Harish Nisar (Whole-Time Director), Rohit Dedhia (Whole-Time Director) |
Our journey and innovations Started as a yarn business in 1993, transitioned fully to real estate by 2010, pioneering 'GLOCAL' architectural design in Mumbai. |
Where we operate Operates solely in India, with projects concentrated in Mumbai’s key localities including Juhu, Matunga, and Kandivali. |
Top products or what we offer Development and construction of premium residential apartments, commercial units, and township projects such as Xenus, Xline, and Xone. |
Top brands Xenus (Luxury residences), Xline (Signature apartments), Xone (Commercial units), X-Heights (Upcoming township) |
Raw materials needed Cement, steel, bricks, glass, and construction materials sourced locally. |
Raw materials supplier Supplied by various local Indian vendors and construction material suppliers. |
Recurring vs cyclical contribution Revenues are cyclical, largely depending on project completions and market demand in real estate. |
Our industry position A niche player in Mumbai’s luxury and premium residential market with a growing commercial portfolio. |
Financial highlights Standalone revenue of Rs. 13.26 crore and net profit of Rs. 2.78 crore for FY 2024-25; consolidated revenue at Rs. 62.65 crore. |
Geographical revenue split 100% revenue generated from India (Mumbai-centric operations). |
Order book - |
Whats driving growth Growth driven by near project completions, occupancy certificates, and new developments in emerging Mumbai localities. |
Our future plans Launching new projects like X-Heights World of Delight with ongoing regulatory clearances and commercial unit expansions. |
Our green promise - |
Our people and values Employs a team of 11 staff promoting sustainable architecture and a customer-centric approach. |
Key challenges ahead Regulatory approvals, market volatility, and costs of construction materials pose ongoing challenges. |
Interesting facts Pivoted from yarn manufacturing to real estate, developing award-winning glocal architectural designs. |
Risks and strategy Mitigates risks with strong project management, adherence to regulations, and quality construction to sustain market reputation. |
