What we do Sikozy Realtors Ltd constructs residential and commercial properties and is developing chemical manufacturing projects for epoxy resins and sulphanilic acid. |
Founded in 1,992 |
Market share Niche player in real estate with diversification plans into chemicals; no dominant market share reported. |
Problem solved Provides housing and commercial spaces while aiming to meet rising chemical demand through new product manufacturing initiatives. |
Top clients or who we serve Primarily serves residential and commercial property buyers; exploring chemical industry markets. |
Key management Jigar Desai (Director), Rishabh Gupta (Managing Director) |
Our journey and innovations Founded in 1992, rebranded in 2009; expanding from construction to chemical manufacturing with new product lines. |
Where we operate Operations concentrated in Maharashtra, India. |
Top products or what we offer Real estate development; upcoming manufacture of epoxy resins and sulphanilic acid. |
Top brands - |
Raw materials needed Chemical raw materials for epoxy resin and sulphanilic acid production. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mostly cyclical linked to real estate projects; chemicals expected to add recurring income. |
Our industry position Small player diversifying beyond real estate into chemical manufacturing sectors. |
Financial highlights Reported net loss of Rs 17.15 lakhs in FY 2024-25; no revenue recorded due to project completion phase. |
Geographical revenue split - |
Order book - |
Whats driving growth Real estate project completions and diversification into chemicals to capture increasing product demand. |
Our future plans Capital reduction executed; launching chemical manufacturing projects; acquiring land parcels for diversification. |
Our green promise - |
Our people and values Complies with code of conduct and whistleblower policies; zero tolerance for workplace harassment. |
Key challenges ahead Recovering from losses, project start-ups, regulatory compliance, and expanding beyond core real estate business. |
Interesting facts Underwent significant capital reduction in 2024 to clean balance sheet and enable future growth. |
Risks and strategy Risks of losses and project delays mitigated by capital restructuring and diversification initiatives. |
