What we do Sterling Green Woods Ltd engages in land development, real estate, and hospitality, operating resorts and township projects primarily around Ahmedabad, India. |
Founded in 1,992 |
Market share Known for pioneering township and resort development in Ahmedabad, with established reputation in real estate and hospitality sectors. |
Problem solved Provides integrated land and housing development solutions with resort amenities, addressing urban living and leisure needs. |
Top clients or who we serve B2C customers seeking residential plots, township living, and resort experiences; also B2B clients in real estate and construction. |
Key management - |
Our journey and innovations Founded as partnership in 1970; pioneered mini-townships and corporate hospitals in Ahmedabad; developed landmark projects like Greenwoods Resort. |
Where we operate Primarily in Ahmedabad and surrounding regions in Gujarat, India. |
Top products or what we offer Holiday resorts, mini-townships, plotted developments, multi-specialty hospital, and club amenities. |
Top brands Greenwoods Lake Holiday Resort - 3-star standard; Sterling Multi-specialty Hospital; Sarovar Village Township. |
Raw materials needed Land parcels, construction materials like cement, steel, and finishing materials. |
Raw materials supplier Various local suppliers and contractors in real estate and construction sectors. |
Recurring vs cyclical contribution Mixed revenue with cyclical real estate sales and recurring income from resort operations. |
Our industry position A reputed regional player with 50+ projects, including hospitality, healthcare, and real estate developments. |
Financial highlights FY 2024-25 revenue Rs. 117.9 lakh; net loss Rs. 88.09 lakh; facing operational challenges but aiming for recovery. |
Geographical revenue split Revenue solely from domestic Indian markets, mainly Gujarat. |
Order book - |
Whats driving growth Real estate demand, hospitality services, and strategic location near industrial corridors like DMIC. |
Our future plans Focused on optimizing existing assets, expanding township projects and resort facilities, and enhancing operational efficiency. |
Our green promise Installed solar water heating and energy-saving lighting at resort; committed to sustainable operations where feasible. |
Our people and values Managed by experienced board including engineers and architects; committed to governance and employee welfare. |
Key challenges ahead Operational losses, regulatory compliance, legal cases, and asset impairment require strategic focus. |
Interesting facts Developed Ahmedabad’s first corporate hospital; implemented first adventure zone in city resort. |
Risks and strategy Legal disputes and financial losses; mitigation through enhanced governance, audits, and legal actions. |
