What we do Sumit Woods Ltd is a real estate developer specializing in residential, commercial, and retail property projects primarily in Mumbai and Goa regions. |
Founded in 1,997 |
Market share Significant presence in Mumbai and Goa real estate markets, known for redevelopment and new residential projects. |
Problem solved Provides quality housing and commercial spaces addressing urban growth and redevelopment needs in Mumbai and Goa. |
Top clients or who we serve Serves individual home buyers, investors, and commercial clients within B2C and B2B segments. |
Key management - |
Our journey and innovations Started as a construction firm in 1997, launched multiple residential projects from 2003 onward, including redevelopment projects and large-scale township developments. |
Where we operate Mumbai, Goa, and surrounding regions in India. |
Top products or what we offer Residential complexes, redevelopment projects, commercial and retail properties under various landmark names. |
Top brands Sumit Greendale, Sumit Greendale NX, Sumit Pramukh Enclave, Sumit Mount series, Sumit Bells, Sumit One, Arcenciel, and Sumit Atulyam. |
Raw materials needed Construction materials including cement, steel, bricks, and finishing materials. |
Raw materials supplier Local and national building material suppliers in India. |
Recurring vs cyclical contribution Revenue largely cyclical, dependent on real estate project launches and market conditions. |
Our industry position Established player in residential real estate with a focus on redevelopment and new projects in Mumbai and Goa. |
Financial highlights Consolidated revenue Rs. 140.8 crores with net profit Rs. 11.44 crores for FY2024-25; standalone revenue increased 48.9%. |
Geographical revenue split Majority revenue from Mumbai and Goa regions. |
Order book - |
Whats driving growth Growth driven by new project launches, increased demand in Mumbai and Goa markets, and strategic redevelopment activities. |
Our future plans Ongoing and upcoming residential projects in Mumbai (Borivali, Mulund, Matunga) and Goa with focus on expansions. |
Our green promise - |
Our people and values Promotes inclusive workplace respecting diversity with comprehensive policies against workplace harassment. |
Key challenges ahead Market cyclicality, regulatory compliances, and managing liquidity amid real estate sector dynamics. |
Interesting facts Has evolved from construction partnership to a publicly listed real estate developer with multiple landmark projects. |
Risks and strategy Mitigation through diversified projects, strong internal controls, and stringent corporate governance. |
