What we do Thakkers Developers Ltd is a leading construction and real estate company based in Nashik, Maharashtra, focused on developing residential and commercial projects. |
Founded in 1,987 |
Market share One of the most reliable and leading construction enterprises in Nashik with a strong local market presence. |
Problem solved Provides quality residential and commercial infrastructure addressing urban housing and commercial space needs in Nashik and Maharashtra. |
Top clients or who we serve Primarily B2C customers for residential projects and B2B including government bodies like Maharashtra State Road Transport Corporation for public projects. |
Key management Rajendra Manohardas Thakker, Managing Director, recognized for expertise in real estate and construction business since 2004. |
Our journey and innovations Pioneered as first public company in North Maharashtra; completed multiple landmark projects including large commercial complexes and ultra-luxury townships. |
Where we operate Nashik, Maharashtra with some projects in Dhule, Raigad, Satara, and Nagpur districts. |
Top products or what we offer Residential complexes, commercial buildings, bungalows, and township projects including recent ultra-luxury developments. |
Top brands Thakkers Trambak Road, Nexus Point commercial complex, Grandeur residential projects, Eva Luxuria super residential project, Thakkers M Square commercial spaces. |
Raw materials needed Construction materials such as cement, steel, aggregates, and other building components. |
Raw materials supplier Local and regional suppliers in Maharashtra; specifics not disclosed. |
Recurring vs cyclical contribution Revenue primarily cyclical based on project completions and real estate market conditions. |
Our industry position Strong regional player in Nashik with diversified portfolio of residential and commercial developments. |
Financial highlights Standalone revenue Rs.1849.46 lakh, net profit Rs.277.06 lakh for FY25; consolidated revenue Rs.3678.78 lakh, profit Rs.653.70 lakh showing turnaround from prior year losses. |
Geographical revenue split - |
Order book - |
Whats driving growth Urbanization, expansion of Nashik area, newly launched ultra-luxury and commercial projects, government contracts boost growth. |
Our future plans Launch of new residential townships and commercial complexes in Nashik; sustained development in Maharashtra. |
Our green promise Committed to environmentally safe operations complying with regulations and preserving natural resources. |
Our people and values Focus on employee growth through training and inclusive culture fostering transparency and ethical conduct. |
Key challenges ahead Market fluctuations, regulatory approvals, raw material cost volatility, and competition in real estate market. |
Interesting facts First company from North Maharashtra to become public limited; completed over a dozen key developmental projects since 1987. |
Risks and strategy Mitigates risks through diversified projects, prudent financial controls, and compliance with laws and governance standards. |
