What we do Trescon Limited, originally Pushpanjali Floriculture Limited, is a real estate company engaged in developing residential and commercial projects. It also involves trading goods and infrastructure-related activities. |
Founded in 1,995 |
Market share Emerging player in real estate focusing on the Mumbai-Thane region with growing market presence. |
Problem solved Provides residential and commercial real estate solutions addressing urban housing and commercial space demand in Maharashtra. |
Top clients or who we serve Real estate buyers and investors in residential and commercial sectors; B2C and B2B customers in infrastructure. |
Key management Dinesh Patel (Chairman and Managing Director) with leadership driving real estate diversification and acquisitions. |
Our journey and innovations Started as a floriculture firm in 1995, rebranded and diversified into real estate and trading by 2018; launched first project in 2024-25. |
Where we operate Primarily Mumbai and Thane regions, India. |
Top products or what we offer Residential and commercial property development, notably 'Triveni Pearl'; trading services in construction and allied sectors. |
Top brands Triveni Pearl - Flagship residential and commercial project launched in 2024-25. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily cyclical reflecting real estate project sales and completion timelines. |
Our industry position New entrant with growing presence; acquiring controlling stakes in LLPs to expand footprint and project pipeline. |
Financial highlights FY 2024-25 revenue Rs.9.35 crores; net loss Rs.2.64 crores due to initial project and acquisition expenses. |
Geographical revenue split Revenue generated mainly from Maharashtra-based projects; no international operations reported. |
Order book - |
Whats driving growth Real estate demand in Mumbai-Thane, strategic acquisitions, and diversification into commercial projects. |
Our future plans Expand project portfolio via LLP acquisitions and continue property development in Mumbai suburban areas. |
Our green promise - |
Our people and values Committed workforce with a focus on governance, ethical practices, and employee development. |
Key challenges ahead Market competition, project execution risks, and achieving profitability in initial years after diversification. |
Interesting facts Transitioned from floriculture to infrastructure and real estate with a name change in 2018. |
Risks and strategy Risks in real estate market cycles mitigated via diversified trading and infrastructure ventures; strategic acquisitions ongoing. |
