What we do Speedage Commercials Ltd operates in the commercial services sector, trading construction materials, electronics, engineering goods, and providing home rental and financing services in India. |
Founded in 1,984 |
Market share Established company with steady presence in commercial goods trading and housing finance, serving niche markets in India. |
Problem solved Facilitates access to construction materials and home financing, addressing needs of home buyers and commercial clients in India. |
Top clients or who we serve Services B2B customers in construction and engineering sectors, and B2C clients in housing rentals and financing. |
Key management - |
Our journey and innovations Incorporated in 1984, listed since 1986; stable operations with focus on trading and finance; recent leadership updates in 2024-25. |
Where we operate Primarily operates across India, headquartered in Mumbai. |
Top products or what we offer Trading of construction materials, electronics, and engineering goods; leasing and rental of homes; home financing loans. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue shows cyclical trends due to variable trading and financial services demand. |
Our industry position Moderate player in commercial trading and niche housing finance with consistent net worth growth. |
Financial highlights Revenue ₹6.45 crore, Net Profit ₹4.55 crore for FY 2024-25. Net worth increased to ₹162.8 crore. |
Geographical revenue split - |
Order book - |
Whats driving growth Demand for construction and home finance services drives growth, alongside steady management and operational efforts. |
Our future plans Focus on stability and gradual growth; no dividends declared to conserve resources for expansion. |
Our green promise - |
Our people and values Committed to transparency, professionalism, and ethical business practices. |
Key challenges ahead Maintaining profitability amid fluctuating market demand and competitive pressures in commercial trading and finance. |
Interesting facts Company has remained stable and compliant through 40 years, with no reported legal or regulatory issues. |
Risks and strategy Risks include market cyclicality; strategy focuses on prudent management and risk mitigation through internal controls. |