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PATEL ABHIKUMAR HARESHBHAI

20th May 2024 · SEBI-Registered Analyst

Ganesh Housing Corporation Ltd

Revenue Growth: company is targeting around Rs. 10,000 crores in pre-sales from three residential projects over the next two years. Limited revenue booking in FY '25, with significant revenue realization likely in FY '26. Profitability: Return on capital employed stood at 39.6% and return on equity at 29.7%. PAT margin of around 51% for the full year and about 40% for the fourth quarter of FY '25. Market Expansion: 15% year-on-year growth in residential launches and sales in Ahmedabad. City's real estate sector will benefit from significant developments and projects of national importance. New Product Launches: The Smile City 1 project in Godhavi is under development, addressing the increasing housing demand. Plans to cater to the demand for medium-sized and premium houses in the market.

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