| Estimated Revenue | ₹103.13 CrProject Potential |
|---|---|
| Market Cap | ₹184.73 CrSmall Cap |
| Revenue TTM | ₹94.88 CrOperating |
| RSI | 35.01Neutral Zone |
| Order from | The Welfare Mansion Co-operative Housing Society Ltd. |
| Deal value | ₹103.13 Cr |
| Share of market cap | 55.8% |
| Share of annual revenue | 108.7% |
Key highlights
- Appointed as Most Preferred Developer for The Welfare Mansion Co-operative Housing Society Ltd
- Total development potential estimated at approximately 84,000 square feet
- Project comprises a premium residential-cum-commercial development in a prime Mumbai location
- Estimated revenue potential from the project is valued at ₹103.13 Crores
- Strategic location on Laxmibai Kelkar Marg offers high connectivity to major business hubs like BKC
What Is the Order?
Sumit Woods Limited has been appointed as the developer for the redevelopment of The Welfare Mansion Co-operative Housing Society Ltd., located at Plot no. 54, Laxmibai Kelkar Marg, Sion (West), Mumbai. This residential-cum-commercial project is designed to offer a built-up area of approximately 84,000 sq.
ft. The company estimates a revenue potential of ₹103.13 Crores from this venture. The development aims to cater to the demand for premium urban living and business spaces in a well-connected neighborhood, blending contemporary lifestyles with everyday convenience.
Client Profile
- Client: The Welfare Mansion Co-operative Housing Society Ltd
- Location: Situated in the established residential and commercial hub of Sion (West), Mumbai
- Importance: Represents a collective group of existing residents seeking modern urban infrastructure
- Proximity: The society is located near Jain Society Bus Stop and major transit routes
Business Impact
This order significantly bolsters Sumit Woods' project pipeline, with the estimated revenue potential of ₹103.13 Crores exceeding the company's total annual operating revenue of ₹94.88 Crores for the previous fiscal year. By securing a premium project in Sion, the company strengthens its footprint in the Mumbai real estate market. The project's strategic location near the Sion-Bandra Link Road and Eastern Express Highway provides easy access to key business districts like Bandra Kurla Complex (BKC) and South Mumbai, which is expected to drive demand from discerning homebuyers and businesses.
Financial Context
- Current market capitalization stands at ₹184.73 Crores with a promoter holding of 60.78%
- The company recorded an operating revenue of ₹94.88 Crores on a trailing twelve-month (TTM) basis
- Quarterly operating profit margin is reported at 15.43% for the period ending March 2026
- Stock performance shows a 1-year high of ₹104.9 and a current RSI of 35.01
Industry Landscape
The Mumbai real estate sector is witnessing a surge in redevelopment projects driven by aging infrastructure and high demand for modern amenities in land-constrained areas. With a sector revenue growth of 35.55% year-on-year, the industry benefits from improved connectivity infrastructure and urban renewal policies. Companies focusing on residential-cum-commercial developments are well-positioned to capture value from mixed-use land requirements.
However, the sector remains sensitive to interest rate fluctuations and regulatory compliance standards under RERA, which influence project execution timelines and buyer sentiment.
| Share price | ₹38.6 |
|---|---|
| Market capitalisation | ₹184.73 Cr |
| Revenue (annual) | ₹94.88 Cr |
| Net profit (annual) | ₹6.06 Cr |
| Revenue (latest quarter) | ₹28.35 Cr+147.72% vs previous quarter |
| Net profit (latest quarter) | ₹1.22 Cr+10.04% vs previous quarter |
| P/E (TTM) | 30.51×Sector 33.46× |
| Promoter holding | 60.78%+2.47% QoQ |
| FII holding | 0.27%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Sumit Woods Limited announcing the appointment as the preferred developer for a redevelopment project. Market figures from a third-party data provider.
