About Ganesh Housing Corporation Limited

Ganesh Housing Corporation Limited is a real estate developer based in Ahmedabad with over 33 years of operations in real estate and construction, focusing on residential and mixed-use projects under the ethos “Your Smiles are our Real Estate.” The company is the flagship of the Ganesh Group and owns large land parcels in and around Ahmedabad to expand its development footprint in key markets, leveraging both conventional construction and precast technologies through ecosystem partners to accelerate delivery timelines. As of the year ended March 31, 2025, the company operated primarily in India; foreign investments or collaborations are stated as not applicable in the report. The company’s registered office is at Ganesh Corporate House, 100 Feet Hebatpur–Thaltej Road, near Sola Bridge, Off S. G. Highway, Ahmedabad – 380 054.

Activities include land acquisition, development, construction, and sale of real estate inventory recognized as projects under construction, with continuous monitoring and verification per statutory audits detailed in the annual report. The report notes three subsidiary companies on which a director serves, and consolidates subsidiaries for audited financial statements; the company has made investments in three subsidiary companies and extended business advances to subsidiaries to support operations. Key milestones in FY 2024–25 include audited standalone total income of Rs 678.02 crore, PBIDT of Rs 518.19 crore, and PAT of Rs 380.45 crore, underscoring strong profitability; ratios show improvements in current ratio, ROE, and ROCE versus the prior year.

Ganesh Housing Corporation Limited Business Segment

• Nature of industry: Real estate and construction; more than 33 years in operations.

• Geographic revenue split:
  • India — Rs 678.02 crore (100.0%) based on standalone total income disclosure and absence of international operations disclosure.

Ganesh Housing Corporation Limited Key Management

• Mr. Shekhar G. Patel — Managing Director & CEO; Promoter; also a related party in specified transactions; tenure revised with effect from July 01, 2025.

• Mr. Dipakkumar G. Patel — Chairman & Whole-time Director; Promoter; Director since October 01, 2002; Chairman since November 09, 2009; committee chair roles noted.

• Mr. Anmol Dipakkumar Patel — Non-Executive, Non-Independent Director; Member of Promoter Group.

• Mr. Amanvir Shekhar Patel — Non-Executive, Non-Independent Director; Member of Promoter Group.

• Mr. Jasmin Jani — Company Secretary.

Latest Updates on Ganesh Housing Corporation Limited

• Board approved appointment of Alap & Co. LLP as Secretarial Auditors for five years from April 01, 2025 to March 31, 2030, subject to AGM approval, with peer review confirmation provided.

• Proposed shareholders’ approval for multiple material related party transactions in FY 2025–26 with group companies and promoter group individuals, primarily for sale/purchase/lease of immovable properties and business support/financial assistance, with specified caps (e.g., Rs 300.00 crore with certain group entities; Rs 100.00–150.00 crore with promoter group individuals).

• Strategic rationale noted: augmenting land acquisition pipeline to grow development footprint and leveraging precast technology via Urbanaac Infrastructure Private Limited to accelerate delivery (e.g., Malabar County III and Malabar Exotica).

AGM for FY 2024–25 to be conducted via VC/OAVM; e-voting window set for September 05–07, 2025; record date August 29, 2025.