Synopsis:
Supreme Holdings & Hospitality (India) Limited, a publicly listed real estate company proposed project in Panvel covers approximately 31.17 lakh square feet of saleable area. The company estimates a Gross Development Value (GDV) exceeding Rs. 2,500 crore.

This company is in the business of land development, construction, and real estate business activities is now in the focus after initiating the regulatory process to secure Intimation of Disapproval (IOD) and building permissions for its land parcels, signaling the start of a significant phased development with substantial commercial potential.

With market capitalization of Rs. 335 cr, the shares of Supreme Holdings & Hospitality (India) Limited are currently trading at Rs. 85.90 per share, surging 13.71% in today’s market session making a high of Rs. 88.50, from its previous close of Rs. 78.70 per share.

Update

Supreme Holdings & Hospitality (India) Limited has informed its investors that it has applied for Intimation of Disapproval (IOD) and building permissions for its land parcels in Panvel, Maharashtra, marking the beginning of a planned phased development project spanning approximately 31.17 lakh square feet of saleable area. 

Based on current market assessments, the estimated Gross Development Value (GDV) of the project is expected to exceed Rs. 2,500 crore, subject to regulatory approvals, market conditions, and future economic and infrastructural developments in the Panvel region. The company emphasized that all project timelines and financial projections depend on the timely receipt of necessary approvals and other business conditions. 

About the company 

Supreme Holdings & Hospitality (India) Limited is a publicly listed real estate and hospitality company engaged in developing residential, commercial, and mixed-use projects across India. The company focuses on creating high-quality, sustainable developments with significant growth potential. Notable projects include the Belmac Residences series in Pune and the Belmac Riverside project in Panvel, reflecting its commitment to modern design, regulatory compliance, and stakeholder value.

On a year-on-year basis, the company has experienced a significant decline in financial performance. For Q1FY26, sales dropped sharply to Rs. 0.16 crore compared to Rs. 23.2 crore in Q1FY25, while EBIDT fell to a negative Rs. 1.13 crore from Rs. 4.49 crore a year earlier. 

Net profit for the quarter decreased to Rs. 0.05 crore, down from Rs. 3.79 crore Q1FY25, resulting in an earnings per share (EPS) of Rs. 0.02, compared to Rs. 1.02 in the same period last year. 

Written by Manideep Appana

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.