Tricone Projects

Indore, India
Develops residential properties, handling planning, construction, and sales processes.

About Tricone Projects

Tricone Projects is a Real Estate & Construction company based in Indore (India). It develops residential properties, handling planning, construction, and sales processes. It operates on a B2C model. The company has 39 employees. Its Indian entity Tricone Projects India Private Limited reported revenue of β‚Ή12.07 Cr. Its focus areas include Real Estate, Property Development, Residential Construction and Project Management. Similar companies include Shriram Properties, Puravankara and VBHC; 2 of its 3 listed similar companies have raised funding.

Company details

Tricone Projects operates with a B2C model, focusing on involved in property dealings, property development, residential construction, and offering project management. Develops residential properties, handling planning, construction, and sales processes. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Key Metrics
  • Annual Revenue
    ₹12.07 Cr

    FY 2024 · -75% YoY

  • Net Loss
    -₹12.09 Cr

    FY 2024 · -100% margin

  • EBITDA
    -₹83.6 Lakh

    FY 2024 · -7% margin

  • Employee Count
    39

Board of directors of Tricone Projects India Private Limited (Tricone Projects)

Tricone Projects India Private Limited is the primary company behind Tricone Projects. The board of Tricone Projects India Private Limited currently have 3 directors; the longest-serving is Preeti Nataraj Iyer, appointed in 2018. 20 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Preeti Nataraj Iyer
DIN 08069934
Director20 Feb 20188 yrs 8 moTricone Projects India Private Limited
Gunjan Kumar Jha
DIN 10098014
Director31 Mar 20233 yrs 6 moTricone Projects India Private Limited
Kamlesh Devchand Kamat
DIN 09812040
Managing Director01 Oct 20242 yrsTricone Projects India Private Limited

Financials of Tricone Projects

Figures of Tricone Projects India Private Limited, the primary company behind Tricone Projects, for FY 2024. Revenue was ₹12.07 Cr (-75% year on year). Net loss was -₹12.09 Cr (-100% margin). EBITDA was -₹83.6 Lakh (-7% margin). Revenue has grown at a compounded annual rate of -21% over three years and 0% over five years.

  • ₹12.07 CrRevenue · FY 2024 · -75% YoY
  • -₹12.09 CrNet loss · -100% margin
  • -₹83.6 LakhEBITDA · -7% margin
  • ₹103 CrPaid-up capital
  • 39Employees (provident fund records)
  • -21%Revenue CAGR, 3 years
  • 0%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Tricone Projects India Private Limited are on its company page.

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Similar companies to Tricone Projects

Tricone Projects has 3 listed similar companies in our database, 2 of them funded. They include Shriram Properties, Puravankara and VBHC.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
shriramproperties.com1995Bengaluru, India$641.31M1,620
Residential properties are developed in mid-market and affordable segments.
puravankara.com1975Bengaluru, India940
Residential and commercial properties are developed across various segments.
vbhc.com2009Bengaluru, India$135.12M88
Developer of residential real estate projects
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Frequently Asked Questions about Tricone Projects

Tricone Projects is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.

Tricone Projects has 39 employees.

The primary company behind Tricone Projects, Tricone Projects India Private Limited, reported revenue of β‚Ή12.07 Cr for FY 2024, down 75% year on year.

Tricone Projects operates with a B2C model, focusing on involved in property dealings, property development, residential construction, and offering project management. Develops residential properties, handling planning, construction, and sales processes. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Tricone Projects's top competitors include Puravankara, Shriram Properties and VBHC.

Tricone Projects operates through Tricone Projects India Private Limited.

The legal entities of Tricone Projects currently have 3 directors, including Preeti Nataraj Iyer, Kamlesh Devchand Kamat, Gunjan Kumar Jha.

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