East Buildtech Limited is a New Delhi-based public limited company specializing in the **Real Estate Development** and **Infrastructure** sectors. The company operates an integrated business model that manages the entire lifecycle of property development, ranging from strategic land acquisition to the final construction of residential and commercial structures. --- ### **Core Operational Framework & Asset Portfolio** The company’s primary business activities are focused on creating high-value real estate assets. Its operational expertise spans three distinct categories: * **Land Acquisition:** Identifying, evaluating, and acquiring strategic land parcels for future development. * **Residential Development:** Construction of diverse housing formats, including **houses, flats, and apartments**. * **Commercial & Infrastructure:** Development of **shops, offices, and stores**, alongside general infrastructure projects. **Operational Structure:** East Buildtech maintains a highly streamlined corporate structure. It operates as a standalone entity with **no Subsidiaries, Joint Ventures, or Associate Companies**. This lean model ensures direct oversight by the Board of Directors and specialized committees, facilitating rapid decision-making and strict regulatory compliance. | Feature | Details | | :--- | :--- | | **Registered Office** | **Okhla Industrial Area, Phase-II, New Delhi** | | **Accounting Standards** | **Ind AS** (Indian Accounting Standards) since **April 1, 2017** | | **Statutory Auditors** | **Suresh Kumar Mittal & Co.** | | **Registrar & Share Transfer Agent** | **Beetal Financial and Computer Services Private Limited** | --- ### **Strategic Growth Levers & Financial Authorization** The company’s strategy is built on **financial flexibility** and **leadership continuity**. The Board has established high-value authorizations to ensure the company can pivot quickly toward new investment opportunities. * **Investment & Loan Mandate:** The company is authorized to invest, grant loans, or provide guarantees up to **Rs. 50 Crores** in other bodies corporate or entities to facilitate project implementation. * **Related Party Framework:** To streamline the supply of materials and professional services, the company has an omnibus approval for **Related Party Transactions** up to **Rs. 100 Crores (Rs. 1,00,00,00,000)**, conducted strictly at **arm's length**. * **Leadership Stability:** **Shri Madhusudan Chokhani** has been re-appointed as Managing Director for a **5-year term** (extending to **May 2029**), ensuring long-term institutional knowledge remains at the helm. * **Funding Strategy:** Growth initiatives are primarily funded through **internal accruals (surplus funds)**, operational cash flows, and strategic borrowings from directors/corporates rather than traditional bank debt. --- ### **Financial Performance & Capital Structure** East Buildtech has recently demonstrated a significant recovery, transitioning from a period of near-break-even performance to substantial top-line and bottom-line growth. **Comparative Financial Summary:** | Particulars (Rs. in Lakhs) | FY 2024-25 | FY 2023-24 | FY 2022-23 | | :--- | :--- | :--- | :--- | | **Total Revenue** (incl. Other Income) | **104.00** | **35.09** | **45.50** | | **Total Expenses** | - | **34.76** | **40.75** | | **Profit After Tax (PAT)** | **33.89** | **0.24** | **4.24** | | **Earnings Per Share (EPS)** | - | **0.01** | **0.23** | **Key Financial Metrics (as of March 31, 2024):** * **Paid-up Equity Share Capital:** **Rs. 1.91 Crore** * **Net Worth:** **Rs. 6.40 Crore** * **Regulatory Status:** Due to its small-cap status (Net Worth < **Rs. 25 Crore** and Paid-up Capital < **Rs. 10 Crore**), the company is exempt from certain mandatory SEBI corporate governance disclosures regarding Related Party Transactions. --- ### **Risk Profile & Mitigation Strategies** The company operates under a formal **Risk Management Policy** (Regulation 17 of Listing Regulations). Management actively monitors several sector-specific and financial risks. #### **Sector-Specific Challenges** * **Inventory Overhang:** A recurring **Key Audit Matter** (2023-2025) is the significant volume of **Commercial Space** that has remained unsold for a "considerable period." * **Market Stagnation:** Auditors have flagged the slow recovery of the real estate segment as a risk to the **recoverability of real estate assets**, requiring significant professional judgment in valuation. #### **Financial Risk Management** | Risk Category | Status & Mitigation | | :--- | :--- | | **Interest Rate Risk** | **Low Exposure.** The company has **zero borrowing** from Banks or Financial Institutions. All debt is sourced from **Directors and Corporates** at **Fixed Rates**. | | **Credit Risk** | Managed through rigorous **Credit Approvals**, established limits, and continuous monitoring of the aging of receivables. | | **Liquidity Risk** | Centralized finance oversight ensures sufficient liquidity to meet obligations as they fall due. | | **Counterparty Risk** | Deemed **Non-Material**; cash and equivalents are held with regulated banking institutions. | --- ### **Governance, Compliance & Internal Controls** East Buildtech adheres to the **SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015** and the **Companies Act, 2013**. * **Internal Financial Controls:** The company utilizes a robust system for the **Adoption of Accounting Standards**, ensuring all transactions are recorded accurately with internal checks and balances. * **Director Eligibility:** As of **March 31, 2025**, all directors hold a **Certificate of Non-Disqualification**, confirming they are not debarred by SEBI or the Ministry of Corporate Affairs. * **Audit Oversight:** Financial statements are prepared on a **historical cost basis**. Management performs periodic reviews of performance against **Approved Plans** to trigger corrective actions. * **Post-Pandemic Outlook:** Management has concluded that there are no lingering credit risks or financial difficulties stemming from the **COVID-19** outbreak, with operations returning to standard credit terms.