Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹197Cr
Construction - Factories/Offices/Commercial
Rev Gr TTM
Revenue Growth TTM
-97.99%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

SUPREME
VS
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | -38.6 | -25.4 | 56.1 | -37.4 | 18.0 | 70.8 | -3.6 | 39.0 | -99.2 | -99.3 | -99.6 | -93.4 |
| 16 | 11 | 22 | 13 | 20 | 19 | 19 | 15 | 3 | 1 | 1 | 2 |
Operating Profit Operating ProfitCr |
| 7.8 | 19.6 | 9.2 | 10.4 | -1.3 | 19.4 | 19.0 | 22.8 | -1,594.1 | -706.3 | -620.0 | -35.4 |
Other Income Other IncomeCr | 1 | 1 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2 | 4 | 5 | 2 | 1 | 5 | 5 | 5 | -2 | 0 | 0 | 0 |
| 1 | 2 | 2 | 1 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
|
Growth YoY PAT Growth YoY% | -55.1 | -14.5 | 9.2 | -73.9 | -16.8 | 83.5 | 38.0 | 237.5 | -206.3 | -98.7 | -93.4 | -97.0 |
| 11.3 | 15.2 | 12.3 | 9.1 | 8.0 | 16.3 | 17.7 | 22.0 | -994.1 | 31.3 | 270.0 | 10.0 |
| 0.5 | 0.6 | 0.8 | 0.3 | 0.4 | 1.0 | 1.1 | 1.1 | 0.0 | 0.0 | 0.1 | 0.0 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | | | 706.0 | 12.5 | 43.5 | -42.3 | 68.9 | -4.3 | -1.9 | -7.6 | -97.4 |
| 0 | 0 | 7 | 46 | 52 | 71 | 44 | 62 | 62 | 66 | 56 | 7 |
Operating Profit Operating ProfitCr |
| | | -23.5 | 4.3 | 5.5 | 9.8 | 2.6 | 19.0 | 15.3 | 8.5 | 16.1 | -284.4 |
Other Income Other IncomeCr | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 2 | 4 | 6 | 4 | 4 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 3 | 4 | 8 | 1 | 15 | 14 | 12 | 14 | -1 |
| 0 | 0 | 0 | 1 | 1 | 1 | 0 | 3 | 2 | 4 | 3 | 0 |
|
| -1,146.8 | 102.6 | -5,033.0 | 970.4 | 81.8 | 123.3 | -80.3 | 866.0 | -7.3 | -33.9 | 33.0 | -111.8 |
| | | -3.2 | 3.4 | 5.6 | 8.7 | 3.0 | 16.9 | 16.3 | 11.0 | 15.9 | -71.7 |
| 0.0 | 0.0 | -0.1 | 0.5 | 0.9 | 1.9 | 0.4 | 3.6 | 3.4 | 2.1 | 2.1 | 0.1 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 37 | 39 | 39 |
| 40 | 40 | 50 | 50 | 51 | 55 | 54 | 66 | 501 | 511 | 529 | 530 |
Current Liabilities Current LiabilitiesCr | 12 | 31 | 72 | 48 | 50 | 47 | 47 | 45 | 61 | 37 | 31 | 28 |
Non Current Liabilities Non Current LiabilitiesCr | 0 | 36 | 4 | 23 | 19 | 13 | 1 | 1 | 1 | 1 | 1 | 1 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 78 | 132 | 129 | 128 | 128 | 126 | 117 | 123 | 153 | 145 | 158 | 157 |
Non Current Assets Non Current AssetsCr | 9 | 10 | 32 | 28 | 28 | 24 | 21 | 25 | 446 | 442 | 442 | 440 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | -2 | -47 | 21 | 10 | 21 | 4 | 10 | 34 | 7 | -36 | -11 |
Investing Cash Flow Investing Cash FlowCr | 0 | 0 | -15 | 10 | -5 | 4 | -2 | -3 | -39 | 33 | 4 |
Financing Cash Flow Financing Cash FlowCr | 2 | 48 | -6 | -19 | -10 | -9 | -11 | 0 | 1 | 3 | 9 |
|
Free Cash Flow Free Cash FlowCr | -2 | -47 | 21 | 9 | 20 | 3 | 10 | 34 | 7 | -36 | -11 |
| 1,522.8 | -12,06,767.6 | -10,835.4 | 591.1 | 678.4 | 63.7 | 730.4 | 265.9 | 55.9 | -460.7 | -102.2 |
CFO To EBITDA CFO To EBITDA% | 898.0 | 18,069.7 | -1,470.7 | 477.7 | 680.9 | 56.6 | 820.9 | 235.5 | 59.9 | -595.4 | -100.7 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 99 | 146 | 99 | 44 | 87 | 33 | 50 | 129 | 311 | 160 | 367 |
Price To Earnings Price To Earnings | 0.0 | 0.0 | 0.0 | 26.5 | 28.4 | 4.8 | 37.5 | 10.0 | 26.0 | 20.4 | 34.9 |
Price To Sales Price To Sales | 3,311.3 | | 16.4 | 0.9 | 1.6 | 0.4 | 1.1 | 1.7 | 4.3 | 2.2 | 5.5 |
Price To Book Price To Book | 1.3 | 1.9 | 1.2 | 0.5 | 1.0 | 0.4 | 0.6 | 1.3 | 2.7 | 1.3 | 2.5 |
| -441.4 | -786.9 | -107.4 | 37.1 | 34.4 | 5.6 | 44.1 | 6.8 | 28.0 | 26.4 | 34.4 |
Profitability Ratios Profitability Ratios |
| | | 375.7 | 78.6 | 14.5 | 19.2 | 15.8 | 27.6 | 100.0 | 100.0 | 100.0 |
| | | -23.5 | 4.3 | 5.5 | 9.8 | 2.6 | 19.0 | 15.3 | 8.5 | 16.1 |
| | | -3.2 | 3.4 | 5.6 | 8.7 | 3.0 | 16.9 | 16.3 | 11.0 | 15.9 |
| -0.3 | 0.0 | -0.3 | 2.5 | 3.2 | 7.2 | 1.2 | 14.6 | 2.6 | 2.1 | 2.4 |
| -0.2 | 0.0 | -0.2 | 1.9 | 3.5 | 7.5 | 1.5 | 12.6 | 2.2 | 1.4 | 1.9 |
| -0.2 | 0.0 | -0.1 | 1.1 | 1.9 | 4.5 | 1.0 | 8.7 | 2.0 | 1.4 | 1.8 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
Supreme Holdings & Hospitality (India) Limited (SHHL), established in 1982 and publicly listed on both the **Bombay Stock Exchange (BSE)** and the **National Stock Exchange (NSE)** since February 2025, is a debt-free, financially robust real estate developer with over four decades of corporate history. The company officially entered the real estate sector in 2011 under the visionary leadership of the **Jatia family**, launching its flagship luxury residential brand **Belmac**.
With a strong footprint across Pune and Panvel, Belmac has developed over **2.5 million sq. ft. of completed residential space**, delivering large-scale, community-centric integrated townships that emphasize open green spaces, smart infrastructure, and modern lifestyle amenities.
---
### **Key Completed Projects**
#### **1. Belmac Residences – New Kalyani Nagar, Pune**
- **Size:** 6-acre luxury township
- **Towers:** Six residential towers with over 300 units
- **Unit Types:** 3-side open 2BHK and 3BHK apartments
- **Open Space:** Over **75%** dedicated to green and open areas
- **Amenities:** More than **40 premium lifestyle amenities**, including clubhouse, swimming pool, gym, spa, banquet hall, kids’ play area, pet park, business center, and garden spaces
- **Status:** **Fully completed and delivered**; received **Final Occupation Certificate**
- **Location Advantages:** Proximity to Pune International Airport and Kalyani Nagar Metro Station
- **Completion Milestone:** Final tower **B Infinity** completed by June 2025
#### **2. Belmac Riverside – Panvel, NAINA/CIDCO Area**
- **Size:** 5.5-acre residential township
- **Towers:** Five high-rise towers (Terra Olive, Terra Mustard, Terra Gold, Aqua, Sky)
- **Units:** Over 200 homes in 1BHK and 2BHK configurations
- **Open Space:** **85.5%** of land dedicated to open spaces, including private tower gardens and wide internal roads
- **Amenities:** Over **20 modern amenities**, including swimming pool, basketball court, jogging track, skating rink, pizza oven, box cricket, volleyball court, kids’ play area, and pet park
- **Approvals:** Fully **CIDCO/NAINA approved**
- **Status:** **100% delivered and occupied**; Terra Gold, the final and most premium phase, structurally completed and handed over in 2025
- **Social Impact:** Terra Mustard developed in collaboration with CIDCO under the **'Housing for All'** initiative for economically weaker sections
- **Resident Base:** Over **350 families** housed across Belmac projects as of 2024–2025
---
### **Upcoming & Ongoing Projects (Panvel Focus)**
#### **Belmac Codename – Panvel (NAINA Township)**
- **Land Parcel:** 11.83 acres (revalued at **₹400 crore**)
- **Saleable Area:** ~4 million sq. ft.
- **Revenue Potential:** Minimum ₹2,500 crore (at ₹6,000/sq. ft.)
- **Margin of Safety:** 1.3x company’s market capitalization
- **Design Philosophy:** State-of-the-art integrated township with **contemporary architectural design**, artistic interiors, and global inspirations
- **Location Highlights:** Adjacent to a **12-acre CIDCO garden**, with panoramic views of mountains and a river, offering seclusion and serenity
- **Strategic Access:** Close to D B Patil International Airport (5 km), Matheran Road, and key employment hubs in Navi Mumbai
- **Features:** Premium 3-side open apartments, elevated living in a gated community, modern safety systems, and comprehensive lifestyle amenities
- **Status:** Development underway; positioned as a **mega township** to meet rising demand for sustainable, secure, and spacious living
#### **Belmac City – NAINA Area (Town Planning Scheme-2)**
- **Project Type:** First **neo-classical style residential project** by Belmac
- **Status:** **Construction underway**, approvals obtained
- **Vision:** Blend of timeless architecture with modern luxury and upgraded living standards
- **Strategic Expansion:** Part of Belmac’s move into high-end, differentiated product offerings in growth corridors of Navi Mumbai
#### **Belmac Infinity & Future Mixed-Use Developments**
- The company is planning **new mixed-use and residential projects** under brands like **Belmac Infinity** in high-growth areas of **Pune and Panvel**
- Focus on **market-responsive product design**, leveraging internal market research for agile decision-making
---
### **Strategic Focus & Growth Drivers**
- **Geographic Expansion:** Deepening presence in **Pune and Panvel**, with land bank expansion in **Village Chipale** and Akruli, Takula (Panvel)
- **Acquisitions:** Strategic acquisition of key land parcels in Panvel for future **flagship township developments**
- **Capital Markets:** Successfully listed on **NSE in February 2025**, enhancing transparency, investor access, and brand visibility
- **Business Development:** Dedicated team evaluating opportunities in **Pune and Mumbai Metropolitan Region (MMR)**
- **Sustainability & Livability:** Projects emphasize **maximized open spaces, natural ventilation, greenery, and holistic community living**
---
### **Leadership & Governance**
- **Vidip Jatia** – Chairman, Managing Director & CFO
Leads **sales, marketing, branding**, and strategic growth initiatives with a **customer-centric approach**
- **Namita Jatia** – Whole-Time Director
Oversees **HR, administration**, and internal governance
- **Legacy:** The company was acquired by the Jatia Group in 1987 and transitioned into a public limited entity in 1994, entering capital markets in 1995
---
### **Awards & Recognition**
- **"Top Luxury Developer"** – *Pune Times Real Estate Icons Awards 2021*
- **Maharashtra Radiance Award** – *Radio City, 2023*
- Recognized as a **prominent luxury residential developer** in Pune and emerging leader in Panvel
---
### **Financial & Corporate Strength**
- **Debt-Free Status:** No outstanding debt, ensuring financial stability
- **Asset Base:** Developed over **2.5 million sq. ft.** of premium residential space
- **Land Bank:** Strategic land holdings in high-growth regions, particularly **Panvel under NAINA/CIDCO master plan**
- **Shareholder Strategy:** Dividend payouts paused in FY 2022–23 to **retain capital for project development and expansion**