Chavda Infra Limited – Company Report
1. Company Overview
Chavda Infra Limited, formerly Chavda Construction, is a prominent construction company based in Ahmedabad, Gujarat, with a rich legacy spanning over three decades since its establishment in 1990. Founded by Mr. Mahesh Chavda, the company has evolved from its humble beginnings to become a key player in shaping the skyline of Gujarat. With a track record of completing over 130 projects, Chavda Infra has become synonymous with precision, timely project completion, and superior craftsmanship.
The company's mission is to redefine the construction industry by consistently delivering innovative solutions, impeccable quality, and an unwavering commitment to client satisfaction. Chavda Infra has a strong presence in the real estate and construction sectors of Gujarat, particularly in Ahmedabad and Gandhinagar. The company went public with its Initial Public Offering (IPO) in September 2023, marking a significant milestone in its journey of growth and commitment to transparency. The leadership team includes Mr. Mahesh Gunvantlal Chavda as the Chairman and Managing Director, Mr. Johil Maheshbhai Chavda as the Whole Time Director, and Mrs. Dharmistha Maheshkumar Chavda as the Executive Director.
As part of its long-term strategy, Chavda Infra continues to focus on expanding its geographical footprint and diversifying its project portfolio, with a commitment to environmentally sustainable construction practices.
Key Highlights:
- Established: 1990
- Years of Legacy: 34
- Leadership: Mr. Mahesh Chavda (Founder-Chairman)
- Group Companies: Chavda Developers Private Limited, Chavda RMC LLP
2. Products and Production Capabilities
Chavda Infra Limited is engaged in the construction of residential, commercial, and institutional projects, offering a wide range of services. The company has a strong reputation for handling large-scale and complex constructions with superior craftsmanship and efficiency.
Core Offerings:
Residential Construction: Apartment buildings and luxury villas
- Recent Projects: Anatara Alora, Shivalik Greenfield, Anahata Villa
Commercial Construction: High-rise corporate houses, retail-apartment complexes
- Notable Project: Orchid Finsburry (mixed-use development)
Institutional Construction:
- Examples: Zydus School of Excellence, Nirma University, Karnavati Club, Rajpath Club, BAPS Cultural Complex
High-Rise & Skyscraper Projects:
- Major Projects: Straft Luxuria, The 31st, La Marque, Mondeal One, Trogon Twin Towers
Group Companies and Vertical Integration:
- Chavda RMC LLP (Established 2020):
- In-house ready-mix concrete for quality assurance and timely delivery
- Chavda Developers Pvt. Ltd.:
- Turnkey development projects from planning to execution
The company integrates modern safety and construction innovations such as:
- Edge-protection systems
- Hydraulic Boom Placers
- Aluminium Formwork systems
3. Recent News and Developments
Chavda Infra has been actively securing new projects, significantly boosting its order book and demonstrating strong growth in the construction sector.
Major Project Wins:
Rajshree Proinfra LLP (May 2024):
- ₹11.59 crore work order for "RAJSHREE REGALIA" project
- Project completion timeline: 18-24 months
Kamal Corporation (May 2024):
- ₹13.09 crore work order for "24 CARAT GOLD COIN" project
- Project completion timeline: 18-24 months
Nirma Education and Research Foundation (May 2024):
- ₹57.25 crore work order for construction of a new hostel building on the Nirma University campus.
- Project completion timeline: 24 months
Goyal group (September 2024):
- ₹71.99 Cr work order for Orchid Finsburry which is Commercial-cum-residential
Shivalik Greenfield (September 2024):
- ₹59.36 Cr work order for Premium Residential
Anatara Alora (September 2024):
- ₹33.66 Cr work order for Premium Residential and is set to be a landmark in Ahmedabad.
The Park by HN Safal (September 2024):
- ₹30.05 Cr work order for Urban Living Space
Anahata Villa (September 2024):
- ₹17.12 Cr work order for High-End Villas
BAPS Cultural Complex (September 2024):
- ₹1.85 Cr work order for Religious and Cultural Facility
Arvind Smartspaces Limited (May 2025):
- ₹150 crore work order for residential infrastructure at Arvind Aqua City, Gujarat
- Project completion timeline: 24 months
Nirma Limited (April 2025):
- ₹72.075 crore order for "Corporate House" commercial project in Ahmedabad
- Completion in 24 months
"THE IDENTITY" – GIFT City (March 2025):
- Commercial project worth ₹219 crore in Gandhinagar's financial district
A. Shridhar Infracon LLP (September 2025):
- Chavda Infra Limited secured a major work order worth ₹131.02 Crores for the construction of a commercial project named “WYNN”, located on Sindhu Bhavan Road, Ahmedabad, Gujarat.
- The project involves comprehensive construction activities, including R.C.C. work, masonry, plaster, and other related tasks, with a scheduled duration of 33 months.
4. Financial Performance (FY2025)
| Metric | FY2025 | FY2024 |
|---|---|---|
| Revenue from Operations (₹ Cr) | 261 | 242 |
| Net Profit (₹ Cr) | 21 | 19 |
| EPS (₹) | 8.56 | 7.61 |
| Operating Profit Margin | 22% | - |
| Return on Equity (ROE) (%) | 21% | - |