Alpine Housing - Alpine Housing
Financial Performance
Geographic Revenue Split
The company is headquartered in Bangalore, Karnataka, suggesting a primary revenue concentration in the South Indian real estate market. Specific regional percentage splits are not disclosed in available documents.
Operational Drivers
Raw Materials
Not disclosed in available documents. Typical raw materials for housing development include cement, steel, and bricks.
Strategic Growth
Growth Strategy
The company maintains long-term service relationships, such as with its RTA (Cameo Corporate Services Limited) since 2003, indicating a focus on administrative stability to support project execution. Growth is likely tied to residential and commercial real estate development in the Bangalore region, though specific CAGR targets are not disclosed.
Products & Services
Residential apartments, commercial spaces, and housing development projects.
Brand Portfolio
Alpine Housing, Alpine Arch.
Strategic Alliances
The company is a member of CREDAI Bengaluru, indicating strategic alignment with industry bodies for advocacy and market standards.
External Factors
Industry Trends
The real estate industry is currently evolving through increased transparency under RERA and a shift toward organized developers. The company's positioning in the Bangalore market aligns with high-growth urban demand, though specific future growth percentages are not disclosed.
Competitive Landscape
Competes with other Bangalore-based real estate developers in the residential and commercial segments.
Competitive Moat
The company's moat is built on its established presence in the Bangalore real estate market (headquartered there since at least 1992) and long-term operational stability, evidenced by the retention of the same Company Secretary since 2017 and RTA since 2003.
Macro Economic Sensitivity
High sensitivity to interest rate cycles; an increase in home loan rates typically reduces demand for residential housing projects.
Regulatory & Governance
Industry Regulations
Operations are subject to Real Estate (Regulation and Development) Act (RERA) norms, local municipal building codes in Bangalore, and Karnataka state land use regulations.
Risk Analysis
Key Uncertainties
Regulatory compliance risks related to land acquisition and project completion timelines could impact cash flows by 10-15% if projects are delayed.
Geographic Concentration Risk
High concentration in Bangalore, Karnataka, where the corporate office and primary projects (e.g., Alpine Arch) are located.
Third Party Dependencies
Dependency on Cameo Corporate Services Limited for registrar and share transfer services, a relationship maintained since March 31, 2003.