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Real Estate · Micro cap

Radhe Developers' office flooded, damaging data and records

Severe flooding at Radhe Developers' Ahmedabad office damaged electrical systems, computers, and physical records. Management hasn't quantified the loss.

3 earlier stories on Radhe Developers (India) Ltd.
Mkt cap₹94.96 cr
P/E29.27×
ROE2.35%
Debt / eq.0.58
₹0 cr Revenue in latest quarter (Jun 2026) — already zero before the flood.

What's new

  • Registered office severely flooded after five days of continuous heavy rain.
  • Electrical systems, computer equipment, data storage, and physical records damaged.
  • Company filed a police intimation; damage assessment underway but no figures yet.

Why this matters

For a nano-cap developer already reporting zero revenue and a net loss in the latest quarter, even a modest uninsured loss could hit its fragile balance sheet. The absence of a damage estimate leaves investors guessing at the financial hit.

What we're watching

  • Whether the company quantifies the damage in a follow-up filing.
  • Any insurance claims or provisions booked in the next quarterly results.
  • Impact on ongoing projects if critical records were lost.

The full read

Radhe Developers' registered office in Shela took on floodwater after five days of relentless rain. The company says electrical systems, computer equipment, data storage, and physical records were destroyed. It has filed a police intimation and started damage control. But no rupee figure on the loss. That's a problem. The company just reported zero revenue and a ₹1 crore net loss last quarter, with a market cap of barely ₹95 crore. Whether it carries insurance, and what records are gone for good, remains unknown.

Questions answered

What exactly was damaged in the flood?
The filing says electrical systems, computer equipment, electronic data storage, and certain physical records were destroyed. These are operational assets and data that could affect administrative continuity and project documentation.
Has the company estimated the financial loss?
Not yet. The filing only states that management is assessing the extent of damage and has taken measures to restore operations.
How significant is this for a company of Radhe Developers' size?
With a market cap of about ₹95 crore and zero revenue in the latest quarter, even a loss of a few crore could strain its resources. The company had reported a net loss of ₹1 crore in Q1 FY27.
Could this affect ongoing real estate projects?
It could, if physical records or project-related data were among the damaged items. The company has not clarified which specific records were lost.
Mentioned: Ahmedabad floods · Shela office · ₹95 cr market cap
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Radhe Developers (India) Ltd.

Real Estate
₹88 cr

Latest quarter · Jun 2026

Sales₹0 cr
Net profit−₹1 cr
Op. margin+0.0%
EPS−₹0.02

Strength & growth

Debt / equity0.58×
Current ratio0.97×
Sales CAGR−3.9%
EPS CAGR−2.1%
  1. 28 Jul 2026 · 12:48 PM IST Radhe Developers' office flooded, damaging data and records
  2. 11d ago Radhe Developers' revenue vanishes, swings to Q1 loss
  3. 64d ago Radhe Developers' FY26 results: a formal repeat of prior disclosure
  4. 64d ago Radhe Developers profit jumps to ₹3.24 crore on 45% revenue growth