TRUTHESTATE

Developer Profile

Elan

Truth Verdict

Elan is building in Gurugram on a strong balance sheet — 7 projects under construction, 1 delivered so far. The full delivery, pricing and financial forensics on each project are inside its report.

01

About the developer

Elan is an active developer in Gurugram with 8 projects we track. The read below is our own — delivery and delay history from public filings, financial health from published financials. For the full audited numbers and a project-by-project breakdown, open any Elan report.

02

Track record

Projects we track

Flagship projects

  • Elan The Statement

In the pipeline

  • ELAN PARADISE
  • ELAN EMPIRE
  • ELAN THE MARK
  • ELAN IMPERIAL
03

Performance

8

Projects launched

1

Delivered

7

Ongoing

87%

On-time

7.7mo

Avg delay

04

Financial health

A read on each measure — the full audited numbers are inside the reports.

Leverage

Net Debt-to-Equity

How much debt funds the business

Interest Coverage

Interest Coverage

Ability to service debt from earnings

Cash Conversion

OCF / EBITDA

Operating profit turning into real cash

Operating Margin

EBITDA Margin

Operating profit as a share of revenue

Inventory Cover

Inventory / Sales

Time to clear unsold inventory

A directional read on Elan's financial health. The full audited financials and the per-project forensics are inside each report — unlock one for the complete numbers.

See all Elan projects

Every project we track from this developer — Truth Score, entry price and delivery risk, side by side.

View projects

Independent assessment by Truth Estate. No developer can pay for a higher score or a better placement. Performance figures are our own tracked estimates. For the full audited financials and project-level forensics, open the reports.