TRUTHESTATE
Developers/Krisumi Corporation Private Limited

Developer Profile

Krisumi Corporation Private Limited

Japanese build quality, brought to the Dwarka Expressway.

Established 2012Private

Truth Verdict

An India–Japan joint venture bringing Sumitomo's build quality and a genuinely differentiated Japanese product to the Dwarka Expressway. Financially it is among the strongest names on this list — effectively net-cash, with a Fortune-500 parent. The caveat is delivery: just one project handed over so far, and across the filed pipeline roughly 86% of projects are running late — by about 15 months on average. Strong balance sheet and product; a delivery record that still has to prove itself.

01

About the developer

An India–Japan joint venture between the Krishna Group and Japan's Sumitomo Corporation — the name is Krishna + Sumitomo. Its flagship, Krisumi City in Sector 36A, is positioned as Gurugram's Japanese-quality township on the Dwarka Expressway, pairing Sumitomo's construction quality with a low-density master plan built around light and air.

02

Track record

Projects we track

Flagship projects

  • Waterside Residences The Forest Reserve Phase 1

Recently launched

  • Krisumi Waterside Residences

In the pipeline

  • Krisumi The Forest Reserve · Phase 2

Brand value

Japanese engineering standards and a Fortune-500 Japanese parent — buyers pay for build quality and a differentiated Japanese product, not local hype.

03

Performance

7

Projects launched

1

Delivered

6

Ongoing

14%

On-time

15.5mo

Avg delay

04

Financial health

Private · Krishna Group × Sumitomo Corporation (Japan)Signals, not figures — directional health on each measure.

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

Backed by Japan's Sumitomo Corporation and the Krishna Group. MCA filings show the entity effectively net-cash — roughly ₹31 Cr of debt against ~₹43 Cr cash and an ~₹832 Cr net worth. Signals, not audited figures.

See all Krisumi 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; financial signals are directional reads from public filings and parent-group strength — not a substitute for project-level due diligence.