SKETS Studio Company Profile
Background
Overview
Founded in 2005, SKETS Studio has established itself as a leader in global Building Information Modeling (BIM) consultancy and design documentation services within the architectural, interior design, and engineering industries. With a team comprising over 700 professionals—including architects, interior designers, MEPF engineers, and 3D experts—SKETS Studio has successfully completed more than 2,000 high-end projects across 32 countries. These projects span various sectors, including luxury hotels, resorts, casinos, spas, city centers, retail outlets, commercial centers, restaurants, ultra-luxurious cruise ships, corporate interiors, and private mansions.
Mission and Vision
SKETS Studio is committed to delivering unmatched business value to clients through a combination of process excellence, quality frameworks, and innovation. The company's mission is encapsulated in its statement: "To provide high-value services by operating on a continually improving service model." This philosophy drives SKETS to act as an extended arm of its clients' studios, facilitating their ability to compete successfully in a fast-changing world.
Key Strategic Focus
Core Objectives and Specializations
SKETS Studio focuses on providing comprehensive BIM consultancy and design documentation services. The company's core objectives include delivering high-quality, efficient, and innovative solutions that maximize the business value of clients' project portfolios. Specializing in complex and large-scale projects, SKETS has partnered with top design firms globally to complete over 2,000 high-end projects.
Key Technologies Utilized
As an early adopter of BIM, SKETS Studio has positioned itself as a global leader in architecture and interior design documentation. The company continually invests in research and development to integrate the latest technologies and develop custom tools and plugins that enhance efficiency. Annual technical competitions, such as 'Softech & SmarTech,' serve as platforms for fostering innovation within the organization.
Primary Markets Targeted
SKETS Studio serves a diverse clientele across multiple sectors, including hospitality, retail, residential, educational, healthcare, mixed-use, and corporate projects. The company's global reach extends to clients in the United States, the United Kingdom, the Middle East, and Asia.
Financials and Funding
Financial Overview
As of the fiscal year ending March 31, 2024, SKETS Studio reported significant financial growth:
- Total Revenue: Increased by 49.88% compared to the previous fiscal year.
- Profit: Grew by 53.98%.
- Net Worth: Rose by 35.68%.
The company maintains a strong financial position with an authorized capital of ₹1.00 million and a paid-up capital of ₹1.00 million. As per Ministry of Corporate Affairs (MCA) records, SKETS Studio has active open charges totaling ₹4.99 crore and has closed loans amounting to ₹11.50 crore.
Pipeline Development
Project Portfolio
SKETS Studio has an extensive portfolio of over 2,000 high-end projects across 32 countries. These projects encompass various sectors, including:
- Hospitality: Luxury hotels, resorts, casinos, and spas.
- Retail: City centers, retail outlets, and commercial centers.
- Corporate: Corporate interiors and headquarters of Fortune 500 companies.
- Residential: Private mansions and residential complexes.
- Educational and Healthcare: Universities and healthcare facilities.
The company's commitment to quality and innovation has resulted in a 100% customer retention rate since its inception.
Technological Platform and Innovation
Proprietary Technologies and Scientific Methodologies
SKETS Studio's dedication to innovation is evident in its continuous investment in research and development. The company has developed custom tools and plugins to enhance efficiency and has been a pioneer in implementing BIM in the hospitality sector. Annual technical competitions, such as 'Softech & SmarTech,' serve as platforms for fostering innovative ideas and technological advancements within the organization.
Leadership Team
Key Executives
- Nimisha Bansal: Chief Executive Officer
- Professional Background: Co-founder of SKETS Studio, with extensive experience in architecture and design documentation.
- Key Contributions: Instrumental in establishing SKETS as a global leader in BIM consultancy and design documentation services.
- Shamit Manchanda: Co-founder
- Professional Background: Co-founder of SKETS Studio, with a background in information technology.
- Key Contributions: Played a pivotal role in integrating technology with architectural services, positioning SKETS at the forefront of innovation in the industry.
Competitor Profile
Market Insights and Dynamics
The global BIM consultancy and design documentation market is experiencing significant growth, driven by the increasing adoption of BIM technologies across various sectors. The demand for efficient and innovative design solutions has led to a competitive landscape with several key players.
Competitor Analysis
SKETS Studio's primary competitors include:
- Tony Gee and Partners: Provides construction design and specialist technical services.
- Decor Home: An interior designing and furniture manufacturing firm.
- Cromwell: An architecture and engineering firm.
- Ivory Properties Group: A property development company.
These competitors offer a range of services in the architecture and design industry, contributing to a dynamic and competitive market environment.
Strategic Collaborations and Partnerships
SKETS Studio collaborates with top architectural firms and industry leaders across the United States, the United Kingdom, the Middle East, and Asia. The company's partnerships have led to the successful completion of iconic buildings and mega architectural projects spanning millions of square feet. Notable clients include a media
