Emerald Leisures Limited is primarily engaged in the operations of a Club and Sports Complex, offering hospitality services centered around sports facilities, vegetarian dining, and banquet services.

Originally incorporated as The Phaltan Sugar Works Limited in 1933, the company has undergone significant transformations, including divestments from the sugar and textile industries to focus solely on hospitality.

The company has a single operational site located in Chembur, Mumbai, focusing its business on premium hospitality and recreational services.

A key finding is the company's strategic pivot from traditional manufacturing sectors to a niche market in leisure and hospitality, reflecting a shift in business model and target demographics.

The transformation underscores a response to market viability and consumer demand for specialized hospitality experiences in urban settings.