Bombay Burmah way to Britannia

Some interesting points would like to include here:
Bombay dyeing MCAP 2500 crore
Debt – 3642 crore as of March 31

If Bombay dyeing successfully sell the land as they said at 5000 crore:
Bombay dyeing will be left with 800+ crore cash and debt free badge

Companies biggest drawback in interest paid on debt which eating up all Operating profit and end in huge loss

So Company can turn profitable company post land deal.

They have big land parcel at Worli and Dadar and 700 acre odd lands in Mumbai.

For real estate company biggest cost is land cost where for Bombay dyeing land is almost free of cost so margin of profit is very high.

BBTC offer better margin of safety as it holds Bombay dyeing, Britannia , National peroxide and its own business