I have researched a lot about this company as far as possible and following things I found since last 2 years
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Company currently has in principle approval for 15,000 crore revenue where for
**Bombay dyeing profit margin is expected to be 75% or more.**
For a real estate company major cost is land. In this case Bombay dyeing has land for almost free of cost
Few month back I did some mathematical calculations of probable land value and revenue generation capabilities based ICC tower
I found out Bombay dyeing has probabilities to earn up to 3 lakh crore revenue from their own land parcel in next 10-20 years
Major problems will be land in name of trust so they have to face lot of legal issue before developing those land bank not easy
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Wadia has 700 more acre land in th Name of other group companies and various other trust
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As far as I know biggest area land holding is in Goregaon East …near arey forest area ( I am not 100% sure )
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Go air liability has been pledge by 94 acre land to secure the debt
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In future Bombay realty will get demerged for sure
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All land parcel in name of various other group and trust will be transferred to Bombay realty
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Debt free company from here on
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CEO has past work ex and expertise in Realty business so textile will be their just side business
Disclosure: I don’t have any interest in Bombay dyeing but I have been studying Wadia group since last 2 year becoz I like Bombay Burmah
BBTC has 44.5% Stake in Bombay dyeing
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