At the moment I don’t know answers to above questions, but would like to share Q2FY24 concall mgmt comments-
- FY24 sunteck maxxworld will be completed then 750 to 850 crs will be recognized in FY24
- FY25 sunteck city 4th Avenue in ODC Goregaon west will be completed then 950 to 1050crs revenue will be recognized in FY25
- Approvals received for Kalyan project, launch before diwali (2023 diwali). Post Kalyan project, 6 large projects are ongoing, example Nepean Sea road project expected to be launched in FY25
- In FY24, 1 commercial project completed-sunteck bkc 51, fully leased for 29yrs, nearing completion, will also be completed in FY24. ROIC on both projects is 30%.
- no significant price increase at the moment
- 7 large projects with GDV of 30K crs and expect it to go upto 50k crs in next 2-3 yrs
Invested and biased. Not a buy or sell recommendation. Not a registered advisor.
Subscribe To Our Free Newsletter |