Hi Reem,
Thanks for the analysis. Appreciate if you can share how you arrive at the #s.
My rough calculation is as follows:
Total built up area = 20262 sq m of land x 2.5 FSI (assumption) = 50655 sqm = 546000 sqft of built-up or saleable area.
Potential sales realization at 100% sale: 546K sft x Rs.26900/psf = Rs.1468Cr
Potential sales realization at 80% sale: Rs.1468 Cr x 0.8 = Rs.1175Cr
Operating profit (at 58% OPM) = Rs.681.5Cr for 80% sales realization
Translates to Rs.73.4Cr of sales/quarter for 16 quarters and Rs.43.6Cr Op profit/quarter for 16 quarters, on an average.
Being a novice, I may be missing something here. Appreciate if you can kindly clarify. Thanks in advance.
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