FY22Q2 concall notes:
- Sales contribution outside Pune (Mumbai + Bangalore) ~ 35%
- Have 11 priority launches (6.2 mn sq.ft saleable area, 5000 cr. potential topline, 8000-8500 / sq.ft realizations; most of these will be launched in FY22 with some spillover to Q1FY23)
- Life republic portfolio realization has gone up from 4900/sq.ft to 5200/sq.ft. For premium projects in Mumbai, realizations have gone up by 2-4%
- Will do >2.5mn sq.ft in FY22 and increase over that in FY23
- 9 mn sq.ft of current undergoing projects will get delivered in the next 3 years (expected sales ~ 5000 cr., EBITDA margins ~ 20-25% and PAT ~ 10-15%). This will be almost evenly spread over the 3-years
Disclosure: Invested (position size here)