Latest CNBC interview (link)
- Confident of growing 25-30% in FY23, don’t expect much impact of stamp duty withdrawal on volumes
- Deliveries will be 3mn+ in FY23
- Have taken price hikes from 2-7%
- Net debt has come down to 120 cr., this should go up as this kind of debt is too low and they will deploy capital in newer opportunities
Here are their historical numbers.
| FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | |
|---|---|---|---|---|---|---|
| Sales volume (lakh sq.ft) | 20.80 | 20.90 | 27.00 | 25.10 | 20.80 | 27.10 |
| Sales value (cr.) | 1’220.00 | 1’198.00 | 1’432.00 | 1’331.00 | 1’201.00 | 1’739.00 |
| Collections (cr.) | 965.00 | 1’109.00 | 1’247.00 | 1’368.00 | 1’128.40 | 1’574.00 |
| Average realization (per sq.ft) | 5’836.00 | 5’765.00 | 5’302.00 | 5’309.00 | 5’785.00 | 6’407.00 |
Disclosure: Invested (position size here, no transactions in last-30 days)