Whalesbook
Dekho bhai, luxury aur ultra-luxury housing ki demand ekdum se badh gayi hai, especially High Net Worth Individuals (HNIs) aur Non-Resident Indians (NRIs) taraf se. Bade apartments aur premium amenities ki trend chal rahi hai, jisme company achha perform kar rahi hai.
Isi wajah se, unka 'Lotus Celestia' project toh launching ke sirf seven days mein hi ₹155 crore ki bookings le aaya! Company ka Q4 FY26 total revenue raha ₹308 crore, jabki cash collections ₹82 crore ke aas paas the.
Company ne toh ek aur mast move chala hai, woh bhi GIFT City mein enter kar rahe hain ek mixed-use development ke liye. Aur ek important baat, promoter group ne khud FY26 ke liye apna dividend waive kar diya hai taaki woh paisa projects mein wapas invest kar sakein. Yeh future expansion ke liye unka commitment dikhata hai.
Par ek cheez dhyan rakhne wali hai – booked revenue toh badh raha hai, lekin cash collections abhi booked revenue se kam hain. Iska reason yeh hai ki bahut saare bade projects abhi construction ke starting stages mein hain.
Ab future ki baat karein toh FY27 ke liye company ka pre-sales ka target ₹1,800 se ₹2,000 Crore tak ka hai. Woh log forecast kar rahe hain ki FY27 mein revenue aur profit after tax (PAT) mein 55% se 60% tak ka growth hoga. Iske liye unhone six projects launch karne ka plan banaya hai, jinka combined Gross Development Value (GDV) ₹5,000 se ₹5,500 crore hoga. Matlab full speed mein expansion!
Lekin bhai, risks bhi hain jin par nazar rakhni padegi. Sabse pehle, Ghatkopar project Supreme Court mein ek dispute ki wajah se atka hua hai, jisse ₹600 crore ka GDV risk mein hai. Fir, kuch redevelopment projects, jinmein special infrastructure chahiye, unmein 3-4 quarter tak ka delay ho raha hai. Aur haan, input aur labor costs 7% tak badhe hain, par company bol rahi hai ki overall project costs par iska impact 1.5% se 2.5% tak manageable hai.
Market mein DLF Ltd., Oberoi Realty Ltd., aur Prestige Estates Projects Ltd. jaise bade players hain. Oberoi Realty aur Sri Lotus dono Mumbai pe focus karte hain aur premium branding rakhte hain.
Investors ko FY27 mein bade luxury projects ke launch aur capital reinvestment par focus karna chahiye. Company ki guidance growth dikha rahi hai. Aage yeh dekhna hoga ki projects kaise execute hote hain aur booking kaise cash mein convert hoti hain. Ghatkopar project ka case solve hona bhi bahut zaroori hai.