Stockrabit · Analysts
Questions across 22 calls

Biplab Debbarma

Antique Stock Broking

Sobha Limited

Sobha Limited CC-Jan26.pdf · 2026-01-16
Wish you all a very happy New Year. Sir, my first question is on Greater Noida. I , my understanding is that the project was at advanced stage, I mean, last quarter itself. And now we are saying that it could be launched mid -March. So what is happening there? What is the issue there? It is some regulatory or some market -related decision? Could you elaborate because another developer also postponed its launch. So is there any issue something that should be aware?
Okay. Okay. That ’s good. And sir, congratulations on Inizio launch. That is the first ever , actually the project is nearby where I stay. Inizio, now after Inizio and this Greater Noida projects, what is the, can you give us some insight on the business development pipeline? What next in, say, in Greater Noida or MMR? We also read some news where you have bid for a project, railway project also. So can you give us some insight on business development pipeline in NCR and MMR? Yes, sir.
Sobha Limited CC-Oct25.pdf · 2025-10-18
Wish you all a very Happy Diwali. So, my first question is, I mean, you had a very good strong quarter. Congratulations on that, although you didn’t have any major launches. And in the second half, I understand that you have a significant number of large launches lined up. So, if all these launches materialize as planned, looking at the strong absorption in Bangalore and Noida, you have a few launches in Noida. Is it possible we cross INR10,000 crores of presales this year?
Okay, sir. I think – yes, that’s good. Sir, second question is your one project got delayed, I mean launches. Good to hear the project Magnus is getting launched in third quarter, but it was supposed to get launched in second quarter, but delayed due to approval -related issues. So, all these approvals things are progressing? Do you see any risk of delays that could push some of these launches in this financial – current financial – to the next financial year? I mean, how is this – how do you see the approval things? Is there any risk uncertainty regarding that?
Sobha Limited CC-Jun25.pdf · 2025-07-26
Congratulations on the excellent performance. My first question is on the stated launch pipeline for the remaining of the year. You mentioned around 7 million, 8 million square feet. So just wanted to understand, are we planning to launch the entire 7 million, 8 million square feet or we said launch 7 million, 8 million square feet but open just part of each project. And also in the act, I didn ’t hear Mumbai project. So is Mumbai project part of the pipeline? This is my first question.
Yes. My question was what is the brokerage structure? Like how much is paid and when is it disbursed? Is it disbursed at the time of booking or 10% received or staggered? And what is the accounting treatment? Do we fully expense in that year or whenever we pay the money? Like I’m just trying to understand the brokerage and accounting policy of brokerage.
Sobha Limited CC-Mar25.pdf · 2025-05-30
Good afternoon, Jagadish and good afternoon, team. My first question is on the Gurugram. So, Gurugram, are we restricting ourselves mostly in Dwarka Expressway? Or do we have projects that is coming up, say, in other parts of Gurugram? And also, our strategy seems to be very different from other developers in the last 3, 4 years that we have seen. Whereas all the developers that we track or we have seen are trying to sell everything on launches. At least what they’ re saying whereas we seem to use a different strategy, we try to sell our project life cycles. So my first question is this on Gurgaon.
Okay, that’s good sir. And my second is more of a clarification needed in the slide #17. You know, the area in ongoing and upcoming for Gurugram and Noida. I am just trying to decipher it. So are you thinking Gurugram, in the ongoing portion, you have only 0.02 million square feet of SBA? I mean, I am just trying to interpret this in ongoing and forthcoming for Gurugram and Greater Noida?
Sobha Limited CC-Dec24.pdf · 2025-02-07
So my first question is on the MMR project that you plan to launch in FY ’ 26. Can you give us some insight on the project like in terms of GDP, what is the size of the project? What kind of project it is JDA, SRA or outlet purchase? And where is the location?
Okay. My second question is what would we attribute the slippage in guidance to? Should we say that because of slow sales velocity in the Gurgaon project or there is a moderation in demand or it's because of approval challenges? I mean, if we have to pinpoint the reasons for the slippages?
Sobha Limited CC-Jun24.pdf · 2024-08-09
Sir, my first question is on the reported EBITDA margin. That has been low for a while. So, sir, what would be the projected margin for FY25 and ‘ 26 based on the revenue recognition that is estimated and by when do you think we can cross reported EBITDA margin?
Second question is on your venturing into new developments, Mumbai and Noida. And welcome to Mumbai, sir. I just wanted to know this project what kind of these are JDA projects and from the million square feet, what will be the total price in Mumbai and in Noida?

Prestige Estates Projects Limited

Prestige Estates Projects Limited CC-Nov25.pdf · 2025-11-13
Congratulations on the excellent performance. My first question is on the presales. I won't be asking guidance. But sir, just wondering, would you consider holding back some launches once you cross, say, INR25,000 crores, INR26,000 crores increases and roll these new launches over to the next year?
Okay. That's great to know. And sir, just that you have a capex to be incurred of around INR14,000 crores in commercial and retail. And I'm just wondering how to see it because in the event of a slowdown in the residential cycle, which doesn't look likely, but suppose it happens, how would this impact your capex spends? I mean, how do you intend to fund this INR14,000 crores over the next three, four years? And what kind of pressure it would have on your balance sheet? So just if you could give us...

Lodha Developers Limited

Lodha Developers Limited CC-Nov25.pdf · 2025-10-31
So, I have just one question. How do you view the residential prospects of Palava city once full-scale infrastructure, including, say, bullet train and all the upcoming road infra becomes operational? Given significant supply concentration in Palava, do you think that this demand for Palava will be coming from the shift of demand from Thane, Mumbai, Navi Mumbai or will it primarily capture peripheral demand? I mean I'm just wondering, like is it a family contemplating to buy an apartment in Thane and Ghatkopar or South Mumbai would find Palava at 30 mins or say people in Kalyan, Boisar or Panvel would find Palava at 30 mins distance, once all this happens? That's my question.

Brigade Enterprises Limited

Brigade Enterprises Limited CC-Mar25.pdf · 2025-05-15
Congratulations for another stupendous year. My first question is on that only. Can you maintain similar kind of 20%, 30% -- 25%, 30% sales value growth in the next foreseeable future? What's your take on this on the presales growth?
And ma'am, for the last 3, 4 months, we've been hearing a lot of narrative that looking at the economy and everything, the real estate cycle may be -- may see some kind of moderation. Q4 numbers are good, but going forward, numbers may be presales or absorption may see moderation as you will see, last few years, the absorption. People are selling 50%, 60%, 100% on launch. That may not be sustainable in the long run. So in April, May, whatever you are selling, have you seen any kind of moderation compared to what you saw, say, FY '24, FY '25, the kind of value -- sales velocity you saw ? So, have you seen any moderation in the last few months in your portfolio?
Brigade Enterprises Limited CC-Mar24.pdf · 2024-05-30
So my first question is on the realization. We saw a significant jump, almost 23% year-on-year growth in realization. Just wondering what led to such jump in realization. Is it like a product like mix is reading towards more premium products, or sale projects seeing a significant jump in selling rate?
Okay. That's great. And ma'am, so what I saw is last this year in residential, you launched around 5.36 million square feet of projects. And last was also similar kind of launches, new launches in residential and then the disruption in terms of volume.

Aditya Birla Real Estate Limited

The Phoenix Mills Limited

The Phoenix Mills Limited CC-Dec24.pdf · 2025-01-31
Good morning, Shishir and team. First question is on , I calculate normally the rental income divided by the consumption of your mall portfolio. Typically, it is 14% to 15%, but this quarter it was around 12.7%. Just trying to understand, should we read anything into this ? Or does it indicate that we will see rental income growth for the ratio to reach to 15%?
Yes. Sir, second question is on the new Palladium area, that expansion area. So, has it been fully leased? And by when should we expect the numbers from this new Palladium area?

K.P.R. Mill Limited

Welspun Living Limited

Welspun Living Limited CC-Dec23.pdf · 2024-01-31
Good afternoon, ma'am. So my first question is on margins, decent set of margins. So if we assume the cotton price remains stable, like INR55,000 kind of park and the kind of p rice and assume that there is no escalation in freight cost, what kind of margin shall we see as capacity utilization goes up? I'm just t rying to understand that can is there a headroom for margin to go upside from 15% to 20% in the next two, three years?
Second question is, because you have various subsegments in your business. You have advanced textile, domestic and export brand. So in terms of effectiveness, which kind of segments are you witnessing significant growth? Or you have a very optimistic outlook?