Stockrabit · Analysts
Questions across 37 calls

Pritesh Sheth

Axis Capital

Aditya Birla Real Estate Limited

Aditya Birla Real Estate Limited CC-May26.pdf · 2026-05-07
Pretty clear. And in terms of, let's say, any business development we sign off from here on, right, we saw Khar is getting added to the FY '27 launch pipeline and we signed that project just in March or April. So any of the potential business development opportunities you think can be launched this year by Q3, Q4? Or for this year, roughly INR10,000 crores kind of launch guidance should be the number to look at?
So a couple of follow-ups. First, if you can highlight the status of the commercial projects that we are planning in Worli, Centurion Phase 2 and redevelopment of Century Bhavan?

Sobha Limited

Sobha Limited CC-May26.pdf · 2026-05-05
First question again on Rivana, just harping a bit on the response that we got versus what we have got in Crescent. And what we had heard is Noida as a market is doing better than what we see in Gurgaon. On that backdrop, your response of 25% sales at launch, what do you think could have been better in terms of, to get a better response versus what we have seen for other peers? Even we had got some pricing feedback that it start higher than what was expected. So was it intentional in terms of pricing that project higher to get a very sustenance kind of a response, sustenance kind of sales from this project?
Sure, sure. Got it. That’s helpful. And just second, on Hoskote, you talked about the residential portion. Are we also planning to build any rental yielding assets in Hoskote considering we have a large 100-acre land parcel is part of first phase and overall 250-300 acres. So your thoughts on building a rent yielding assets in Hoskote?
Sobha Limited CC-Jan26.pdf · 2026-01-16
Just one question on the growth visibility side. So I think this year have been good so far and probably will end well and probably we’ll surpass the aberration that we had last year. Can, for how long we can continue this 15%- 20% kind of a growth that we would have had in last 2 years? And in terms of city -wise, probably Bangalore, we would be already doing INR4,500 crores, INR5,000 crores of presales. Is there more growth possible? And apart from that, which all cities do we think we can scale up further to target that 15%-20% growth over next couple of years? Yes.
Sure, sure. And just while you have elaborated city-wise pipeline quite well in terms of forthcoming projects and the subsequent land, but just in which city or markets you think you would continuously need some business development to be done over the next 6, 12 months, so that your growth targets are aligned in as, for the company as a whole?
Sobha Limited CC-Oct25.pdf · 2025-10-18
First, on the sales performance of this quarter, we saw a good surge in sustenance demand. Just wanted to know what actually worked, especially, I guess, in the projects like Town park, what went right for us this quarter to have a healthy contribution? And then how do you see the Gurgaon projects, which were launched last year? Any sort of action you think you need to take there to have a good velocity on those projects? Yes, that’s my first question.
Sure. Got it. Just on Townpark, we launched this project, I think, in March or February this year. And after 6 months, we are seeing this good set of demand. That’s usually kind of timelines that people are taking now to decide on purchasing a home. Just trying to understand because at launch, we didn’t see such good response that we are seeing now. So just trying to understand that this is more of a decision -making time that these – the customers are taking right now or something else which has worked.
Sobha Limited CC-Jun25.pdf · 2025-07-26
Congrats on great numbers. Firstly, just on this response to this Greater Noida project that we got, how do you read this? Was the market, Greater Noida too hot, I mean, too much of demand right now? Or from our side, we strategically did something to get such a kind of response? And how do you expect the response for other launches during the year across the markets that you see, how the other market is behaving versus what you have seen in Greater Noida? That ’s my first question.
And your thoughts on other markets like Gurgaon, Bangalore, Kerala, where you had a launch, how are those markets behaving in terms of demand versus your — in general expectations about the current demand situation? Has there been better in line with your expectation or slightly lower, if you can highlight or give any color on each of these markets?

Godrej Properties Limited

Godrej Properties Limited CC-May26.pdf · 2026-05-04
Yes. Thanks for the opportunity and congrats on great results for this year. First one is just on the free cash flow discussion that we are having earlier. We have also given a dividend payout - - I mean, we have given a dividend payout for next year. What does it indicate? I mean, does it indicate that this will be a regular phenomenon now and fundamentally, we are much in a better position to generate free cash flow considering that we would be paying regular dividends, yes. So just trying to understand the underlying message here when we announced this dividend?
Sure. That's helpful. And on the guidance part, this is obviously better than what we had last year in terms of the percentage growth, 12.5% last year to now almost 15%. You know, what are we expecting to be better this year? Is it the demand scenario? Or we have a better hold on the pipeline that is about to get launched this year and hence, slightly better guidance than last year despite a higher base?
Godrej Properties Limited CC-Nov25.pdf · 2025-11-06
Yes, thanks for the opportunity. So, just on NCR a bit. I mean, we are doing well across the market where we have two bureaus, Bangalore, Pune, MMR, NCR in first half seems to be lagging a bit. Do you think we can catch up and match up the INR10,000 crores run rate that we have clocked in the last couple of years and key launches that we should look forward to in this market, especially where your Gurgaon, your strategy has been more of quality led sales, you know, will other markets or other projects bring in that velocity as well? So, that's my first question.
Sure. And while we are in NCR, you know, any update on Ashok Vihar, if you want to provide, you know...?

Lodha Developers Limited

Lodha Developers Limited CC-Apr26.pdf · 2026-04-27
A couple of questions. First one, just trying to understand which segment would have been impacted most by this Middle East. We had a INR500 crores shortfall from our guidance last year. And again, if I assume ideal guidance would have been 20%, we are at 17%, again, a INR500 crores shortfall. So which segment was impacted and which one has remained kind of immune to this conflict? Yes, that's my first question.
Sure, sure. Makes sense. Makes sense. And just on Palava, I think we ended quite well in Q4 with almost INR800 crores of presales. What would be your outlook for Palava's residential segment next year, given that we are on the verge of seeing completion of that Airoli -Katai Naka. Even Upper Thane developments that are in progress would also be on the verge of completion. So , what's your thought process on where would we be in FY '27 for Palava Residential, if you have any numbers, you have thought about? Yes.
Lodha Developers Limited CC-Feb26.pdf · 2026-01-29
Yes, a couple of questions. So first one on how do you read this quarter's performance, because most of the sales came from, I would say, a couple of projects concentrated in one market, which is not generally how we obviously operate. It's more driven by sustenance and regular sales across markets. So first one on that. And second, on the business development side, while we had a good year, but again, most of the projects are concentrated in South Central. Was it just a conscious effort to build that pipeline? Or we are probably looking directionally towards where demand is stronger and hence, focusing on those markets. So, your thoughts on that, yes?
Sure. And just one last, if you can elaborate this large project that we have signed up this quarter, almost INR 20,000 crores, 2 million square feet, INR1 lakh per square feet kind of a rate on the saleable area. So just you can put some thoughts on what the project is about?
Lodha Developers Limited CC-Nov25.pdf · 2025-10-31
Seasons greeting to you and everyone on your team. First question is on the weekly sales number that you have put out, roughly INR30 million, if I'm not wrong, per week. How do you see this number tren ding in second half of this year or later part of the second half whether we generally see improving trend? Or it likely remains similar. Do we expect the bulk of the heavy lifting apart from the non -launch sales will happen from launches that we have line d up in second half? So, your thoughts on that?
And on this power shell opportunity, if I'm correct, you're looking at least 250 megawatts of development through power shell by yourself. What kind of capex that we think we would have to spend to build? So much, obviously, over a period of time, but just in terms of economics, if you have some initial read through, how much we tend to spend on per megawatt basis? An d how probably we'll look to fund this capex, yes.

Brigade Enterprises Limited

Brigade Enterprises Limited CC-Feb26.pdf · 2026-02-02
Just first on the contribution from Brigade Gateway in this quarter that we had launched, how much would be that number? And second question is in terms of launches that we have highlighted for Q4, at what stages they are? How much -- how many we have applied for RERA; how many are still under plan approvals? If you can give us those details, that would be helpful?
Sure. Got it. And in terms of Gateway, the total GDV of launch would be somewhere around INR1,600 crores - INR1,700 crores. Out of that, we have done INR550 crores, slightly slower response than the first phase. Obviously, timing was different, but how you read into this response? Anything from our side, we could have done to have a better response in terms of timing of launch or in terms of ticket size? And how do you think with this launch, how do you read the overall Hyderabad market right now?
Brigade Enterprises Limited CC-Nov25.pdf · 2025-10-30
First question is on this upcoming Hyderabad launch where sales are already underway. Just wanted to understand what would be our strategy in terms of sales there because first phase was completely sold out at launch. Looking at the demand, how do you think this project would pan out and whether you would want to if at all demand persists, you would want to sell out this phase as well? So just wanted to understand your strategy there?
Sure. Got it. And second, I think last quarter you mentioned that the North Bangalore project kind of looks like would be next year, but you currently said that it might happen in Q4. So that's probably one addition to our overall launch pipeline in this y ear. That's incrementally to what we were expecting?

DLF Limited

DLF Limited CC-Jan26.pdf · 2026-01-23
Hi Sir, thanks for taking my question. Just on Dahlias, so, any specific set of inventory planned to be open for this quarter in terms of if you can quantify that or everything is open for now, but we are taking it, you know, invite by invite. So how should we one look at that?
Sure. And how should we think about the monetization? Obviously, we don't want you to rush on that. But in general, like initially when we launched, we had a target of, I mean, we have internal targets of probably monetizing it in three years. That still holds or longer or shorter? What would be the time now?
DLF Limited CC-Jun25.pdf · 2025-08-05
Yes. So thanks and congratulations for the great quarter. First question, in terms of launch plans, any changes for our project launch planned in DLF City that is probably Hamilton Phase 2, IREO or all of these projects would largely be FY '27. That's my first question.
Sure. And Aakash, congrats for a great response on the Mumbai launch. If you can highlight on the demand, which facets of the geography segment this demand came from? And how do you see this spanning out for the second on future phases? Any change in mix from what we saw in the first phase to second phase you envisage for our Mumbai launch?

Prestige Estates Projects Limited

Prestige Estates Projects Limited CC-Nov25.pdf · 2025-11-13
Just a couple of questions on the residential side. So we already have acquired INR33,000 crores of GDV this year, and it's all sitting in the land bank right now. How much time it will take for us to bring that into the upcoming or forthcoming pipeline? And apart from this 250 acres, there is another 750 acres of land sitting in our balance sheet since quite some time. By what time -- by when can we start launching these projects? Just trying to get clarity on our pipeline beyond INR57,000 crores, which you have already disclosed as the upcoming pipeline.
Okay. That's helpful. And second on the...
Prestige Estates Projects Limited CC-Jun25.pdf · 2025-08-06
Yes. Just a couple of questions on Hyderabad and Chennai market. I think Hyderabad Prestige City after that initial success, project has now gone into sense a little bit slower than our usual standards. I think we last quarter did around INR500 crores, INR600-odd crores of sales combined from Prestige City as well as I think Spring Heights. So how are you reading Hyderabad as a market currently? Any specific reason why we are a little bit slow on monetizing the TPC Hyderabad inventory? And also Chennai, your experience with this first project and since you are expanding your pipeline there, in general, what would be your expectation of annual contribution from Chennai as a market once we build this pipeline?
Sure. And just on Prestige City, Hyderabad, any specific reason why it has gone a bit slow after that initial rush?

Signatureglobal (India) Limited

Signatureglobal (India) Limited CC-Nov25.pdf · 2025-11-10
First is on the launches, 8 million square feet you talked about, while you said 6 million square feet in 37D and 4 million square feet in Sector 71, that's a massive supply for that market at one shot. So how are you planning to phase this out over the next 6 months or a couple of quarters? Yes, that's my first question.
Got it. So 4 million square feet from Sector 71 and another 4 million from 37D is how we should look at in terms of launches in second half for now?
Signatureglobal (India) Limited CC-Jun25.pdf · 2025-08-08
Congrats on a good quarter. First question, I think how would you read the response that you have got for Cloverdale? I think we have got INR1,700-odd crores of contribution out of roughly INR2,500 crores, INR3,000 crores what we would have launched, okay? So overall velocity looks lower than what we did last year with Titanium. I understand there is a luxury tower in this launch as well, which is more of a INR5 crores, INR6 crore ticket size, which would be slower. But how do you see overall response -- how would you read this overall response? Was there a conscious effort to cut down on the speculative demand that we were looking in that project and hence, a little lower velocity? So yes, first question on that.
Got it. And that iconic tower, which this project has, GDV of that would be how much like INR700 crores to INR800 crores for that tower or lesser?

The Phoenix Mills Limited

The Phoenix Mills Limited CC-Nov25.pdf · 2025-10-31
Yes, thanks for the opportunity and season's greetings to everyone in the team and congrats Shishir on your elevation. First question on the category-wise growth. As you highlighted, quite a healthy growth across categories. Just want to understand how much of that is probably some effect of base last year and how much do you think as this GST-related consumption boost has contributed to this growth and how do you think about it going ahead in terms of categories which are going to benefit most with whatever the government is trying to do.
Yes. I was just trying to see how much of that is because of the base effect of whatever weakness we had last year post -election and overall a weaker consumption environment and how much is because of the GST rate benefit. Has anything of that started to come through?