Can you elaborate a bit more on what you are seeing in terms of profitability for Mundra and the coal mine separately as well?
So, you are breakeven at PAT as well.
Questions across 48 calls
Puneet Gulati
HSBC
Tata Power Company Limited
Prestige Estates Projects Limited
Thank you so much, and congratulations on great resale here. My first question is with respect to the residential debt, which is INR5,000 crores odd. Can you comment upon what does this debt release relate to and how do you see the trajectory of this debt, given that you're recording such startling sales and collections as well? How should one see this moving in a year down the line?
Okay, understood. That's very clear. So how much of this INR7,000 crores is towards land and how much would be just working capital stuck in various stages of projects?
Sobha Limited
Thanks you so much and congratulations on strong cashflow and reduced debt. My first question is on the pipeline you eluded to the 3.44 million square feet Neopolis launch. Can you talk a bit about what kind of response you have received and when you talk about 6 to 7 million square feet potential launch pipeline, is it over and above 3.4 or is it inclusive of 3.4?
And in that context if I think about your collections to sales ratio, which is roughly about 81% and I don't think you have much to sell from your existing area. So, when you launch Neo, would it be fair to assume that the collection ratio to sales can go down substantially or it should not be that material a fall?
Larsen & Toubro Limited
Sorry again to deliver on the same point here. On the margin, you said that some of the newer jobs are likely to miss the margin recognition. But if the execution phase is strong, which is visible by revenues, why would that happen?
Understood. So what you're saying is basically the -- growth contribution is driven more by older jobs and newer jobs will probably start...
DLF Limited
Thank you so much, Congratulations on good numbers. My first question is on the DevCo's commercial portfolio, the DLF 5 and City Center. The GAVs there seem to have fallen on a quarter-on-quarter basis. Can you comment what's happened there?
Sir, I know I understand, 20% fall, which is what bothered. So just wondering...
Petronet LNG Limited
My first question is on the PDH/PP plant , can you please run down your assumptions on what kind of margins, operating cost are you assuming when you indicate the 20% project IRR and 30% equity IRR?
And more importantly, the OPEX , would there be any OPEX advantages that you envisage versus the normalized numbers, if you can give some comments there?
Oberoi Realty Limited
Congratulations on good numbers. Can you also comment a bit on the Mulund project, although the pace was quite healthy this time, but you still have almost 800 -plus units to sell and project is fully complete. If you can elaborate a bit on how you think you will monetize and what is the pace that you expect from here on?
Lodha Developers Limited
Yes. Thank you so much and c ongratulations on good numbers. Can you talk a bit about the experiences that you are having in terms of business development in cities like Bangalore, what kind of IRR are you expecting from the projects there? And how is the competitive intensity in terms of big lands?
And within Mumbai, in terms of business development, would you focus on JDA? Are you also looking to become more aggressive in the society redevelopment projects, etcetera? Any thoughts there?