Lodha Developers

“Over the longer period, we want to become a meaningful player in the city and see ourselves having a mid-teen market share.”

“So yes, while 1 project seems to have moved from Q4 into Q1 of the next fiscal, that doesn't change our outlook in terms of our pre-sale’s performance.”

“One-third, two-third mix in Q3 and Q4 is likely to sustain maybe even slightly higher because we have a heavy volume of launches in Q3, Q4 compared to Q1, Q2.”

“While we are not giving next year's guidance at this time, we do see that there is a higher profitability in the business, which is not a one-off for this year.”

“We obviously are carrying out the tapping of that network by building the substations at our own cost, for which work is underway, but that is being done by us at our cost.”

“So, we've updated it in line with those approvals. This 5 gigawatts is an outcome of the available transmission ecosystem in and around the site, and it doesn't require a significant upgradation of the existing transmission network.”

“It's important to note that with this campus of about 5 gigawatts of input power, which will translate into a little over 4 gigawatts of IT output.”

“our new launch in Bangalore delivered significant success and therefore, Bangalore's pre-sales for the second quarter was over INR 1,800 crores.”

“I would also like to update you that we just entered and have started the pre-sales for our first project in Gurugram NCR and the start has been quite constructive;”

“We expect that calendar year 2027 will lead to a significant uptick in pre-sales at Palava on account of this infrastructure improvement.”

“We expect to have the definitive documents executed for the first BTS box of in this fiscal year and to start construction for the boxes also in this fiscal year with a view to delivering those boxes to the end tenant in fiscal '29, and therefore, starting the rental earnings from our data center BTS program in fiscal '29 itself.”

“In addition to this, we expect the land sales to be an ongoing and continuous and predictable pattern with 1 transaction happening every 6 months or thereabout.”

“In terms of where we stand now, at the start of the second half, we've had a strong start to the third quarter. October, the festive season has been strong.”

“Having said that, we believe that the segments that we serve are not really affected by the change in interest rates, and hence, we feel that there will be no adverse effect of any moderate further increase in interest rates from this point onwards.”

“We are hopeful that as and when the Middle East situation stabilizes, there will be a positive momentum to Indian growth with oil prices coming down”

“We would like to point out that about 50% of our sales by value come in the segment between INR 1 crores to INR 5 crores value of the unit and the balance comes from the segment above INR 5 crores.”

“Impact of mortgages on the segment above INR 5 crores is negligible. And hence, we do not expect any impact of interest rate increases in that segment.”

“Beaumont estate were priced above INR 3 crores with a few units going up to as high as INR 13 crores to INR 14 crores compared to the fact that most of the competition supply was at around INR 2 crores.”

“So, our YTD price growth is at about 4%. This is partly a reflection of our stronger pricing power, which is reflecting in our underlying profitability.”

“So, we would expect a further pickup in construction spend, all other things being equal.”

“Yes, this is our overall blended profitability. So obviously, it takes into account the expansion into new cities.”

“Any of the categories which are energy intensive in their production for example, tiles, there the cost inflation is starting to have some impact.”

“We have achieved this while moderately reducing our net debt, which now stands at about INR 52 billion, about 0.2x equity.”

“The first half collections were at about INR 76 billion, up 19% year-on-year, and the operating cash flow was about INR 27 billion.”

“Q2 collections were about INR 35 billion following the usual pattern, whereas the Q1 collections obviously had the land transaction as a part of it and hence, were higher.”

“It's in multi-hundred megawatts; Being a confidential transaction at this stage, we won't reveal specifics, but it's a multi-100-megawatt transaction plant.”

“From a people's point, we have scaled significantly from starting up in 2023 to about 350 plus employees across all functions. We expect this number to grow significantly over the next year, especially in operations, in line with our growth ambitions.”

“In our opinion, the direct demand effect is limited to the NRI demand from the Gulf which is about 4% to 5% of the sales.”

“The disruption, we believe, is more a phenomenon at the entry-level jobs, which pays around INR 500,000 to INR 600,000 per annum salaries, a segment which is not our customers.”

“So, you're correct in saying that the entry-level housing homes beginning of INR 1 crore, INR 2 crores, INR 3 crores are the ones which are likely to have impact from the increase in interest rates.”

“And we are hopeful that if there is good adherence to those standards, there will be no negative impact on construction activity.”

“The water used in the data center is almost entirely recycled water, which is typically historically been thrown away by the municipal authorities into the sea.”

“We've delivered profit after tax of INR 2,386 crores, which is up 63%.”

“Our revenue at INR 9,460 crores is up 30%. Our pre-sales of INR 96 billion are up by 7%; all 3 being the highest ever in our history.”

“we've delivered INR 96 billion of sales in the first half with only INR 4,000 crores of GDV of new launches.”

“In terms of other updates, the Mulund-Airoli-Palava Freeway is now clinically complete. And we think that it will open in the next few weeks.”

“Obviously, the opening of the bullet train, which is scheduled for 2029, will be a significant step further in the direction of Palava moving from a secondary suburb to becoming a primary suburb.”