Raymond Realty
The company started phase 1 of the real estate business in Feb 2019.It has planned development of 20 acres of residential development − Phase 1: ~14 acres of development
Total 10 towers with ~2.7 mn sq. ft of saleable area Total units planned for sale: 2,976.
Cumulative bookings of 1,173 units till Dec-20
The company received ~Rs.1610 crs as booking value in Real estate in FY23.[3] In total , Raymond received total booking value of ~ ₹3,900 Cr. within 4 years of launch
Debt Reduction
The company reduced its debt by ~Rs. 400 crs to Rs. ₹689 crs. as of FY23.
PROS
Company has delivered good profit growth of 37.4% CAGR over last 5 years
Debtor days have improved from 62.0 to 33.1 days.
Company's working capital requirements have reduced from 71.5 days to 55.3 days
The company started phase 1 of the real estate business in Feb 2019.It has planned development of 20 acres of residential development − Phase 1: ~14 acres of development
Total 10 towers with ~2.7 mn sq. ft of saleable area Total units planned for sale: 2,976.
Cumulative bookings of 1,173 units till Dec-20
The company received ~Rs.1610 crs as booking value in Real estate in FY23.[3] In total , Raymond received total booking value of ~ ₹3,900 Cr. within 4 years of launch
Debt Reduction
The company reduced its debt by ~Rs. 400 crs to Rs. ₹689 crs. as of FY23.
PROS
Company has delivered good profit growth of 37.4% CAGR over last 5 years
Debtor days have improved from 62.0 to 33.1 days.
Company's working capital requirements have reduced from 71.5 days to 55.3 days
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.