Over 10yrs in Equity Research | Track Indian cement and real estate sector | Sports Enthusiast | Hopeful Indian |
Jun 25, 2021 • 18 tweets • 4 min read
Merger b/w #IBREL and assets of #Embassy – An overnight turnaround or a long term value play? (For educational purpose)
Expected cash flows over next 5-6 yrs:
As on Mar-21, IBREL’s ~21msf of RTMI (6msf) and U/C (16msf) projects are expected to generate ~INR6750cr of net surplus
~8msf of planned projects will generate ~2600cr of surplus. Total ~INR9350cr.
Of which ~INR5600cr or 60% from MMR projects, 33% or ~INR3000cr from Gurugram projects & rest ~INR750cr from Tier2&3 towns
