NBCC (India) Ltd

- There is no explicit mention of any current or planned fundraising through debt or equity in the provided transcript. - The company has received loans from SBICAP and a consortium of seven banks for the Amrapali project, but this appears to be existing funding rather than new fundraising. - The focus is on completing ongoing projects and increasing turnover and profit without highlighting any new debt or equity issuance. - Management mentions bright future prospects and improving financials but does not indicate plans for raising new capital via debt or equity in the near term.

- NBCC holds land banks worth INR619 crores planned for development in coming years. - Initial development planned in Patna, followed by Coimbatore and Jaipur. - Redevelopment projects with state and central governments are actively pursued, leveraging government interest since they avoid direct funding. - International projects include social housing construction in Maldives (INR1,000 crores), Mauritius, Zambia (mass housing), Seychelles, Burundi, and Jeddah (Ministry of External Affairs Chancery Building). - Additional business of INR7,000-8,000 crores planned for construction of additional Floor Area Ratio (FAR) in existing projects like Amrapali. - Four tenders worth around INR4,000 crores in pipeline under 7 GPRA, not included in INR20,000 crores ongoing work. - Targeting INR10,000-12,000 crores worth of project awards in FY24, indicating capital deployment into new projects.

- FY '24 stand-alone revenue target: INR 9,000 crores - FY '24 consolidated revenue target: INR 11,500 crores - Order inflow in FY '23 (consolidated): INR 6,500 crores - Ongoing work as of March '23: INR 20,000 crores (stand-alone) - Plan to award new projects in FY '24: INR 10,000 - 12,000 crores - Real estate inventory for FY '24 projection: INR 250 crores (own), INR 6,000 crores (Ministry redevelopment projects) - Bright future expected due to resolved project issues, no exceptional future items anticipated - Seven new real estate markets and redevelopment projects expected to drive growth - Significant commercial project sales and bulk sales planned (e.g., Sarojini Nagar, World Trade Center) - EBITDA margin expected to improve around 5%, PAT margin approximately 4% to 4.15%

- Profit before tax and turnover expected to be substantially higher in the coming financial year compared to the current year, with no anticipated exceptional items. - FY24 stand-alone revenue target is around INR 9,000 crores; consolidated revenue guidance is INR 11,500 crores. - EBITDA margin expected to improve to approximately 5%, with PAT margins around 4% to 4.15%. - Improved margins are expected due to economies of scale and fixed costs being spread over higher revenue. - Redevelopment projects, especially with state and central government focus, are driving growth prospects. - Order intake on consolidated basis for FY23 was INR 6,500 crores; planned order awards in FY24 are INR 10,000 to 12,000 crores. - Management signals a "very bright future" post-pandemic with growth in seven real estate markets and redevelopment opportunities.

- As of March 2023, NBCC's total order book stands at INR45,000 crores (stand-alone basis). - On a consolidated basis, the order book is INR54,200 crores. - Approximately 50% of the order book is redevelopment projects; the other 50% is PMC and EPC projects. - For consolidated order book, redevelopment constitutes about 40%, with 60% being PMC. - Ongoing works are valued at INR20,000 crores. - NBCC received new orders worth INR6,500 crores during FY 2023 (consolidated). - Project awards planned for FY 2024 are between INR10,000 crores and INR12,000 crores. - Order backlog includes major projects such as social housings in Maldives (INR1,000 crores) and international projects in Mauritius, Zambia, Seychelles, Burundi, and Jeddah in the pipeline.