Unitech is to annouce its fourth quarter results. According to CNBC-TV18's estimates, the company's Q4 revenues are seen up at Rs 759.34 crore versus Rs 659.79 crore.

Its EBIDTA is seen up at Rs 255 crore versus Rs 208.75 crore.

Its EBIDTA margin 33.58% versus 31.63%.

The company's net profit is seen up at Rs 145.7 crore versus Rs 111 crore.
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  • These are not actual results, only a guess.
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  • Yes....analyst estimates
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  • The company recorded a growth of 9.18% (Y-o-Y) in total income, which stood at Rs. 32.92bn for the year ended March 31, 2011.


    Unitech, India’s leading business group involved in large-scale integrated real-estate development and infrastructure projects, has announced its audited consolidated financial results for the full year ended 31st March 2011.
    The company recorded a growth of 9.18% (Y-o-Y) in total income, which stood at Rs. 32.92bn for the year ended March 31, 2011. Net profit for the same period stood at Rs. 5.67bn.
    The Earning per Share (EPS) for the year ended 31st March 2011 stood at Rs. 2.24 on an expanded equity base of Rs. 523.26 Crores. Total paid up capital is represented by 2.61bn equity shares of Rs. 2 each.
    Company’s debt, net of cash, reduced by Rs. 228 Crores during the year. Company has a healthy balance sheet with a real estate net debt to equity ratio of 0.46. As of 31st March 2011, company had a net worth of Rs. 116.14bn.
    Announcing the results, Ajay Chandra, Managing Director, Unitech Ltd. said, “Company’s focus remains firmly on monetization of its geographically diversified land bank through rapid launch and execution of projects, mostly in the mid-income and affordable housing segments.In keeping with its goal, as announced earlier, of launching 10 million sq ft of projects; Company has launched over 6 million sq ft since January 2011 spread across 16 projects.Apart from continuing to launch projects in existing cities, Company entered some new cities such as Ambala, Rewari & Dehradun
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  • MUMBAI: Unitech , country's second-biggest listed real estate company, reported annual profit fell 16 per cent but said it was targeting sales bookings of Rs 5000 crores($1.1 billion) for the current year.

    Rapid urbanisation and rising income levels are expected to boost demand for houses in Asia's third-largest economy, but high inflation and rising interest rates are negatives for the sector in the near term.

    India's central bank has been one of the most aggressive to tighten liquidity, raising rates nine times since March 2010, including a bigger-than-expected 50-basis-point increase this month.

    Unitech said consolidated net profit fell to Rs 568 crores ($125.7 million) for its fiscal year ended March from Rs 675 crores a year earlier. Net sales rose to Rs 3190 crores billion rupees from Rs 2930 crores a year earlier.

    Larger rival DLF Ltd missed analysts' estimates with a 19 percent fall in quarterly profit due to cost rises and warned the RBI's actions to tighten liquidity will likely temper sector growth this fiscal year.
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  • Unitech Limited has informed the Exchange that the Board of Directors of the Company, at their meeting held on May 29, 2011, have recommended a dividend of Re.0.10 per equity share of face value of Rs.2/- each fully paid-up for the year ended March 31, 2011.

    Share price is up 3%
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  • Originally Posted by amit001
    MUMBAI: Unitech , country's second-biggest listed real estate company, reported annual profit fell 16 per cent but said it was targeting sales bookings of Rs 5000 crores($1.1 billion) for the current year.

    Rapid urbanisation and rising income levels are expected to boost demand for houses in Asia's third-largest economy, but high inflation and rising interest rates are negatives for the sector in the near term.

    India's central bank has been one of the most aggressive to tighten liquidity, raising rates nine times since March 2010, including a bigger-than-expected 50-basis-point increase this month.

    Unitech said consolidated net profit fell to Rs 568 crores ($125.7 million) for its fiscal year ended March from Rs 675 crores a year earlier. Net sales rose to Rs 3190 crores billion rupees from Rs 2930 crores a year earlier.

    Larger rival DLF Ltd missed analysts' estimates with a 19 percent fall in quarterly profit due to cost rises and warned the RBI's actions to tighten liquidity will likely temper sector growth this fiscal year.



    Looks like Unitech has bottomed out last week at 30 odd Rs.. Its a good price to enter as negatives have already been discounted in the current price. :bab (22):
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  • quite right.... have been maintaining this for some time... did bottom fishing at 31 last week...:)

    Hope the results will divert some -ve of 2G now....


    Originally Posted by nitin0679
    Looks like Unitech has bottomed out last week at 30 odd Rs.. Its a good price to enter as negatives have already been discounted in the current price. :bab (22):
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  • Originally Posted by AmitMM
    quite right.... have been maintaining this for some time... did bottom fishing at 31 last week...:)

    Hope the results will divert some -ve of 2G now....


    Even I bought couple of hundred shares of unitech at 32... any positive surprises ( be it bail of top executives or anything else) would be a trigger for more upsides. 2G scam has dented its image badly... hopefully company would be able to revive from hereon and save investors who have put their hard earned money in their projects as well as shares
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  • Nomura maintains buy on Unitech with a target of Rs 64, reports NDTV Profit. The stock is currently trading at Rs 33.85, up 2.4% on the BSE
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  • Hello friends, I thought this is forum for discussion on property matters.....but looks we are changing the subject to stock markets.....

    have a nice day
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  • Originally Posted by GGrover
    Hello friends, I thought this is forum for discussion on property matters.....but looks we are changing the subject to stock markets.....

    have a nice day


    GGrover, the forum is being used for personal fights now days... people are fighting till death for pacifying their ego.. so atleast discussing stock market is not bad either :D atleast ek doosre ki family ko to beech mein pull nahin kar rahe... hahah jokes apart... you are right this discussion is not meant for anything else other than property discussions. thanks for pointing out...
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  • Originally Posted by nitin0679
    GGrover, the forum is being used for personal fights now days... people are fighting till death for pacifying their ego.. so atleast discussing stock market is not bad either :D atleast ek doosre ki family ko to beech mein pull nahin kar rahe... hahah jokes apart... you are right this discussion is not meant for anything else other than property discussions. thanks for pointing out...


    It was more on a lighter side ... As u rightly said to divert the minds from personal fights
    In a way the results of a co indicate thr financial health and thus safetyof the investments. But that is a subject matter of another debate

    Cheers and hv a nice evening
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  • Unitech spurted 4.69% to Rs 34.60 at 15:04 IST on BSE, after the realty major said it is targeting a 15.66% rise in sales bookings of Rs 5000 crore in the year ending March 2012 over the year ended March 2011.




    Meanwhile, the BSE Sen was down 21.61 points, or 0.12%, to 18,244.49
    On BSE, 38.93 lakh shares were traded in the counter as against average daily volume of 46.72 lakh shares over the past one quarter.
    The stock hit a high of Rs 34.85 and a low of Rs 32.25 so far during the day. The stock had hit a 52-week high of Rs 98.45 on 7 October 2010 and a 52-week low of Rs 30.65 on 24 May 2011.
    The large-cap stock underperformed the market over the past one month till 27 May 2011, falling 18.29% compared with the Sen's 6.08% fall. The stock had also underperformed the market in past one quarter, declining 1.05% as against Sen's rise of 3.19%.
    The company has an equity capital of Rs 523.26 crore. Face value per share is Rs 2.
    At the time of announcing result on Sunday, 29 May 2011, Unitech also said it has a healthy balance sheet with a real-estate net debt to equity ratio of 0.46. As of 31 March 2011, the company had a net worth of Rs 11614 crore. The company's debt, net of cash, reduced by Rs 228 crore in FY 2011, it said.
    Unitech also said that the ongoing telecom matter pertains to Unitech Wireless Tamilnadu (Uninor), which is a separate legal entity engaged in the telecom business, and will not impact Unitech (the real estate company). Unitech said it will continue to focus on its real estate business in the normal course.
    Unitech's consolidated net profit declined 15.90% to Rs 567.66 crore on 9.2% rise in total income to Rs 3292.48 crore in the year ended March 2011 over the year ended March 2010.
    During the year ended March 2011, Unitech achieved sales bookings of 9.16 million square feet (sq ft) at an average realization of Rs. 4720 per sq ft. The company launched projects totaling an area of 10.44 million sq ft; residential sales bookings of 7.61 million sq ft valued at Rs 3305 crores, non-residential sales bookings of 1.55 million sq ft valued at Rs 1019 crore and delivered 4.25 million sq ft of completed area during the year. Total value of sales bookings stood at Rs 4323 crore. Announcing the results, Ajay Chandra, Managing Director, Unitech said, the company's focus remains firmly on monetization of geographically diversified land bank through rapid launch and execution of projects, mostly in the mid-income and affordable housing segments. In keeping with the goal, as announced earlier, of launching 10 million square feet (sq ft) of projects Unitech has launched over 6 million sq ft since January 2011 spread across 16 projects. Apart from continuing to launch projects in existing cities, the company entered some new cities such as Ambala, Rewari & Dehradun. Unitech's board of directors recommended a dividend of Re 0.10 per share for the year ended March 2011
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  • Originally Posted by amit001
    Unitech spurted 4.69% to Rs 34.60 at 15:04 IST on BSE, after the realty major said it is targeting a 15.66% rise in sales bookings of Rs 5000 crore in the year ending March 2012 over the year ended March 2011.


    Thanks bro for keeping track of all the news and updating forum members.
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  • Unitech among the top 15 fastest growing companies













    Q4 results for Unitech were declared and its profit is around 100 crores , less than the profit of 111 crores. The revenues up by 600 odd crores to 1000 crores. But here is the news that says totally different story, Which delievers the growth of prospects of this company to be on a positive side. The stock price of this company has already beaten down to less than 35 rupees, which is cheaper in any crcumstances for the company. It is more with the management strategies with the involvement in 2G scam which resulted in clouds of uncertainity. Hence the Financial institutions dumping the stock from their portfolios.

    Unitech ranked 13th in the heavyweights category Survey conducted by Businessworld ranked India's fastest growing companies

    Unitech, India's leading business group and an integrated developer of large-scale real estate projects, was ranked 13th in the survey of the 'Fastest Growing Companies' conducted by Businessworld. It has been placed in the 'Heavyweights' category. This category consists of those companies, which had sales of Rs. 1,000 - 4,999 crore in 2009-10.

    The process of the survey began with the universe of 5,331 companies, which were in the database of Centre for Monitoring Indian Economy (CMIE). These were the companies, which declared their financial results for all the five years between 2005-06 and 2009-10. This list of companies was further narrowed down to only non-trading and non-financial services companies and also excluded those companies that had reported a net loss in more than one of the years under study (2005-06 to 2009-10).

    The entire lists of companies were segregated into four categories on the basis of turnover of 2009-10. The categories are 'Super Heavyweights', 'Heavyweights', 'Middleweights' and 'Welterweights'. Lastly, Businessworld used array of financial parameters to filter the companies with good financial health and made the final ranking on the basis of the average of the four years' growth rates in sales.

    Commenting on the ranking, Mr Ajay Chandra, Managing Director, Unitech said, "We are honored to be ranked amongst the top 15 fastest growing companies in India. We have a pan India footprint across all segments of real-estate development ~ Residential, Commercial and Retail. Unitech has one of the largest residential product ranges in the market starting from Unihomes (in the Affordable Housing segment) to the high end luxury villas and super luxury Golf Course residential projects.














    Originally Posted by vinaybhatia
    Thanks bro for keeping track of all the news and updating forum members.


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