Sunteck Realty’s Profit Up by 46.75%; Revenue Down by 40.46%, in June Quarter

Mumbai, 18 July 2025: Sunteck Realty Ltd (NSE: SUNTECK, BSE: 512179) posted a 46.75% year-on-year growth in consolidated net profit to ₹33.43 crore in the first quarter of FY26. This performance came despite a significant 40.46% decline in revenue from operations, underlining improved cost efficiency.

On 18 July 2025, at 10:16 am IST, shares of Sunteck Realty were trading at ₹438.00, marking a marginal gain of ₹0.65 or 0.15% from the previous close.

Strong Margins Offset Revenue Dip in Q​1 FY26

Sunteck Realty’s revenue from operations fell to ₹188.32 crore in Q1 FY26, compared to ₹316.28 crore in Q1 FY25. However, EBITDA surged 54.84% to ₹48 crore, with margins improving sharply to 25.0%, from 9.8% in the same period last year. Similarly, the PAT margin more than doubled to 18.0%, signalling a focus on cost control and cash-positive developments. These improvements helped lift earnings per share to ₹2.28, up from ₹1.56 in Q1 FY25.

Pre-Sales Cross ₹650 Cr as Demand for MMR Projects Remains Strong

In terms of operational performance, pre-sales reached ₹657 crore, registering a 31% YoY increase. Collections remained stable at ₹351 crore, reflecting consistent demand across Sunteck’s Mumbai Metropolitan Region (MMR) portfolio. The company attributed this growth to strong consumer interest, on-schedule project progress, and a well-curated pipeline across multiple market segments.

New Andheri Project Adds ₹1,100 Cr Development Potential

Sunteck has been selected as the preferred developer for a redevelopment project in Andheri, Mumbai, located near the Western Express Highway. The approximately 2.5-acre land parcel is estimated to deliver a Gross Development Value (GDV) of ₹1,100 crore. This project further strengthens Sunteck’s footprint in key micro-markets of Mumbai and adds to its robust development pipeline

Balance Sheet Remains Among the Industry’s Healthiest

With a net debt-to-equity ratio of just 0.02x, Sunteck continues to maintain one of the lowest leverage levels in the real estate sector. India Ratings (Fitch) has reaffirmed the company’s long-term credit rating at ‘IND AA/Stable’, recognising its disciplined capital structure and consistent delivery across projects.

Standalone Loss Driven by Deferred Revenue Recognition

On a standalone basis, the company reported a net loss of ₹1.97 crore in Q1 FY26 due to lower revenue recognition of ₹52.53 crore, compared to ₹296.63 crore in Q1 FY25. The loss was primarily linked to timing differences in revenue booking, a common occurrence in the real estate sector, and is expected to stabilise as the year progresses.

Leadership Reaffirms Focus on Sustainable Growth and Profitability

Commenting on the results, Kamal Khetan, Chairman and Managing Director, stated:

“Our Q1 FY26 performance demonstrates the strong cash flow orientation and profitability focus across our operational platforms. With a near-zero net debt and strong development pipeline, we are confident of delivering sustained growth and shareholder value.”

About Sunteck Realty

Sunteck Realty Ltd is a publicly listed luxury real estate company headquartered in Mumbai. Its portfolio spans 32 projects across 52.5 million sq. ft. under premium brands like Signature, Signia, Sunteck City, and Sunteck World. Known for landmark developments including Signature Island (BKC) and Sunteck City (Goregaon), the company has earned a reputation for design excellence and prudent financial management.

REF:https://nsearchives.nseindia.com/corporate/SUNTECK_17072025190012_SRLsigned.pdf

https://nsearchives.nseindia.com/corporate/SUNTECK_17072025183127_SRL_Signed.pdf

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