Sunteck Realty reported a robust performance for the second quarter and first half of FY’27. Presales for Q2 reached ₹824 crore, contributing to a H1 total of ₹1,611 crore. Revenue grew 27% year-on-year in Q2 to ₹3.2 billion, with EBITDA up 13% and PAT by 17%. The company highlighted disciplined acquisition strategies and a strong launch pipeline, projecting a 25% year-on-year growth for the full fiscal year.
Sunteck Realty Announces Strong Q2 and H1 FY’27 Earnings
Sunteck Realty Limited has announced its financial results for the second quarter (Q2) and the first half (H1) of the fiscal year 2027. The company showcased a strong performance, driven by consistent growth across key operational and financial parameters, sustaining a 25% CAGR over the last 5 years.
Key Financial Highlights (Q2 and H1 FY’27)
Q2 FY’27 Performance
- Presales: ₹824 crore
- Revenue: Grew 27% year-on-year to ₹3.2 billion
- EBITDA: Increased by 13%
- PAT: Grew by 17%
H1 FY’27 Performance
- Presales: ₹1,611 crore
- Revenue: Grew 16% to ₹5.1 billion
- EBITDA: Increased by 23% to ₹1.6 billion
- PAT: Grew by 20% to ₹1 billion
The company also reported an embedded EBITDA margin expansion of 160 basis points in H1 FY’27, reaching 30%. At the halfway mark, both EBITDA and PAT have already achieved substantial levels compared to FY’26 numbers, positioning Sunteck Realty for a strong full-year performance.
Business Development and Project Pipeline
In terms of business development, Sunteck acquired a new land parcel of 4.5 acres at Borivali West, increasing its total landholding there to 11.5 acres with an estimated Gross Development Value (GDV) of INR80 billion. The company’s total GDV now stands at INR469 billion, with INR260 billion already launched or to be launched, ensuring several years of launch visibility.
The launch pipeline for FY’27, excluding Dubai, is estimated at INR70 billion, with the second half weighted towards new launches. Key projects include Sunteck Belvedere Park at Mira Road, a residential redevelopment project at Andheri on the Western Express Highway, and a new tower at Sunteck City (Altavia project). Several other projects are in advanced stages of evaluation, adhering to strict filters such as high IRR, high equity multiple, and minimum project-level EBITDA margins of 30% to 35%.
Sustainability Initiatives
Sunteck Realty retained its GRESB Green 5-star rating for the second consecutive year, improving its score to 98.8 in 2026 from 98.6 in 2025, widening its lead over the GRESB average. Additionally, 4th Avenue at Sunteck City achieved the EDGE Advanced certification, demonstrating significant savings in energy, water, and embodied carbon.
Outlook and Guidance
The company reiterated its confidence in achieving a 25% year-on-year growth for FY’27, supported by its robust launch pipeline and ongoing business development efforts. The sales mix for Q2 FY’27 comprised 27% uber luxury, 50% premium luxury, and 23% aspirational luxury. Collections for Q2 stood at INR371 crore, with H1 collections reaching INR780 crore.
Source: BSE
