Sunteck Realty announced robust results for Q3 and the first 9 months of FY2026. Presales grew by 26% year-over-year to INR21 billion. Revenue for the first 9 months increased by 21%, while EBITDA surged by 77% and PAT rose by 39%. The company acquired a 1.75-acre land parcel in Andheri and maintains a negligible net debt to equity ratio of 0.07x.
Financial Performance Highlights
Sunteck Realty reported a strong financial performance for the first 9 months of FY2026. Key highlights include:
- Revenue growth of 21% year-on-year.
- EBITDA growth of 77% year-on-year.
- PAT growth of 39% year-on-year.
The company’s operational resilience and profitability were clearly demonstrated by these results.
Presales and Collections
Presales for Q3 FY26 reached INR7.3 billion, a 16% year-on-year increase. Total presales for the first 9 months of FY26 grew by 26% to reach INR21 billion, marking the best-ever presales performance. Collections for the first 9 months of FY26 stood at INR1,001 crores, resulting in a net operating cash flow surplus of INR349 crores.
Business Development and Acquisitions
Sunteck Realty continues to expand its portfolio through strategic acquisitions. The company acquired a 1.75-acre land parcel in Andheri, Mumbai, with a development potential of approximately 6 lakh square feet and an estimated gross development value of INR25 billion. This acquisition marks the company’s third strategic addition this financial year.
Cash Flow and Debt
Sunteck Realty generated a strong net operating cash flow surplus of INR3.5 billion in the first 9 months of FY26. The company maintains a negligible net debt to equity ratio of 0.07x, despite investing INR6.8 billion in business development.
Project Launches and Outlook
Sunteck Realty has effectively launched the 5th Avenue project in Goregaon West ODC and has seen a good response. New towers in existing projects are also planned. The company is confident in achieving its presales guidance for FY26.
Source: BSE
