SUNTECK
Sunteck Realty share price & financials
- Price
- ₹314.05
- Market cap
- ₹4.5k Cr
- Sector
- Realty
- Calls analysed
- 8
Sunteck Realty Limited Q1 FY27
What went well
- Presales for Q1 FY27 reached INR 787 crores, marking a 20% year-on-year growth from INR 657 crores in Q1 FY26.
- Collections for Q1 FY27 stood at INR 409 crores, a 17% growth over INR 351 crores in Q1 FY26.
- EBITDA grew 40% year-on-year to INR 67 crores, with the EBITDA margin expanding by 9.5 percentage points to 35%.
What to watch
- The launch timing for the Dubai project has been recalibrated due to the 'ongoing situation', despite being launch-ready.
- A discrepancy in the presentation regarding 'to-be launched GDV' being under approval process was acknowledged by management, requiring an edit.
What Sunteck Realty Limited does
Sunteck Realty is a Mumbai Metropolitan Region (MMR)-focused real estate developer that builds and sells residential and commercial properties spanning three luxury tiers - uber luxury, premium luxury and aspirational luxury - under Sunteck-branded projects such as Sunteck City (Goregaon), Signature & Signia (BKC) and Sunteck World (Naigaon). It earns by pre-selling and delivering housing units, sourcing land largely through outright acquisitions and joint-development/joint-venture arrangements rather than only greenfield purchases. Alongside development-for-sale, it holds a smaller annuity portfolio of long-tenure pre-leased commercial assets at Bandra Kurla Complex (BKC). It has also extended beyond MMR with a South Mumbai project on Nepean Sea Road and an international residential project in the Burj Khalifa Community, Dubai.
Segments
- Uber Luxury & Others
- Premium Luxury
- Aspirational Luxury
- Market position
- Among the largest and fastest-growing developers in the Mumbai Metropolitan Region (MMR)
- Total development area acquired since 2018
- ~50 million sq ft
- Projects successfully delivered
- 20
- Large ongoing/planned projects
- ~13
- Luxury tiers spanned
- Uber luxury, premium luxury and aspirational luxury
- Annuity/commercial rental assets at BKC
- Sunteck Icon and Sunteck BKC 51, pre-leased for a 29-year tenure
Guidance record · Q1 FY27
what the last two calls moved 18 tracked 2 delivered 6 missed 10 open- Annual Presales delivered said Q3 FY26 Promised: Achieve annual presales of INR 3,000 crores for FY26. Q1 FY27: No new update on this past promise. The achievement is confirmed.
- Project Launch Timeline missed said Q1 FY25 Promised: Launch Nepean Sea Road project in Q4 of FY '25 or Q1 of FY '26. Q1 FY27: Management noted that 'bigger collection will start happening once we start the construction of Nepean Sea Road', implying construction has not yet begun, further cementing the original launch miss.
- Pre-sales Growth delivered, diluted said Q1 FY25 Promised: 30% to 35% pre-sales growth year-on-year for FY26 and FY27. Q1 FY27: Management guided for 25-30% presales growth for FY27, confirming the abandonment of the original 30-35% target for the second year of the promise.
All 18 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 2.1%, net profit up 27.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 169 | 162 | 206 | 188 | 252 +49% | 344 +112% | 339 +65% | 192 +2% |
| EBITDA | 37 | 48 | 69 | 48 | 78 +111% | 81 +69% | 97 +41% | 67 +40% |
| Net profit | 35 | 43 | 50 | 33 | 49 +40% | 57 +33% | 63 +26% | 42 +27% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −35.6% 1Y
1Y: ₹446.95 on 10 Sept 2025 → ₹288. High ₹462.95 (3 Nov 2025), low ₹273.2 (30 Mar 2026).
How the price took the results
close before → close after
- Q1 FY27
- −7.7%
- 22 Jul
- Q4 FY26
- +4.9%
- 22 Apr
- Q3 FY26
- +1.1%
- 28 Jan
- Q2 FY26
- +0.8%
- 20 Oct
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 45.7% a year over 3 years, FY23 to FY26. Operating margin widened to 27.1%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹363 Cr | ₹565 Cr | ₹853 Cr | ₹1.1k Cr |
| Operating profit | ₹62 Cr | ₹116 Cr | ₹185 Cr | ₹304 Cr |
| Operating margin | 17.1% | 20.5% | 21.7% | 27.1% |
| Interest | ₹87 Cr | ₹68 Cr | ₹41 Cr | ₹66 Cr |
| Depreciation | ₹9 Cr | ₹9 Cr | ₹13 Cr | ₹15 Cr |
| Net profit | ₹1 Cr | ₹70 Cr | ₹151 Cr | ₹202 Cr |
| Net margin | 0.3% | 12.4% | 17.7% | 18.0% |
| ROCE | 3.0% | 5.0% | 6.0% | 8.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹14 Cr | ₹14 Cr | ₹14 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr |
| Reserves | ₹2.8k Cr | ₹2.8k Cr | ₹2.8k Cr | ₹3.1k Cr | ₹3.3k Cr | ₹3.6k Cr |
| Borrowings | ₹688 Cr | ₹788 Cr | ₹684 Cr | ₹375 Cr | ₹525 Cr | ₹774 Cr |
| Other liabilities | ₹588 Cr | ₹1.9k Cr | ₹3.8k Cr | ₹4.4k Cr | ₹4.9k Cr | ₹5.5k Cr |
| Total liabilities | ₹4.0k Cr | ₹5.5k Cr | ₹7.3k Cr | ₹7.9k Cr | ₹8.7k Cr | ₹9.9k Cr |
| Fixed assets | ₹53 Cr | ₹122 Cr | ₹149 Cr | ₹490 Cr | ₹499 Cr | ₹639 Cr |
| Capital work in progress | ₹10 Cr | ₹7 Cr | ₹102 Cr | ₹18 Cr | ₹82 Cr | ₹0 Cr |
| Investments | ₹258 Cr | ₹235 Cr | ₹241 Cr | ₹230 Cr | ₹237 Cr | ₹73 Cr |
| Other assets | ₹3.7k Cr | ₹5.1k Cr | ₹6.8k Cr | ₹7.2k Cr | ₹7.9k Cr | ₹9.2k Cr |
| Total assets | ₹4.0k Cr | ₹5.5k Cr | ₹7.3k Cr | ₹7.9k Cr | ₹8.7k Cr | ₹9.9k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
All earnings calls (7)
Read the Q1 FY27 call →Learn to analyse Sunteck Realty Limited
Guides on how to read this kind of business and the numbers that matter.