Sunteck Realty posts 34% growth in FY26 net profit, revenue up 32%
Sunteck Realty has announced a significant 34% jump in net profit for the financial year 2025-26, reaching Rs 202 crore. This strong performance was fueled by robust sales momentum and steady margins. Revenue also saw a substantial increase of 32%...
Revenue for the quarter rose 65% on-year to Rs 339 crore, taking full-year revenue to Rs 1,124 crore, up 32%. Operating profit for the March quarter stood at Rs 97 crore, up 41%, while FY26 EBITDA surged 64% to Rs 305 crore.
Margins remained resilient, with operating margin at 29% during the March quarter and 27% for the full year. Net margin stood at 19% in the quarter and 18% for the financial year.
Operationally, pre-sales grew 22% year-on-year to Rs 1,064 crore during the March quarter, taking annual pre-sales to Rs. 3,157 crore, up 25%. Collections rose 39% in the quarter to Rs. 432 crore and increased 14% to Rs 1,433 crore for the full year.
The company reported a net cash flow surplus of Rs 552 crore during the year, up 48%, while maintaining a low net debt-to-equity ratio of 0.06x.
During the year, the developer expanded its pipeline in the Mumbai Metropolitan Region with three additions carrying an estimated gross development value (GDV) of Rs 5,000 crore.
These include a 2.5-acre residential redevelopment project in Andheri along the Western Express Highway with a development potential of 2.75 lakh sq ft and estimated GDV of Rs 1,100 crore.
It also includes a 3.5-acre joint development agreement in Mira Road with 5.5 lakh sq ft potential and GDV of Rs 1,200 crore; and the outright acquisition of a 1.75-acre land parcel near the Mumbai International Airport with an estimated GDV of Rs 2,500 crore.
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