Sunteck Realty Builds on Strong Q3 & 9M FY26 Performance with Strategic Growth

Sunteck Realty Limited, a prominent real estate developer in the Mumbai Metropolitan Region (MMR), has announced a robust financial and operational performance for the third quarter and nine months ended December 31, 2025. The company delivered significant year-on-year growth across key financial metrics, underscoring its operational resilience and profitability in a dynamic market. For Q3 FY26, Sunteck Realty reported a remarkable 113% year-on-year increase in revenue, reaching 344 Crore. This strong momentum extended to the nine-month period, with revenue growing 21% year-on-year to 785 Crore. Profitability also saw substantial gains, with EBITDA climbing 68% in Q3 FY26 and 77% in 9M FY26. Net Income (PAT) followed suit, increasing 34% in Q3 FY26 to 57 Crore and 39% in 9M FY26 to 139 Crore, demonstrating effective cost management and project execution.

Operationally, the company's performance was equally impressive. Pre-sales for Q3 FY26 grew 16% year-on-year to 734 Crore. For the nine-month period, pre-sales achieved their best-ever performance, registering a 26% year-on-year growth to 2,093 Crore. Collections remained strong, totaling 1,001 Crore for 9M FY26. This consistent operational delivery is a testament to Sunteck's strategic focus on high-growth micro-markets and its diversified luxury portfolio. The management highlighted that the growing share of uber luxury and premium luxury segments is expected to drive further margin expansion, contributing to overall profitability.

Strategic Acquisitions and Project Pipeline

Sunteck Realty has been proactive in expanding its development portfolio through strategic acquisitions. The company recently acquired a 1.75-acre land parcel in Andheri, near the International Airport, with an estimated Gross Development Value (GDV) of approximately 2,500 Crore. This acquisition marks the third strategic addition to its portfolio in the current financial year, bringing the combined estimated GDV from these three projects to a significant 5,000 Crore. These acquisitions are crucial for sustaining long-term growth and replenishing the project pipeline.

Further demonstrating its commitment to growth, Sunteck has several new launches planned. The 5th Avenue, ODC project in Goregaon West, a premium luxury offering, has already been launched with a positive response from Expression of Interest (EOI) registrations. Upcoming launches include the fourth tower of the existing Mira Road 1 project, followed by a new Mira Road project. Additionally, the company plans to launch 2-3 more towers in Naigaon (Sunteck World) and at least two towers in SBR (Sunteck Beach Residences) in Vasai, capitalizing on the positive market response in these micro-markets. The Nepeansea Road project, under the new 'Emaance' brand, is also progressing, with sales happening through invitation-only tenancy, awaiting RERA approval expected by Q4 FY26 or Q1 FY27.

Financial Prudence and Sustainable Growth

Sunteck Realty's financial prudence is evident in its healthy balance sheet. The company has maintained a low Net Debt to Equity Ratio of 0.07x, despite significant investments in business development, which amounted to 680 Crore in 9M FY26 compared to 180 Crore in the full FY25. This disciplined capital allocation is supported by a strong net operating cash flow surplus of 350 Crore in the first nine months of FY26, representing a 12% year-on-year growth. The company's robust financial health is further validated by its AA Long-term credit rating from India Ratings (Fitch).

In line with global sustainability trends, Sunteck Realty has achieved an exceptional GRESB (Global Real Estate Sustainability Benchmark) score of 99/100 and a prestigious 5-star rating for FY25, highlighting its commitment to environmental, social, and governance (ESG) practices. The company's partnership with IFC - World Bank Group to form a joint investment platform of up to 750 Crore for developing high-quality green urban large-scale housing projects in the MMR further underscores its focus on sustainable and inclusive growth. This platform aims to develop 4 to 6 green housing projects, creating approximately 12,000 units for the mid-income demographic.

Outlook and Management Confidence

Despite acknowledging a