Sunteck Realty Q3 Results: Revenue Doubles to ₹344 Crore

Introduction to Sunteck Realty's Performance

Mumbai-based premium real estate developer Sunteck Realty Limited has announced strong financial results for the third quarter and the first nine months of the fiscal year 2026. The company demonstrated significant growth across key financial and operational metrics, reinforcing its stable position in the competitive Mumbai real estate market. The results highlight a period of robust revenue generation, improved profitability, and strategic expansion, signaling continued momentum for the firm.

Q3 Financial Highlights

For the third quarter ending in December 2025, Sunteck Realty reported a consolidated revenue of approximately ₹344 crore. This represents a substantial 113% increase compared to the ₹162 crore recorded in the same quarter of the previous fiscal year. The impressive top-line growth reflects the company's successful project execution and strong market demand.

Profitability also saw a healthy rise. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew by 68% year-on-year to ₹82 crore in Q3FY26, with a corresponding margin of 24%. The Profit After Tax (PAT) increased by 34% year-on-year, reaching ₹57 crore for the quarter, with a PAT margin of 17%. This consistent growth in profitability underscores the company's ability to manage costs effectively while scaling its operations.

Nine-Month Performance Overview

The positive trend continued through the first nine months of FY26. The company's revenue for this period stood at ₹785 crore, a 21% increase from the ₹647 crore reported in the corresponding period of the previous year. EBITDA for the nine-month period saw a significant 77% year-on-year jump to ₹207 crore, with a strong margin of 26%. Similarly, the PAT for the nine months grew by 39% to ₹139 crore, with an 18% margin. These figures illustrate a sustained period of financial strength and operational efficiency.

Operational Strength and Cash Flow

Sunteck Realty's operational performance has been a key driver of its financial success. The company recorded pre-sales of ₹734 crore in Q3FY26, marking a 16% year-on-year increase. For the nine-month period, pre-sales grew by 26% to ₹2,093 crore. Collections also remained robust, with ₹319 crore collected in the third quarter and ₹1,001 crore over the nine months.

A standout feature of the company's financial health is its disciplined cash flow management. Sunteck Realty reported a net operating cash flow surplus of ₹349 crore, a 12% increase year-on-year. Furthermore, the company maintains a very conservative financial structure, with a net debt-to-equity ratio of just 0.07x. This low leverage provides significant financial flexibility and reduces risk, allowing the company to navigate market cycles effectively.

Strategic Land Acquisitions Fuel Future Growth

To sustain its growth trajectory, Sunteck Realty has been actively strengthening its development pipeline through strategic land acquisitions. The company recently acquired a 1.75-acre land parcel in Andheri, a prime location near Mumbai's International Airport. This project is estimated to have a Gross Development Value (GDV) of approximately ₹25 billion.

This acquisition is the third major addition to the company's portfolio in FY26. It follows the acquisition of a project on Mira Road and a redevelopment project in Andheri, both near the Western Express Highway. Combined, these three new projects are expected to generate a total GDV of around ₹50 billion, significantly enhancing Sunteck's future revenue visibility. A company spokesperson, Dr. Rahul Kulkarni, stated, “These strategic acquisitions are aligned with our vision of creating high-quality, premium residential projects in Mumbai’s most sought-after locations, catering to evolving urban lifestyles.”

Commitment to ESG and Sustainability

Beyond its financial and operational achievements, Sunteck Realty has demonstrated a strong commitment to Environmental, Social, and Governance (ESG) principles. The company achieved an exceptional score of 99 out of 100 in the 2025 Global Real Estate Sustainability Benchmark (GRESB). This performance earned it the prestigious Green 5-star rating, placing it among the leaders in sustainable development. This recognition highlights the company's focus on environmentally responsible design, energy efficiency, and sustainable building practices, which adds long-term value for all stakeholders.

Market Outlook and Future Prospects

With a combination of strong financial results, robust pre-sales, and a growing portfolio of high-value projects, Sunteck Realty is well-positioned for continued growth. The company's focus on premium residential properties in the Mumbai Metropolitan Region aligns with current market demand. Analysts believe that its conservative balance sheet, efficient cash flow management, and high-quality development pipeline provide a solid foundation for future success. As Sunteck Realty moves forward with its FY26 plans, it is set to capitalize on the demand for premium housing while maintaining its commitment to operational excellence and sustainability.