Sunteck Realty Q3 Net Profit Soars 37% to ₹582 Million

Introduction

Sunteck Realty Limited, a prominent Mumbai-based real estate developer, has announced strong financial results for the third quarter of fiscal year 2026. The company reported a significant 37% year-on-year increase in its consolidated net profit, alongside a revenue figure that more than doubled. These results highlight the company's operational efficiency and its ability to capitalize on sustained demand within the Mumbai Metropolitan Region (MMR). The performance was well-received by the market, with the company's stock showing positive movement following the announcement.

Stellar Q3 Financial Performance

Sunteck Realty's financial statements for the quarter ending December 2025 reflect robust growth across all key metrics. The company's consolidated net profit climbed to ₹582 million, a 37% increase from the ₹425.2 million recorded in the same quarter of the previous fiscal year. This improvement in profitability underscores the company's effective cost management and successful project execution.

Revenue from operations witnessed exceptional growth, surging by 112% to ₹3.44 billion compared to ₹1.62 billion in Q3 of the prior year. This substantial increase in income points to strong sales momentum and successful delivery of its real estate projects. Further, the company's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the quarter rose by 68% year-on-year to ₹820 million, with an EBITDA margin of 24%. The Profit After Tax (PAT) margin for the quarter stood at a healthy 17%.

Key Financial Metrics for Q3 FY26

Operational Excellence and Sales Momentum

On the operational front, Sunteck Realty continued to demonstrate strong performance. Pre-sales for the third quarter grew by 16% year-on-year to reach ₹7.34 billion. For the first nine months of FY26, pre-sales saw a 26% increase, totaling ₹20.93 billion. This consistent growth in pre-sales indicates healthy demand for the company's portfolio, which is heavily focused on the luxury and ultra-luxury segments in the MMR.

Collections for the quarter were reported at ₹3.19 billion, bringing the total for the nine-month period to ₹10.01 billion. This steady collection stream contributes to the company's strong cash flow position and financial stability.

Strong Balance Sheet and Low Debt

A key highlight of Sunteck Realty's financial health is its strong balance sheet. The company reported a net operating cash flow surplus of ₹3.49 billion for the nine-month period, an increase of 12% year-on-year. This robust cash generation has allowed the company to maintain a very low level of debt. As of the end of the quarter, Sunteck's net debt-to-equity ratio stood at an impressive 0.07x. This financial discipline provides the company with significant flexibility to pursue new growth opportunities and navigate market cycles without being burdened by high leverage.

Strategic Land Acquisition Boosts Growth Pipeline

Reinforcing its growth strategy, Sunteck Realty announced the acquisition of a strategic 1.75-acre land parcel in Andheri, a prime location near the Mumbai international airport. This project is estimated to have a gross development value (GDV) of approximately ₹25 billion. This acquisition further strengthens the company's development pipeline in the high-demand western suburbs of Mumbai and aligns with its focus on developing premium residential and commercial properties. The addition of high-value projects like this is expected to be a significant contributor to future revenue and profitability.

Market Response and Stock Performance

The financial markets responded positively to Sunteck Realty's robust Q3 performance. On January 27, 2026, the day the results were announced, the company's shares closed at ₹374.55 on the National Stock Exchange (NSE), marking an increase of 1.31% for the day. This reflects investor confidence in the company's growth trajectory and its ability to deliver value to shareholders.

Conclusion

Sunteck Realty's third-quarter results for FY26 demonstrate a period of exceptional growth, characterized by a doubling of revenue and a significant jump in profitability. The performance is supported by strong operational metrics, including consistent growth in pre-sales and a healthy balance sheet with minimal debt. With strategic acquisitions like the Andheri land parcel expanding its high-value project pipeline, Sunteck Realty is well-positioned to continue its growth momentum in the competitive Mumbai real estate market.