Sunteck Realty Q4FY26: Profit up 27%, stock jumps 12%

Stock jumps after March-quarter update

Sunteck Realty shares rallied sharply on the back of its March 2026 quarter (Q4FY26) results and operational update. The Mumbai-based developer rose around 12% to an intraday high of ₹382.40 on the NSE after reporting results described as in line, alongside stronger pre-sales. At around 09:50 AM, the stock was trading 9.55% higher at ₹373.40 versus the previous close of ₹341. In the broader market, the NSE Nifty50 was quoting at 24,417.30, down 159.30 points or 0.65%.

Where the stock stands now

The company’s market capitalisation was reported at ₹5,490 crore during the session. The stock has recovered nearly 41% from its 52-week low of ₹270.75, touched on March 30, 2026. The sharp move in the morning came as investors digested the quarterly numbers, especially the jump in revenue and operational momentum. The reaction also reflected attention on balance sheet metrics like leverage, where the company reported a net debt-to-equity ratio of 0.06x.

Q4FY26 profit rises year-on-year

For Q4FY26, Sunteck Realty reported net profit of ₹63 crore, up 26% from ₹50 crore in the year-ago period. Separately, a regulatory filing cited consolidated net profit of ₹63.75 crore for the March quarter, compared with ₹50.38 crore a year earlier. While the rupee values differ slightly due to rounding and reporting formats, both sets of figures indicate a year-on-year rise in profitability for the quarter. The company’s quarterly performance, however, also showed margin compression despite stronger topline growth.

Revenue growth strong, but margin eases

Sunteck Realty’s revenue for the quarter was reported at ₹339 crore, up 64.6% from ₹206 crore in the March 2025 quarter. The regulatory filing, meanwhile, reported total income of ₹348.88 crore for the January-March period versus ₹217.83 crore in the corresponding period of the preceding year. EBITDA grew 40.58% year-on-year to ₹97 crore compared with ₹69 crore. But EBITDA margin slipped to 29% from 33%, indicating that profitability expanded in absolute terms even as operating efficiency weakened.

Full-year FY26 snapshot

For the full FY26 period, revenue was reported at ₹1,124 crore, up 32% year-on-year from ₹853 crore. The regulatory filing put total income at ₹1,168.62 crore for FY26 versus ₹902.67 crore in FY25. On profitability, consolidated net profit for FY26 was reported at ₹204.36 crore compared with ₹150.31 crore in the preceding financial year. Taken together, the FY26 numbers point to higher scale and improved earnings, even as quarterly margin trends remain a point to track.

Operational metrics: pre-sales and collections

Operationally, Sunteck Realty reported an improvement in sales and cash collections during the year. Pre-sales rose 22% year-on-year to ₹1,064 crore in Q4FY26 and increased 25% year-on-year to ₹3,157 crore for FY26. Collections came in at ₹432 crore for the quarter and ₹1,433 crore for the year, reflecting growth of 39% and 14%, respectively. The company also reported a net cash flow surplus of around ₹552 crore in FY26, up 48% year-on-year.

New projects add to the Mumbai pipeline

During the year, Sunteck Realty added three strategic projects in the Mumbai Metropolitan Region. The company said this expanded its development pipeline by an estimated gross development value (GDV) of ₹5,000 crore. The added projects include redevelopment and JDA projects at Andheri and Mira Road, along with an outright land acquisition near Mumbai airport. These additions are positioned as incremental drivers for future launches, based on the company’s stated pipeline expansion.

Key numbers at a glance

Valuation view from SBI Securities

SBI Securities said that, supported by a strong Mumbai development pipeline, multiple upcoming launches, and a sizeable new project base, Sunteck Realty is well positioned for growth ahead. At the current market price (CMP) of ₹341 referenced in the note, the stock is trading at FY27E and FY28E Bloomberg consensus P/E multiples of 15.7x and 12.5x, respectively. SBI Securities also cited a medium-term fair value estimate of ₹435. These valuation references were published alongside the quarterly update and were part of the market narrative as the stock moved.

What investors will track next

The Q4 reaction highlights how strongly the market is responding to operating momentum, particularly pre-sales and collections. At the same time, the reported decline in EBITDA margin to 29% from 33% keeps focus on cost and mix as volumes rise. Investors are also likely to watch execution on the three new Mumbai-region projects, given the stated GDV addition of ₹5,000 crore. Near-term attention remains on follow-through from quarterly performance and any updates around launches and pipeline conversion.