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      Magazines cover a wide array subjects, including but not limited to fashion, lifestyle, health, politics, business, Entertainment, sports, science,

      Company Updates

      Sunteck Realty Q2 profit rises 17% to ₹57 crore, pre-sales grow 17%

      Sunteck Realty
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      Sunteck Realty Limited, Mumbai’s premium real estate developer, has announced its financial results for the second quarter and the first half of the financial year ended 30 September 2026, reporting significant growth in revenue and profit.

      FINANCIAL PERFORMANCE

      • Revenue grew to ~Rs. 321 cr in Q2FY27 and ~Rs. 512 cr in H1FY27, up 27% YoY and 16% YoY respectively
      • EBITDA grew to ~Rs. 89 cr in Q2FY27 and ~Rs. 156 cr in H1FY27, up 13% YoY and 23% YoY respectively
      • PAT grew to ~Rs. 57 cr in Q2FY27 and ~Rs. 99 cr in H1FY27, up 17% YoY and 20% YoY respectively
      • EBITDA Margin stood strong at 28% in Q2FY27 and 30% in H1FY27, up from 29% in H1FY26
      • PAT Margin stood strong at 18% in Q2FY27 and 19% in H1FY27

      OPERATIONAL PERFORMANCE

      • Pre-sales grew to ~Rs. 824 cr in Q2FY27 and ~Rs. 1,611 cr in H1FY27, up 17% YoY and 19% YoY respectively
      • Collections stood strong at ~Rs. 371 cr in Q2FY27 and ~Rs. 780 cr in H1FY27, up 12% YoY and 14% YoY respectively
      • Net Operating Cash Flow Surplus stood strong at ~Rs. 347 cr in H1FY27, up 27% YoY, after investing ~Rs. 391 cr in business development during the half, nearly 90% of which was funded from operating cash flows
      • Net Debt to Equity Ratio stands strong at 0.09x, with the Company’s AA long-term rating and A1+ short-term rating from India Ratings (Fitch Group).

      BUSINESS DEVELOPMENT

      • During the quarter, the Company acquired a new land parcel at Borivali (West) through an outright purchase. With this, the Company’s assembled land holding at Borivali stands at ~11.5 acres, making it one of the largest single-location developments in its portfolio
      • With this addition, the Company’s Total GDV stands at ~Rs. 469 billion, comprising launched GDV of ~Rs. 77 billion and to-be-launched GDV of ~Rs. 139 billion, providing several years of launch visibility
      • The Company’s launch pipeline for FY27, excluding Dubai, stands at ~Rs. 70 billion, with key new launches planned in H2FY27 at Sunteck Belvedere Park, Mira Road and Andheri, both along the Western Express Highway

      ESG UPDATE

      • Secured a score of 98.8/100 in the 2026 Global Real Estate Sustainability Benchmark (GRESB), up from 98.6 in 2025, retaining the Green 5-star rating for the second consecutive year and well ahead of the GRESB average of 86.2
      • 4th Avenue, Sunteck City achieved the EDGE Advanced Certification from Green Business Certification Inc. (GBCI), delivering substantial savings in energy and water consumption along with significantly lower embodied carbon in building materials.

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