Sunteck Realty Reports 34% Net Profit Growth in FY26, Revenue Up 32%
Listed realty developer Sunteck Realty has reported a 34% rise in net profit for the financial year 2025-26, reaching Rs 202 crore. Profit for the last quarter grew by 25% to Rs 63 crore, supported by robust sales momentum and steady margin performance.
Revenue for the quarter surged 65% year-on-year to Rs 339 crore, bringing the full-year revenue to Rs 1,124 crore, up 32%. Operating profit for the March quarter stood at Rs 97 crore, a 41% increase, while FY26 EBITDA surged 64% to Rs 305 crore.
Margins remained resilient, with the operating margin at 29% during the March quarter and 27% for the full year. The net margin stood at 19% in the quarter and 18% for the financial year.
Operationally, pre-sales grew 22% year-on-year to Rs 1,064 crore during the March quarter, taking annual pre-sales to Rs 3,157 crore, up 25%. Collections rose 39% in the quarter to Rs 432 crore and increased 14% to Rs 1,433 crore for the full year.
The company reported a net cash flow surplus of Rs 552 crore during the year, up 48%, while maintaining a low net debt-to-equity ratio of 0.06x.
During the year, the developer expanded its pipeline in the Mumbai Metropolitan Region with three significant additions carrying an estimated gross development value (GDV) of Rs 5,000 crore. These include a 2.5-acre residential redevelopment project in Andheri along the Western Express Highway with a development potential of 2.75 lakh sq ft and an estimated GDV of Rs 1,100 crore.
Another project is a 3.5-acre joint development agreement in Mira Road with 5.5 lakh sq ft potential and a GDV of Rs 1,200 crore. Lastly, the company acquired a 1.75-acre land parcel near the Mumbai International Airport with an estimated GDV of Rs 2,500 crore.
These new projects underscore Sunteck Realty's commitment to expanding its presence in key areas of the Mumbai Metropolitan Region, further solidifying its position as a leading real estate developer in the region.