
Sunteck Realty Reports 47% YoY Increase in Net Income for Q1FY26
Sunteck Realty Limited, a leading luxury real estate developer in Mumbai, has announced its financial results for the first quarter of FY26. The company reported a significant increase in pre-sales, collections, EBITDA, and net income compared to the same period last year. The operational and financial performance for Q1FY26 is as follows: Pre-sales grew to approximately Rs. 657 crore, up 31% YoY; collections stood strong at approximately Rs. 351 crore; EBITDA grew to approximately Rs. 48 crore, up 52% YoY; and net income grew to approximately Rs. 33 crore, up 47% YoY. The company's EBITDA margin grew to 25%, up 1,541 bps, and PAT margin grew to 18%, up 1,054 bps. Sunteck Realty's net debt to equity ratio stands strong at 0.02x. Fitch (India Ratings) has affirmed the company's long-term credit rating at 'IND AA/Stable'. Additionally, Sunteck Realty has been selected as a preferred developer for the redevelopment of a residential project in Andheri, which is expected to generate a Gross Development Value of Rs. 11 billion.
Key Highlights
- Pre-sales grew by 31% YoY to approximately Rs. 657 crore
- Collections stood strong at approximately Rs. 351 crore
- EBITDA grew by 52% YoY to approximately Rs. 48 crore
- Net income grew by 47% YoY to approximately Rs. 33 crore
- Selected as a preferred developer for a residential project in Andheri with a GDV of Rs. 11 billion