Sunteck Realty Limited announced Q3 FY26 (Dec 2025) earnings on January 27, 2026, reporting net sales of ₹344 crore (up 113% YoY) and net profit of ₹57 crore (up 34% YoY, EPS ₹3.97). Post-announcement, the stock surged over 5% intraday to hit ₹389.90 (closing ~₹370-390 from prior ₹369.70), with market cap around ₹5,500-6,533 crore
Quarterly Results
Sunteck Realty Limited (SRL) reported revenue of ₹344 crore for the third quarter of fiscal year 2026, up 113% from ₹162 crore in Q3 FY25. EBITDA for the period rose 68% year-over-year to approximately ₹82 crore. Profit After Tax (PAT) reached ₹57 crore, a 34% increase from the ₹43 crore recorded in the same quarter of the previous year. The company’s EBITDA margin for Q3 FY26 stood at 24%, while the PAT margin was recorded at 17%. Quarterly pre-sales reached ₹734 crore, a 16% increase compared to the prior year. Collections for the three-month period stood at ₹319 crore.
Annual Performance Context
For the first nine months of FY26 (9M FY26), total revenue reached ₹785 crore, a 21% increase over the previous year. Nine-month EBITDA grew 77% year-over-year to ₹207 crore, with the EBITDA margin expanding from 18% in 9M FY25 to 26%. PAT for the nine-month period rose to ₹139 crore. Nine-month pre-sales performance reached ₹2,093 crore, marking a 26% increase from ₹1,661 crore in 9M FY25. Total collections for the period reached ₹1,001 crore. The net operating cash flow surplus for 9M FY26 was ₹349 crore, up from ₹312 crore in the prior year.
Business and Operations Update
SRL acquired a 1.75-acre land parcel in Andheri, Mumbai, with an estimated Gross Development Value (GDV) of ₹25 billion. This is the third addition to the development portfolio in the current financial year, joining a redevelopment project in Andheri and a project on Mira Road. The combined estimated GDV for these three acquisitions is approximately ₹50 billion. SRL maintains a net debt-to-equity ratio of 0.07x as of December 31, 2025. The company holds a long-term credit rating of AA from India Ratings. In ESG performance, SRL received a score of 99/100 in the 2025 Global Real Estate Sustainability Benchmark.
Forward Outlook
The developer has established a joint investment platform with the International Finance Corporation (IFC) valued at up to ₹750 crore. This partnership is designated for the development of four to six housing projects, targeting the delivery of approximately 12,000 units in the Mumbai Metropolitan Region. SRL is expanding its annuity income portfolio, which includes pre-leased commercial assets such as Sunteck Icon and Sunteck BKC 51. Financial projections indicate a target average annual rental income of approximately ₹320 crore by FY29E. The total development portfolio currently encompasses over 50 million square feet across 32 projects.
Performance Summary
Consolidated financial results for the period ended December 31, 2025, indicate growth across revenue, profitability, and operational metrics. The company expanded its pipeline through strategic Mumbai acquisitions while maintaining a low leverage profile. Sustainability benchmarks improved, evidenced by the current GRESB 5-star rating. Operational cash flows remain positive, supporting business development. The organization continues to focus on a luxury portfolio ranging from aspirational to uber-luxury segments. Equity partnerships are facilitating large-scale housing developments, and the entity retains an investment-grade credit profile.