Sunteck Realty Q3 FY26: Net Profit Up 34% YoY, Revenue Surges 113%
Strong Third Quarter Performance Signals Continued Momentum
Sunteck Realty's net profit rose 36.92% to ₹58.22 crore in the quarter ended December 2025 compared to ₹42.52 crore in the prior-year period. Sales rose 112.73% to ₹344.12 crore, reflecting accelerating revenue recognition across the developer's portfolio.
EBITDA climbed 68% in Q3 FY26 while net income increased 34% to ₹57 crore, demonstrating effective cost management and project execution. EBITDA soared 70.83% to ₹82 crore in Q3 FY26 compared with ₹48 crore in Q3 FY25.
Pre-Sales Growth Reaches Nine-Month High
Pre-sales for Q3 FY26 grew 16% year-on-year to ₹734 crore, continuing a pattern of strong market reception for new launches. More significantly, for the nine-month period, pre-sales achieved their best-ever performance, registering a 26% year-on-year growth to ₹2,093 crore.
Collections remained strong, totaling ₹1,001 crore for 9M FY26. The management highlighted that the growing share of uber luxury and premium luxury segments is expected to drive further margin expansion, contributing to overall profitability.
Strategic Land Acquisitions Accelerate Growth Pipeline
Sunteck Realty has been proactive in expanding its development portfolio through strategic acquisitions. The company recently acquired a 1.75-acre land parcel in Andheri, near the International Airport, with an estimated Gross Development Value (GDV) of approximately ₹2,500 crore.
The 5th Avenue ODC project in Goregaon West, a premium luxury offering, has already been launched with a positive response from Expression of Interest (EOI) registrations. Upcoming launches include the fourth tower of the existing Mira Road 1 project, followed by a new Mira Road project, and the company plans to launch 2-3 more towers in Naigaon (Sunteck World) and at least two towers in SBR (Sunteck Beach Residences) in Vasai.
The Nepeansea Road project, under the new 'Emaance' brand, is progressing, with sales happening through invitation-only tenancy, awaiting RERA approval expected by Q4 FY26 or Q1 FY27.
Balance Sheet Strength Supports Capital Deployment
The company has maintained a low Net Debt to Equity Ratio of 0.07x, despite significant investments in business development, which amounted to ₹680 crore in 9M FY26 compared to ₹180 crore in the full FY25. Strong net operating cash flow surplus of ₹350 crore in the first nine months of FY26 represents a 12% year-on-year growth.
The company's robust financial health is further validated by its AA Long-term credit rating from India Ratings (Fitch).
Developer Context: Two-Decade Track Record
Sunteck Realty Limited, founded in 2000 by Mr. Kamal Khetan, currently has a portfolio of about 50 million square feet spread across 32 projects. The company solely acquired approximately 23 acres of land in Oshiwara District Centre (ODC), becoming the sole owner of such a large land parcel, marking a first in its history.
Sunteck Realty became the only branded developer to enter the Naigaon region with Sunteck World, the largest township of the western suburbs. In 2007, Sunteck entered the public markets, listing on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) under the symbol SUNTECK, with the IPO raising around ₹500 crores.
Sunteck Realty has differentiated its projects under six brand portfolios—Uber luxury residences, Ultra luxury residences, Premium luxury residences, Marquee Luxury Destination, Aspirational luxury residences, and Commercial & Retail developments.