Sunteck Realty (SUNTECK) Q1 25/26 earnings summary

Executive summary

• Achieved record pre-sales bookings of INR 657 crore in Q1 FY 2026, up 31% year-over-year from INR 502 crore in Q1 FY 2025.

• EBITDA rose to INR 48 crore, up 52% year-over-year, with margin expanding to 25%.

• Net profit was INR 33 crore, a 47% increase year-over-year, with a net profit margin of 18%.

• Net debt-to-equity ratio at 0.02x, indicating a strong balance sheet.

• Affirmed long-term credit rating of AA (Stable) by Switch India Ratings and Fitch (India Ratings).

Financial highlights

• Pre-sales bookings reached INR 657 crore in Q1 FY 2026, a 31% increase year-over-year.

• Collections for Q1 FY 2026 were INR 351 crore, up from INR 342 crore in Q1 FY 2025.

• Net operating cash flow surplus of INR 108 crore in Q1 FY 2026.

• Operating revenue stood at INR 188 crore for Q1 FY 2026.

• Consolidated revenue from operations for Q1 FY26 was ₹18,831.89 lakhs, with total income at ₹20,604.85 lakhs.

Outlook and guidance

• Reaffirmed guidance for similar or better growth for the full year FY 2026.

• Anticipates further margin expansion as luxury segment sales increase.

• Expects substantial growth in collections as new project construction progresses.

• Dubai project launch targeted for Q4 FY 2026 or Q1 FY 2027.

• Management expects recoverability of disputed receivables and investments, with no provisions considered necessary based on legal opinions and arbitration outcomes.