Sunteck Realty (SUNTECK) Q3 25/26 earnings summary

Executive summary

• Achieved 21% year-over-year revenue growth and 77% EBITDA growth for the first nine months of FY 2026, with Q3FY26 revenue at Rs. 344 crore (up 113% YoY) and EBITDA at Rs. 82 crore (up 68% YoY), reflecting strong operational resilience and profitability.

• PAT for Q3FY26 stood at Rs. 57 crore (up 34% YoY); 9MFY26 PAT at Rs. 139 crore (up 39% YoY).

• Pre-sales reached Rs. 734 crore in Q3FY26 (up 16% YoY) and Rs. 2,093 crore for nine months (up 26% YoY), marking the best-ever nine-month pre-sales performance.

• Ultra luxury and premium luxury segments are driving a larger share of pre-sales, supporting margin expansion.

• Net operating cash flow surplus for 9MFY26 was Rs. 349 crore, up 12% YoY.

Financial highlights

• Q3FY26 operating revenue: Rs. 344 crore; EBITDA: Rs. 82 crore (24% margin); net profit: Rs. 57 crore (17% margin, up 34% YoY).

• 9MFY26 operating revenue: Rs. 785 crore (up from Rs. 647 crore YoY); EBITDA: Rs. 207 crore (26% margin, up 77% YoY); net profit: Rs. 139 crore (18% margin, up 39% YoY).

• Net debt to equity remains low at 0.07x.

• Gross collections for 9MFY26 were Rs. 1,001 crore.

• Strong credit rating of AA by India Ratings (Fitch).

Outlook and guidance

• Confident in achieving FY 2026 pre-sales guidance of Rs. 3,000 crore, expecting Q4 run-rate of Rs. 900 crore.

• Guidance for FY 2027 will be communicated with yearly results; management remains confident if market stability continues.

• Expanding annuity income portfolio with projected annual rental income of Rs. 320 crore by FY2029E.

• Joint investment platform with IFC-World Bank Group for up to Rs. 750 crore to develop green housing projects.

• Management continues to monitor regulatory changes, including new Labour Codes, and will adjust accounting as needed.