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Sunteck Realty Limited recorded steady growth in its financial performance for the second quarter and first half of FY26. The company reported a 34% rise in pre-sales to around INR 702 cr and a 24% increase in collections to nearly INR 331 cr. Revenue from operations climbed 49% to approximately INR 252 cr, while EBITDA more than doubled to INR 78 cr. Profit after tax (PAT) stood at INR 49 cr, up 41%. For the first half, pre-sales reached INR 1,359 cr, and EBITDA rose 83% to INR 126 cr. Sunteck also secured two new projects in Andheri and Mira Road and achieved a top ESG rating in the 2025 GRESB assessment.
Sunteck Realty Limited, a premium Mumbai-based developer, announced its financial results for the second quarter and first half of FY26, reporting growth across all major parameters. Advertisement
During the second quarter, pre-sales rose to about INR 702 cr, reflecting a 34% year-on-year increase. Collections stood at approximately INR 331 cr, up 24%. Revenue from operations grew 49% to INR 252 cr compared with the same period last year. EBITDA nearly doubled to INR 78 cr, marking a 108% growth, with margins expanding to about 31%, higher by 873 basis points. Profit after tax stood at INR 49 cr, up 41%, maintaining a healthy margin of 19%.
In the first half of FY26, the company's pre-sales reached about INR 1,359 cr, up 32% compared to the previous year. Collections for the half-year were around INR 682 cr, registering a 12% increase. Revenue from operations stood at INR 441 cr. EBITDA for the six-month period rose sharply to INR 126 cr, up 83%, while PAT improved by 44% to INR 82 cr. The EBITDA margin strengthened to 28%, up 1,433 basis points, and PAT margin grew to 19%, up 687 basis points. Sunteck reported a net operating cash flow surplus of approximately INR 258 cr, reflecting a 35% improvement. The company continues to maintain a very low net debt to equity ratio of 0.04x, underlining its conservative financial approach.
On the business development side, Sunteck has been expanding its portfolio through strategic projects. The company has been selected as the preferred developer for a redevelopment project in Andheri, located near the Western Express Highway. The project covers about 2.5 acres with a development potential of roughly 2.75 lakh sq ft and an estimated Gross Development Value (GDV) of INR 1,100 cr. Additionally, the company has entered into a Joint Development Agreement (JDA) for a project at Mira Road, also along the Western Express Highway. This project spans about 3.5 acres with a potential development area of around 5.5 lakh sq ft and an estimated GDV of INR 1,200 cr.
The company also highlighted its commitment to sustainability and governance. Sunteck achieved a high score of 99 out of 100 in the 2025 Global Real Estate Sustainability Benchmark (GRESB), earning the Green 5-star rating an indicator of its strong ESG practices and responsible development standards.
The company's earlier performance in the first quarter had also reflected similar momentum, with pre-sales of around INR 657 cr, up 31% year-on-year, and collections of INR 351 cr. This consistent growth across consecutive quarters suggests sustained buyer confidence and operational stability in Sunteck's portfolio, primarily spread across Mumbai's prime residential markets.
Sunteck's financial strength, measured by low leverage and strong cash flows, positions it to capitalize on Mumbai's redevelopment opportunities while maintaining disciplined execution. Its upcoming projects in Andheri and Mira Road are expected to enhance its development pipeline and support revenue growth in the coming quarters.
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