Sunteck Q2: Pre-Sales Rs 824 Crore, Profit Up 17% to Rs 57 Crore

Sunteck Realty's Q2 FY27 pre-sales rose 17% to Rs 824 crore and profit 17% to Rs 57 crore. Net debt-to-equity is 0.09x. Key numbers.
Sunteck Q2: Pre-Sales Rs 824 Crore, Profit Up 17% to Rs 57 Crore

Mumbai developer Sunteck Realty reported a consolidated net profit of Rs 57 crore for July-September 2026, up 17% from Rs 49 crore a year earlier. Its board approved the results on Monday, October 26, and an investor call is scheduled for 4 p.m. IST today.

What are the key numbers?

  • Pre-sales: Rs 824 crore, up 17%; first-half pre-sales Rs 1,611 crore, up 19%

  • Revenue: about Rs 321 crore, up 27%; first half Rs 512 crore, up 16%

  • EBITDA: about Rs 89 crore, up 13%, with a margin of 28%; first-half EBITDA Rs 156 crore, up 23%, at a 30% margin

  • Profit after tax: about Rs 57 crore; first half Rs 99 crore, up 20%

  • Collections: about Rs 371 crore, up 12%; first half Rs 780 crore, up 14%

 

How is the balance sheet?

Net operating cash flow was about Rs 347 crore for the half, up 27%, after investing roughly Rs 391 crore in new projects and land, about 90% of which was funded from operating cash. The net debt-to-equity ratio is 0.09 times, and the company holds AA long-term and A1+ short-term ratings from India Ratings (Fitch Group). Sunteck also issued Rs 70 crore of commercial paper at 7.75%.

A data mismatch to watch

Some outlets, including an early preview, showed pre-sales of Rs 702 crore and profit up 41%. The company's own release shows Rs 824 crore and a 17% profit rise. Use the company figures.

What is the outlook?

Sunteck has kept its FY27 pre-sales growth guidance at 25% to 30%. First-half pre-sales are up 19%, so the second half must grow faster to hit it (our observation). Investors are also tracking legal matters: a dispute over a CIDCO lease premium and a partnership arbitration.