Sunteck Realty Q2 FY27 Revenue Rises 27% to Rs 3.21 Billion
Real Estate

Sunteck Realty Q2 FY27 Revenue Rises 27% to Rs 3.21 Billion

Sunteck Realty Limited reported a 27 per cent year-on-year increase in consolidated revenue to Rs 3.21 billion for the second quarter of FY27, compared with Rs 2.52 billion in the corresponding period last year. Revenue for the first half of FY27 rose 16 per cent to Rs 5.12 billion.

The Mumbai-based real estate developer recorded EBITDA of Rs 890 million in Q2 FY27, up 13 per cent year-on-year, while profit after tax (PAT) increased 17 per cent to Rs 570 million. For H1 FY27, EBITDA grew 23 per cent to Rs 1.56 billion, and PAT rose 20 per cent to Rs 990 million. The EBITDA margin stood at 28 per cent during the quarter and 30 per cent for the first half.

Operationally, pre-sales increased 17 per cent to Rs 8.24 billion in Q2 FY27, while collections rose 12 per cent to Rs 3.71 billion. During H1 FY27, pre-sales grew 19 per cent to Rs 16.11 billion, with collections increasing 14 per cent to Rs 7.80 billion.

The company reported a net operating cash flow surplus of Rs 3.47 billion in H1 FY27, registering 27 per cent year-on-year growth. It invested approximately Rs 3.91 billion in business development during the period, with nearly 90 per cent funded through operating cash flows. Its net debt-to-equity ratio stood at 0.09 times.

As part of its expansion strategy, Sunteck Realty acquired an additional land parcel in Borivali West, increasing its assembled landholding in the location to approximately 11.5 acres. The acquisition strengthens one of the company's largest single-location development opportunities.

The developer's total gross development value (GDV) stands at approximately Rs 469 billion. Its FY27 launch pipeline, excluding Dubai, is valued at around Rs 70 billion, with upcoming launches planned at Sunteck Belvedere Park in Mira Road and Andheri along the Western Express Highway during the second half of FY27.

On the sustainability front, Sunteck Realty achieved a score of 98.8 out of 100 in the 2026 Global Real Estate Sustainability Benchmark (GRESB), retaining its Green 5-star rating for the second consecutive year. Additionally, 4th Avenue at Sunteck City received EDGE Advanced Certification from Green Business Certification Inc. (GBCI), recognising improvements in energy efficiency, water conservation and reduced embodied carbon in building materials.

Sunteck Realty Limited reported a 27 per cent year-on-year increase in consolidated revenue to Rs 3.21 billion for the second quarter of FY27, compared with Rs 2.52 billion in the corresponding period last year. Revenue for the first half of FY27 rose 16 per cent to Rs 5.12 billion.The Mumbai-based real estate developer recorded EBITDA of Rs 890 million in Q2 FY27, up 13 per cent year-on-year, while profit after tax (PAT) increased 17 per cent to Rs 570 million. For H1 FY27, EBITDA grew 23 per cent to Rs 1.56 billion, and PAT rose 20 per cent to Rs 990 million. The EBITDA margin stood at 28 per cent during the quarter and 30 per cent for the first half.Operationally, pre-sales increased 17 per cent to Rs 8.24 billion in Q2 FY27, while collections rose 12 per cent to Rs 3.71 billion. During H1 FY27, pre-sales grew 19 per cent to Rs 16.11 billion, with collections increasing 14 per cent to Rs 7.80 billion.The company reported a net operating cash flow surplus of Rs 3.47 billion in H1 FY27, registering 27 per cent year-on-year growth. It invested approximately Rs 3.91 billion in business development during the period, with nearly 90 per cent funded through operating cash flows. Its net debt-to-equity ratio stood at 0.09 times.As part of its expansion strategy, Sunteck Realty acquired an additional land parcel in Borivali West, increasing its assembled landholding in the location to approximately 11.5 acres. The acquisition strengthens one of the company's largest single-location development opportunities.The developer's total gross development value (GDV) stands at approximately Rs 469 billion. Its FY27 launch pipeline, excluding Dubai, is valued at around Rs 70 billion, with upcoming launches planned at Sunteck Belvedere Park in Mira Road and Andheri along the Western Express Highway during the second half of FY27.On the sustainability front, Sunteck Realty achieved a score of 98.8 out of 100 in the 2026 Global Real Estate Sustainability Benchmark (GRESB), retaining its Green 5-star rating for the second consecutive year. Additionally, 4th Avenue at Sunteck City received EDGE Advanced Certification from Green Business Certification Inc. (GBCI), recognising improvements in energy efficiency, water conservation and reduced embodied carbon in building materials.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Seco Marks 30 Years in India, Strengthens Pune Operations Wins Rs 8.39 Billion Vande Bharat Sleeper Orders

"Wabtec Corporation (NYSE: WAB) has secured orders worth approximately US$94 million (Rs 8.39 billion, or Rs 8,390 million) from Indian Railways for systems for the Vande Bharat Sleeper programme. The equipment is intended to increase service availability, simplify maintenance and improve passenger safety.Wabtec will supply onboard brake systems, doors and gangway solutions. Its scope also includes system delivery, integration support, testing, commissioning and long-term operational reliability support.Pascal Schweitzer, President, Wabtec Transit, said the orders reflect the company’s commi..

Next Story
Real Estate

Godrej Properties Targets Rs. 415 bn Sales Bookings by FY27

Godrej Properties is projected to achieve sales bookings of Rs. 415 bn in FY27, representing 22 per cent growth and exceeding its guidance of Rs. 390 bn. The company attributed the outlook to sustained consumer demand for residential projects across all its markets. Chairperson Pirojsha Godrej said the company remained on track to meet or exceed its annual targets for sales bookings, project launches, customer collections, project deliveries and land acquisition. Sales bookings in the first half of the financial year rose 7 per cent to Rs. 166.59 bn from Rs. 155.87 bn in the year-ago period. T..

Next Story
Infrastructure Urban

RPS Infrastructure Appoints KBE for Rs. 4.5 bn 12th Avenue Phase 3

Faridabad-based real estate developer RPS Infrastructure has awarded a construction contract worth more than Rs. 4.5 bn to KBE-Krishna Buildestates for Phase 3 of its flagship mixed-use development, RPS 12th Avenue. Spread across approximately 9 acres, the phase will include the Crosswalk mall and The Wisterias South, a residential development comprising three ultra-luxury towers. Phase 3 forms part of the wider 34-acre RPS 12th Avenue ecosystem on Main Mathura Road in Sector 27C, Faridabad. KBE will lead construction of the new phase, with the architectural blueprint already completed by glob..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code