Mumbai-based premium real estate developer Sunteck Realty Limited has posted strong financial results for the third quarter and first nine months of FY26, reflecting steady growth across revenue, profitability, and operational metrics.
The company reported Q3FY26 revenue of approximately Rs. 344 crore, a 113% year-on-year (YoY) increase compared to Rs. 162 crore in the same quarter last year. For the nine months ending FY26, revenue stood at Rs. 785 crore, up 21% YoY from Rs. 647 crore.
EBITDA grew to Rs. 82 crore in Q3FY26, up 68% YoY, with margins holding at 24%. For the nine-month period, EBITDA reached Rs. 207 crore, marking a 77% YoY rise, with a healthy margin of 26%. PAT also recorded notable growth, rising 34% YoY to Rs. 57 crore in Q3FY26 and 39% YoY to Rs. 139 crore in 9MFY26, with margins of 17% and 18% respectively.
These figures underscore Sunteck Realty’s ability to maintain profitability while scaling operations in a competitive real estate environment.
Strong Operational Trends Fuel Growth
Operationally, Sunteck Realty has demonstrated consistent momentum in pre-sales, collections, and cash flow management. Pre-sales for Q3FY26 reached Rs. 734 crore, up 16% YoY, while nine-month pre-sales rose 26% YoY to Rs. 2,093 crore. Collections also remained strong, with Rs. 319 crore in Q3FY26 and Rs. 1,001 crore for the nine months.
The company reported a net operating cash flow surplus of Rs. 349 crore, marking a 12% YoY increase, and maintained a conservative net debt-to-equity ratio of just 0.07x. These metrics reflect Sunteck Realty’s disciplined financial management and operational efficiency.
Strategic Land Acquisitions Expand Development Portfolio
Sunteck Realty has continued to strengthen its development pipeline with strategic acquisitions. The company recently acquired a 1.75-acre land parcel in Andheri, near Mumbai’s International Airport, with an estimated Gross Development Value (GDV) of approximately Rs. 25 billion.
This acquisition is the third major addition to the company’s portfolio in FY26, following a Mira Road project on Western Express Highway and a redevelopment project in Andheri near the Western Express Highway. Collectively, these three projects bring the total estimated GDV to around Rs. 50 billion, positioning Sunteck Realty for significant growth in the coming years.
Dr. Rahul Kulkarni, spokesperson for the company, noted, “These strategic acquisitions are aligned with our vision of creating high-quality, premium residential projects in Mumbai’s most sought-after locations, catering to evolving urban lifestyles.”
Commitment to ESG Excellence
Sunteck Realty continues to demonstrate leadership in sustainable development and environmental responsibility. The company achieved a stellar score of 99/100 in the 2025 Global Real Estate Sustainability Benchmark (GRESB), earning the prestigious Green 5-star rating.
This recognition reflects the company’s focus on environmentally responsible design, energy efficiency, and sustainable building practices, reinforcing its reputation as a developer committed to long-term value creation for stakeholders and communities.
Looking Ahead
With strong financial performance, robust pre-sales, and strategic land acquisitions, Sunteck Realty is well-positioned for sustained growth in the Mumbai residential market. The company’s focus on premium locations, disciplined execution, and ESG-aligned development sets it apart in a competitive market.
Analysts note that Sunteck Realty’s conservative leverage, efficient cash flow management, and high-quality development pipeline provide a strong foundation for navigating market cycles while continuing to deliver value to homebuyers and investors.
As the company advances its FY26 pipeline and integrates recent acquisitions into construction plans, Sunteck Realty is poised to capitalize on demand for premium residential properties in Mumbai, while maintaining its focus on sustainability and operational excellence.
