Sunteck Realty has expanded its operational footprint by incorporating two wholly-owned subsidiaries, Eminara Realty Private Limited and Eminara Lifespace Private Limited, on June 20, 2026. The company subscribed to 10,000 equity shares in each entity, with a face value of ₹10 per share, aggregating to a total subscription cost of ₹1,00,000 for each subsidiary. This strategic move aims to bolster the company's presence in the construction and real estate sectors.

The Certificate of Incorporation for both entities was issued by the Ministry of Corporate Affairs, Central Registration Centre, and was made available on the ministry's website on June 22, 2026. Both subsidiaries are classified under real estate activities and will engage in construction, real estate, and allied operations. Sunteck Realty holds 100% of the share capital in both Eminara Realty Private Limited and Eminara Lifespace Private Limited, maintaining full control over the new ventures.

The incorporation was conducted through a cash consideration, and the transaction does not fall under related party transactions. There is no interest from the promoter or promoter group in these entities. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Details of Subsidiaries

The key details of the newly incorporated subsidiaries are outlined below:

Sunteck Realty has announced its financial results for the fourth quarter and full year of FY 2026, following an earnings conference call held on April 22, 2026. The company delivered a strong financial performance with revenue growth of 32% year-on-year, EBITDA growth of 64% year-on-year, and PAT growth of 34% year-on-year for the full year.

Financial Performance Summary

Operational Performance

The company achieved full year presales of INR3,157 crores, registering robust growth of 25% over FY '25. In Q4 FY26 alone, presales reached INR1,064 crores, growing 22%. Collections for the full year stood at INR1,433 crores, up 14% year-on-year, with Q4 collections at INR432 crores, growing 39%. The sales mix was well distributed across projects, with uber luxury and premium luxury segments driving a larger share of presales.

Cash Flow and Balance Sheet

Sunteck Realty generated a strong net cash flow surplus of INR5.5 billion for FY '26, representing growth of 48% year-on-year. The company maintained its net debt to equity at a negligible level of 0.06x with a net cash surplus of INR552 crores. Business development investments increased significantly to INR8.1 billion in FY '26 compared to INR1.8 billion in FY '25.

Business Development and Portfolio Expansion

During FY '26, the company added 3 new projects with combined gross development value of approximately INR50 billion, including a 2.5 acres redevelopment project at Andheri near Western Express Highway, a 3.5 acres joint development project at Mira Road, and outright acquisition of 1.75 acre land parcel at Andheri near International Airport. The total GDV of Sunteck as of FY '26 stands at approximately INR441 billion gross of presales.

Sustainability Achievements

In the 2025 Dow Jones Sustainability Index assessment, the company achieved an ESG score of 78 out of 100, placing it among the top 3 Indian real estate developers on the global benchmark. Additionally, the company earned 99 out of 100 in the 2025 Global Real Estate Sustainability Benchmark, securing the green 5-star rating.

Future Outlook

Management remains confident of sustaining similar growth momentum in FY '27, with planned launches including projects in Andheri, Mira Road, Vasai, and Naigaon. The company expects blended EBITDA margins of 35% to 40% going forward. The Dubai project remains launch-ready, with the company awaiting market stabilization before proceeding with the launch.