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.

Sunteck Realty has successfully completed the acquisition of 100% stake in Tanirika Infrastructure Private Limited (TIPL) through a Share Purchase Agreement executed on April 24, 2026. The transaction, valued at ₹22.40 crore, has made TIPL a wholly owned subsidiary of the real estate developer.

Transaction Overview

The acquisition was formally completed on April 24, 2026, with Sunteck Realty executing the Share Purchase Agreement to acquire complete ownership of Tanirika Infrastructure Private Limited. The company has informed both NSE and BSE about this strategic acquisition under Regulation 30 of SEBI Listing Regulations through official regulatory filings.

Target Company Profile

Tanirika Infrastructure Private Limited, incorporated on February 6, 2011, operates in the real estate industry with a paid-up capital of ₹1.00 lakh. The company has maintained consistent annual turnover of ₹6.00 lakh over the past three years from FY 2023-24 to FY 2025-26.

Strategic Rationale

The acquisition is strategically aligned with Sunteck Realty's development objectives as TIPL owns a property situated on Nepean Sea Road, South Mumbai. This acquisition complements the company's existing holdings, as part of the land parcel is already owned by Mithra Buildcon Private Limited, another wholly owned subsidiary of Sunteck Realty. The transaction enables the company to consolidate its position for the development of this prime Mumbai property.

Regulatory Compliance

The acquisition was executed as a cash consideration transaction and does not fall under related party transactions. No governmental or regulatory approvals were required for completing this acquisition, facilitating a smooth transaction process. The company secretary Rachana Hingarajia digitally signed the regulatory filing documents on April 24, 2026.