Sunteck Realty delivered robust financial performance in Q3 FY26, demonstrating strong operational resilience and growth momentum across key business metrics. The real estate developer reported significant improvements in profitability and revenue generation during the quarter.

Q3 FY26 Financial Performance

The company's consolidated financial results for Q3 FY26 showed strong growth trajectory with notable improvements in both profitability and operational metrics.

Nine-Month Performance Highlights

Sunteck Realty achieved exceptional performance during the first nine months of FY26, with record-breaking presales and strong financial metrics.

Business Development and Expansion

The company made significant investments in business development during the nine-month period, spending ₹623 crores compared to ₹180 crores for the full year FY25. Key acquisitions include a 1.75-acre land parcel in Andheri near Mumbai International Airport with development potential of approximately 6 lakh square feet and estimated gross development value of ₹2,500 crores.

Strong Cash Flow Management

Sunteck Realty generated robust net operating cash flow surplus of ₹349 crores in the first nine months of FY26, representing 12% growth over the same period last year. This strong cash generation enabled the company to maintain a negligible net debt-to-equity ratio of 0.07x despite aggressive business development investments.

Project Launches and Market Position

The company launched new phases including the 5th Avenue project in Goregaon West ODC and new towers in Naigaon, receiving positive market response. Management expressed confidence in achieving full-year guidance, citing strong performance across multiple projects and segments, with particular strength in the premium luxury segment driving margin expansion.

Sunteck realty Limited has successfully completed a strategic acquisition that strengthens its position in Mumbai's prime real estate market. The company announced the completion of its 100% stake acquisition in Shreejikrupa Hotels and Properties Private Limited on January 20, 2026, marking a significant milestone in its expansion strategy.

Acquisition Structure and Timeline

The acquisition was executed through Apricum Buildwell Private Limited (ABPL), a wholly owned subsidiary of Sunteck Realty. Following the completion of the transaction on January 19, 2026, Shreejikrupa Hotels and Properties Private Limited (SHPPL) has become a wholly owned subsidiary of ABPL and a step-down wholly owned subsidiary of the parent company.

The transaction follows the company's earlier intimation dated October 30, 2025, with all conditions precedent as per the Share Purchase Agreement now being fulfilled.

Strategic Land Asset Details

The acquired entity holds a premium land parcel that positions Sunteck Realty advantageously in Mumbai's competitive real estate landscape. The property's strategic location and development potential represent key value drivers for the acquisition.

Development Value and Market Position

The gross development value expected from this land parcel is approximately ₹2,500.00 crores, reflecting the premium nature of the asset and its strategic location near Mumbai's International Airport. This acquisition enhances Sunteck Realty's land bank with a high-value asset in one of Mumbai's most sought-after corridors.

The completion of this acquisition demonstrates Sunteck Realty's continued focus on securing prime development opportunities in Mumbai's key growth areas. The proximity to the international airport and major arterial roads positions this asset favorably for future development projects.