Sunteck Realty posts FY2026 profit doubles, revenue up 31%
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Sunteck Realty posted a strong FY2026 with revenue surging ~31% YoY to ₹1,12,384.26 lakhs and profit after tax more than doubling to ₹6,584.12 lakhs, driven by strategic acquisitions and JV restructuring, albeit with a sharp fall in cash and higher leverage.
- Revenue (Q4 FY2026): ₹1,12,384.26 lakhs, up ~31% YoY – a robust top‑line expansion.
- Profit after Tax (PAT): ₹6,584.12 lakhs (EPS ₹13.94), up from ₹3,314.36 lakhs a year earlier – a significant improvement.
- Operating margins: Not disclosed in the release; finance costs rose to ₹6,731.64 lakhs, reflecting higher debt servicing.
- Cash & cash equivalents: ₹1,684.17 lakhs, down sharply from ₹8,531.12 lakhs a year ago, highlighting liquidity pressure.
- Debt profile: Total debt ₹5,44,070.45 lakhs (non‑current ₹47,760.58 lakhs, current ₹29,656.50 lakhs) – leverage has risen, increasing interest burden.
- Strategic acquisitions: Completed 100% acquisition of Shreejkrupa Hotels & Properties for ₹9,645.88 lakhs (effective 19 Jan 2026).
- Equity capital raise: Conversion of warrants generated ₹1,124.99 lakhs, with an additional ₹12,125 lakhs from new warrant issuances.
- Joint‑venture restructuring: Sunteck Lifespaces (Dubai) now controls GGICO Sunteck and Sunteck MAS, consolidating JV assets.
- Dividend proposal: ₹2.25 per share (150% of ₹1.50), pending AGM approval.
No explicit management guidance was provided in the announcement.
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