SUNTECK REALTY LIMITED

Sunteck Realty Limited reported a strong start to FY27 during its earnings conference call. Management stated that presales grew by 20% year-on-year, while collections increased by 17% year-on-year. The segment mix of presales was balanced, with contributions from various luxury segments. EBITDA grew by 40% year-on-year, and the EBITDA margin expanded to 35%. The company maintained a low net debt to equity ratio of 0.07x and received an AA long-term rating from India Ratings. Management provided updates on their Dubai project, confirming it is launch-ready but the timing is uncertain due to market conditions. They also discussed their business development pipeline and plans for future project launches, indicating a goal of 25% to 30% growth in presales for FY27. The call concluded with management expressing gratitude for investor support and encouraging further inquiries.

Management highlighted strong growth metrics and positive developments in business operations.