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Earnings Call Transcript

Sunteck Realty Earnings Call Transcript: Key Takeaways

Sunteck Realty delivers a solid Q1 FY27 with 20% presales growth, though the flagship Dubai project remains stalled due to geopolitical calibration despite being launch-ready.

Guidance and delivery
Management target Revenue 30.0% FY27
Highlights
Revenue growthOperating revenue ₹191 Cr; presales grew 20% YoY to ₹787 Cr.
MarginsEBITDA margin expanded 9.5% points YoY to 35%.
Order bookPresales mix: 29% Ultra-Luxury, 50% Premium, 21% Aspirational.
Demand visibilityStrong across luxury and aspirational segments; ₹7,100 Cr near-term launch GDV.
Management confidenceHighly confident in domestic pipeline; cautious but optimistic on Dubai timing.

Growth

Presales up 20% YoY to ₹787 Cr; collections grew 17% YoY to ₹409 Cr with strong 35-40% embedded EBITDA margins.

Outlook

Management guides for 25-30% presales growth in FY27, backed by a ₹7,100 Cr non-Dubai launch pipeline.

Risks

Dubai project timeline uncertainty remains a major pivot point; significant business development spend (₹170 Cr) increases capital intensity.

Last quarter's promises, checked

Delivered

  • Guided 25% presales growth → delivered 25% for FY26 (= BEAT)
  • Guided 35-40% blended EBITDA margin → delivered 35% in Q1 FY27 (= BEAT)
  • Guided negligible net debt/equity → delivered 0.06x-0.07x (= BEAT)

Partly delivered

  • Guided ₹7,000 Cr launch pipeline → delivered ₹7,100 Cr pipeline but timing remains fluid (= PARTIAL)

Missed

  • Guided Dubai launch ASAP/launch-ready → delivered Stalled/Uncertain (= MISS)
Source

Earnings Call Transcript filed with NSE, NSE: SUNTECK. Summary written with AI assistance from the document.

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Sunteck Realty Ltd: key numbers

Share price
₹283.00
Market cap
₹4,156 Cr
Revenue (annual)
₹1,124 Cr
Net profit (annual)
₹204.4 Cr
P/E (TTM)
19.5×Sector 35.8×
Promoter holding
63.15%+0.00% QoQ
FII holding
18.12%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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