Shares of Sunteck Realty Ltd rose 1.92% to Rs 445.20 in Friday’s early trade after the real estate developer reported a strong 41.4% year-on-year (YoY) growth in net profit for the September quarter (Q2 FY26), driven by higher revenue and improved operational margins. The stock opened higher than its previous close of Rs 436.80 and touched an intraday high of Rs 458.90 on the NSE.
Q2 FY26 financial highlights
The company’s net profit surged to Rs 49 crore from Rs 34.62 crore in the same quarter last year.
Revenue from operations rose 49.3% YoY to Rs 252.4 crore, while total expenses increased 36.05% YoY to Rs 197.56 crore, reflecting controlled cost escalation despite strong topline growth.
Sunteck Realty’s EBITDA nearly doubled to Rs 78 crore, up 108% YoY, while the EBITDA margin expanded by 873 basis points to 31%, indicating improved efficiency and strong project execution.
Operational performance
The developer reported pre-sales of Rs 702 crore, up 34% YoY, while collections stood at Rs 331 crore, a 24% YoY increase. Sequentially, revenue rose 34% and profit climbed 46.5%, showcasing sustained momentum across its residential portfolio in Mumbai’s premium and aspirational housing segments.
At the current price, the company’s market capitalization stands at Rs 64.99 billion, with a P/E ratio of 40.56 and a dividend yield of 0.34%.
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