Introduction:
Leading real estate developer reported impressive Q3 FY25 results, with pre-sales growing 40% YoY to ₹635 crore. Revenue surged 281%, while EBITDA and PAT showed substantial YoY growth, alongside a strong business development pipeline with new high-value projects.
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Share price movement of Sunteck Realty:
On January 21, 2025, Sunteck Realty Ltd opened at ₹535.05, up 8.96% from its previous close of ₹491.05. The stock reached a high of ₹546.00 (7.86%) and a low of ₹512.55. By 10:36 AM, it traded at ₹529.65, a 7.86% increase, with a market cap of ₹7,758.79 crore.
Sunteck Realty Reports Robust Q3 Growth:
Sunteck Realty Limited announced impressive Q3 FY25 results, with pre-sales reaching ₹635 crore, up 40% YoY from ₹455 crore in Q3 FY24. The company’s revenue surged 281%, reaching ₹162 crore, demonstrating robust growth.
The company’s EBITDA for Q3 FY25 stood at ₹48 crore, reflecting a 426% YoY increase from the prior year’s negative ₹15 crore. PAT for the quarter also grew by 537% YoY to ₹43 crore, compared to a loss of ₹10 crore in Q3 FY24.
In business development, Sunteck added the Nepean Sea Project-2, with a Gross Development Value (GDV) of ₹2,400 crore. Total GDV for 9M FY25 stood at ₹40,225 crore, indicating a strong development pipeline and market potential.
Stock performance of Sunteck Realty for Period of 1 week, 6 months and 1 year:
Over the past week, the company has seen an 11.6% return, reflecting strong short-term performance. However, it experienced a 16.1% decline over the last six months, while maintaining an 8.90% return over the past year.
Shareholding pattern of Sunteck Realty:
All values in % | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 63.20% | 63.20% | 63.20% |
FII | 19.80% | 19.40% | 18.50% |
DII | 8.30% | 8.60% | 9.30% |
Public | 8.70% | 9% | 9% |
About Sunteck Realty:
Sunteck Realty Limited (NSE: SUNTECK) is a prominent Mumbai-based real estate developer specializing in premium residential and commercial properties across the Mumbai Metropolitan Region, with a substantial project pipeline of ~62.1 million sq ft and a track record of ₹9,000 crore in deliveries.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.