Sunteck Realty Ltd.presales ₹1,611 Cr in H1, Borivali land added

Sunteck Realty's Q2 FY27 call, held on 27 October 2026, reported presales of ₹824 crore for the quarter and ₹1,611 crore for the half year, with collections of ₹371 crore and ₹780 crore.

Reported revenue grew 27% to ₹3.2 billion in Q2, while first-half revenue rose 16% to ₹5.1 billion, EBITDA rose 23% to ₹1.6 billion and profit after tax rose 20% to ₹1 billion. Net operating cash surplus for the half rose 27% to ₹3.5 billion. Sunteck bought 4.5 more acres at Borivali West, lifting that holding to 11.5 acres with an estimated GDV of ₹80 billion, and total GDV is now ₹469 billion. Management kept its target of 25% presales growth for FY27, plans ₹70 billion of launches excluding Dubai, weighted to the second half, and aims to launch Nepean Sea Road with RERA approval before the end of FY27.

The Dubai project was moved out of the near-term launch GDV because there is no launch visibility for one or two quarters. Management said its balance sheet supports more business development, with one or two deals at an advanced stage.