Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 1 Oct - India Ratings affirmed Sunteck Realty’s IND AA/Stable issuer and bank loan ratings; assigned IND A1+ for commercial paper.
Source: Bse
Sunteck Realty Limited (SUNTECK)
Micro CapReal Estate stocks · Micro cap · NSE
Sunteck Realty is a founder-led, professionally-managed developer of premium homes and offices in the Mumbai Metropolitan Region (MMR). With 15+ years of delivery across 20 projects, the company focuses on risk-managed development across micro-markets, models (outright, JV/JDA, redevelopment), and customer segments from uber to aspirational luxury.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals17 Oct 2026 · screener
Latest result21 Jul, 11:44 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags04 Oct 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Real Estate P/E 22.2 (n=72)
Technical timing lens
Trend score and candlestick chart
32Bearishfull bear SMA stack · SMA20 -6.4% / mo · MACD + · near 52W low · sector -6.4pp vs Nifty 500 (3M)
Stock trend: 24
Sector RS: 44
Sector 3M: -12.0% vs Nifty 500 -5.6%
Real Estate FPI tailwindBuilding
Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence
Technical chart
SUNTECKD candles · FIT view-23.8%Latest close ₹267.35 on 2026-10-19
Bar
-2.6%
RSI
34
MACD hist
0.04
52W pos
1%
2026-10-19O ₹274.45H ₹275.25L ₹266.60C ₹267.35Vol 87,098 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
SUNTECKNifty RealtyNifty 500
- SUNTECK
- -15.7%
- Nifty 500
- -5.6%
- Nifty Realty
- -11.0%
- Vs Nifty 500
- -10.1 pp
Chart stats
19 Oct 2026- From 52W high
- -43.4%
- 52W range position
- 1%
- ATR (14)
- 2.8%
- Volume vs 20D
- 0.89x
- Avg traded value
- ₹2.7 Cr
- 20D price channel
- ₹266.1 - ₹295
₹472.5
₹266.1 - ₹472.5
₹7.4
Latest completed session
20-session average
19.1% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE56
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good60
Revenue +2.1% · PAT +27.3% YoY
Technical
Bearish32
Price trend and sector-relative-strength timing.
Valuation
Legacy model+44.7%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence64
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Good · 60/100Rev +2% YoY · PAT +27% YoY · margin expansion · operating leverage
Filed 21 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹192 Cr | +2.1% | -43.4% |
| EBITDA | ₹67 Cr | +39.6% | -30.9% |
| Operating margin | 35.0% | +1000 bps | +700 bps |
| PAT | ₹42 Cr | +27.3% | -33.3% |
| PAT margin | 21.9% | +433 bps | +330 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 18.90
- P/B
- 1.12
- EV/EBITDA
- 14.24
- Market Cap
- 4038.00Cr
Profitability
- ROE
- 5.85%
- ROCE
- 7.48%
- ROA
- 2.13%
- Dividend Y
- 0.55%
Growth (CAGR)
- Revenue 5Y
- 13.00%
- EPS 5Y
- 34.00%
- Revenue 3Y
- 46.00%
- EPS 3Y
- 85.00%
Balance Sheet
- Debt/Equity
- 0.21
- Interest Coverage
- 4.42×
- Altman Z
- 1.25
- Book Value
- 246.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 6/5
- OCF
- -432.00 Cr
- EPS TTM
- 14.53
Shareholding
- Promoter Hold
- 7.00%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 5%
Financial History
Updated 18/10/2026
Revenue
₹ CrLatest: 192-43.4% vs prev
Net Profit
₹ CrLatest: 42.0-33.3% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 34.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~6.8% over last month) — short-term momentum negative.
- RSI(14) at 34 — sideways, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
14
RS percentile
Stage 4 Downtrend
1M return
-9.1%
3M return
-15.7%
6M return
-25.3%
1Y return
-39.2%
RS 1D
-4
RS 20D
-9
Sector rank
#18
Industry rank
#71
Stage evidence
- Price is 12.2% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -3.7%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
lagging
Industry
lagging
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 67.26-1.77%
RS vs Nifty 50067
Valuation & peers
U-Score 56 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 56 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Growth at Value
Fundamental score breakdown
U band · FAIR VALUEValuation19/30
Growth25/25
Quality1/20
Balance Sheet4/15
Cash Flow3/10
Piotroski
6/9 (+3)
Penalties
1
Raw sum
56
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
56/100 · legacy band FAIR VALUE
Positive drivers
- Fair-value margin of safety is positive at 44.7%.
- Growth contributes 25/25 to the score.
- Valuation contributes 19/30 to the score.
Main drags
- Altman Z is 1.3, in distress territory.
- Quality is weaker at 1/20; verify the latest quarterly trend.
- Balance sheet is weaker at 4/15; verify the latest quarterly trend.
Sector valuation model
Real estate valuation: NAV, pre-sales, debt, and inventory quality
Real estate valuation depends more on project economics and balance sheet than simple PE.
Primary lens
NAV and market cap versus project pipeline and pre-sales.
Secondary checks
Inventory age, net debt, collections, execution record.
Main risk check
Book value can overstate value if inventory is slow or debt is high.
PE
18.9
PB
1.1
EV/EBITDA
14.2
ROE
5.8%
ROCE
7.5%
FCF Yield
—
Debt/Equity
0.2
MoS
+44.7%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
56
Previous: 56
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+44.7%
Previous: +44.7%
Score history
12 stored score snapshots. Latest stored move: +5 points.
20 Oct 2026
v4.3-runtime-valuation
53
53
53
53
53
51
51
51
51
51
51
56
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹283.59
+5.7% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹483.85
+44.7% MoS
PEG
0.35
Comparable companies
Peers
Business-comparable peers in Real Estate — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
DBREALTY
Micro
Valor Estate Limited
Real Estate
match 172
31
—
-1.3%
-801%
OVERVALUED
ASHIANA
Small
Ashiana Housing Limited
Real Estate
match 170
55
32.8
13.8%
+7%
FAIR VALUE
MANINFRA
Small
Man Infraconstruction Limited
Real Estate
match 167
43
23.1
9.2%
+37%
WATCHLIST
MARATHON
Small
Marathon Nextgen Realty Limited
Real Estate
match 166
64
13.2
4.7%
+60%
UNDERVALUED
AJMERA
Small
Ajmera Realty & Infra India Limited
Real Estate
match 165
60
14.9
11.5%
+51%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-07-23T03:11:12.376Z
Management commentary snapshot
Sunteck Realty reports strong Q1 FY27 operational performance with presales up 20% YoY to Rs 787 cr and collections up 17% YoY to Rs 409 cr. Net cash surplus surged 79% YoY, while net debt/equity remained conservative at 0.07x.
The company continues to demonstrate robust operational growth, particularly in presales and collections, while maintaining a strong balance sheet with low leverage. The substantial GDV pipeline and strategic project additions support long-term visibility, aligning with a thesis of disciplined, capital-efficient growth in the MMR.
Current business mix
Q1 FY27 Pre-sales by Customer Segment
Latest issuer-disclosed distribution across 3 reported categories.
Uber luxury29.0%
Premium luxury50.0%
Aspirational luxury21.0%
Growth engines
Diversified Project Pipeline
PositiveTotal GDV of ~Rs 42,700 cr provides several years of launches already secured across 10 micro-markets and three customer segments.
Capital-Light Development Models
PositiveStrategic use of JV/JDA (50% of GDV) and redevelopment (3% of GDV) alongside outright acquisitions (26% of GDV) allows for capital-efficient growth.
Annuity Income Growth
PositiveAnnuity book is on track to reach ~Rs 450 cr by FY29E from Rs 76 cr currently, driven by commercial assets like 5th Avenue and ODC.
Capacity and execution
New Project Additions
PositiveRs 4,950 cr of GDV added across three new projects in the past 12 months: Sunteck Park (Mira Road 2), Andheri Kurla - Sahar, and Andheri, WEH.
Tailwinds
Strong Housing Demand in MMR
PositiveThe company's diversified presence across micro-markets and customer segments in MMR allows it to capture demand as incomes rise.
Risk radar
Project Approval Delays
NeutralA significant portion of GDV is 'To-be Launched' (Rs 16,100 cr) and 'Upcoming for Launch' (Rs 18,230 cr), indicating reliance on timely approvals.
Execution Risk for Large Pipeline
NeutralManaging a total GDV of Rs 42,700 cr across multiple projects and development models requires robust execution capabilities.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare YOY
Real estate performance is best assessed year-over-year to account for project-specific launch cycles, construction timelines, and seasonal demand patterns, which can cause significant quarterly fluctuations. The document also primarily presents YoY comparisons for key metrics.
Sector KPIs management disclosed
Presales
PositiveQ1 FY27 presales of Rs 787 cr, up 20% YoY. FY26 presales were Rs 3,157 cr, up 25% YoY.
Collections
PositiveQ1 FY27 collections of Rs 409 cr, up 17% YoY. FY26 collections were Rs 1,433 cr, up 14% YoY.
Total GDV
PositiveTotal Gross Development Value (GDV) as of Q1 FY27 is Rs 42,700 cr, net of sales already effected. This is up from Rs 41,030 cr in FY26.
Net Debt / Equity
NeutralNet debt / equity stood at 0.07x in Q1 FY27, slightly up from 0.06x in FY26, but remains conservative. The company holds an AA long-term rating from India Ratings.
Management forward view
Focus on Cash Flow Generation
PositiveManagement emphasizes running the business on cash flow, not accounting revenue, evidenced by consistent net operating cash surplus.
Strategic Land Acquisition Filters
PositiveAcquisition filters remain unchanged: research-led micro-market selection, entering growth corridors early, and high equity-multiple threshold on deals.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Presales Growth | Q1 FY27: +20% YoY (Rs 787 cr) | Sustained double-digit YoY growth, indicating continued market acceptance and successful project launches. |
| Net Debt / Equity | Q1 FY27: 0.07x | Maintenance of conservative leverage, especially with ongoing business development spend and project execution. |
| Annuity Book Expansion | FY26: Rs 76 cr | Progress towards the stated target of ~Rs 450 cr by FY29E, diversifying revenue streams. |
| GDV Additions & Launches | Rs 4,950 cr GDV added in past 12 months | Consistent addition of new projects and conversion of 'To-be Launched' GDV into 'Launched' status. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
64Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 42nd percentile of the scored universe and 63rd percentile within Real Estate. Main check: financial discipline is weak at 48/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
115 docs text-extracted · 34 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
42nd percentile
overall median 67 · Real Estate: 63rd pctile, median 61 · Micro: 25th pctile, median 73
Evidence depth
Financial-only
115 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
55
watch · leverage and solvency
Discipline
48
watch · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 63.1%.
- ▸Promoter pledge is zero.
- ▸6 years of positive FCF.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Operating cash flow is negative at ₹-432 Cr.
- ▸Altman Z is 1.28.
- ▸ROCE is low at 7.5%.
- ▸ROE is low at 5.9%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Sunteck Realty Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Scheme of Arrangement 1 Oct - Board approved scheme demerging Sunteck City 4th Avenue undertaking from Satguru into Sunteck, subject to approvals.
Source: Bse
Annual reportSep 2026
Sep 2026 · Letter Providing Web Link Of Notice And Annual Report 2025-26 To The Shareholders Under Regulation 36(1)(B) Of SEBI LODR Regulations, 2015 1 Sep - 43rd AGM on 24 Sep 2026 at 4:30 PM; annual report FY2025-26 sent to shareholders.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Sep - Newspaper Publication with respect to information regarding 43rd Annual General Meeting, Record Date, Cut-off Date and E-voting Information of the Company.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Aug - Newspaper advertisement with regard to Notice for transfer of equity shares of the Company to IEPF
Source: Bse
Investor presentationJul 2026
Jul 2026 · PPT
Source: Bse
Concall transcriptJul 2026
Jul 2026 · Transcript
Source: Bse
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Jul - Q1 FY2027 earnings conference call on 22 July 2026 at 4:00 p.m. IST.
Source: Bse
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 15 Jul - Earnings Conference Call on Q1 FY 2027 results and business updates scheduled to be held on 22nd July, 2026 at 4.00 p.m. (IST)
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 21 Jul - Sunteck Realty announced Q1 FY27 results: revenue Rs192 cr, PAT Rs42 cr, pre-sales Rs787 cr.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Acquisition 26 Jun - Sunteck Realty incorporated wholly owned subsidiary Eminara Buildcon Private Limited on 26 June 2026, subscribing ₹1,00,000.
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Acquisition 23 Jun - Sunteck Realty incorporated ERPL and ELPL on 20 June 2026, subscribing ₹1 lakh each.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.