Sunteck Realty (SRIN IN) – Q1FY27 Result Update – In line quarter; pre-sales momentum to continue – BUY
Published on 23 Jul 2026
Sunteck Reality (SRIN) reported healthy pre-sales growth of 20% YoY, along with 17% YoY collection growth in Q1. SRIN’s proven ability to market ultra-luxury projects, aggressive and multi-pronged land acquisition capabilities in various micro markets across Mumbai Metropolitan Region (MMR) is an interesting play on Mumbai’s high value real estate market. We expect the company’s pre-sales to grow to +20% CAGR over FY26-28E, supported by launch acceleration, including the planned Dubai JV project in 2HFY27. Further given likely strong cash flow generation, we see SRIN to step up new project additions which will be a key catalyst for stock performance. Maintain ‘Buy’ rating with TP of Rs520share.
