REAL ESTATE

Sunteck Realty: key operational updates for Q4 FY22 and full‐year FY22

by Suman Gupta

Pre‐Sales:  Sunteck Realty had pre‐sales of ~Rs 503 crores in Q4 FY22, up 43% on QoQ basis and up 36% on YoY basis. On a full‐year basis, the company had pre‐sales of ~ Rs 1,303 crores in FY22, up 27% YoY, one of the best annual sales.

Collections: Collections were ~ Rs 404 crores in Q4 FY22, up 50% on QoQ basis and up 26% on YoY basis. On a full‐year basis, the company had collections of ~ Rs 1,053 crores in FY22, up 35% YoY. Both on quarterly as well as annual basis, this is the best collections. Additionally, collections efficiency for FY22 stood at 81%, up from 76% in FY21.

Performance Summary

~Rs cr

Q4 FY22

Q3 FY22

QoQ %

Q4 FY21

YoY %

FY22

FY21

YoY %

Pre‐sales

503

352

43%

371

26%

1,303

1,022

27%

Collections

404

270

50%

321

26%

1,053

780

35%

Aforesaid nos. are provisional

The new project launches lined‐up in the forthcoming quarters, shall lead to continued growth momentum in the pre‐sales and cash flows of the company and thereby grow the market share.

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