About Sunteck Realty Limited

Sunteck Realty Limited is a Mumbai-based real estate developer incorporated on October 1, 1981, primarily engaged in real estate construction, development, and incidental services, with equity shares listed on BSE and NSE as of March 31, 2025. The Group operates through multiple subsidiaries and joint ventures, consolidating financials line-by-line for subsidiaries and using the equity method for joint ventures in line with Ind AS, with projects spanning residential and commercial properties and related services. As per the consolidated auditor’s report, nineteen subsidiaries’ statements (some overseas) were audited by other auditors and included in consolidation, and two additional subsidiaries had unaudited but immaterial financial information included; the Group also has joint ventures including an entity in Dubai, evidencing selective international presence focused on project-specific ventures. Key milestones in FY 2024–25 include a consolidated total income of Rs 902.68 crore and net profit of Rs 150.32 crore, approval of the financial statements by the Board on May 2, 2025, and continued listing compliance and governance enhancements reported under SEBI LODR.

Sunteck Realty Limited Business Segments

• The Group’s revenue from operations was Rs 853.13 crore in FY 2024–25, driven by sale of residential/commercial units, project management, and related services under Ind AS 115, recognized at point-in-time or over time using percentage-of-completion where criteria are met.

• Segmental revenue contribution by verticals and domestic vs. international split is not specifically disclosed in percentage terms; hence, this section is skipped per instruction when not disclosed.

• Accounting notes highlight revenue recognition from joint development arrangements where construction service fair value determines recognition over time, reinforcing a development-led business model across premium urban micro-markets.

Sunteck Realty Limited Key Management

• Kamal Khetan — Chairman and Managing Director

• Rachana Hingarajia — Executive Director and Company Secretary

• Vaddarse Prabhakara Shetty — Non-Executive Independent Director

• Chaitanya Dalal — Non-Executive Independent Director; Chairman, Audit Committee

• Mukesh Jain — Non-Executive Independent Director; Chairman, Risk Management Committee and Stakeholders Relationship Committee

• Sandhya Malhotra — Non-Executive Independent Director

• Prashant Chaubey — Chief Financial Officer; Member, Risk Management Committee

Latest Updates on Sunteck Realty Limited

• Governance and compliance: Six Board meetings held in FY 2024–25 with quorum, and committees reconstituted and active across Audit, NRC, Stakeholders Relationship, Risk Management, CSR, Corporate Governance, and Management Committees, indicating strengthened oversight.

• Financial performance: Consolidated revenue from operations increased to Rs 853.13 crore with net profit of Rs 150.32 crore; cash and cash equivalents rose to Rs 164.04 crore with bank overdrafts considered, reflecting improved liquidity.

• Capital and equity: Equity share capital stood at Rs 146.49 crore with ESOP exercises; other equity rose to Rs 3,245.38 crore, and a final dividend for FY 2024–25 was proposed subject to AGM approval, following prior-year compliant dividend payments.

• JV developments: Amicable settlement framework dated March 26, 2024, in the Dubai JV dispute and continued assessment of recoverability for investments/loans to GGICO Sunteck Limited and Piramal Sunteck Realty Private Limited, with disclosures on arbitration and regulatory matters.