Sunteck Realty declares Q4FY22 result:
- In Q4 FY22, Revenue from operations stood at Rs 156 cr (Rs 1,559 mn) and Rs 513 cr (Rs 5,131 mn) for FY22
- EBITDA for the quarter stood at Rs 3 cr (Rs 32 mn) and Rs 95 cr (Rs 953 mn) for FY22
- EBITDA margin stood at 19% for FY22
- One of the largest developers in the Western Suburbs of MMR from Bandra to Virar.
- Delivered projects worth > US$ 1 bn (~Rs 8,000 cr) GDV till date.
- Presently have ~50 mn sq ft development portfolio across 19 projects.
- Monetization of upcoming project portfolio to generate ~US$ 3.8 bn (~Rs 28,600 cr) of est. GDV in coming 7-8 years.
- Financial discipline & steadily growing cash flows has enabled to maintain a strong balance sheet over the years.
- Both equity and debt utilized judiciously.