Sunteck Realty Ltd.
Earnings Update Q3 FY2019
NSE: SUNTECK | BSE: 512179 | Bloomberg:
SRIN: IN | Reuters: SUNT.NS / SUNT.BO
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The audited consolidated financial statements for Fiscals 2017 and 2016 have been prepared in accordance with Ind AS and the same for prior years have been prepared in accordance
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be solely responsible for forming its own view of the potential future performance of the business of the Company. The information contained in this Presentation is as of March 31,
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should not be construed to be or constitute advertisements, solicitations, marketing, offer for sale, invitation to offer or invitation to acquire.The intention of this Presentation is not to
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Sunteck Realty - Executive Summary
Company Profile: Sunteck is a Mumbai focussed premium developer with experienced promoter, focussed
project acquisition strategy, premium brand, strong execution and healthy balance sheet.
Strong Project Portfolio: Sunteck has about 30 mn sqft spread across 25* projects (9 projects completed
worth ~Rs60,000mn) majorly in MMR region having leadership position in CBDs of Mumbai at BKC (5
projects) and ODC, Goregaon (W) (6 projects).
1) MMR / 2) Balance 3) 4) Premium 5) Credible
City-centric sheet strength Acquisition positioning partners
focus & asset light strength & value
model creation
• Focus on high • Low leverage • Research based • Four brands • Ability to create
value Mumbai and cost of acquisitions. catering to strong long term
Metropolitan debt. • Proven ability to products across partnerships
Region (MMR). • JV / JDA / DM predict growth segments. with renowned
• City-Centric model areas ahead of • Delivered partners.
locations preferred. the curve. projects that • PE funds help in
outside • Financial • Acquisitions changed the land acquisition.
Mumbai. discipline. done during profile of the
peak recession. entire locale.
Key Triggers:
To build around 2.6mn sqft of rental portfolio
Strong balance sheet to support future growth
*Includes completed, ongoing, upcoming and future projects 1
Premium positioning through differentiated Brands
Differentiated branding across product segments helps command a premium
positioning across segments
Uber Luxury Residences Ultra Luxury Residences
Premium Luxury Residences Aspirational Luxury Residences
Commercial & Retail
Q3 & 9M FY2019 Key Highlights
Q3 and 9M FY2019 Key Highlights
Pre-sales grow by 199% YoY during 3QFY19 to Rs 3,106 mn
Pre-sales grow by 127% YoY during 9MFY19 to Rs 9,133 mn
Collections grow by 52% YoY during 3QFY19 to Rs 1,529 mn
Collections grow by 21% YoY during 9MFY19 to Rs 4,544 million
Q3 and 9M FY2019 Earnings Update
Robust Operational and Financial Performance
Rs million
% %
Operational Data 3QFY19 3QFY18 change 9MFY19 9MFY18 change
yoy yoy
Pre-sales (new bookings) 3,106 1,040 199% 9,133 4,016 127%
Collections 1,529 1,006 52% 4,544 3,766 21%
Rs million
P&L (consolidated) 3QFY19 3QFY18 9MFY19 9MFY18
Revenue from Operations 1,947 2,015 5,861 6,816
EBITDA 814 891 2,710 2,610
Operating Margin 42% 44% 46% 38%
Net Profit 490 585 1,777 1,624
Net Profit Margin 25% 29% 30% 24%
Consolidated Balance Sheet
Rs million
Liabilities (Rs million) H1 FY19 FY 2018 Assets (Rs million) H1 FY19 FY 2018
Shareholders Funds 27,234 26,303 Trade Receivables 3,223 2,906
Minority Interest 870 775 Inventories 26,464 26,427
Secured Loans 4,996 4,256 Loans & Advances 1,948 1,626
Unsecured Loans 573 1,424 Cash & Bank balances 979 1,144
Others 3,917 3,798 Others 4,975 4,452
Total 37,589 36,556 Total 37,589 36,556
Amongst the strongest balance sheet
Rs million H1 FY19 FY 2018 Difference % change
Secured Debt 4,996 4,256 740 17%
Cash & Bank Balance 979 1,144 -165 -14%
Net Secured Debt 4,017 3,112 905 29%
Unsecured Debt 574 1,424 -850 -60%
Net Debt 4,591 4,536 55 1%
Net Worth 27,234 26,303
Net Debt / Equity 0.17 0.17
• Long Term Credit Rating of AA- from India Ratings (Fitch) and CARE Ratings.
• Incremental debt funding at 9.25% - 9.50%.
• No Corporate Guarantee given.
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Operational Performance – Q3 FY2019
Q3 FY2019 Performance
S.No. Project Name Advances
Sales Area Sold Units Sold
Received
Rs Mn Rs Mn Lac Sq.Ft. Nos.
1 Signature Island, BKC 863 561 0.2 2
2 Signia Isles, BKC 250 99 0.1 1
3 Signia Pearl, BKC - 9 - -
4 Sunteck City, Avenue 1 and 2, ODC 266 518 0.2 15
5 Signia Waterfront, Airoli 210 52 0.2 10
6 Signia High, Borivali 215 52 0.1 4
7 Gilbird Hill, Andheri W - 9 - -
8 Sunteck West World, Phase 1, Naigaon 1,302 229 2.6 381
Total 3,106 1,529 3.2 413
Shareholding Pattern (%)
Category 31-Dec-18
Promoter and Promoter Group 66.96%
Foreign Institutional Investors (FIIs) 24.94%
Domestic / Other Institutional Investors 1.71%
Other Public Shareholders 5.38%
• No Promoter Shares Pledged.
Project updates
Signature Island, BKC
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
Signature Island, BKC
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
Signia Isles, BKC
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
Signia Pearl, BKC
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
Signia Oceans, Airoli
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
Signia Skys, Nagpur
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
Mar’ 15
Signia High, Borivali
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
Artistic Impression
Commercial Projects
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
SUNTECK KANAKA CORPORATE PARK, GOA
Commercial Projects (Cont’d..)
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
SUNTECK CENTRE, VILE PARLE SUNTECK GRANDEUR, ANDHERI
Sunteck City, 1st Avenue
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
Artistic Impression Tower A & B : 36th & 39th Slab in progress Tower C: 32nd Slab In Progress
Sunteck City, 1st Avenue
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
Artistic Impression
Sunteck City, 2nd Avenue
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
Artistic Impression Tower A: 39st Slab In Progress Tower B – 26th Slab In Progress
Sunteck West World, Phase 1
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
Artistic Impression
Sunteck West World, Phase 1
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
Excavation nearing completion for all 7 towers and Plinth completed for Tower 1,3 & 5
Signia Waterfront, Airoli
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
30th Slab in Progress
Artistic Impression Amenities area WIP Actual view from site
Signia Pride, Andheri (E)
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
Artistic Impression Terrace slab in progress
Gilbird Hill, Andheri (W)
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
Artistic Impression 7th Slab in Progress
Sunteck Icon , BKC Junction
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
Artistic Impression Excavation completed, Rock Anchoring Work In Progress
Gateway 51, BKC Junction
COMPLETED PROJECTS UNDER CONSTRUCTION PROJECTS UPCOMING PROJECTS
Shore Piling Work in progress
Artistic Impression
Awards & Accolades
Thank You!
Corporate Office
5th Floor, Sunteck Centre,
37-40 Subhash Road,
Vile Parle (East), Mumbai – 400057
Tel: +91-22-42877800
Email: ir@sunteckindia.com
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