Buy Sunteck Realty; target of Rs 540: Motilal Oswal

Motilal Oswal is bullish on Sunteck Realty recommended buy rating on the stock with a target price of Rs 540 in its research report dated May 05, 2025.

Broker Research

May 06, 2025 / 14:39 IST

buy

26 Aug, 2025 12:21

Volume

Todays L/H

Motilal Oswal's research report on Sunteck Realty

Sunteck Realty (SRIN) reported presales of INR8.7b in 4QFY25, up 28% YoY (41% above estimates). Traction in uber-luxury projects increased 36% QoQ, with bookings of INR5.7b, or 66% of total presales. The upper-middleincome segment accounted for 27% of presales (+8% QoQ). During FY25, the company achieved presales of INR25.3b (up 32% YoY), fueled by the strong traction in uber-luxury and upper mid-income projects. SRIN surpassed its total presales guidance for FY25 (INR25b). Collections grew 5% YoY to INR3.1b in 4QFY25. FY25 collections stood at INR12.6b (+2% YoY). Collection efficiency stood at 50%. The company remains debt-free and reported a net cash surplus of INR1.3b as of 4QFY25 end. It intends to utilize the surplus cash to further strengthen its project pipeline.

Outlook

We reiterate our BUY rating on the stock with a revised TP of INR540 (vs. earlier TP of INR746), implying a 35% upside potential.

For all recommendations report, click here