Sunteck Realty Board Approves FY 2026 Results, Recommends Dividend, Appoints Cost Auditor

Sunteck Realty Board Approves FY 2026 Results, Recommends Dividend, Appoints Cost Auditor​

Sunteck Realty Ltd. announced that its Board of Directors held a meeting on April 21, 2026, approving the Audited Financial Statements (Standalone and Consolidated) for the fiscal year ended March 31, 2026. The Board also recommended a final dividend for the shareholders.

During the meeting, the Board of Directors recommended a final dividend of 150% of Rs. 1.50 per equity share of the Face Value of Re. 1 each for the financial year ended March 31, 2026. This dividend remains subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM).

Furthermore, based on the recommendations of the Audit Committee, M/s. Kejriwal & Associates, Cost Accountants, was appointed as the Cost Auditor of the Company for the Financial Year (FY) 2026-27.

Financial Performance Snapshot (Standalone & Consolidated)​

The company released consolidated and standalone financial results for the quarter and year ended March 31, 2026, alongside the respective audited statements.

Consolidated Financial Highlights (in financial lakhs):


The standalone financial results for the year ended March 31, 2026, showed Total Income of 23,029.30 financial lakhs, and a Profit/loss after tax for the year of (1,966.60) financial lakhs.

Operational and Financial Key Updates​

The company provided detailed notes regarding specific assets and investments.

Key Receivables and Investments:
The audited financial statements noted uncertainties relating to the recoverability of 1,402.73 lakhs as of March 31, 2026, from Kanaka and Associates, a partnership firm. This receivable is under dispute with the other partner, although the Holding Company received an arbitration award in its favor on May 4, 2018, which was subsequently challenged in the Bombay High Court. Management believes these dues are fully recoverable.

Non-current investments as of March 31, 2026, include 1,731.02 lakhs receivable from Piramal Sunteck Realty Private Limited (PSRPL), a joint venture of the Group. This amount pertains to an additional lease premium paid to the City and Industrial Development Corporation (CIDCO) due to project delays, and a writ petition challenging this levy is currently pending before the Bombay High Court.

Subsidiary Activity and Capital Changes:

• Apricum Buildwell Private Limited acquired 100% equity stake of Shreejikrupa Hotels and Properties Private Limited for a purchase consideration of 9,645.88 lakhs on January 19, 2026.
• On January 23, 2026, a warrant holder exercised its right to convert 352,941 warrants, resulting in the allotment of 352,941 equity shares at an issue price of 425 each per share.
• The company also subscribed 10,000 equity shares, worth 1.00 lakh each, in two wholly owned subsidiaries: Satshay Lifespace Private Limited and Taraksh Real Estates Private Limited.
• The Group’s cash flow from financing activities was significantly influenced by proceeds from long-term borrowings (net of processing fees) amounting to 39,196.64 financial lakhs during the year.

Balance Sheet and Cash Flow Summary​

Total Assets:
The consolidated total assets of the Group stood at 9,91,283.55 financial lakhs as of March 31, 2026, compared to 8,32,655.14 financial lakhs in the previous year.

Cash Position:
Cash and cash equivalents saw a decrease, ending at 5,441.52 financial lakhs on March 31, 2026. The net cash generated from operating activities was (43,250.38) financial lakhs, indicating a net cash used in operations for the year.

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Key Financial Data Comparison (in financial lakhs)​

Cash Flow Overview (in financial lakhs)​

SUNTECK Stock Price Movement​

Today, Sunteck Realty Limited shares edged higher, closing at ₹341.10 and rallying 5.02% for the day. The equity showed strong investor interest, recording a total volume of 814,481 shares in post-market trading.