Sunteck Realty Ltd

Sunteck Realty Ltd

₹ 520 3.99%
22 Nov - close price
About

Sunteck Realty Limited is a Mumbai-based real estate developer focused on developing premium residential and commercial properties across Mumbai Metropolitan Region (MMR).[1]

Key Points

Market Position[1]
Co is one of the largest developers in the Western Suburbs of MMR from Bandra to Virar with ~50 mn sq ft of balance launch pipeline. It expanded to Eastern suburbs with ~12.1 mn sq ft of balanced development. It has delivered 17 (residential+commercial) projects worth ~Rs 9,000 crore (~US$ 1.2 bn) to date.

  • Market Cap 7,614 Cr.
  • Current Price 520
  • High / Low 699 / 380
  • Stock P/E 47.4
  • Book Value 146
  • Dividend Yield 0.29 %
  • ROCE 4.99 %
  • ROE 3.01 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company has been maintaining a healthy dividend payout of 126%

Cons

  • Stock is trading at 3.55 times its book value
  • The company has delivered a poor sales growth of 11.3% over past five years.
  • Company has a low return on equity of 1.46% over last 3 years.
  • Company has high debtors of 221 days.
  • Promoter holding has decreased over last 3 years: -3.91%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
49 69 55 41 23 48 21 56 20 19 430 297 159
36 56 41 28 29 38 37 60 29 26 272 267 112
Operating Profit 13 12 14 13 -6 10 -16 -5 -9 -7 158 29 47
OPM % 27% 18% 25% 31% -25% 21% -78% -8% -44% -37% 37% 10% 30%
4 3 6 2 4 13 9 16 10 15 8 6 7
Interest 11 12 13 13 12 12 13 12 12 15 17 10 9
Depreciation 1 1 1 1 1 1 1 1 1 1 2 2 2
Profit before tax 5 2 6 1 -15 10 -22 -2 -12 -8 147 23 43
Tax % 8% 15% 15% 0% -31% 30% -28% -148% -42% -52% 27% 23% 8%
5 2 5 1 -10 7 -16 1 -7 -4 107 18 39
EPS in Rs 0.32 0.12 0.35 0.04 -0.68 0.48 -1.10 0.05 -0.48 -0.26 7.31 1.23 2.68
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
32 163 93 87 197 176 238 259 314 219 266 407 905
14 19 15 64 41 53 77 172 237 167 222 331 678
Operating Profit 18 144 78 23 156 123 161 87 77 51 44 75 227
OPM % 55% 88% 84% 26% 79% 70% 68% 34% 25% 24% 16% 19% 25%
3 9 8 -19 18 22 70 39 19 12 31 49 35
Interest 10 10 8 6 14 14 35 43 49 46 54 46 51
Depreciation 0 0 1 1 1 1 2 3 3 4 5 4 7
Profit before tax 10 142 77 -2 160 130 195 80 45 14 15 75 205
Tax % 33% 4% 3% -215% 1% 5% 3% -8% 15% 11% 17% 17%
7 137 75 3 158 124 190 87 38 13 13 62 161
EPS in Rs 0.55 10.91 5.93 0.23 12.58 8.45 13.01 5.93 2.58 0.88 0.88 4.24 10.96
Dividend Payout % 16% 5% 2% 440% 12% 18% 12% 25% 58% 170% 171% 35%
Compounded Sales Growth
10 Years: 10%
5 Years: 11%
3 Years: 9%
TTM: 526%
Compounded Profit Growth
10 Years: -8%
5 Years: -20%
3 Years: 13%
TTM: 1143%
Stock Price CAGR
10 Years: 13%
5 Years: 7%
3 Years: 4%
1 Year: 6%
Return on Equity
10 Years: 5%
5 Years: 2%
3 Years: 1%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 13 13 13 13 13 15 15 15 15 15 15 15 15
Reserves 359 495 568 698 844 1,588 1,842 1,904 1,928 1,927 2,006 2,048 2,128
138 52 119 237 221 328 438 589 388 424 419 298 296
52 48 88 98 43 45 171 233 299 467 681 724 597
Total Liabilities 562 608 787 1,045 1,121 1,975 2,465 2,740 2,629 2,833 3,121 3,085 3,036
9 9 8 12 32 32 37 44 41 61 64 277 360
CWIP 0 0 0 0 0 0 0 0 10 1 1 0 0
Investments 181 360 513 728 569 1,144 1,468 1,784 1,723 1,495 1,389 1,295 712
372 240 266 306 519 800 960 913 855 1,276 1,667 1,512 1,964
Total Assets 562 608 787 1,045 1,121 1,975 2,465 2,740 2,629 2,833 3,121 3,085 3,036

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-72 268 24 -40 128 -21 118 -6 161 -12 312 -56
72 -172 -76 -74 -61 -694 -166 -74 110 23 -100 192
2 -98 53 115 -40 700 48 87 -230 12 -214 -150
Net Cash Flow 2 -2 1 0 27 -14 0 7 41 23 -2 -14

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 48 33 64 158 64 115 219 107 112 181 98 221
Inventory Days 1,113
Days Payable 296
Cash Conversion Cycle 48 33 64 158 64 115 219 107 929 181 98 221
Working Capital Days 1,762 266 477 800 816 1,398 872 623 531 1,249 846 521
ROCE % 5% 28% 14% 3% 17% 9% 11% 5% 4% 3% 3% 5%

Shareholding Pattern

Numbers in percentages

3 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
67.13% 67.13% 67.13% 67.12% 67.12% 67.22% 67.22% 67.22% 63.24% 63.24% 63.24% 63.25%
20.13% 20.66% 19.38% 18.94% 18.96% 19.52% 17.47% 16.67% 20.28% 18.34% 18.52% 19.41%
4.82% 4.75% 5.39% 6.26% 6.45% 6.10% 5.97% 6.99% 7.24% 9.10% 9.29% 8.61%
7.91% 7.46% 8.10% 7.66% 7.47% 7.15% 9.32% 9.12% 9.23% 9.30% 8.94% 8.74%
No. of Shareholders 30,67435,01635,22430,00229,66128,86134,92234,84239,38648,10049,04253,054

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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