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Sunteck Realty Ltd Capital/Financing Update 2022

Jan 10, 2022

62284_rns_2022-01-10_b0fb76b5-2258-45f6-a25f-3520e6c73fdd.pdf

Capital/Financing Update

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Press Release

January 10, 2022

The Listing Dept., BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 Scrip Code: 512179

The Listing Dept. National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex Bandra (E), Mumbai – 400 051 Trading Symbol: SUNTECK

Dear Sir,

Sub: Disclosure pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Regulations”)

We would like you to take note of our key operational updates for Q3 FY22 and 9M FY22 :

  • a) Pre-Sales: We had pre-sales of Rs ~352 crores in Q3 FY22 , up 29% on QoQ basis and Rs ~800 crores in 9M FY22 , up 23% on YoY basis .

  • b) Collections: Collections were Rs ~270 crores in Q3 FY22 , up 30% on QoQ basis and Rs ~649 crores in 9M FY22 , up 41% on YoY basis .

Additionally, collections efficiency for the 9MFY22 stood at 81% , up from 71% in 9MFY21.

  • c) Business Development: In the last 18 months, we have acquired ~23 million sq ft of development potential across five projects at Vasai West, Vasind, Borivali West, Kalyan (Shahad) and Pen-Khopoli , totaling to an estimated Gross Development Value (GDV) of Rs ~20,000 crores.

Performance Summary:

(Rs cr) Q3
FY22
Q2
FY22
QoQ % Q3
FY21
9M
FY22
9M
FY21
YoY %
Pre-sales 352 272 29% 349 800 651 23%
Collections 270 207 30% 252 649 459 41%

Aforesaid nos. are provisional, subject to limited review

In the forthcoming quarters, driven by new acquisitions, the company has a slew of project launches lined-up both in the premium and aspirational residential segments. These launches will lead to continued growth momentum in the pre-sales of the company and thereby, grow our market share.

RACHANA Digitally signed by RACHANA VIPUL VIPUL HINGARAJI HINGARAJIA Date: 2022.01.10 A 07:37:35 +05'30'

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5th Floor, Sunteck Centre, 37-40 Subhash Road, Vile Parle (East), Mumbai - 400 057. Tel: + 91 22 42877800 Fax: + 91 22 428778890 Website: www.sunteckindia.com CIN: L32100MH1981PLC025346

Press Release

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This is for the information of your members and all concerned. You are requested to disseminate the above information on your respective websites.

Thanking you, Yours truly,

For Sunteck Realty Limited

RACHANA Digitally signed by RACHANA VIPUL VIPUL HINGARAJIA HINGARAJIA Date: 2022.01.10 07:37:15 +05'30'

Rachana Hingarajia Company Secretary Membership No A23202

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5th Floor, Sunteck Centre, 37-40 Subhash Road, Vile Parle (East), Mumbai - 400 057. Tel: + 91 22 42877800 Fax: + 91 22 428778890 Website: www.sunteckindia.com CIN: L32100MH1981PLC025346