Sunteck Realty Ltd — Earnings Release 2024

May 30, 2024

Sunteck Realty Ltd.

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Date: 30[th] May, 2024

SRL/SE/17/24-25

The Manager, Listing Department National Stock Exchange of India Ltd Exchange Plaza, Plot no. C/I, G Block, Bandra-Kurla Complex Bandra (East), Murnbai- 400 051 Scrip Code: SUNTECK

The Secretary, Listing Department, Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai - 400001 Scrip Code: 512179

Sub: Press Release on Financial Results for the quarter and year ended March 31, 2024

Dear Sir/ Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, please find enclosed Press Release on Financial Results for the quarter and year ended March 31, 2024.

Kindly take the same on record.

Thanking You .

Yours sincerely,

For Sunteck Realty Limited

RACHANA Digitally signed by RACHANA VIPUL VIPUL HINGARAJIA HINGARAJIA Date: 2024.05.30 22:14:16 +05'30' Rachana Hingarajia Company Secretary Encl: a/a

5[th] Floor, Sunteck Centre, 37-40 Subhash Road, Vile Parle (East), Mumbai 400057. Tel: +91 22 4287 7800 Fax: +91 22 4287 7890 Website: www.sunteckindia.com CIN: L32100MH1981PLC025346 Email Id: cosec@sunteckindia.com

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Press Release

Sunteck Realty Limited announces Q4 & Full Year FY24 results

Mumbai, May 30, 2024: Sunteck Realty Limited, Mumbai’s premium real estate developer, announced its results today for the fourth quarter and full year of FY24.

KEY HIGHLIGHTS for FY24

• Highest ever pre-sales in a financial year of Rs.1,915 cr

• Net Debt to Equity Ratio stands at “Zero” & Long-term Credit Rating upgraded from AA- to AA by India Ratings (Fitch)

• Revenue from Operations grew by 56% YoY to Rs 565 cr

• Core EBITDA grew by 63% YoY to Rs 266 cr in FY24 with a 47% margin

• PAT grew by 4934% YoY to Rs 71 cr

• 2 commercial assets “Sunteck Icon” and “Sunteck BKC 51” at BKC Junction leased for a tenure of 29 years

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----- Start of picture text ----- Rs CroresOperational Trend Q4 FY24 Q4 FY23 Q3 FY24 FY24 FY23 Pre-Sales 678 537 455 1,915 1,602 Collections 296 330 438 1,236 1,250Rs CroresP&L Statement Q4 FY24 Q4 FY23 Q3 FY24 FY24 FY23 Revenue 427 49 42 565 362 Core EBITDA 199 21 18 266 163 EBITDA 153 -9 -15 117 64 PAT 101 -28 -10 71 1----- End of picture text -----

*EBITDA is adjusted for Indirect Costs to arrive at Core EBITDA (Project-Level EBITDA)

KEY HIGHLIGHTS for Q4 FY24

• Pre-sales grew by 26% YoY to Rs 678 cr

• Revenue from Operations grew by 774% YoY to Rs 427 cr

• Core EBITDA grew by 845% YoY to Rs 199 cr

• PAT stood at Rs 101 cr

• Core EBITDA Margin stood at 46%

• Net Profit Margin stood at 24%

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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

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About Sunteck Realty

‐ Sunteck Realty Limited (SRL) is one of India's leading Luxury real estate developers. SRL has an immaculate track record of having one of the lowest net Debt/Equity ratios, financial prudence, and ‐ sustainable growth. The company focuses on a city centric development portfolio of about 52.5 million square feet spread across 32 projects. Sunteck Realty has differentiated its projects under six brands ‐ ‘Signature’: Uber luxury residences, ‘Signia’: Ultra luxury residences, ‘Sunteck City’ & 'Sunteck Park': Premium luxury residences, 'Sunteck Beach Residences': Marquee Luxury Destination, ‘Sunteck World’: Aspirational luxury residences, ‘Sunteck’: Commercial & Retail developments. The company has been a trendsetter in creating iconic destinations such as the flagship project, Signature Island at Bandra Kurla Complex (BKC), Sunteck City in Oshiwara District Centre (ODC), Goregaon and ‐ SunteckWorld at Naigaon the largest township of MMR’s Western Suburbs.

Disclaimer

Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, technological risks, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward looking statements. Sunteck Realty Limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

For further details, please contact:

Investor RelationsPrashant Chaubey: +91 22 4287 7800Sunteck Realty LimitedEmail: ir@sunteckindia.com	Corporate CommunicationsMukti Saxena : +91 22 4287 7856Sunteck Realty LimitedEmail: corporaterelations@sunteckindia.com

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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