Sunteck Realty Ltd - Stock Valuation and Financial Performance

BSE: 512179 | NSE: SUNTECK | Construction - Real Estate | Small Cap

Sunteck Realty Share Price

520.90 20.85 4.17%
as on 22-Nov'24 16:59

DeciZen - make an informed investing decision on Sunteck Realty

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Sunteck Realty stock performance -

mw4me loader
P/E Ratio (SA):
62.00
Market Cap:
7,346.4 Cr.
52-wk low:
379.9
52-wk high:
698.4

Is Sunteck Realty Ltd an attractive stock to invest in?

1. Is Sunteck Realty Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Sunteck Realty Ltd is a below average quality company.

2. Is Sunteck Realty Ltd undervalued or overvalued?

The key valuation ratios of Sunteck Realty Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Sunteck Realty Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sunteck Realty Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Sunteck Realty:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Sunteck Realty Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 13.5%2%18.6%10.2%10.9%5.1%3.9%2.6%2.9%5%-
Value Creation
Index
0.0-0.90.3-0.2-0.2-0.6-0.7-0.8-0.8-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9387197176238259314219266407778
Sales YoY Gr.--6.5%126.8%-10.9%35.4%9%21.2%-30.4%21.7%53%-
Adj EPS 61.512.88.212.25.72.90.90.84.28.1
YoY Gr.--74.9%744.4%-35.8%49.1%-53%-49.5%-67.9%-9.7%403.6%-
BVPS (₹) 46.156.467.9109.4126.7130.9132.5132.5137.9140.8146.3
Adj Net
Profit
75.81916112017984.142.513.712.361.9119
Cash Flow from Ops. 24.2-40.4128-20.7118-6.3161-11.9312-56.3-
Debt/CF from Ops. 4.9-5.91.7-15.93.7-92.92.4-35.81.4-5.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 17.8%11.3%9%53%
Adj EPS -3.9%-19.1%13.4%403.6%
BVPS13.2%2.1%2%2.1%
Share Price 13.2% 6.8% 3.8% 5.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
13.92.920.59.710.34.52.20.70.635.6
Op. Profit
Mgn %
84.441.388.675.367.833.524.824.116.418.720.9
Net Profit
Mgn %
81.521.881.468.175.132.413.56.34.615.215.2
Debt to
Equity
0.20.30.30.20.20.30.20.20.20.10.1
Working Cap
Days
1,0581,2657621,3471,3331,2819851,7631,9351,327345
Cash Conv.
Cycle
504661-1,689476322433201557803731185

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.60%

Net Profit is growing at healthy rate in last 3 years 13.41%

Sales growth is good in last 4 quarters at 608.57%

Sales growth has been subdued in last 3 years 9.00%

Latest Financials - Sunteck Realty Ltd.

Standalone Consolidated
TTM EPS (₹) 8.1 10.2
TTM Sales (₹ Cr.) 778 955
BVPS (₹.) 146.3 215.8
Reserves (₹ Cr.) 2,129 3,146
P/BV 3.43 2.32
PE 62.00 49.30
From the Market
52 Week Low / High (₹) 379.90 / 698.35
All Time Low / High (₹) 0.20 / 698.35
Market Cap (₹ Cr.) 7,346
Equity (₹ Cr.) 14.7
Face Value (₹) 1
Industry PE 75.1

Management X-Ray of Sunteck Realty:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Sunteck Realty

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales9387197176238259314219266407
Operating Expenses 1674274377172237167222332
Manufacturing Costs110113121023297129129
Material Costs426-8-54331156-5-394
Employee Cost 567881118204148
Other Costs 632169232930555561
Operating Profit 77131711321618777514475
Operating Profit Margin (%) 82.7%14.9%86.5%75.3%67.8%33.5%24.7%23.6%16.4%18.4%
Other Income 941822703925123149
Interest 8192924354349465446
Depreciation 1111233454
Exceptional Items 000000-6000
Profit Before Tax 77-21601301958045141575
Tax 2-5165-772312
Profit After Tax 7531581241908738131362
PAT Margin (%) 80.3%3.3%80.3%70.3%80.0%33.5%12.0%5.9%4.8%15.3%
Adjusted EPS (₹)5.90.212.68.513.05.92.60.90.94.2
Dividend Payout Ratio (%)8%440%12%18%12%25%58%170%171%35%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 5807108551,6011,8541,9161,9401,9412,0202,062
Share Capital 13131315151515151515
Reserves 5686978421,5871,8401,9011,9251,9262,0062,048
Minority Interest0000000000
Debt119237221278275429376218323261
Long Term Debt0353051125253275152198177
Short Term Debt1192021912271501761016612584
Trade Payables725121248907583118167
Others Liabilities 1008949105314321265621630562
Total Liabilities 8071,0601,1371,9972,4912,7562,6552,8643,0913,053

Fixed Assets

Gross Block10121313163232465765
Accumulated Depreciation2112358111721
Net Fixed Assets8121111132724354044
CWIP 00000010110
Investments 5137065691,1441,4681,7841,7231,4951,3891,295
Inventories176160174218259374281452821650
Trade Receivables16383555143769610971246
Cash Equivalents 2229304055591710751
Others Assets92142318539569441462756662765
Total Assets 8071,0601,1371,9972,4912,7562,6552,8643,0913,053

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 24-40128-21118-6161-12312-56
PBT 77-21601301958045141575
Adjustment 226-3-5-16736413924
Changes in Working Capital -52-61-28-144-55-8789-60260-153
Tax Paid -2-3-1-2-6-7-10-7-2-2
Cash Flow From Investing Activity -76-74-61-694-166-7411023-100192
Capex 0000-4-8-12-6-5-25
Net Investments 07432-93-25-158012364138
Others -76-148-92-601-13692122-94-16080
Cash Flow From Financing Activity 53115-407004887-23012-214-150
Net Proceeds from Shares 001642111110
Net Proceeds from Borrowing 00-522130121-12768-152-80
Interest Paid -12-1-12-28-41-44-50-42-46-43
Dividend Paid -2-2-14-21-22-22-15-15-22-22
Others 67118-1186-2131-3905-5
Net Cash Flow 1027-14074123-2-14
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)13.740.4420.2510.0711.024.611.960.660.653.04
ROCE (%)13.541.9518.5810.2310.885.143.862.562.885.02
Asset Turnover Ratio0.130.090.180.110.110.10.120.080.090.13
PAT to CFO Conversion(x)0.32-13.330.81-0.170.62-0.074.24-0.9224-0.9
Working Capital Days
Receivable Days611136793152154100171123143
Inventory Days611706309407366445380612874660
Payable Days502228-863-964252823192-5,4400551

Sunteck Realty Ltd Stock News

Sunteck Realty Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sunteck Realty on 22-Nov-2024 16:59 is ₹520.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Nov-2024 16:59 the market cap of Sunteck Realty stood at ₹7,346.4.
The latest P/E ratio of Sunteck Realty as of 22-Nov-2024 16:59 is 62.00.
The latest P/B ratio of Sunteck Realty as of 22-Nov-2024 16:59 is 3.43.
The 52-week high of Sunteck Realty is ₹698.4 and the 52-week low is ₹379.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sunteck Realty is ₹777.8 ( Cr.) .

About Sunteck Realty Ltd

Sunteck Realty Limited (SRL) was founded in the year 2000 by Kamal Khetan. Sunteck Realty Limited (SRL) is a Mumbai-based real estate development company, catering to the ultra-luxury and luxury residential segment. SRL is renowned for its strong project execution skills through an in-house project management team and strategic tie-ups / associations with domestic / International contractors, architects, engineers and brand partners.

SRL works with renowned brands like Walt Disney, L&T and Talathy & Panthaky Associated to name a few to provide a unique residential experience to its customers. Listed on BSE and NSE, SRL has respected names like Ajay Piramal Group, Kotak Realty Fund and noted pension funds, FIIs and Private Equity Funds as its shareholders and strategic partners The company is known for its prudent cash flow management and low leveraged balance sheet.

Business area of the company

The company is one of the fastest growing Mumbai-based luxury real estate development companies.

Products

Sunteck Realty has differentiated its projects under five brands -

  • ‘Signature’: Uber luxury residences,
  • ‘Signia’: Ultra luxury residences,
  • ‘Sunteck City’: Premium luxury residences,
  • ‘Sunteck World’: Aspirational luxury residences,
  • ‘Sunteck’: Commercial & Retail developments.

Awards

  • 2015: NDTV Property Awards; Super Luxury Project of the YearSignature Island
  • 2017: Realty Plus Excellence Awards; Innovative Marketing Campaign of the Year Offer of De Century
  • 2017: Realty Plus Excellence Awards; Ultra Luxury Lifestyle Project of the Year Signature Island
  • 2018: Realty Plus Excellence Awards; Developer of the Year - Residential 2018
  • 2019: ET NOW Real Estate Awards; Most Trusted Brand of the Year
  • 2019: ET NOW Real Estate Awards; Luxury Project of the Year Award - Signia High
  • 2019: ET NOW Real Estate Awards; Best Affordable Housing Project of the Year Award - Sunteck WestWorld
  • 2019: Zee Business Real Estate Leadership Award; Zee Business Real Estate Leadership Award for Sunteck WestWorld
  • 2019: Zee Business Real Estate Leadership Award; Zee Business Real Estate Leadership Award for Signia Waterfront

Milestones

  • 2007: the company acquired 26% interest in Samhrutha Habitat Infrastructure Pvt. Ltd and entered into a joint venture with Kanaka and Associates to develop a shopping cum commercial complex at Patto Plaza, Panji North Goa.
  • 2007: The company acquired 50% interest in Satguru Infocorp Services Pvt. Ltd., which is engaged in the business of providing business commercial centers mainly in Bandra Kurla Complex, Mumbai. In November 2007 Ajay Piramal Group company Piramal Enterprises has entered into a joint venture with Sunteck Realty and Infrastructure to develop properties in the country to invest Rs 1,000 crore in the next one year.
  • 2008: Piramal Sunteck Realty Group and Oman’s WJ Towell group have signed an agreement to partner each other in developing high-end and mixed-use properties in and around Muscat.
  • 2008: The company has received Private Equity funding by Kotak Alternate Opportunities (India) Fund. The investment would be through a combination of equity and convertible preference shares, which on conversion will result in a 10 per cent stake in the company, on a fully diluted basis.
  • 2008: It has entered into a development agreement with Pioneer Embroideries Limited (brand Hakoba) for Development of its property, situated at Hakoba Compound, Borivali - (E), Mumbai INDIA.
  • 2010: Sunteck Realty launched premium luxury residential tower Signia High at BorivaliIn
  • 2012: Sunteck Realty tied up with Disney and announced to launch Disney inspired homes in IndiaSunteck Realty to enter retail commercialSunteck Realty launches Sunteck City
  • 2016: KKR invests Rs 150 cr in 2 Sunteck realty projects
  • 2017: Sunteck Realty raises over Rs 650 cr via QIP, capital infusion
  • 2018: Sunteck Realty Naigaon Project launch heralds new phase of growth.
  • 2019: Sunteck Realty, Transcon ink development pact for 7-acre plot in Mumbai's Andheri
  • 2019: Sunteck Realty acquired a prime project located near Lokhandwala, Andheri (West), Mumbai from Transcon Developers through a joint development agreement
  • 2020: Sunteck Realty acquires approx 50 acres in the posh location of Vasai (West)”
  • 2020: Sunteck Realty acquires approx 50 acres in the emerging micro-market of Vasind (District Thane)
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