Sunteck Realty Ltd.

NSE: SUNTECK | BSE: 512179 | ISIN: INE805D01034 |Industry: Realty
|Momentum Trap
273.35 0.70 (0.26%)
NSE Oct 19, 2020 15:31 PM
Volume: 310.7K
 

Sunteck Realty Ltd.    
03 May 2019
273.35
0.26%
Arihant Capital
Sunteck Realty Ltd (SRL) reported strong set of numbers. Standalone results were robust, however consolidated results were below our estimate. Consolidated revenue for the quarter grew 30% YoY and 38% QoQ to Rs 2697mn against our estimate of Rs 3620mn. EBITDA for Q4FY19 came at Rs 888mn (estimate Rs 1270mn) a growth of 4% QoQ and degrowth of 17% YoY. EBITDA margin fell to 33% for the quarter against 44% in QoQ and 52% YoY, mainly due to revenue recognition from Naigaon Project which carries lower margin. PAT for the quarter stood at Rs 634mn which was below our estimate of Rs 830mn, a growth of 3% YoY and 29%...
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Sunteck Realty Ltd. has gained 65.47% in the last 3 Months
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