Transcript of Earnings Conference Call on Q1 FY 2027 Results and Business updates

Sunteck Realty Ltd. Date: 28th July, 2026 National Stock Exchange of India Ltd BSE Limited Exchange Plaza, Plot no. C/1, G Block, Phiroze Jeejeebhoy Tower, Bandra-Kurla Complex, Bandra (East), Dalal Street, Mumbai - 400 051 Mumbai - 400 001 Symbol: SUNTECK Scrip Code: 512179 Sub: Transcript of Earnings Conference Call on Q1 FY 2027 Results and Business Updates Dear Sir/Madam, Pursuant to Regulations 30 and 46 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in furtherance to our letter dated 22nd July 2026, please find enclosed the transcript of the Earnings Conference Call on Q1 FY 2027 Results and Business Updates. The said transcript is also uploaded on the website of the Company which can be accessed at the link mentioned below: https://www.sunteckindia.com/images/investor/financial/1785239246_sunteck-earnings-call- transcript-22nd-july-2026.pdf This is for your information and records. Yours sincerely, For Sunteck Realty Limited Rachana Hingarajia Company Secretary (ACS No.: 23202) Encl: a/a 5th 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 “Sunteck Realty Limited Q1 and FY27 Earnings Conference Call” July 22, 2026 MANAGEMENT: MR. KAMAL KHETAN – CHAIRMAN AND MANAGING DIRECTOR – SUNTECK REALTY LIMITED MR. PRASHANT CHAUBEY – CHIEF FINANCIAL OFFICER – SUNTECK REALTY LIMITED Page 1 of 8 Sunteck Realty Limited July 22, 2026 Moderator: Ladies and gentlemen, good day, and welcome to Sunteck Realty Limited Q1 and FY27 Earnings Conference Call. We have with us today Mr. Kamal Khetan, the Chairman and Managing Director of the company, Mr. Prashant Chaubey, the Chief Financial Officer. Please note that this call will be for 30 minutes and for the duration of the conference call, all participant lines will be in the listen-only mode. This conference call is being recorded and the transcript for the same may be put on the company website. After the management discussion, there will be an opportunity for you to ask questions. There will be a Q&A session and we request you to restrict your question to two questions only per participant. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touch-tone phone. Before I hand the conference over to the management, I would like to remind you that certain statements made during the course of this call may not be based on historical information or facts and may be forward-looking statements, including those related to business statements, plans and strategies of the company, its future financial condition and growth prospects. These forward-looking statements are based on expectations and projections and may involve a number of risks and uncertainties and other factors that could cause actual results, opportunities and growth potential to differ materially from those suggested by such statements. I now hand the conference over to Mr. Kamal Khetan from Sunteck Realty Limited. Thank you, and over to you, sir. Kamal Khetan: A very good evening to everyone, and thank you for joining us today for our company's Earnings Conference Call for the first quarter of FY27. I will keep my remarks brief and focused on the key developments of the quarter. We have made a good start to FY27. Presales for the quarter grew 20% year-on-year. Collections grew 17% year-on-year. And with the strong presales of the last few quarters, we expect collections to accelerate further through the year. The segment mix of our presales remains well balanced. Uber luxury contributed 29%, premium luxury contributed 50% and aspirational luxury contributed 21% of the quarter's presales. This mix carries a high embedded EBITDA margin. The embedded EBITDA margin on both our FY26 and Q1 of FY27 presales stands in the range of 35% to 40%, which will flow through to the reported profitability as the project reach revenue recognition. On reported financials, EBITDA grew 40% year-on-year with the EBITDA margin expanding by 9.5% points to 35% and the PAT grew 26% year-on-year with the PAT margin expanding by 4.2% points to 22%. On the cash flow front, our net cash flow surplus grew 79% year-on-year. In spite continuing to invest in business development, our net debt to equity remains negligible at 0.07x and our ratings, AA long-term rating from India Ratings, Fitch Group, remains among the strongest in Indian real estate. Page 2 of 8 Sunteck Realty Limited July 22, 2026 We have consistently maintained that we run the business on cash flow, not accounting revenue. We have been sharing our total GDV numbers in our investor communication. But this year, we have broken down our total GDV into three components: Launched, and To-be Launched, and the third is Upcoming for Launch GDV in order to help investors understand our business better. Launch GDV indicates the projects that have received the relevant approval and it's already launched. To-be launched GDV indicates projects that are under the approval process and the upcoming for launch GDV indicates projects that are in the planning and designing stage. Our existing GDV gives us several years of launch visibility without considering any new acquisitions. At the outset, we would also like to take this opportunity to update you on our Dubai project. As we have shared earlier, we have all the required regulatory approvals in place and the project is launch ready. Only the timing of the launch has been recalibrated due to the ongoing situation. Finally, on sustainability, our GRESB score of 99 out of 100 with a green 5-star rating and our S&P Global DJSI ESG score of 78 out of 100 keeps us rated among the best in global real estate, well ahead of the benchmark average of 68 and 30, respectively. I shall now hand over the call to Prashant Chaubey to take you through the financial performance of Q1 FY27. Over to you, Prashant. Prashant Chaubey: Thank you, sir. Good evening, everyone. I trust you have had the opportunity to go through our latest results and the investor presentation, which are published on our company website and the stock exchanges. I would like to take this opportunity to share a brief update on the financial and operational performance of the first quarter of FY27. The key details of operational and financial highlights are as follows: we sold INR787 crores worth of area in quarter 1 of FY27, which is a 20% growth over quarter 1 of FY26 presales of INR657 crores. The segment mix remained well balanced. Collections for quarter 1 of FY27 stood at INR409 crores, a growth of 17% over INR351 crores in quarter 1 of FY'26. On the profit and loss front, operating revenue stood at INR191 crores for quarter 1 of FY27 as against INR188 crores in the same period last financial year. EBITDA stood strong at INR67 crores in quarter 1 of FY27, 40% growth over quarter 1 of FY26. EBITDA margin stood at 35%. Net profit of INR42 crores, which is 26% growth over quarter 1 FY26, and net profit margin stood at 22%. We generated a net cash flow surplus of INR193 crores during the quarter, a growth of 79% over quarter 1 FY26 after deploying INR170 crores towards business development and land-related capital expenditure. Thank you. With this, we open the floor for questions. Moderator: Thank you. Ladies and gentlemen, we will now begin with the question-and-answer session. First question comes from the line of Harsh Pathak with Motilal Oswal. Page 3 of 8 Sunteck Realty Limited July 22, 2026 Harsh Pathak: Kamal ji, just one question on the Dubai launch. So while you highlighted that the time line remains uncertain, is there a possibility this project will get launched in this financial or in FY28? Kamal Khetan: So Harsh, we are very clear that we are -- all the -- as we shared earlier also, we have required all the required regulator [Showing first 8,000 characters — download PDF for full document]