Sunteck Realty had pre?sales of ~Rs 503 crores in Q4 FY22, up 43% on QoQ basis and up 36% on YoY basis. On a full?year basis, the company had pre?sales of ~ Rs 1,303 crores in FY22, up 27% YoY, one of the best annual sales.
Collections were ~ Rs 404 crores in Q4 FY22, up 50% on QoQ basis and up 26% on YoY basis. On a full?year basis, the company had collections of ~ Rs 1,053 crores in FY22, up 35% YoY. Both on quarterly as well as annual basis, this is the best collections. Additionally, collections efficiency for FY22 stood at 81%, up from 76% in FY21.
The new project launches lined?up in the forthcoming quarters, shall lead to continued growth momentum in the pre?sales and cash flows of the company and thereby grow the market share.