This High Dividend Paying Realty Company Posted Strong Q3 FY25 Results Registering 500 per cent EPS Growth; Stock Price Jumped by 10 per cent to Intraday High!
The company has been maintaining a healthy dividend payout of 537 per cent.
Shares of Sunteck Realty Ltd jumped over 10 per cent on Tuesday to Rs 545 per share. The company has declared its strong Q3 FY25 quarterly financial results.
In the Quarterly Results of December 2024, the company reported significant year-over-year growth across key parameters. Sales increased by 281 per cent to Rs 162 crore compared to Rs 42.4 crore in December 2023. The EBIDT showed a substantial rise of 426 per cent, reaching Rs 48.3 crore from a loss of Rs 14.8 crore in the same quarter of the previous year. Net profit improved remarkably by 537 per cent, standing at Rs 42.5 crore, compared to a loss of Rs 9.73 crore in December 2023.
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Earnings per share (EPS) grew by 539 per cent, moving from a negative Rs 0.66 in December 2023 to Rs 2.90 in December 2024. Sequentially, compared to September 2024, sales decreased slightly from Rs 169 crore, and EBIDT rose to Rs 48.3 crore from Rs 37.3 crore. Net profit also improved from Rs 34.6 crore in September 2024.
Sunteck Realty Ltd is a Mumbai-based real estate developer focused on developing premium residential and commercial properties across Mumbai Metropolitan Region (MMR).
Sunteck Realty Ltd currently has a market capitalisation of Rs 7,839 crore, with its stock priced at Rs 535. The stock has a 52-week high and low of Rs 699 and Rs 380, respectively. It trades at a price-to-earnings (P/E) ratio of 35.9, whereas the industry price-to-earnings (P/E) ratio is 33.4x, indicating stock trading at a discount, with a book value of Rs 216. The company's stock price has given 18.45 per cent multibagger returns in last one week. Company has been maintaining a healthy dividend payout of 537 per cent.
Investors should keep a close eye on this Small-Cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.