Sunteck key operational updates for Q3 FY22 and 9M FY22

a)    Pre-Sales: We had pre-sales of Rs ~352 crores in Q3 FY22, up 29% on QoQ basis and Rs ~800 crores in 9M FY22, up 23% on YoY basis.

b)    Collections: Collections were Rs ~270 crores in Q3 FY22, up 30% on QoQ basis and Rs ~649 crores in 9M FY22, up 41% on YoY basis.

Additionally, collections efficiency for the 9MFY22 stood at 81%, up from 71% in 9MFY21.

c)     Business Development: In the last 18 months, we have acquired ~23 million sq ft of development potential across five projects at Vasai West, Vasind, Borivali West, Kalyan (Shahad) and Pen-Khopoli, totaling to an estimated Gross Development Value (GDV) of Rs ~20,000 crores.

Performance Summary:

Aforesaid nos. are provisional, subject to limited review

In the forthcoming quarters, driven by new acquisitions, the company has a slew of project launches lined-up both in the premium and aspirational residential segments. These launches will lead to continued growth momentum in the pre-sales of the company and thereby, grow our market share.