---
title: "Sunstar Realty Development Ltd (340618) — Share Price, Financials & Analysis"
symbol: "340618"
company: "Sunstar Realty Development Ltd"
canonical: "https://tapetide.com/stocks/340618"
sector: "Consumer Discretionary"
industry: "Realty"
generated_at: "2026-09-13T19:38:23.112Z"
---

# Sunstar Realty Development Ltd (340618)

Canonical page: https://tapetide.com/stocks/340618

## Company

- **Sector:** Consumer Discretionary
- **Industry:** Realty
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** sunstarrealtors.com

## About

Sunstar Realty Development is engaged in the business of Real Estate Activities on a Fee or Contract basis.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 0.10 times its book value

### Weaknesses

- Company has a low return on equity of -0.64% over last 3 years.

## Growth Rates

| Metric | 1Y | 5Y |
| --- | --- | --- |
| net income growth | 72% | -38% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 10.12 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.05 | 0.03 | 0.02 | 0.06 | 0.01 | 0.01 | 10.08 | 0.03 | 0.02 | 0.01 | 0.19 | 0.04 |
| Operating Profit | -0.05 | -0.03 | -0.02 | -0.06 | -0.01 | -0.01 | 0.04 | -0.03 | -0.02 | -0.01 | -0.19 | -0.04 |
| OPM % | — | — | — | — | — | — | 0.4 | — | — | — | — | — |
| Other Income | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0 | 0.02 | 0.02 | 0.3 | 0.28 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.03 | -0.01 | 0 | -0.04 | 0.01 | 0.01 | 0.06 | -0.03 | 0 | 0.01 | 0.11 | 0.24 |
| Tax % | 0 | 0 | — | 0 | 0 | 0 | 16.67 | 0 | — | 0 | 18.18 | 0 |
| Net Profit | -0.03 | -0.01 | 0 | -0.04 | 0.01 | 0.01 | 0.05 | -0.03 | -0.01 | 0.01 | 0.09 | 0.24 |
| EPS in Rs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 18.28 | 7.36 | 3.07 | 0 | 0 | 10.12 | 0 | 0 | 0 | 0 |
| Expenses | 17.51 | 7.31 | 4.11 | 1.72 | 0.18 | 10.16 | 0.27 | 1 | 2.83 | 4.97 |
| Operating Profit | 0.77 | 0.05 | -1.04 | -1.72 | -0.18 | -0.04 | -0.27 | -1 | -2.83 | -4.97 |
| OPM % | 4.21 | 0.68 | -33.88 | — | — | -0.4 | — | — | — | — |
| Other Income | 0.22 | 0.12 | 1.23 | 1.88 | 0.07 | 0.07 | 0.33 | 1.2 | 1.8 | 5.07 |
| Interest | 0.05 | 0 | 0.05 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.02 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.93 | 0.15 | 0.13 | 0.14 | -0.11 | 0.03 | 0.06 | 0.2 | -1.03 | 0.1 |
| Tax % | 31.18 | 33.33 | 30.77 | 28.57 | 0 | 33.33 | 33.33 | 45 | -26.21 | 310 |
| Net Profit | 0.64 | 0.11 | 0.09 | 0.11 | -0.11 | 0.02 | 0.04 | 0.12 | -0.76 | -0.21 |
| EPS in Rs | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | -0.03 | -0.01 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 23.62 | 23.62 | 23.62 | 23.62 | 23.62 | 23.62 | 23.62 | 23.62 | 23.62 | 23.62 |
| Reserves | 21.04 | 21.14 | 21.23 | 21.34 | 21.23 | 21.25 | 21.3 | 21.41 | 20.65 | 20.44 |
| Borrowings | 1.96 | 1.96 | 3.96 | 4.86 | 3.96 | 3.96 | 3.96 | 27.01 | 12.91 | 5.71 |
| Other Liabilities | 1.9 | 4.1 | 4.69 | 4.84 | 4.86 | 13.75 | 13.88 | 13.83 | 2.84 | 0.27 |
| Total Liabilities | 48.52 | 50.82 | 53.5 | 54.66 | 53.67 | 62.58 | 62.76 | 85.87 | 60.02 | 50.04 |
| Fixed Assets | 0.04 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0.2 | 1.51 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 48.48 | 50.79 | 53.28 | 53.14 | 53.66 | 62.57 | 62.76 | 85.87 | 60.02 | 50.04 |
| Total Assets | 48.52 | 50.82 | 53.5 | 54.66 | 53.67 | 62.58 | 62.76 | 85.87 | 60.02 | 50.04 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.03 | 0.89 | -0.61 | 1 | -1.62 | 0.02 | 0.13 | -23.19 | 15.41 | 6.96 |
| Cash from Investing Activity | -0.04 | -0.01 | -0.2 | -1.31 | 1.51 | 0 | 0 | 0 | -1.06 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23.05 | -14.1 | -7.19 |
| Net Cash Flow | -0.01 | 0.89 | -0.81 | -0.31 | -0.11 | 0.02 | 0.13 | -0.14 | 0.25 | -0.24 |
| Free Cash Flow | -0.01 | 0.88 | -0.61 | 1 | -1.62 | 0.02 | 0.13 | -23.19 | 15.41 | 6.96 |
| CFO/OP | 4 | 2520 | 30 | -63 | 900 | -75 | -56 | 2310 | -545 | -140 |

### Ratios

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 14.18 | 79.84 | 15.46 | — | — | 547.14 | — | — | — | — |
| Inventory Days | — | — | — | — | — | 74.45 | — | — | — | — |
| Days Payable | — | — | — | — | — | 493.57 | — | — | — | — |
| Cash Conversion Cycle | 14.18 | 79.84 | 15.46 | — | — | 128.02 | — | — | — | — |
| Working Capital Days | 67.29 | 97.7 | 5.94 | — | — | 353.1 | — | — | — | — |
| ROCE % | 2.11 | 0.32 | 0.38 | 0.3 | -0.22 | 0.06 | 0.12 | 0.33 | -1.59 | 0.19 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | Mar 2022 | Jun 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 18.77% | 18.77% | 18.77% | 18.77% | 18.77% | 18.77% | 18.77% |
| FIIs | 0.15% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.13% | 0.26% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% |
| Public | 80.94% | 80.96% | 81.08% | 81.08% | 81.08% | 81.08% | 81.08% |
| No. of Shareholders | 533 | 10430 | 11718 | 12116 | 12190 | 12116 | 12116 |

### Quarterly

| Category | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2021 | Mar 2022 | Jun 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 18.77% | 18.77% | 18.77% | 18.77% | 18.77% | 18.77% | 18.77% | 18.77% | 18.77% | 18.77% | 18.77% | 18.77% |
| DIIs | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% |
| Public | 81.08% | 81.08% | 81.08% | 81.08% | 81.08% | 81.08% | 81.08% | 81.08% | 81.08% | 81.08% | 81.08% | 81.08% |
| No. of Shareholders | 10965 | 10944 | 11718 | 11877 | 12031 | 12112 | 12116 | 12144 | 12190 | 12116 | 12116 | 12116 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Neutral
- **Buy / Neutral / Sell:** 8 / 3 / 8

### Moving Averages — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 133.57 | Buy |
| EMA (10) | 139.35 | Buy |
| SMA (20) | 134.42 | Buy |
| EMA (20) | 139.4 | Buy |
| SMA (50) | 157.3 | Sell |
| EMA (50) | 152.44 | Buy |
| SMA (100) | 175.72 | Sell |
| EMA (100) | 166.2 | Sell |
| SMA (200) | 184.4 | Sell |
| EMA (200) | 173.98 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 57.77 | Neutral |
| MACD (12,26,9) | -3.26 | Buy |
| Stochastic (14,3,3) | 94.67 | Sell |
| ADX (14) | 27.22 | Buy |
| Williams %R (14) | -6.18 | Sell |
| ATR (14) | 6.33 | High Volatility |
| ROC (12) | 17.42 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 62.43 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport//5351410319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport//5351410318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport//5351410317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport//5351410316.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport//5351410313.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:38:23.112Z.