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Earnings Call

Keystone Realtors Earnings Call: Key Takeaways

Keystone Realtors delivered record FY26 pre-sales of ₹40.22 Bn, meeting all operational guidance. Strategy focuses on high-margin Mumbai redevelopment and asset-light growth.

Why this was an Alfa AlertNot a filter event. Performance was in line with guided targets (achieved ₹40.22 Bn vs ₹40 Bn guidance).
Highlights
Revenue growthFY26 Revenue ₹26.35 Bn.
MarginsEBITDA at ₹2.04 Bn for FY26.
Order bookGDV added in FY26: ₹104.2 Bn.
Demand visibilityStrong; 36% CAGR in pre-sales over 3 years.
Management confidenceHigh; guidance met across all parameters.

Growth

Pre-sales grew 33% YoY to ₹40.22 Bn; Q4 pre-sales surged 58% YoY to ₹13.46 Bn.

Outlook

FY27 guidance: Pre-sales ₹50 Bn, Launches ₹80 Bn. Vision 2030 targets ₹100 Bn pre-sales.

Risks

Concentration in MMR market; dependence on redevelopment execution timelines and regulatory approvals.

Source

Earnings Call filed with BSE, NSE: RUSTOMJEE. Summary written with AI assistance from the document.

Read the document ↗

Keystone Realtors Ltd: key numbers

Share price
₹366.50
Market cap
₹4,627 Cr
Revenue (annual)
₹2,635 Cr
Net profit (annual)
₹78.86 Cr
P/E (TTM)
39.4×Sector 35.8×
Promoter holding
74.59%+0.00% QoQ
FII holding
2.35%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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19:05 IST BSE
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Keystone Realtors re-appointed six directors, including the Chairperson and MD, for a five-year term. It also disclosed one director's retirement by rotation.

21:10 IST BSE
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Keystone Realtors Other Announcement

Keystone Realtors Ltd has appointed M/s. Walker Chandiok & Co. LLP as its new Statutory Auditors for a five-year term, following the 31st AGM.

Execution
5 years
20:51 IST BSE
Annual General Meeting

Keystone Realtors Annual General Meeting

Keystone Realtors Ltd held its 31st Annual General Meeting on September 18, 2026, to transact standard business resolutions. All agenda items were duly processed.

17:06 IST BSE
Merger & Restructuring

Keystone Realtors Merger & Restructuring Worth ₹0.01 Cr

Keystone Realtors Limited has jointly incorporated a new Limited Liability Partnership, One Landmark House LLP, with a 50% profit sharing ratio.

Value
₹0.01 Cr
17:03 IST BSE
Merger & Restructuring

Keystone Realtors Merger & Restructuring

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