KEYSTONE REALTORS LIMITED·REAL ESTATE 46.20·Realty Companies

2026-08-21 NSE BSE Web 20%

Price

371.45

+0.13%
O:371
H:373.85
L:365.65
C:371.45

52W Range

358.8668
+4%/-44%

Market Cap

₹4,689.20 Cr

Traded: ₹0.74 Cr (0.02%) 0.0x

Free Float: ₹313.71 Cr (0.24% of FF traded)

Volume · 60D trend

20 K 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-7% 3M:-4% 6M:-8% 12M:-31%

Valuation

P/E39.9
P/B1.6
P/S1.7
EV/EBIT70.7

Business Strength

ROE7.5%
ROCE9.3%
OPM4.6%
NPM3.6%

Growth (3Y CAGR)

EPS-54.2%
Sales+57.0%
Profit-1.0%
3Y Return-10.0%

Balance Sheet

Debt/Equity0.5
Debt1,463 Cr
Pledge0.0%
CWIP/Fixed Asset0.0%

Cash Position

CFO/NP-535.8%
FCF-517 Cr
FCF 3Y Avg-369 Cr
Cash/MCap17.0%

Others

Div Yield0.2%
Div Payout0.0%
Cash Conv. Cycle506 days
Tradeable Free Float6.7%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 17.95 Cr
5.72% FF
60d high
₹ 17.95 Cr
60d low
₹ 6.24 Cr
60d mean
₹ 10.30 Cr
vs mean
▲ 74.38%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Return
--
--
-10.0%
-33.0%
--
Decelerating
Profit
--
-24.0%
-1.0%
--
-27.0%
Stable
Sales
--
+25.0%
+57.0%
--
+53.0%
Stable
ROE
--
+6.0%
+5.0%
--
--
Decelerating

Quarterly Results

Jun 2026

4 Aug
Rev
470 Cr
+72% YoY-71% QoQ
OPM17.0%
NPM11.1%
PAT
--52 Cr
EPS
+266% YoY4.2

Mar 2026

12 May
Rev
1.6K Cr
+173% YoY+500% QoQ
OPM5.0%
NPM4.0%
PAT
-19% YoY64 Cr
EPS
-19% YoY4.2

Dec 2025

4 Feb
Rev
266 Cr
-43% YoY-47% QoQ
OPM3.7%
NPM1.9%
PAT
-78% YoY5 Cr
EPS
-78% YoY0.3

Sep 2025

PDF
Rev
499 Cr
-6% YoY+83% QoQ
OPM3.0%
NPM2.0%
PAT
-87% YoY10 Cr
EPS
-87% YoY0.7

Jun 2025

PDF
Rev
273 Cr
-35% YoY-53% QoQ
OPM4.3%
NPM5.9%
PAT
-44% YoY16 Cr
EPS
-44% YoY1.1

Mar 2025

PDF
Rev
585 Cr
-28% YoY+26% QoQ
OPM8.0%
NPM11.4%
PAT
+111% YoY67 Cr
EPS
+91% YoY5.1

Dec 2024

PDF
Rev
464 Cr
-11% YoY-13% QoQ
OPM8.0%
NPM6.5%
PAT
-50% YoY30 Cr
EPS
-55% YoY1.2

Sep 2024

PDF
Rev
533 Cr
-14% YoY+26% QoQ
OPM15.0%
NPM12.4%
PAT
+1427% YoY66 Cr
EPS
+1284% YoY5.3

Jun 2024

PDF
Rev
422 Cr
+55% YoY-48% QoQ
OPM10.0%
NPM6.2%
PAT
-45% YoY26 Cr
EPS
-50% YoY2.0

Mar 2024

PDF
Rev
812 Cr
+136% YoY+56% QoQ
OPM6.0%
NPM3.7%
PAT
-60% YoY30 Cr
EPS
-60% YoY2.7

Dec 2023

PDF
Rev
521 Cr
+312% YoY-16% QoQ
OPM1.6%
NPM5.8%
PAT
+467% YoY30 Cr
EPS
+464% YoY2.6

Sep 2023

PDF
Rev
618 Cr
+1238% YoY+127% QoQ
OPM-2.3%
NPM0.7%
PAT
+188% YoY4 Cr
EPS
+179% YoY0.4

Jun 2023

PDF
Rev
272 Cr
---21% QoQ
OPM23.0%
NPM17.3%
PAT
+845% YoY47 Cr
EPS
--4.1

Mar 2023

Rev
344 Cr
--+172% QoQ
OPM28.0%
NPM21.5%
PAT
+82% YoY74 Cr
EPS
--6.7

Dec 2022

Rev
127 Cr
--+174% QoQ
OPM5.8%
NPM4.6%
PAT
-94% YoY6 Cr
EPS
--0.5

Sep 2022

Rev
46 Cr
----
OPM-17.7%
NPM-9.9%
PAT
---5 Cr
EPS
---0.5

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.52
Interest Coverage-3.7x
Promoter Pledge0.0%
Borrowings1.5K Cr

Efficiency

Receivable Days47 days
Inventory Days642 days
Payable Days183 days
Cash Conversion cycle506 days

Cash Position

Operating Cash Flow-509 Cr
Investing Cash Flow-79 Cr
Financing Cash Flow418 Cr
Free Cash Flow-517 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023
Dec 2022
Sep 2022
Sales4701,59626649927358546453342281252161827234412746
Expenses3881,51425648426153742745538176251263220924711954
Operating Profit828110151248387841509-1463977-8
OPM %17.0%5.0%3.7%3.0%4.3%8.0%8.0%15.0%10.0%6.0%1.6%-2.3%23.0%28.0%5.8%-17.7%
Other Income2425282216572223151534251122910
Interest31332316713121017207772265
Depreciation5644463323221211
Profit Before Tax7067101716874588374234267959-4
Tax %26.0%5.0%52.0%41.0%-3.0%23.0%33.0%26.0%31.0%28.0%11.0%-108.0%30.0%22.0%38.5%5.5%
Net Profit526451016673066263030447746-5
Exceptional Items--------------------------------
EPS (Rs)4.24.20.30.71.15.11.25.32.02.72.60.44.16.70.5-0.5
Sales Growth (YoY)72.2%172.8%-42.7%-6.4%-35.3%-28.0%-10.9%-13.8%55.1%136.1%311.8%1237.7%--------
Sales Growth (QoQ)-70.5%500.0%-46.7%82.8%-53.3%26.1%-12.9%26.3%-48.0%55.9%-15.7%127.2%-20.9%171.9%173.8%--
OP Growth (YoY)583.3%68.8%-73.7%-80.8%-70.7%-4.0%322.2%657.1%-34.9%-48.5%22.6%-71.6%--------
OP Growth (QoQ)1.2%710.0%-33.3%25.0%-75.0%26.3%-51.3%90.2%-18.0%455.6%164.3%-122.2%-35.1%1221.5%190.0%--
Profit Growth (YoY)---19.0%-78.0%-87.0%-44.0%111.0%-50.0%1427.0%-45.0%-60.0%467.0%188.0%845.0%82.0%-94.0%--
EPS Growth (YoY)266.1%-19.3%-77.5%-87.1%-43.9%91.1%-54.7%1284.2%-50.2%-60.0%463.8%179.2%--------
EPS Growth (QoQ)1.4%1437.0%-60.3%-40.9%-77.6%328.3%-77.2%156.6%-23.8%1.5%597.4%-90.8%-38.8%1331.9%197.9%--
OP Margin17.4%5.1%3.8%3.0%4.4%8.2%8.2%14.6%9.7%6.2%1.7%-2.3%23.2%28.2%5.8%-17.7%
Net Margin11.1%4.0%1.9%2.0%5.9%11.4%6.5%12.4%6.2%3.7%5.8%0.7%17.3%21.5%4.6%-9.9%
Material Cost %--86.0%62.0%77.0%61.0%76.0%72.0%66.0%74.0%82.0%87.0%94.0%61.0%56.0%70.0%50.0%
Employee Cost %--3.0%14.0%8.0%15.0%6.0%7.0%6.0%7.0%4.0%5.0%4.0%6.0%3.0%9.0%27.0%
P/S1.661.903.312.89------------------------
P/E39.9063.4958.8151.01------------------------
P/B1.641.751.921.88------------------------

Shareholding Pattern

Shareholders:19.8K (-23.9%)
Current MixJun 2026

Exchange Filings

50
Board Meeting21 Aug 2026

Keystone Realtors Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/08/2026 ,inter alia, to consider and approve Intimation of Board Meeting ....

Company Update13 Aug 2026

Allotment of ESOP

Company Update10 Aug 2026

Intimation of Investor Meet on 13.08.2026

Company Update07 Aug 2026

Earning Call Transcript for Q1FY2027

Result04 Aug 2026

Unaudited Financial results (Consolidated and Standalone) of the Company for the quarter ended on June 30, 2026

Board Meeting04 Aug 2026

The Board of Directors of the Company, at its meeting held today i.e. August 4, 2026, has inter alia approved the Unaudited Financial Results (Consolidated and Standalone) of the Company ....

Company Update22 Jul 2026

Withdrawal of credit rating by India Ratings and Research Pvt Ltd

Company Update22 Jul 2026

Withdrawal of earlier affirmed Credit Rating i.e. "INDA+/Positive" by India Ratings and Research Pvt. Ltd.

Company Update22 Jul 2026

Withdrawal of earlier affirmed Credit Rating ''INDA+/Positive'' issued by India Ratings and Research Pvt Ltd for bank loan

Company Update16 Jul 2026

Investor/ Analyst conference call / Earnings Call is scheduled to be held on Tuesday, August 4, 2026 at 3:30 p.m. (IST) for discussion of unaudited Financial Results (Standalone and Consolidated) ....

Board Meeting16 Jul 2026

Keystone Realtors Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/08/2026 ,inter alia, to consider and approve Meeting of the Board of Directors ....

Company Update14 Jul 2026

Credit Rating by Crisil Ratings Limited

Company Update10 Jul 2026

Key Operational Updates for Q1FY27

Company Update06 Jul 2026

Compliance with Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended on June 30, 2026

Company Update30 Jun 2026

Credit Rating Upgraded

Company Update30 Jun 2026

Submission from the Company on the clarification seek by exchange on Volume Movement.

Insider Trading / SAST30 Jun 2026

Closure of Trading Window

Company Update30 Jun 2026

The Exchange has sought clarification from Keystone Realtors Ltd on June 30, 2026, with reference to Movement in Volume.<BR><BR>The reply is awaited.

BSE
Company Update09 Jun 2026

Investor Meet

Company Update18 May 2026

Earning Call Transcript of the Company''s earning conference call which was held on May 12, 2026, with respect to Financial Result of the Company for the quarter and year ended on March 31, 2026

Company Update13 May 2026

Newspaper copy for the publication of the Financial Results for the quarter and year ended on March 31, 2026

Company Update12 May 2026

Investor Call Recording

Company Update12 May 2026

Press Release for the Financial Results (Consolidated and Standalone) for the quarter and year ended March 31, 2026

Company Update12 May 2026

Investor Presentation

Result12 May 2026

Integrated Filling (Financial) for the quarter and year ended March 31, 2026

Board Meeting12 May 2026

The Board of Directors of the Company, at its meeting held today i.e. May 12, 2026, has inter alia approved the Audited Financial Results (Consolidated and Standalone) of the Company for ....

Company Update12 May 2026

Crisil Ratings Limited assigned AA-/ Stable rating to the Rs. 335 Crore NCDs of the Company

Company Update08 May 2026

Time of Investor/ Analyst conference call / Earnings Call is re-scheduled on Tuesday, May 12, 2026 at 4:00 p.m. (IST)

Company Update28 Apr 2026

Investor/ Analyst conference call / Earnings Call is scheduled to be held on Tuesday, May 12, 2026 at 5:00 p.m. (IST) for discussion of audited Financial Results (Standalone and Consolidated) ....

Board Meeting28 Apr 2026

Keystone Realtors Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/05/2026 ,inter alia, to consider and approve Meeting of the Board of Directors ....

Company Update16 Apr 2026

Appointment of Mr. Salil Chinchore as Group Chief Human Recourses Officer and SMP

Company Update15 Apr 2026

Certificate from RTA under Regulation 74(5) of SEBI (DP) Regulation 2018

Company Update14 Apr 2026

Cessation of Mr. Rakesh Setia as SMP

Company Update06 Apr 2026

Key Operational Updated for Q4FY26 & FY26

Insider Trading / SAST31 Mar 2026

Closing of Trading Window

Company Update06 Mar 2026

Press Release for the execution of Development Agreement with GTB Nagar Societies and MHADA and Separate Construction and Development Agreement with MHADA

Company Update04 Mar 2026

Investor Meeting Intimation

Company Update19 Feb 2026

Intimation of Schedule of Analyst/Institutional Investor Meeting under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is to inform that pursuant to ....

Company Update18 Feb 2026

Appointment of Mr. Mukesh Singh as a Chief of Sales

Company Update16 Feb 2026

Press Release

Company Update16 Feb 2026

Re-development project

Company Update10 Feb 2026

Allotment of ESOP / ESPS

Company Update09 Feb 2026

Submission of copy of Earning Call Transcript of the Company''s earning conference call which was held on February 4, 2026

Company Update06 Feb 2026

Intimation of Investor Meet scheduled to be held on February 11, 2026 with Axis

Company Update05 Feb 2026

Submission of copies of newspaper in wherein the unaudited financial result for the quarter and nine months ended on December 31, 2025 of the Company were published.

Board Meeting04 Feb 2026

The Board of Directors of the Company, at its meeting held today, i.e. February 4, 2026, has inter alia approved the Unaudited Financial Results (Consolidated and Standalone) of the Company ....

Company Update04 Feb 2026

Press Release

Company Update04 Feb 2026

Investor Presentation

Company Update04 Feb 2026

attached herewith the audio recording of the Earning Conference Call on unaudited Financial Results (Consolidated and Standalone) of the Company for the quarter and nine months ended on ....

Result04 Feb 2026

Approval of unaudited financial results (Consolidated and Standalone) of the Company for the quarter and nine months ended on December 31, 2025

Annual Reports

3

2025

2024

2023

Credit Ratings

6
icraRating update
26 Dec 2025Report
fitchRating update
15 Oct 2025Report
icraRating update
08 Sept 2025Report
icraRating update
15 May 2025Report
icraRating update
31 May 2024Report
icraRating update
27 Feb 2024Report

Concalls

16

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Aug 2025

31 Aug 2025

May 2025

31 May 2025

May 2025

31 May 2025

Feb 2025

28 Feb 2025

Nov 2024

30 Nov 2024

Aug 2024

31 Aug 2024

May 2024

31 May 2024

Feb 2024

29 Feb 2024

Jan 2024

31 Jan 2024

Nov 2023

30 Nov 2023

Aug 2023

31 Aug 2023

May 2023

31 May 2023

Feb 2023

28 Feb 2023

Feb 2023

28 Feb 2023

Held by Mutual Funds

6 schemes hold RUSTOMJEE · sorted by weight

#SchemeWeight %
1

Tata Housing Opportunities Fund

Tata Mutual Fund

2.46%
2

Tata Small Cap Fund

Tata Mutual Fund

0.91%
3

Quant Small Cap Fund

Quant Mutual Fund

0.77%
4

WhiteOak Capital Special Opportunities Fund

WhiteOak Capital Mutual Fund

0.52%
5

Bandhan Small Cap Fund

IDFC Mutual Fund

0.16%
6

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.01%