Keystone Realtors Ltd

Net profit of Keystone Realtors declined 87.10% to Rs 8.55 crore in the quarter ended September 2025 as against Rs 66.27 crore during the previous quarter ended September 2024. Sales declined 6.34% to Rs 499.28 crore in the quarter ended September 2025 as against Rs 533.07 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales499.28533.07 -6 OPM %3.0014.59 - PBDT20.8890.90 -77 PBT16.8988.37 -81 NP8.5566.27 -87 Powered by Capital Market - Live

Keystone Realtors will hold a meeting of the Board of Directors of the Company on 12 November 2025.Powered by Capital Market - Live

The company's pre-sales for H1 FY26 added up to Rs 1,831 crore, up by 40% from Rs 1,311 crore in H1 FY25. The company has managed to achieve 46% of full year FY26 pre-sales guidance in H1 FY26. Area sold in Q2 FY26 and in H1 FY26 was 0.50 million square feet (up 9% YoY) and 1.13 million square feet (up 61% YoY), respectively. Collections aggregated to Rs 601 crore in Q2FY26 as compared to Rs 552 crore in Q2 FY25, up 9% on YoY basis. Collection stood at Rs 1,177 crore for H1 FY26, thereby showing a growth of 13% YoY on half yearly basis. Boman Irani, CMD of Keystone Realtors, said that during the quarter, the company had launched one project with an estimated GDV of Rs 949 crore in Q2 FY26, taking the total to four projects in H1 FY26 with a combined estimated GDV of Rs 4,916 crore, thereby achieving about 70% of our full-year FY26 launches guidance within the first half. Keystone Realtors has added 3 projects having saleable area of 3.25 million square feet and an estimated GDV of Rs 7,727 crore. All 3 are redevelopment projects. The company has surpassed its full year FY26 business development guidance. 'Redevelopment in Mumbai continues to remain a core strategic focus, offering immense potential for sustained value creation. As one of the most preferred redevelopment players in the MMR region, we are uniquely positioned to capture these opportunities and strengthen our leadership in this segment,' the company's CMD said in a statement. Keystone Realtors is a flagship entity of the Rustomjee Group. The company undertakes residential and mixed-use projects in MMR under the 'Rustomjee' brand. The Rustomjee Group has completed construction for over 26 million square feet of area, with under-construction projects comprising a saleable area of nearly 8.6 million square feet and forthcoming developments of around 23.8 million square feet in pipeline as of June 2025. The company had reported 43.80% fall in consolidated net profit to Rs 14.51 crore on a 35.30% decline in revenue to Rs 273.12 crore in Q1 FY26 as compared with Q1 FY25. Powered by Capital Market - Live

Keystone Realtors has allotted 80,101 equity shares under ESOP. Powered by Capital Market - Live

Keystone Realtors will hold a meeting of the Board of Directors of the Company on 10 September 2025.Powered by Capital Market - Live

Keystone Realtors announced that the Annual General Meeting(AGM) of the company will be held on 18 September 2025.Powered by Capital Market - Live

Net profit of Keystone Realtors declined 43.80% to Rs 14.51 crore in the quarter ended June 2025 as against Rs 25.82 crore during the previous quarter ended June 2024. Sales declined 35.30% to Rs 273.12 crore in the quarter ended June 2025 as against Rs 422.16 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales273.12422.16 -35 OPM %4.279.82 - PBDT20.0339.70 -50 PBT15.8537.30 -58 NP14.5125.82 -44 Powered by Capital Market - Live

Keystone Realtors will hold a meeting of the Board of Directors of the Company on 5 August 2025.Powered by Capital Market - Live

Sequentially, the firm's collections fell 23% in Q1 FY26, compared to Rs 747 crore recorded in Q4 FY25. The realtor reported pre-sales of Rs 1,068 crore for the quarter ended 30 June 2025, marking a year-on-year (YoY) growth of 75% and a quarter-on-quarter (QoQ) increase of 25%. The company sold 0.63 million square feet in Q1 FY26, representing a 159% increase year-on-year (YoY) and a 9% rise quarter-on-quarter (QoQ). During Q1 FY26, the company said it launched three projects with a total saleable area of 0.91 million square feet and an estimated gross development value (GDV) of Rs 40 billion. These projects included Rustomjee Balmoral at Chembur, Rustomjee Crescent at Pali Hill, and Rustomjee Cliff Tower at Bandra. The company also said that approximately 57% of the full-year FY26 guidance had already been achieved in Q1 FY26. The company also added that in Q1 FY26, it added three projects with a total saleable area of 3.25 million square feet and an estimated gross development value (GDV) of Rs 77.27 billion. These projects include GTB Nagar at Sion, Lokhandwala Cluster at Andheri West, and Swarganga CHSL at Dindoshi Nagar Cluster, Goregaon East. All three are redevelopment projects. The company stated that these strategic additions align with its goal to maintain and strengthen its leadership in the redevelopment space. It further highlighted that it has remarkably surpassed its full-year FY26 guidance in the very first quarter. Boman Irani, CMD of Keystone Realtors, said, 'Q1FY26 has laid a strong foundation for the year, marking a pivotal moment for our company as we build on the solid momentum carried over from FY25. We recorded pre-sales of Rs 10.68 billion, reflecting a robust 75% year-on-year growth. During the quarter, we launched three projects with an estimated Gross Development Value (GDV) of Rs 40 billion, representing nearly 57% of our full-year FY26 guidance achieved in just the first quarter. On the business development front, we secured three new projects in Q1FY26, adding a GDV of Rs 77.27 billion. With this, we have already surpassed our full-year FY26 guidance for new additions. Mumbai's redevelopment opportunities continue to be a key strategic focus, and our leadership in this segment positions us well to harness the potential it offers. Our outstanding performance in both business development and new launches underscores our agility in capturing market opportunities and driving sustained growth. Backed by a strong balance sheet, we are well capitalized and equipped to continue delivering long-term value to all stakeholders. We remain confident in our ability to maintain a strong growth trajectory in both acquisitions and project launches throughout the remainder of the year. We are confidently poised to deliver substantial value to all stakeholders as we navigate through this year. Keystone Realtors is a prominent real estate developer based in the Mumbai Metropolitan Region (MMR). The company's consolidated net profit surged 111.21% to Rs 64.80 crore, despite a 27.94% decline in revenue from operations to Rs 584.85 crore in Q4 FY25 over Q4 FY24. Powered by Capital Market - Live

Keystone Realtors (Rustomjee Group) has been selected by 8 housing societies as the developer for the large-scale cluster redevelopment project in the highly sought after residential neighbourhood of Andheri West, Mumbai. The Development Agreement (DA) has already been executed with 5 societies, while LOIs have been received from the remaining 3 societies, with DA execution expected over the next few days. The project involves the redevelopment of a cluster of private housing societies located in the heart of Andheri's vibrant residential hub, with a cumulative plot area of approximately 4.75 Acres (19,229 square meters), encompassing 548 existing members. The proposed redevelopment is expected to unlock a saleable area of approximately 10.6 lakh square feet and generate a Gross Development Value (GDV) of ~Rs. 3,000 crore.Powered by Capital Market - Live