Keystone Realtors Ltd

Keystone Realtors will hold a meeting of the Board of Directors of the Company on 4 August 2026.

Domestic equity benchmarks witnessed sharp losses in early trade as investor sentiment turned risk-averse following the escalation of the US-Iran conflict, which heightened geopolitical uncertainties and stoked concerns over rising inflationary pressures. Reflecting the broad-based weakness, the Nifty slipped below the 24,050 mark. Market participants will closely monitor further developments in the US-Iran conflict, movements in crude oil prices, the ongoing Q1 earnings season and corporate business updates, as well as the progress of the southwest monsoon for cues on market direction. Barring media all the sectoral indices on the NSE were traded in red with auto, metal and private bank shares emerging as the biggest laggards in early trade. At 09:25 IST, the barometer index, the S&P BSE Sensex declined 640.50 points or 0.83% to 76,928.89. The Nifty 50 index fell 181.90 points or 0.75% to 24,025. The broader market outperformed the frontline indices. The BSE 150 MidCap Index fell 0.56% and the BSE 250 SmallCap Index dropped 0.25%. The market breadth was weak. On the BSE, 1,550 shares rose and 1,655 shares fell. A total of 221 shares were unchanged. Foreign portfolio investors (FPIs) bought shares worth Rs 2,603.72 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,019 crore in the Indian equity market on 10 July 2026, provisional data showed. Stocks in Spotlight: Keystone Realtors declined 2.02% after the company has reported a 42% drop in pre-sales to Rs 617 crore in Q1 FY27 from Rs 1,068 crore in Q1 FY26. JSW Energy shed 0.31%. The company said that its step-down subsidiary, JSW Energy PSP Eleven (JEPEL), has secured orders worth Rs 443.74 crore from Bondada Renewable Energy for the supply of Battery Energy Storage System (BESS) and Power Conversion System (PCS) solutions. Fino Payments Bank surged 11.37% after the bank's average total deposits jumped 11% to Rs 2,755 crore in June 2026 compared with Rs 2,477 crore in June 2025. Numbers to Track: The yield on India's 10-year benchmark federal paper advanced 0.34% to 6.739 compared with the previous session close of 6.716. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 95.6650 compared with its close of 95.3800 during the previous trading session. MCX Gold futures for 5 August 2026 settlement declined 1.04% to Rs 1,41,991. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.19% to 101.14. The United States 10-year bond yield rose 0.33% to 4.584. In the commodities market, Brent crude for September 2026 settlement jumped $3.01 or 3.96% to $79.02 a barrel. Global Markets: Asian markets traded lower on Monday after surrendering early gains as investors remained cautious amid renewed geopolitical tensions in the Middle East. Investor sentiment weakened after Iran and the United States exchanged airstrikes over the weekend. Tehran claimed it had targeted U.S. military facilities across multiple Gulf countries and announced the closure of the Strait of Hormuz. However, U.S. President Donald Trump rejected the claim on Sunday, stating that the strategic waterway remained open to commercial shipping. In South Korea, shares of SK Hynix fell 5% after the chipmaker's stock had surged 13% during its Nasdaq debut, prompting investors to book profits. In US, Wall Street ended higher on Friday. The Dow Jones Industrial Average gained 0.29% to close at 52,637.01, the S&P 500 rose 0.42% to 7,575.39, and the Nasdaq Composite advanced 0.29% to finish at 26,281.61. Investors are also gearing up for a busy U.S. earnings week, with several major financial institutions, including JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America, Citigroup and Wells Fargo, scheduled to report quarterly results. Earnings from Netflix, Johnson & Johnson and UnitedHealth are also expected to be closely watched for clues on corporate performance and the broader economic outlook. Domestic Market: Benchmark equity indices rallied sharply on Friday, with the Nifty closing above the 24,200 mark, supported by broad-based buying across sectors. Investor sentiment was further lifted by positive global cues as concerns over a broader Middle East conflict eased. Lower crude oil prices, a firmer rupee and a decline in the India VIX added to the positive momentum. The S&P BSE Sensex jumped 827.57 points or 1.08% to 77,569.39. The Nifty 50 index rose 244.10 points or 1.02% to 24,206.90. In two consecutive trading sessions, the Sensex rallied 1.35% while the Nifty jumped 1.33%.Powered by Capital Market - Live

Given that there was no new launch planned in Q1 FY27, the company stated that the pre-sales were mainly supported by resilient sustenance sales, reflecting continued buyer interest and sustained homebuyer confidence in the company's projects. 'However, with general improvement in economic situation due to stability in geo-political situation, we expect pickup in sales in upcoming quarters,' Rustomjee said in a statement. The total area sold fell by 49% YoY to 0.32 million square feet during the period under review. Collections, however, improved by 8.53% to Rs 599 crore in Q1 FY27 over Q1 FY26. Rustomjee further said that it has added two projects in Q1 FY27 with saleable area of 1.98 million square feet and estimated GDV of Rs 713 crore. It has completed one project in Q1 FY27 with construction area of 0.07 million square feet. Boman Irani, CMD of Keystone Realtors, said: Looking ahead, we have a robust pipeline of launches planned across the MMR over the coming quarters. These launches are expected to strengthen our market position and support our objective of achieving the pre-sales guidance for FY27. Keystone Realtors is one of the prominent Mumbai Metropolitan Region (MMR) based real estate developers and a leader in the redevelopment space. The company had reported 19.10% fall in consolidated net profit to Rs 52.42 crore in the quarter ended March 2026 as against Rs 64.80 crore during the previous quarter ended March 2025. Sales surged to Rs 1,595.97 crore in Q4 FY26 from Rs 584.85 crore in Q4 FY25. The scrip had gained 0.23% to end at Rs 422.95 on the BSE on Friday. Powered by Capital Market - Live

Net profit of Keystone Realtors declined 19.10% to Rs 52.42 crore in the quarter ended March 2026 as against Rs 64.80 crore during the previous quarter ended March 2025. Sales rose 172.89% to Rs 1595.97 crore in the quarter ended March 2026 as against Rs 584.85 crore during the previous quarter ended March 2025. For the full year,net profit declined 54.14% to Rs 78.86 crore in the year ended March 2026 as against Rs 171.96 crore during the previous year ended March 2025. Sales rose 31.46% to Rs 2634.54 crore in the year ended March 2026 as against Rs 2004.10 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1595.97584.85 173 2634.542004.10 31 OPM %5.118.14 -4.6310.20 - PBDT73.0892.27 -21 128.36270.22 -52 PBT67.2886.62 -22 110.50256.98 -57 NP52.4264.80 -19 78.86171.96 -54 Powered by Capital Market - Live

Keystone Realtors will hold a meeting of the Board of Directors of the Company on 12 May 2026.

The project covers about 11.54 acres and will benefit more than 1,200 residents while unlocking roughly 20.7 lakh square feet of saleable area with an estimated gross development value of Rs 4,521 crore. The residential towers will be built using aluminium formwork technology, ensuring durability, watertight exteriors, and adherence to stringent structural, fire safety, electrical, plumbing, and vertical transport standards. The development aims to harmonize modern living with green spaces, setting a benchmark for future urban redevelopment. Boman Irani, chairman and managing director of Keystone Realtors, said, 'We are delighted to share that the Development Agreement and a separate Construction and Development Agreement with MHADA for the redevelopment of GTB Nagar have now been formally signed with the Maharashtra Housing and Area Development Authority (MHADA), marking a significant milestone in this transformative journey. For us at Rustomjee, this moment carries deep meaning. This project represents the aspirations of more than 1,200 members who have waited patiently for the promise of better homes and a more secure future. With the signing of this agreement, we move one step closer to translating that promise into reality. Redevelopment, in our view, is not merely about constructing buildings, but it is about restoring dignity, strengthening communities, and delivering homes that members truly deserve. We remain committed to working closely with MHADA and all stakeholders to ensure that the existing residents of GTB Nagar receive their new homes at the earliest and that the neighborhood evolves into a vibrant, inclusive, and future-ready community. We are honored to be entrusted with a project of such scale and emotional significance, and we look forward to shaping a development that will positively impact generations to come. Keystone Realtors is one of the prominent real estate developers in the Mumbai Metropolitan Region (MMR). The company's consolidated net profit fell 77.57% to Rs 3.38 crore on a 42.64% fall in revenue from operations to Rs 266.17 crore in Q3 December 2025 over Q3 December 2024. Shares of Keystone Realtors fell 1.49% to Rs 393.05 on the BSE.Powered by Capital Market - Live

The project entails the redevelopment of eight housing societies spread across a strategically located land parcel admeasuring approximately 20,569.90 square metres. Upon completion, the project will rehouse 637 existing members across the societies. The redevelopment is expected to unlock a free sale potential of around 5 lakh sq ft of RERA carpet area, with an estimated gross development value (GDV) of about Rs 1,775 crore, according to the company. The addition strengthens Rustomjee's footprint in Mumbai's high-growth western suburbs and aligns with its strategy of building a diversified portfolio across ticket sizes and micro-markets. The project is also in line with the developer's focus on creating gated communities and integrated lifestyle offerings through large-format redevelopment initiatives. With this project, the company has further augmented its development pipeline for the current financial year, continuing its momentum of adding strategically located redevelopment projects in key urban clusters. Boman Irani, chairman and MD, Keystone Realtors, commented, 'We are pleased to have been selected as the preferred Developer for the Om Nagar redevelopment project in Andheri (East), which represents an important addition to Rustomjee's growing redevelopment portfolio. With a GDV of nearly Rs. 1,775 Crores and a significant development footprint, this project exemplifies our focus on scale, location, and value creation. This project underscores the confidence placed in our ability to execute large-scale, complex urban redevelopment assignments and deliver well-planned communities. The Company is increasing its focus on large society redevelopment, and this project further enhances our presence in a strategically important suburban market. We believe that urban redevelopment is not just about creating real estate, but about revitalizing communities and transforming the way people live in the city. We remain focused on disciplined execution and value creation as we continue to strengthen our project pipeline and pursue sustainable long-term growth.' Keystone Realtors is one of the prominent real estate developers in the Mumbai Metropolitan Region (MMR). The company's consolidated net profit fell 77.57% to Rs 3.38 crore on 42.64% fall in revenue from operations to Rs 266.17 crore in Q3 December 2025 over Q3 December 2024. Shares of Keystone Realtors fell 5.07% to Rs 466.85 on the BSE. Powered by Capital Market - Live

Keystone Realtors (Rustomjee Group) has been appointed as the Developer for a landmark large society redevelopment project of Om Nagar Co-operative Housing Society Federation Limited. The project involves the redevelopment of eight housing societies located on a strategically placed land parcel cumulative admeasuring ~20,569.90 square meters at Andheri (East), Mumbai, Maharashtra. The proposed redevelopment will result in the rehousing of 637 existing members across all societies and is expected to unlock a significant free sale potential of ~5 Lakhs sq. ft. of RERA carpet area, with an estimated Gross Development Value (GDV) of ~Rs. 1,775 crore. Powered by Capital Market - Live

Keystone Realtors has allotted 2,708 equity shares under ESOP on 10 February 2026. Powered by Capital Market - Live

Profit before tax (PBT) tumbled 76.55% YoY to Rs 10.48 crore during the quarter. EBITDA stood at Rs 39.1 crore in Q3 FY26, registering de-growth of 37.84%, compared with Rs 62.9 crore posted in corresponding quarter last year. EBITDA margin improved to 13.3% in Q3 FY26 as against 12.9% in Q3 FY25. During the quarter, pre-sales fell 3.01% YoY to Rs 837 crore, while collection dropped 3.32% YoY to Rs 524 crore. Gross Debt stands at Rs 625 crore and Gross Debt/Equity ratio is 0.22 as on Q3 FY26. During Q3FY26 the company launched 1 project with an estimated GDV of Rs 919 crore. With this launch, the total number of projects launched in YTD FY26 increased to five, with an estimated GDV of Rs 5,835 crore. About 83% of the full-year FY26 launches guidance of Rs 7,000 crore has already been achieved in YTD FY26. Boman Irani, chairman and managing director, Keystone Realtors, said, 'We are delighted with the company's strong performance in Q3 FY25-26, which reflects both the commitment of our teams and the continued trust of our customers. Building on the momentum from FY25, our pre-sales reached Rs 837 crore in Q3 FY26 and Rs 2,676 crore for YTD FY26, representing a robust 23% year-on-year growth. During the quarter, we successfully launched a new project with an estimated GDV of Rs 919 crore, taking our cumulative launches for YTD FY26 to five projects with a total GDV of Rs 5,835 crore. In line with our proactive business development strategy, we added another project with an estimated GDV of Rs 382 crore, bringing our cumulative additions for YTD FY26 to four new projects, including two cluster redevelopment initiatives, with a combined GDV of Rs 8,649 crore surpassing our full-year guidance.' Keystone Realtors is one of the prominent real estate developers in the Mumbai Metropolitan Region (MMR).Powered by Capital Market - Live