RUSTOMJEE · Keystone Realtors Ltd · Construction Services
RUSTOMJEE · Keystone Realtors Ltd · Construction Services
As of 05 Nov close
52-week range
37.9% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹470 Cr
Revenue YoY
PAT YoY
+266.2%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.7
P/S (TTM)
1.5
Sector P/E
14.4
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| RUSTOMJEE (this stock) | 44.9 | 1.7 | +4.2% | +4.1% | 0.52 | 0.0% |
| DLF | 34.5 | 3.5 | +65.8% | +9.8% | 0.01 | +1.2% |
| Lodha Developers | 23.1 | 4.6 | +22.7% | +17.7% | 0.42 | +0.4% |
| Indus Towers | 14.4 | 2.4 | +21.8% | +17.3% | 0.52 | +3.6% |
Promoter
stable
FII
falling 3q
MF
8.37% (+0.41pp)
rising 3q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: Keystone Realtors Limited reported strong operational performance for Q1 FY27, with pre-sales of INR 617 crores and collections of INR 599 crores. The company launched two new projects, contributing to a gross development value (GDV) of INR 547 crores. Revenue increased by 72% year-on-year to INR 470 crores, while EBITDA grew by 259% to INR 105.1 crores, resulting in an EBITDA margin of 21.3%. Profit after tax (PAT) rose to INR 52.4 crores, marking a 221% increase. The balance sheet remained robust, with a gross debt-to-equity ratio of 0.3:1 and a net debt-to-equity ratio of 0.02:1. The company received a dual AA- credit rating from CRISIL and ICRA. Management emphasized a focus on accelerating construction to optimize cash flow and enhance customer satisfaction. The company also highlighted its commitment to sustainable development and community initiatives.
Management highlighted strong financial performance and strategic growth initiatives.
Sourced from an exchange-filed transcript, dated 07 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Keystone Realtors Limited provided an investor presentation detailing its unaudited financial results for the quarter ended June 30, 2026. The presentation highlighted the company's 30+ years of experience in real estate, focusing on its asset-light model and redevelopment initiatives. Management reported a strong operational performance with pre-sales of ₹6.17 billion and collections of ₹5.99 billion in Q1FY27. The company emphasized its leadership in the redevelopment space, with a significant portion of its forthcoming projects in premium segments. Management set a goal of achieving ₹50 billion in pre-sales for FY27 and outlined plans to enhance its project pipeline and operational efficiency. The presentation also noted a dual credit rating of 'AA-/Stable' from Crisil and ICRA, reflecting the company's robust financial health. Additionally, management discussed its commitment to ESG goals, aiming for a 100% green-certified portfolio by 2030.
Management emphasized strong operational performance and growth initiatives.
Sourced from an exchange-filed presentation, dated 04 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Keystone Realtors Limited's investor presentation detailed the audited financial results for the year ending March 31, 2026. The company reported a pre-sales value of ₹40.22 billion, reflecting a 33% year-over-year growth. Collections reached ₹26.22 billion, with a total income of ₹27.17 billion for FY26. The presentation highlighted a robust project pipeline, with 17 ongoing projects and 21 forthcoming projects, amounting to a total estimated GDV of ₹426.98 billion. Management emphasized their leadership in redevelopment, with 84% of forthcoming projects in this category. The company maintained a conservative leverage ratio of 0.26:1 and achieved a credit rating of 'CRISIL AA- / Stable'. The document also outlined the company's commitment to ESG goals, aiming for a 100% green-certified portfolio by 2030. Overall, management reported strong operational performance and a solid financial position.
Management highlighted strong growth metrics and a robust project pipeline.
Sourced from an exchange-filed presentation, dated 12 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Keystone Realtors Limited submitted an investor presentation detailing its unaudited financial results for the quarter and nine months ended December 31, 2025. The presentation highlighted the company's extensive experience in real estate, with over 29 years in the industry and significant achievements in construction and redevelopment. Management reported a total of 28 million square feet developed and 47 million square feet in the pipeline, alongside 310 completed buildings and over 18,000 homes delivered. The company emphasized its asset-light model and focus on sustainability, showcasing various awards received for its projects. Financially, management noted that pre-sales for the year-to-date reached INR 26.76 billion, reflecting a 23% year-on-year growth. The presentation also outlined ongoing and forthcoming projects, with a strong emphasis on leveraging technology for operational efficiency. Overall, the document provided a comprehensive overview of the company's performance and strategic direction.
Management emphasized growth and achievements in various aspects of the business.
Sourced from an exchange-filed presentation, dated 04 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedKeystone Realtors Limited (Rustomjee) reported strong financial performance in FY2022-23, with highest-ever quarterly collections in Q4 and a net debt-to-equity ratio of 0.01:1. The company has a strong presence in the Mumbai Metropolitan Region (MMR) and has launched a captive AIF. The company has no pending insolvency proceedings, no defaults in loan repayments, and no regulatory penalties. The company has a stable credit rating of A- (Stable) from ICRA and has been awarded the Best Realty Brand by Economic Times. The company has no material contingent liabilities or disputes, and has no statutory dues pending due to disputes. The company has a strong governance framework and has adopted policies on insider trading, sexual harassment prevention, and corporate social responsibility.
- Highest-ever quarterly collections in Q4 FY2023
- Net debt-to-equity ratio of 0.01:1
- No pending insolvency proceedings or defaults in loan repayments
- Credit rating of A- (Stable) from ICRA
- No material contingent liabilities or disputes
Key takeaway: Keystone Realtors Limited (Rustomjee) has demonstrated strong financial performance with no material risks or defaults, making it a stable investment option.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
1 occurrenceRecent (last 12 months)
The company was fined ₹10,000 each by BSE Limited and the National Stock Exchange of India Limited for not submitting prior intimation for dividend declaration within the prescribed timeline under SEBI regulations.
Routine disclosures
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has provided guarantees for several subsidiaries and joint ventures, including Keyspace Realtors Private Limited, Dynasty Infrabuilders Private Limited, Kapstone Constructions Private Limited, and Redgum Realtors Private Limited.
Earlier (1-3 years ago)
The company has provided guarantees for Keyspace Realtors Private Limited, Dynasty Infrabuilders Private Limited, Rustomjee Realty Private Limited, Keystone Infrastructure Private Limited, and Kapstone Constructions Private Limited, which are listed under 'Guarantees given' in the financial statements.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
Loans and advances to firms/companies in which Directors are interested are disclosed as part of related party transactions schedule (note no. 46) of Standalone financial statements.
Earlier (1-3 years ago)
The company has disclosed related party transactions with entities including Megacorp Constructions LLP, Krishika Developers Private Limited, and several joint ventures and entities influenced by key management personnel.