Realty company Keystone Realtors announced Q1FY26 results FInancial Highlights: Revenue from Operations: Rs 2.73 billion (i.e. Rs 273 crore). EBITDA: Rs 0.29 billion (i.e. Rs 29 crore). PAT: Rs 0.16 billion (i.e. Rs 16 crore) Operational Highlights: Pre-Sales: Rs 10.68 billion (i.e. Rs 1,068 crore). Collections: Rs 5.75 billion (i.e. Rs 575 crore). Operating Cash Flows: Rs 1.18 billion (i.e. Rs 118 crore). Boman Irani, Chairman and Managing Director, Keystone Realtors, said: “We are pleased to report a strong start to FY26, marked by three significant first-time milestones (highest quarterly ever): (a) Our highest-ever quarterly pre-sales of Rs 10.68 billion and (b) Our highest-ever quarterly new launches worth Rs 39.67 billion. Our pre-sales (INR 10.68 billion) is a 75% growth on the same quarter last year and collections (INR 5.75 billion) is a 19% growth on the same quarter last year. The 3rd milestone is the launch of three new projects during the quarter with a total GDV of Rs 39.67 billion, twice the launch value recorded in the same period last year. This momentum is a clear reflection of the strength of our product portfolio and the resilience of our overall strategy. In line with our proactive approach to business development, we added three new projects in Q1FY26 (including two cluster redevelopment projects) with a combined GDV of Rs 77.27 billion, which exceeds our entire FY26 business development guidance by more than 1.25x. This reinforces the success of our asset-light, capital-efficient model with a sharp focus on redevelopment within Mumbai MMR. As one of the most trusted names in this space, Rustomjee is uniquely positioned to unlock long-term value in a fast-evolving market. With a healthy balance sheet and strong capitalization, we remain well-equipped to pursue emerging opportunities and create sustainable value for all stakeholders. We are confident of carrying forward this momentum and delivering yet another year of strong and consistent growth.” Result PDF
Realty company Keystone Realtors announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: PAT increases to Rs 0.67 billion (Rs 67 crore) in Q4FY25 from Rs 0.31 billion (Rs 31 crore) in Q4FY24 Revenue from Operations - Rs 5.85 billion (i.e. Rs 585 crore) EBITDA - Rs 1.07 billion (i.e. Rs 107 crore) FY25 Financial Highlights: Revenue from Operations - Rs 20.04 billion (i.e. Rs 2,004 crore) EBITDA - Rs 3.32 billion (i.e. Rs 332 crore) PAT - Rs 1.88 billion (i.e. Rs 188 crore) EBITDA margins up 15.6% in FY25 from 7.2% in FY24 Added 9 projects with GDV of Rs 47.83 billion (Rs 4,783 crore) in FY25 Launched 7 projects with a GDV of Rs 50.19 billion (Rs 5,019 crore) in FY25 Commenting on the company’s performance, Boman Irani, Chairman and Managing Director, Keystone Realtors said, "I’m pleased to share that we have successfully achieved most of our guidance on operational parameters for FY25 with the Pre-Sales guidance for FY25 demonstrating strong execution and market alignment in the pre-sales phase, thanks to a series of strong launches of 7 projects having GDV of Rs 50.19 billion in FY25. I’m excited to report that our Pre-Sales for Q4FY25 have reached Rs 8.54 billion and for FY25 Pre-Sales have reached Rs 30.28 billion reflecting a 34% YoY growth. This performance is a testament to the resilience of our strategy and the continued momentum we’re experiencing. With collections efficiency of ~77% we have strong collections of Rs 23.27 billion in FY25 compared to Rs 22.03 billion in FY24. In FY25, we added 9 projects with GDV of Rs 47.83 billion further reinforcing our growth trajectory. In FY25 we completed 5 projects with construction area totaling 0.72 mn sqft. The Board of Directors has recommended a final dividend of Rs 1.50/- per fully paid-up equity share of Rs 10/- each for the financial year ended March 31, 2025, subject to approval of the shareholders in the ensuing Annual General Meeting of the Company. The demand for our products remains robust, and we’re excited about the strong pipeline of upcoming launches for FY26. Our asset-light model, with a focus on redevelopment opportunities, particularly in Mumbai MMR, continues to be a key driver of growth. As the most trusted partner in this space, we are strategically positioned to leverage the vast redevelopment potential in the region. With a solid balance sheet and strong capitalization, we are fully equipped to seize opportunities and continue creating sustainable value for all our stakeholders. Together, we are on an exciting journey of growth, and we are determined to maintain our upward trajectory and exceed expectations. Let’s embrace the opportunities ahead and continue to build on our momentum” Result PDF