About
Keystone Realtors Limited engages in the real estate construction, development, and other related activities in India. It develops residential portfolios, such as cluster redevelopments, integrated townships, commercial developments, and plotted development, as well as luxury residences, gated communities, and rise towers. The company also develops commercial and residential buildings; and villa plot projects. Keystone Realtors Limited was incorporated in 1995 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap4,763 Cr
P/E40.50
Div Yield0.40 %
Book Value₹227.00
52w High₹648.00
52w Low₹359.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 88.87 | 209.67 | 55.71 | 334.64 | 68.43 | 324.98 | 34.68 | 62.99 | 127.98 | 113.96 | 60.30 | 581.37 | 254.82 |
| Expenses | 100.02 | 212.98 | 80.92 | 352.47 | 101.35 | 297.49 | 65.88 | 84.58 | 123.43 | 113.39 | 71.09 | 596.75 | 184.37 |
| Operating Profit | -11.15 | -3.31 | -25.21 | -17.83 | -32.92 | 27.49 | -31.20 | -21.59 | 4.55 | 0.57 | -10.79 | -15.38 | 70.45 |
| OPM % | -12.55 | -1.58 | -45.25 | -5.33 | -48.11 | 8.46 | -89.97 | -34.28 | 3.56 | 0.50 | -17.89 | -2.65 | 27.65 |
| Other Income | 37.03 | 38.23 | 29.56 | 57.62 | 53.57 | 62.02 | 45.99 | 53.93 | 43.18 | 48.96 | 34.85 | 23.74 | 31.13 |
| Depreciation | 4.31 | 4.02 | 3.41 | 3.36 | 3.98 | 5.06 | 2.53 | 2.38 | 2.30 | 2.39 | 1.57 | 1.46 | 1.38 |
| Interest | 12.12 | 12.30 | 12.21 | 6.59 | 4.72 | 8.17 | 9.94 | 11.67 | 13.64 | 17.94 | 12.43 | 0.94 | 0.33 |
| Profit before tax | 9.45 | 18.60 | -11.27 | 29.84 | 11.95 | 76.28 | 2.32 | 18.29 | 31.79 | 29.20 | 10.06 | 5.96 | 99.87 |
| Tax % | 30.16 | 26.61 | -23.07 | 25.80 | -13.81 | 27.96 | 33.19 | 26.19 | 26.23 | 20.38 | 27.04 | 24.16 | 23.51 |
| Net Profit | 6.60 | 13.65 | -8.67 | 22.14 | 13.60 | 54.95 | 1.55 | 13.50 | 23.45 | 23.25 | 7.34 | 4.52 | 76.39 |
| EPS in Rs | 0.52 | 1.08 | -0.69 | 1.75 | 1.08 | 4.36 | 0.12 | 1.07 | 1.86 | 2.04 | 0.64 | 0.40 | 6.71 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 668.00 | 551.00 | 1,010.00 | 328.00 | 851.00 | 530.00 | 267.00 | 1,414.00 | 273.00 |
| Expenses | 748.00 | 571.00 | 966.00 | 251.00 | 742.00 | 459.00 | 269.00 | 1,275.00 | 290.00 |
| Operating Profit | -79.00 | -21.00 | 45.00 | 77.00 | 109.00 | 72.00 | -2.00 | 139.00 | -17.00 |
| OPM % | -12.00 | -3.80 | 4.40 | 23.00 | 13.00 | 13.00 | -0.90 | 10.00 | -6.00 |
| Other Income | 179.00 | 205.00 | 139.00 | 83.00 | 75.00 | 59.00 | 104.00 | 62.00 | 0.00 |
| Interest | 36.00 | 43.00 | 32.00 | 9.00 | 25.00 | 57.00 | 47.00 | 69.00 | 0.00 |
| Depreciation | 15.00 | 12.00 | 7.00 | 4.00 | 3.00 | 1.00 | 1.00 | 2.00 | 0.00 |
| Profit before tax | 49.00 | 129.00 | 145.00 | 146.00 | 156.00 | 72.00 | 53.00 | 130.00 | -17.00 |
| Tax % | 17.00 | 27.00 | 23.00 | 25.00 | 23.00 | 45.00 | 29.00 | 22.00 | 0.00 |
| Net Profit | 41.00 | 93.00 | 112.00 | 109.00 | 120.00 | 40.00 | 38.00 | 102.00 | -17.00 |
| EPS in Rs | 3.23 | 7.42 | 9.79 | 9.59 | 12.00 | 3.99 | 3.75 | 10.19 | -63,962.96 |
| Dividend Payout % | 0.00 | 20.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 126.00 | 126.00 | 114.00 | 114.00 | 100.00 | 100.00 | 100.00 | 100.00 | 0.03 |
| Reserves | 2,461.00 | 2,408.00 | 1,523.00 | 1,401.00 | 608.00 | 488.00 | 449.00 | 410.00 | 373.00 |
| Borrowings | 656.00 | 374.00 | 758.00 | 458.00 | 813.00 | 732.00 | 754.00 | 762.00 | 694.00 |
| Other Liabilities | 784.00 | 989.00 | 920.00 | 1,248.00 | 972.00 | 1,248.00 | 1,237.00 | 1,229.00 | 495.00 |
| Total Liabilities | 4,027.00 | 3,896.00 | 3,315.00 | 3,221.00 | 2,493.00 | 2,568.00 | 2,539.00 | 2,502.00 | 1,562.00 |
| Fixed Assets | 55.00 | 65.00 | 49.00 | 38.00 | 33.00 | 29.00 | 30.00 | 31.00 | 7.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.00 |
| Investments | 523.00 | 468.00 | 417.00 | 584.00 | 553.00 | 484.00 | 236.00 | 245.00 | 750.00 |
| Other Assets | 3,449.00 | 3,363.00 | 2,850.00 | 2,599.00 | 1,908.00 | 2,055.00 | 2,273.00 | 2,226.00 | 799.00 |
| Total Assets | 4,027.00 | 3,896.00 | 3,315.00 | 3,221.00 | 2,493.00 | 2,568.00 | 2,539.00 | 2,502.00 | 1,562.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -347.00 | -177.00 | 228.00 | 95.00 | 15.00 | 351.00 | 80.00 | 333.00 |
| Cash from Investing Activity | -41.00 | 133.00 | -840.00 | -90.00 | -108.00 | -126.00 | 54.00 | -68.00 |
| Cash from Financing Activity | 222.00 | 336.00 | 429.00 | 275.00 | 2.00 | -129.00 | -108.00 | -282.00 |
| Net Cash Flow | -166.00 | 292.00 | -182.00 | 280.00 | -92.00 | 97.00 | 26.00 | -17.00 |
| Free Cash Flow | -351.00 | -193.00 | 224.00 | 90.00 | 14.00 | 350.00 | 79.00 | 333.00 |
| CFO/OP % | 416.00 | 700.00 | 587.00 | 181.00 | 29.00 | 505.00 | -4,023.00 | 251.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2012 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 35.00 | 14.00 | 4.00 | 45.00 | 32.00 | 14.00 | 43.00 | 41.00 | 69.00 |
| Inventory Days | 9,881.00 | — | 752.00 | — | 1,822.00 | 1,378.00 | — | 851.00 | — |
| Days Payable | 2,728.00 | — | 194.00 | — | 356.00 | 179.00 | — | 107.00 | — |
| Cash Conversion Cycle | 7,189.00 | 14.00 | 562.00 | 45.00 | 1,498.00 | 1,214.00 | 43.00 | 785.00 | 69.00 |
| Working Capital Days | 1,026.00 | 1,127.00 | 550.00 | 642.00 | 46.00 | -15.00 | 570.00 | 28.00 | 263.00 |
| ROCE % | 2.00 | 6.00 | 8.00 | 9.00 | 13.00 | 10.00 | 8.00 | — | — |
Corporate Actions
1 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 23 May 2025 | 23 May 2025 | — | 1.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update24 Aug from icra
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Rating update22 Jul from fitch
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Rating update14 Jul from crisil
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Rating update7 Jul from icra
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Rating update11 May from crisil
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Rating update26 Dec 2025 from icra