Keystone Realtors Limited - Key Operational Updates for Q1 FY26

Keystone Realtors Limited has announced the operational updates for the period June 30, 2025 i.e., Q1 FY26.

Pre-Sales: Pre-Sales of INR 10.68 bn in Q1FY26 as compared to INR 6.11 bn in Q1FY25, showing a growth of 75% YoY basis. Best ever Q1 Pre-sales of the Company.

Collections: Collections are at INR 5.75 bn in Q1FY26 as compared to INR 4.85 bn in Q1FY25, showing a growth of 19% YoY basis.

New Launches: Launched 3 projects in Q1FY26 having saleable area of 0.91 mn sq ft and estimated GDV of INR 40 bn ("Rustomjee Balmoral" at Chembur, "Rustomjee Crescent" at Pali Hill and "Rustomjee Cliff Tower" at Bandra). About 57% of the full-year FY26 guidance has already been achieved in Q1FY26.

Business Development: We added 3 Projects in Q1FY26 having saleable Area of 3.25 mn sq ft and estimated GDV of INR 77.27 bn ("GTB Nagar" at Sion, "Lokhandwala Cluster" at Andheri West, "Swarganga CHSL" at Dindoshi Nagar Cluster, Goregaon East). All 3 are redevelopment projects. These strategic additions align with our goal to maintain and strengthen our leadership in the redevelopment space. Remarkably, we've surpassed our FY26 full-year guidance in the very first quarter.

Credit Rating: ICRA has upgraded the credit rating of the Company to "ICRA A+" With Stable Outlook from "ICRA A" With Positive Outlook.

Commenting on the Company's operational performance for Q1FY26, Mr. Boman Irani, CMD of Keystone Realtors Limited, 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 INR 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 INR 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 INR 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."

Please note that aforesaid nos. are provisional and subject to audit. This is for the information of all concerned.

Shares of Keystone Realtors Limited was last trading in BSE at Rs. 642.35 as compared to the previous close of Rs. 636.65. The total number of shares traded during the day was 7542 in over 446 trades.

The stock hit an intraday high of Rs. 647.75 and intraday low of 616.55. The net turnover during the day was Rs. 4763856.00.

Source : Equity Bulls

Keywords

KeystoneRealtors INE263M01029 Residential Commercial Operationalupdates Q1FY26