Keystone Realtors Limited - Operational Updates for H1FY26 & Q2FY26

Keystone Realtors Limited has announced key Operational Updates for H1FY26 & Q2FY26:

Pre-Sales: Pre-Sales of INR 7.63 bn in Q2FY26 as compared to INR 7.00 bn in Q2FY25, showing a growth of 9% YoY basis. Pre-Sales of INR 18.31 bn for H1FY26 as compared to INR 13.11 bn for H1FY25, showing a growth of 40% YoY on half yearly basis. 46% of full year FY26 Pre-Sales guidance achieved in H1FY26.

Collections: Collections are at INR 6.01 bn in Q2FY26 as compared to INR 5.52 bn in Q2FY25, showing a growth of 9% YoY basis. Collection stood at INR 11.77 bn for H1FY26 as compared to INR 10.37 bn for H1FY25, showing a growth of 13% YoY on half yearly basis.

New Launches: Launched 1 project in Q2FY26 having saleable area of 0.21 mn sq ft with an estimated GDV of INR 9.49 bn ("Thirty3.15" at Bandra West). With this, we have launched a total of 4 projects in H1FY26 with an estimated GDV of INR 49.16 bn. About 70% of the full-year FY26 launches guidance has already been achieved in H1FY26.

Business Development: For the H1FY26 we added 3 Projects having saleable Area of 3.25 mn sq ft and an 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 fullyear FY26 business development guidance.

Commenting on the Company's operational performance for Q2FY26, Mr. Boman Irani, CMD of Keystone Realtors Limited, said "As we successfully close the second quarter of FY26, I am delighted to share that our company continues to progress through a pivotal phase of growth and opportunity. This quarter marks yet another period of strong performance, reaffirming our consistent growth trajectory and disciplined execution. Building on the solid momentum carried forward from FY25, we achieved Pre-Sales of INR 7.63 billion in Q2FY26, reflecting a 9% year-on-year growth and thereby achieving INR 18.31 billion about 46% of our full-year FY26 PreSales guidance within the first half. During the quarter, we launched one project with an estimated GDV of INR 9.49 billion in Q2FY26, taking the total to four projects in H1FY26 with a combined estimated GDV of INR 49.16 billion thereby achieving about 70% of our full-year FY26 launches guidance within the first half. As we move into the festive season, our robust pipeline positions us well to capitalize on upcoming demand, and I am confident in our ability to not only acquire new projects but also execute them efficiently. Redevelopment in Mumbai continues to remain a core strategic focus, offering immense potential for sustained value creation. As one of the most preferred redevelopment players in the MMR region, we are uniquely positioned to capture these opportunities and strengthen our leadership in this segment. Our strong performance in both Business Development and New Launches highlights our agility and commitment to driving long-term 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. 618.45 as compared to the previous close of Rs. 613.45. The total number of shares traded during the day was 4984 in over 319 trades.

The stock hit an intraday high of Rs. 647.95 and intraday low of 611.55. The net turnover during the day was Rs. 3093230.00.

Source : Equity Bulls

Keywords

KeystoneRealtors INE263M01029 Residential Commercial Q2FY26 Q2FY2026 H1FY26 H1FY2026 OperationalUpdates