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Prices as of 8 Oct 2026 close · Not investment advice

Keystone Realtors Limited

NSE: RUSTOMJEEResidential, Commercial Projects

Share price

₹359.00

-5.35% close of 8 Oct 2026

Market cap ₹4,523 CrP/E 38.7

Business score

How strong the business is, in one number. The parts behind it are in Pro.

48

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹4,523 Cr

P/E ratio

38.7

P/B ratio

1.6

ROCE

4.7%

ROE

2.8%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹623.8052-week low ₹338.35

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Mar 2026 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Mar 2026 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

At 38.7× earnings it costs 1.6× the market, which pays 23.9× across 2199 companies we can price. Its own industry sits at 36.6×, across 5 companies. It is against its own five-year median of 60.6×, the 2nd percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
Keystone Realtors Limited — this one-1%/yr38.7×—
DLF Limited27%/yr36.6×₹1.4
Lodha Developers Limited56%/yr25.8×₹0.46
The Phoenix Mills Limited12%/yr49.2×₹4.1
Prestige Estates Projects18%/yr53.4×₹3.0
Oberoi Realty9%/yr22.9×₹2.5

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Residential, Commercial Projects), it ranks 58 of 86 on returns, 12 of 80 on growth, 59 of 86 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 4.7% on capital, ahead of 33% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹141 crore of cash before any plant spend, funded from shareholders — borrowings did not rise. And the profit is real: of every 100 rupees it reported over 7 years, about 100 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 94 days for its cash to waiting 217 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

5 of 9 checks clear · 56%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 4 Aug 2026 · Consolidated · Unaudited

Revenue

₹470 Cr

Revenue vs last year

+72.2%

Revenue vs last quarter

-70.5%

Net profit

₹52 Cr

Profit vs last year

+227.3%

Profit vs last quarter

-18.2%

Net margin

11.1%

EPS

₹4.21

Earnings call transcript · 4 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹4,523 Cr
Prev close
₹359.00
52w High
₹631
52w Low
₹332
Enterprise value
₹5,122 Cr
Beta
0.7
Price CAGR 1y
-39.0%
Price CAGR 3y
-11.0%
Price CAGR 5y
—
Price CAGR 10y
—

Ratios

Return on assets
1.4%
PEG ratio
-38.6
P/E ratio
38.7
P/B ratio
1.6
EV / EBITDA
27.2
Industry P/E
23.4
ROCE
4.7%
ROCE 5y average
7.0%
ROE
2.8%
Debt / Equity
0.5
Interest coverage
2.4
Dividend yield
0.0%
ROE 3y average
5.0%
ROE last year
3.0%

Annual P&L

Annual revenue
₹2,635 Cr
Annual profit
₹95 Cr
Operating margin
4.6%
Net profit margin
3.6%
EBITDA margin
4.6%
Sales growth 3y
56.6%
Sales growth 5y
25.4%
Profit growth 3y
-1.0%
Profit growth 5y
-24.0%
EPS
₹6.3
Sales growth TTM
53.0%
Profit growth TTM
-27.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹470 Cr
Profit latest quarter
₹52 Cr
YoY quarterly sales growth
72.2%
YoY quarterly profit growth
225.0%
OPM latest quarter
17.5%

Balance Sheet

Book Value
₹227
Face Value
₹10.0
Total debt
₹1,484 Cr
Total cash
₹882 Cr
Borrowings
₹1,484 Cr
Reserves / Equity
21.7

Cash Flow

Operating cash flow
-₹509 Cr
Free cash flow
-₹517 Cr
FCF yield
-13.2%
Net cash flow
-₹169 Cr

Shareholding

Promoter holding
74.6%
FII holding
2.4%
DII holding
16.4%
Public holding
6.7%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
DLF641.5036.91,58,7911.23793.94.11,280.3-52.96.3
Lodha Developers1,078.6026.11,07,7940.391,373.1103.44,996.743.116.4
Phoenix Mills1,793.6049.564,1530.14394.523.31,074.912.812.4
Oberoi Realty1,694.0023.361,5940.47543.529.01,300.931.717.3
Prestige Estates1,403.0053.160,4310.14271.4-19.42,675.115.910.4
Godrej Propert.1,540.5528.746,4050.64349.4-41.7506.216.57.6
Anant Raj595.1037.021,4160.16149.218.9631.46.612.1
Keystone Realtor378.2040.64,7780.0052.4266.2470.372.24.7
Median134.6423.58710.008.426.585.011.07.6

Competes with: Anant Raj Limited, Brigade Enterprises Limited, DLF Limited, Godrej Properties, Lodha Developers Limited, Oberoi Realty, Pranav Constructions Limited, Prestige Estates Projects, Runwal Enterprises Limited, The Phoenix Mills Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2726185218124225334645852734992661,596470
Expenses2096325127623814554275372614842561,514388
Material Cost288423876301
Change in Inventories92-257497-16
Purchases of Stock-in-Trade2000
Employee Cost40384647
Other Expenses62519756
Operating Profit63-14950417838481215108182
OPM %23-2.331.646.149.82158.088.144.2733.705.1117
Other Income11253415152322571622282524
Exceptional items (within Other Income)0000
Interest7772017101213716233331
Depreciation1223233644465
Profit before tax6723442378845871617106770
Tax %30-108112831263323-34152526
Net Profit474303026663067161056452
EPS in Rs4.120.382.652.692.055.261.205.141.150.680.274.154.21
Diluted EPS in Rs0.670.274.124.18

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,2118491,2696862,2222,0042,6352,832
Expenses1,0757461,0925822,1131,8002,5122,643
Material Cost1,887
Change in Inventories199
Purchases of Stock-in-Trade2
Employee Cost163
Other Expenses261
Operating Profit136102178104110204122189
OPM %111214154.90104.607
Other Income573293444821178598
Exceptional items (within Other Income)0
Interest1281402336405179102
Depreciation22357.31131819
Profit before tax63290184108144257111165
Tax %77202626232714
Net Profit142321368011118895131
EPS in Rs2.2031147.209.85146.259.31
Diluted EPS in Rs6.21
Dividend Payout %00000110

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
25%
3 years
57%
TTM
53%

Compounded profit growth

10 years
—
5 years
-24%
3 years
-1%
TTM
-27%

Stock price CAGR

10 years
—
5 years
—
3 years
-11%
1 year
-39%

Return on equity

10 years
—
5 years
6%
3 years
5%
Last year
3%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital100100100114114126126
Reserves3277018331,5561,6842,6462,737
Borrowings2,5141,2201,5631,0301,1019301,484
Other Liabilities1,4741,6331,3821,8163,0332,8942,363
Minority Interest31
Total Liabilities4,4153,6543,8774,5155,9326,5966,710
Fixed Assets195293339355375366
CWIP0000000
Investments5595575642456484546
Other Assets4,2153,0293,2683,8345,1215,7375,798
Total Assets4,4153,6543,8774,5155,9726,6496,723

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity351642-110306183-11-509
Cash from Investing Activity-200-235-13827-278-65-79
Cash from Financing Activity171-609154-30-38484418
Net Cash Flow323-202-93303-132408-169
Free Cash Flow349642-110299179-30-517

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days19163333171547
Inventory Days3,7915,1931,4823,622
Days Payable3805552561,032
Cash Conversion Cycle3,4314,65333331,242152,637
Working Capital Days-589094398212264217
ROCE %1895795

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters878787787878787878757575
FIIs1.532.442.333.243.403.283.102.813.073.072.542.35
DIIs7.978.198.72161616161616171716
Public3.802.682.262.022.112.222.372.532.925.745.756.69
No. of Shareholders18,56016,73915,80015,79218,35718,94319,14419,66919,44719,54418,91719,787

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -42.4% (₹623.80 → ₹359.00)Brick size ₹13.82 (fixed)Bricks 35
₹400₹500₹600₹359Nov '25Feb '26May '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹359.00 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

598inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.31cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

2,00,07,593inr

2026-03-31

News

News and filings about Keystone Realtors Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • AAC blocks
  • Aluminium (windows / facades / railings)
  • Cement
  • Glass
  • Land / development rights / FSI / TDR / statutory approvals
  • Steel (TMT / structural)

Depends on the price of

  • aluminium
  • cement
  • steel

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Realty
Industry
Residential, Commercial Projects
Classification
Realty › Residential, Commercial Projects
ISIN
INE263M01029

News impact

Big market events that reach Keystone Realtors Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

23 May 2025unspecified₹1.5

Splits, bonuses & buybacks

  • daily-prices repair: 7 rows from NSE's archive (replace 2, delete 0, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.