| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 470 | 273 | +72.2% |
| EBITDA | 82.2 | 13.7 | +498.7% |
| EBITDA margin | 17.5% | 5.0% | +12.5 pts |
| Profit before tax | 69.2 | 17.9 | +286.6% |
| Net profit | 52.4 | 16.3 | +220.7% |
| EPS | ₹4.21 | ₹1.15 | +266.1% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 |
|---|
| 4,223 | — | — | — | — | |
| 472 | 472 | 646 | 234 | 367 | |
| 31.1 | 31.1 | 12.6 | −3.6 | 17.3 | |
| 1,463 | 1,463 | 904 | 1,085 | 1,030 | |
| 5,245 | — | — | — | — | |
| 2,832 | 2,635 | 2,004 | 2,222 | 686 | |
| — | +31.5% | −9.8% | +224.1% | — | |
| 191 | 122 | 215 | 110 | 104 | |
| 6.7% | 4.6% | 10.7% | 4.9% | 15.1% | |
| 172 | 104 | 202 | 102 | 99.2 | |
| 131 | 95.0 | 188 | 111 | 79.5 | |
| 4.6% | 3.6% | 9.4% | 5.0% | 11.6% | |
| ₹10.38 | ₹7.52 | ₹13.62 | ₹8.89 | ₹6.49 | |
| — | −44.8% | +53.2% | +36.9% | — | |
| — | −509 | −11.4 | 183 | 306 | |
| — | −8.6 | −19.3 | −4.6 | −6.8 | |
| −518 | −518 | −30.7 | 179 | 299 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 4,222.7 | |
| - Cash, Equiv & ST Investments | 366.8 | 233.8 | 645.5 | 472.0 | 472.0 | |
| + Minority Interest | 17.3 | -3.6 | 12.6 | 31.1 | 31.1 | |
| + Total Debt | 1,030.3 | 1,084.9 | 904.5 | 1,463.4 | 1,463.4 | |
| Enterprise Value | — | — | — | — | 5,245.3 | |
| Revenue | 685.7 | 2,222.3 | 2,004.1 | 2,634.5 | 2,831.7 | |
| Growth %, YoY | — | +224.1 | -9.8 | +31.5 | — | |
| EBITDA | 103.8 | 109.5 | 215.3 | 122.1 | 190.6 | |
| Margin % | 15.14 | 4.93 | 10.74 | 4.63 | 6.73 | |
| EBIT | 99.2 | 102.2 | 202.1 | 104.3 | 171.5 | |
| Net Income | 79.5 | 111.0 | 188.1 | 95.0 | 131.0 | |
| Margin % | 11.59 | 5.00 | 9.39 | 3.60 | 4.63 | |
| EPS, Adj (current shares) | 6.49 | 8.89 | 13.62 | 7.52 | 10.38 | |
| Growth %, YoY | — | +36.9 | +53.2 | -44.8 | — | |
| Cash from Operations | 306.2 | 183.4 | -11.4 | -509.1 | — | |
| Capital Expenditures | -6.8 | -4.6 | -19.3 | -8.6 | — | |
| Free Cash Flow | 299.4 | 178.8 | -30.7 | -517.6 | -517.6 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Keystone Realtors (NSE: RUSTOMJEE) had a market capitalisation of ₹4,267 crore at the 30 October 2026 close (₹338.00 a share), a PE ratio of 33.3 on the last four quarters' profit and a price-to-book ratio of 1.49. In FY26 its consolidated net profit was ₹95 crore on revenue of ₹2,635 crore; in Q1 FY27 (April–June 2026) it was ₹52.4 crore, up 260.9% year on year. Its debt-to-equity ratio was 0.51 on 31 March 2026. Promoters held 74.54% of the shares on 30 September 2026.
Keystone Realtors' PE ratio is 33.3 at the 30 October 2026 close (₹338.00 a share): a market capitalisation of ₹4,267 crore divided by consolidated net profit of ₹128 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹95 crore) it is 44.9.
Keystone Realtors' debt-to-equity ratio was 0.51 on 31 March 2026: borrowings of ₹1,463 crore against total equity of ₹2,894 crore. A year earlier, on 31 March 2025, it was 0.32.
Keystone Realtors' net worth — shareholders' equity in its consolidated balance sheet — was ₹2,863 crore on 31 March 2026, up 3.3% from ₹2,772 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹4,267 crore at the 30 October 2026 close.
Keystone Realtors' price-to-book (PB) ratio is 1.49 at the 30 October 2026 close: a market capitalisation of ₹4,267 crore divided by shareholders' equity (book value) of ₹2,863 crore on 31 March 2026. That is a book value of ₹226.82 per share against a share price of ₹338.00.
In FY26, Keystone Realtors' return on equity (ROE) was 3.4% and its return on capital employed (ROCE) was 3.0%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 7.5% and ROCE 6.8%.
Keystone Realtors' book value per share was ₹226.82 on 31 March 2026: shareholders' equity of ₹2,863 crore divided by the 12.62 crore shares in issue, up 3.1% from ₹219.95 a year earlier. The share price at the 30 October 2026 close was ₹338.00.
Keystone Realtors' market capitalisation was ₹4,267 crore at the 30 October 2026 close: 12.62 crore shares at ₹338.00 each.
No. Keystone Realtors had borrowings of ₹1,463 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.51. Its cash and current investments were ₹886 crore, so its net debt was ₹577 crore.
Keystone Realtors' basic earnings per share (EPS) were ₹6.25 in FY26, against ₹13.85 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹9.31.
Promoters held 74.54% of Keystone Realtors on 30 September 2026, down 0.05 percentage points from 74.59% the previous quarter and down 3.71 percentage points from 78.25% a year earlier, according to the shareholding pattern filed with NSE.
Keystone Realtors' latest results are for Q1 FY27 (April–June 2026), filed on 4 August 2026: consolidated net profit ₹52.4 crore, up 260.9% from ₹14.5 crore in Q1 FY26; revenue from operations ₹470 crore, up 72.2% year on year.
In FY26 (April 2025–March 2026), Keystone Realtors' consolidated net profit was ₹95 crore, down 44.8% from ₹172 crore in FY25, on revenue from operations of ₹2,635 crore (up 31.5%). Over three years, from FY23, net profit was up 15.9%.
On 30 September 2026, Keystone Realtors' shares were held by promoters 74.54%, foreign portfolio investors (FII/FPI) 2.44%, domestic institutions (DII) 16.28% (including mutual funds at 8.29%) and retail and other non-institutional investors 6.74%. Over the year, FII holding was down 0.63 percentage points from 3.07% and DII holding was up 0.52 percentage points from 15.76%.
On FY26 consolidated figures, against Man Infraconstruction, Kalpataru and Kolte - Patil Developers: Keystone Realtors' operating margin of 4.0% is the second highest of the four (Man Infraconstruction 18.5%, Kalpataru 2.2%, Kolte - Patil Developers −10.5%; peer average 3.4%); its return on equity of 3.4% is the second highest of the four (Man Infraconstruction 10.5%, Kalpataru 2.8%, Kolte - Patil Developers −3.8%; peer average 3.2%).
In FY26, Keystone Realtors earned net profit of ₹95 crore on revenue of ₹2,635 crore, against ₹211 crore on ₹630 crore for Man Infraconstruction. Keystone Realtors' operating margin was 4.0% (Man Infraconstruction 18.5%) and its return on equity 3.4% (Man Infraconstruction 10.5%). At the 30 October 2026 close, Keystone Realtors' market capitalisation was ₹4,267 crore against ₹4,311 crore for Man Infraconstruction, and its PE ratio on FY26 profit 44.9 against 20.4.
In FY26, Keystone Realtors generated ₹509 crore of cash from operations and spent ₹8.6 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹518 crore. In FY25 it was −₹30.7 crore.
Keystone Realtors will announce its Q2 FY27 results (July–September 2026) on Wednesday, 4 November 2026, the date of the board meeting it has notified to the exchanges.
From Keystone Realtors' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.