Keystone Realtors Limited

BSE: 543669 NSE: RUSTOMJEE
Keystone Realtors Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L45200MH1995PLC094208 Incorporated 06 November 1995 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: RUSTOMJEE · BSE: 543669 Public Limited Company real estate and construction
Data last updated
Market Cap
₹4,238 Cr
RUSTOMJEE · NSE
Share Price
₹341.90
+1.91% today
Revenue
₹2,635 Cr
FY 2025-26 · +31.5% YoY
EBITDA
₹122 Cr
Margin 4.6%
Net Profit
₹78.86 Cr
FY 2025-26 · -54.1% YoY
P/E (TTM)
37.0x
P/B 1.6x
ROE
3.4%
ROCE 4.5%
Debt / Equity
0.43
Interest cover 75.9x

About Keystone Realtors Limited

Data last updated:

Keystone Realtors Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 November 1995 and has been in existence for over 31 years.

Its director Boman Rustom Irani is #1,113 among India's richest people (2026). Its director Percy Sorabji Chowdhry is #1,673 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45200MH1995PLC094208. Its GSTIN is 27AAACK2499Q1ZS (Maharashtra). Its shares are listed on BSE: 543669 and NSE: RUSTOMJEE.

The company has an authorised share capital of ₹428.43 Cr and a paid-up capital of ₹126.32 Cr. It was formerly known as Keystone Realtors Private Limited. It is led by directors including Boman Rustom Irani (Managing Director) and Ramesh Tainwala.

Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 702 Natraj Mv Road Junction Western Express Highway Andheri (East), Mumbai, Maharashtra, India – 400069.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,634.54 Cr, a growth of 31.5% compared to the previous year. For the same year it recorded a net profit of ₹78.86 Cr (net margin 3%) and EBITDA of ₹122.11 Cr (EBITDA margin 4.6%). The net worth stands at ₹2,863.87 Cr (up 3.3% YoY). Total assets are valued at ₹4,586.85 Cr (up 17.7% YoY).

The company has about 345 employees on its provident fund (EPFO) records. Its group structure includes 40 subsidiaries and 4 joint ventures.

The company is associated with 1 brand: Rustomjee. As per MCA filings, the company has open charges of ₹1,342.71 Cr and satisfied charges of ₹6,060.84 Cr on record. Court records list 261 cases involving the company, including 81 filed by the company and 180 filed against it; 99 cases are pending. The company has 13 deals on record (6 secondary share transfers, 2 convertible or debt financings, 2 funding rounds), with disclosed funding of ₹404.99 Cr; the latest was in May 2024. The company has 13 MSME Form 1 returns on record between 2014 and 2023, listing 927 overdue payments to 69 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rustomjee.com.

Company Details of Keystone Realtors Limited
CIN L45200MH1995PLC094208
Registration Number 094208
Incorporation Date 06 November 1995
ROC Mumbai
Listing Status Listed (BSE: 543669, NSE: RUSTOMJEE)
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN History

Keystone Realtors has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45200MH1995PLC094208, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L45200MH1995PLC094208Current
U45200MH1995PTC094208Previous
U45200MH1995PLC094208Previous
Key People
Boman Rustom Irani Managing Director Ramesh Tainwala Director Rahul Gautam Divan Director

Recognitions & Rankings of Keystone Realtors

India's Most Valuable Companies 2022 edition · Source: Hurun India
Rank#479
Valuation
₹6,300 Cr
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    rustomjee.com
  • Social Media
  • Registered Address
    702 Natraj Mv Road Junction Western Express Highway Andheri (East), Mumbai, Maharashtra, India – 400069
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
Comprehensive company report
Keystone Realtors Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
  • One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Unlock the full report on Keystone Realtors

Financials, compliance, directors, charges, ownership and filings for Keystone Realtors Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands

Keystone Realtors operates one associated brand: Rustomjee. Each brand links to its own profile.

BrandDescriptionWebsite
Rustomjee
Developer of residential and commercial properties, including townships and villa plotsrustomjee.com

Business Activity

The main business activity of Keystone Realtors is real estate. In detail, this covers real estate activities with own or leased property.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
LReal EstateL1Real estate activities with own or leased propertyLocked
Premium access

Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Financials of Keystone Realtors Limited

FY 2025-26 filings available

Keystone Realtors Limited reported revenue of ₹2,634.54 Cr (up 31.5% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹2,635 Cr
+31.5% YoY
EBITDA
₹122 Cr
-40.2% YoY
Profit After Tax
₹78.86 Cr
-54.1% YoY
Net Worth
₹2,864 Cr
+3.3% YoY
Total Assets
₹4,587 Cr
+17.7% YoY
Total Debt
₹1,483 Cr
+59.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,6352,0042,2226861,2698491,211
Revenue growth+31.5%-9.8%+224.1%-46.0%+49.6%-29.9%-
EBITDA122204110104178102136
EBITDA margin+4.6%+10.2%+4.9%+15.1%+14.0%+12.1%+11.2%
Profit before tax11025714410818429063.26
Net profit78.8617211281.9514031122.01
Net profit margin+3.0%+8.6%+5.1%+12.0%+11.0%+36.6%+1.8%
EPS (₹)6.2513.649.857.2013.9631.042.20
Balance sheet
Total assets4,5873,8993,0762,9102,7252,2672,908
Net worth2,8642,7731,7981,669933801427
Total debt1,4839301,1011,0301,5631,2202,514
Cash & bank882846366412234283392
Net working capital3,5052,9492,1382,0851,9781,5202,424
Cash flow
Cash from operations(509)(11.39)183306(110)642351
Cash from investing(78.77)(64.91)(278)26.66(138)(235)(200)
Cash from financing418484(38.30)(30.19)154(609)171
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue4701,596266499273585464533
Revenue growth (YoY)+72.2%+172.9%-42.6%-6.3%-35.3%---
Other income24.0524.5327.7821.6215.5257.3521.8023.15
EBITDA82.2081.499.8514.9811.6747.6337.5177.78
EBITDA margin+17.5%+5.1%+3.7%+3.0%+4.3%+8.1%+8.1%+14.6%
Depreciation5.365.803.893.994.185.652.662.53
Interest30.5732.9423.2615.727.1612.7111.9610.03
Profit before tax70.3267.2810.4816.8915.8586.6244.6988.37
Tax17.953.635.407.00(0.48)19.6714.7122.82
Net profit52.3763.655.089.8916.3366.9529.9865.55
EPS (₹)4.184.120.270.671.145.091.185.30
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue6685511,010328851530267
Revenue growth+21.4%-45.5%+208.0%-61.5%+60.5%+98.8%-
EBITDA(79.27)(20.75)44.8576.9310971.55(2.66)
EBITDA margin-11.9%-3.8%+4.4%+23.5%+12.9%+13.5%-1.0%
Profit before tax49.1212914514615672.0252.68
Net profit28.7977.0810210912039.8837.63
Net profit margin+4.3%+14.0%+10.1%+33.3%+14.1%+7.5%+14.1%
EPS (₹)3.237.419.799.5912.003.993.75
Balance sheet
Total assets3,3442,9902,4762,0711,6381,4271,380
Net worth2,5872,5341,6371,515708588549
Total debt656374758458813732754
Cash & bank50154319834611218048.13
Net working capital2,6892,4001,9411,3789698411,016
Cash flow
Cash from operations(347)(177)22895.3314.5435179.55
Cash from investing(41.30)133(840)(90.50)(108)(126)53.77
Cash from financing2223364292751.77(129)(108)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue88.8721055.7133568.4332534.6862.99
Revenue growth (YoY)+29.9%-35.5%+60.6%+431.3%-46.5%---
Other income37.0338.2329.5657.6253.5762.0245.9953.93
Total expenses10021380.9235210129765.8884.58
EBITDA(11.15)(3.31)(25.21)(17.83)(32.92)27.49(31.20)(21.59)
EBITDA margin-12.5%-1.6%-45.3%-5.3%-48.1%+8.5%-90.0%-34.3%
Depreciation4.314.023.413.363.985.062.532.38
Interest12.1212.3012.216.594.728.179.9411.67
Profit before tax9.4518.60(11.27)29.8411.9576.282.3218.29
Tax2.854.95(2.60)7.70(1.65)21.330.774.79

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue4701,596266499273585464533
Revenue growth (YoY)+72.2%+172.9%-42.6%-6.3%-35.3%---
Other income24.0524.5327.7821.6215.5257.3521.8023.15
EBITDA82.2081.499.8514.9811.6747.6337.5177.78
EBITDA margin+17.5%+5.1%+3.7%+3.0%+4.3%+8.1%+8.1%+14.6%
Depreciation5.365.803.893.994.185.652.662.53
Interest30.5732.9423.2615.727.1612.7111.9610.03
Profit before tax70.3267.2810.4816.8915.8586.6244.6988.37
Tax17.953.635.407.00(0.48)19.6714.7122.82
Net profit52.3763.655.089.8916.3366.9529.9865.55
EPS (₹)4.184.120.270.671.145.091.185.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,6352,0042,2226861,2698491,211
Revenue growth+31.5%-9.8%+224.1%-46.0%+49.6%-29.9%-
Other income85.3311782.3144.4833.6032957.38
Total expenses2,5121,8002,1135821,0927461,075
Employee cost26221515289.0158.3357.69106
EBITDA122204110104178102136
EBITDA margin+4.6%+10.2%+4.9%+15.1%+14.0%+12.1%+11.2%
Depreciation17.8613.247.314.643.461.512.18
Interest79.0851.4840.0835.9623.34140128
Profit before tax11025714410818429063.26
Tax15.5568.8533.4328.2248.5557.7048.77
Net profit78.8617211281.9514031122.01
Net profit margin+3.0%+8.6%+5.1%+12.0%+11.0%+36.6%+1.8%
EPS (₹)6.2513.649.857.2013.9631.042.20
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital127127114114100100100
Reserves & surplus2,6842,6091,6671,549833701327
Shareholders' funds (net worth)2,8642,7731,7981,669933801427
Minority interest31.1212.60(3.58)17.3230.5122.93(147)
Secured loans7553167654527738481,234
Unsecured loans7296133365797903721,280
Total debt1,4839301,1011,0301,5631,2202,514
Total liabilities4,5873,8993,0762,9102,7252,2672,908
Assets
Gross block44043840454.6345.9438.57207
Net block36637535539.3933.2629.47195
Capital work in progress0.000.000.000.000.000.390.02
Investments5464844566425755955.18
Inventories3,6693,8613,7102,5702,2542,1932,765
Sundry debtors33983.4510561.6411436.7063.90
Cash & bank balances882846366412234283392
Loans & advances737848812646528396710
Total current assets5,6285,6384,9933,6903,1302,9083,932
Total current liabilities2,1232,6892,8551,6051,1521,3881,507
Net working capital3,5052,9492,1382,0851,9781,5202,424
Total assets4,5873,8993,0762,9102,7252,2672,908
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash63823036259.7215335532.38
Net cash from operating activities(509)(11.39)183306(110)642351
Net cash from investing activities(78.77)(64.91)(278)26.66(138)(235)(200)
Net cash from financing activities418484(38.30)(30.19)154(609)171
Net change in cash(169)408(132)303(93.25)(202)323
Closing cash882846366412234283392
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+31.5%-9.8%+224.1%-46.0%+49.6%-29.9%-
EBITDA growth-40.3%+86.6%+5.5%-41.5%+73.7%-24.9%-
PBT growth-57.0%+77.9%+34.1%-41.6%-36.3%+357.7%+9997.0%
Net income growth-54.1%+53.3%+36.9%-41.3%-55.0%+1310.8%-
Revenue CAGR (3Y)+56.6%+16.4%+37.8%-17.3%---
EBITDA CAGR (3Y)+5.6%+4.8%+2.3%-8.7%---
Profitability & leverage
Net income margin+3.6%+9.4%+5.0%+11.6%+10.7%+27.3%+1.2%
Return on capital employed+4.5%+8.9%+6.2%+5.1%+8.4%+16.0%+6.1%
Return on net worth+3.4%+8.2%+6.4%+6.1%+15.7%+35.5%+2.9%
Debt / equity0.430.440.611.001.613.045.88
Long-term debt / equity0.130.200.230.200.351.152.75
Interest cover75.8626.9439.2136.2513.41138.7295.61
Efficiency & per share
Fixed asset turnover6.004.769.6813.6430.046.905.84
Inventory turnover0.700.530.710.280.570.340.44
Debtors turnover12.4721.3026.717.8316.8916.8718.96
EPS (₹)6.2513.649.857.2013.9631.042.20
Dividend per share (₹)0.001.500.000.000.000.000.00
Book value per share (₹)222.59217.01156.37146.0593.2480.0742.72
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue88.8721055.7133568.4332534.6862.99
Revenue growth (YoY)+29.9%-35.5%+60.6%+431.3%-46.5%---
Other income37.0338.2329.5657.6253.5762.0245.9953.93
Total expenses10021380.9235210129765.8884.58
EBITDA(11.15)(3.31)(25.21)(17.83)(32.92)27.49(31.20)(21.59)
EBITDA margin-12.5%-1.6%-45.3%-5.3%-48.1%+8.5%-90.0%-34.3%
Depreciation4.314.023.413.363.985.062.532.38
Interest12.1212.3012.216.594.728.179.9411.67
Profit before tax9.4518.60(11.27)29.8411.9576.282.3218.29
Tax2.854.95(2.60)7.70(1.65)21.330.774.79
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue6685511,010328851530267
Revenue growth+21.4%-45.5%+208.0%-61.5%+60.5%+98.8%-
Other income17920513982.8374.7158.89104
Total expenses748571966251742459270
Employee cost16412910056.8442.3317.9455.43
EBITDA(79.27)(20.75)44.8576.9310971.55(2.66)
EBITDA margin-11.9%-3.8%+4.4%+23.5%+12.9%+13.5%-1.0%
Depreciation14.7712.276.804.313.381.101.47
Interest35.8243.4231.649.4824.6557.3247.03
Profit before tax49.1212914514615672.0252.68
Tax8.4035.2333.5936.7436.0232.1415.18
Net profit28.7977.0810210912039.8837.63
Net profit margin+4.3%+14.0%+10.1%+33.3%+14.1%+7.5%+14.1%
EPS (₹)3.237.419.799.5912.003.993.75
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital126126114114100100100
Reserves & surplus2,4612,4081,5231,401608488449
Shareholders' funds (net worth)2,5872,5341,6371,515708588549
Secured loans526237629127752485742
Unsecured loans13013612933161.2724712.17
Total debt656374758458813732754
Total liabilities3,3442,9902,4762,0711,6381,4271,380
Assets
Gross block89.9091.8663.1651.9844.5035.3637.02
Net block55.0565.4748.9338.0932.7429.0229.73
Capital work in progress0.000.000.000.000.000.390.01
Investments523468417584553484236
Inventories1,2891,2901,0571,5101,2271,4461,638
Sundry debtors64.9121.7712.3940.0473.9720.6231.27
Cash & bank balances50154319834611218048.13
Loans & advances1,5181,4521,513631412335458
Total current assets3,3723,3072,7812,5271,8251,9812,176
Total current liabilities6839078401,1508551,1411,159
Net working capital2,6892,4001,9411,3789698411,016
Total assets3,3442,9902,4762,0711,6381,4271,380
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash42713531737.3612932.316.63
Net cash from operating activities(347)(177)22895.3314.5435179.55
Net cash from investing activities(41.30)133(840)(90.50)(108)(126)53.77
Net cash from financing activities2223364292751.77(129)(108)
Net change in cash(166)292(182)280(91.90)96.9525.67
Closing cash50154319834611218048.13
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+21.4%-45.5%+208.0%-61.5%+60.5%+98.8%-
EBITDA growth-282.0%-146.3%-41.7%-29.7%+52.9%+2789.9%-
PBT growth-61.8%-11.3%-0.6%-6.5%+116.7%+36.7%-59.6%
Net income growth-62.7%-24.6%-6.4%-9.0%+201.1%+6.0%-
Revenue CAGR (3Y)+26.8%-13.5%+24.0%+7.1%-15.6%+24.8%-
EBITDA CAGR (3Y)---14.4%--7.7%--
Profitability & leverage
Net income margin+6.1%+17.0%+11.0%+33.3%+14.1%+7.5%+14.1%
Return on capital employed+2.4%+5.8%+7.8%+8.4%+11.8%+9.2%+7.5%
Return on net worth+1.1%+3.7%+7.1%+9.8%+18.5%+7.0%+7.1%
Debt / equity0.200.270.390.571.191.311.43
Long-term debt / equity0.110.180.170.030.090.220.19
Interest cover-38.09-131.5083.1513.0523.2581.36-1,138.74
Efficiency & per share
Fixed asset turnover7.367.1017.556.8021.3214.667.19
Inventory turnover0.520.470.790.240.640.340.17
Debtors turnover15.4232.2438.545.7518.0020.452.80
EPS (₹)3.237.419.799.5912.003.993.75
Dividend per share (₹)0.001.500.000.000.000.000.00
Book value per share (₹)204.94201.03143.77133.0570.8058.7854.88
Want more history and ratios?
You're viewing the latest exchange-filed financials for Keystone Realtors Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Board of Directors of Keystone Realtors Limited

Keystone Realtors has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Boman Rustom Irani
Also directs: Dreamz Dwellers LLP, Megacorp Constructions LLP, Kapstar Realty LLP and 5 more
Managing Director11 May 20224 Years 5 MonthsCurrent
Ramesh Tainwala
Also directs: Kwina Wellness LLP, Tainwala Chemicals and Plastics (India) Ltd, Ocm Private Limited and 5 more
Director11 May 20224 Years 5 MonthsCurrent
Rahul Gautam Divan
Also directs: The Ruby Mills Limited, Serendib Investments Pvt Ltd, Baltic Consultancy and Services Private Limited and 1 more
Director11 May 20224 Years 5 MonthsCurrent
Percy Chowdhry
Also directs: Dreamz Dwellers LLP, Kapstone Constructions Private Limited, Riverstone Educational Academy Private Limited and 5 more
Director11 May 20224 Years 5 MonthsCurrent
Chandresh Dinesh Mehta
Also directs: Dreamz Dwellers LLP, Kapstone Constructions Private Limited, Riverstone Educational Academy Private Limited and 5 more
Director11 May 20224 Years 5 MonthsCurrent
Seema Pyari Mohan Mohapatra
Also directs: Ten Years Younger Productions LLP
Director11 May 20224 Years 5 MonthsCurrent
View all directors

Auditor Details

Keystone Realtors Limited is audited by Price Waterhouse Char tered Accountants LLP for the financial year 2024.

NameStatusAppointment DateCessation Date
Price Waterhouse Char tered Accountants LLPLockedLockedLocked

Complete auditor history: available in the company report

Shareholding Pattern

Shareholding for the quarter ended Sep 2026: promoters hold 74.60%, foreign institutional investors hold 2.40%, domestic institutional investors hold 16.30% and retail and other public shareholders hold 6.70%.

Promoters: 74.60%DII (Domestic Institutional): 16.30%FII (Foreign Institutional): 2.40%Retail & Others: 6.70%
Sep 2026
QUARTER
74.60% Promoters
16.30% DII (Domestic Institutional)
2.40% FII (Foreign Institutional)
6.70% Retail & Others
Promoter holding - history
Now 74.60% · Sep 2026High 78.20% · Dec 2025Low 74.60% · Mar 2026
73%74.8%76.5%78.3%80%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 78.20%Mar 2026: 74.60%Jun 2026: 74.60%Sep 2026: 74.60%78.20%74.60%74.60%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters74.60%74.60%74.60%78.20%
Public25.40%25.40%25.40%21.80%

Charges & Borrowings

Open charges
₹1,342.71 Cr
Satisfied charges
₹6,060.84 Cr
Breakdown by lending institutions
Others₹1,225.00 Cr
Central Bank of India₹60.00 Cr
Tata Capital Housing Finance Limited₹35.00 Cr
Hdfc Bank Ltd.₹9.50 Cr
The Zoroastrian Co-Operative Bank Limited₹7.00 Cr
Others₹6.21 Cr
Latest charge details
DateLenderAmountStatus
10 Sep 2026Others₹135 CrOpen
02 Sep 2026Others₹110 CrOpen
19 Jun 2026Others₹75 CrOpen
25 Sep 2025Others₹335 CrOpen
23 Jun 2025Others₹95 CrOpen

Total charge records: 75 View all charges

Deals & Funding

Keystone Realtors Limited has 13 deals on record (6 secondary share transfers, 2 convertible or debt financings, 2 funding rounds), with disclosed funding of ₹404.99 Cr; the latest was in May 2024.

Total deals
13
Secondary share transfers
6
Convertible or debt financings
2
Funding rounds
2
Market trade
1
Disclosed funding
₹404.99 Cr

Deals on record (5 of 13)

WhenDealAmountParties
Nov 2022Market trade₹94.91 CrBuyer: Plutus Wealth Management LLP
Nov 2022IPO₹635 CrInvestors: IPO Shareholders - Keystone Realtors Limited, Abu Dhabi Investment Authority, Morgan Stanley Investment Management Inc A/c Morgan Stanley India Investment Fund Inc
Seller: 3 individuals
May 2022Funding round₹170 CrInvestors: HDFC Private Equity, 360 ONE (IIFL Asset Management), Mahima Stocks Private Limited
Nov 2013Secondary share transferUndisclosedBuyer: Intime Constructions Private Limited
Seller: Mausmi Ventures Limited, Mausmi Sa Investments Llc
Mar 2010Secondary share transferUndisclosedBuyer: 3 individuals
Seller: Rustomjee Knowledge City Private Limited, Credence Property Developers Private Limited

Full deal history: available in the company report

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays

Keystone Realtors Limited has 13 MSME Form 1 returns on record between 2014 and 2023, listing 927 overdue payments to 69 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 69)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
Innovative Ideals and Services (India) Limited••••••••••••
Creative Animation Studio••••••••••••
Express Pesticides Private Limited••••••••••••
Aseen Power Private Limited••••••••••••

Full MSME payment history: available in the company report

Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance

Keystone Realtors Limited has a workforce of 345 employees as of Jul 23, 2024.

Employee count
345
Active EPFO establishments
1
Employee growth
40.24%

Employee and EPFO history: available in the company report

Group Structure

Keystone Realtors has 40 subsidiary companies, 4 joint ventures, and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

40
Subsidiary companies
4
Joint ventures
1
Associated companies
Key Subsidiaries
Company NameCINShares Held
Key Fortune Relators Private LimitedU43299MH2024PTC417160-
Firestone Developers Private LimitedU45200MH2007PTC169949-
Intact Builders Private LimitedU45200MH2008PTC180637-
Amaze Builders Private LimitedU45200MH2008PTC180772-
Real Gem Buildtech Private LimitedU45202MH2009PTC193816-
Dynasty Infrabuilders Private LimitedU45203MH2008PTC178835-

Showing major subsidiaries. Total: 40.

Recent Activity

Keystone Realtors Limited has 8 board changes on record since 2013: 8 appointments. The latest: Boman Rustom Irani was appointed as Managing Director on 11 May 2022.

Charges
A charge with Others amounted to Rs. 135.00 Cr with Charge ID 101393572 was registered on 10 Sep 2026.
Charges
A charge with Others of Rs. 135.00 Cr registered on 10 Sep 2026 with Charge ID 101393572 was modified on 10 Sep 2026.
Charges
A charge registered on 19 Nov 2024 via Charge ID 101010752 with Others was fully satisfied on 09 Sep 2026.
Charges
A charge with Others amounted to Rs. 110.00 Cr with Charge ID 101393700 was registered on 02 Sep 2026.
Charges
A charge with Others of Rs. 75.00 Cr registered on 19 Jun 2026 with Charge ID 101315421 was modified on 24 Jun 2026.
Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 101315421 was registered on 19 Jun 2026.
Charges
A charge with Others amounted to Rs. 335.00 Cr with Charge ID 101175339 was registered on 25 Sep 2025.
AGM
Keystone Realtors Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Charges
A charge registered on 07 Nov 2023 via Charge ID 100807033 with Others was fully satisfied on 16 Sep 2025.
Charges
A charge with Others amounted to Rs. 95.00 Cr with Charge ID 101127863 was registered on 23 Jun 2025.
Filing
Keystone Realtors Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 135.00 Cr with Charge ID 101010752 was registered on 19 Nov 2024.

153 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts

Credit ratings, litigation, and regulatory alerts: available in the company report

Subsidiaries & Group Companies

Corporate group structure: available in the company report

GST Compliance

Keystone Realtors has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACK2499Q1ZSMaharashtraActive01 Jul 2017

GST registrations and filing compliance: available in the company report

MCA Filings & Documents

MCA filings and documents: available in the company report

Related news

Keystone Realtors: Achieves Record Quarterly Pre-Sales Of Rs. 14.23B In Q2FY27, Up 84% YoY; H1FY27 Pre-Sales Reached Rs. 20.41B With 11% YoY Growth; New Project Launches Contributing 0.54M SQ FT And GDV Of Rs. 21.96B; 3 RERA Projects Completed Ahead Of Schedule.
08 Oct 2026 · Exchange Update
Keystone Realtors: Achieves 41% Of Full Year FY27 Pre-Sales Target In First Half, Driven By Strong Performance In Luxury And Super Premium Projects.
08 Oct 2026 · Exchange Update
Keystone Realtors: Starts Two Projects Worth INR 21.96 Billion In Q2FY27, Including A Commercial Project That Aids In Growing Our Long-Term Annuity Cash Flow.
08 Oct 2026 · Exchange Update

From our blog

Frequently Asked Questions

Keystone Realtors is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 November 1995 (31+ years old) and is registered under CIN L45200MH1995PLC094208. Listed on BSE: 543669 and NSE: RUSTOMJEE.

Keystone Realtors reported revenue of ₹2,634.54 Cr for FY 2025-26 (up 31.5% YoY) based on consolidated financials.

Keystone Realtors has 6 current directors:

The latest financial statements of Keystone Realtors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Keystone Realtors is 27AAACK2499Q1ZS, registered in Maharashtra.

The CIN (Corporate Identification Number) of Keystone Realtors is L45200MH1995PLC094208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Keystone Realtors is listed on both BSE (code: 543669) and NSE (symbol: RUSTOMJEE).

Keystone Realtors has 261 court cases on record: 81 filed by the company and 180 filed against it. 99 are pending. Most are in the high courts.

Keystone Realtors was incorporated on 06 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.

Keystone Realtors has 13 deals on record (6 secondary share transfers, 2 convertible or debt financings, 2 funding rounds), with disclosed funding of ₹404.99 Cr; the latest was in May 2024.

Boman Rustom Irani was appointed as Managing Director on 11 May 2022. Chandresh Dinesh Mehta was appointed as Director on 11 May 2022. Percy Chowdhry was appointed as Director on 11 May 2022. Keystone Realtors has 8 board changes on record in total.

7M+ Indian companies. One platform.

Financials, directors, compliance, charges and shareholding - compiled from official filings and updated regularly.

Subscription plans available