About Keystone Realtors Limited
Data last updated: 10 January 2026
Keystone Realtors Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 06 November 1995, the company has been in operation for over 31 years.
Registered with ROC Mumbai under CIN L45200MH1995PLC094208. Listed on BSE: 543669.
Capital: an authorised share capital of ₹428.43 Cr and a paid-up capital of ₹126.23 Cr. Formerly known as Keystone Realtors Private Limited. It is led by directors including Sajal Gupta and Ramesh Dungarmal Tainwala.
Last AGM: 18 September 2024. Financial statements filed for year ended 31 March 2024. Office: 702 Natraj Mv Road Junction Western Express Highway Andheri (East), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2024, the company reported a revenue of ₹2,275.63 Cr, reflecting significant growth compared to the previous year.
The company has a workforce of approximately 345 employees as per the latest available data. 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 ₹1,157.71 Cr and satisfied charges of ₹5,925.84 Cr on record.
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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered Address702 Natraj Mv Road Junction Western Express Highway Andheri (East), Mumbai, Maharashtra, India – 400069
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Keystone Realtors Limited
Keystone Realtors Limited 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.
| CIN | Status |
|---|---|
| L45200MH1995PLC094208 | Current |
| U45200MH1995PTC094208 | Previous |
| U45200MH1995PLC094208 | Previous |
Associated Brands with Keystone Realtors Limited
Keystone Realtors Limited operates one associated brand: Rustomjee. These brands represent Keystone Realtors Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Developer of residential and commercial properties, including townships and villa plots | rustomjee.com |
Competitors & Alternatives of Keystone Realtors Limited
Brands and companies operating in the same space as Keystone Realtors Limited include Godrej Properties, Vingroup, DLF India and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Residential and commercial properties are developed by Godrej Properties. | Mumbai, India, India | 1990 |
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Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam, Vietnam | 1993 |
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Provider of property and real estate development services | Gurugram, India, India | 1947 |
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Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia, Australia | 1958 |
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Residential and commercial properties are developed and managed across regions. | Singapore, Singapore, Singapore | 1924 |
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Residential and commercial real estate development is conducted by Sunac. | Shanghai, China, China | 2003 |
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Developer of residential and commercial real estate properties | Mumbai, India, India | 1980 |
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Real estate properties are developed in over 50 cities. | Shenzhen, China, China | 1984 |
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Eiffage is engaged in construction, energy, and infrastructure concessions. | Paris, France, France | 1920 |
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Real estate development and management services are provided globally. | Singapore, Singapore, Singapore | 1963 |
Business Activity of Keystone Realtors Limited
Keystone Realtors Limited is engaged in the principal business activity of real estate, with detailed activities including real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | ********* |
Auditor Details of Keystone Realtors Limited
Keystone Realtors Limited is audited by Price Waterhouse Chartered Accountants LLP (ICAI peer reviewed, certificate valid till 2026-11-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP (ICAI peer reviewed, certificate valid till 2026-11-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Keystone Realtors Limited
Keystone Realtors Limited is currently managed by 9 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Sajal Gupta
Also directs:
Keystone Realtors Limited, 2S-Square Ventures Llp
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Cfo | 06 May 2022 | 4 Years 2 Months | Current |
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Ramesh Dungarmal Tainwala
Also directs:
Keystone Realtors Limited, Tainwala Chemicals And Plastics (India) Ltd, Ocm Private Limited and 5 more
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Director | 11 May 2022 | 4 Years 1 Months | Current |
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Percy Chowdhry
Also directs:
Keystone Realtors Limited, Dreamz Dwellers Llp, Kapstone Constructions Private Limited and 5 more
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Director | 11 May 2022 | 4 Years 1 Months | Current |
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Chandresh Dinesh Mehta
Also directs:
Keystone Realtors Limited, Dreamz Dwellers Llp, Kapstone Constructions Private Limited and 5 more
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Director | 11 May 2022 | 4 Years 1 Months | Current |
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Rahul Gautam Divan
Also directs:
The Ruby Mills Limited, Keystone Realtors Limited, Serendib Investments Pvt Ltd and 2 more
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Director | 11 May 2022 | 4 Years 1 Months | Current |
| Boman Rustom Irani | Managing Director | 11 May 2022 | 4 Years 1 Months | Current |
Financials of Keystone Realtors Limited FY 2026 filings available
Keystone Realtors Limited reported revenue of ₹2,634.54 Cr (up 31.46% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Revenue from Operations | ₹2,634.54 Cr | ₹2,004.1 Cr | ₹2,222.25 Cr | ₹685.66 Cr |
| Other Income | ₹82.31 Cr | ₹117.34 Cr | ₹53.38 Cr | ₹39.24 Cr |
| Total Income | ₹2,716.85 Cr | ₹2,121.44 Cr | ₹2,275.63 Cr | ₹724.9 Cr |
| Cost of Materials Consumed | ₹1,886.54 Cr | ₹1,573.69 Cr | ₹1,063.08 Cr | ₹751.01 Cr |
| Purchases of Stock-in-Trade | ₹2 Cr | ₹23.16 Cr | ₹5.94 Cr | ₹0 |
| Changes in Inventories | ₹199.2 Cr | -₹150.49 Cr | ₹793.98 Cr | -₹313.3 Cr |
| Employee Benefit Expense | ₹163.3 Cr | ₹130.38 Cr | ₹97.79 Cr | ₹45.56 Cr |
| Finance Costs | ₹79.08 Cr | ₹51.48 Cr | ₹40.08 Cr | ₹35.96 Cr |
| Depreciation & Amortisation | ₹17.86 Cr | ₹13.24 Cr | ₹7.31 Cr | ₹4.64 Cr |
| Other Expenses | ₹261.39 Cr | ₹212.07 Cr | ₹151.92 Cr | ₹98.55 Cr |
| Total Expenses | ₹2,609.37 Cr | ₹1,853.53 Cr | ₹2,160.1 Cr | ₹622.42 Cr |
| Profit Before Exceptional Items & Tax | ₹107.48 Cr | ₹267.91 Cr | ₹115.53 Cr | ₹102.48 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹107.48 Cr | ₹267.91 Cr | ₹115.53 Cr | ₹102.48 Cr |
| Total Tax Expense | ₹15.55 Cr | ₹68.85 Cr | ₹33.43 Cr | ₹28.22 Cr |
| Net Profit | ₹94.95 Cr | ₹188.13 Cr | ₹111.03 Cr | ₹79.5 Cr |
| attributable to Owners | - | ₹171.96 Cr | ₹112.21 Cr | ₹81.95 Cr |
| attributable to NCI | - | ₹16.17 Cr | -₹1.18 Cr | -₹2.45 Cr |
| Other Comprehensive Income | -₹97 Lakh | -₹1.78 Cr | -₹95 Lakh | -₹12 Lakh |
| Total Comprehensive Income | ₹93.98 Cr | ₹186.35 Cr | ₹110.08 Cr | ₹79.38 Cr |
| EBITDA (computed) | ₹204.42 Cr | ₹332.63 Cr | ₹162.92 Cr | ₹143.08 Cr |
| Basic EPS | ₹6.25 | ₹13.85 | ₹9.85 | ₹7.67 |
| Diluted EPS | ₹6.21 | ₹13.71 | ₹9.82 | ₹7.67 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹6,722.57 Cr | ₹6,649.44 Cr | ₹5,971.65 Cr | ₹4,515.17 Cr |
| Non-current Assets | ₹1,090.69 Cr | ₹1,003.6 Cr | ₹974.51 Cr | ₹820.7 Cr |
| Current Assets | ₹5,631.88 Cr | ₹5,645.84 Cr | ₹4,997.14 Cr | ₹3,694.47 Cr |
| Property, Plant & Equipment | ₹21.79 Cr | ₹48.66 Cr | ₹27.88 Cr | ₹14.34 Cr |
| Inventories | ₹3,669.36 Cr | ₹3,860.54 Cr | ₹3,710.25 Cr | ₹2,570.35 Cr |
| Trade Receivables | ₹338.99 Cr | ₹83.45 Cr | ₹104.77 Cr | ₹61.64 Cr |
| Cash & Equivalents | ₹468.21 Cr | ₹637.54 Cr | ₹229.94 Cr | ₹362.34 Cr |
| Equity (Net Worth) | ₹2,894.44 Cr | ₹2,784.59 Cr | ₹1,794.18 Cr | ₹1,686.73 Cr |
| Equity Share Capital | ₹126.24 Cr | ₹126.03 Cr | ₹113.89 Cr | ₹113.88 Cr |
| Borrowings (Non-current) | ₹417.22 Cr | ₹258.69 Cr | ₹609.3 Cr | ₹105.67 Cr |
| Borrowings (Current) | ₹1,046.21 Cr | ₹645.79 Cr | ₹475.57 Cr | ₹924.58 Cr |
| Total Debt (computed) | ₹1,463.43 Cr | ₹904.48 Cr | ₹1,084.87 Cr | ₹1,030.25 Cr |
| Current Liabilities | ₹3,176.07 Cr | ₹3,340.06 Cr | ₹3,333.72 Cr | ₹2,529.67 Cr |
| Total Liabilities | ₹3,828.13 Cr | ₹3,864.85 Cr | ₹4,177.47 Cr | ₹2,828.44 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Operating Cash Flow | -₹509.05 Cr | -₹11.39 Cr | ₹183.41 Cr | ₹306.15 Cr |
| Investing Cash Flow | -₹78.77 Cr | -₹64.91 Cr | -₹277.51 Cr | ₹26.66 Cr |
| Financing Cash Flow | ₹418.49 Cr | ₹483.9 Cr | -₹38.3 Cr | -₹30.19 Cr |
| Capital Expenditure | ₹8.58 Cr | ₹19.3 Cr | ₹4.64 Cr | ₹6.77 Cr |
| Free Cash Flow (computed) | -₹517.63 Cr | -₹30.69 Cr | ₹178.77 Cr | ₹299.38 Cr |
| Dividends Paid | ₹18.9 Cr | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹169.33 Cr | ₹407.6 Cr | -₹132.4 Cr | ₹302.62 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,595.97 Cr | ₹266.17 Cr | ₹499.28 Cr | ₹273.12 Cr | ₹584.85 Cr | ₹464.02 Cr | ₹533.07 Cr | ₹422.16 Cr | ₹811.56 Cr | ₹520.69 Cr | ₹618.04 Cr | ₹271.96 Cr |
| Other Income | ₹17.39 Cr | ₹27.78 Cr | ₹21.62 Cr | ₹15.52 Cr | ₹57.35 Cr | ₹21.8 Cr | ₹23.15 Cr | ₹15.04 Cr | ₹14.59 Cr | ₹12.64 Cr | ₹15.29 Cr | ₹10.86 Cr |
| Total Income | ₹1,613.36 Cr | ₹293.95 Cr | ₹520.9 Cr | ₹288.64 Cr | ₹642.2 Cr | ₹485.82 Cr | ₹556.22 Cr | ₹437.2 Cr | ₹826.15 Cr | ₹533.33 Cr | ₹633.33 Cr | ₹282.82 Cr |
| Cost of Materials Consumed | ₹875.66 Cr | ₹422.54 Cr | ₹287.74 Cr | ₹300.6 Cr | ₹685.11 Cr | ₹329.56 Cr | ₹316.22 Cr | ₹242.8 Cr | ₹378.64 Cr | ₹329.52 Cr | ₹229.57 Cr | ₹125.35 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹2 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹23.16 Cr | ₹5.94 Cr | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹496.59 Cr | -₹257.04 Cr | ₹92.34 Cr | -₹132.69 Cr | -₹238.78 Cr | ₹3.68 Cr | ₹36.24 Cr | ₹48.37 Cr | ₹277.79 Cr | ₹124.11 Cr | ₹352.72 Cr | ₹39.36 Cr |
| Employee Benefit Expense | ₹45.59 Cr | ₹37.77 Cr | ₹39.55 Cr | ₹40.39 Cr | ₹37.99 Cr | ₹32.01 Cr | ₹32.07 Cr | ₹28.31 Cr | ₹32.02 Cr | ₹27.87 Cr | ₹22.11 Cr | ₹15.79 Cr |
| Finance Costs | ₹32.94 Cr | ₹23.26 Cr | ₹15.72 Cr | ₹7.16 Cr | ₹12.71 Cr | ₹11.96 Cr | ₹10.03 Cr | ₹16.78 Cr | ₹19.71 Cr | ₹7.12 Cr | ₹6.74 Cr | ₹6.51 Cr |
| Depreciation & Amortisation | ₹5.8 Cr | ₹3.89 Cr | ₹3.99 Cr | ₹4.18 Cr | ₹5.65 Cr | ₹2.66 Cr | ₹2.53 Cr | ₹2.4 Cr | ₹2.6 Cr | ₹1.65 Cr | ₹1.63 Cr | ₹1.43 Cr |
| Other Expenses | ₹96.64 Cr | ₹51.42 Cr | ₹62.24 Cr | ₹51.09 Cr | ₹50.05 Cr | ₹57.68 Cr | ₹68 Cr | ₹36.34 Cr | ₹65.09 Cr | ₹30.67 Cr | ₹28.06 Cr | ₹28.1 Cr |
| Total Expenses | ₹1,553.22 Cr | ₹281.84 Cr | ₹503.58 Cr | ₹270.73 Cr | ₹552.73 Cr | ₹437.55 Cr | ₹465.09 Cr | ₹398.16 Cr | ₹781.79 Cr | ₹520.94 Cr | ₹640.83 Cr | ₹216.54 Cr |
| Profit Before Exceptional Items & Tax | ₹60.14 Cr | ₹12.11 Cr | ₹17.32 Cr | ₹17.91 Cr | ₹89.47 Cr | ₹48.27 Cr | ₹91.13 Cr | ₹39.04 Cr | ₹44.36 Cr | ₹12.39 Cr | -₹7.5 Cr | ₹66.28 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹60.14 Cr | ₹12.11 Cr | ₹17.32 Cr | ₹17.91 Cr | ₹89.47 Cr | ₹48.27 Cr | ₹91.13 Cr | ₹39.04 Cr | ₹44.36 Cr | ₹12.39 Cr | -₹7.5 Cr | ₹66.28 Cr |
| Total Tax Expense | ₹3.63 Cr | ₹5.4 Cr | ₹7 Cr | -₹48 Lakh | ₹19.67 Cr | ₹14.71 Cr | ₹22.82 Cr | ₹11.65 Cr | ₹11.67 Cr | ₹3.75 Cr | -₹2.17 Cr | ₹20.18 Cr |
| Net Profit | ₹63.65 Cr | ₹5.08 Cr | ₹9.89 Cr | ₹16.33 Cr | ₹66.95 Cr | ₹29.98 Cr | ₹65.55 Cr | ₹25.65 Cr | ₹30.47 Cr | ₹29.88 Cr | ₹4.17 Cr | ₹46.51 Cr |
| attributable to Owners | - | ₹3.38 Cr | ₹8.55 Cr | ₹14.51 Cr | ₹64.8 Cr | ₹15.07 Cr | ₹66.27 Cr | ₹25.82 Cr | ₹30.68 Cr | ₹30.22 Cr | ₹4.34 Cr | ₹46.97 Cr |
| attributable to NCI | - | ₹1.7 Cr | ₹1.34 Cr | ₹1.82 Cr | ₹2.15 Cr | ₹14.91 Cr | -₹72 Lakh | -₹17 Lakh | -₹21 Lakh | -₹34 Lakh | ₹17 Lakh | -₹46 Lakh |
| Other Comprehensive Income | ₹76 Lakh | -₹1.08 Cr | -₹40 Lakh | -₹25 Lakh | -₹1.36 Cr | -₹16 Lakh | -₹14 Lakh | -₹12 Lakh | -₹91 Lakh | -₹7 Lakh | ₹4 Lakh | -₹1 Lakh |
| Total Comprehensive Income | ₹64.41 Cr | ₹4 Cr | ₹9.49 Cr | ₹16.08 Cr | ₹65.59 Cr | ₹29.82 Cr | ₹65.41 Cr | ₹25.53 Cr | ₹29.56 Cr | ₹29.81 Cr | ₹4.21 Cr | ₹46.5 Cr |
| EBITDA (computed) | ₹98.88 Cr | ₹39.26 Cr | ₹37.03 Cr | ₹29.25 Cr | ₹107.83 Cr | ₹62.89 Cr | ₹103.69 Cr | ₹58.22 Cr | ₹66.67 Cr | ₹21.16 Cr | ₹87 Lakh | ₹74.22 Cr |
| Basic EPS | ₹4.15 | ₹0.27 | ₹0.68 | ₹1.15 | ₹5.41 | ₹1.20 | ₹5.36 | ₹2.16 | ₹2.69 | ₹2.65 | ₹0.39 | ₹4.12 |
| Diluted EPS | ₹4.12 | ₹0.27 | ₹0.67 | ₹1.14 | ₹5.09 | ₹1.18 | ₹5.30 | ₹2.15 | ₹2.68 | ₹2.65 | ₹0.39 | ₹4.12 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Revenue from Operations | ₹668.45 Cr | ₹550.63 Cr | ₹1,010.45 Cr | ₹328.06 Cr |
| Other Income | ₹178.98 Cr | ₹205.12 Cr | ₹138.68 Cr | ₹82.83 Cr |
| Total Income | ₹847.43 Cr | ₹755.75 Cr | ₹1,149.13 Cr | ₹410.89 Cr |
| Cost of Materials Consumed | ₹519.8 Cr | ₹604.17 Cr | ₹334.44 Cr | ₹462.12 Cr |
| Purchases of Stock-in-Trade | ₹2 Cr | ₹0 | ₹5.94 Cr | ₹0 |
| Changes in Inventories | ₹56 Lakh | -₹230.99 Cr | ₹475.08 Cr | -₹280.6 Cr |
| Employee Benefit Expense | ₹102.59 Cr | ₹88 Cr | ₹65.81 Cr | ₹21.93 Cr |
| Finance Costs | ₹35.82 Cr | ₹43.42 Cr | ₹31.64 Cr | ₹9.48 Cr |
| Depreciation & Amortisation | ₹14.77 Cr | ₹12.27 Cr | ₹6.8 Cr | ₹4.31 Cr |
| Other Expenses | ₹122.77 Cr | ₹110.2 Cr | ₹84.2 Cr | ₹47.68 Cr |
| Total Expenses | ₹798.31 Cr | ₹627.07 Cr | ₹1,003.91 Cr | ₹264.92 Cr |
| Profit Before Exceptional Items & Tax | ₹49.12 Cr | ₹128.68 Cr | ₹145.22 Cr | ₹145.97 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹49.12 Cr | ₹128.68 Cr | ₹145.22 Cr | ₹145.97 Cr |
| Total Tax Expense | ₹8.4 Cr | ₹35.23 Cr | ₹33.59 Cr | ₹36.74 Cr |
| Net Profit | ₹40.72 Cr | ₹93.45 Cr | ₹111.63 Cr | ₹109.23 Cr |
| Other Comprehensive Income | -₹49 Lakh | -₹1.29 Cr | -₹64 Lakh | -₹23 Lakh |
| Total Comprehensive Income | ₹40.23 Cr | ₹92.16 Cr | ₹110.99 Cr | ₹109 Cr |
| EBITDA (computed) | ₹99.71 Cr | ₹184.37 Cr | ₹183.66 Cr | ₹159.76 Cr |
| Basic EPS | ₹3.23 | ₹7.53 | ₹9.80 | ₹10.22 |
| Diluted EPS | ₹3.20 | ₹7.45 | ₹9.77 | ₹10.22 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹4,027.3 Cr | ₹3,896.36 Cr | ₹3,310.31 Cr | ₹3,220.78 Cr |
| Non-current Assets | ₹655.01 Cr | ₹589.76 Cr | ₹534.41 Cr | ₹693.49 Cr |
| Current Assets | ₹3,372.29 Cr | ₹3,306.6 Cr | ₹2,775.9 Cr | ₹2,527.29 Cr |
| Property, Plant & Equipment | ₹14.93 Cr | ₹41.26 Cr | ₹24.31 Cr | ₹13.03 Cr |
| Inventories | ₹1,288.64 Cr | ₹1,290.5 Cr | ₹964.39 Cr | ₹1,509.59 Cr |
| Trade Receivables | ₹64.91 Cr | ₹21.77 Cr | ₹12.39 Cr | ₹40.04 Cr |
| Cash & Equivalents | ₹261.49 Cr | ₹427.1 Cr | ₹134.89 Cr | ₹317.03 Cr |
| Equity (Net Worth) | ₹2,587.17 Cr | ₹2,533.54 Cr | ₹1,653.11 Cr | ₹1,515.15 Cr |
| Equity Share Capital | ₹126.24 Cr | ₹126.03 Cr | ₹113.89 Cr | ₹113.88 Cr |
| Borrowings (Non-current) | ₹334.37 Cr | ₹197.51 Cr | ₹523.1 Cr | ₹73 Lakh |
| Borrowings (Current) | ₹302.49 Cr | ₹152.16 Cr | ₹218.54 Cr | ₹451.06 Cr |
| Total Debt (computed) | ₹636.86 Cr | ₹349.67 Cr | ₹741.64 Cr | ₹451.79 Cr |
| Current Liabilities | ₹992.67 Cr | ₹1,064.35 Cr | ₹1,039.97 Cr | ₹1,603.86 Cr |
| Total Liabilities | ₹1,440.13 Cr | ₹1,362.82 Cr | ₹1,657.2 Cr | ₹1,705.63 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Operating Cash Flow | -₹346.68 Cr | -₹177.16 Cr | ₹228.47 Cr | ₹95.33 Cr |
| Investing Cash Flow | -₹41.3 Cr | ₹133.17 Cr | -₹839.99 Cr | -₹90.5 Cr |
| Financing Cash Flow | ₹222.37 Cr | ₹336.12 Cr | ₹429.38 Cr | ₹274.84 Cr |
| Capital Expenditure | ₹0 | ₹15.77 Cr | ₹4.02 Cr | ₹5.53 Cr |
| Free Cash Flow (computed) | -₹346.68 Cr | -₹192.93 Cr | ₹224.45 Cr | ₹89.8 Cr |
| Dividends Paid | ₹18.9 Cr | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹165.61 Cr | ₹292.13 Cr | -₹182.14 Cr | ₹279.67 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹209.67 Cr | ₹55.71 Cr | ₹334.64 Cr | ₹68.43 Cr | ₹324.98 Cr | ₹34.68 Cr | ₹62.99 Cr | ₹127.98 Cr | ₹113.96 Cr | ₹60.3 Cr | ₹581.37 Cr | ₹254.82 Cr |
| Other Income | ₹38.23 Cr | ₹29.56 Cr | ₹57.62 Cr | ₹53.57 Cr | ₹62.02 Cr | ₹45.99 Cr | ₹53.93 Cr | ₹43.18 Cr | ₹48.96 Cr | ₹34.85 Cr | ₹23.74 Cr | ₹31.13 Cr |
| Total Income | ₹247.9 Cr | ₹85.27 Cr | ₹392.26 Cr | ₹122 Cr | ₹387 Cr | ₹80.67 Cr | ₹116.92 Cr | ₹171.16 Cr | ₹162.92 Cr | ₹95.15 Cr | ₹605.11 Cr | ₹285.95 Cr |
| Cost of Materials Consumed | ₹182.72 Cr | ₹126.5 Cr | ₹80.51 Cr | ₹130.07 Cr | ₹291.53 Cr | ₹110.62 Cr | ₹159.12 Cr | ₹42.9 Cr | ₹52.83 Cr | ₹100.92 Cr | ₹118.71 Cr | ₹61.98 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹2 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹5.94 Cr | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹26.95 Cr | -₹97.17 Cr | ₹208.26 Cr | -₹83.58 Cr | -₹60.97 Cr | -₹90.65 Cr | -₹122.5 Cr | ₹43.13 Cr | ₹5.06 Cr | -₹64.64 Cr | ₹441.83 Cr | ₹92.83 Cr |
| Employee Benefit Expense | ₹26.04 Cr | ₹24.17 Cr | ₹25.31 Cr | ₹27.07 Cr | ₹26.94 Cr | ₹21.41 Cr | ₹20.28 Cr | ₹19.37 Cr | ₹20.09 Cr | ₹19.43 Cr | ₹15.87 Cr | ₹10.42 Cr |
| Finance Costs | ₹12.3 Cr | ₹12.21 Cr | ₹6.59 Cr | ₹4.72 Cr | ₹8.17 Cr | ₹9.94 Cr | ₹11.67 Cr | ₹13.64 Cr | ₹17.94 Cr | ₹12.43 Cr | ₹94 Lakh | ₹33 Lakh |
| Depreciation & Amortisation | ₹4.02 Cr | ₹3.41 Cr | ₹3.36 Cr | ₹3.98 Cr | ₹5.06 Cr | ₹2.53 Cr | ₹2.38 Cr | ₹2.3 Cr | ₹2.39 Cr | ₹1.57 Cr | ₹1.46 Cr | ₹1.38 Cr |
| Other Expenses | ₹31.17 Cr | ₹27.42 Cr | ₹36.39 Cr | ₹27.79 Cr | ₹39.99 Cr | ₹24.4 Cr | ₹27.58 Cr | ₹17.92 Cr | ₹29.34 Cr | ₹15.38 Cr | ₹20.34 Cr | ₹19.14 Cr |
| Total Expenses | ₹229.3 Cr | ₹96.54 Cr | ₹362.42 Cr | ₹110.05 Cr | ₹310.72 Cr | ₹78.25 Cr | ₹98.53 Cr | ₹139.26 Cr | ₹133.59 Cr | ₹85.09 Cr | ₹599.15 Cr | ₹186.08 Cr |
| Profit Before Exceptional Items & Tax | ₹18.6 Cr | -₹11.27 Cr | ₹29.84 Cr | ₹11.95 Cr | ₹76.28 Cr | ₹2.42 Cr | ₹18.39 Cr | ₹31.9 Cr | ₹29.33 Cr | ₹10.06 Cr | ₹5.96 Cr | ₹99.87 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹18.6 Cr | -₹11.27 Cr | ₹29.84 Cr | ₹11.95 Cr | ₹76.28 Cr | ₹2.42 Cr | ₹18.39 Cr | ₹31.9 Cr | ₹29.33 Cr | ₹10.06 Cr | ₹5.96 Cr | ₹99.87 Cr |
| Total Tax Expense | ₹4.95 Cr | -₹2.6 Cr | ₹7.7 Cr | -₹1.65 Cr | ₹21.33 Cr | ₹77 Lakh | ₹4.79 Cr | ₹8.34 Cr | ₹5.95 Cr | ₹2.72 Cr | ₹1.44 Cr | ₹23.48 Cr |
| Net Profit | ₹13.65 Cr | -₹8.67 Cr | ₹22.14 Cr | ₹13.6 Cr | ₹54.95 Cr | ₹1.65 Cr | ₹13.6 Cr | ₹23.56 Cr | ₹23.38 Cr | ₹7.34 Cr | ₹4.52 Cr | ₹76.39 Cr |
| Other Comprehensive Income | ₹65 Lakh | -₹49 Lakh | -₹40 Lakh | -₹25 Lakh | -₹86 Lakh | -₹15 Lakh | -₹15 Lakh | -₹13 Lakh | -₹54 Lakh | -₹8 Lakh | ₹0 | -₹2 Lakh |
| Total Comprehensive Income | ₹14.3 Cr | -₹9.16 Cr | ₹21.74 Cr | ₹13.35 Cr | ₹54.09 Cr | ₹1.5 Cr | ₹13.45 Cr | ₹23.43 Cr | ₹22.84 Cr | ₹7.26 Cr | ₹4.52 Cr | ₹76.37 Cr |
| EBITDA (computed) | ₹34.92 Cr | ₹4.35 Cr | ₹39.79 Cr | ₹20.65 Cr | ₹89.51 Cr | ₹14.89 Cr | ₹32.44 Cr | ₹47.84 Cr | ₹49.66 Cr | ₹24.06 Cr | ₹8.36 Cr | ₹101.58 Cr |
| Basic EPS | ₹1.08 | ₹-0.69 | ₹1.76 | ₹1.08 | ₹4.36 | ₹0.13 | ₹1.11 | ₹1.99 | ₹2.05 | ₹0.64 | ₹0.40 | ₹6.71 |
| Diluted EPS | ₹1.07 | ₹-0.68 | ₹1.74 | ₹1.07 | ₹4.32 | ₹0.13 | ₹1.10 | ₹1.98 | ₹2.05 | ₹0.64 | ₹0.40 | ₹6.71 |
Shareholding Pattern of Keystone Realtors Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 74.59%, foreign institutional investors hold 2.55%, domestic institutional investors hold 17.12%, retail and other public shareholders hold 5.75% of Keystone Realtors Limited. The company had 18,917 shareholders on record.
| Mar 2026 | Dec 2025 | Oct 2025 | Sep 2025 | Jun 2025 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Promoters | 74.59% | 74.59% | 74.63% | 78.25% | 78.34% | 78.35% |
| Public | 25.41% | 25.41% | 25.37% | 21.75% | 21.66% | 21.65% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | |
|---|---|---|---|---|
| Promoters | 74.59% | 78.35% | 86.70% | 86.70% |
| Public | 25.41% | 21.65% | 13.30% | 13.30% |
| Promoter change (YoY, %pts) | -3.76 | -8.35 | +0.00 | - |
Board & Governance of Keystone Realtors Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Keystone Realtors Limited has 6 directors - 3 independent and 3 executive. The board is chaired by Boman Rustom Irani.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Boman Rustom Irani | Executive Director · Chairperson | 1995-11-06 | 1 |
| Chandresh Dinesh Mehta | Executive Director | 2004-10-04 | 1 |
| Percy Sorabji Chowdhry | Executive Director | 1999-01-03 | 1 |
| Ramesh Dungarmal Tainwala | Non-Executive - Independent Director | 2014-12-15 | 2 |
| Rahul Gautam Divan | Non-Executive - Independent Director | 2022-05-11 | 2 |
| Seema Pyari Mohan Mohapatra | Non-Executive - Independent Director | 2022-05-11 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Rahul Gautam Divan (Chairperson), Ramesh Dungarmal Tainwala, Seema Pyari Mohan Mohapatra, Boman Rustom Irani |
| Nomination and remuneration committee | Ramesh Dungarmal Tainwala (Chairperson), Rahul Gautam Divan, Seema Pyari Mohan Mohapatra |
| Stakeholders Relationship Committee | Ramesh Dungarmal Tainwala (Chairperson), Chandresh Dinesh Mehta, Percy Sorabji Chowdhry, Rahul Gautam Divan |
| Risk Management Committee | Boman Rustom Irani (Chairperson), Chandresh Dinesh Mehta, Percy Sorabji Chowdhry, Ramesh Dungarmal Tainwala |
| Corporate Social Responsibility Committee | Seema Pyari Mohan Mohapatra (Chairperson), Boman Rustom Irani, Chandresh Dinesh Mehta, Percy Sorabji Chowdhry |
Group Structure of Keystone Realtors Limited
Keystone Realtors Limited has 40 subsidiary companies, 4 joint ventures, and 1 associated company. This group structure data is as of FY 2024. The corporate group structure reflects Keystone Realtors Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Key Fortune Relators Private Limited | U43299MH2024PTC417160 | - |
| Firestone Developers Private Limited | U45200MH2007PTC169949 | - |
| Intact Builders Private Limited | U45200MH2008PTC180637 | - |
| Amaze Builders Private Limited | U45200MH2008PTC180772 | - |
| Real Gem Buildtech Private Limited | U45202MH2009PTC193816 | - |
| Dynasty Infrabuilders Private Limited | U45203MH2008PTC178835 | - |
Showing major subsidiaries. Total: 40.
Charges & Borrowings of Keystone Realtors Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2025 | Others | ₹335 Cr | Open |
| 23 Jun 2025 | Others | ₹95 Cr | Open |
| 19 Nov 2024 | Others | ₹135 Cr | Open |
| 15 Oct 2024 | Others | ₹300 Cr | Open |
| 07 Jun 2024 | Others | ₹175 Cr | Open |
Total charge records: 72 View all charges
Employees and EPFO Compliance at Keystone Realtors Limited
Keystone Realtors Limited has a workforce of 345 employees as of Jul 23, 2024.
Employee Count & EPFO Data of Keystone Realtors Limited
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GST Compliance of Keystone Realtors Limited
GSTIN & GST Filing Data of Keystone Realtors Limited
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Credit Ratings, Litigation & Regulatory Alerts for Keystone Realtors Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Keystone Realtors Limited
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MSME Payment Delays by Keystone Realtors Limited
MSME Payment Delays by Keystone Realtors Limited
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Subsidiaries & Group Companies of Keystone Realtors Limited
Subsidiaries & Group Companies of Keystone Realtors Limited
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MCA Filings & Documents of Keystone Realtors Limited
MCA Filings & Documents of Keystone Realtors Limited
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Recent Activity on Keystone Realtors Limited
Recent News on Keystone Realtors Limited
Frequently Asked Questions about Keystone Realtors Limited
Keystone Realtors Limited is an active public limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 06 November 1995 (31+ years old) and is registered under CIN L45200MH1995PLC094208. Listed on BSE: 543669. The company has 345 employees.
Keystone Realtors Limited reported revenue of ₹2,275.63 Cr for FY 2024 (up 214.00% YoY).
The current directors of Keystone Realtors Limited are:
- Sajal Gupta
- Ramesh Dungarmal Tainwala
- Percy Chowdhry
- Chandresh Dinesh Mehta
- Sajal Gupta
- Rahul Gautam Divan
- Boman Rustom Irani
- Seema Pyari Mohan Mohapatra
- Bimal Kishore Nanda
The primary industry of Keystone Realtors Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Yes. Keystone Realtors Limited is listed on BSE with code 543669.
Keystone Realtors Limited can be reached at the registered office: 702 Natraj Mv Road Junction Western Express Highway Andheri East, Mumbai, Maharashtra, India – 400069, or through the website rustomjee.com.