Keystone Realtor

Why is Keystone Realtors Ltd falling/rising?

As of 08-Jun, the stock price of Keystone Realtors Ltd is at Rs 382.05, down 1.8%, continuing a two-day decline and a year-to-date drop of 27.58%. The stock's poor performance is attributed to weak fundamentals and a bearish trend in the construction sector.

As of 08-Jun, the stock price of Keystone Realtors Ltd is falling, currently at Rs 382.05, reflecting a decrease of Rs 7.00 or 1.8%. This decline is part of a broader trend, as the stock has experienced a consecutive fall over the last two days, resulting in a total drop of 2.54% during this period. Additionally, the stock has underperformed significantly against the benchmark Sensex, with a year-to-date decline of 27.58% compared to the Sensex's 13.72%.<BR><BR>The stock's performance over various time frames indicates a consistent downward trajectory, with a one-year return of -30.03% and a three-year return of -31.15%. This underperformance is compounded by weak long-term fundamentals, including a low Return on Capital Employed (ROCE) of 4.62% and a high Debt to EBITDA ratio of 12.15 times, which suggests a low ability to service debt.<BR><BR>Moreover, the construction and real estate sector, in which Keystone operates, has also seen a decline of 2.58%, further contributing to the stock's falling price. The stock is trading below its moving averages across multiple time frames, indicating a bearish trend. Despite a slight increase in investor participation, as evidenced by a 27.21% rise in delivery volume, the overall sentiment remains negative due to the company's poor financial performance, including a significant profit drop of 54.1% over the past year.

Which are the latest news on Keystone Realtor?

Should I buy, sell or hold Keystone Realtors Ltd?

Are Keystone Realtors Ltd latest results good or bad?

Keystone Realtors Ltd's latest results show impressive sequential revenue growth of 499.61% and a net profit increase of 1,450.89%, but year-on-year net profit has declined by 19.10%, and profitability margins have compressed significantly, leading to cautious investor sentiment and negative stock performance. Overall, while revenue figures are strong, underlying profitability issues raise concerns about the company's outlook.

Keystone Realtors Ltd's latest results present a mixed picture. On one hand, the company reported a remarkable sequential revenue growth of 499.61% for the March 2026 quarter, reaching ₹1,595.97 crores, and a net profit increase of 1,450.89% quarter-on-quarter, amounting to ₹52.42 crores. This performance is impressive in isolation and reflects the company's ability to complete projects and recognize revenue effectively.<BR><BR>However, when looking at the year-on-year performance, the situation becomes more concerning. The net profit has declined by 19.10% compared to the same quarter last year, and both operating and PAT margins have significantly compressed—from 8.63% to 5.11% and from 11.45% to 3.99%, respectively. This decline in profitability margins indicates operational challenges that the company is facing, despite the strong revenue figures.<BR><BR>Additionally, investor sentiment appears cautious, as the stock has delivered negative returns over various timeframes, including a 19.29% drop over the past year. The company's elevated valuation at 57 times trailing earnings, coupled with weak return ratios, further complicates the outlook.<BR><BR>In summary, while the latest quarterly results show strong revenue growth, the underlying issues with profitability and investor sentiment suggest a more cautious view on the company's overall performance.

When is the next results date for Keystone Realtors Ltd?

The next results date for Keystone Realtors Ltd is 12 May 2026.

The next results date for Keystone Realtors Ltd is scheduled for 12 May 2026.

Is Keystone Realtor technically bullish or bearish?

As of November 19, 2025, the market trend is neutral with mixed signals; while weekly indicators show some bullishness, overall momentum is weak and suggests uncertainty.

As of 19 November 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD is bearish while the monthly MACD is mildly bearish, indicating a lack of upward momentum. The weekly RSI is bullish, but the monthly RSI shows no signal, suggesting indecision in the longer term. Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the downward pressure. Daily moving averages are mildly bullish, providing some short-term support. The KST is mildly bullish on a weekly basis, but Dow Theory indicates no trend weekly and mildly bearish monthly. Overall, the strength of the current stance is weak, reflecting uncertainty in the market.

How has been the historical performance of Keystone Realtor?

Keystone Realtor's historical performance shows significant fluctuations, with net sales peaking at 2,222.25 Cr in March 2024 before declining to 2,004.10 Cr in March 2025, while profit after tax rose to 199.06 Cr in March 2025. Total assets and liabilities increased to 6,596.49 Cr in March 2025, but cash flow from operating activities turned negative at -11.00 Cr.

Answer:<BR>The historical performance of Keystone Realtor shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Keystone Realtor's net sales peaked at 2,222.25 Cr in March 2024 but fell to 2,004.10 Cr in March 2025, following a notable increase from 685.66 Cr in March 2023. The total operating income mirrored this trend, reaching 2,222.25 Cr in March 2024 before declining to 2,004.10 Cr in March 2025. The company's total expenditure, excluding depreciation, was 1,788.81 Cr in March 2025, down from 2,112.71 Cr in March 2024. Operating profit (PBDIT) increased to 332.63 Cr in March 2025 from 162.92 Cr in March 2024, while profit before tax also rose to 267.91 Cr in March 2025 from 115.53 Cr in March 2024. However, profit after tax showed a significant increase to 199.06 Cr in March 2025 from 82.10 Cr in March 2024. The consolidated net profit for March 2025 was 171.96 Cr, up from 112.21 Cr in March 2024. In terms of assets, total assets increased to 6,596.49 Cr in March 2025 from 5,922.51 Cr in March 2024, while total liabilities also rose to 6,596.49 Cr in March 2025 from 5,922.51 Cr in March 2024. The cash flow from operating activities turned negative at -11.00 Cr in March 2025, contrasting with a positive cash flow of 183.00 Cr in March 2024. Overall, Keystone Realtor's financial performance reflects a complex interplay of growth and challenges over the observed periods.

Is Keystone Realtor overvalued or undervalued?

As of October 15, 2025, Keystone Realtor is considered expensive but still overvalued with a PE ratio of 44.30, underperforming the Sensex with a year-to-date return of -17%.

As of 15 October 2025, the valuation grade for Keystone Realtor has moved from very expensive to expensive, indicating a slight improvement in perceived value. However, the company is still considered overvalued based on its current metrics. The price-to-earnings (PE) ratio stands at 44.30, while the price-to-book value is 2.57, and the EV to EBITDA ratio is 38.71. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to peers, Keystone Realtor's PE ratio is significantly higher than that of DLF at 39.09 and Lodha Developers at 39.49, both of which are categorized as very expensive. Additionally, Keystone's PEG ratio of 0.58 indicates potential growth relative to its price, but it remains overshadowed by high valuation multiples. The company's stock has underperformed against the Sensex, with a year-to-date return of -17% compared to the Sensex's 5.72%, reinforcing the view that Keystone Realtor is overvalued in the current market environment.

What does Keystone Realtor do?

Keystone Realtors Ltd is a mid-cap real estate developer based in Mumbai, incorporated in 1995 and publicly listed since 2022. As of March 2025, it reported net sales of ₹5,848 Cr and a net profit of ₹648 Cr, with a market cap of ₹8,341 Cr.

Overview:<BR>Keystone Realtors Ltd is a prominent real estate developer operating in the Realty industry within the Mid Cap market-cap bracket.<BR><BR>History:<BR>Keystone Realtors Ltd was incorporated in 1995 as 'Keystone Realtors Private Limited' in Mumbai. The company transitioned to a public entity with a name change to 'Keystone Realtors Limited' on April 28, 2022, and received a fresh Certificate of Change of Name on May 6, 2022. The most recent quarterly results report net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 5,848 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 648 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 8,341 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 49.00 <BR>Industry P/E: 46 <BR>Dividend Yield: 0.23% <BR>Debt-Equity: 0.03 <BR>Return on Equity: 6.20% <BR>Price to Book: 3.00 <BR><BR>Contact Details:<BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the top shareholders of the Keystone Realtor?

The top shareholders of Keystone Realtor include Boman Rustom Irani, who holds 37.99%, mutual funds with 7.38%, Foreign Institutional Investors (FIIs) at 3.1%, and individual investors at 1.71%. The largest mutual fund shareholder is Quant Mutual Fund - Quant Small Cap Fund at 4.93%.

The top shareholders of Keystone Realtor include the promoters, who hold the majority of the shares. The promoter with the highest holding is Boman Rustom Irani, owning 37.99% of the company. Additionally, mutual funds hold 7.38% of the shares across three schemes, with Quant Mutual Fund - Quant Small Cap Fund being the highest public shareholder at 4.93%. Foreign Institutional Investors (FIIs) collectively hold 3.1% through 35 different FIIs. Individual investors account for 1.71% of the holdings.

Who are the peers of the Keystone Realtor?

Peers of Keystone Realtor include SignatureGlobal, Sobha, Embassy Develop, and Ganesh Housing, among others. Keystone Realtor has excellent growth but a below-average capital structure, with a 1-year return of -6.48%.

Peers: The peers of Keystone Realtor are SignatureGlobal, Sobha, Embassy Develop, Valor Estate, Kalpat., Ganesh Housing, Max Estates, Mahindra Life, and Puravankara.<BR><BR>Quality Snapshot: Excellent management risk is observed at Ganesh Housing, while Average management risk is found at SignatureGlobal, Sobha, Embassy Develop, Max Estates, Mahindra Life, and Puravankara, and the rest. Growth is excellent at Keystone Realtor and Ganesh Housing, while below average growth is noted at Sobha, Embassy Develop, and the rest. Below average capital structure is seen at Keystone Realtor, Sobha, Embassy Develop, Valor Estate, Mahindra Life, Puravankara, and the rest, while good capital structure is observed at SignatureGlobal and Max Estates.<BR><BR>Return Snapshot: Valor Estate has the highest 1-year return at 18.04%, while Mahindra Life has the lowest at -39.07%, with Keystone Realtor's 1-year return at -6.48% being better than Mahindra Life's. Additionally, Ganesh Housing, Mahindra Life, Puravankara, and Sunteck Realty all have negative six-month returns.

how big is Keystone Realtor?

As of Jun 06, Keystone Realtors Ltd has a market capitalization of 6,637.00 Cr, with recent net sales of 2004.10 Cr and a net profit of 171.96 Cr over the latest four quarters.

Market Cap: Keystone Realtors Ltd has a market capitalization of 6,637.00 Cr and is classified as a Mid Cap company as of Jun 06.<BR><BR>Recent Quarterly Performance: The company reported a sum of Net Sales of 2004.10 Cr and a sum of Net Profit of 171.96 Cr for the latest 4 quarters, which is Consolidated data.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in Mar'24. The Shareholder's Funds are valued at 1,797.76 Cr, and the Total Assets amount to 5,922.51 Cr.

Who are in the management team of Keystone Realtor?

As of March 2022, the management team of Keystone Realtor includes Boman Irani (Chairman & Managing Director), Percy Sorabji Chowdhry and Chandresh Dinesh Mehta (Executive Directors), and several Non-Executive & Independent Directors: Ramesh Dungarmal Tainwala, Rahul Divan, and Seema Mohapatra, along with Bimal K Nanda as Company Secretary.

As of March 2022, the management team of Keystone Realtor includes the following individuals:<BR><BR>1. Boman Irani - Chairman & Managing Director<BR>2. Percy Sorabji Chowdhry - Executive Director<BR>3. Chandresh Dinesh Mehta - Executive Director<BR>4. Ramesh Dungarmal Tainwala - Non-Executive & Independent Director<BR>5. Rahul Divan - Non-Executive & Independent Director<BR>6. Seema Mohapatra - Non-Executive & Independent Director<BR>7. Bimal K Nanda - Company Secretary<BR><BR>These individuals play key roles in the governance and management of the company.

Has Keystone Realtor declared dividend?

Keystone Realtors Ltd has declared a 15% dividend, amounting to ₹1.5 per share, with an ex-date of May 23, 2025. Despite the dividend, total returns over various periods have shown negative trends in price performance.

Keystone Realtors Ltd has declared a 15% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 15%<BR>- Amount per share: 1.5<BR>- Ex-date: May 23, 2025<BR><BR>Dividend Yield: 0.28%.<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was -23.27%, the dividend return was 0.21%, resulting in a total return of -23.06%.<BR><BR>For the 1-year period, the price return was -21.81%, the dividend return was 0.22%, leading to a total return of -21.59%.<BR><BR>In the 2-year period, the price return was -4.34%, the dividend return was 0.27%, which resulted in a total return of -4.07%.<BR><BR>Over the 3-year period, there was no change in price return or dividend return, resulting in a total return of 0.0%.<BR><BR>In the 4-year period, there was also no change in price return or dividend return, leading to a total return of 0.0%.<BR><BR>For the 5-year period, there were no changes in price return or dividend return, resulting in a total return of 0.0%.<BR><BR>Overall, while Keystone Realtors Ltd has declared a dividend, the total returns over various periods indicate a negative trend in price performance, with only modest dividend contributions.