Company Profile

Keystone Realtors has achieved 78% growth in pre-sales to Rs 843 crore in Q4FY24 as compared to Rs 473 crore in Q4FY23. In full year, pre-sales stood at Rs 2266 crore. Its collection stood at Rs 670 crore in Q4FY24 as compared to Rs 699 crore in Q4FY23, showing a de-growth of 4% YoY basis.

During Q4FY24, company launched 2 projects (Panorama (Pali Hill) & Stella (Bandra East)) having Gross Development Value (GDV) of Rs 735 crore. In FY24, Company launched a total of 6 projects with an estimated GDV of Rs 3000 crore. 

Keystone Realtors is one of the prominent real estate developers and is engaged primarily in the business of real estate construction, development and other related activities in India.

Keystone Realtors has informed that it enclosed its Key Operational Updates for Q4 FY24.

Keystone Realtors is currently trading at Rs. 679.30, up by 6.90 points or 1.03% from its previous closing of Rs. 672.40 on the BSE.

The scrip opened at Rs. 689.95 and has touched a high and low of Rs. 694.50 and Rs. 673.25 respectively. So far 3064 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 750.00 on 21-Feb-2024 and a 52 week low of Rs. 416.45 on 28-Apr-2023.

Last one week high and low of the scrip stood at Rs. 694.50 and Rs. 611.55 respectively. The current market cap of the company is Rs. 7715.36 crore.

The promoters holding in the company stood at 86.70%, while Institutions and Non-Institutions held 10.63% and 2.67% respectively.

Keystone Realtors has achieved 78% growth in pre-sales to Rs 843 crore in Q4FY24 as compared to Rs 473 crore in Q4FY23. In full year, pre-sales stood at Rs 2266 crore. Its collection stood at Rs 670 crore in Q4FY24 as compared to Rs 699 crore in Q4FY23, showing a de-growth of 4% YoY basis.

During Q4FY24, company launched 2 projects (Panorama (Pali Hill) & Stella (Bandra East)) having Gross Development Value (GDV) of Rs 735 crore. In FY24, Company launched a total of 6 projects with an estimated GDV of Rs 3000 crore. 

Keystone Realtors is one of the prominent real estate developers and is engaged primarily in the business of real estate construction, development and other related activities in India.

Keystone Realtors (Rustomjee Group) has been selected as the developer of choice to redevelop the plot and premises of Veena Nagar Co-operative Housing Society & NeelKamal Ghruh Cooperative Housing Society on a combined land admeasuring around 12,120 square meters in Malad (W), Mumbai, Maharashtra.

In addition to rehousing 342 existing members of both the societies, this redevelopment will lead to sale potential of around 3,42,000 sq. ft. of RERA carpet area with the expected Gross Development Value (GDV) of around Rs 1200 crore. This development is in line with Rustomjee strategy to build diversified portfolio across ticket sizes and will further strengthen Rustomjee presence into the growing western suburbs of Mumbai. The project is expected to be launched in next calendar year.

With these additions, Rustomjee has already added 8 new projects in current financial year with the total GDV of around Rs 7000 crore. 

Keystone Realtors is one of the prominent real estate developers and is engaged primarily in the business of real estate construction, development and other related activities in India.

Keystone Realtors is currently trading at Rs.705.90, up by 5.45 points or 0.78% from its previous closing of Rs. 700.45 on the BSE.

The scrip opened at Rs. 711.15 and has touched a high and low of Rs. 725.15 and Rs. 703.95 respectively. So far 1122 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 734.90 on 15-Jan-2024 and a 52 week low of Rs. 416.45 on 28-Apr-2023.

Last one week high and low of the scrip stood at Rs. 734.90 and Rs. 671.25 respectively. The current market cap of the company is Rs. 8094.81 crore.

The promoters holding in the company stood at 86.70%, while Institutions and Non-Institutions held 10.63% and 2.67% respectively.

Keystone Realtors (Rustomjee Group) has been selected as the developer of choice to redevelop the plot and premises of Veena Nagar Co-operative Housing Society & NeelKamal Ghruh Cooperative Housing Society on a combined land admeasuring around 12,120 square meters in Malad (W), Mumbai, Maharashtra.

In addition to rehousing 342 existing members of both the societies, this redevelopment will lead to sale potential of around 3,42,000 sq. ft. of RERA carpet area with the expected Gross Development Value (GDV) of around Rs 1200 crore. This development is in line with Rustomjee strategy to build diversified portfolio across ticket sizes and will further strengthen Rustomjee presence into the growing western suburbs of Mumbai. The project is expected to be launched in next calendar year.
With these additions, Rustomjee has already added 8 new projects in current financial year with the total GDV of around Rs 7000 crore. 

Keystone Realtors is one of the prominent real estate developers and is engaged primarily in the business of real estate construction, development and other related activities in India.