RUSTOMJEENSEKeystone Realtors LimitedMediumNeutral
Announced Fri, 9 Jan · 09:02 IST

Keystone Realtors Limited has informed the Exchange about General Updates

Business Updates View source PDF

RUSTOMJEE · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Keystone Realtors (Rustomjee brand) shared its Q3FY26 and YTD FY26 operational update. Q3 pre-sales were INR 8.37 billion, down 3% YoY, but YTD pre-sales grew 23% to INR 26.76 billion. YTD collections rose 12% to INR 17.68 billion, while area sold jumped 43% to 1.59 million sq ft. The company has already hit 67% of full-year pre-sales guidance, 83% of its launches guidance, and surpassed its full-year business development guidance within just 9 months. It launched one new project (La Vie – Tower D at Thane, GDV of INR 9.19 billion) and added one new redevelopment project in Andheri West (GDV of INR 3.82 billion) during the quarter. India Ratings assigned a fresh A+ credit rating with a positive outlook, alongside the existing A+ stable rating from ICRA.

Likely market impact

Ahead-of-schedule achievement across sales, launches, and business development targets signals strong operational momentum and a healthy growth pipeline for shareholders. The upgraded credit rating outlook further strengthens the company's financial profile, though slight Q3 YoY softness in pre-sales and collections is a minor watchpoint.