Press Release for the Financial Results (Consolidated and Standalone) for the quarter and year ended March 31, 2026
RUSTOMJEE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rustomjee (Keystone Realtors) reported strong FY26 results with pre-sales of INR 4,022 Crores, up 33% YoY, and a remarkable 2.5x growth in three years (36% CAGR). Q4FY26 was the highest-ever quarter with pre-sales of INR 1,346 Crores, growing 58% YoY. Collections stood at INR 2,622 Crores for FY26, while revenue from operations was INR 2,635 Crores. The company added 5 projects with total GDV of INR 10,420 Crores (174% of guidance) and launched 7 projects with GDV of INR 9,813 Crores (140% of guidance). EBITDA for FY26 was INR 204 Crores with PAT of INR 95 Crores. The company maintains a Net Cash Positive status with a Gross Debt/Equity ratio of 0.26:1 and its credit rating was upgraded to AA-/Stable by Crisil. Management has set an ambitious target of INR 10,000 Crores pre-sales by FY30.
The company has outperformed guidance across all parameters with strong operational growth and an upgraded credit rating, signaling financial strength. The ambitious FY30 target and robust project pipeline indicate confidence in continued growth, which could be positive for shareholders. Legacy project issues are stated to be substantially behind, suggesting improving margins ahead.