Keystone Realtors Limited
₹338.90+₹5.20 (+1.6%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹6,272 Cr
- P/E
- 68.0x
- EV / EBITDA
- 35.1x
- Revenue
- ₹551 Cr
- Net margin
- 11.1%
- ROCE
- 1.9%
Price chart
Technical chartScreen technicals →-41.0% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -6.7%
- 3M
- -16.3%
- 6M
- -13.9%
- 1Y
- -41.0%
- 5Y
- -40.3%
52-week range
Day change +₹5.20 (+1.6%) from ₹334 to ₹339 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in RUSTOMJEE, bought on each weekday since 2022.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 30.5%
Concerns1
- Low interest coverage ratio of 1.4x
Rule-based from financial data. Not advice.
About the company
Keystone Realtors Limited engages in the real estate construction, development, and other related activities in India. It develops residential buildings, integrated townships, gated communities, standalone landmarks, retail spaces, commercial projects, and social infrastructure, such as schools, clubhouses, and parks within townships. The company was incorporated in 1995 and is based in Mumbai, India.
- Sector
- Construction & Real Estate
- Shares outstanding
- 12.7 Cr shares
- ISIN
- INE263M01029
- BSE code
- 543669
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹6,272 Cr
- P/E
- 68.0x
- P/B
- 2.4x
- EV / EBITDA
- 35.1x
- EV / Sales
- 6.4x
- P/S
- 6.2x
- Earnings yield
- 1.5%
- 52-week high
- ₹578.65
- 52-week low
- ₹331.90
Profitability
- Operating margin
- 4.5%
- Net margin
- 11.1%
- EBITDA margin
- 18.2%
- ROE
- 6.8%
- ROCE
- 1.9%
- ROA
- 3.4%
- Dividend payout
- 0.0%
- Tax rate
- 23.0%
- Other income, % of PBT
- 95.9%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹551 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -45.4%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 30.5%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹184 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 15.0%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -17.0%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 24.1%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹228 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 140.0%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹292 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 2.9%
Solvency and efficiency
- Current ratio
- 3.55
- Debt / Equity
- 0.46
- Debt / Assets
- 0.23
- Debt / EBITDA
- 4.12
- Interest coverage
- 1.41
- Financial leverage
- 2.03
- CFO / Net profit
- 2.04
- Cash / Market cap
- 45.4%
- Cash per share
- ₹224.93
- Asset turnover
- 0.30
- Fixed asset turnover
- 20.61
- Capital intensity
- 0.05
- Debtor days
- 4 days
- Inventory turnover
- 0.49
- Cash conversion cycle
- 562 days
Where the revenue went
FY2025 ended in a loss, so the lines are listed rather than drawn as a flow.
| Line | FY2025 |
|---|---|
| Sales | ₹551 Cr |
| Expenses | ₹571 Cr |
| Operating profit | -₹21 Cr |
| Other income | ₹205 Cr |
| Interest | ₹43 Cr |
| Depreciation | ₹12 Cr |
| Profit before tax | ₹129 Cr |
| Tax and other | ₹36 Cr |
| Net profit | ₹93 Cr |
Revenue and net profit
Revenue fell 45.4% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹530 Cr | ₹40 Cr |
| FY2022 | ₹851 Cr | ₹120 Cr |
| FY2023 | ₹328 Cr | ₹109 Cr |
| FY2024 | ₹1,010 Cr | ₹112 Cr |
| FY2025 | ₹551 Cr | ₹93 Cr |
Cash flows
FY2025: -₹177 Cr from operations, -₹44.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹351 Cr | ₹225 Cr |
| FY2022 | ₹15 Cr | -₹93 Cr |
| FY2023 | ₹95 Cr | ₹5 Cr |
| FY2024 | ₹228 Cr | -₹612 Cr |
| FY2025 | -₹177 Cr | -₹44 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹551 Cr-45.4%1Y
- Net profit
- ₹93 Cr-17.0%1Y
- Cash from operations
- -₹177 Cr
- Free cash flow
- -₹44 Cr
- Revenue CAGR, 5Y
- 30.5%
- EBITDA CAGR, 5Y
- 12.5%
- Net profit CAGR, 5Y
- 24.1%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹551 Cr | -₹21 Cr | — | ₹93 Cr | -₹177 Cr | -₹44 Cr | 3.7% | -45.4% | -17.0% |
Monthly returns
Month-by-month returns of RUSTOMJEE across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹3,896 Cr |
| Equity capital | ₹126 Cr |
| Reserves | ₹2,408 Cr |
| Borrowings | ₹374 Cr |
| Other liabilities | ₹989 Cr |
| Assets | ₹3,896 Cr |
| Fixed assets | ₹65 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹468 Cr |
| Other assets | ₹3,363 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
RUSTOMJEE trades at 68.0x earnings against a peer median of 55.8x (a 22% premium).
Not shown (no positive earnings and no EV / Sales): Kalpataru Limited, VALOR ESTATE LIMITED, Puravankara Limited, SMARTWORKS COWORKING SPACES LIMITED.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Keystone Realtors LimitedRUSTOMJEEthis companyP/E ↑ premium | ₹6,272 Cr | 68.0x | 2.4x | 6.8% | 35.1x |
| Sri Lotus Developers and Realty LimitedLOTUSDEV | ₹7,422 Cr | 43.2x | 4.4x | 72.4% | 50.9x |
| Kalpataru LimitedKALPATARU | ₹7,393 Cr | — | 1.8x | 7.4% | 26.4x |
| Max Estates LimitedMAXESTATES | ₹6,857 Cr | 94.3x | 2.8x | 1.8% | 189.4x |
| GANESH HOUSING LIMITEDGANESHHOU | ₹6,395 Cr | 30.0x | 4.2x | 22.3% | 16.9x |
| Sunteck Realty LtdSUNTECK | ₹6,192 Cr | 59.8x | 2.5x | 4.1% | 32.9x |
| VALOR ESTATE LIMITEDDBREALTY | ₹5,887 Cr | — | 1.3x | 13.9% | 6.4x |
| Puravankara LimitedPURVA | ₹5,468 Cr | — | 3.9x | 2.0% | 22.9x |
| SMARTWORKS COWORKING SPACES LIMITEDSMARTWORKS | ₹5,428 Cr | — | 10.6x | -87.0% | 11.9x |
| Peer median | — | 55.8x | 3.7x | 6.8% | 32.9x |
Year-to-date ROI
RUSTOMJEE since 1 January, against earlier years.
Historical volatility
RUSTOMJEE's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 13.0% |
| FY2022 | 13.0% |
| FY2023 | 23.0% |
| FY2024 | 4.0% |
| FY2025 | -4.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹551 Cr |
| Costs | |
| Interest | ₹43 Cr |
| Expenses | ₹571 Cr |
| Operating profitOperating Profit | -₹21 Cr |
| Other income and charges | |
| Profit before tax | ₹129 Cr |
| Tax | |
| Net profitNet Profit | ₹93 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹3,896 Cr |
| Equity capitalEquity Capital | ₹126 Cr |
| Reserves | ₹2,408 Cr |
| Borrowings | ₹374 Cr |
| Other liabilitiesOther Liabilities | ₹989 Cr |
| AssetsTotal Assets | ₹3,896 Cr |
| Fixed assetsFixed Assets | ₹65 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹468 Cr |
| Other assetsOther Assets | ₹3,363 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | -₹177 Cr |
| Investing cash flowCash from Investing Activity | ₹133 Cr |
| Financing cash flowCash from Financing Activity | ₹336 Cr |
| Change in cashNet Cash Flow | ₹292 Cr |
Learn while you research
Academy chapters picked for Keystone Realtors Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 68.0, learn when high multiples are justified.6 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read