• Pre-Sales of INR 40.22 bn (INR 4,022 Crores) in FY26, 33% YoY growth, and 2.5x in just three years (CAGR of 36%), surpassing guidance parameter.
  • Highest-ever Q4FY26 Pre-Sales of INR 13.46 bn (INR 1,346 Crores), a remarkable 58% YoY growth.
  • Launched 7 projects in FY26 with total GDV of INR 98.13 bn (INR 9,813 Crores), 140% of guidance, 96% YoY growth.
  • Added 5 projects in FY26 with total GDV of INR 104.20 bn (INR 10,420 Crores), 174% of guidance, +118% YoY growth.

Mumbai :  Keystone Realtors Limited, a prominent MMR based real-estate company engaged in the development of residential and commercial projects, announced its financial results for the financial year ending March 31, 2026.

Commenting on the company’s performance, Mr. Boman Irani, Chairman and Managing Director, Keystone Realtors Limited, said:

“FY26 has been an eventful and defining year for our company, one that I am proud to say fully vindicates the promises we made when we listed. Our performance metrics have surpassed guidance across all parameters. Pre-Sales for FY26 stood at INR 40.22 billion, a 33% YoY growth and 2.5 times what we achieved in FY23, reflecting a CAGR of 36% in just three years. Our MMR market share has nearly doubled, from FY23 to today. Collections reached INR 26.22 billion for FY26. On business development, we added 5 projects with a total GDV of INR 104.20 billion, 118% YoY growth. Further we also launched 7 projects with an estimated GDV of INR 98.13 billion, 96% YoY growth. On every single parameter, we surpassed our guidance and hence I say, we are now at an inflection point and the evidence thus undeniable.

We have now set for ourselves an ambitious yet achievable aspiration of becoming a Rs. 10,000 crore pre-sales company, driven by disciplined execution and long-term value creation. This journey will be powered by our three strategic enablers, i.e., the Scale Multiplier, Velocity Multiplier, and Stability Multiplier, which together will strengthen growth, accelerate delivery, and build resilience

The redevelopment opportunity in Mumbai remains extraordinary, and Rustomjee is strategically positioned as the most trusted redevelopment developer in the MMR. With a strong balance sheet, a Net Cash Positive status maintained throughout FY26, we are well capitalised and prepared to seize every opportunity ahead.

The legacy project overhang that weighed on our reported financials, are now substantially behind us and now you can expect expansion in reported margins going forward, as the new, high-margin pipeline matures and revenue recognition accelerates, our financial performance will begin to truly mirror the operational strength we have been building. 

The best of Rustomjee is ahead of us and we remain confident in our ability to solidify our position and deliver substantial value to all our stakeholders.”

Operational Highlights for Q4 FY26

  • Pre-Sales – INR 13.46 bn (i.e. INR 1,346 Crores) (Growth of 58% YoY on quarterly basis)
  • Collections – INR 8.53 bn (i.e. INR 853 Crores) (Growth of 14% YoY on quarterly basis)
  • Operating Cash Flows – INR 4.86 bn (i.e. INR 486 Crores)

Operational Highlights for FY26

  • Pre-Sales – INR 40.22 bn (i.e. INR 4,022 Crores) (Growth of 33% YoY on full year basis)
  • Collections – INR 26.22 bn (i.e. INR 2,622 Crores) (Growth of 13% YoY on full year basis)
  • Operating Cash Flows – INR 7.15 bn (i.e. INR 715 Crores)

Financial Highlights – Consolidated for Q4FY26

  • Revenue from Operations – INR 15.96 bn (i.e. INR 1,596 Crores)
  • EBITDA – INR 0.99 bn (i.e. INR 99 Crores)
  • PAT – INR 0.64 bn (i.e. INR 64 Crores)

Financial Highlights – Consolidated for FY26

  • Revenue from Operations – INR 26.35 bn (i.e. INR 2,635 Crores)
  • EBITDA – INR 2.04 bn (i.e. INR 204 Crores)
  • PAT – INR 0.95 bn (i.e. INR 95 Crores)