Mumbai, November 13, 2025: Keystone Realtors Limited, a prominent MMR based real-estate company engaged in the development of residential and commercial projects, announced its financial results for Q2FY26. Keystone Realtors Limited has commenced FY26 on a strong and promising note, delivering outstanding results across key performance metrics.

Commenting on the company’s performance, Mr. Boman Irani, Chairman and Managing Director, Keystone Realtors Limited, said “We are pleased with the company’s strong performance in Q2 FY25-26, which reflects both the dedication of our teams and the trust our customers continue to place in us. Building on the remarkable momentum of FY25, our pre-sales reached INR 772 Crores in Q2 FY26, marking a 10% YoY growth on quarterly basis, and INR 1,839 Crores for H1 FY26, representing a robust 40% growth YoY on a half-yearly basis. During this quarter, we successfully launched one new project with an estimated GDV of INR 949 Crores, taking our cumulative launches for H1 FY26 to four projects with a total GDV of INR 4,916 Crores. In line with our proactive business development strategy, we also added three new projects in H1 FY26, including two cluster redevelopment projects, with a combined GDV of INR 7,727 Crores, thereby exceeding our full-year guidance within the first half itself. We continue to witness strong demand across our portfolio, driven by the strength of our brand, thoughtful design, and customer-centric approach. With a robust pipeline of upcoming launches for the remainder of FY26, we remain confident of sustaining our growth trajectory. At Rustomjee, we remain steadfast in our vision to create enduring value - for our customers, investors and all stakeholders, through responsible growth, design innovation and operational excellence.”

Operational Highlights for Q2FY26

• Pre-Sales – INR 7.72 bn (i.e. INR 772 Crores)
• Collections - INR 6.69 bn (i.e. INR 669 Crores)
• Operating Cash Flows – INR 1.09 bn (i.e. INR 109 Crores)

Operational Highlights for H1FY26

• Pre-Sales – INR 18.39 bn (i.e. INR 1,839 Crores)
• Collections - INR 12.45 bn (i.e. INR 1,245 Crores)
• Operating Cash Flows – INR 2.27 bn (i.e. INR 227 Crores)

Financial Highlights - Consolidated for Q2FY26

• Revenue from Operations - INR 4.99 bn (i.e. INR 499 Crores)
• EBITDA - INR 0.37 bn (i.e. INR 37 Crores)
• PAT - INR 0.10 bn (i.e. INR 10 Crores)

Financial Highlights - Consolidated for H1FY26

• Revenue from Operations - INR 7.72 bn (i.e. INR 772 Crores)
• EBITDA - INR 0.66 bn (i.e. INR 66 Crores)
• PAT - INR 0.26 bn (i.e. INR 26 Crores)

New Additions, Launches and Completions

• In H1FY26, we added 3 projects with an estimated GDV of INR 77.27 bn (i.e. INR 7,727 Crores). surpassing our full year FY26 guidance of INR 60 bn (i.e. INR 6,000 Crores).
• During Q2FY26 we launched 1 project with an estimated GDV of INR 9.49 bn (i.e. INR 949 Crores). With this, we have launched a total of 4 projects in H1FY26 with an estimated GDV of INR 49.16 bn. (i.e. INR 4,916 Crores) About 70% of the full-year FY26 launches guidance of INR 70 bn (i.e. INR 7,000 Crores) has already been achieved in H1FY26.

Secured Debt

• Gross Debt stands at ~INR 5.88 bn (i.e. INR 588 Crores) and Gross Debt/Equity ratio is 0.21 as on Q2FY26. Net Debt stands at NIL.

Credit Rating

• In addition to ICRA’s Credit rating of “A+ (with Stable Outlook)”, India Ratings has assigned a Credit rating of “A+ (with Positive Outlook)”.