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Keystone Realtors Ltd share Price Today

Company details

688.60
710.50
518.00
750.00
6M Return 15.40%
1Y Return 24.10%
Mkt Cap.(Cr) 7,978.99
Volume 50,405
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 50,405

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Realty company Keystone Realtors announced consolidated Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue Rs 8.12 billion.
  • EBITDA Rs 0.67 billion.
  • PAT Rs 0.31 billion.
  • Pre-Sales Rs 8.43 billion.
  • Collections Rs 6.70 billion.

FY24 Financial Highlights:

  • Revenue Rs 22.22 billion.
  • EBITDA Rs 1.63 billion.
  • PAT Rs 1.12 billion.
  • Pre-Sales Rs 22.66 billion.
  • Collections Rs 22.03 billion.

Commenting on the company’s performance, Boman Irani, Chairman and Managing Director, Keystone Realtors Limited, said “In FY24, the company has demonstrated remarkable progress in terms of Pre-Sales, collections, new additions and new launches. We are thankful to all our stakeholders for their continued support and trust in us.

In FY 2024, Rustomjee Group accomplished an exceptional performance, recording Pre-Sales of Rs 2,266 crore which is a remarkable growth of 41% YoY well ahead of our guidance of 25%. Going forward, we anticipate a continued upward trajectory in Pre-Sales, driven by our strong pipeline of launches and the unwavering trust of our customers. Beyond mere figures, our dedication to excellence permeates every aspect of our operations. Throughout this financial year, we launched 6(six) developments having an estimated saleable area of 1.68 mn sqft to cater to the preferences of our diverse clientele. Further, the addition of 5 new developments during Q4 has taken our Full Year additions to 10 new developments boasting an estimated saleable area of 4.1 million sqft. During the year, we have completed 12 buildings with a developable area of 4.65 million sq ft., which is the highest ever in any year. With a promising pipeline of launches, we feel that we are at an inflection point to enter an era of exponential growth, poised for an exciting journey ahead, generating value for our stakeholders and enriching the urban living experience.”

Result PDF

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Keystone Realtors Ltd shares SWOT Analysis

Strengths (6)

  • MACD Crossover Above Signal Line
  • Strong Momentum: Price above short, medium and long term moving averages
  • Increasing profits every quarter for the past 2 quarters

Weakness (2)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (1)

  • High Volume, High Gain

Threats (1)

  • High PE (PE > 40)

Resistance and support

R1 711.2
R2 721.8
R3 733.1
Pivot

699.90

S1 689.3
S2 678.0
S3 667.4
EMA SMA
693.1
684.1
668.6
635.7
697.9
685.3
674.5
631.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
PLUTUS WEALTH MANAGEMENT LLP Bulk Purchase 2022-11-24 555.03 1710000 NSE
Name Category Shares
Boman Rustom Irani PROMOTER 42.03%
Chandresh Dinesh Mehta PROMOTER 21.02%
Percy Sorabji Chowdhry PROMOTER 21.02%
Dreamz Dwellers LLP PROMOTER 2.55%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Keystone Realtors Ltd Stocks COMPARISON

Financials( in Cr) Keystone Realtors Ltd DLF Ltd Godrej Properties Ltd Prestige Estates Projects Ltd Oberoi Realty Ltd
Price 700.60 878.60 2,998.50 1,926.85 1,907.80
% Change 0.13 0.52 -1.06 2.90 -1.40
Mcap Cr 7,978.99 217,480.91 83,370.59 77,240.09 69,367.99
Revenue TTM Cr 685.66 5,694.83 2,252.26 8,315.00 4,495.79
Net Profit TTM Cr 79.50 1,100.92 620.60 1,066.80 1,926.60
PE TTM 78.73 79.67 114.96 56.23 39.46
1 Year Return 24.10 74.46 103.36 235.60 93.86
ROCE 5.15 4.51 5.64 10.43 16.30
ROE 6.11 2.97 5.80 8.57 14.79
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,663.19 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 32,317.57 -2,589.17
LAST 3M 111,725.82 -36,230.77
LAST 6M 182,653.52 -16,910.03
LAST 12M 290,144.87 98,834.05

Keystone Realtors Ltd Information

Stock PE (TTM)
78.73
Promoter Holding
86.7%
Book Value
206.1559
ROCE
5.15%
ROE
6.11%
Description
  • Keystone Realtors Limited was incorporated as `Keystone Realtors Private Limited`, in Mumbai, under Companies` Act, 1956 dated November 6, 1995. Name of the Company subsequently changed to `Keystone Realtors Limited`, upon conversion into a Public Company, pursuant to a Shareholders` Resolution dated April 28, 2022, and a fresh Certificate of Change of Name was issued on May 6, 2022 by RoC. The Company is one of the prominent real estate developers present in the micro markets. As of June 30, 2022, it had 32 completed projects, 12 ongoing projects and 21 forthcoming projects across the Mumbai Metropolitan Region (MMR) including, a comprehensive range of projects under the affordable categories, falling under the `Rustomjee` brand. The Company has a diversified suite of projects across a wide range of price points, and a presence in several micro markets. It has experience in developing lifestyle projects, high value standalone buildings, gated communities and fully integrated townships, re-developments and stalled projects, which includes Rustomjee Elements, a large gated community in Upper Juhu, Mumbai; Rustomjee Paramount, a signature complex in Khar, Mumbai; Rustomjee Seasons, a 3.82 acres gated community in Bandra Annexe, Mumbai; Rustomjee Crown, a 5.75 acres land parcel for high-end development at Prabhadevi, South Mumbai, consisting of three high-rise towers. These projects include features for entertainment for the family, such as an approximately 150,000 sq. ft. Clubhouse at Virar Global City project, a 6.22 acres podium at Thane project, a 11.72 acres amusement park at Virar Global City project, Leon`s World which is an interactive play space for children and adults at Rustomjee Urbania project. It consider gated communities as the future of living, and strive to create "nurturing spaces" to deliver convenience, community and comfort to our customers. It place emphasis on understanding the demographic which cater to, their needs, traditions and lifestyles. As part of business model, the Company focused on entering into joint development agreements, redevelopment agreements with landowners or developers or societies, and slum rehabilitation projects, which requires lower upfront capital investment compared to direct acquisition of land parcels. With thorough experience, it has been able to institutionalize the development process, which includes managing the relationships with all stakeholders in the project. The Company has developed in-house competencies for every stage of the property development life cycle, commencing from business development, which involves identification of land parcels and the conceptualization of the development, to execution, comprising planning, designing and overseeing the construction activities, marketing and sales. In addition to in-house competencies, the Company also leverage the expertise of external specialists to match wide range of operations, such as architects, interior designers, landscaping experts, engineers and building services consultants for development and management of projects. For instance, it use 3-dimensional building information modelling (BIM) software for model-based construction which visualizes projects in pre-construction and allows for better coordination among in-house teams, contractors and external consultants for greater productivity and cost efficiency. It use solar panels in projects to generate electricity for common areas to reduce reliance on non-renewable sources of energy. In 1996, the Company launched its first residential project. In 1998, it launched `Regency` Project in Dahisar. In 2000, it launched `Adarsh/Rivera` Project in Malad. In 2001, it launched premium project `9 JVPD` on 10th Road, at Juhu. In 2004, the Company acquired abandoned projects namely, Project `Raag`, `Meg` and `Malhaar`. In 2006, it launched township tower `Urbania` in Thane. In 2007, it launched the Slum Redevelopment Project `Elita` in Andheri (West). It also launched `Global City` township project in Virar. In 2009, the Company invested shares in Mausmi SA Investments LLC. In 2010, it launched `Oriana` redevelopment project in Bandra (East). In 2011, it launched `Elements` luxury gated community project in Juhu, Andheri. In 2013, it launched `Seasons` redevelopment project in Bandra (East). In 2014, it launched a gated community project `Paramount` in Khar. In 2018, the Company signed development management agreement for their project `Crown` in Prabhadevi. In 2021, it acquired land located at Bandra (Bandstand). The Company came out with a Public Issue during November, 2022 by raising Rs. 635 crore through Fresh Issue amounting to Rs. 560 crore and Offer for Sale amounting to Rs. 75 crore.

Registered Address

702 Natraj MV Road Junction, Western Exp.Highway Andheri(E), Mumbai, Maharashtra, 400069

Tel : 91-22-66766888
Email : cs:rustomjee.com
Website : http://www.rustomjee.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543669
NSE Code : RUSTOMJEE
Book Closure Date (Month) :
BSE Group : B
ISIN : INE263M01029

FAQ’s on Keystone Realtors Ltd Shares

You can buy Keystone Realtors Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Keystone Realtors Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:49 PM the closing price of Keystone Realtors Ltd was Rs.700.60.

The latest PE ratio of Keystone Realtors Ltd as of Jun 14, 2024 03:49 PM is 78.73

The latest PB ratio of Keystone Realtors Ltd as of Jun 14, 2024 03:49 PM is 0.29

The 52-week high of Keystone Realtors Ltd share price is Rs. 750.00 while the 52-week low is Rs. 518.00

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:49 PM, the market cap of Keystone Realtors Ltd stood at Rs. 7,978.99.

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