# Keystone Realtors share price today (Keystone Realtors Ltd, NSE: RUSTOMJEE) > Keystone Realtors share price today: ₹358.35 at the NSE close on 3 November 2026, down 36.5% in a year. Keystone Realtors (NSE: RUSTOMJEE) is worth ₹4,527 crore, trades at a P/E of 38.5 and has closed between ₹336.95 and ₹553.00 over the past 52 weeks. > Keystone Realtors Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. RUSTOMJEE · Realty - Construction & Contracting · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/keystone-realtors-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting worse, from fewer quarters than usual - Price: ₹358.35 (−36.5% in a year) - P/E: 38.5× (lower than 91% of the last 3.9 years) - Revenue (Jun 2026): ₹470 Cr (+72.2% on a year ago) - Profit (Jun 2026): ₹52.0 Cr (+225.0% on a year ago) - Operating margin: 17.0% (+12.7 points on a year ago) - ROCE: 5%, FY26 - Profit that came in as cash: −86%, last 3 years The main question: profits are rising, but only −86% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Keystone Realtors share price today? Keystone Realtors Ltd's share price was ₹358.35 at the close on 3 November 2026. It has been falling for 52 weeks. That is 12.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹337 and ₹553, and at that close it sat 10% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row. Over the last 3.9 years the share price moved −37% while the NIFTY 500 moved +37%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Keystone Realtors this quarter? Two changes stood out: profit grew again in the June 2026 quarter and best operating margin in 12 quarters. 1. Profit grew again in the June 2026 quarter Profit was ₹52 crore, +225% on a year earlier (₹16 crore), after 4 quarters of decline. Why: Profit rose because more revenue came from current projects instead of older legacy projects, which lifted margins. Next results: check whether profit keeps rising as older legacy projects shrink and margins improve each quarter. From the earnings call on 4 Aug 2026. 2. Best operating margin in 12 quarters Operating margin was 17% in the June 2026 quarter, against 4.3% a year earlier. Why: Operating margin rose because more revenue came from current projects instead of older legacy projects, which carry lower profit. Next results: check whether the margin keeps improving each quarter as older legacy work runs out. From the earnings call on 4 Aug 2026. ## What are Keystone Realtors' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Keystone Realtors reported revenue of ₹470 crore, up 72.2% from ₹273 crore a year earlier, and a profit of ₹52.0 crore, up 225.0% from ₹16.0 crore. ### Keystone Realtors results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹470 crore | ₹273 crore | +72.2% | | Profit | ₹52.0 crore | ₹16.0 crore | +225.0% | | Earnings per share | ₹4.21 | ₹1.15 | +266.1% | | Operating margin | 17.0% | 4.3% | +12.7 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Keystone Realtors' management discussed these results on a call held on 4 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the Keystone Realtors share price history? Keystone Realtors closed at ₹358.35 on 3 November 2026, down 36.5% from ₹564.55 a year earlier (31 October 2025) and down 33.9% over three years. Its highest weekly close since November 2022 was ₹770.25 on 23 August 2024. ### Keystone Realtors share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹336.95 | +6.4% | | 1 month ago · 1 Oct 2026 | ₹361.25 | −0.8% | | 6 months ago · 30 Apr 2026 | ₹393.05 | −8.8% | | 1 year ago · 31 Oct 2025 | ₹564.55 | −36.5% | | 3 years ago · 3 Nov 2023 | ₹542.40 | −33.9% | | Earliest weekly close in our records · 25 Nov 2022 | ₹567.50 | −36.9% | | Highest weekly close since November 2022 · 23 Aug 2024 | ₹770.25 | −53.5% | | Lowest weekly close since November 2022, also the 52-week low · 23 Oct 2026 | ₹336.95 | +6.4% | | 52-week high (weekly close) · 7 Nov 2025 | ₹553.00 | −35.2% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (211 weekly closes from 25 November 2022 to 3 November 2026.) ## What is the latest news on Keystone Realtors? 3 Nov 2026: Keystone Realtors closed at ₹358.35, up 6.4% on the week and down 0.8% on the month. 4 Aug 2026: Keystone Realtors held its results call for April to June 2026. Management guided: FY27 operating cash flow of ₹1,000 crore remains intact; improvement starts in Q2 with a more noticeable step-up in Q3 and Q4. ### Earlier - Results for April to June 2026: Revenue up 72.2% and profit up 225.0% on a year earlier. ## What dividend does Keystone Realtors pay? Keystone Realtors paid no dividend in the 12 months to 4 November 2026. The last was a dividend of ₹1.50 a share, ex-date 23 May 2025. ### Keystone Realtors dividends since 1 April 2021 | Ex-date | Dividend per share | Type | | --- | --- | --- | | 23 May 2025 | ₹1.50 | Dividend | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 1 of 5 Of the last 5 financial years, years with an NSE dividend record Not in its latest year. Keystone Realtors Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 1 of its last 7 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.) ## What did Keystone Realtors management say on the latest results call? On the call for April to June 2026, held on 4 August 2026, Keystone Realtors' management guided: FY27 operating cash flow of ₹1,000 crore remains intact; improvement starts in Q2 with a more noticeable step-up in Q3 and Q4. > “The Rs. 1,000 crore guidance remains intact.” > Sajal Gupta, on the call for April to June 2026 ### What management guided - FY27 MMR launch pipeline across Urbania, Avinash Towers, 28 HQ, Ozone Sky, GTB Nagar, Dindoshi and Omnagar estimated at ₹8,000 crore GDV. - GTB Nagar planned this quarter or early next; Dindoshi expected within FY27, possibly by next quarter. - FY27 revenue mix expected at 15% legacy and 85% current projects; legacy should be the final year and margins improve quarter by quarter. - Old completed-project-method pool: almost 95% recognized in FY27; from FY28, almost 98% of revenue under percentage-of-completion. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/49670/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 4 August 2026.) ## What to watch in Keystone Realtors' next results? When Keystone Realtors reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: GTB Nagar and Dindoshi approvals converting into launches on the stated timetable. - What to check (from the call) - GTB Nagar and Dindoshi approvals converting into launches on the stated timetable. - Operating cash flow beginning the promised Q2 pickup, with stronger conversion visible in the second half. - Legacy recognition tapering while current-project mix sustains quarter-by-quarter margin improvement. - Goregaon West demand read-through distinguishing premium and aspirational walk-ins after launch. ## Which stock lists is Keystone Realtors on? Keystone Realtors is on 2 of our India lists: 52 week high & low and Real estate, REIT & cement. - [52 week high & low 52-week position: Near 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india) - [Real estate, REIT & cement Group on the list: Home and office developers](https://www.sectoralpha.in/sectors/real-estate-stocks-india) ## Is Keystone Realtors profitable? Keystone Realtors Ltd earned ₹52.0 Cr of net profit in the Jun 2026 quarter, +225.0% on the same quarter a year earlier. Full-year FY26 profit was ₹95.0 Cr. Over 6 years profit has grown 37.6% a year on average. That is 11.1% of the quarter's revenue. The same quarter a year earlier earned ₹16.0 Cr. For the full year, FY26 profit was ₹95.0 Cr (−49.5% on the year before). Why profit moved: revenue changed +72.2% on a year earlier and the margin moved +12.7 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +13.1% and revenue +49.0%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Keystone Realtors make, and is it growing? Keystone Realtors Ltd reported ₹470 Cr of revenue in the Jun 2026 quarter, +72.2% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 6 years it has grown 13.8% a year on average. The last full year, FY26, came in at ₹2,635 Cr. The last four reported quarters add to ₹2,831 Cr. FY26 revenue was ₹2,635 Cr, +31.5% on the year before. Recent pace: the last four quarters grew +49.0% on average, against 13.8% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +52.6%, against +9.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −26.8%, against +20.6% a year (rolling over). ## How much of every ₹100 of sales does Keystone Realtors keep? Keystone Realtors Ltd's operating margin was 17.0% in the Jun 2026 quarter, 12.7 percentage points higher than the same quarter a year ago. Across 7 years it has been between 4.6% and 15.0%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +13.2 percentage points on the year while gross margin changed +0.9 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Keystone Realtors' profit turning into cash? Over the last 3 years Keystone Realtors Ltd's operations used more cash than they brought in, so cash conversion was −86%, a gap worth watching. In FY26 its operations used ₹509 Cr of cash, against ₹95.0 Cr of profit. After ₹9.0 Cr of spending on assets, free cash was −₹518 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Keystone Realtors' cash go? Keystone Realtors Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹2,635 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹365 Cr on assets over the last 3 years. Averaged over those years that is 4.6% of FY26 revenue a year. Spending on assets: ₹365 Cr over the last 3 years, against ₹38.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Keystone Realtors' P/E ratio, and how does it compare with its own history? Keystone Realtors Ltd's P/E is 38.5×, near the low end of its own history: it has been lower only 9% of the time. Its usual P/E (the middle reading) is 51.5×, over 3.9 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −54.2% while the price moved −36.5%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved −12.9% a year; about −5.1% a year came from earnings growth and about −7.8 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. The PEG ratio and its quarterly curve, which only the second data source has, are not shown on this page: its two data sources disagree by up to 48% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the Keystone Realtors business getting better or worse? Keystone Realtors Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −26.8% in the latest quarter, against +98.9% at its best in 12 quarters, with ROCE steady at 5.0%. This is based on 8 quarters of 4 measures, with some gaps. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Keystone Realtors earn on its capital? Keystone Realtors Ltd earned a ROCE of 5% in FY26. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 3.6% net margin and 0.39× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 3.6% net margin × 0.39× asset turnover × 2.34× leverage (assets divided by equity) ≈ 3.3% on equity. The margin does its share; borrowing is a big part of it. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 48% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Keystone Realtors have too much debt? Keystone Realtors Ltd had ₹1,484 Cr of borrowings against ₹2,863 Cr of equity in FY26, so its debt is 0.52× its equity. Its operating profit is 2 times its interest bill. Over 5 years borrowings went from ₹1,220 Cr to ₹1,484 Cr. Over the last 3 of those years it spent ₹365 Cr on assets. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 48% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the Keystone Realtors shareholding pattern? Promoters cut their stake in Keystone Realtors Ltd by 3.8 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 74.5% of the company. Foreign institutions moved −1.0 points over the same period, to 2.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −3.8 points over 8 quarters, to 74.5%; Foreign institutions: −1.0 points over 8 quarters, to 2.4%; Domestic institutions: +0.1 points over 8 quarters, to 16.3%. Why the owners changed: promoters drove it (−3.8 points), together with foreign institutions (−1.0 points). They reduced their stake. ## How far is Keystone Realtors from balance-sheet trouble? For Keystone Realtors Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Keystone Realtors rank in its industry? 48.3 out of 100, rank 13 of 26 in Realty - Construction & Contracting, with 63% of the evidence available. Keystone Realtors Ltd scores 48.3 out of 100 against the 26 companies it is compared with in Realty - Construction & Contracting, ranking 13. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 17.5 + 10.3 + 12.3 + 8.2 = 48.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Keystone Realtors compared with? Keystone Realtors ranks 13 of 26 Realty - Construction & Contracting companies on the 4-Factor Sector Score, with 48.3 out of 100. 1. [Suratwwala Business Group Ltd](https://www.sectoralpha.in/stocks/suratwwala-business-group-ltd) SBGLP · Most evidence points up · 76% evidence 72.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.2/43.75 · Revenue 100% · Profit 100% · Operating margin change -11.9 points · 88% evidence Capital efficiency 22.8/31.25 · ROCE 30.8% · Operating margin 31.9% · 100% evidence Valuation 17.7/25 · P/E 9.7× · PEG 1.22 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 32.2 + 22.8 + 17.7 = 72.7 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 2. [Ashiana Housing Ltd](https://www.sectoralpha.in/stocks/ashiana-housing-ltd) ASHIANA · quiet · Evidence leans up · 86% evidence 62.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.5/35 · Revenue 37% · Profit 100% · Operating margin change 3 points · 88% evidence Capital efficiency 13.1/25 · ROCE 14% · Operating margin 7% · 100% evidence Valuation 10.1/20 · P/E 28.6× · PEG n/a · 50% evidence Relative strength 11.9/20 · Lead over its industry 2.8% · Lead over NIFTY 500 4.7% · 1 year 19.4% · 100% evidence · 1 of 12 weeks ahead Exact sum: 27.5 + 13.1 + 10.1 + 11.9 = 62.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Arihant Foundations & Housing Ltd](https://www.sectoralpha.in/stocks/arihant-foundations-housing-ltd) ARIHANT · quiet · Evidence leans up · 81% evidence 62.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.9/35 · Revenue 88.8% · Profit 38.8% · Operating margin change 1 points · 88% evidence Capital efficiency 16.7/25 · ROCE 16.4% · Operating margin 27% · 100% evidence Valuation 15.6/20 · P/E 13× · PEG 0.24 · 100% evidence Relative strength 8.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -11.1% · 1 year -22% · 25% evidence · 9 of 12 weeks ahead Exact sum: 20.9 + 16.7 + 15.6 + 8.8 = 62 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [PVP Ventures Ltd](https://www.sectoralpha.in/stocks/pvp-ventures-ltd) PVP · leader · Evidence leans up · 64% evidence 59.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue 100% · Profit 100% · Operating margin change 0 points · 62% evidence Capital efficiency 9.0/25 · ROCE 6.4% · Operating margin 29% · 76% evidence Valuation 9.0/20 · P/E 75.8× · PEG n/a · 15% evidence Relative strength 19.2/20 · Lead over its industry 28.5% · Lead over NIFTY 500 30.2% · 1 year 29.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.1 + 9 + 9 + 19.2 = 59.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Ajmera Realty & Infra India Ltd](https://www.sectoralpha.in/stocks/ajmera-realty-infra-india-ltd) AJMERA · turning · Evidence leans up · 78% evidence 58.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.3/35 · Revenue 43.3% · Profit 23.5% · Operating margin change -1 points · 83% evidence Capital efficiency 16.6/25 · ROCE 14.3% · Operating margin 29% · 76% evidence Valuation 9.1/20 · P/E 16.9× · PEG n/a · 50% evidence Relative strength 11.7/20 · Lead over its industry -2.3% · Lead over NIFTY 500 -0.5% · 1 year -38.3% · 100% evidence · 2 of 12 weeks ahead Exact sum: 21.3 + 16.6 + 9.1 + 11.7 = 58.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Arvind SmartSpaces Ltd](https://www.sectoralpha.in/stocks/arvind-smartspaces-ltd) ARVSMART · breaking out · Evidence leans up · 78% evidence 57.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.6/35 · Revenue 5.3% · Profit 48% · Operating margin change 28 points · 83% evidence Capital efficiency 16.1/25 · ROCE 12.4% · Operating margin 49% · 76% evidence Valuation 11.6/20 · P/E 14× · PEG n/a · 50% evidence Relative strength 9.9/20 · Lead over its industry -1.7% · Lead over NIFTY 500 0.2% · 1 year -11.6% · 100% evidence · 5 of 12 weeks ahead Exact sum: 19.6 + 16.1 + 11.6 + 9.9 = 57.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Raymond Ltd](https://www.sectoralpha.in/stocks/raymond-ltd) RAYMOND · leader · Evidence leans up · 75% evidence 56.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.9/35 · Revenue 16.7% · Profit -80% · Operating margin change 3 points · 95% evidence Capital efficiency 9.1/25 · ROCE 3.1% · Operating margin 11% · 76% evidence Valuation 8.8/20 · P/E 138× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 94.5% · Lead over NIFTY 500 96.4% · 1 year 91.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.9 + 9.1 + 8.8 + 20 = 56.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Eldeco Housing & Industries Ltd](https://www.sectoralpha.in/stocks/eldeco-housing-industries-ltd) ELDEHSG · turning · Evidence leans up · 81% evidence 56.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.3/35 · Revenue 38.1% · Profit 100% · Operating margin change 25 points · 88% evidence Capital efficiency 14.0/25 · ROCE 7.7% · Operating margin 36% · 100% evidence Valuation 3.5/20 · P/E 21.2× · PEG 2.59 · 100% evidence Relative strength 9.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.1% · 1 year -11% · 25% evidence · 1 of 12 weeks ahead Exact sum: 29.3 + 14 + 3.5 + 9.8 = 56.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Capacite Infraprojects Ltd](https://www.sectoralpha.in/stocks/capacite-infraprojects-ltd) CAPACITE · quiet · Evidence leans up · 81% evidence 55.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.3/35 · Revenue 12.4% · Profit -5.6% · Operating margin change -1 points · 88% evidence Capital efficiency 15.9/25 · ROCE 15.5% · Operating margin 16% · 100% evidence Valuation 17.4/20 · P/E 6.7× · PEG 0.59 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -32.9% · 1 year -49.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 14.3 + 15.9 + 17.4 + 7.5 = 55.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 10. [Kolte Patil Developers Ltd](https://www.sectoralpha.in/stocks/kolte-patil-developers-ltd) KOLTEPATIL · leader · Evidence leans up · 66% evidence 52.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue 7.8% · Profit 47.1% · Operating margin change 53 points · 65% evidence Capital efficiency 7.5/25 · ROCE -0.3% · Operating margin 21% · 100% evidence Valuation 11.5/20 · P/E 31.6× · PEG 0.74 · 65% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 19.9% · 1 year 3.9% · 25% evidence · 12 of 12 weeks ahead Exact sum: 21.4 + 7.5 + 11.5 + 12.2 = 52.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Geecee Ventures Ltd](https://www.sectoralpha.in/stocks/geecee-ventures-ltd) GEECEE · leader · Evidence leans up · 96% evidence 52.0 out of 100 Growth Capital Valuation Relative 12. [Sunteck Realty Ltd](https://www.sectoralpha.in/stocks/sunteck-realty-ltd) SUNTECK · turning · Evidence leans up · 93% evidence 50.7 out of 100 Growth Capital Valuation Relative 13. Keystone Realtors Ltd this page RUSTOMJEE · basing · Evidence leans down · 63% evidence 48.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.5/35 · Revenue 52.6% · Profit -26.8% · Operating margin change 12.7 points · 83% evidence Capital efficiency 10.3/25 · ROCE 4.7% · Operating margin 17% · 76% evidence Valuation 12.3/20 · P/E 36.3× · PEG n/a · 50% evidence Relative strength 8.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -16.2% · 1 year -40.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 17.5 + 10.3 + 12.3 + 8.2 = 48.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 14. [Suraj Estate Developers Ltd](https://www.sectoralpha.in/stocks/suraj-estate-developers-ltd) SURAJEST · quiet · Evidence leans down · 100% evidence 47.6 out of 100 Growth Capital Valuation Relative 15. [AGI Infra Ltd](https://www.sectoralpha.in/stocks/agi-infra-ltd) AGIIL · quiet · Evidence leans down · 96% evidence 47.5 out of 100 Growth Capital Valuation Relative 16. [Kesar India Ltd](https://www.sectoralpha.in/stocks/kesar-india-ltd) quiet · Evidence leans down · 76% evidence 45.8 out of 100 Growth Capital Valuation Relative 17. [Laxmi Goldorna House Ltd](https://www.sectoralpha.in/stocks/laxmi-goldorna-house-ltd) LGHL · breaking out · Evidence leans down · 71% evidence 45.6 out of 100 Growth Capital Valuation Relative 18. [Ganesh Housing Ltd](https://www.sectoralpha.in/stocks/ganesh-housing-ltd) GANESHHOU · basing · Evidence leans down · 100% evidence 42.9 out of 100 Growth Capital Valuation Relative 19. [Shriram Properties Ltd](https://www.sectoralpha.in/stocks/shriram-properties-ltd) SHRIRAMPPS · basing · Evidence leans down · 96% evidence 42.4 out of 100 Growth Capital Valuation Relative 20. [Omaxe Ltd](https://www.sectoralpha.in/stocks/omaxe-ltd) OMAXE · breaking out · Too little evidence to rank firmly · 56% evidence 41.7 out of 100 Growth Capital Valuation Relative 21. [Hubtown Ltd](https://www.sectoralpha.in/stocks/hubtown-ltd) HUBTOWN · turning · Evidence leans down · 68% evidence 40.3 out of 100 Growth Capital Valuation Relative 22. [Valor Estate Ltd](https://www.sectoralpha.in/stocks/valor-estate-ltd) DBREALTY · quiet · Evidence leans down · 79% evidence 40.2 out of 100 Growth Capital Valuation Relative 23. [SignatureGlobal India Ltd](https://www.sectoralpha.in/stocks/signatureglobal-india-ltd) SIGNATURE · quiet · Evidence leans down · 79% evidence 38.6 out of 100 Growth Capital Valuation Relative 24. [Puravankara Ltd](https://www.sectoralpha.in/stocks/puravankara-ltd) PURVA · quiet · Too little evidence to rank firmly · 49% evidence 54.4 out of 100 Growth Capital Valuation Relative 25. [Hemisphere Properties India Ltd](https://www.sectoralpha.in/stocks/hemisphere-properties-india-ltd) HEMIPROP · basing · Too little evidence to rank firmly · 49% evidence 30.7 out of 100 Growth Capital Valuation Relative 26. [Peninsula Land Ltd](https://www.sectoralpha.in/stocks/peninsula-land-ltd) PENINLAND · Too little evidence to rank firmly · 48% evidence 26.9 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Realty - Construction & Contracting](https://www.sectoralpha.in/sectors/realty-construction-contracting), all 26 compared on one page. ## Which companies are close to Keystone Realtors in size? Keystone Realtors is the 6th largest of 26 Realty - Construction & Contracting companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Ganesh Housing, Puravankara and Valor Estate. Just below it: Sunteck Realty, Kolte Patil Developers and Kesar India. ### Realty - Construction & Contracting companies close in size 1. [Ganesh Housing Ltd](https://www.sectoralpha.in/stocks/ganesh-housing-ltd) ₹5,568 crore 2. [Puravankara Ltd](https://www.sectoralpha.in/stocks/puravankara-ltd) ₹4,549 crore 3. [Valor Estate Ltd](https://www.sectoralpha.in/stocks/valor-estate-ltd) ₹4,331 crore 4. Keystone Realtors Ltd ₹4,270 crore 5. [Sunteck Realty Ltd](https://www.sectoralpha.in/stocks/sunteck-realty-ltd) ₹4,115 crore 6. [Kolte Patil Developers Ltd](https://www.sectoralpha.in/stocks/kolte-patil-developers-ltd) ₹3,934 crore 7. [Kesar India Ltd](https://www.sectoralpha.in/stocks/kesar-india-ltd) ₹3,607 crore [All 26 Realty - Construction & Contracting companies, largest first](https://www.sectoralpha.in/sectors/realty-construction-contracting#all-companies) ### Companies close in size in other industries 1. [Deep Industries Ltd](https://www.sectoralpha.in/stocks/deep-industries-ltd) ₹4,272 crore · Oil Drilling & Exploration 2. [Inox Green Energy Services Ltd](https://www.sectoralpha.in/stocks/inox-green-energy-services-ltd) ₹4,272 crore · Miscellaneous 3. Keystone Realtors Ltd ₹4,270 crore 4. [Rolex Rings Ltd](https://www.sectoralpha.in/stocks/rolex-rings-ltd) ₹4,264 crore · Bearings 5. [RPG Life Sciences Ltd](https://www.sectoralpha.in/stocks/rpg-life-sciences-ltd) ₹4,260 crore · Pharma - Formulators ## What else do people ask about Keystone Realtors? ### What is Keystone Realtors's share price today? Keystone Realtors Ltd's share price is ₹358.35, −36.5% over the past year. The whole company is worth ₹4,527 Cr on the market. In the last 52 weeks it traded between ₹337 to ₹553; today it is 10% of the way up from the low, 12.8% below its 200-day average (as of 3 November 2026). ### What were Keystone Realtors's latest quarterly results? Keystone Realtors Ltd reported revenue of ₹470 Cr and net profit of ₹52.0 Cr for the Jun 2026 quarter. Revenue rose 72.2% and profit rose 225.0% compared with a year earlier. Earnings per share were ₹4.21. The operating margin was 17.0%, 12.7 percentage points higher than a year earlier (as of 3 November 2026). ### What is Keystone Realtors's market cap? Keystone Realtors Ltd's market capitalisation is ₹4,527 Cr at a share price of ₹358.35. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Keystone Realtors performing? Keystone Realtors Ltd's share price has been falling for 52 weeks. In its latest quarter, revenue rose 72.2% and profit rose 225.0% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will Keystone Realtors's share price go up? This page does not forecast Keystone Realtors Ltd's share price. What it shows instead: the share price is ₹358.35, and it has been falling for 52 weeks. Its P/E of 38.5× is higher than 9% of its own last 4 years (as of 3 November 2026). ### Who owns Keystone Realtors? Promoters own 74.5% of Keystone Realtors Ltd, foreign institutions 2.4%, domestic institutions 16.3% and the public 6.7% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 3.8 percentage points over 8 quarters (as of 3 November 2026). ### Where is Keystone Realtors in its business cycle? Keystone Realtors Ltd's FY26 operating margin was 4.6%, against a 7-year range of 4.6% to 15.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 17.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Keystone Realtors story? The main question: profits are rising, but only −86% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Keystone Realtors a stock worth studying right now? What the numbers show: Keystone Realtors Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Keystone Realtors share price forecast for 2026? What management itself guided: FY27 operating cash flow of ₹1,000 crore remains intact; improvement starts in Q2 with a more noticeable step-up in Q3 and Q4. ## Lists - 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india - Real estate, REIT & cement: https://www.sectoralpha.in/sectors/real-estate-stocks-india This is research, not advice. We’re not SEBI-registered.