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Keystone Realtors Q1 Update: Pre-sales fall 42% to ₹617 crore, collections rise 4%
Shares of Keystone Realtors Ltd ended at ₹423.45, up by ₹1.45, or 0.34%, on the BSE.
Here's why Godrej Properties, Lodha and shares of other Mumbai-based realtors could be under pressure
Barring Oberoi Realty, which is up 2% for the year, the shares of the other Mumbai-based realtors are down anywhere between 10.5% (Godrej Properties), to as much as 22% (Aditya Birla Real Estate). Shares of Keystone Realtors are down 26% year-to-date, while Mahindra Lifespaces shares are also down 13% for 2026 so far.
Keystone Realtors targets pre-sales worth Rs 10,000 cr by FY30
Keystone Realtors aims for Rs 10,000 crore in pre-sales by 2029-30. The company achieved Rs 4,022 crore in pre-sales for FY25, a 33% year-on-year increase. Strong project launches and business development fueled this growth. Keystone Realtors plans expansion into Pune, Nagpur, and Nashik. The company is focused on disciplined execution and long-term value creation.
Keystone Realtors says FY26 pre-sales guidance achieved but stock falls from highs
CMD Boman Irani said FY26 was a strong year across key metrics, with the company surpassing guidance on pre-sales, launches, and business development. He added that redevelopment opportunities in Mumbai remain a key focus area, and the company is well-positioned to capitalise on growth opportunities backed by a strong balance sheet.