Keystone Realtors Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Keystone Realtors reported Q1 FY27 revenue of Rs 470 crores, up 72% year-on-year, with EBITDA of Rs 105.1 crores and PAT of Rs 52.4 crores. Pre-sales stood at Rs 617 crores with collections of Rs 599 crores at 97% collection efficiency, and the company added two new projects with a combined GDV of about Rs 547 crores. Management reiterated a launch pipeline of roughly Rs 8,000 crores for the year and maintained its operating cash flow guidance of Rs 1,000 crores for FY27.
Keystone Realtors reported FY26 presales of INR4,022 crores, up 33% year-on-year, with Q4 presales at INR1,346 crores, up 58% year-on-year and the company's highest ever quarterly presales. The company maintained a net cash positive position with a gross debt-to-equity ratio of 0.26:1 and received a Crisil rating of AA- with a stable outlook. Management outlined a target to reach INR10,000 crores in annual presales by FY30, alongside a transition in accounting policy from the project completion method to the percentage of completion method.