Keystone Realtors Ltd (RUSTOMJEE) — shareholding pattern, promoter holding, financials and share price
About Keystone Realtors Ltd (RUSTOMJEE)
Keystone Realtors Ltd operates in the Residential, Commercial Projects industry, within the Realty sector. It trades on the NSE as RUSTOMJEE and on the BSE under scrip code 543669. Its ISIN is INE263M01029.
Incorporated in 1995, Keystone Realtors Limited is one of the prominent real estate developers. The company is engaged primarily in the business of real estate construction, development, and other related activities in India [1]
Keystone Realtors Limited, operating under the 'Rustomjee' brand, is a prominent real estate developer in the Mumbai Metropolitan Region (MMR), known for lifestyle projects, gated communities, and redevelopment initiatives.
The company has successfully adopted an asset-light, capital-efficient model focusing on strategic redevelopment projects, allowing it to maintain strong margins and financial flexibility.
Listed peers in Residential, Commercial Projects: Kalpataru Ltd, Puravankara Ltd, Sunteck Realty Ltd, Raymond Realty Ltd, AGI Infra Ltd, Raymond Ltd.
Valuation & Returns
10 Jul 2026At ₹423.45 a share on 10 Jul 2026, Keystone Realtors Ltd (RUSTOMJEE) was valued at a price-to-earnings ratio of 56.3x against an industry P/E of 33.91x and a price-to-book of 1.93x on a book value of ₹219.58 per share as of Mar 2025. Solomo computes return on equity of 3.43% and return on capital employed of 5.12% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 56.3x
- Industry P/E
- 33.91x
- P/B
- 1.93x
- EPS (TTM)
- ₹7.52
- Book value / share
- ₹219.58
- ROE
- 3.43%
- ROCE
- 5.12%
- ROA
- 1.43%
- Debt / equity
- 0.34x
- Dividend yield
- 0.36%
- EBITDA margin
- 7.87%
- 52-week range
- ₹359.15 – ₹697
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Keystone Realtors Ltd (RUSTOMJEE) reported revenue of ₹2,635 crore, net profit of ₹95 crore and earnings per share of ₹6.25. That compares with revenue of ₹2,004 crore and net profit of ₹188 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,596 crore and net profit ₹64 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,269 | 686 | 2,222 | 2,004 | 2,635 |
| Net profit (₹ cr) | 136 | 80 | 111 | 188 | 95 |
| EPS (₹) | 13.96 | 7.2 | 9.85 | 13.64 | 6.25 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 15.59% | -13.52% | -9.82% |
| Profit growth | 20.04% | -8.01% | 69.44% |
| Stock price CAGR | - | -13% | -37% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.59% of Keystone Realtors Ltd (RUSTOMJEE) (unchanged from the previous quarter), foreign institutional investors (FII) hold 2.36% and domestic institutional investors (DII) hold 16.38%. Market capitalisation was ₹5,346 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2022.
Largest disclosed public shareholders in Jun 2026: Quant Mutual Fund - Quant Small Cap Fund 4.93%, Sbi Life Insurance Co. Ltd 2.85%, Tata Mutual Fund - Tata Small Cap Fund 2.39%, Aditya Birla Sun Life Insurance Company Limited 1.4%, Ananta Capital Ventures Fund 1 1.2%, Hdfc Capital Affordable Real Estate Fund-3 1.19%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.59% | - | 2.36% | 16.38% | 25.41% |
| Mar 2026 | 74.59% | - | 2.55% | 17.12% | 25.41% |
| Dec 2025 | 74.59% | - | 3.08% | 16.61% | 25.41% |
| Sep 2025 | 78.25% | - | 3.07% | 15.76% | 21.75% |
| Jun 2025 | 78.34% | - | 2.81% | 16.3% | 21.66% |
| Mar 2025 | 78.35% | - | 3.1% | 16.19% | 21.65% |
| Dec 2024 | 78.35% | - | 3.28% | 16.15% | 21.65% |
| Sep 2024 | 78.35% | - | 3.41% | 16.12% | 21.65% |