Mumbai-based Keystone Realtors Limited, operating under the Rustomjee brand, delivered its highest-ever quarterly pre-sales of ₹13.46 billion in Q4FY26, representing a 58% year-on-year jump from ₹8.54 billion in the same quarter last year. According to the company's latest disclosure dated April 6, 2026, the company announced it had met its full-year pre-sales guidance of ₹40.22 billion — up 33% over FY25's ₹30.28 billion. Collections also reached a record in the quarter at ₹8.53 billion, 14% higher than Q4FY25, bringing full-year collections to ₹26.21 billion, a 13% annual gain compared to ₹23.27 billion in the previous year. This performance indicates strong demand across its projects and successful execution of its sales strategy.
The company launched two projects in Q4 — Bandstand Cama in Bandra West and Rustomjee Vista Bay in Sewri — with a combined saleable area of 0.69 million sq ft and an estimated gross development value (GDV) of ₹39.78 billion. As reported by the company's disclosure, for the full year, Keystone launched seven projects with an estimated GDV of ₹98.13 billion, nearly doubling from ₹50.19 billion in FY25. The company exceeded its annual launch guidance by achieving 140% of its target, signaling strong execution capabilities and reinforcing its strategic focus on new project launches.
On the business development front, the company added five redevelopment projects in FY26 with a total GDV of ₹104.20 billion, marking a 118% increase over the previous year. According to the company's disclosure, these additions were largely redevelopment projects, reinforcing its strategic focus on this segment. The company completed six projects in FY26 totalling 2.23 million sq ft of construction area. Additionally, the company's operational area increased to 2.12 million square feet in FY26 from 1.69 million square feet in FY25, reflecting a 25% growth and highlighting its ability to scale operations alongside rising demand.
The company received a credit rating of 'A+ with Stable Outlook' from India Ratings, in addition to its existing 'A+ with Stable Outlook' from ICRA. As reported by the company's disclosure, the strong credit ratings indicate financial strength and stability. Management highlighted that performance exceeded guidance across key metrics, positioning the company for continued growth. The company's operational expansion and strategic focus on redevelopment opportunities reflect its commitment to sustainable growth and market leadership in the Mumbai real estate sector.
