Keystone Realtors Q4 Presales Jump 58% to INR1,346 Cr

Keystone Realtors reported record Q4 FY26 presales of INR1,346 crore, a 58% YoY increase, and full-year presales of INR4,022 crore, exceeding guidance.
The company added projects with GDV of INR10,400 crore in FY26, 1.74x its guidance, and maintains a net cash positive position with gross debt-to-equity of 0.26:1.
Management provided FY27 guidance of INR5,000 crore presales and outlined a target to achieve INR10,000 crore in annual presales by FY30.
The company transitioned to percentage of completion accounting and expects operational cash flow of ~INR1,000 crore in FY27 as legacy low-margin projects conclude.