| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 464.02 | 12.9% |
| Total Income | 485.82 | 12.7% |
| Expenditure | 437.55 | 5.9% |
| PBT | 48.27 | 47.0% |
| Net Profit | 29.98 | 54.3% |
| OPM | 2.55% | 7.85pp |
| NPM | 6.91% | 5.37pp |
| EPS | 1.20 | 77.6% |
Keystone Realtors Ltd Reports Robust Performance on Key Operational Metrics and Achieves Full-Year F24 Pre-Sales in Just 9MFY25
11 Feb 2025 · 11 Feb 2025, 07:25 pm
Summary
Keystone Realtors Ltd, a prominent MMR based real-estate company, announced its financial results for Q3FY25. The company reported a 40% YoY growth in pre-sales, reaching INR 863 Crores. The collections stood at INR 542 Crores and operating cash flows were INR 84 Crores. For 9MFY25, the pre-sales were INR 2,174 Crores, collections were INR 1,579 Crores, and operating cash flows were INR 353 Crores. The company added projects with an estimated GDV of INR 32.97 bn in YTD FY25 and launched projects with an estimated GDV of INR 40.57 bn in YTD FY25. The company's gross debt stands at INR 373 Crores and net debt is NIL as on Q3FY25.
Key Highlights
- 1
Q3FY25 Pre-Sales grew 40% on YoY basis to INR 8.63 bn
- 2
Added 6 projects having GDV of ~INR 32.97 bn in YTD FY25
- 3
Launched 5 projects with a GDV of ~INR 40.57 bn YTD FY25
- 4
EBITDA for 9MFY25 has increased from Rs. 96 Crores to Rs. 225 Crores - growth of 134%
- 5
PAT for 9MFY25 has increased from Rs. 81 Crores to Rs. 121 Crores - growth of 50%
Management Comments
Mr. Boman Irani
The company has demonstrated remarkable progress in terms of Pre-Sales, collections, new project additions and new launches. We are thankful to all our stakeholders for their continued support and trust in us. I’m pleased to share that we have almost achieved the full-year Pre-Sales for FY 24 within the first 9 months of FY25, thanks to a series of strong launches having GDV of INR 4,057 Crores. As we successfully close out the third quarter of FY 25, we are right in line with the guidance we provided, and I’m excited to report that our Pre-Sales for Q3FY 25 have reached INR 863 Crores, reflecting a 40% YoY growth. This performance is a testament to the resilience of our strategy and the continued momentum we're experiencing. The fundamentals of our company remain strong, and we are confident in our ability to not only achieve our guidance but to surpass it.
Informational and educational content only. Not investment advice.