Keystone Realtors Limited — Investor Meet, 18-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Keystone Realtors' Q2 FY26 Earnings Conference Call highlighted robust H1 FY26 presales of ₹1,839 Cr, a 40% YoY increase, meeting 46% of their full-year guidance. The company surpassed its annual Business Development target with projects adding ₹7,727 Cr GDV and completed 70% of its launch plan. Management noted strong demand for higher-value homes and a strategic focus on asset-light Cluster Redevelopment. Upcoming H2 launches in Sewri, Thane, and Bandstand are projected at ₹5,000 Cr GDV. The company maintains a healthy balance sheet with zero net debt and a gross debt-to-equity ratio of 0.21:1, reflecting financial discipline and a confident growth outlook.