Q3 FY2026 Numbers, Credit Ratings, and more

Keystone Realtors Limited, a prominent real estate company based in the Mumbai Metropolitan Region (MMR), today announced its financial results for Q3 FY26. Source – BSE

The company has commenced FY26 on a strong and promising note, delivering outstanding results across key performance metrics, largely driven by a strong focus on redevelopment and expansion within the MMR region, as well as the competitive advantage of its unique strengths.

Financial Highlights: Q3 FY2026 (Consolidated Numbers)

• Revenue from Operations: INR 2.66 bn (₹266 Crores)
• EBITDA: INR 0.39 bn (₹39 Crores)
• PAT: INR 0.05 bn (₹5 Crores)

Financial Highlights: YTD FY2026 (Consolidated Numbers)

• Revenue from Operations: INR 10.39 bn (₹1,039 Crores)
• EBITDA: INR 1.06 bn (₹106 Crores)
• PAT: INR 0.31 bn (₹31 Crores)

Operational Highlights: Q3 FY2026

• Pre-Sales: INR 8.37 bn (₹837 Crores)
• Collections: INR 5.24 bn (₹524 Crores)
• Operating Cash Flows: INR 0.02 bn (₹2 Crores)

Project Additions in Q3 FY206

• During Q3 FY2026, Keystone added 1 project with an estimated Gross Development Value (GDV) of INR 3.82 bn (₹382 Crores).
• With this, the company has added a total of 4 projects in YTD FY2026 with an estimated GDV of INR 86.49 bn (₹8,649 Crores), surpassing full-year FY2026 guidance of INR 60 bn (₹6,000 Crores).

New Project Launches in Q3 FY2026

• During Q3 FY2026, the company launched 1 project with an estimated GDV of INR 9.19 bn (₹919 Crores).
• With this, it has launched a total of 5 projects in YTD FY2026 with an estimated GDV of INR 58.35 bn (₹5,835 Crores).

Project Completions

About 83% of the full-year FY2026 launches guidance of INR 70 bn (₹7,000 Crores) has already been achieved in YTD FY2026.

Credit Rating

1. ICRA’s Credit rating of “A+ (with Stable Outlook)”,
2. India Ratings has assigned a Credit rating of “A+ (with Positive Outlook).”

Click on keystone realtors latest news for detailed information.

Chairman & MD Speech –

Commenting on the company’s performance for Q3 FY2026, Mr. Boman Irani, Chairman & MD, said

We are delighted with the company’s strong performance in Q3 FY25-26, which reflects both the commitment of our teams and the continued trust of our customers.

Building on the momentum from FY2025, our pre-sales reached ₹837 Crores in Q3 FY2026 and ₹2,676 Crores for YTD FY2026, representing a robust 23% year-on-year growth.

We continue to see strong demand across our portfolio, fueled by the strength of our brand, thoughtful design, and customer-focused approach. With a robust pipeline of upcoming launches for the remainder of FY26, we remain confident in sustaining our growth trajectory.

At Rustomjee, we remain committed to creating enduring value for our customers, investors, and all stakeholders through responsible growth, design innovation, and operational excellence.

The market capitalization of the company is ₹5,900 Cr.

The stock is currently trading below its 20, 50, 100, and 200 DEMA.

LAST ARTICLE – Capacite Infraprojects Ltd News

13 November 2022

Keystone Realtors Limited (rustomjee group company) – one of the prominent “real estate developers” in the Mumbai Metropolitan Region is planning to raise INR 635 Crore via IPO [Fresh Issue 630 Cr + OFS 75 Cr]

keystone realtors share price is fixed at INR 541

Keystone Realtors: History

The Company was incorporated as ‘Keystone Realtors Private Limited’, in Mumbai, under the provisions of Companies Act, 1956 pursuant to a certificate of incorporation dated November 6, 1995 issued by the Registrar of Companies.

Keystone Realtors: Business

The company is engaged primarily in the business of real estate construction, development and other related activities in the micro market.

As of March 31, 2022, Keystone Realtors had 32 completed projects, 12 on-going projects and 19 forthcoming projects across the Mumbai Metropolitan Region (MMR) that includes a comprehensive range of projects under the affordable, mid and mass, aspirational, premium and super premium categories, all under the “Rustomjee” brand.

As of 30 June 2022, the company has developed 20.22 million square feet of –

High-value and affordable residential buildings,

Corporate parks,

Premium gated estates,

Retail spaces,

Schools,

Townships,

Iconic landmarks, and

Other real estate projects

Market Share

Keystone Realtors command a market share of 28% in Khar, 23% market in Juhu, 11% in Bandra East, 14% in Virar, 3% in Thane and 5% in Bhandup in terms of absorption (in units) from 2017 to 2021 (Source: Anarock  Report)

Strategies Ahead

• Leverage the ‘Rustomjee’ brand to grow our asset-light operations
• Improve operational efficiency with technological innovation
• Leverage leadership position in the premium category to grow company’s presence in the mid and aspirational category
• Focus on sustainability

Promoters

• Boman Rustom Irani,
• Percy Sorabji Chowdhry,
• Chandresh Dinesh Mehta

IPO DETAILS

Dates = 14 Nov 2022 to 16 Nov 2022

Face Value (FV) = INR 10

Issue Price = INR 514 to INR 541

Minimum Investment Amount = INR 14607

Minimum Bid = 27 Shares

Listing On = BSE, NSE

BOOK RUNNING LEAD MANAGERS

Axis Capital Limited, Credit Suisse Securities (India) Private Limited

FINANCIALS (Rs in Cr)

Conclusion

FinBlab recommends NEUTRAL ratings on Keystone Realtors IPO

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Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Keystone Realtors IPO – Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Q3 FY26 Numbers, MoU, and More

Arisinfra Solutions Limited, a leading tech-enabled supply and services network for India’s construction and real estate sectors, today announced its financial results for the quarter ended December 31, 2025.

The company has posted a solid set of numbers in Q3 FY26, driven by the expansion of its secured supply networks, higher scale of operations, improved operating efficiency, disciplined cost & capital efficiency management, and the continued success of its integrated materials & real estate solutions platform.

Q3 FY26 Highlights

• The total income of the company stood at ₹272.48 Cr in Q3 FY26, compared to ₹185.58 Cr in Q3 FY25 (up 46.82% year-over-year), driven by sustained demand across core markets and a deeper wallet share with existing clients.
• Profit After Tax for the quarter was ₹18.27 Cr, compared to ₹2.05 Cr in Q3 FY25 (UP 790% Year on Year), largely supported by improved operating performance and significantly lower finance costs.
• Operationally, daily dispatches averaged 765 during the quarter, while the customer and vendor base continued to expand, strengthening network depth and execution capability.

Refer to Arisinfra share news today for more information.

Strategic Business Collaboration

The Company has signed a strategic MoU with JS Infra Solutions Ltd to evaluate India’s ₹35,000 Cr asphalt market through an asset-light approach, strengthening Arisinfra’s network-led expansion in the segment.

New Order Win

Arisinfra Solutions Ltd., through its subsidiary Buildmex Infra Pvt. Ltd., secured an asphalt supply and execution-linked order worth ₹35 Cr from Goswami Infra.

Chairman and MD Speech:

Commenting on Q3 FY 26 numbers, Ronak K. Morbia, Chairman and Managing Director of the company, said –

Our Q3 FY26 performance reflects the continued evolution of Arisinfra into an execution-led, systems-driven platform.

While demand across Contract Manufacturing and Services remained steady, our focus during the quarter was on strengthening execution capability, improving capital velocity, and building visibility across complex infrastructure and real estate engagements.

As India’s infrastructure and real-estate ecosystem moves toward larger, faster, and more accountability-driven projects, value creation is increasingly shifting from pure supply to execution reliability and coordination.

In response, we are expanding selectively into execution-intensive categories such as road infrastructure and asphalt through asset-light, partnership-led models, while deepening our integrated services capabilities across project lifecycle management.

Looking ahead, our priorities are centred on scaling execution without balance-sheet strain, increasing repeat institutional engagements, and embedding technology-led control across sourcing, delivery, and cash cycles.

With improving demand visibility and strengthening execution partnerships, we are well- positioned to deliver sustainable, capital-efficient growth.

The stock is currently trading below its 20, 50, and 100 DEMA.

LAST ARTICLE – Aster DM Healthcare News

17 June 2025

ArisInfra Solutions Limited, a B2B technology-enabled company operating in the construction materials market is planning to raise INR 500 crore via IPO.

[Fresh Issue 500 crore + OFS NIL]

Arisinfra Solutions IPO price band is INR 210 – 222 per share

ArisInfra Solutions: History

The Company was originally incorporated as a private limited company under the name of Arisinfra Solutions Private Limited on February 10, 2021, under the Companies Act, 2013,

The Company was converted into a public limited company by the BOD (and a special resolution passed by Shareholders at the EGM) on May 31, 2024. The name of the Company was changed to Arisinfra Solutions Limited, and a fresh certificate of incorporation was issued by the RoC on July 29, 2024.

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ArisInfra Solutions: Business

ArisInfra Solutions is a business-to-business company operating in a growing construction materials segment, focusing on simplifying and digitizing the entire procurement process for construction materials, delivering an efficient end-to-end procurement experience.

The Company utilize a mix of human expertise and technology to simplify the procurement process for buying bulk quantities of various construction materials.

The Company leverages its extensive network of vendors to source construction materials and provide them to infrastructure and real-estate developers, striving to be a one-stop solution for all their construction material requirements.

Product Portfolio

ArisInfra Solutions

Client List

ArisInfra’s client base includes listed players like –

• Afcons Infrastructure Limited,
• Capacit’e Infraprojects Limited,
• EMS Limited,
• J.Kumar Infraprojects Limited,

Materials Dispatched

Between April 1, 2021 and March 31, 2024, the company has delivered 10.35 million metric tonnes of construction materials, including aggregates, ready-mix concrete, steel, cement, construction chemicals, and walling solutions, with the help of 1,458 vendors and serving 2,133 clients across 963 pin codes in major cities, including Bengaluru (Karnataka), Chennai (Tamil Nadu), and Mumbai (Maharashtra).

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Strategies Ahead

• Optimize the mix of construction materials sold to improve our margins
• Form strategic partnerships to strengthen the supply chain
• Expand product portfolio of third-party manufactured construction materials
• Form strategic partnerships to increase demand-side growth and grow revenues
• Enhance working capital efficiency to support sustainable growth
• Enhance market penetration and increase wallet share with existing clients
• Continue to leverage technology to further optimize operations and improve user experience

ArisInfra Solutions

Company Promoters

1. Ronak Kishor Morbia,
2. Bhavik Jayesh Khara,
3. Siddharth Bhaskar Shah,
4. Jasmine Bhaskar Shah,
5. Priyanka Bhaskar Shah,
6. Bhaskar Shah,
7. Aspire Family Trust,
8. Priyanka Shah Family Trust

IPO Details

Ipo date = 18 June to 20 June 2025

Minimum Amount = INR 14,878

Minimum Bid = 67 Shares

Face Value (FV) = INR 2

Listing On = NSE, BSE

Book Running Lead Managers

Jm Financial Limited,

IIFL Capital Services Limited,

Nuvama Wealth Management Limited

FINANCIALS

ArisInfra Solutions

CONCLUSION

FinBlab recommends ‘MAY SUBSCRIBE‘ ratings on Arisinfra Solutions IPO

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post ArisInfra Solutions IPO – Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Shriram Properties Limited: Profile

Incorporated in the year 2000 in Bengaluru, Shriram Properties Ltd is a part of Shriram Group of companies which is a prominent business group world over with over four decades of operating history in India and a well-recognized business brand in the retail financial services as well as several other industries.

The Company is one of the prominent residential real estate developers in South India, i.e., Visakhapatnam, Coimbatore, and Chennai and is primarily focused on the mid-market and affordable housing segments. The company also has operations in Kolkata.

Business Development

The company is among the 5 largest residential real estate companies in South India in terms of number of units launched between financial years 2015 and 2020 across Tier 1 cities of South India including Chennai and Bengaluru (Source: JLL)

As of 30 September 2021, the company has 29 numbers of completed projects out of which 24 projects completed in Chennai and Bengaluru itself accounted for 90.56 per cent of its saleable area.

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Company Strengths:

• Part of the reputed Business Group (Shriram Group)
• One of the top real estate developers in South India
• Asset-light business model
• Strong Financial Position
• Proven capabilities in project identification and execution
• Professional and experienced management team

Company Promoters:

M. Murali,

Shriram Properties Holdings Private Limited, and

Shriram Group Executives Welfare Trust

IPO Opening / Closing Date

IPO Details – Price, Minimum Bid and Other

CONCLUSION

Considering company’s valuation and financial parameters, FinBlab recommends Avoid ratings (for the time being) on Shriram Properties Limited IPO

Disclaimer: The contents and data presented here are just for your information and personal use only. While much effort is made to provide the information, FinBlab or I (Vishal Dalwadi) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Shriram Properties Limited IPO – Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.