Keystone Realtors Q2 Results FY27: Date, Expectations and Preview

Track the latest Keystone Realtors Ltd. share price on Univest. This is a point investors are watching closely around Keystone Realtors Q2 results.

Keystone Realtors Ltd., which trades on the NSE under the symbol RUSTOMJEE, is heading into its next quarterly disclosure with investors watching the Keystone Realtors Q2 results FY27 closely. This Keystone Realtors Q2 results preview covers the likely results date, recent quarterly performance and valuation, using only disclosed historical data and factor based expectations rather than invented estimates. It remains a relevant data point for Keystone Realtors Q2 results watchers.

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Keystone Realtors Q2 Results FY27 Date

The exact Keystone Realtors Q2 results date for FY27 has not been officially announced yet. Based on the company's historical results calendar pattern, Keystone Realtors Q2 results FY27 are typically expected to be released in the second half of October or early November 2026, once the board meets to approve the September quarter financials. A formal exchange intimation about the board meeting date usually comes a few days ahead of the actual Keystone Realtors Q2 results announcement.

Keystone Realtors Q2 Results Expectations

Also read – Gabriel India Q2 Results FY27 Preview

Keystone Realtors Q2 results expectations for the September 2026 quarter will be shaped by the real estate sector's typical project completion and revenue recognition cycle, which for developers like Keystone Realtors can cause meaningful swings between quarters depending on which projects hit accounting milestones. Investors will watch whether the sharp operating margin improvement seen in Q1 FY27 continues, and whether new project launches or bookings support the topline in the Keystone Realtors Q2 results FY27. As with most real estate developers, other income has been a material contributor to net profit relative to operating profit in recent quarters, and that pattern is a factor worth watching again this quarter rather than a number to forecast.

Previous Quarter: Q1 FY27 (June 2026) Performance

In the June 2026 quarter (Q1 FY27), Keystone Realtors reported revenue of Rs 470 crore, operating profit of Rs 82 crore and an operating margin of 17.45 percent, its strongest margin quarter in the recent series. Net profit for Q1 FY27 came in at Rs 52 crore. This marks the base from which the Keystone Realtors Q2 results FY27 sequential comparison will be drawn.

Q2 FY26 Base Quarter (September 2025)

The year ago base quarter is Q2 FY26, or September 2025, against which the Keystone Realtors Q2 results FY27 will be compared on a year on year basis. In that quarter, Keystone Realtors posted revenue of Rs 499 crore, operating profit of Rs 15 crore at a 3.01 percent operating margin, and net profit of Rs 10 crore. Notably, revenue in that quarter was higher than the most recent Q1 FY27 quarter, while operating margin was considerably lower, illustrating how uneven real estate revenue recognition can be from one quarter to the next.

Recent Trend: Jun25 to Jun26

Looking at the recent quarterly trend for Keystone Realtors, Q1 FY26 (June 2025) revenue stood at Rs 273 crore with operating profit of Rs 12 crore at a 4.4 percent margin and net profit of Rs 16 crore. Q2 FY26 (September 2025) revenue rose to Rs 499 crore, though operating margin narrowed to 3.01 percent and net profit came in at Rs 10 crore. Q3 FY26 (December 2025) saw revenue decline to Rs 266 crore, operating profit of Rs 10 crore and net profit of just Rs 5 crore, a weaker quarter overall. Q4 FY26 (March 2026) then delivered a sharp jump, with revenue surging to Rs 1,596 crore, operating profit of Rs 81 crore and net profit of Rs 64 crore, likely reflecting project completions being recognised in that quarter. Q1 FY27 (June 2026) normalised lower on revenue to Rs 470 crore but improved sharply on margin to 17.45 percent, with net profit of Rs 52 crore. Across these five quarters, other income has consistently added a material boost to net profit relative to operating profit, a pattern that is worth watching again in the upcoming Keystone Realtors Q2 results FY27.

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Key Factors to Watch in Keystone Realtors Q2 Results

Also read – Gala Precision Engineering Q2 Results FY27 Preview

The following factors are worth tracking as the Keystone Realtors Q2 results FY27 approach.

• New project launches, bookings and collections in the Mumbai Metropolitan Region market where Keystone Realtors primarily operates.
• Whether revenue recognition milestones fall within the September quarter, given the lumpy nature of real estate accounting seen across the last five quarters.
• The contribution of other income to net profit relative to core operating profit, a recurring feature in Keystone Realtors' recent quarters.
• Operating margin trend following the sharp improvement to 17.45 percent in Q1 FY27.
• Debt levels and gearing, given the capital intensive nature of real estate development.

Valuation Snapshot

Metric	Value
Current Market Price	Rs 350.45
52 Week High / Low	Rs 634.00 / Rs 331.90
50 Day / 200 Day Moving Average	Rs 383.54 / Rs 427.92
RSI	27.2
PE Ratio	37.95
EPS	Rs 9.23
Book Value	Rs 227.00
Price to Book	1.54
ROE	2.8%
Debt to Equity	0.52
Dividend Yield	0.44%
Market Cap	Approx Rs 4,452 crore

The stock is trading well below its 52 week high of Rs 634, with the current price of Rs 350.45 sitting under both its 50 day and 200 day moving averages, and an RSI of 27.2 that points toward oversold conditions. A PE ratio of 37.95 against a modest ROE of 2.8 percent suggests the market is pricing in future earnings growth rather than current profitability, a factor investors may weigh alongside the Keystone Realtors Q2 results FY27 print.

What to Watch in Q2 FY27

The Keystone Realtors Q2 results FY27 will show whether the operating margin strength of Q1 FY27 was a one quarter event or the start of a steadier trend. Given how sharply revenue swung between Rs 266 crore in Q3 FY26 and Rs 1,596 crore in Q4 FY26, investors should treat quarter on quarter comparisons with caution and instead focus on the underlying booking and execution trends the management may disclose alongside the numbers.

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Conclusion

This Keystone Realtors Q2 results FY27 preview has stayed close to the disclosed numbers throughout.

Keystone Realtors enters its Q2 results FY27 with a strong Q1 FY27 margin performance behind it and a Q2 FY26 base quarter that was comparatively weaker on margin. Given the historically lumpy revenue pattern in real estate accounting, this Keystone Realtors Q2 results preview has focused on trends, factors and valuation context rather than specific forecasts. The official results, expected in the second half of October or early November 2026, will provide the actual numbers. This article is not a recommendation to buy or sell the stock.

When are Keystone Realtors Q2 results FY27 expected?

Ans. The exact date has not been officially announced. Based on the company's historical results calendar pattern, Keystone Realtors Q2 results FY27 are typically expected in the second half of October or early November 2026.

What was Keystone Realtors net profit in the previous quarter?

Ans. In Q1 FY27 (June 2026), Keystone Realtors reported a net profit of Rs 52 crore on revenue of Rs 470 crore, with operating margin improving sharply to 17.45 percent.

Is RUSTOMJEE the same company as Keystone Realtors?

Ans. Yes. RUSTOMJEE is the NSE trading symbol for Keystone Realtors Ltd., the legal and brand name under which the company is listed and reports its quarterly results.

What is Keystone Realtors current share price and valuation?

Ans. Keystone Realtors is currently trading around Rs 350.45 with a PE ratio of 37.95, a price to book ratio of 1.54, and a market capitalisation of approximately Rs 4,452 crore.