Keystone Realtors Ltd
Incorporated in 1995, Keystone Realtors Limited is one of the prominent real estate developers. The company is engaged primarily in the business of real estate construction, development, and other related activities in India[1]
- Market Cap ₹ 7,932 Cr.
- Current Price ₹ 696
- High / Low ₹ 750 / 442
- Stock P/E 49.6
- Book Value ₹ 141
- Dividend Yield 0.00 %
- ROCE 8.90 %
- ROE 9.83 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 4.95 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.6% over last 3 years.
- Earnings include an other income of Rs.104 Cr.
- Debtor days have increased from 30.2 to 44.6 days.
- Working capital days have increased from 657 days to 1,148 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Realty Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|
273 | 1,414 | 267 | 530 | 851 | 328 | 1,204 | |
290 | 1,275 | 269 | 459 | 742 | 251 | 1,071 | |
Operating Profit | -17 | 139 | -2 | 72 | 109 | 77 | 134 |
OPM % | -6% | 10% | -1% | 13% | 13% | 23% | 11% |
0 | 62 | 104 | 59 | 75 | 83 | 104 | |
Interest | 0 | 69 | 47 | 57 | 25 | 9 | 15 |
Depreciation | 0 | 2 | 1 | 1 | 3 | 4 | 6 |
Profit before tax | -17 | 130 | 53 | 72 | 156 | 146 | 216 |
Tax % | 0% | 22% | 29% | 45% | 23% | 25% | |
-17 | 102 | 38 | 40 | 120 | 109 | 160 | |
EPS in Rs | -63,962.96 | 10.19 | 3.75 | 3.99 | 12.00 | 9.59 | 14.06 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 7% |
TTM: | 1063% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 43% |
TTM: | 124% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 56% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 12% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 0 | 100 | 100 | 100 | 100 | 114 | 114 |
Reserves | 373 | 410 | 449 | 488 | 608 | 1,401 | 1,487 |
694 | 762 | 754 | 732 | 813 | 458 | 156 | |
495 | 1,229 | 1,237 | 1,248 | 972 | 1,248 | 833 | |
Total Liabilities | 1,562 | 2,502 | 2,539 | 2,568 | 2,493 | 3,221 | 2,589 |
7 | 31 | 30 | 29 | 33 | 38 | 37 | |
CWIP | 5 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 750 | 245 | 236 | 484 | 553 | 584 | 404 |
799 | 2,226 | 2,273 | 2,055 | 1,908 | 2,599 | 2,149 | |
Total Assets | 1,562 | 2,502 | 2,539 | 2,568 | 2,493 | 3,221 | 2,589 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
333 | 80 | 351 | 15 | 95 | ||
-68 | 54 | -126 | -108 | -90 | ||
-282 | -108 | -129 | 2 | 275 | ||
Net Cash Flow | -17 | 26 | 97 | -92 | 280 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 69 | 41 | 43 | 14 | 32 | 45 |
Inventory Days | 851 | 1,378 | 1,822 | |||
Days Payable | 107 | 179 | 356 | |||
Cash Conversion Cycle | 69 | 785 | 43 | 1,214 | 1,498 | 45 |
Working Capital Days | 263 | 225 | 1,324 | 455 | 368 | 1,148 |
ROCE % | 8% | 10% | 13% | 9% |
Documents
Announcements
- Certificate Under Regulation 40(9) & 40(10) Of SEBI (LODR) Regulations, 2015 For The Period From April 01, 2023 To March 31, 2024 29 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 20 Apr
- Compliance Certificate For The Period Ended March 31, 2024 13 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Copy of confirmation certificate received from RTA in compliance with regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, …
- Key Operational Update 8 Apr
Concalls
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Feb 2024Transcript PPT
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Jan 2024TranscriptNotesPPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023TranscriptPPT
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Feb 2023Transcript PPT
Business Area[1] The company has strong experience in developing lifestyle projects, high-value and affordable residential buildings, premium gated communities and fully integrated townships, corporate parks, retail spaces, schools, iconic landmarks, re-developments, and various other real estate projects including stalled projects.