Keystone Realtors Full Year 2024 Earnings: Beats Expectations

Keystone Realtors (NSE:RUSTOMJEE) Full Year 2024 Results

Key Financial Results

• Revenue: ₹22.2b (up 224% from FY 2023).
• Net income: ₹1.12b (up 37% from FY 2023).
• Profit margin: 5.0% (down from 12% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: ₹9.85 (up from ₹7.67 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Keystone Realtors Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates by 4.5%.

Looking ahead, revenue is expected to decline by 1.7% p.a. on average during the next 2 years, while revenues in the Real Estate industry in India are expected to grow by 21%.

Performance of the Indian Real Estate industry.

The company's shares are down 3.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Keystone Realtors (1 makes us a bit uncomfortable!) that we have uncovered.

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