RUSTOMJEENSE5 August 2025

Keystone Realtors Limited has informed the Exchange about Investor Presentation

Keystone Realtors Limited

Date: August 5, 2025

The General Manager, Listing Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 543669

Sub: Investor Presentation

The Vice President Listing Department, National Stock Exchange of India Limited “Exchange Planza”, Bandra Kurla Complex, Bandra East, Mumbai – 400 051 Scrip Symbol: RUSTOMJEE

We enclose herewith Investor’s presentation on the unaudited Financial Results for the quarter ended June 30, 2025.

This the Company’s website https://www.rustomjee.com/about-us/financial-statements/?year=2025-2026.

uploaded

being

also

You are requested to inform your members accordingly.

Yours faithfully, For Keystone Realtors Limited

Bimal K Nanda Company Secretary and Compliance Officer ACS - 11578

K E Y S T O N E R E A L T O R S L I M I T E D

Registered Office:702, NATRAJ, M.V. Road Junction, Western Express Highway, Andheri (East), Mumbai - 400069.

Tel.:+912266766888 | CIN:L45200MH1995PLC094208| Website:www.rustomjee.com

Investor Presentation

K e ys t o n e R e a l t o r s L i m i t e d

RUSTOMJEE CROWN | SHOT AT LOCATION

Table of Contents

Company Overview

Performance Highlights

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Know more about the www.rust o m je e. c o m

Management Structure

K e y s t o n e R e a l t o r s L i m i t e d

Company Overview

A Snapshot of Rustomjee

Our Journey over two decades

Important Associates

Our Ecosystem

Technology in Planning, Execution, Sales & Marketing

Ongoing & Forthcoming Projects

Project Pipeline

Growth Drivers

4-9

14,15

ACTUAL VIEWS FROM THE RUSTOMJEE CROWN SUPERIMPOSED.

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K e y s t o n e R e a l t o r s L i m i t e d

29+ years Young Company Promoted by

nurturing spaces since 1996

Company Overview Performance Highlights Management Structure

Boman Irani C H A I R M A N & M A N A G I N G D I R E C T O R

• 29+ years of Real Estate experience • Former President of CREDAI

Chandresh Mehta E X E C U T I V E D I R E C T O R

Percy Chowdhry E X E C U T I V E D I R E C T O R

• 29+ years of Real Estate Experience • Directs the redevelopment initiatives for the Group

• 26+ years of Real Estate Experience • Directs Sales, Marketing and HR

functions

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K e y s t o n e R e a l t o r s L i m i t e d

A Snapshot RUSTOMJEE - Leading Developer in MMR

Recent Accolades and Industry recognition awards

Company Overview Performance Highlights Management Structure

India’s Top Builders 2024 in the National Category CWAB Awards 2024 Maharashtra State's Best Employer Award 19th Employer Brand Awards 2024 Ultra luxury project of the year - Rustomjee Ocean Vista Realty+ Excellence Awards 2024 Skyscraper of the year - Rustomjee Crown Realty+ Excellence Awards 2024 Transformation Excellence Award: Bandra East (Keystone Realtors) Times Redevelopment Awards 2024 India’s Most Desired Real Estate - Residential Brand 2024 (1st position in the Residential (Real Estate) Brand category across 1,000 brands in 34 categories and 16 cities) TRA Research Awards 2024 Excellence in Stall Designing Developers CREDAI MCHI - Mumbai (BKC) Best Stall Design CREDAI MCHI - KDMC (Kalyan) Most Innovative Brand Communicator of the Year CREDAI MCHI - Thane Best Realty Brands ET Now Best Realty Brand Awards 2025

IMAGE IS FOR REPRESENTATIONAL PURPOSES ONLY

MMR Focused

Prominent Redevelopment Player

Asset Light Model

29+ Years of existence

26+ msf Construction Area developed

47+ msf Construction Area in pipeline

2 Mega Townships

310+ Completed Buildings

17,000+ Homes Delivered

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K e y s t o n e R e a l t o r s L i m i t e d

Our some of the Marquee Projects

Company Overview Performance Highlights Management Structure

ELEMENTS – JUHU

SEASONS – BANDRA (E)

CROWN - PRABHADEVI

PARAMOUNT – KHAR (W)

URBANIA - THANE

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K e y s t o n e R e a l t o r s L i m i t e d

Testament to our robust experience in redevelopment projects

Company Overview Performance Highlights Management Structure

Parishram, Pali Hill

SEASONS, BKC

Elements, Off Juhu Circle

Paramount, Khar (W)

e r o f e B

r e t f A

Awarded Design Project of the Year by Realty+ Conclave & Excellence Awards 2024

Awarded Best Re-development Project by Et Now Real Estate Awards In 2019.

Awarded Best Community Design & Redevelopment Project by NDTV Property Awards 2016

Awarded Best Re-development Project by Et Now Real Estate Awards In 2019.

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K e y s t o n e R e a l t o r s L i m i t e d

A Snapshot (Contd.)

Company Overview Performance Highlights Management Structure

26+ Million Sq. Ft. delivered

Prominent MMR Real Estate developer with 26+ Million Sq. Ft. construction area delivered and a pipeline of 47+ Million Sq. Ft. construction area of ongoing and forthcoming projects across all price points catering to all segments of the population from Affordable to Super Premium

Asset Light Approach

Asset-light approach focused on optimizing the upfront capital expenditure; achieving better return on equity and capital employed. Investment in acquisition of land only when it meets return expectations

Capabilities and Experience

integrated

Capability and experience in developing standalone buildings, gated communities and fully townships. Greenfield & brownfield developments / redevelopments by partnering with societies, land-owners and developers for residential, retail & commercial

Consumer Satisfaction

Continued focus on consumer satisfaction leading to a high level of brand loyalty and engagement

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K e y s t o n e R e a l t o r s L i m i t e d

RUSTOMJEE ELEMENTS | SHOT AT LOCATION

A Snapshot (Contd.)

Company Overview Performance Highlights Management Structure

End to End Project Management Capabilities

across

End-to-end project capabilities with in-house Business Development, expertise Architecture, Construction Approvals, Management, Sales & Marketing and Property Management Services

Experienced Management

Experienced promoters possessing multi-decade experience real estate business

and management in the

Sustainable Development

Strong developments

focus on sustainability

in all our

Execution Track Record

RUSTOMJEE ELEMENTS | SHOT AT LOCATION

in executing greenfield, Proven expertise brownfield, development/redevelopment projects in residential & commercial segments. Enviable record across all housing segments - affordable, mid mass, aspiration, premium and super premium. Pioneer and leading large-scale redevelopment in Mumbai

developer

track

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K e y s t o n e R e a l t o r s L i m i t e d

RUSTOMJEE SEASONS | SHOT AT LOCATION

Our Journey over Two Decades

• La unc he d

its first Re sid e ntia l Development

• Launched the Development ‘ Ad a rsh/Rive r in M a l a d a ’

• Launched

the township tower ‘Urbania’ in Thane

• Mausmi SA Investments an made LLC investment in Keystone

• Launched

the re d e ve lo p me nt ‘Seasons’ in Bandra East

• Trinity Capital

(Fifteen)

Limited invested in Constructions Enigma Private Limited, Rustomjee Construction Private and Constructions Kapstone Private Limited’

Limited

• Acquired

Land located at Bandra (Bandstand)

• Entered

into a

Development management agreement for the development ‘Crown’ in Prabhadevi

IPO Listing

• Sales launch • Cleon, La Vie (A,B

& C)

• Development completed

• Yazarina (A), Crown Summit, (A), Urbania (L & D), Central Park

Company Overview Performance Highlights Management Structure

• Entered into First Plotted Development at Kasara “Belle Vie”

1996

1998

2000

2001

2006

2007

2009

2010

2011

2013

2014

2018

2020

2021

2022

2023

2024

2025

2026

• Launched the ‘Regency' Development in Dahisar

• Launched premium Developme nt ‘9 JVPD’ on 10th road Juhu

• Launched

slum redevelopme nt in ‘Elita’ Andheri West.

• Launched township Development ‘Global in Virar.

City’

• Launched

the re d e ve lo pment ‘Oriana’ in Bandra East

• Launched

the gated

luxury community Development ‘Elements’ Juhu/Andheri

• Launched the gated

community Development ‘Paramount’ in Khar

• Giza

and

Limited

Holdings

PTE Voldemort Limited Holding Investment Company (an entity advised by Xander Investment Management invested in Pte. Ltd.) Kapstone Constructions Private Limited

•

(a owned Keppel

Investment by Lipalton Pte. Ltd wholly subsidiary of Land Limited) as its strategic partner in Kapstone Constructions Private Limited

• Partnered with strategic

investors such as HDFC Capital Affordable Real Estate Fund – 3, IIFL Special Opportunities Fund - Series 9 and IIFL

• Special Opportunities Fund - Series 10, Dreamz Dwellers LLP.

• Launched Category II AIF (Mt.

K Capiital)

QIP Raised

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K e y s t o n e R e a l t o r s L i m i t e d

Important Associates

Company Overview Performance Highlights Management Structure

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K e y s t o n e R e a l t o r s L i m i t e d

Our Ecosystem

Company Overview Performance Highlights Management Structure

Mt. K Kapital Category II – AIF1

CREST – Property Management Services2

Fifth Wall Designs3

• Mt. K Kapital is a real estate focused fund management company, having SEBI approved Category II Alternative Investment Fund license.

•

Its first fund, MT K Resi Development Fund is an ESG impact fund with a focus of developing residential real estate in MMR.

The Fund is backed by State Bank of India and Famy Group as anchor investor

•

Provides services post purchase of a residential and commercial assets.

• Crest provides integrated property management

services including:

Facility Management Staffing Solutions Leasing Services

• • • • Development Management Consultancy • CAM Estimates and Budgeting

RUSTOMJEE SEASONS | SHOT AT LOCATION

•

Provides interior design services to residential clients.

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K e y s t o n e R e a l t o r s L i m i t e d

Technology in Planning, Execution, Sales & Marketing

Company Overview Performance Highlights Management Structure

Project planning & Execution

Sales & Customer Experience

Recent Developments

IMAGE IS FOR REPRESENTATIONAL PURPOSES ONLY

• Combined

of ERP and BIM maximizes productivity cost estimation.

implementation systems and

and

• Automated digitized invoice process settlement boosts transparency between all stakeholders.

• Smart management measures status

through monitoring of execution.

detailed

• Helps

better

preferences

understand and customer expedite customer purchase decisions resulting in greater reduced and efficiency manpower costs.

• CRM

platform

supports in marketing automation campaigns and personalized communications through intelligent chatbots.

• Automated

and

transparent execution system built-into flow: Reduced margin of error for contractors & vendors.

• Vendor Management System centralized for of Marketing

launched procurement Collaterals through SAP.

• Virtual

Assistant

Integrated, self-learning virtual assistant.

Chatbot: AI-driven,

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K e y s t o n e R e a l t o r s L i m i t e d

Ongoing Projects

Townships 1. Global City (Retail), Virar (W) (Affordable) 2. La Vie, La Familia , Verdant Vistas A Wing, Verdant Vistas B Wing - Urbania, Thane (W)* (Mid and Mass) (A JV with Keppel Land of Singapore)

Residential Projects 3. Crown- C, Prabhadevi (Super Premium/Premium) 4. Bella (A&B), Bhandup (W)*# (Mid and Mass) 5. Paramount F Wing, Khar (W) # (Aspirational) 6. Ashiana, Juhu (Super Premium/Premium) 7. Aden, Bandra (E) (Aspirational) 8. Cleon, Bandra (E) (Mid and Mass) 9 Stella, Bandra (E) (Mid and Mass) 10. Panorama, Pali Hill ** (Super Premium/Premium) 11. 180 Bayview, Matunga (W)* (Aspirational) 12. Ocean Vista, Versova** (Super Premium / Premium) 13. Urban Woods – Phase 1, Dombivli (Affordable) 14. Prive, Bandra (E) (Aspirational) 15. Balmoral (Basant Park), Chembur (Super Premium / Premium) 16. Cliff Tower, Bandra (W)** (Super Premium / Premium) 17. Crescent Apartments, Pali Hill ** (Super premium/Premium) Plotted Development 18. Belle Vue, Kasara

#Part OC received for Paramount F and Bella Wing C & D;

*Note: 1) Urbania, our economic interest is 51%. 2) Bella, our economic interest is 58%. 3) 180 Bayview (Jariwala) is a project with DM fee of 17% of the project revenue + Incentive fee. **Note: Project having investment from Mt K Kapital

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V i r a r

Company Overview Performance Highlights Management Structure

B o r i v a l i

T h a n e

C h e m b u r

N a v i M u m b a i

B a n d r a ( W )

P r a b h a d e v i

C h u r c h g a t e

K e y s t o n e R e a l t o r s L i m i t e d

Forthcoming Projects

Commercial 21. Urbania Commercial 22. OB12 + 13, Bandra (E) 23. New Kamal Kunj, Bandra (W) 24. Dhuruvadi, Prabhadevi**

Plotted Development 25. Manori*

Under planning 26. Naigaon

Townships 1. Global City, Virar (W)*** (Affordable) 2. Urbania, Thane (W)* (Mid and Mass) (A JV with Keppel Land of Singapore)

Residential Projects 3. Charkop, Kandivali (W)* (Mid and Mass) 4. Ozone (Phase II), Goregaon (W) (Mid and Mass) 5. Dombivli (Affordable) 6. Dnyaneshwar Nagar, Sewri (Aspirational) 7. Ambedkar Nagar, Khar (W) (Aspirational) 8. Jyotirling, Goregaon (E)* (Mid and Mass) 9. Bandstand, Bandra (W)* (Super Premium / Premium) 10. Majithia Nagar, Kandivali (W) (Mid and Mass) 11. Haren Textiles, Dahisar (E )* (Mid and Mass) 12. Garden Estate, Thane (W) (Mid and Mass) 13. New JV, Goregaon (E )* (Mid and Mass) 14. Avinash Towers, Versova (Aspirational) 15.Shivneri, Worli ((Super Premium / Premium) 16. Pardi, Nagpur (Mid and Mass)

Cluster Development - Resi 17. Malad (W) Cluster [Veenanagar /NeelKamal/Mansarowar/ Nirman CHSL], (Mid and Mass) 18. Dindoshi Cluster [Satsang/Sahyog/Shri Krishna/Anand/ Gulmohar/Shri Hari/Prathamesh/Om/Shri Gajanan/Mangalmurthi/Swarganga CHSL] Goregaon (E ) (Mid and Mass) 19. GTB Nagar Cluster (1400 Families), Sion (Aspirational) 20 Lokhandwala Cluster, Andheri (W) (Aspirational)

V i r a r

Company Overview Performance Highlights Management Structure

B o r i v a l i

8 13

2 21 T h a n e

C h e m b u r

N a v i M u m b a i

B a n d r a ( W

P r a b h a d e v i

Projects added in FY26 highlighted in Green Fonts *Note: 1) Urbania - Our economic interest is 51%. 2) Charkop - our economic Interest is 73%. 3) Jyotirling - Our Economic interest is 33.33% . 4) Manori – Our Economic Interest is 73%. 5) New Kamal Kunj – Our Economic interest is 50% 6) New JV – Our Economic interest is 51% 7) Bandstand – Our Economic interest is 33% 8) Haren Textiles - Our Economic interest is 51% **Note: Project having investment from Mt K Kapital ***Virar Land comprising of the Saleable area of 5.2 Mn Sq Ft is considered for development under JDA 1 5

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C h u r c h g a t e

K e y s t o n e R e a l t o r s L i m i t e d

Strong residential project pipeline in place for future growth

Ongoing Projects

Forthcoming Projects

18 Ongoing ~8.61 msf saleable

26 Forthcoming ~23.79 msf saleable

Company Overview Performance Highlights Management Structure

18 projects

26 projects

Super Premium/Premium

Aspirational

Mid & Mass

Affordable

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Super Premium/Premium

Aspirational

Mid & Mass

Affordable

Commercial

Under Planning

CATEGORY

Super premium / Premium*

Aspirational

Mid & Mass

Affordable

Commercial

Total

PRE-SALES (INR BN)

Q1FY26 %Contribution

Q1FY25 %Contribution

5.23 49%

2.00 19%

2.19 20%

1.26 12%

0.00 0%

10.68 100%

2.42 40%

2.16 35%

1.45 24%

0.05 1%

0.03 0%

6.11 100%

Pre-Sales is INR 10.68 bn in Q1FY26, 75% growth on YoY basis

*Higher share of Super Premium/Premium in Q1FY26 is attributable to all new launches in this segment only

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K e y s t o n e R e a l t o r s L i m i t e d

Historical Operational Performance (Last 5 Quarters)

Company Overview Performance Highlights Management Structure

Pre-Sales ( N O . O F U N I T S )

Area Sold ( M N S Q . F T . )

Pre-Sales ( I N R B N )

411 415

0.63

0.58

Collections ( I N R B N )

7.5

10.7

254

215

167

0.46

0.41

0.24

8.6

8.5

5.5

5.4

5.8

4.9

7.0

6.1

5 2 Y F 1 Q

5 2 Y F 2 Q

5 2 Y F 3 Q

5 2 Y F 4 Q

6 2 Y F 1 Q

5 2 Y F 1 Q

5 2 Y F 2 Q

5 2 Y F 3 Q

5 2 Y F 4 Q

6 2 Y F 1 Q

5 2 Y F 1 Q

5 2 Y F 2 Q

5 2 Y F 3 Q

5 2 Y F 4 Q

6 2 Y F 1 Q

5 2 Y F 1 Q

5 2 Y F 2 Q

5 2 Y F 3 Q

5 2 Y F 4 Q

6 2 Y F 1 Q

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K e y s t o n e R e a l t o r s L i m i t e d

New Launches in YTD FY-26

Company Overview Performance Highlights Management Structure

SR. NO.

PROJECT NAME

LAUNCH QUARTER

LOCATION CATEGORY

Rustomjee Balmoral (Basant Park)

Q1FY26

Chembur

Rustomjee Crescent

Q1FY26

Pali Hill

Rustomjee Cliff Tower

Q1FY26

Bandra W

Super Premium / Premium

NATURE OF DEVELOPMENT

RERA COMPLETION DATES

SALEABLE AREA (MN SQ. FT)

EST GDV (INR BN)

Redevelopment

Apr - 30

0.50

16.72

Redevelopment

Dec - 29

0.29

14.71

Redevelopment

Oct - 30

0.11

8.23

Total

0.90

39.67

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K e y s t o n e R e a l t o r s L i m i t e d

New Project Additions in YTD FY-26

SR. NO.

PROJECT NAME

QUARTER OF ACQUISITION

LOCATION CATEGORY

NATURE OF DEVELOPMENT

GTB Nagar Cluster

Q1FY26

Sion

Aspirational

Redevelopment

Lokhandwala Cluster

Q1FY26

Andheri (West)

Aspirational

Redevelopment

Swarganga CHSL*

Q1FY26

Goregaon (East) Mid and Mass

Redevelopment

Total

Company Overview Performance Highlights Management Structure

SALEABLE AREA (MN SQ. FT)

EST GDV (INR BN)

CURRENT STATUS

2.07

1.06

0.12

45.21 LOA Received

29.56

DA done

2.51

DA done

3.25

77.27

*Part of Dindoshi Cluster

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K e y s t o n e R e a l t o r s L i m i t e d

Project Additions from FY23 onwards

Company Overview Performance Highlights Management Structure

FY 23

5 Projects

FY 24

8 Projects

FY 25

9 Projects

Q1FY26

3 Projects

Added 25 Projects from FY23 having estimated GDV of ~ INR 255 Bn

Jariwala (180 Bayview)

(GDV: ₹ 13.18 bn) – Launched

Dhuruvadi, Prabhadevi

(GDV: ₹ 4.49 bn)

Avinash CHSL, Versova

GTB Nagar Cluster, Sion

(GDV of ₹ 9.84 bn)

(GDV: ₹ 45.21 bn)

----

Sagar Tarang, Versova

Panorama, Pali Hill

(GDV: ₹ 6.99 bn) - Launched

(GDV: ₹ 4.15 bn) - Launched

Belle Vue, Kasara (GDV of ₹ 3.30 bn) – Launched

Lokhandwala Cluster, Andheri (West) (GDV: ₹ 29.56 bn)

Vivekanand CHSL, Bandra (E ) (GDV: ₹4.33 bn) – Launched

Majithia Nagar, Kandivali (W)

(GDV: ₹17.28 bn)

Dindoshi Cluster (Satsang, Sahyog & Shri Krishna) (GDV of ₹ 6.11 bn)

Dindoshi Cluster (Swarganga) (GDV: ₹ 2.51 bn)

Kher Nagar 31, Bandra (E ) (GDV: ₹3.20 bn) – Launched

Crescent Apt, Pali Hill

(GDV: ₹ 11.81 bn) – Launched

Basant Park CHSL, Chembur (W) (GDV: ₹ 16.30 bn) – Launched

Haren Textiles, Dahisar (E )

(GDV: ₹14.53 bn)

Malad (W) Cluster (Veena Nagar & NeelKamal) (GDV: ₹ 10.93 bn)

Malad (W) Cluster (Mansarowar) (GDV of ₹ 3.93 bn)

Dindoshi Cluster (Anand, Gulmohar, Shri Hari and Prathmesh) (GDV of ₹ 5.40 bn)

Malad (W) Cluster (Nirman) (GDV of ₹ 4.40 bn)

New Kamal Kunj, Bandra (W)

(GDV: ₹ 7.93 bn)

Goregaon JV

(GDV ₹ 14.04 Bn)

Dindoshi Cluster (Om, Shri Gajanan, Mangalmurthi) (GDV of ₹ 8.41 bn)

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Shivneri CHSL (GDV of ₹ 3.36 bn)

Pardi, Nagpur (GDV of ₹ 3.10 bn)

Entered New Micro Markets – Chembur, Mahim, Versova, Goregaon, Dombivli, Kasara, Nagpur, Sion, Lokhandwala

----

21 out of 25 Projects are Redevelopment

----

Added 4 Cluster Redevelopments (Lokhandwala Cluster, GTB Nagar Cluster, Dindoshi Cluster, Malad (W) Cluster) ----

19 out of 25 Projects are in Mid/Mass and Aspirational Segment (~85% in terms of total GDV Added)

K e y s t o n e R e a l t o r s L i m i t e d

Cash Flows

Company Overview Performance Highlights Management Structure

PARTICULARS (INR Mn)

Q1FY26

OPERATING ACTIVITIES

Net Collections incl Receipts from DM / JV Projects

Project Expenses

NET CASH FLOW FROM OPERATING ACTIVITIES (A)

INVESTMENT ACTIVITIES

Project Investment (Net of receipts from Equity Partners)*

NET CASH FLOW FROM INVESTMENT ACTIVITIES (B)

FINANCING ACTIVITIES

Debt Drawdown

Repayments

Others

Finance Costs

NET CASH FLOW FROM FINANCING ACTIVITIES (C)

NET CASH FLOWS FOR THE PERIOD (A+B+C)

3,560

(2,382)

1,178

(1,512)

1,542

(1,607)

(32)

(83)

(416)

*Includes Land and Approvals

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K e y s t o n e R e a l t o r s L i m i t e d

Financial Summary – Debt Movement

DEBT MOVEMENT (INR MN)

Gross Debt

Less: Cash and Cash Equivalents

Net Debt

Equity

Gross Debt to Equity Ratio

Net Debt to Equity Ratio

Debt in JV Co.- KRL Share

Company Overview Performance Highlights Management Structure

30-June-25

31-Mar-25

3,035

7,139

3,160

8,737

(4,104)

(5,578)

27,946

27,724

0.11

1,023

1,162

ICRA has upgraded and assigned a rating of “A+” (with Stable Outlook)

“A-” (with Stable Outlook)

“A-” (with Positive Outlook)

“A” (with Positive Outlook)

Feb 2023

Feb 2024

May 2024

“A+” (with Stable Outlook)

May 2025

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K e y s t o n e R e a l t o r s L i m i t e d

Financial Summary – Profit & Loss

Company Overview Performance Highlights Management Structure

CONSOLIDATED RESULTS (INR Mn)

Q1FY26

Q4FY25

Q1FY25

FY-25

Revenue from Ops Other Income Total Income EBITDA* PBT PAT Share of Profit / (Loss) from JVs / Associates PAT after Share of Profits EBITDA Margin % PBT % PAT% PAT after Share of Profits % Adjusted EBITDA*# Adjusted EBITDA %

2,731 155 2,886 293 179 184 (21) 163 10.1% 6.2% 6.4% 5.7% 423 14.7%

5,849 574 6,422 1,079 896 699 (29) 670 16.8% 13.9% 10.9% 10.4% 1,553 24.2%

4,222 150 4,372 582 390 274 (17) 256 13.3% 8.9% 6.3% 5.9% 879 20.1%

20,041 1,173 21,214 3,327 2,679 1,991 (109) 1,882 15.7% 12.6% 9.4% 8.9% 5,247 24.7%

*EBITDA and Adjusted EBITDA include Other income | #Adjusted EBITDA is after grossing up of finance cost included in cost of sales

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K e y s t o n e R e a l t o r s L i m i t e d

ESG (Environment, Social and Governance)

Environmental Initiatives

Social Initiatives

•

E-waste and Hazardous waste management have been complied with at all project sites

Engaging with our external stakeholders - value chain partners on ESG requirements

Cascading EHS and sustainability policy across the organization

Continuous monitoring of water withdrawal from various sources, consumption and recycling

Ensuring regular compliance proactively and adapting and complying with new regulations (e.g. Environmental Acts)

Calculating Scope 1 & Scope 2 carbon emissions, energy and water intensity across projects

Consolidating data on Environment and social indicators for our BRSR report

• Digitised our data collection process

• Documented a 'green procurement policy’.

• At 180 Bay View, we achieved pouring of 1000 Cum temperature-controlled concrete for tower foundation in just 16 hrs

•

Completion of 3 basement slab plinth at our project “Panorama -Pali Hill” in 12 months from clearing of the old building.

•

Shot at location – Apne Ghar – Temporary Labour Housing - Urbania

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Awarded A+ Grade by the Government of Maharashtra and title of the Best Vocational Training Provider by the UK India British Council & FICCI

Rustomjee Educate a child initiative: Every time a family buys a Rustomjee home, a child is educated for a year (More than 1,000 children educated)

Labour welfare improved to 80%

compliance by

contractors

Awareness and training on Health and Safety at sites for employees and workers

Zero fatalities and NIL high Consequence incidents (injury / illness) reported. Achieved 1.5 mn safe man hours in Bella, 0.5 mn in Stella and 1 mn each in Paramount F wing & Parishram without any lost time injuries or fatalities.

Engaging virtually with our key suppliers on their ESG practices & material issues

Training on use of software to make the process effective and seamless

All ongoing project sites in Thane and Mumbai were audited for compliance to ESG.

500

housing

solution

“Apne Ghar” a 35,000 Sqft Inaugurated to labor temporary accommodate construction workers designed with 84 well-ventilated rooms at the Urbania construction site in Thane. The facility includes an open gym, sports zones, a projector room, a doctor's clinic, maternity room, barber shop, creche, retail outlets, and an entertainment room.

Company Overview Performance Highlights Management Structure

Governance

Policies Implemented:

• Anti bribery and anti corruption policy • EHS policy Sustainability policy • • Diversity and Inclusion • Information Security • Grievance management Update for Q1FY26:

Design and execution of Net Zero Carbon initiatives for the two clubhouses at Belle Vue, Kasara. Key activities include:

•

• •

Evaluating carbon credits from existing forest area. Identifying existing natural water bodies and planning new ones for water harvesting to achieve net-zero water for future development. Processing a Letter of Intent (LOI) for renewable solar energy for amenities. Exploring natural wastewater treatment methods without a Sewage Treatment Plant (STP) for the clubhouses. Progressing with design submission and approval to the Indian Green Building Council (IGBC). Regarding the BRSR / Sustainability Report: •

Ensured that data as per the BRSR framework, has been entered into the online software. The audit for Principle 6 (Environment) has been completed for all ongoing projects. Our First Sustainability Report, aligned with the Global Reporting Initiative (GRI) Framework, is in progress. Awareness implementation of ISO 14001 and ISO 45001 are ongoing. Sent the Supplier Code of Conduct to 20 critical raw material vendors as part of our ESG compliance, in preparation for our FY27 BRSR compliance requirements.

documentation

sessions

•

and

the

• We received acknowledgement and acceptance of our

policy.

K e y s t o n e R e a l t o r s L i m i t e d

Management Structure

Experienced Promoters and Directors Supported by a Professional Management Team Shareholding Pattern at the End of Quarter Completed Projects

RUSTOMJEE CROWN | SHOT AT LOCATION

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K e y s t o n e R e a l t o r s L i m i t e d

Experienced Promoters and Directors

Company Overview Performance Highlights Management Structure

Boman Irani C H A I R M A N & M A N A G I N G D I R E C T O R

• 29+ years of Real Estate experience • Former President of CREDAI

Chandresh Mehta E X E C U T I V E D I R E C T O R

Percy Chowdhry E X E C U T I V E D I R E C T O R

• 29+ years of Real Estate Experience • Directs the redevelopment initiatives for the Group

• 26+ years of Real Estate Experience • Directs Sales, Marketing and HR

functions

Independent Directors

Ramesh Tainwala N O N - E X E C U T I V E I N D E P E N D E N T D I R E C T O R

• Previously associated with

Samsonite International as CEO

Rahul Divan N O N - E X E C U T I V E I N D E P E N D E N T D I R E C T O R

Seema Mohapatra N O N - E X E C U T I V E I N D E P E N D E N T D I R E C T O R

• Founding partner of Rahul Gautam

Divan & Associates

• Was associated with BBC World Service Trust India as a trustee

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K e y s t o n e R e a l t o r s L i m i t e d

Backed by a Professional and Reinforced Management Team

Sajal Gupta ( G R O U P C F O & H E A D CORPORATE STRATEGY)

Rakesh Setia ( G R O U P H E A D – S A L E S AND MARKETING)

Atul Date ( G R O U P H E A D - P L A N N I N G & ARCHITECTURE)

Company Overview Performance Highlights Management Structure

Manish Sawant ( G R O U P H E A D – LIAISONING)

Bimal Nanda ( G R O U P C S A N D COMPLIANCE OFFIC ER)

Aradhana P ( G R O U P H E A D L E G A L )

Anupam Verma ( C E O - K A P S T O N E C O N S T R U C T I O N S )

Rohit Prasad ( G R O U P H E A D B U S I N E S S DEVELOPMENT)

Rahul Mahajan ( C H I E F I N F O R M A T I O N OFFICER)

Mahesh Gera ( G R O U P C H I E F H U MA N RESOURC ES OFFICER)

Vinayak Bhosale ( C H I E F O P E R A T I NG OFFICER)

Jennifer Sanjana ( P R O J E C T C E O )

Binitha Dalal ( C O F O U N D E R – MT . K KAPITAL)

Harsh Chandra ( P R O J E C T C E O )

Vishal Bafna ( P R O J E C T C E O )

Siddharth Bhatt

( C E O , C R E S T P R O P E R T Y SOLUTIONS)

Manish Randev ( P R O J E C T C E O )

Vineet Mehta ( P R O J E C T C E O )

Sreedharan Veede ( H E A D - S P E C I A L P R O J E C T S )

Madhusudan Thakur ( H E A D – C O MME R C I A L DEVELOPMENT)

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K e y s t o n e R e a l t o r s L i m i t e d

Shareholding Pattern as on 30th June‘25

Company Overview Performance Highlights Management Structure

FPIs

Abu Dhabi Investment Authority Morgan Stanley India Tata Indian Opportunities Fund

Mutual Funds

Tata Mutual Fund Quant Mutual Fund Bandhan Small Cap Fund

AIF

HDFC Capital Ananta Capital

Insurance

SBI Life Insurance Aditya Birla Sun Life Insurance SBI General Insurance ICICI Pru Life Insurance

Promoter

FPI

Mutual Funds

Insurance

AIF

Promoter

FPI

Mutual Funds

Insurance

AIF

Bodies Corporate

Others

78.34%

2.81%

7.48%

6.33%

2.49%

0.49%

2.05%

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K e y s t o n e R e a l t o r s L i m i t e d

Completed Projects

Townships 1. Global City, Virar (W) Phase 1 2. Global City, Virar (W) Phase 2 3. Urbania, Thane (W)

Residential Projects 4. Elements Off Juhu Circle 5. Seasons, Bandra (E) 6. Meridian, Kandivali (W) 7. Elanza, Malad (W) 8. Elita, Andheri (W) 9. Paramount, Khar (W) 10. Ozone, Goregaon (W) 11. Oriana, Bandra (E) 12. Acres, Dahisar (W) 13. Adarsh, Malad (W) 14. Yazarina, Dadar Parsi Colony 15. Ciroc, Juhu 16. Raag, Goregaon (E) 17. Shimmer, Juhu 18. 7 JVPD, Juhu

Residential Projects (Contd.) 19. 9 JVPD, Juhu 20. Central Park, Andheri (E) 21. Buena Vista, Bandra (W) 22. La Sonrisa, Matunga (E) 23. La Solita, Bandra (W) 24. La Roche, Bandra (W) 25. Orva, Bandra (W) 26. Riviera, Malad (W) 27. Meadows, Mahim (E) 28. Gagan, Goregaon (E) 29. Summit & Pinnacle, Borivali (E) 30. Crown, Tower A & B, Prabhadevi 31. Bella, C &D Wing Bhandup (W) 32. Erika, Bandra (E) 33. Parishram, Pali Hill

Commercial 34. Sangam, Santracruz (W) 35. Natraj, Andheri (E) 36. Aspiree, Sion (E) 37. Central Park, Andheri (E)

V i r a r

Company Overview Performance Highlights Management Structure

6 B o r i v a l i

T h a n e

C h e m b u r

N a v i M u m b a i

B a n d r a ( W )

P r a b h a d e v i

C h u r c h g a t e

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K e y s t o n e R e a l t o r s L i m i t e d

Disclaimer

Some of the statements in this presentation may be ‘forward- looking statements’ within the meaning of applicable laws and regulations. Actual results might differ substantially from those expressed or implied. Important developments that could affect the company’s operations include changes in the industry structure, significant changes in the political and economic environment in India and overseas, receipt of approvals, tax laws, duties, litigation and labor relations.

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RUSTOMJEE ELEMENTS | SHOT AT LOCATION

K e y s t o n e R e a l t o r s L i m i t e d

Thank You

KEYSTONE REALTORS LIMITED 702, Natraj, M.V. Road Junction, Western Express Highway, Andheri East, Mumbai – 400 069. Tel: 022 – 667 66 888 www.rustomjee.com. investor-relations@rustomjee.com

Investor Relations

Mr. Kamal Mittal - Head – Fund Raising & Investor Relations kamalmittal@rustomjee.com

Company Secretary & Compliance

Mr. Bimal Nanda - Group Company Secretary & Compliance Officer bimalnanda@rustomjee.com

Investor Relations Support

M r . K a n a v K h a n n a - E Y ( I R P r a c t ic e ) Kanav.Khanna@in.ey.com

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