RUSTOMJEENSE30 January 2024

Keystone Realtors Limited has informed the Exchange about Investor Presentation

Keystone Realtors Limited

Date: January 30, 2024

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 – Limited Reviewed for the quarter and nine months ended December 31, 2023.

This is also being uploaded on the Company’s website at www.rustomjee.com.

Kindly take the same on record.

Yours faithfully, For Keystone Realtors Limited

Bimal K Nanda Company Secretary & Compliance Officer Membership No A11578

Encl: as above

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

Quarterly Update

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

Table of Contents

Company Overview

Performance Highlights

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

Management Structure

Company Overview

A Snapshot

Our Journey over Two Decades

Our Ecosystem

Technology in Planning, Execution, Sales & Marketing

Ongoing Projects

Forthcoming Projects

Growth Drivers

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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

27+ Years of existence

23+ Msf developed

40+ Msf in pipeline

2 Mega Townships

280+ Completed Buildings

16,000 Homes Delivered

Company Overview Performance Highlights Management Structure

Recent Accolades and Industry recognition awards 2024 India’s Top Builders Category S.W.O.T. CWAB Awards Green Crusader Award Bhamla Foundation Integrated Township of the year - Rustomjee Uptown Urbania Realty+ Excellence Awards 2023 Design Project of the year - Rustomjee Parishram Realty+ Excellence Awards 2023

Best Residential Project (Ultra Luxury Segment) - Rustomjee Elements CNBC - Awaaz Real Estate Awards 2023

2023 Integrated Township Project of the year- Urbania ET Now Real Estate Awards

Best Redevelopment Project- Seasons ET Now Real Estate Awards

Best Realty Brand- Rustomjee Economic Times Group

MMR Focused

Prominent Redevelopment Player

Asset Light Model

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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

23+ Million Sq. Ft. delivered

Prominent MMR Real Estate developer with 23+ Million Sq. Ft. delivered and a pipeline of 40+ Million Sq. Ft. of ongoing and forthcoming projects across all price points catering to all segments of the population from Affordable to Super Premium

Capabilities and Experience

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

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

Consumer Satisfaction

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

0 5

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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

End to End Project Management Capabilities

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

Experienced Management

Experienced promoters and management possessing multi-decade experience in the real estate business

Sustainable Development

Strong focus on sustainability in all our developments

Execution Track Record

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

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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 Journey over Two Decades

Company Overview Performance Highlights Management Structure

Launched Rustomjee Residency (54 Units)

• Acquired first

redevelopment project ‘La Solita’

• Undertook SRA

Project ‘La Sonrisa’

• Launched the

township tower ‘Urbania’ in Thane

• First PE

investment by Trinity Capital in KRL

• Completed 1st

phase of Urbania

• Sun Apollo

invested in our company

• Sold 367 units in Global City in a single day

• Sale of office space to SBI General in ‘Rustomjee Natraj’

• Completed 5

• Completed 10

• Completed

msf+ of development

• Completed 1st

phase of Global City

• Xander invested in our Urbania project

• Launched ‘Elements’

‘Elements’ & handed over the homes to 480 tenants in one shot

• Completed 1st

phase of Paramount

• Launch of Crest,

a facility management company

• Sales launch

‘Crown’ project

• Sales launch Project Bella, Bhandup

• Project

Reserve, Dahisar

• Completed

OC received for Project Rustomjee Elements

• Sales launch

Cleon, Urbania La Vie (A,B &C)

• Projects

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

1996

1998

2001

2005

2006

2008

2009

2011

2012

2013

2014

2015

2017

2018

2019

2020

2021

2022

2023

Launched Rustomjee Regency (450 Units)

• Completed 1

msf + development

• Launched first phase of our affordable township ‘Global City’ in Virar

Trinity Capital made a successful exit

Sun Apollo successfully exited their investment

Commenced vacation of tenants at ‘Rustomjee Seasons’ and ‘Paramount’

• Completed 16

msf+ development

• Tie up with IKEA

• Acquisition of Crown and Forjette Project

• Xander made a successful exit

• Keppel land successfully invested into Urbania Project

• Successfully issued IPO

• Launched AIF (Mt. K Capital)

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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 - AIF

Rustomjee Cambridge International School

Rustomjee Academy for Global Careers

CREST – Property Management Services

• A real estate focused fund

management company with SEBI approved Category II Alternative Investment Fund license, promoted by Rustomjee Group.

• Leading IGCSE school in Mumbai

• Rustomjee Academy for Global

with 3 branches

•

It has a holistic approach to education, which focuses on academic excellence, as well as the overall development of its students

• Special focus on physical, social,

emotional, creativity, imagination and confidence development among the students

Careers (RAGC) is one of the pioneers in Vocational Education in India and has trained over 1,00,000 students across 4 campuses across Dahanu, Thane, Bengaluru and Rishikesh

• Offers a dynamic platform for

individuals to upskill and broaden their horizons

• Provides services post purchase of a residential and commercial assets

• CREST Service Portfolio includes:

Integrated Property Management Facility Management

• • • Staffing Solutions • Leasing Services • Project Management Consultancy • Property Audit • CAM Estimates and Budgeting

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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

• Combined implementation of ERP and BIM systems maximizes productivity and cost estimation.

• Automated and digitized

invoice settlement process boosts transparency between all stakeholders.

• Smart management measures

through detailed status monitoring of execution.

• Helps better understand

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

• CRM platform supports

automation in marketing campaigns and personalized communications through intelligent chatbots.

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

• Vendor Management System

launched for centralized procurement of Marketing Collaterals through SAP.

• Virtual Assistant Chatbot: Integrated, AI-driven, self-learning virtual assistant.

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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, Virar (W) (Affordable) 2. La Vie, La Familia - Urbania, Thane (W)* (Mid and Mass)

Residential Projects 3. Crown- B & C, Prabhadevi (Super Premium/Premium) 4. Bella, Bhandup (W)* (Mid and Mass) 5. Paramount, Khar (W) (Aspirational) 6. Erika, Bandra (E) (Mid and Mass) 7. Parishram, Pali Hill (Super Premium/Premium) 8. Ashiana, Juhu (Super Premium/Premium) 9. Aden, Bandra (E) (Aspirational) 10. Cleon, Bandra (E) (Mid and Mass)

Commercial 11. Eaze Zone, Goregaon (W)

*Note: 1) Urbania is JV project, our economic interest is 51%. 2) Bella is JV project, our economic interest is 58%. Category classification (by ticket size): Super Premium: > INR 150 mn, Premium: ₹70 -150 Mn, Aspirational: ₹30-70 Mn, Mid & Mass: ₹10-30 Mn, Affordable: <₹10 Mn

1 0

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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

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

C h e m b u r

N a v i M u m b a i

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

Townships 1. Global City, Virar (W) (Affordable) 2. Urbania, Thane (W)* (Mid and Mass)

Commercial 17. Urbania Commercial 18. OB12 + 13, Bandra (E)

Residential Projects 3. Garden Estate, Thane (W) (Mid and Mass) 4. Charkop, Kandivali (W)* (Mid and Mass) 5. Ozone (Phase II), Goregaon (W) (Affordable) 6. Dombivli (Affordable) 7. Dnyaneshwar Nagar, Sewri (Mid and Mass) 8. Ambedkar Nagar, Khar (W) (Aspirational) 9. Jyotirling, Goregaon (E)* (Mid and Mass) 10. Cliff Tower, Bandra (W) (Super Premium / Premium) 11. Bandstand, Bandra (W) (Super Premium / Premium) 12. Jariwala Compound, Mahim (W)* (Aspirational) 13. Sagar Tarang, Andheri (W) (Super Premium / Premium) 14. Vivekanand CHSL, Bandra (E) (Aspirational) 15. Kher Nagar, Bandra (E) (Mid and Mass) 16. Basant Park, Chembur (Aspirational)

Plotted Development 19. Manori*

Under planning 20. Naigaon

New Additions (FY 24) 21. Dhuruvadi, Prabhadevi (Aspirational) 22. Panorama, Pali Hill (Super Premium / Premium) 23. Majithia Nagar, Kandivali (W) (Mid and Mass) 24. Crescent Apartments, Pali Hill (Super premium/Premium) 25. Haren Textiles Pvt Ltd & Harit Synthetic Fabrics Pvt Ltd (Mid and Mass)

*Note: 1) Urbania is JV project, our economic interest is 51%. 2) Charkop is a JV Project, our economic Interest is 73%. 3) Jyotirling is a JV project, Our Economic interest is 33.33% 4) Jariwala is a DM project with DM fee of 17% of the project revenue + Incentive fee. 5) Economic Interest in Manori is 73%

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

1 1

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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

Strong residential project pipeline in place for future growth

Ongoing Projects

Forthcoming Projects

11 Ongoing ~4.81 msf saleable

25 Forthcoming ~25.5 msf saleable

Company Overview Performance Highlights Management Structure

11 projects

25 projects

Super Premium/Premium

Aspirational

Mid & Mass

Affordable

Commercial

Super Premium/Premium

Aspirational

Mid & Mass

Affordable

Commercial

Under Planning

CATEGORY

NO. OF PROJECTS

TOTAL SALEABLE AREA (MN SQ FT)

UNSOLD SALEABLE AREA (MN SQ FT)

SOLD RECEIVABLE (INR BN)

EST UNSOLD INVENTORY (INR BN)

COST TO COMPLETE* (INR BN)

Residential (A)

Super Premium/Premium

Aspirational

Mid & Mass

Affordable

Commercial (B)

Total (A+B)

4.66

1.09

0.14

2.93

0.51

0.15

4.81

1.94

0.29

0.07

1.47

0.10

0.03

1.96

19.28

6.46

0.71

10.76

1.35

19.28

38.61

12.70

2.34

23.14

0.44

0.29

38.90

32.88

7.82

1.95

22.58

0.53

32.88

*Represent hard cost (Land, Construction, FSI & Approval) | *In addition, there is S&M, HR, Admin cost ~10% 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

Forthcoming Projects as on 31st December 2023

Company Overview Performance Highlights Management Structure

CATEGORY

Residential (A)

Super Premium/Premium

Aspirational

Mid & Mass

Affordable

Commercial (B)

Total (A+B)

NO. OF PROJECTS

SALEABLE AREA (MN SQ FT)

EST. GDV (₹ BN)

COST TO COMPLETE* (₹ BN)

20.53

315.49

189.99

0.91

1.53

9.80

8.29

4.97

25.50

46.39

46.08

163.00

60.02

62.41

25.43

26.42

103.88

34.25

41.94

377.90

231.93

*Represent hard cost (Land, Construction, FSI & Approval) | *In addition, there is S&M, HR, Admin cost ~10% of Sales

1 9

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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

Category-wise Performance for Q3 & YTD FY-24

Company Overview Performance Highlights Management Structure

CATEGORY

PRE-SALES (₹ BN)

Super premium / Premium

Aspirational

Mid & Mass

Affordable

Commercial

Total

Q3 FY-24

Q3 FY-23

% CHANGE

YTD FY-24

YTD FY-23

% CHANGE

1.51

1.21

2.80

0.39

0.25

6.16

1.42

0.32

2.32

0.25

0.02

4.33

283%

21%

57%

1020%

3.88

2.22

7.22

0.65

0.25

2.63

1.39

6.12

0.95

0.21

42%

14.23

11.31

48%

60%

18%

-32%

18%

26%

Pre-Sales grew at 42% YoY on Quarterly Basis & 26% on YTD basis

2 0

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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

Category-wise Performance for Q3 & YTD FY-24

Company Overview Performance Highlights Management Structure

CATEGORY

COLLECTIONS (₹ BN)

Super premium / Premium

Aspirational

Mid & Mass

Affordable

Commercial

Total

Q3 FY-24

Q3 FY-23

% CHANGE

YTD FY-24

YTD FY-23

% CHANGE

1.25

0.79

2.06

0.29

0.13

4.52

1.26

0.75

1.53

0.50

0.12

4.16

-1%

34%

-42%

12%

4.74

2.62

7.02

0.81

0.13

3.85

2.73

3.70

1.12

0.22

15.33

11.63

23%

-4%

90%

-27%

-40%

32%

Collections grew at 9% YoY on Quarterly Basis & 32% on YTD basis

2 1

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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 ( ₹ B N )

Collections ( ₹ B N )

340

0.37

6.16

6.99

260

269

263

0.29

0.28

0.27

5.02

4.73

4.33

5.85

4.95

4.52

3.06

4.16

151

0.16

3 2 Y F 3 Q

3 2 Y F 4 Q

4 2 Y F 1 Q

4 2 Y F 2 Q

4 2 Y F 3 Q

3 2 Y F 3 Q

3 2 Y F 4 Q

4 2 Y F 1 Q

4 2 Y F 2 Q

4 2 Y F 3 Q

3 2 Y F 3 Q

3 2 Y F 4 Q

4 2 Y F 1 Q

4 2 Y F 2 Q

4 2 Y F 3 Q

3 2 Y F 3 Q

3 2 Y F 4 Q

4 2 Y F 1 Q

4 2 Y F 2 Q

4 2 Y F 3 Q

2 2

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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 Dec-23

Company Overview Performance Highlights Management Structure

PROJECT NAME

LAUNCH QUARTER

LOCATION

CATEGORY

NATURE OF DEVELOPMENT

RERA COMPLETION DATES

SALEABLE AREA (MN SQ. FT)

EST GDV (₹ BN)

Rustomjee Cleon

Q1 FY 24

Bandra E

M id & M ass

R edevelo p m ent

Jun-27

0.06

1.31

LA VIE – Tower A, Rustomjee Urbania

LA VIE – Tower B, Rustomjee Urbania

LA VIE – Tower C, Rustomjee Urbania

Total

Q1 FY 24

Thane W

M id & M ass

J DA + JV

Dec-28

0.52

7.59

Q3 FY 24

Thane W

M id & M ass

J DA + JV

Feb-29

0.47

7.03

Q3 FY 24

Thane W

M id & M ass

J DA + JV

Feb-29

0.43

6.46

1.48

22.38

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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 Dec-23

Company Overview Performance Highlights Management Structure

PROJECT NAME

QUARTER OF ACQUISITION

LOCATION

CATEGORY

NATURE OF DEVELOPMENT

SALEABLE AREA (MN SQ. FT)

EST GDV (₹ BN)

CURRENT STATUS

Dhuruvadi

Q1 FY 24

Prabhadevi

Aspirational

Re-development

0.12

4.25

Term Sheet executed. Finalization of definitive documents under process.

Panorama

Q1 FY 24

Pali Hill

Re-development

Super Premium/ Premium

0.06

3.75

Development Agreement Executed. Approval in Process.

Majithia Nagar

Q1 FY 24

Kandivali W Mid & Mass

Re-development

Q2 FY 24

Pali Hill

Re-development

Super Premium/ Premium

Q3 FY 24

Dahisar East Mid & Mass

Outright Purchase

Crescent Apartments

Haren Textiles Pvt Ltd & Harit Synthetic Fabrics Pvt Ltd

Total

0.83

16.95

LOI Executed. Finalization of definitive documents under process.

0.25

11.49

LOA Received. Finalization of definitive documents under process.

0.92

14.53

Agreement Executed. Approval in Process.

2.20

50.97

Additionally, we have added 3 projects having GDV of ~20 bn in Jan24

2 4

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Total 8 Projects with GDV of ~71 bn till date

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 during last few quarters

Company Overview Performance Highlights Management Structure

• Vivekanand CHSL,

Bandra E (GDV: ₹2.2 bn)

• Kher Nagar 31,

Bandra E (GDV: ₹2.8 bn)

• Basant Park CHSL, Chembur W (GDV: 12.5 bn)

Q3 FY23

• Jariwala,

Mahim (GDV: ₹ 11.5 bn)

• Sagar Tarang, Versova (GDV: ₹ 5.25 bn)

Q1 FY23

2 5

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Q1 FY24

• Dhuruvadi,

Prabhadevi (GDV: ₹ 4.25 bn)

• Panorama, Pali Hill (GDV: ₹ 3.75 bn)

• Majithia Nagar,

Kandivali W (GDV: ₹ 16.95 bn)

Jan 24*

• 3 projects (GDV:

₹20.00 bn)

Q3 FY24

• Haren Textiles

Dahisar E (GDV: ₹14.53 bn)

Q2 FY24

• Crescent

Apartments, Pali Hill (GDV: ₹ 11.49 bn)

YTD FY24* till Jan24

Projects Added having GDV of

~Rs. 71 bn

Full FY23

Projects Added having GDV of

~Rs. 34.25 bn

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

Projects Completed in YTD Dec-23

Company Overview Performance Highlights Management Structure

PROJECT NAME

Crown Tower A*

COMPLETION QUARTER

LOCATION

CONSTRUCTION AREA (MN SQ. FT)

Q2 FY 24

Prabhadevi

Urbania Wing D & Urbania Wing L ( Azziano)

Q2 FY 24

Thane W

Summit*

Yazarina III

Central Park*

Total

Q2 FY 24

Borivali E

Q2 FY 24

Dadar Parsi Colony

Q3 FY 24

Andheri E

For the period YTD Dec’23, we have completed 6 RERA projects with a construction area of 3.36 mn sq ft.

HIGHEST EVER IN ANY YEAR

*Part OC

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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

1.78

0.89

0.41

0.04

0.23

3.36

Cash Flows

PARTICULARS (₹ Mn) Operating Activities

Net Collections Receipts from DM / JV Projects Construction Cost Land and Approval Payments Employee and Admin Expenses

Statutory Payments

NET CASH FLOW FROM OPERATING ACTIVITIES (A) Investment Activities

Investment in New Projects Inflow from Investment Activities Other Investments (FD & Mutual Fund)

NET CASH FLOW FROM INVESTMENT ACTIVITIES (B) Financing Activities Debt Drawdown Proceeds from IPO (net of expenses)

Repayments Others Finance Costs

NET CASH FLOW FROM FINANCING ACTIVITIES (C) Net Cash Flows for the Period (A+B+C)

Company Overview Performance Highlights Management Structure

Q3 FY-24

Q2 FY-24

Q3 FY-23

YTD FY-24

YTD FY-23

FY 22-23

3,025

261 (1,579) (249) (533)

24 949

(1,731) 0 (146)

(1,877)

7,301 0

(7,141) (394) (260)

(494) (1,422)

2,983

18 (597) (317) (531)

(65) 1,491

(534) 0 (53)

(587)

200 (1)

(1,210) 0 (72)

(1,083) (179)

2,621

80 (891) (185) (360)

(169) 1,096

(567) 43 11

(512)

882 5,541

(4,242) - (159)

2022 2,606

8,249

600 (2,944) (730) (1,410)

(218) 3,547

(2,569) (23) (133)

(2,725)

7,592 (23)

(8,823) (394) (410)

(2,058) (1,237)

7,415

100 (2,452) (846) (979)

(436) 2,801

(1,058) (463) (24)

(1,545)

3,690 7,110

(8,307) (22) (694)

1,777 3,034

10,839

152 (3,152) (1,470) (1,351)

(433) 4,585

(1,732) (451) (50)

(2,233)

3,859 6,989

(9,586) (15) (824)

423 2,775

OCF in YTD FY24 is INR 3.55 bn showing a growth of 27% YoY

Investment in New Projects in Q3 is INR 1.73 bn showing a growth of 224% QoQ

Cumulative YTD Investment in New Projects is INR 2.56 bn showing a growth of 143% YoY

2 7

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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 (₹ Mn)

Q3 FY-24

Q2 FY-24

Q3 FY-23

YTD FY-24

YTD FY-23

FY 22-23

Revenue from Ops

Other Income

Total Income

EBITDA*

PBT

PAT

Share of Profit / (Loss) from JVs / Associates

PAT after Share of Profits

PAT after Non controlling Interest

EBITDA Margin %

PBT %

PAT after Non controlling Interest %

Adjusted EBITDA*#

Adjusted EBITDA %

5207

126

5,333

212

124

212

299

302

3.97%

2.32%

5.65%

1,488

6,180

153

6,333

(75)

(53)

0.14%

(1.18%)

0.69%

1,151

1,265 14,107

388

1,356

178

109

(14)

13.09%

8.00%

3.91%

450

14,495

963

712

494

312

806

815

6.64%

4.91%

5.62%

3,499

3,413

260

3,673

329

162

(36)

6,857

392

7,249

1,431

1,025

743

795

8.95%

4.41%

1.38%

818

19.74%

14.14%

11.29%

1,139 2,203

27.90%

18.17%

33.21%

24.14%

31.00%

30.39%

*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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Financial Summary – Debt Movement

DEBT MOVEMENT (₹ 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

ICRA has assigned a rating of “A-” with stable outlook

Company Overview Performance Highlights Management Structure

Q3 FY-24

Q2 FY-24

8,887

4,307

4,580

3,481

4,830

(1,348)

17,652

17,314

0.50

0.26

535

0.20

(0.08)

585

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ESG (Environmental, Social and Governance)

Company Overview Performance Highlights Management Structure

Environmental Initiatives

Social Initiatives

Governance

• 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

• 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 compliance by

contractors improved from 50% to 80%

• Awareness and training on Health

and Safety at sites for employees and workers

• Zero fatalities and NIL high

Consequence incidents (injury / illness) reported

• Engaging virtually with our key

suppliers on their ESG practices & material issues

EHS policy

Policies Implemented: • Anti bribery and anti corruption policy • • Sustainability policy • Diversity and Inclusion Information Security • • Grievance management

Update for Q3 FY24:

• Partnered with ‘Oren’ for streamlining our data collection process for all ESG Metrics as per BRSR

• All relevant stakeholders have

undergone training on use of software to make the process effective and seamless

• All Department Heads attended a

workshop on ESG & its relevance in our industry, including BRSR requirements and its applicability at Rustomjee

• All ongoing project sites were audited

(internally) by the ESG team for compliance to Environmental and Social requirements applicable at sites

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Management Structure

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

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Experienced Promoters and Directors

Company Overview Performance Highlights Management Structure

Boman Irani C M D

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

• 27+ years of Real Estate experience • President of CREDAI

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

• 24+ 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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Supported by a Professional Management Team

Sajal Gupta ( G R O U P C F O & H E A D C O R P O R A TE STR A TE G Y )

Bimal Nanda ( G R O U P C S A N D C O MP LI A N C E O F F I C E R )

Venkatraman B. ( T E C H N I C A L A D V I S O R T O TH E B O A R D )

Rakesh Setia ( C H I E F SA L E S O F F I C E R )

Company Overview Performance Highlights Management Structure

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

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

Harsh Chandra ( P R E S I D E N T & C E O – S R A )

Manish Sawant ( P R E S I D E N T – L I A I S O N I N G )

Atul Date ( C H I E F O F P L A N N I N G & A R C H I T E C T U R E )

Binitha Dalal ( A S S O C I A T E V I C E P R E S I D E N T )

Parag Saraiya ( P R O J E C T C E O )

Vishal Bafna ( P R O J E C T G R O U P H E A D )

Jennifer Sanjana ( P r e s i d e n t & P r o j e c t C E O )

Nilesh Nimbalkar ( A S S O C I A T E V I C E P R E S I D E N T )

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

Vineet Mehta ( S E N I O R V I C E P R E S I D E N T - O P E R A T I O N S )

Manish Randev ( P R O J E C T C E O – V I R A R A H )

Vinayak Bhosale ( C h i e f O p e r a t i n g O f f i c e r )

Rahul Mahajan ( G R O U P C H I E F I N F O R MA T I O N O F F I C E R )

Aradhana Prabhakar ( H E A D – L E G A L )

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Shareholding Pattern as on 31st Dec‘23

Company Overview Performance Highlights Management Structure

FPIs

Abu Dhabi Investment Authority Monsoon Morgan Stanley India Societe Generale Tata Indian Opportunities Fund

Mutual Funds

Tata Mutual Fund Quant Mutual Fund

AIF

HDFC Capital

Promoter

FPI

Mutual Funds

Insurance

AIF

Bodies Corporate

Others

86.70%

2.44%

5.47%

1.17%

1.55%

1.27%

1.40%

Bodies Corporate

Mahima Stocks Pvt Ltd One Up Financial Consultants Pvt Ltd

Insurance

SBI Life Insurance

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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, Prabhadevi

Commercial 31. Sangam, Santracruz (W) 32. Natraj, Andheri (E) 33. Aspiree, Sion (E) 34. 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

23 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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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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Thank You

KEYSTONE REALTORS LIMITED 702, Natraj, M.V. Road Junction, Western Express Highway, Andheri East, Mumbai – 400 069 Website: www.rustomjee.com

INVESTOR RELATIONS CONTACT Email: investor-relations@rustomjee.com Tel: 022 – 667 66 888

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