Input cost inflation
Commodity price volatility (steel, aluminium, glass) could increase construction costs by ~5% overall, with certain items up 8-13%.
KEYSTONEREALTORS / Q4-FY26 / risks
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Keystone Realtors · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
Material risks this quarter
medium
Legacy project margin drag
Legacy low-margin projects (e.g., Crown) still contribute 62% of revenue in FY26; full transition to high-margin projects expected only by FY28.
Geopolitical risk impacting demand
Middle East crisis could slow footfalls and conversions, especially in the 1-3 crore segment, though premium demand remains resilient.