Ajmera Realty and Infra India Limited (NSE:AJMERA) filed an investor presentation on 4 August 2026, covering unaudited standalone and consolidated financial results for the quarter ended 30 June 2026. The company reported sales value of Rs 146 crore, collections of Rs 173 crore, and a profit after tax of Rs 45 crore for Q1FY27.
Key Highlights
- Sales volume for Q1FY27 stood at 43,737 square feet, reflecting a 31% year-on-year decrease, while sales value of Rs 146 crore marked an 18% year-on-year increase.
- Collections for the quarter reached Rs 173 crore, up 23% year-on-year, with total revenue of Rs 320 crore representing a 35% year-on-year increase.
- EBITDA came in at Rs 94 crore with a margin of 29%, while PAT was Rs 45 crore at a margin of 14% for Q1FY27.
- The debt-to-equity ratio improved to 0.47x as on 30 June 2026, continuing a deleveraging trend from 0.90x recorded in March 2024.
About the Company
Ajmera Realty and Infra India Limited (NSE:AJMERA), headquartered in Mumbai, is a real estate developer with over two decades of operations across the Infrastructure and Real Estate sector. The company develops townships and residential projects in micro markets including Mira Road, Andheri, Borivali, and Wadala in Mumbai, as well as Bengaluru. It has delivered homes to more than 46,000 families, with a workforce exceeding 400 personnel and a total completed portfolio of 20.7 million square feet on a carpet basis.
Announcement in Detail
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Ajmera Realty filed the earnings presentation for Q1FY27 with both BSE (Script Code: 513349) and NSE (Script Code: AJMERA) on 4 August 2026. The presentation was filed by Company Secretary and Compliance Officer Reema Solanki on behalf of the company. The document covers unaudited standalone and consolidated financial results for the quarter ended 30 June 2026, alongside operational and portfolio updates.
The presentation discloses ongoing development of 2.1 million square feet across nine projects, with eight projects in the launch pipeline covering 3.8 million square feet in Mumbai, Pune, and Bengaluru. Future development potential stands at 10.4 million square feet on owned land. The average cost of debt declined to 11.01% as of June 2026 from 11.98% in March 2024, with total corporate and project debt reducing to Rs 680 crore from Rs 780 crore in March 2024.
Impact on Investors
Investors will note that the company's debt-to-equity ratio has declined consistently from 0.90x in March 2024 to 0.47x as of 30 June 2026, which the filing attributes to continued deleveraging. The disclosed terms indicate total revenue potential across ongoing projects of Rs 3,805 crore, comprising Rs 1,631 crore in balance revenue on committed sales and Rs 2,174 crore from unsold stock, providing a forward revenue visibility figure that shareholders will observe is drawn from RERA-registered project timelines.
The filing shows a 31% year-on-year decline in sales volume in square feet terms alongside an 18% increase in sales value, reflecting a higher average realisation per square foot. Shareholders will observe that project construction timelines extend to as late as January 2031 for certain ongoing developments, meaning revenue recognition will be spread across multiple financial years in accordance with applicable accounting standards.
Sector / Market Context
India's residential real estate market has seen sustained demand in the Mumbai Metropolitan Region and Bengaluru, two geographies in which Ajmera Realty operates. According to data published by the Ministry of Housing and Urban Affairs, urban housing demand has been supported by government initiatives including the Pradhan Mantri Awas Yojana framework. RERA-registered project timelines, as referenced in the company's presentation, have become a standard disclosure benchmark for listed real estate developers following SEBI and RERA mandates.