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AJMERA REALTY & INFRA INDIA LTD. Q4 FY26 Results

AJMERAQ4 FY26 Results
Filing
MetricValue ( Cr)Q3 FY26Q4 FY25
Revenue431.13137.2%184.8%
Total Income434.11136.6%182.5%
Expenditure347.17145.7%187.8%
PBT86.94106.0%163.1%
Net Profit58.53110.0%131.5%
OPM24.84%5.53pp3.80pp
NPM13.48%1.71pp2.97pp
EPS2.83117.7%55.9%
View full financials

Ajmera Realty FY26 Revenue Up 46% to ₹1,098 Cr

25 May 2026 · 25 May, 2:50 pm

Summary

Ajmera Realty & Infra India Ltd. achieved a landmark performance in FY26, reporting total revenue growth of 46% year-over-year to ₹1,098.0 crore. Profit after tax (PAT) for the fiscal year increased by 24% to ₹157.1 crore, while EBITDA rose by 25% to ₹306.0 crore. The company recorded a historic pre-sales value of ₹1,701 crore, representing a 57% year-over-year growth, driven by an overwhelming market response to new launches. Financial discipline was a cornerstone, with the debt-to-equity ratio improving significantly to 0.53x from 1.13x in FY21. Looking ahead, management has set an ambitious FY27 pre-sales target of ₹2,200 crore and is leveraging strategic asset-light projects and its Wadala land bank for accelerated growth.

Key Highlights

  1. 1

    FY26 revenue grew by 46% year-over-year to ₹1,098 crore.

  2. 2

    Profit after tax (PAT) for FY26 increased by 24% year-over-year to ₹157 crore.

  3. 3

    EBITDA for FY26 saw a 25% year-over-year growth, reaching ₹306 crore.

  4. 4

    Sales Value for FY26 achieved a historic ₹1,701 crore, marking a significant 57% year-over-year growth and outperforming annual guidance.

  5. 5

    Collections for FY26 increased by 71% year-over-year to ₹1,103 crore, demonstrating robust cash flow visibility.

  6. 6

    The company's Debt-to-equity ratio improved to a resilient 0.53x from 1.13x in FY21, reflecting strong financial discipline.

  7. 7

    Ajmera Realty has bolstered its growth engine by adding 5 strategic, asset-light projects with an estimated Gross Development Value (GDV) of ₹2,433 crore.

Management Comments

D

Dhaval Ajmera

The past five years have been truly transformative for our company. Since FY21, we have achieved a staggering 5.1x increase in Net Profit (a 38% CAGR), alongside a 3.1x surge in Revenue and 3.0x in EBITDA. Most importantly, we delivered this aggressive top-line growth & profitability while maintaining strict financial discipline—successfully deleveraging our balance sheet to reduce our Debt-to-Equity ratio to a highly resilient 0.53x from 1.13x in FY21. FY26 stands as a landmark year for Ajmera Realty, defined by record-breaking operational excellence and the decisive execution of our growth strategy. We have outperformed our annual sales guidance to achieve a historic pre-sales value of INR 1,701 Cr, representing a strong growth of 57% YoY. This momentum was fueled by an overwhelming market response to our new launches, which contributed a staggering 82% of our total sales value. Furthermore, our focus on high-quality receivables led to a 71% YoY growth in collections, setting a new operational benchmark at INR 1,103 Cr. Our revenue grew significantly by 46% to INR 1,098 crore YoY in FY26, while our EBITDA and PAT grew by 25% and 24% on YoY respectively. A cornerstone of this year’s success was our commitment to financial prudence and superior cash flow management. Our collection efficiency improved to 65%, up from 60% in FY25, providing the liquidity to significantly outperform our leverage targets. As a result, we achieved a Debt-to-Equity ratio of 0.53x, well below our annual guidance of 0.85x. This disciplined capital structure further strengthens our balance sheet and provides the requisite capital agility to fund our expansion sustainably. Looking ahead, we have bolstered our 5x growth engine by adding 5 strategic, asset-light projects with an estimated GDV of INR 2,433 Cr. Despite the exceptionally high base of FY26, we have set an ambitious FY27 pre-sales target of INR 2,200 Cr - a testament to our confidence in the market and our execution capabilities. Our near-term growth will be spearheaded by the unlocking of our Wadala land bank potential alongside a robust launch pipeline for FY27, representing a collective GDV opportunity of INR 24,918 Cr and complemented by steady value realization from our sustenance portfolio. Our core philosophy remains anchored in ‘Robust & Responsible Execution’ and expanding our footprint in strategic micro-markets to deliver sustained value to our stakeholders.

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