| Revenue growth | Q2 revenue ₹320 Cr, +45% YoY; H1 ₹639 Cr, +33%. Execution-driven. |
|---|---|
| Margins | Q2 EBITDA margin 26% vs H1 28%; mgmt deflected on cost-inflation pressure. |
| Order book | Revenue visibility ₹3,510 Cr (₹1,550 Cr committed); no peer comparison. |
| Demand visibility | Revenue visibility ₹3,510 Cr; Versova sales weak, mgmt deflected. |
| Management confidence | Balanced-to-optimistic; hedges on Kanjurmark timing and approvals repeatedly. |
Growth
Q2 revenue +45% to ₹320 Cr; EBITDA +40%, margin slipped 27%→26%; PAT +55%. H1 revenue +33%.
Outlook
Launch pipeline ~₹7,008 Cr; revenue visibility above ₹10,500 Cr; no explicit growth % guided.
Risks
Kanjurmark conversion timing unclear, cost unquantified; Versova sales stalled; Q4 launch concentration.
Last quarter's promises, checked
Delivered
- FY27-end D/E guided 1x → 0.44x at Q2, year-end pending (= BEAT)
- Revenue visibility guided ₹10,000+ Cr → above ₹10,500 Cr (= BEAT)
- Launch pipeline guided ₹6,500+ Cr → ~₹7,008 Cr (= BEAT)
Partly delivered
- Asset monetisation guided ₹330 Cr → ₹89 Cr realised in Q1; Q2 JV stake sale unquantified (= PARTIAL)
Missed
- Kanjurmark conversion guided in 2-3 months, before Dec → unresolved, no timeline (= MISS)
- Existing-project visibility ₹3,846 Cr → ₹3,510 Cr (= MISS)
- BD guided ₹1,800 Cr → ₹389 Cr Whitefield (= MISS)
Earnings Call Transcript filed with NSE, NSE: AJMERA. Summary written with AI assistance from the document.
Ajmera Realty & Infra India Ltd: key numbers
- Share price
- ₹132.41
- Market cap
- ₹2,606 Cr
- Revenue (annual)
- ₹1,090 Cr
- Net profit (annual)
- ₹149.8 Cr
- P/E (TTM)
- 15.4×Sector 34.7×
- Promoter holding
- 68.56%+0.00% QoQ
- FII holding
- 0.77%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ajmera Realty & Infra India Ltd
All →Ajmera Realty & Infra India Results Update
Ajmera Realty reported H1FY27 revenue of ₹639 Crore (up 33% YoY) and PAT of ₹93 Crore (up 32% YoY). Debt-to-equity improved to 0.44x on disciplined debt reduction.
Ajmera Realty & Infra India Investor Presentation: Key Takeaways
H1FY27: revenue INR 639 Cr (+33%), PAT INR 93 Cr (+32%), EBITDA margin 28%. Sales value fell 55% to INR 370 Cr; sales book INR 3,968 Cr.
Ajmera Realty & Infra India Q2 FY27 Results: Net Profit ₹45 Cr, Up 48.0% YoY
Ajmera Realty & Infra India Ltd reported revenue from operations of ₹317 Cr (+44.7% YoY) and net profit of ₹45 Cr (+48.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹45 Cr · +48.0% YoY
Ajmera Realty & Infra India Board Meeting Date
Ajmera Realty & Infra intimated BSE and NSE that its Board Meeting is scheduled for 3 November 2026 to consider Q2/H1 FY27 financial results. No decisions or figures are reported in this advance notice.
Ajmera Realty & Infra India Other Announcement
The company submitted its quarterly shareholding pattern as of September 30, 2026, pursuant to Regulation 31(1)(b) of SEBI LODR Regulations.
Ajmera Realty & Infra India Business Update
Ajmera Realty reported Q2FY27 sales value of INR 224 crore and collections of INR 190 crore, reflecting continued operational momentum across its projects.
- Value
- ₹414.0 Cr