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Incorporated in 1985, Ajmera Realty and Infra Limited (ARIIL) is in the business of providing residential and rented commercial properties. The company has a presence in the cities like Mumbai, Bengaluru, Ahmedabad in India as well as in foreign countries such as Bahrain and UK
Ajmera Realty's subsidiary acquired a 51% stake in Ajmera MD Realty LLP for Rs. 51,000, making it a step-down subsidiary. This move provides a platform for future business expansion in the real estate sector, aligning with long-term growth.
Ajmera Realty announced its 39th Annual General Meeting (AGM) will be held via video conferencing. The Integrated Annual Report for FY 2025-26 is now accessible online for investors.
Ajmera Realty grew revenue 23% YoY to ₹320 Cr and PAT 14% to ₹45 Cr for the latest quarter. Debt-to-equity improved to 0.47x, reducing debt by ₹57 Cr. A new Bengaluru project (GDV ₹389 Cr) boosts its ₹6,508 Cr launch pipeline, signaling future growth.
Ajmera Realty's Q1FY27 sales value rose 35% YoY to ₹146 Cr, with collections at ₹173 Cr. Strong realizations drove value despite moderated sales volume and macro headwinds. Management remains confident in long-term growth via a robust launch pipeline.
Ajmera Realty divested its 36% stake in Ultra Tech Property Developers for Rs. 1.73 Cr. Ultra Tech, now no longer an associate, contributed minimal consolidated revenue (Rs 4.86 Cr) and net worth (Rs 2.38 Cr).