Ajmera Realty & Infra India Ltd
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 [1]
- Market Cap ₹ 2,575 Cr.
- Current Price ₹ 723
- High / Low ₹ 788 / 271
- Stock P/E 33.0
- Book Value ₹ 207
- Dividend Yield 0.42 %
- ROCE 8.18 %
- ROE 10.6 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 18.6%
Cons
- Stock is trading at 3.49 times its book value
- The company has delivered a poor sales growth of 4.55% over past five years.
- Company has a low return on equity of 7.18% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Realty Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
11 | 6 | 0 | 136 | 213 | 252 | 289 | 343 | 323 | 289 | 405 | 361 | 421 | |
1 | 0 | 0 | 98 | 150 | 152 | 165 | 225 | 221 | 207 | 305 | 250 | 287 | |
Operating Profit | 9 | 6 | 0 | 39 | 64 | 100 | 124 | 118 | 101 | 81 | 100 | 111 | 134 |
OPM % | 87% | 94% | 30% | 28% | 30% | 40% | 43% | 34% | 31% | 28% | 25% | 31% | 32% |
8 | 7 | 8 | 7 | 9 | 14 | 13 | 14 | 3 | 3 | 4 | 5 | 5 | |
Interest | 0 | 0 | 0 | 17 | 29 | 35 | 41 | 48 | 65 | 51 | 49 | 20 | 33 |
Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
Profit before tax | 17 | 12 | 7 | 26 | 42 | 77 | 94 | 83 | 38 | 32 | 54 | 95 | 104 |
Tax % | 13% | 11% | 7% | 16% | 18% | 20% | 20% | 20% | 25% | 25% | 25% | 25% | |
15 | 10 | 6 | 22 | 34 | 61 | 76 | 66 | 28 | 24 | 40 | 71 | 78 | |
EPS in Rs | 4.09 | 2.89 | 1.73 | 6.25 | 9.56 | 17.30 | 21.30 | 18.65 | 7.95 | 6.66 | 11.41 | 20.01 | 21.95 |
Dividend Payout % | 42% | 52% | 87% | 27% | 26% | 17% | 15% | 18% | 18% | 21% | 20% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | 50% |
5 Years: | 5% |
3 Years: | 4% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | -1% |
3 Years: | 36% |
TTM: | 15% |
Stock Price CAGR | |
---|---|
10 Years: | 30% |
5 Years: | 31% |
3 Years: | 84% |
1 Year: | 162% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 8% |
3 Years: | 7% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 |
Reserves | 307 | 312 | 313 | 329 | 354 | 405 | 469 | 523 | 546 | 565 | 606 | 669 | 700 |
3 | 155 | 189 | 215 | 240 | 386 | 470 | 740 | 831 | 641 | 754 | 710 | 719 | |
104 | 177 | 255 | 333 | 345 | 328 | 348 | 270 | 157 | 234 | 171 | 134 | 81 | |
Total Liabilities | 450 | 679 | 791 | 912 | 974 | 1,154 | 1,323 | 1,568 | 1,570 | 1,475 | 1,565 | 1,549 | 1,535 |
10 | 11 | 12 | 12 | 10 | 9 | 8 | 10 | 8 | 7 | 6 | 7 | 6 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 92 | 92 | 92 | 92 | 92 | 98 | 117 | 134 | 134 | 134 | 113 | 113 | 113 |
348 | 576 | 687 | 808 | 872 | 1,047 | 1,197 | 1,424 | 1,427 | 1,334 | 1,447 | 1,430 | 1,416 | |
Total Assets | 450 | 679 | 791 | 912 | 974 | 1,154 | 1,323 | 1,568 | 1,570 | 1,475 | 1,565 | 1,549 | 1,535 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
27 | -140 | -33 | -15 | 141 | 43 | -129 | -260 | 8 | 150 | -79 | 52 | |
-20 | 4 | 3 | 3 | 5 | 0 | 5 | -15 | -0 | 16 | 2 | 11 | |
-5 | 146 | 29 | 3 | -145 | -42 | 123 | 283 | -14 | -165 | 86 | -71 | |
Net Cash Flow | 1 | 10 | -1 | -9 | 1 | 1 | -1 | 8 | -6 | 1 | 8 | -7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 267 | 294 | 4,270 | 41 | 59 | 177 | 217 | 179 | 190 | 161 | 124 | 137 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 267 | 294 | 4,270 | 41 | 59 | 177 | 217 | 179 | 190 | 161 | 124 | 137 |
Working Capital Days | 5,512 | 15,517 | 439,630 | 1,122 | 572 | 471 | 626 | 731 | 728 | 806 | 642 | 777 |
ROCE % | 5% | 3% | 1% | 8% | 12% | 15% | 15% | 11% | 8% | 6% | 8% | 8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
21 Mar - Of resignation of Company secretary & Compliance Officer of the Company as per Regulation 30 of SEBI (LODR) Regulation, 2015
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Announcement under Regulation 30 (LODR)-Investor Presentation
19 Mar - Investor Presentation as per SEBI (LODR) Regulation, 2015.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
14 Mar - Of Schedule of Analyst/Institutional Investor Meeting under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 6 Mar
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1 Mar - Of Schedule of Analyst/Institutional Investor Meeting under the SEBI (LODR) Regulations, 2015
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2012
from nse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Concalls
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Mar 2024TranscriptNotesPPT
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Feb 2024Transcript PPT
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Dec 2023TranscriptNotesPPT
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Nov 2023Transcript PPT
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Jul 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021Transcript PPT
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Sep 2021TranscriptPPT
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Aug 2021Transcript PPT
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Jun 2021Transcript PPT
Domestic Projects
In Mumbai, the company has Ajmera i-Land (Aeon, Zeon, Treon), Ajmera Greenfinity, Ajmera Sikova, Followed by Ajmera Lugaano, Ajmera Nucleus in Bengaluru and Casa Vyoma, Enigma in Ahmedabad. [1]