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 ₹ 2,298 Cr.
- Current Price ₹ 117
- High / Low ₹ 221 / 98.0
- Stock P/E 14.9
- Book Value ₹ 71.1
- Dividend Yield 0.86 %
- ROCE 14.3 %
- ROE 11.5 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 37.8% CAGR over last 5 years
Cons
- Company has a low return on equity of 11.9% over last 3 years.
* 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
Consumer Discretionary Realty Realty Residential, Commercial Projects
Part of BSE Consumer Discretionary
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 165 | 316 | 277 | 370 | 382 | 344 | 347 | 483 | 431 | 700 | 738 | 1,090 | 1,149 | |
| 119 | 233 | 170 | 231 | 254 | 240 | 251 | 366 | 307 | 499 | 507 | 792 | 838 | |
| Operating Profit | 45 | 83 | 107 | 138 | 127 | 105 | 95 | 116 | 124 | 201 | 231 | 299 | 311 |
| OPM % | 27% | 26% | 39% | 37% | 33% | 30% | 28% | 24% | 29% | 29% | 31% | 27% | 27% |
| 7 | 9 | 14 | 17 | 19 | 6 | 5 | 6 | 10 | 8 | 15 | 8 | 10 | |
| Interest | 17 | 31 | 36 | 46 | 50 | 66 | 58 | 59 | 36 | 69 | 76 | 73 | 83 |
| Depreciation | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 5 |
| Profit before tax | 33 | 59 | 83 | 106 | 94 | 43 | 41 | 62 | 96 | 139 | 167 | 229 | 234 |
| Tax % | 20% | 22% | 21% | 21% | 19% | 23% | 23% | 25% | 26% | 25% | 24% | 31% | |
| 26 | 46 | 66 | 84 | 76 | 33 | 31 | 46 | 72 | 104 | 126 | 157 | 163 | |
| EPS in Rs | 1.45 | 2.39 | 3.67 | 4.64 | 4.24 | 1.84 | 1.70 | 2.56 | 4.03 | 5.80 | 6.40 | 7.61 | 7.86 |
| Dividend Payout % | 23% | 21% | 16% | 14% | 16% | 15% | 16% | 18% | 15% | 14% | 14% | 13% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 26% |
| 3 Years: | 36% |
| TTM: | 43% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 38% |
| 3 Years: | 28% |
| TTM: | 16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 11% |
| 3 Years: | 18% |
| 1 Year: | -40% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 11% |
| 3 Years: | 12% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 39 | 39 |
| Reserves | 380 | 414 | 469 | 527 | 576 | 603 | 629 | 674 | 738 | 830 | 1,167 | 1,359 |
| 268 | 334 | 445 | 515 | 863 | 968 | 775 | 868 | 843 | 808 | 676 | 711 | |
| 492 | 478 | 466 | 458 | 406 | 365 | 457 | 441 | 305 | 290 | 372 | 484 | |
| Total Liabilities | 1,176 | 1,261 | 1,416 | 1,536 | 1,880 | 1,972 | 1,897 | 2,018 | 1,922 | 1,963 | 2,254 | 2,594 |
| 74 | 72 | 70 | 69 | 71 | 76 | 66 | 66 | 69 | 71 | 77 | 106 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 39 | 39 | 22 | 24 | 86 | 67 | 50 | 25 | 66 | 110 | 124 | 120 |
| 1,063 | 1,150 | 1,325 | 1,443 | 1,722 | 1,829 | 1,781 | 1,928 | 1,787 | 1,782 | 2,053 | 2,368 | |
| Total Assets | 1,176 | 1,261 | 1,416 | 1,536 | 1,880 | 1,972 | 1,897 | 2,018 | 1,922 | 1,963 | 2,254 | 2,594 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -68 | 119 | 59 | -116 | -345 | -18 | 201 | -64 | 135 | 220 | 8 | 69 | |
| -10 | -9 | 14 | -4 | -5 | 11 | -9 | 29 | -45 | -76 | -12 | -48 | |
| 59 | -98 | -69 | 109 | 363 | -1 | -175 | 33 | -86 | -97 | -1 | -56 | |
| Net Cash Flow | -19 | 11 | 5 | -11 | 12 | -7 | 17 | -2 | 4 | 46 | -5 | -36 |
| Free Cash Flow | -66 | 119 | 55 | -120 | -350 | -25 | 179 | -66 | 131 | 217 | 2 | 40 |
| CFO/OP | -137% | 159% | 72% | -68% | -258% | -8% | 220% | -41% | 128% | 127% | 21% | 47% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 41 | 54 | 171 | 176 | 184 | 223 | 189 | 200 | 116 | 112 | 156 | 142 |
| Inventory Days | 18,071 | 14,006 | 8,244 | |||||||||
| Days Payable | 842 | 1,090 | 378 | |||||||||
| Cash Conversion Cycle | 41 | 54 | 17,400 | 13,093 | 184 | 223 | 189 | 200 | 116 | 112 | 8,022 | 142 |
| Working Capital Days | 1,332 | 688 | 693 | 818 | 1,101 | 1,184 | 1,053 | 850 | 1,112 | 699 | 727 | 591 |
| ROCE % | 6% | 11% | 13% | 14% | 11% | 7% | 6% | 8% | 8% | 12% | 13% | 14% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Collections INR Cr |
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| Pre-sales (Sales Value / Bookings) INR Cr |
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| Realisation per sq ft (ASP) INR per sq ft |
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| Sales Volume (Area Sold) sq ft |
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| Units Sold number |
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| Owned Land Bank (Future Development Potential) MSF (Million sq ft carpet area) |
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| Ongoing Development Portfolio (Carpet Area) MSF (Million sq ft carpet area) |
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| New Project Additions (GDV) INR Cr |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Raising of Funds
- Board approved NCDs/bonds issuance up to Rs. 500 crore on September 10, 2026, subject to shareholder approval.
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Board Meeting Outcome for For Consideration And Approval Of Proposal For Issuance Of Non-Convertible Debentures (Ncds) / Bonds / Other Instruments On Private Placement Basis
- Board approved private placement of NCDs/bonds up to ₹500 crore, subject to shareholder approval.
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Board Meeting Intimation for Consideration And Approval Of The Fund-Raising Proposal By Way Of Issuance Of Non-Convertible Debentures.
- Board meeting on September 10, 2026 to consider fund-raising via Non-Convertible Debentures.
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Announcement under Regulation 30 (LODR)-Acquisition
- SYRPL invested Rs 51,000 for 51% in Ajmera MD Realty LLP; LLP becomes step-down subsidiary.
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Letters To Members
- AGM scheduled for 23 September 2026; annual report web-link shared and KYC update requested.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Concalls
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Jul 2025Transcript PPT REC
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT REC
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May 2024TranscriptAI SummaryPPT
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Mar 2024TranscriptAI SummaryPPT
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Feb 2024Transcript PPT
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Dec 2023TranscriptAI SummaryPPT
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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 2022TranscriptAI SummaryPPT
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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
Business Profile[1]
Ajmera Realty is a real estate developer and builder specializing in township development with a presence in MMR & Bangalore. It has delivered 46,000+ homes and is currently developing 1.3 MSF, with 1.7 MSF in the pipeline and an 11.1 MSF land bank for future projects.