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 ₹ 1,518 Cr.
- Current Price ₹ 428
- High / Low ₹ 459 / 244
- Stock P/E 22.0
- Book Value ₹ 228
- Dividend Yield 0.69 %
- ROCE 7.48 %
- ROE 9.64 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 168 to 116 days.
Cons
- The company has delivered a poor sales growth of 3.13% over past five years.
- Company has a low return on equity of 7.08% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
208 | 80 | 78 | 165 | 316 | 277 | 370 | 382 | 344 | 347 | 483 | 431 | 455 | |
168 | 59 | 56 | 119 | 233 | 170 | 231 | 254 | 240 | 251 | 366 | 307 | 327 | |
Operating Profit | 40 | 21 | 23 | 45 | 83 | 107 | 138 | 127 | 105 | 95 | 116 | 124 | 128 |
OPM % | 19% | 27% | 29% | 27% | 26% | 39% | 37% | 33% | 30% | 28% | 24% | 29% | 28% |
8 | 9 | 10 | 7 | 9 | 14 | 17 | 19 | 6 | 5 | 6 | 10 | 9 | |
Interest | 2 | 4 | 4 | 17 | 31 | 36 | 46 | 50 | 66 | 58 | 59 | 36 | 42 |
Depreciation | 3 | 6 | 6 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 1 |
Profit before tax | 44 | 20 | 23 | 33 | 59 | 83 | 106 | 94 | 43 | 41 | 62 | 96 | 93 |
Tax % | 5% | 18% | 25% | 20% | 22% | 21% | 21% | 19% | 23% | 23% | 25% | 26% | |
42 | 16 | 17 | 26 | 46 | 66 | 84 | 76 | 33 | 31 | 46 | 72 | 70 | |
EPS in Rs | 10.91 | 4.37 | 4.57 | 7.24 | 11.95 | 18.37 | 23.19 | 21.20 | 9.22 | 8.51 | 12.79 | 20.15 | 19.55 |
Dividend Payout % | 16% | 34% | 33% | 23% | 21% | 16% | 14% | 16% | 15% | 16% | 18% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | 18% |
5 Years: | 3% |
3 Years: | 8% |
TTM: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | -3% |
3 Years: | 30% |
TTM: | -1% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 26% |
3 Years: | 53% |
1 Year: | 34% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 8% |
3 Years: | 7% |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 366 | 351 | 361 | 380 | 414 | 469 | 527 | 576 | 603 | 629 | 674 | 738 | 772 |
192 | 255 | 333 | 268 | 334 | 445 | 515 | 863 | 968 | 775 | 995 | 843 | 827 | |
162 | 239 | 357 | 492 | 478 | 466 | 458 | 406 | 365 | 457 | 314 | 305 | 290 | |
Total Liabilities | 755 | 880 | 1,086 | 1,176 | 1,261 | 1,416 | 1,536 | 1,880 | 1,972 | 1,897 | 2,018 | 1,922 | 1,925 |
240 | 123 | 119 | 74 | 72 | 70 | 69 | 71 | 76 | 66 | 66 | 69 | 68 | |
CWIP | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1 | 3 | 9 | 39 | 39 | 22 | 24 | 86 | 67 | 50 | 25 | 66 | 66 |
512 | 754 | 958 | 1,063 | 1,150 | 1,325 | 1,443 | 1,722 | 1,829 | 1,781 | 1,928 | 1,787 | 1,791 | |
Total Assets | 755 | 880 | 1,086 | 1,176 | 1,261 | 1,416 | 1,536 | 1,880 | 1,972 | 1,897 | 2,018 | 1,922 | 1,925 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-24 | -21 | -71 | -68 | 119 | 59 | -116 | -345 | -18 | 201 | -64 | 137 | |
-44 | -20 | -4 | -10 | -9 | 14 | -4 | -5 | 11 | -9 | 29 | -47 | |
71 | 56 | 67 | 59 | -98 | -69 | 109 | 363 | -1 | -175 | 33 | -86 | |
Net Cash Flow | 3 | 15 | -8 | -19 | 11 | 5 | -11 | 12 | -7 | 17 | -2 | 4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 73 | 72 | 96 | 41 | 54 | 171 | 176 | 184 | 223 | 189 | 200 | 116 |
Inventory Days | 18,071 | 14,006 | ||||||||||
Days Payable | 842 | 1,090 | ||||||||||
Cash Conversion Cycle | 73 | 72 | 96 | 41 | 54 | 17,400 | 13,093 | 184 | 223 | 189 | 200 | 116 |
Working Capital Days | 552 | 2,694 | 3,437 | 1,403 | 706 | 744 | 820 | 1,102 | 1,184 | 1,139 | 889 | 1,129 |
ROCE % | 8% | 4% | 4% | 6% | 11% | 13% | 14% | 11% | 7% | 6% | 7% | 7% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
18h - Of Schedule of Analyst/Institutional Investor Meeting under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Intimation Of Modifications In Press Release With Reference To Intimation Sent To The Stock Exchanges Vide Letter No. SEC/ARIIL/BSE-NSE/2023-24 Dated April 22, 2023 Pertaining To Purchase Of Land Parcel(S). 30 Nov
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 28 Nov
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
17 Nov - Of Schedule of Analyst/Institutional Investor Meeting under the SEBI (LODR) Regulations, 2015
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 10 Nov
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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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]