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Ajmera Realty

Q1 FY26Realty

Ajmera Realty Q1 FY26 earnings call: Revenue & Margins

Q1 FY26 earnings call: what management said on revenue, margins and capex.

Price₹118
Market cap₹2.3K Cr
P/E15.1
Updated23 Aug 2026
Read4 min read

The short version

The company is very confident of achieving or potentially surpassing its annual sales target of INR 1,600 crores for the current year despite initial delays due to regulatory approvals. Ajmera Realty & Infra India Limited is optimistic about future growth with multiple project launches worth INR 6,500 crores planned in FY '26, indicating strong revenue growth potential.

From Ajmera Realty's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • The company is very confident of achieving or potentially surpassing its annual sales target of INR 1,600 crores for the current year despite initial delays due to regulatory approvals.
  • Planned project launches worth INR 6,500 crores GDV in the coming financial year will fuel growth.
  • The total revenue visibility stands strong at about INR 8,100 crores, combining INR 1,637 crores from ongoing projects and INR 6,457 crores from the launch pipeline.
  • The company targets delivery of around 1,000 homes this financial year, supporting volume growth.
  • Steady construction progress, healthy sales momentum, and inventory absorption are expected to drive sustained revenue expansion.

2 more points from Ajmera Realty's call on revenue

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Profitability & Margins

See what Ajmera Realty said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Ajmera Realty has a robust development and launch pipeline worth approximately INR 6,500 crores for the financial year.
  • Total estimated costs (capex/capital investment) for these projects are around INR 4,200 to 4,400 crores, constituting about 70% of the GDV.
  • Capital costs include upfront approval costs, construction (hard costs), overheads, finance, and marketing (soft costs), spread over the project lifecycle.
  • The company is actively negotiating 3-4 large projects in Mumbai suburbs and Bangalore, with announcements expected by next two quarters.

2 more points from Ajmera Realty's call on capex

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Top-ranked in Realty

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 3
2Sobha Ltd
Rev 2Mar 1
3
Rev 2Mar 1
4
Rev 2Mar 1
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Ajmera Realty said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • Current order book (ongoing + to-be-sold inventory) totals approximately INR 1,637 crores.
  • Sales already achieved from ongoing projects amount to INR 1,082 crores.
  • Remaining inventory available for sale from ongoing projects is about INR 555 crores.
  • Launch pipeline projects are valued at around INR 6,500 crores GDV.
  • Total revenue visibility including current and launch pipeline stands strong at approximately INR 8,100 crores.
  • The company plans 7 to 8 project launches this financial year accounting for INR 6,500 crores GDV.

2 more points from Ajmera Realty's call on order book

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Ajmera Realty — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹431 Cr, net profit ₹59 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Ajmera Realty Q1 FY26 results?

The company is very confident of achieving or potentially surpassing its annual sales target of INR 1,600 crores for the current year despite initial delays due to regulatory approvals. Ajmera Realty & Infra India Limited is optimistic about future growth with multiple project launches worth INR 6,500 crores planned in FY '26, indicating strong revenue growth potential.

What is Ajmera Realty share price analysis?

Ajmera Realty currently shows a neutral. The stock trades at a P/E of 15.1 with a market cap of ₹2,327 Cr. Investors should review the full earnings analysis for detailed insights.

Is Ajmera Realty planning capital expenditure?

Ajmera Realty has a robust development and launch pipeline worth approximately INR 6,500 crores for the financial year.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.