Ajmera Realty
Ajmera Realty Q3 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Ajmera Realty expects strong growth momentum with an upcoming launch pipeline contributing ~Rs. Ajmera Realty shows strong growth momentum with 9M FY26 sales at Rs.
From Ajmera Realty's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Ajmera Realty expects strong growth momentum with an upcoming launch pipeline contributing ~Rs. 1,500 crores, raising total revenue visibility to ~Rs. 5,600 crores.
- For FY26, the company is poised to surpass its full year sales guidance of Rs. 1,600 crores, having achieved Rs. 1,431 crores in sales in 9M FY26, a 72% YoY growth.
- Volume growth is strong with 5.56 lakh sq.ft. sold in 9M FY26, a 36% YoY increase.
- Collections rose 70% YoY to Rs. 787 crores in 9M FY26.
- The Wadala project’s GDV increased from Rs. 1,800 crores to Rs. 5,300 crores, signifying enhanced future revenues.
- Asset-light redevelopment projects worth Rs. 2,000 crores will also fuel expansion.
- Sales velocity is steady across projects with confident outlook towards meeting FY27 launch pipeline targets.
- Continued selective acquisitions and optimizing portfolio value underpin future volume and revenue growth.
Profitability & Margins
See what Ajmera Realty said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Ajmera Realty is in active discussions with funds and players for strategic partnerships, expected to materialize as a FY27 event.
- They are expanding commercial development in Wadala under the 33(20)(B) PAP development scheme, increasing FSI by 1 million sq.ft, with anticipated launch between Q1-Q2 FY27.
- Launch of boutique office concept in Wadala to fund projects and maintain cash flows; larger office spaces planned for retention as income-generating assets.
- Exploring potential partnerships or JV for commercial-retail projects, especially the large 55-acre Kanjurmarg land parcel, though no concrete decisions yet.
- Two asset-light redevelopment projects in Mumbai and Pune with combined GDV of Rs. 2,000 crores are underway, expected to launch possibly in FY27 or FY28.
- Overall launch pipeline includes significant commercial and residential launches aiming to generate revenues of around Rs. 5,600 crores, reflecting robust growth and capital deployment ahead.
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Ranked on what management guided this quarter
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
- Ajmera Realty & Infra India Limited has secured new business development projects worth Rs. 2,000 crores, focusing on asset-light developments.
- Their existing project portfolio (ongoing and OC received) has total revenue visibility of Rs. 4,098 crores, including Rs. 99 crores from committed sales and about Rs. 4,000 crores from available inventories.
- The upcoming launch pipeline is expected to contribute around Rs. 1,500 crores in FY26.
- Overall revenue visibility stands at approximately Rs. 5,600 crores.
- The ongoing project portfolio is estimated to generate Rs. 2,316 crores in cash flow over the remaining life cycle.
- Addition of two redevelopment projects worth Rs. 2,000 crores (Mumbai Rs. 1,500 crores and Pune Rs. 500 crores) under active development.
Ajmera Realty — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹431 Cr, net profit ₹59 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Ajmera Realty & Infra India Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Ajmera Realty Q3 FY26 results?
Ajmera Realty expects strong growth momentum with an upcoming launch pipeline contributing ~Rs. Ajmera Realty shows strong growth momentum with 9M FY26 sales at Rs.
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 is in active discussions with funds and players for strategic partnerships, expected to materialize as a FY27 event.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.