AJMERA NSE filing

Ajmera Realty reports strong H1 FY26 with 20% revenue growth, 48% presales surge, and robust pipeline

The RealCase readHigh impact Positive

Ajmera Realty reported strong H1 FY26 financial results with 20% revenue and 48% presales growth, driven by new launches and a robust future project pipeline.

Why it matters

The announcement indicates high impact due to strong financial performance, substantial growth in sales and collections, successful launch of new projects, and a clear, ambitious future development pipeline. The projected GDV for upcoming projects suggests significant future revenue potential and sustained growth.

The market read

The company reported significant growth in key financial metrics like revenue (+20% YoY), sales value (+48% YoY), and collections (+52% YoY). Management commentary is highly positive, highlighting successful new project launches and a strong future project pipeline with substantial Gross Development Value (GDV) projections.

Ajmera Realty & Infra India Ltd. announced its unaudited Standalone & Consolidated Financial Results for the quarter and half year ended September 30, 2025. Key highlights for H1 FY26 include: * Revenue grew 20% Year-on-Year (YoY) to ₹481 crore. * EBITDA grew 6% YoY to ₹139 crore. * PAT grew 2% YoY to ₹71 crore. * Sales Value surged 48% YoY to ₹828 crore, driven by strong demand across new launches. * Sales Volume grew 20% YoY to 2,93,016 sq.ft. * Collections grew 52% YoY to ₹454 crore, reflecting efficient execution and strong customer confidence.

For Q2 FY26, operational highlights included: * Carpet area sold: 2,29,772 sq. ft., a 101% YoY increase. * Sales Value: ₹720 crore, an 184% YoY increase. * Collection: ₹220 crore, a 66% YoY increase.

Mr. Dhaval Ajmera, Director - Corporate Affairs, commented that the Q2 and H1 FY26 performance reinforces their focus on disciplined growth, timely execution, and prudent financial management. The company launched two marquee projects, Ajmera Manhattan 2 and Thirty3.15, with a combined Gross Development Value (GDV) of ₹2,100 crore, both receiving an encouraging market response. The balance sheet is strengthened with a healthy debt-to-equity ratio of 0.55x, supported by robust sales momentum and strong collections. Ajmera Realty has a strong project pipeline with a GDV of ₹4,357 crore across seven projects.

Future outlook includes: * The development potential of Wadala is robust, projected to generate a top-line sales value of over ₹12,000 crore. * In H2 FY26, the company plans to launch a boutique office space (estimated 6 lakh sq.ft.) with an estimated GDV of ₹1,800 crore. * From FY27 onwards, they aim to foray into uber-luxury residential space with a project spanning 13.8 lakh sq.ft., estimated to generate a GDV of ₹5,700 crore. * Next phases of Ajmera Manhattan across 9 lakh sq.ft. are estimated to add a GDV of ₹3,200 crore.

Filing to action

What to do with a filing like this

Ajmera Realty & Infra India Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Ajmera Realty & Infra India Limited. Read the original for the full detail.

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