Ajmera Realty sustains profitability momentum; record FY26 performance sets visibility for accelerated growth

Ajmera Realty & Infra India Ltd. (BSE: 513349 | NSE: AJMERA), one of India's most trusted and legacy-driven real estate developers, announced its financial results for the quarter ended 31st March 2026.

Key Highlights for FY26:

- Revenue grew 46% YoY to INR 1,098 Cr
- EBITDA grew 25% YoY to INR INR 306 Cr
- PAT grew 24% YoY to INR INR 157 Cr
- Debt-to-equity ratio stood at 0.53x, reflecting financial discipline
- Sales Value grew 57% YoY to INR 1,701 Cr, driven by strong customer response across new launches
- Collections grew 71% YoY to INR 1,103 Cr, reflecting strong execution and robust cash flow visibility
- Sales Volume grew 11% YoY to 6,60,246 sq. ft.

Commenting on the Q4 & FY26 performance, Mr. Dhaval Ajmera, Director - Corporate Affairs said: "The past five years have been truly transformative for our company. Since FY21, we have achieved a staggering 5.1x increase in Net Profit (a 38% CAGR), alongside a 3.1x surge in Revenue and 3.0x in EBITDA. Most importantly, we delivered this aggressive top-line growth & profitability while maintaining strict financial discipline-successfully deleveraging our balance sheet to reduce our Debt-to-Equity ratio to a highly resilient 0.53x from 1.13x in FY21.

FY26 stands as a landmark year for Ajmera Realty, defined by record-breaking operational excellence and the decisive execution of our growth strategy. We have outperformed our annual sales guidance to achieve a historic pre-sales value of INR 1,701 Cr, representing a strong growth of 57% YoY. This momentum was fueled by an overwhelming market response to our new launches, which contributed a staggering 82% of our total sales value. Furthermore, our focus on high-quality receivables led to a 71% YoY growth in collections, setting a new operational benchmark at INR 1,103 Cr.

Our revenue grew significantly by 46% to INR 1,098 crore YoY in FY26, while our EBITDA and PAT grew by 25% and 24% on YoY respectively. A cornerstone of this year's success was our commitment to financial prudence and superior cash flow management. Our collection efficiency improved to 65%, up from 60% in FY25, providing the liquidity to significantly outperform our leverage targets. As a result, we achieved a Debt-to-Equity ratio of 0.53x, well below our annual guidance of 0.85x. This disciplined capital structure further strengthens our balance sheet and provides the requisite capital agility to fund our expansion sustainably.

Looking ahead, we have bolstered our 5x growth engine by adding 5 strategic, asset-light projects with an estimated GDV of INR 2,433 Cr. Despite the exceptionally high base of FY26, we have set an ambitious FY27 pre-sales target of INR 2,200 Cr - a testament to our confidence in the market and our execution capabilities. Our near-term growth will be spearheaded by the unlocking of our Wadala land bank potential alongside a robust launch pipeline for FY27, representing a collective GDV opportunity of INR 24,918 Cr and complemented by steady value realization from our sustenance portfolio. Our core philosophy remains anchored in 'Robust & Responsible Execution' and expanding our footprint in strategic micro-markets to deliver sustained value to our stakeholders".

Source : Equity Bulls

Keywords

AjmeraRealtyandInfraIndia Q4FY26 Q4FY2026 FY26 FY2026 ResultUpdate