Stock Snapshot
Price Performance
Recommendation Rationale
Strong growth outlook supported by strategic land development and project expansion.
Basis of our Recommendation
Ajmera Realty & Infra India Limited is poised for robust growth, driven by a strong presales performance and an extensive project pipeline, particularly in the Wadala and Kanjurmarg areas. The company is strategically expanding its geographical footprint and project offerings while maintaining a disciplined financial approach. However, it faces risks from global geopolitical tensions and potential execution challenges.
Why We Like This Stock
- Record presales and collections exceeding guidance
- Significant development potential in Wadala and Kanjurmarg land banks
- Strategic expansion of project portfolio and geographical presence
Things To Watch Out For
- Global geopolitical tensions causing market caution
- Potential delays in project launches and sales closures
Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 700 | 738 | 1,090 | 1,347 | 1,735 |
| Profit Before Tax (Cr.) | 139 | 165 | 229 | 298 | 391 |
| PBT Margin | 19.9% | 22.3% | 21.0% | 22.1% | 22.6% |
| Net Profit (Cr.) | 104 | 123 | 156 | 195 | 256 |
| EPS | 5.2 | 6.3 | 7.6 | 9.9 | 13.0 |
Company Overview
Show Company Profile
Ajmera Realty & Infra India Limited, together with its subsidiaries, engages in the real estate development business in India. The company constructs and develops residential and commercial projects, including apartments, schools, retail and malls, and office spaces, as well as land development projects. It serves individual homebuyers, families, corporate clients, institutional investors, and government agencies. The company was founded in 1968 and is based in Mumbai, India. Ajmera Realty & Infra India Limited is a subsidiary of Ariil Trust.