Ajmera Realty
Stock Snapshot
Price Performance
Vista Outlook
Basis of our Recommendation
Ajmera Realty & Infra India Limited is strategically positioned for growth, leveraging its substantial land bank and focusing on premium mixed-use developments. Management's emphasis on unlocking the potential of its Wadala and Kanjurmarg land banks aligns with the strong demand for residential and commercial assets in urban areas. Despite facing regulatory hurdles and market caution due to geopolitical tensions, the company maintains a disciplined approach to capital allocation and project execution. Vista's financial outlook reflects a stable margin environment and attractive valuation, with a projected 40% upside. The anticipated revenue growth, driven by a robust launch pipeline and improving pricing power, supports this positive outlook. However, potential headwinds include rising construction costs and market saturation in certain regions. Over the next 12-24 months, Ajmera's focus on disciplined execution and strategic land development will be critical in navigating these challenges and capitalizing on growth opportunities
Why We Like This Stock
- Significant land bank in high-demand areas provides strong future development potential
- Management's focus on premium mixed-use developments aligns with urban demand trends
- Stable margins and attractive valuation indicate potential for substantial upside
Things To Watch Out For
- Regulatory hurdles may delay project launches and impact revenue realization
- Rising construction costs could pressure profit margins and project feasibility
- Market saturation in certain areas may limit growth opportunities
Key Parameters
Financial Snapshot
View Technicals Analysis →| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 700 | 738 | 1,090 | 1,227 | 1,530 |
| Profit Before Tax (Cr.) | 139 | 165 | 229 | 257 | 321 |
| PBT Margin | 19.8% | 22.3% | 21.0% | 20.9% | 21.0% |
| Net Profit (Cr.) | 104 | 123 | 156 | 176 | 210 |
| Earnings Per Share | 5.2 | 6.3 | 7.6 | 8.6 | 10.7 |
Analyst Recommendations
| Broker | Recommendation | Target Price | Date |
|---|---|---|---|
| Emkay Global | ▲ Buy | 175 | 10-Jun-2026 |
Company Overview
Show Company Profile
Ajmera Realty & Infra India Limited, together with its subsidiaries, engages in the real estate development business. The company constructs and develops residential and commercial projects, including apartments, schools, retail and malls, and commercial spaces, as well as land development projects. It serves individuals, families, corporations, institutions, and government bodies. The company was founded in 1968 and is based in Mumbai, India. Ajmera Realty & Infra India Limited operates as a subsidiary of Ariil Trust.