Board approves 5-for-1 share split and September quarter results

Revenue Growth 20pctEbitda Margin CompressionResults View source PDF Explain this filing

AJMERA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-3.9%Reaction day

₹211.00

prior close

₹203.95

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.7%-2.2% vs market

Residential Commercial Projects peers, median of 59sector-1.8%-2.1% vs sector

On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 2.1 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

-0.3

15m

-0.1

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.9-1.7-2.2-1.8-2.1

Next day

-3.0-1.3-1.7-2.0-1.1

-6.2-1.7-4.6-2.1-4.1

-5.3-1.9-3.4-2.4-2.9

-5.0-1.0-4.0-2.8-2.2

-6.5-1.1-5.4-2.8-3.7

-6.9-0.6-6.3-2.9-4.0

15d

-3.7-3.0-0.7-5.3+1.6

-10.9-8.1-2.8-9.7-1.2

-6.6-4.8-1.8-8.1+1.5

-31.5-9.1-22.4-14.3-17.2

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 59Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The board approved unaudited results for the quarter and half year ended September 30, 2025. It also proposed splitting each Rs 10 share into five Rs 2 shares, subject to shareholder and regulatory approvals. Paid-up shares would rise from 3.93 crore to 19.68 crore, and the record date is yet to be set. Consolidated half-year revenue rose 21.3% to Rs 477.47 crore, while profit rose 2.8% to Rs 68.65 crore.

Likely market impact

The split may boost liquidity but does not change value. Approval is pending. Revenue rose, but margins and quarterly profit weakened.