Press Release
AJMERA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ajmera Realty reported record FY26 performance with revenue growing 46% YoY to INR 1,098 Cr, driven by 57% YoY growth in sales value to INR 1,701 Cr. PAT rose 24% to INR 157 Cr while EBITDA grew 25% to INR 306 Cr. However, EBITDA margin compressed to 28% from 33% in FY25 (a 477bps decline), reflecting product mix shift toward more affordable segments and competitive pricing. Collections surged 71% YoY to INR 1,103 Cr and the company significantly deleveraged, bringing its Debt-to-Equity ratio down to 0.53x from 1.13x in FY21, well below its annual guidance of 0.85x. Q4 alone saw revenue jump 182% YoY to INR 433.9 Cr, though carpet area sold fell 44% QoQ, suggesting back-ended revenue recognition. The company set an ambitious FY27 pre-sales target of INR 2,200 Cr.
Strong top-line and profit growth, combined with significant balance sheet deleveraging, signals a healthy fundamental trajectory, though margin compression warrants monitoring. The robust collections and low leverage ratio provide financial flexibility for the company's 5x growth strategy.