Transcript for Earnings Call

Ajmera Realty delivered strong FY26 results with presales of INR 1,701 crores (57% YoY growth), surpassing its INR 1,600 crores guidance. Collections reached INR 1,103 crores (71% YoY), while revenue grew 46% to INR 1,098 crores with PAT of INR 157 crores (24% growth). The company achieved its highest-ever annual sales and collections. Debt-to-equity improved significantly to 0.53x (vs guidance of 0.85x). Looking ahead, FY27 presales target is INR 2,200 crores with INR 1,800 crores business development planned. The Wadala land bank holds INR 13,194 crores GDV with combined pipeline of INR 19,518 crores. Management noted Kanjurmarg land conversion is under regulatory process and should complete next quarter, with the project to be launched at SPV level through equity partnerships.