Ajmera Realty Posts Record FY26 Profitability Momentum

Operational performance was supported by robust sales and collections, with sales value up 57 per cent to Rs 17.01 bn and collections rising by 71 per cent to Rs 11.03 bn. The company reported carpet area sold of 660,246 sq ft for the year, up 11 per cent year on year, and said collection efficiency improved to 65 per cent from 60 per cent last year. Management attributed the momentum to strong customer response to new launches, which accounted for 82 per cent of the sales value.

Ajmera Realty continued to improve its leverage profile, reporting a debt-to-equity ratio of zero point five three times, down from one point one three times in FY21, reflecting sustained deleveraging. The company recorded earnings per share of Rs 7.6 for FY26, and reported margin improvements that were credited to operational discipline. It recorded pre-sales value of Rs 17.01 bn and maintained a focus on cash flow generation to support asset-light expansion.

Looking ahead, the company said it had added five strategic asset-light projects with an estimated gross development value of Rs 24.33 bn and set a FY27 pre-sales target of Rs 22.00 bn despite a strong FY26 base. The near-term launch pipeline, anchored by plans to unlock the Wadala land bank, represents a collective GDV opportunity of Rs 249.18 bn and complements steady realisation from the sustenance portfolio. Management reiterated that the company will pursue robust and responsible execution while expanding in strategic micro-markets to deliver sustained stakeholder value.