Ajmera Realty & Infra India Limited has reported exceptional performance for the second quarter of fiscal year 2026, marking a significant milestone in the company's growth trajectory.

Record-Breaking Sales Performance

The real estate developer has achieved its highest-ever quarterly sales, demonstrating robust market demand and strategic positioning. Key highlights of Q2 FY26 include:

Project Launches

During the quarter, Ajmera Realty launched two significant projects:

1. Ajmera Manhattan 4A4B in Wadala
2. Thirty 3.15 in Bandra

These launches have contributed to the company's impressive sales figures, with Ajmera Manhattan 4A4B already seeing 38% of its inventory sold within a month of launch.

Half-Year Performance

The strong Q2 results have bolstered Ajmera Realty's half-year performance for FY26:

Management Commentary

Mr. Dhaval Ajmera, Director - Corporate Affairs, commented on the company's performance: "Q2 FY26 marked a defining milestone for Ajmera Realty, as the Company delivered its strongest-ever quarterly performance, nearly three times that of the previous period. The strategy of focusing on high-quality developments in premium micro markets continued to yield results."

Future Outlook

With regulatory challenges progressively being resolved and key approvals falling into place, Ajmera Realty is well-positioned to accelerate launches from its strong project pipeline. This is expected to fuel the company's ongoing expansion and maintain its growth momentum in the coming quarters.

The remarkable performance in Q2 FY26 reflects Ajmera Realty's strong execution capabilities, financial discipline, and the market's confidence in the Ajmera brand. As the real estate sector in India continues to show resilience, Ajmera Realty's strategic focus on premium developments in luxury and mid-luxury residential segments appears to be paying off, setting a solid foundation for future growth.

Ajmera Realty & Infra India Limited has reported its strongest quarterly results in five years, showcasing robust growth across key financial metrics. The company's performance underscores its strategic focus on project execution and financial discipline in a thriving real estate market.

Financial Highlights

• Revenue surged by 32% year-on-year to INR 260.00 crores
• Collections increased by 42% to INR 234.00 crores
• EBITDA grew by 19% to INR 79.00 crores, maintaining a healthy margin of 31%
• Net profit reached INR 39.00 crores, up 20% year-on-year
• Debt reduced by 6% to INR 619.00 crores, improving the debt-equity ratio to 0.5x

Sales Performance and Project Updates

Despite facing approval delays for new launches, Ajmera Realty achieved sales of INR 108.00 crores, covering 63,244 square feet of carpet area. The company's key projects demonstrated strong progress:

• Ajmera Manhattan: 89% sold
• Ajmera Greenfinity: 75% sold
• Ajmera Eden: 95% sold

Notably, Ajmera Prive received its occupation certificate one year ahead of schedule, showcasing the company's commitment to timely project delivery.

Future Outlook

Ajmera Realty has ambitious plans for the current financial year:

• Launch projects worth INR 6,500.00 crores
• Deliver 1,000 homes
• Total revenue visibility stands at INR 8,100.00 crores, including ongoing projects and launch pipeline

Management Commentary

During the earnings call, Mr. Dhaval Ajmera, Director of Corporate Affairs, expressed optimism about the real estate sector's growth momentum. He highlighted the positive impact of recent monetary policy rate cuts and liquidity measures on housing demand, particularly in the mid-income and premium residential segments.

Mr. Nitin Bavisi, Chief Financial Officer, emphasized the company's strong financial discipline, stating, "Our endeavor has always been to remain very prudent on the debt side, which is visible in our gross sales collection of INR 234.00 crores and the reduction of debt from INR 662.00 crores to INR 619.00 crores."

Market Positioning and Strategy

Ajmera Realty continues to focus on the mid-income and luxury segments in Mumbai and Bangalore, adapting its project mix to suit the specific demands of each micro-market. The company is actively exploring opportunities for expansion, including potential branded residences and master-planned communities.

With a strong launch pipeline and improved financial metrics, Ajmera Realty & Infra India Limited appears well-positioned to capitalize on the positive momentum in the real estate market, aiming for sustained growth and value creation in the coming quarters.