Ajmera Realty & Infra India Ltd delivered exceptional quarterly performance with sales bookings surging over 2-fold in the third quarter, driven by robust demand for its housing properties. The real estate developer's strong showing reflects successful execution of its asset-light strategy and expansion initiatives.

Quarterly Performance Highlights

The company's Q3 performance demonstrated remarkable growth across key metrics. Sales bookings and volume both registered substantial increases compared to the year-ago period.

Nine-Month Performance

The company's performance for the April-December period showed consistent strength, with sales bookings maintaining strong momentum throughout the fiscal year.

Management Commentary

Dhaval Ajmera, Director - Corporate Affairs of Ajmera Realty & Infra Ltd, highlighted the company's strong quarterly achievements. The management emphasized that the company achieved 2x growth in both sales and collections for Q3, validating their strategic approach.

Key management observations include:

• Strong performance validates the asset-light strategy
• Successful capability to expand into new micro-markets
• Confidence in outperforming yearly guidance

Future Outlook

With sales bookings of ₹1,431.00 crore already secured, the company has exceeded its required run-rate for the fiscal year. Management remains confident of outperforming the yearly guidance of ₹1,600.00 crore, reflecting strong market positioning and execution capabilities.

Ajmera Realty & Infra India Ltd continues to establish itself as one of the leading real estate developers in the country, with its recent performance demonstrating the effectiveness of its strategic initiatives and market approach.

Ajmera realty & infra India Limited has announced record-breaking operational performance for Q3 FY26, achieving its highest ever nine-month sales of ₹1,431 crores. The real estate company demonstrated exceptional growth momentum with quarterly sales value jumping 123% year-on-year to ₹603 crores, while collections nearly doubled to ₹333 crores, reflecting strong execution and market demand.

Outstanding Q3 FY26 Performance

The company's third quarter results showcase remarkable growth across all key metrics. Sales area expanded 59% year-on-year to 2,62,975 sq. ft., while collections registered impressive 99% growth. The stellar performance was primarily driven by the blockbuster launch of Ajmera Solis at Vikhroli, Mumbai, where Phase 1 witnessed exceptional market response with 84% inventory absorption post-launch.

Record Nine-Month Achievement

For the nine-month period ending December 31, 2025, Ajmera Realty recorded its highest ever sales performance. The company achieved sales of ₹1,431 crores, marking 72% year-on-year growth, with sales volume reaching 5,55,991 sq. ft., up 36% compared to the previous year. Collections for the period stood at ₹787 crores, representing 70% growth year-on-year.

Strategic Launch Success

The launch of Ajmera Solis at Vikhroli emerged as a key performance driver during the quarter. The project, featuring well-configured 1, 2, and 3 BHK homes with prime connectivity, resonated strongly with buyers seeking value. The success validates the company's asset-light strategy and capability to expand into new micro-markets while leveraging the reliability of the Ajmera brand.

Management Outlook

Mr. Dhaval Ajmera, Director - Corporate Affairs, highlighted the company's strong trajectory, noting that the robust performance has strengthened their position to outperform the yearly guidance of ₹1,600 crores. Having already secured ₹1,431 crores in sales, the company has exceeded its required run-rate for the fiscal year. The management emphasized their focus on aggressive fast-tracking of upcoming launches, capitalizing on strategic business development opportunities, and ensuring faster project execution while continuing balance sheet deleveraging.

Current Project Portfolio

Ajmera Realty maintains a diversified portfolio across key markets. In Mumbai, the company operates projects including Ajmera Manhattan 3A3B & 4A4B, Ajmera Greenfinity, Ajmera Vihara, Thirty 3.15, Ajmera Solis, and Ajmera Eden. The Bengaluru portfolio includes Ajmera Iris and Ajmera Marina. The company focuses on premium developments in luxury and mid-luxury residential segments, with significant development potential available on its land parcel at Ajmera I-Land, Bhakti Park, Wadala and Central Mumbai.