Ajmera Realty’s revenue up 20%, presales up 48% in H1 FY26 - Accelerating towards annual guidance

 Mumbai, 6th November 2025: Ajmera Realty & Infra India Ltd. (BSE: 513349 | NSE: AJMERA), one of India’s most trusted and legacy-driven real estate developers, announced its financial results for the quarter ended 30th September 2025. 

Key Highlights for H1FY26: 

• Revenue grew 20% YoY to INR 481 Cr 

• EBITDA grew 6% YoY to INR 139 Cr 

• PAT grew 2% YoY to INR 71 Cr 

• Sales Value surged 48% YoY to INR 828 Cr, driven by strong demand across new launches

• Sales Volume grew 20% YoY to 2,93,016 sq.ft.

• Collections grew 52% YoY to INR 454 Cr, reflecting efficient execution and strong customer confidence

Commenting on the Q2 & H1FY26 performance, Mr. Dhaval Ajmera, Director - Corporate Affairs said: “The Q2 and H1FY26 performance further reinforces our focus on disciplined growth, timely execution, and prudent financial management. During the quarter, we launched two marquee projects — Ajmera Manhattan 2 and Thirty3.15 — with a combined GDV of ₹2,100 crore, both receiving an encouraging market response. Strengthened balance sheet with a healthy debt-to-equity ratio of 0.55x, supported by robust sales momentum and strong collections, resulting in a well-optimized debt structure. With a strong project pipeline of GDV of INR 4,357 Cr across seven projects and strong demand visibility, we remain focused on maintaining this growth trajectory through strategic launches, robust pipeline, operational excellence, and a balanced approach to financial prudence.

The outlook on development potential of Wadala stands robust with a lucrative line-up projected to generate a top-line sales value of over INR 12,000 Cr. During H2FY26, we plan to launch a boutique office space with estimated carpet area over ~6 lakh sq.ft  with an estimated GDV of INR 1800 Cr. Further FY27 onwards, we aim to foray into uber-luxury residential space and launch a project spreading across ~13.8 lakh sq.ft, estimated to generate a GDV of INR ~5700 Cr. Further, the next phases of Ajmera Manhattan to be developed across ~9 lakh sq.ft that will add an estimated GDV of INR ~3200 Cr.”

           Operational Highlights: Q2 & H1 FY26:

Particulars Q2 FY26 Q2 FY25 YoY Q1 FY26 QoQ H1 FY26 H1 FY25 YoY

Carpet area sold (sq. ft.) 2,29,772 1,14,046 101% 63,244 263% 2,93,016 2,44,847 20%

Sales Value (INR Cr) 720 254 184% 108 567% 828 560 48%

Collection (INR Cr) 220 133 66% 234 -6% 454 298 52%

         

           Financial Highlights: Q2 & H1 FY26:

Particulars Q2FY26 Q2FY25 YoY Q1FY26 QoQ H1FY26 H1FY25 YoY

Total Revenue 221.0 204.1 8% 259.6 -15% 480.5 400.3 20%

EBIDTA 59.9 64.5 -7% 79.3 -24% 139.2 131.3 6%

EBIDTA Margin (%) 27% 32% -450 bps 31% -344 bps 29% 33% -384 bps

PBT 42.8 46.5 -8% 57.2 -25% 100.0 89.5 12%

PBT margin (%) 19% 23% -341 bps 22% -267 bps 21% 22% -154 bps

PAT 31.2 36.3 -14% 39.4 -21% 70.7 69.0 2%

PAT margin (%) 14% 18% -363 bps 15% -106 bps 15% 17% -254 bps

EPS (in INR) 7.72 9.77 -21% 9.73 -21% 17.44 18.45 -5%