Ajmera Realty & Infra India Limited Shows Strong Growth in Q1 FY25: Sales Surge and Project Momentum
Team FS
08/Jul/2024

Key Points:
1. Ajmera Realty & Infra India Limited records a 36% year-on-year growth in sales value, reaching ₹306 crore in Q1 FY25.
2. Key projects like Ajmera Vihara and Ajmera Greenfinity AB contribute significantly to sales growth with strong buyer interest.
3. The company anticipates positive momentum with a pipeline of seven new projects valued at ₹4,300 crore.
Ajmera Realty & Infra India Limited has reported impressive performance in the first quarter of fiscal year 2025, showcasing substantial growth across key operational metrics.
Strong Sales Performance Drives Revenue Surge
The company's sales value surged to ₹306 crore, marking a notable 36% increase compared to the same period last year. This growth was fueled by robust sales across its prominent projects, including Ajmera Vihara in Bhandup and Ajmera Greenfinity AB, which collectively contributed to enhancing the company's revenue streams.
Key Projects Fuel Growth and Market Presence
The launch of Ajmera Vihara witnessed a strong uptake, with 27% of its inventory sold upon launch, highlighting strong market demand and customer interest in premium residential offerings. Similarly, Ajmera Greenfinity AB maintained a steady sales momentum, achieving 38% sales of its inventory within a short span post-launch. Projects like Ajmera Manhattan and Ajmera Prive continued to attract significant attention from homebuyers, underscoring the company's strategic positioning in the luxury and mid-luxury residential segments in Mumbai.
Despite a slight decline in the carpet area sold year-on-year, the quarter-on-quarter comparison reveals a promising 16% increase, signaling ongoing market traction and customer engagement. Collections, although down from the previous quarter, remained robust with a 49% increase year-on-year, reflecting efficient project execution and customer payment timelines.
Outlook and Future Prospects
Looking forward, Ajmera Realty & Infra India Limited remains optimistic about its future prospects, driven by a substantial pipeline of seven upcoming projects with an estimated Gross Development Value (GDV) of approximately ₹4,300 crore. These projects are expected to further strengthen the company's market presence and revenue generation capabilities in the evolving real estate landscape of India.
The sector outlook remains positive, supported by regulatory enhancements such as the new MahaRERA regulations aimed at bolstering transparency and accountability. These developments are anticipated to benefit established players like Ajmera Realty & Infra India Limited, positioning them favorably amidst a competitive market environment.
In conclusion, Ajmera Realty & Infra India Limited's strong performance in Q1 FY25 underscores its resilience and strategic foresight in navigating the dynamic real estate market. With a robust project portfolio and a clear growth trajectory, the company continues to uphold its commitment to delivering quality residential spaces and maximizing shareholder value in the years ahead.
Also Read : KPI Green Energy Surges on Signing 50MW Solar-Wind Hybrid Power Project Deal with GUVNL
Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst & Finance Saathi Telegram Channel for Regular Share Market, News & IPO Updates
Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX & Upstox.