Ajmera Realty Shares Jump 4.8% as Firm Reports Record Quarterly Sales in Q2FY26

Mumbai, October 8, 2025 – The shares of Ajmera Realty & Infra India Ltd (BSE: 513349 | NSE: AJMERA) soared 4.78% and reached ₹1038.05 in Wednesday trade after consolidating a bit and closing at ₹1021.80 (3.15% higher from the previous day’s closing price). The surge can be attributed to the company’s announcement of its highest-ever quarterly sales performance for the second quarter of fiscal year 2026.

Q2FY26 Operational Highlights

In Q2 FY26, the company recorded a strong operational performance, with sales value reaching ₹720 crore, a threefold year-on-year rise, driven by robust demand in premium micro-markets. Carpet area sold doubled to 2,29,772 sq. ft., up 101% YoY, while collections grew 66% YoY to ₹220 crore, reflecting improved cash flow visibility. Sequentially, sales value surged 567% QoQ, and carpet area sold rose 263%. For H1FY26, cumulative sales stood at ₹828 crore (up 48% YoY) with total sales volume of 2.93 lakh sq. ft. and collections of ₹454 crore.

Key Developments and Launches

The quarter was largely successful due to the two major projects launched: Ajmera Manhattan 4A and 4B at Wadala and Thirty 3.15 at Bandra. The combined GDV (Gross Development Value) of both projects is approximately ₹2100 crore. Around 38% of the first and 5% of the second projects were sold within the first month of the launch.

Management Commentary

According to Mr. Dhaval Ajmera, the company’s director, the second quarter marked a defining milestone for the company, as it achieved its strongest-ever quarterly performance, which was nearly 300% higher than the previous quarter. The company will continue focusing on high-quality development in premium micro markets to yield a higher ROI.

Stock Market Reaction

The stock closed at ₹1021.85 (3.15% higher from the previous day’s close. The high point of the day was ₹1080, when the company had surpassed a 6% intraday surge. The company’s stock has traded between ₹609.55 and ₹1,224.90 over the past 52 weeks, reflecting strong price momentum. It commands a market capitalization of ₹4,085.67 crore, with a free-float market cap of ₹970.13 crore, indicating substantial public shareholding. The adjusted price-to-earnings (P/E) ratio stands at 29.29, suggesting moderate valuation relative to earnings. The company remains active on the exchanges and has been listed since June 16, 2009.

Ajmera Realty & Infra India Ltd (ARIIL) is among India’s trusted real estate developers with projects across Mumbai and Bengaluru. Key ongoing developments include Ajmera Manhattan, Greenfinity, Vihara, Thirty 3.15, and Eden in Mumbai, as well as Lugaano, Florenza, Iris, and Marina in Bengaluru. The company focuses on premium residential projects and continues to expand its footprint in luxury and mid-luxury segments.

REF: https://nsearchives.nseindia.com/corporate/AJMERA_08102025111846_Intimation-sd.pdf

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