Ajmera Realty & Infra India has reported a remarkable performance for the fourth quarter of fiscal year 2026, with its shares rising by 9.99% to close at Rs 131.55. The company announced a consolidated net profit of Rs 58.5 crore, reflecting a substantial increase of 141% compared to the same period last year. This impressive profit surge is paired with an extraordinary 184.78% rise in total revenue, which reached Rs 431.13 crore in Q4 FY26. Additionally, the company's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw a year-on-year increase of 141%, amounting to Rs 109.6 crore. Despite this robust performance, the EBITDA margin experienced a slight decline, settling at 25% in Q4 FY26, down from 30% in the previous year. Profit before tax for the quarter stood at Rs 86.9 crore, a notable increase of 163% from Rs 33 crore in Q4 FY25.
However, the total carpet area sold during this quarter was recorded at 104,742 square feet, representing a 44% decline year-on-year. Nonetheless, the company achieved a sales value of Rs 270 crore, reflecting an 8% increase compared to the previous year, while collections rose significantly by 74% year-on-year to Rs 316 crore. Dhaval Ajmera, the director of Ajmera Realty & Infra India, commented on the company’s transformative journey over the past five years. He highlighted a staggering 5.1 times increase in net profit since FY21, alongside a 3.1 times surge in revenue and a 3.0 times growth in EBITDA, all achieved with stringent financial discipline, resulting in a reduced Debt-to-Equity ratio from 1.13x in FY21 to a resilient 0.53x.
FY26 has emerged as a landmark period for Ajmera Realty, characterized by operational excellence and effective execution of growth strategies. The company surpassed its annual sales guidance, achieving pre-sales of Rs 1,701 crore—a 57% increase compared to the previous year. This growth was primarily driven by a robust market response to new launches, which accounted for approximately 82% of total sales value. Additionally, a focus on high-quality receivables led to a 71% year-on-year growth in collections, establishing a new operational benchmark at Rs 1,103 crore. The company's revenue grew by 46% to Rs 1,098 crore year-on-year, while EBITDA and profit after tax (PAT) increased by 25% and 24%, respectively.
Looking ahead, Ajmera Realty is poised for continued growth, having strategically added five asset-light projects with an estimated Gross Development Value (GDV) of Rs 2,433 crore. Despite the high base set in FY26, the company aims for ambitious pre-sales targets in FY27. This forward-looking approach, coupled with a disciplined capital structure and improved collection efficiency—now at 65% compared to 60% in FY25—positions Ajmera Realty well for sustainable expansion while maintaining financial prudence. The company is optimistic about leveraging this momentum to ensure a strong performance in the upcoming financial year.