Ajmera Realty & Infra India Limited
₹132.25-₹5.25 (-3.8%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹3,588 Cr
- P/E
- 29.8x
- EV / EBITDA
- 24.2x
- Revenue
- ₹533 Cr
- Net margin
- 17.4%
- ROCE
- 10.9%
Price chart
Technical chartScreen technicals →-37.0% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- +3.8%
- 3M
- +3.8%
- 6M
- +6.2%
- 1Y
- -37.0%
- 5Y
- +92.6%
52-week range
Day change -₹5.25 (-3.8%) from ₹138 to ₹132 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in AJMERA, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 24.9%
Concerns0
Rule-based from financial data. Not advice.
About the company
Ajmera Realty & Infra India Limited, together with its subsidiaries, engages in the real estate development business in India. The company constructs and develops residential and commercial projects, including apartments, schools, retail and malls, and office spaces, as well as land development projects. It serves individual homebuyers, families, corporate clients, institutional investors, and government agencies. The company was founded in 1968 and is based in Mumbai, India. Ajmera Realty & Infra India Limited is a subsidiary of Ariil Trust.
- Sector
- Construction & Real Estate
- Shares outstanding
- 3.9 Cr shares
- ISIN
- INE298G01027
- BSE code
- 513349
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹3,588 Cr
- P/E
- 29.8x
- P/B
- 3.1x
- EV / EBITDA
- 24.2x
- EV / Sales
- 8.2x
- P/S
- 7.3x
- Earnings yield
- 3.4%
- 52-week high
- ₹215.87
- 52-week low
- ₹100.00
Profitability
- Operating margin
- 33.1%
- Net margin
- 17.4%
- EBITDA margin
- 33.9%
- ROE
- 10.9%
- ROCE
- 10.9%
- ROA
- 5.4%
- Dividend payout
- 17.0%
- Tax rate
- 25.0%
- Other income, % of PBT
- 3.5%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹533 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 9.0%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 8.6%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹166 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 43.1%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 31.8%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 24.9%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹99.0 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 90.4%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹14.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 2.1%
Solvency and efficiency
- Current ratio
- 18.08
- Debt / Equity
- 0.92
- Debt / Assets
- 0.45
- Debt / EBITDA
- 4.30
- Interest coverage
- 3.18
- Financial leverage
- 2.03
- CFO / Net profit
- 1.16
- Cash / Market cap
- 40.7%
- Cash per share
- ₹370.54
- Asset turnover
- 0.31
- Fixed asset turnover
- 69.86
- Capital intensity
- 0.01
- Debtor days
- 135 days
- Cash conversion cycle
- 135 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹21 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹334 Cr |
| Sales | Operating profit | ₹199 Cr |
| Operating profit | Interest | ₹62 Cr |
| Operating profit | Depreciation | ₹2 Cr |
| Operating profit | Profit before tax | ₹135 Cr |
| Other income | Profit before tax | ₹11 Cr |
| Profit before tax | Tax and other | ₹34 Cr |
| Profit before tax | Net profit | ₹112 Cr |
Revenue and net profit
Revenue grew 9.0% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹289 Cr | ₹24 Cr |
| FY2022 | ₹405 Cr | ₹40 Cr |
| FY2023 | ₹361 Cr | ₹71 Cr |
| FY2024 | ₹489 Cr | ₹85 Cr |
| FY2025 | ₹533 Cr | ₹112 Cr |
Cash flows
FY2025: ₹176 Cr from operations, ₹106 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹150 Cr | ₹166 Cr |
| FY2022 | -₹79 Cr | -₹77 Cr |
| FY2023 | ₹52 Cr | ₹63 Cr |
| FY2024 | ₹99 Cr | ₹73 Cr |
| FY2025 | ₹176 Cr | ₹106 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹533 Cr+9.0%1Y
- Net profit
- ₹112 Cr+31.8%1Y
- Cash from operations
- ₹176 Cr
- Free cash flow
- ₹106 Cr+45.2%1Y
- Revenue CAGR, 5Y
- 8.6%
- EBITDA CAGR, 5Y
- 9.8%
- Net profit CAGR, 5Y
- 24.9%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹533 Cr | ₹199 Cr | — | ₹112 Cr | ₹176 Cr | ₹106 Cr | 10.2% | +9.0% | +31.8% |
Monthly returns
Month-by-month returns of AJMERA across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹1,727 Cr |
| Equity capital | ₹39 Cr |
| Reserves | ₹1,057 Cr |
| Borrowings | ₹504 Cr |
| Other liabilities | ₹126 Cr |
| Assets | ₹1,727 Cr |
| Fixed assets | ₹8 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹161 Cr |
| Other assets | ₹1,558 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
AJMERA trades at 29.8x earnings against a peer median of 55.8x (a 47% discount).
Not shown (no positive earnings and no EV / Sales): Hemisphere Properties India Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Ajmera Realty & Infra India LimitedAJMERAthis companyP/E ↓ discount | ₹3,588 Cr | 29.8x | 3.1x | 10.9% | 24.2x |
| Hemisphere Properties India LimitedHEMIPROP | ₹3,891 Cr | — | 8.9x | -2.8% | -676.2x |
| National Standard (India) LimitedNATIONSTD | ₹3,856 Cr | 351.0x | 13.9x | 5.8% | 190.1x |
| AGI Infra LimitedAGIIL | ₹3,512 Cr | 45.7x | 10.4x | 23.2% | 41.0x |
| Marathon Nextgen Realty LtdMARATHON | ₹3,371 Cr | 18.9x | 1.6x | 14.2% | 14.8x |
| ENVIRO INFRA ENGINEERS LIMITEDEIEL | ₹3,318 Cr | 17.2x | 3.1x | 38.4% | 19.0x |
| Awfis Space Solutions LimitedAWFIS | ₹3,289 Cr | 67.4x | 6.7x | 19.1% | 15.8x |
| Kolte-Patil Developers LtdKOLTEPATIL | ₹3,255 Cr | 83.0x | 2.7x | -9.3% | -157.3x |
| Hubtown LimitedHUBTOWN | ₹3,201 Cr | 28.3x | 1.1x | 0.4% | 58.9x |
| Peer median | — | 55.8x | 3.7x | 6.8% | 32.9x |
Year-to-date ROI
AJMERA since 1 January, against earlier years.
Historical volatility
AJMERA's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 28.0% |
| FY2022 | 25.0% |
| FY2023 | 31.0% |
| FY2024 | 33.0% |
| FY2025 | 37.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹533 Cr |
| Costs | |
| Interest | ₹62 Cr |
| Expenses | ₹334 Cr |
| Operating profitOperating Profit | ₹199 Cr |
| Other income and charges | |
| Profit before tax | ₹146 Cr |
| Tax | |
| Net profitNet Profit | ₹112 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹1,727 Cr |
| Equity capitalEquity Capital | ₹39 Cr |
| Reserves | ₹1,057 Cr |
| Borrowings | ₹504 Cr |
| Other liabilitiesOther Liabilities | ₹126 Cr |
| AssetsTotal Assets | ₹1,727 Cr |
| Fixed assetsFixed Assets | ₹8 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹161 Cr |
| Other assetsOther Assets | ₹1,558 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹176 Cr |
| Investing cash flowCash from Investing Activity | -₹70 Cr |
| Financing cash flowCash from Financing Activity | -₹93 Cr |
| Change in cashNet Cash Flow | ₹14 Cr |
Learn while you research
Academy chapters picked for Ajmera Realty & Infra India Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read