Ajmera Realty & Infra India Limited — Updates, 04-02-2025: Press Release
Ajmera Realty & Infra India Ltd reported a robust financial performance for the nine months ending December 31, 2024. Revenue surged 27% YoY to INR 599 crore, with a notable EBITDA growth of 42% to INR 200 crore, leading to an improved EBITDA margin of 33%. PAT increased by 37% YoY to INR 102 crore, reflecting a PAT margin of 17%. Sales value grew 14% to INR 830 crore, while collections rose by 25% to INR 464 crore, attributed to accelerated project execution.
Debt has been effectively managed, reduced by 14% to INR 693 crore, showcasing a favorable debt-to-equity ratio of 0.57. Additionally, the company has successfully added projects valued at INR 2,450 crore. Looking ahead, Ajmera Realty is set to launch six new projects with a gross development value of INR 4,300 crore, signaling a positive growth trajectory and reinforcing its market position. Investors should watch closely for the potential for sustained growth and value creation in this strategic phase.
