Ajmera Realty & Infra India Limited — PPTs, 14-05-2025: Investor Presentation

1. **Financial Highlights:**

Ajmera Realty & Infra reported INR 1,080 Cr in sales value for FY25, up 6% YoY, with collections rising 13% to INR 646 Cr. Revenue grew 6% to INR 753 Cr, while EBITDA increased 18% to INR 246 Cr, lifting margins to 33%. PAT was up 22% at INR 126 Cr, with a 17% margin. The debt-to-equity ratio improved to 0.55x following a debt reduction of INR 119 Cr, supported by cash and bank balances of INR 101 Cr.

2. **Strategic Initiatives & Growth Drivers:**

The company is aggressively expanding, managing 1.5 MSF under development and a future launch pipeline of 2.2 MSF. It targets unlocking 10.6 MSF of owned land, primarily in Mumbai, with phased launches estimated to generate INR 6,457 Cr GDV. Focus on sustainable construction and green certifications aims to enhance execution quality and market appeal.

3. **Business Developments:**

Five new projects launched adding ~1 MSF carpet area contributed 40% to sales. Strong momentum continued in Mumbai and Bangalore with key projects like Ajmera Manhattan, Lugaano, Florenza, and Ajmera Prive progressing well. Expansion spans 11 locations with both residential and boutique commercial offerings.

4. **Market Position & Competitive Advantage:**

Ajmera Realty is a pioneer in township development across micro-markets like Mira Road, Andheri, Borivali, and Wadala. Its diversified portfolio across premium, luxury, and affordable segments, combined with a large owned land bank and low leverage, fosters execution efficiency, timely delivery, and cost control.

5. **Investor Implications:**

Positive growth potential is supported by steady sales, improving collections, and a robust project pipeline. Deleveraging enhances financial flexibility. Execution timelines and land monetization pace remain key factors to watch for near- to medium-term value realization.