Ajmera Realty & Infra India Limited (513349) Earnings Call Transcripts

Ajmera Realty & Infra India Limited's Latest Earnings Call - Q4 FY2026

Ajmera Realty & Infra India Limited reported a strong performance for Q4 and FY '26, with total revenue reaching INR 1,098 crores, a 46% year-over-year increase. The company achieved record presales of INR 1,701 crores, exceeding its guidance of INR 1,600 crores, and collections rose 71% to an all-time high of INR 1,103 crores. Management maintained a positive outlook, setting a presales target of INR 2,200 crores for FY '27 and indicating a strategic focus on disciplined execution and financial prudence amidst ongoing geopolitical challenges.

Reported metrics

Guidance from management

Management has set a presales target of INR 2,200 crores for FY '27 and expects to maintain a debt-to-equity ratio of 1x as they pursue growth opportunities.

What management said

Well, the conversion process is on. We have already applied for the conversion. But since it's a regulatory process, it takes a little while, and there are issues which we need to resolve within the regulatory framework, which we are constantly doing, we are hoping to resolve this in the next quarter or so.

Well, we are still under process, but as a mark of line of strategy for the larger project, we are first trying to finish off the conversion regulatory process. And once that is done, probably we will try and also see if we can launch this project. While we have already started construction for the process and the regulatory work, which we had to do, that is the police housing. But for our sales momentum, we are just...

What analysts pressed on

Analysts expressed concerns regarding the impact of geopolitical tensions on consumer sentiment and the potential delays in project launches due to regulatory processes. There were questions about the timeline for converting land from leasehold to freehold, which management indicated is underway but subject to regulatory approval.

Main topics on the call

• Record Presales Performance — Ajmera Realty achieved presales of INR 1,701 crores, marking a 57% year-over-year growth and surpassing the guidance of INR 1,600 crores. Management stated, "This strong performance was driven by an overwhelming market r...
• Financial Discipline and Deleveraging — The company successfully reduced its debt-to-equity ratio from 1.13x to 0.53x, showcasing its commitment to financial discipline. CFO Nitin Bavisi noted, "We achieved a debt-equity ratio of 0.53, well below our annual gu...
• Guidance for FY '27 — Management set a presales target of INR 2,200 crores for FY '27 and indicated a robust launch pipeline valued at INR 6,324 crores. They emphasized, "We are perfectly positioned to accelerate our growth momentum and scale...
• Challenges from Geopolitical Tensions — Management acknowledged the impact of geopolitical tensions on market conditions but expressed confidence in the resilience of India's real estate sector. They stated, "India's economic fundamentals remain meaningfully s...

Read the full Ajmera Realty & Infra India Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 9 Ajmera Realty & Infra India Limited earnings call transcripts on record, spanning July 26, 2023 to August 4, 2026. Based on this history, Ajmera Realty & Infra India Limited reports semi-annually. The most recent call on file is dated August 4, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

513349

Exchange

BSE

Country

IN

Sector

Real Estate

Industry

Real Estate Management and Development

Calls on record

9

First call

July 26, 2023

Most recent

August 4, 2026

Reporting cadence

semi-annually