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Ajmera Realty & Infra India Ltd posted strong financial results for Q3 and 9M FY25, with revenue rising 27% to INR 599 crore. EBITDA surged 42% to INR 200 crore, while net profit climbed 37% to INR 102 crore. The company reduced debt by 14%, improving its debt-to-equity ratio to 0.57. Sales value reached INR 830 crore, up 14%, driven by strong demand. Despite falling short of project addition targets, upcoming launches with a GDV of INR 4,300 crore signal future growth. Ajmera Realty remains focused on financial stability and market expansion for sustained success.
Ajmera Realty & Infra India Ltd has released its financial results for the third quarter and the first nine months of the fiscal year 2025, ending December 31, 2024. The company has shown significant growth in various financial metrics, reflecting its effective business strategies and market position. Advertisement
For the nine-month period, Ajmera Realty reported a 27% increase in revenue, reaching INR 599 crore, up from INR 474 crore in the same period last year. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw a notable rise of 42%, amounting to INR 200 crore compared to INR 140 crore in 9M FY24. This growth resulted in an improved EBITDA margin of 33%, up from the previous year.
The net profit after tax (PAT) for Ajmera Realty increased by 37%, climbing to INR 102 crore from INR 74 crore in the prior year. This resulted in a PAT margin of 17%, reflecting a solid performance in managing costs and expenses. The company's sales value also grew by 14%, reaching INR 830 crore, driven by increased demand and effective project execution.
A key highlight of the report is the 25% increase in collections, which reached INR 464 crore, compared to INR 373 crore in the same period last year. This improvement is attributed to the company's focus on faster project execution and enhanced customer engagement.
In addition to revenue growth, Ajmera Realty has made strides in strengthening its balance sheet. The company reduced its outstanding debt by 14%, bringing it down to INR 693 crore from INR 780 crore as of March 31, 2024. This reduction has improved the debt-to-equity ratio to 0.57, demonstrating a healthier financial position.
The company has also been active in expanding its project portfolio, adding projects worth INR 2,450 crore during the nine-month period, although this fell short of its guidance of INR 3,500 crore. The new projects are expected to contribute significantly to future growth, with six upcoming launches planned, projected to have a gross development value (GDV) of INR 4,300 crore.
Dhaval Ajmera, Director of Ajmera Realty, expressed optimism about the company's future. He noted that the positive response to new project launches has strengthened their confidence in upcoming developments. The company's strategic initiatives and focus on reducing debt are expected to drive sustainable growth and enhance long-term value for stakeholders.
Ajmera Realty continues to focus on its legacy markets, where it aims to leverage its established presence to capture further opportunities. The company's proactive approach in managing finances and expanding its project base positions it well for future success in the competitive real estate sector.
In conclusion, Ajmera Realty & Infra India Ltd's impressive financial results for Q3 FY25 reflect its commitment to growth and operational efficiency. As the company prepares for upcoming project launches, it remains focused on maintaining its market leadership and delivering value to its investors and customers.
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