Financial Performance Highlights (FY26)
Ajmera Realty delivered exceptional financial performance in FY26 with 48% revenue growth to ₹10,903.52 crore (consolidated) from ₹7,379.55 crore in FY25. Profit After Tax reached ₹1,497.91 crore (₹1,259.42 crore in FY25), while Standalone PAT stood at ₹1,270.92 crore. The company achieved record pre-sales of ₹1,701 crore (57% YoY growth) and collections of ₹1,103 crore (71% YoY growth). Key financial ratios showed improvement with ROCE at 13.54% (up from 12.14%) and debt-to-equity ratio reduced to 0.53x (below guidance of 0.85x).
AGM and Corporate Actions
The company will hold its 39th Annual General Meeting on September 23, 2026, through video conferencing. Key agenda items include:
- Adoption of audited standalone and consolidated financial statements
- Declaration of final dividend of ₹1 per equity share (50% of face value ₹2)
- Reappointment of Mr. Manoj I. Ajmera and Mr. Sanjay C. Ajmera as Managing Directors
- Revision in remuneration of Chairman & Managing Director Mr. Rajnikant S. Ajmera
- Appointment of Mr. Dhaval R. Ajmera as Director-Corporate Affairs
The company executed a 1:5 stock split in December 2025, subdividing shares from ₹10 to ₹2 face value, increasing authorized share capital to ₹150 crore divided into 75 crore equity shares.
Strategic Projects and Development Pipeline
Ajmera Realty has significant growth pipelines including:
- Wadala Development with ₹17,841 crore GDV potential over next 4 years, including boutique office project (₹7,261 crore GDV)
- 55-acre Kanjurmarg land parcel with 71.7 lakh sq. ft. development potential and estimated ₹22,618 crore GDV over 9 years
- FY27 launch pipeline of ₹6,508 crore GDV across 37.68 lakh sq. ft. in Mumbai and Pune
Operational and ESG Performance
The company maintained zero safety incidents and achieved 100% employee performance reviews. ESG metrics include:
- GHG Emissions: 20,630.92 MT CO2 equivalent
- Water Consumption: 18,83,389.43 kiloliters
- CSR Expenditure: ₹2.07 crore spent in FY26
- Employee Strength: 417 employees with 19.42% women representation
Audit and Regulatory Compliance
Auditors V Parekh & Associates issued unmodified opinions on both standalone and consolidated financial statements with clean internal controls assessment. The company maintained full compliance with SEBI regulations, RERA requirements, and all statutory filings. No material issues were identified regarding crypto dealings, wilful default, or struck-off vendor relationships.
Capital Structure and Commitments
Capital commitments surged 161% to ₹69,994.03 lakhs, reflecting aggressive expansion plans. The company maintains CRISIL A-/Stable credit rating for its ₹500 crore borrowing program. During FY25, a land parcel worth ₹2,257 lakhs was transferred to wholly-owned subsidiary Radha Raman Dev Ventures Private Limited as part of a demerger arrangement.
Corporate Governance
The Board comprises 6 directors with 50% independent directors and 33.33% women representation. Five board meetings were held in FY26 with 96.67% average attendance. Key committees include Audit, Nomination and Remuneration, Stakeholders' Relationship, Risk Management, and CSR committees functioning effectively.
The Integrated Annual Report 2025-26 is available on the company's website www.ajmera.com and has been sent to members through electronic mode.