AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Press Release / Media Release 9 Oct - Ajmera Realty reported Q2FY27 sales of INR 224 crore and collections of INR 190 crore; H1 sales INR 370 crore.
Source: Bse
Ajmera Realty & Infra India Limited (AJMERA)
Small CapReal Estate stocks · Small cap · NSE
Ajmera Realty & Infra India Limited operates in Real Estate Development, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result04 Aug, 08:06 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Real Estate P/E 22.2 (n=72)
Technical timing lens
Trend score and candlestick chart
52NeutralSMA20 +2.6% / mo · MACD + · sector -6.4pp vs Nifty 500 (3M)
Stock trend: 57
Sector RS: 44
Sector 3M: -12.0% vs Nifty 500 -5.6%
Real Estate FPI tailwindBuilding
Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence
Technical chart
AJMERAD candles · FIT view+2.1%Latest close ₹127.48 on 2026-10-19
Bar
-1.9%
RSI
67
MACD hist
1.17
52W pos
24%
2026-10-19O ₹130.00H ₹132.84L ₹125.90C ₹127.48Vol 3.6L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
AJMERANifty RealtyNifty 500
- AJMERA
- -1.9%
- Nifty 500
- -5.6%
- Nifty Realty
- -11.0%
- Vs Nifty 500
- +3.7 pp
Chart stats
19 Oct 2026- From 52W high
- -42.4%
- 52W range position
- 24%
- ATR (14)
- 3.8%
- Volume vs 20D
- 1.05x
- Avg traded value
- ₹4.2 Cr
- 20D price channel
- ₹113.6 - ₹132.8
₹221.4
₹98 - ₹221.4
₹4.8
Latest completed session
20-session average
28.2% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE59
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Average42
Revenue +22.9% · PAT +15.4% YoY
Technical
Neutral52
Price trend and sector-relative-strength timing.
Valuation
Legacy model+51.3%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence73
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Average · 42/100margin compression · Rev +23% YoY · PAT +15% YoY
Filed 04 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹317 Cr | +22.9% | -26.4% |
| EBITDA | ₹91 Cr | +16.7% | -15.0% |
| Operating margin | 29.0% | -100 bps | +400 bps |
| PAT | ₹45 Cr | +15.4% | -23.7% |
| PAT margin | 14.2% | -92 bps | +51 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 14.90
- P/B
- 1.65
- EV/EBITDA
- 9.53
- Market Cap
- 2301.00Cr
Profitability
- ROE
- 11.50%
- ROCE
- 14.30%
- ROA
- 6.28%
- Dividend Y
- 0.86%
Growth (CAGR)
- Revenue 5Y
- 26.00%
- EPS 5Y
- 38.00%
- Revenue 3Y
- 36.00%
- EPS 3Y
- 28.00%
Balance Sheet
- Debt/Equity
- 0.51
- Interest Coverage
- 3.75×
- Altman Z
- 2.92
- Book Value
- 71.10
Cash Flow
- FCF Yield
- 0.91%
- FCF Positive Y
- 6/5
- OCF
- 69.00 Cr
- EPS TTM
- 7.86
Shareholding
- Promoter Hold
- 68.56%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 15%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 317-26.5% vs prev
Net Profit
₹ CrLatest: 45.0-23.7% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bullish setupTrend is constructive — long-term trend down. RSI 67.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 rising (~2.6% over last month) — short-term momentum positive.
- RSI(14) at 67 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 42% off 52W high · 30% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation & peers
U-Score 59 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 59 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Growth at Value
Fundamental score breakdown
U band · FAIR VALUEValuation14/30
Growth24/25
Quality5/20
Balance Sheet6/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
1
Raw sum
59
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
59/100 · legacy band FAIR VALUE
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 51.3%.
- Growth contributes 24/25 to the score.
Main drags
- Quality is weaker at 5/20; verify the latest quarterly trend.
- Balance sheet is weaker at 6/15; verify the latest quarterly trend.
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
14.9
PB
1.6
EV/EBITDA
9.5
ROE
11.5%
ROCE
14.3%
FCF Yield
0.9%
Debt/Equity
0.5
MoS
+51.3%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
59
Previous: 60 (-1)
Legacy U-Score band
FAIR VALUE
Previous: UNDERVALUED
Margin of safety
+51.3%
Previous: +51.3%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
61
61
61
61
61
61
61
60
60
60
60
60
Factor attribution
Valuation
14-1
was 15
Modelled fair value
Graham Number
₹112.13
-13.7% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹261.74
+51.3% MoS
PEG
0.44
Comparable companies
Peers
Business-comparable peers in Real Estate — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
MARATHON
Small
Marathon Nextgen Realty Limited
Real Estate
match 179
64
13.2
4.7%
+60%
UNDERVALUED
RAMKY
Small
Ramky Infrastructure Limited
Real Estate
match 178
66
10.4
11.1%
+77%
UNDERVALUED
SPMLINFRA
Small
SPML Infra Limited
Real Estate
match 175
54
15.8
8.3%
+59%
FAIR VALUE
SIMPLEXINF
Small
Simplex Infrastructures Limited
Real Estate
match 175
18
43.7
5.1%
-49%
OVERVALUED
ARIHANT
Small
Arihant Foundations & Housing Limited
Real Estate
match 174
67
14.2
17.1%
+59%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Ajmera Realty & Infra India Limited operates in Real Estate Development, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
73Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 72nd percentile of the scored universe and 88th percentile within Real Estate. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
98 docs text-extracted · 40 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
72nd percentile
overall median 67 · Real Estate: 88th pctile, median 61 · Small: 75th pctile, median 66
Evidence depth
Financial-only
98 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
65
acceptable · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
67
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 68.6%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 0.9%.
- ▸6 years of positive FCF.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Ajmera Realty & Infra India Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Raising of Funds 10 Sep - Board approved NCDs/bonds issuance up to Rs. 500 crore on September 10, 2026, subject to shareholder approval.
Source: Bse
Annual reportSep 2026
Sep 2026 · Letters To Members 28 Aug - AGM scheduled for 23 September 2026; annual report web-link shared and KYC update requested.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 18 Sep - Intimation of Schedule of Analyst/Institutional Investor Meeting under the SEBI (LODR) Regulations, 2015.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Acquisition 1 Sep - SYRPL invested Rs 51,000 for 51% in Ajmera MD Realty LLP; LLP becomes step-down subsidiary.
Source: Bse
Concall transcriptAug 2026
Aug 2026 · Transcript
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 Aug - Intimation of Schedule of Analyst/Institutional Investor Meeting under the SEBI (LODR) Regulations, 2015.
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 5 Aug - CRISIL reaffirmed Ajmera Realty’s A-/Stable corporate and bank loan ratings for Rs500 crore facilities.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 Aug - Intimation of Schedule of Analyst/Institutional Investor Meeting under the SEBI (LODR) Regulations, 2015.
Source: Bse
AnnouncementJul 2026
Jul 2026 · Announcement under Regulation 30 (LODR)-Diversification / Disinvestment 10 Jul - Ajmera Realty sells 36% stake in Ultra Tech Property Developers for Rs 1.73 crore on 10 July 2026.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.