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Ajmera Realty & Infra India Ltd share Price Today

Company details

696.05
730.00
326.35
887.45
6M Return 48.34%
1Y Return 84.47%
Mkt Cap.(Cr) 2,491.05
Volume 56,431
Div Yield 0.55%
OI
-
OI Chg %
-
Volume 56,431

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Ajmera Realty & Infra India announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Sales Value grew by an impressive twofold in Q4FY24, surging to Rs 287 crore from Rs 140 crore in Q4FY23.
  • Collections remained robust in Q4FY24 with a 91% YoY growth, surging to Rs 197 crore from Rs 103 crore in Q4FY23.
  • Total Revenue in Q4FY24 grew by 99% on YoY basis to Rs 234 crore from Rs 118 crore in Q4FY23.
  • PAT in Q4FY24 grew by 90% on a YoY basis to Rs 29 crore as compared to Rs 15 crore in Q4FY23.
  • Debt-equity ratio being 0.90:1 as against 0.94:1 as at Q3FY24 & 1.00:1 at the end of the Q4FY23.

FY24 Financial Highlights:

  • For FY24, Sales Value was Rs 1,017 crore, recording a 21% YoY growth.
  • FY24 collections surged to Rs 197 crore from Rs 103 crore in FY23, marking a robust 91% YoY growth.
  • Total Revenue in FY24 recorded a YoY growth of 61% to Rs 708 crore from Rs 441 crore in FY23.
  • FY24 PAT grew by 44% YoY basis to Rs 103 crore from Rs 72 crore in FY23.

Commenting on the Q4 & FY24 performance, Dhaval Ajmera, Director – Ajmera Realty & Infra India said: “I’m pleased to announce that FY24 marked a structural shift in our company’s illustrious history, with many major milestones being achieved. Ajmera Realty recorded its robust annual topline of Rs 700 crore and a bottomline of Rs 100 crore. The pre-sales for the company clocked over Rs 1,000 crore which is remarkable despite the higher base effect. Looking ahead, we are more confident than ever of achieving our strategic vision of 5x growth, considering our exceptionally strong pipeline of launches, project additions, managing leverage despite growth momentum; we hereby are taking a leap ahead with our guidance for FY25E with a 33% growth in Pre-Sales.”

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Ajmera Realty & Infra India Ltd shares SWOT Analysis

Strengths (13)

  • Rising Net Cash Flow and Cash from Operating activity
  • Company with high TTM EPS Growth
  • Growth stocks, promoters increasing shareholding

Weakness (1)

  • Negative Breakdown First Support (LTP < S1)

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 745.5
R2 759.8
R3 774.5
Pivot

730.75

S1 716.5
S2 701.8
S3 687.5
EMA SMA
725.7
722.1
699.9
625.3
718.6
717.5
738.2
604.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
QUEST INVESTMENT ADVISORS PRIVATE LIMITED - PMS Bulk Purchase 2023-12-19 424.98 301207 NSE
QUEST INVESTMENT ADVISORS PRIVATE LIMITED - PMS MULTI Bulk Purchase 2023-12-19 425 200236 NSE
FAHRENHEIT FUN AND GAMES PRIVATE LIMITED Bulk Sell 2023-12-19 425 700100 NSE
Name Category Shares
AARIIL TRUST represented by Shashikant S. Ajmera, Rajnikant S. Ajmera, Manoj I. Ajmera, Trustee PROMOTER 59.36%
CHHOTALAL S AJMERA PROMOTER 6.29%
ISHWARLAL S AJMERA HUF . PROMOTER 1.25%
CHARMI PARAS PAREKH PROMOTER 0.7%
HENALI JAYANT AJMERA PROMOTER 0.69%
BHANUMATI C AJMERA PROMOTER 0.58%
FAHRENHEIT FUN AND GAMES PRIVATE LIMITED PROMOTER 4.35%
RUSHABH INVESTMENT PRIVATE LIMITED PROMOTER 0.85%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
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Ajmera Realty & Infra India Ltd Stocks COMPARISON

Financials( in Cr) Ajmera Realty & Infra India Ltd DLF Ltd Godrej Properties Ltd Prestige Estates Projects Ltd Phoenix Mills Ltd
Price 702.00 816.40 3,245.75 1,787.50 3,961.85
% Change -6.70 -2.43 -2.06 0.04 -0.90
Mcap Cr 2,491.05 202,084.47 90,245.16 71,654.08 70,797.07
Revenue TTM Cr 431.10 6,427.00 3,035.62 8,315.00 2,638.35
Net Profit TTM Cr 71.59 1,630.42 747.06 1,066.80 1,472.50
PE TTM 25.19 77.95 143.35 51.30 66.73
1 Year Return 84.47 62.78 106.25 202.81 151.13
ROCE 7.43 5.70 6.33 10.43 11.89
ROE 9.65 4.23 7.76 8.57 12.60
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 773.67 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 18,657.67 50,536.31
LAST 3M 100,816.35 52,758.00
LAST 6M 183,679.85 45,520.24
LAST 12M 311,925.41 84,454.62
Ajmera Realty & Infra India Limited - Copy of Newspaper Publication

Jul 18, 2024 l NSE Announcement

Ajmera Realty & Infra India Limited - Updates

Jul 16, 2024 l NSE Announcement

Date Action Type Ratio
Aug 02, 2024 Dividend 40
Aug 04, 2023 Dividend 30
Aug 11, 2022 Dividend 22.5

Ajmera Realty & Infra India Ltd Information

Stock PE (TTM)
25.19
Promoter Holding
74.2%
Book Value
243.9938
ROCE
7.43%
ROE
9.65%
Description
  • Ajmera Realty & Infra India Ltd (Formerly known Shree Precoated Steels Limited) was incorporated on March 18, 1985. The Company is the leading player in Real Estate business. Shri C S Ajmera and Associates took over the Company on 6th October, 1986. Plant of the company built on a land size of 250,000 sq. mtrs at Sanaswadi near Pune and is located about 100kms from JNPT Port and 165 kms from Mumbai, the central hub of Industrial and Financial activities of India. METACOLOR Plant installed in technical collaboration with Cockerill Mechanical Industries (CMI), Europe. METAGALVA steel sheets manufactured in a state-of-the-art plant employing mini spangle equipment from U.S.A. METACOR is cold rolled in a modern and highly advanced computerized Cold Rolling Mill where strip shape, dimensions and tolerances are closely and continuously monitored. The Company has changed their Collaborator from Hunter Engineering, USA to Cockerill Mechanical Industries, Belgium during the year 1985, due to the availability of better terms and conditions, better technology, superior equipment and product mix. Ajmera came out with a public issue in March of the year 1992 to part-finance of the various projects of the company. During the year 1994-95, the company implemented a backward integration programme of 1.20 lack tonnes of cold-rolled coils and 1 lack tonnes of galvanised plain / corrugated sheets at an estimated cost of Rs 153 cr. The Company also added additional trapezoidal profiles to offer value-added products for the niche market. A year after, the company successfully erected and commissioned galvanising line. During the same year of 1995-96, the company was also appointed as authorised Builder in India for Butler Manufacturing Company USA to sell their Pre-Engineered Metal Building System. In the year 1997-98, the company installed Galvanising line G P coils with capacity of 1,20,000 MT and GP/Aluminium Colour Coated Trap Sheets with capacity of 7435 MT. The Company awarded ISO 9001 certificate for manufacturing GI and Aluminium Colour Coated Sheets in the year of 1998-99. The company has registered with the Board for Industrial & Financial Reconstruction (BIFR) and has been declared as a sick industrial company in 3rd March of the year 2000 and has appointed ICICI as an operating agency. The Rehabilitation Scheme had been sanctioned by the BIFR in 13th November 2002. Ajmera had been discharged from the purview of the Sick Industries companies in 4th November of the year 2004. During the year 2004-05, the company commissioned the Hydrochloric Acid Pickling Line, which provide total recovery of used acid with least HCL PPM escape and the purest iron oxide (byproduct) recovery unit for quality export of high value iron oxide. During the year 2005-06, the company has entered into technology transfer agreement with M/S Thyssen Kruppof Germany in the areas of operating practices of complete CRM complex and quality control measures. As well as the production know how of Aluminum-Zinc coating on the existing setup. The company established the first time in the world, the near-infra red curing process and Revolving Thermal Oxidation process for Colour Coating Technology in CCL-II line in May of the year 2006. The next generation technology, Second Colour Coating Line was successfully commenced in the year 2006. A landmark amalgamation of Anik Development Corporation Pvt Ltd (ADCPL) with the company was completed, all the assets and liabilities of ADCPL has been transferred to the company with effect from 20th December of the year 2006. During the year 2006-07, the company to raise its stature to be bracketed in one of the leading builders of Maharashtra State and its successful operation s in Karnataka State and Joint Venture in Bahrain has consolidated and ushered it to higher levels of growth in real estate business. As at May 5th of the year 2008, the company changed its name from Shree Precoated Steels Ltd to Ajmera Realty & Infra India Limited. The Company plans to sell 10% - 15% of its stake to a private equity fund in order to rise about INR 7 billion. Ajmera has been certified by Det Norske Veritas (DNV certification B.V of the Netherlands) for its environmental management system (EMS) under the international ISO 14001:1996 standard. The Steel Division of the Company stands vested with Ajmera Precoated Steels Limited (now called as Shree Precoated Steels Limited) pursuant to the Order of Hon`ble High Court, Bombay dated March 21, 2009, which was effective from April 17, 2009 and appointed date for the Scheme was April 1, 2008. The Company acquired Ajmera Estate (Karnataka) Private Limited (AEKPL), as a 100% subsidiary, which in turn acquired 90% interest in the partnership firm `Ajmera Housing Corporation - Bangalore` (AHC). It commenced Ajmera Zeon project comprising of 15 Lakhs sq.ft. of area in Mumbai in 2012. During 2011-12, the Company acquired 100% stake in the Ajmera Biofuel Limited. The said subsidiary acquired 49% stake in Comet Power Private Limited (CPPL) which has the one of the best performed Solar Power Plant. The CPPL commenced operation for 5.75 MW solar power project at Rajasthan. The commercial production commenced from November,2011 and reached optimum production in the month of January,2012. The Company invested in 90 % stake of Laudable Infrastructure LLP. Further the Company has associated with V.M.Procon Private Limited (the JVC),by acquiring 50% of Equity shares and the rest is held by Sheetal Infrastructure Private Limited. It launched HIEND Residential project "Enigma-Fragrance of life" at Ahmadabad on 28th May,2011. During 2013-14, the Company commenced Ajmera Zeon project comprising of 5.32 Lacs Sq. ft of area at Wadala, Mumbai and also declared project named "Treon" at Wadala comprising approx 5.32 Lacs q. ft of area. It acquired 100% stake in the Ajmera Realty Ventures Private Limited and as a result, the said subsidiary has acquired 50% stake in Sumedha Spacelinks LLP in partnership with Sheetal Infrastructure Private Limited. It launched three prime projects Aeon, Zeon & Treon at i-LAND, Wadala. As on 1st April,2014 , Company acquired 100% stake in the Ajmera Realcon Private Limited and resultant, the said subsidiary acquired 50% stake in Amisha Buildcon Pvt. Ltd. which has project in Khidkali, Thane Dist. During 2015, a wholly owned subsidiary, Ajmera Corporation UK Limited was incorporated on 17th December, 2015 to explore the real estate expansion opportunities in UK. A wholly owned subsidiary named, Radha Raman Dev Ventures Private Limited was incorporated on 5th October, 2015 to explore the real estate expansion. The Company acquired 70% stake in Ajmera Infra Development LLP, to undertake Infra Projects especially focusing on Government tenders, bidding and leading infra projects in 2017-18. The Company acquired 84.90% stake in Anirdesh Developers LLP. It invested Rs. 5 Crores in equity capital of Modulex Modular Building Private Limited during 2018-19. During 2019-20, the Company acquired 80% stake in Shree Yogi Realcon Private Limited. The Company launched Ajmera Greenfinity in March, 2021 and Ajmera Manhattan Project in April, 2022.

Registered Address

Citi Mall Link Road, Andheri (West), Mumbai, Maharashtra, 400053

Tel : 91-22-66984000
Email : investors:ajmera.com
Website : http://www.ajmera.com
Registrar

Sharex (India) Pvt. Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 513349
NSE Code : AJMERA
Book Closure Date (Month) :
BSE Group : B
ISIN : INE298G01027

FAQ’s on Ajmera Realty & Infra India Ltd Shares

You can buy Ajmera Realty & Infra India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Ajmera Realty & Infra India Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 19, 2024 03:53 PM the closing price of Ajmera Realty & Infra India Ltd was Rs.702.00.

The latest PE ratio of Ajmera Realty & Infra India Ltd as of Jul 19, 2024 03:53 PM is 25.19

The latest PB ratio of Ajmera Realty & Infra India Ltd as of Jul 19, 2024 03:53 PM is 0.33

The 52-week high of Ajmera Realty & Infra India Ltd share price is Rs. 887.45 while the 52-week low is Rs. 326.35

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 19, 2024 03:53 PM, the market cap of Ajmera Realty & Infra India Ltd stood at Rs. 2,491.05 Cr.

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