During the June quarter, the sales growth was driven by the implementation of a revamped sales strategy for its projects in Bangalore. Additionally, the successful launch sales of Ajmera Eden that commenced last month, recording 14$ of its sales potential, contributed significantly to the sales grow…

Ajmera Realty & Infra Q1 sales Rs 225 cr, down 44% on year, up 60% sequentially

Shares of Ajmera Realty and Infra India jumped 5 per cent to Rs 379 on Thursday as the smallcap realty company was commanding a total market capitalization of more than Rs 1,300 crore.

Ajmera Realty shares climb 5% after strong Q1 updates

Ajmera Realty & Infra India Ltd on Thursday reported a 44 per cent decline in its sales bookings to Rs 225 crore in the first quarter of this fiscal year.

Ajmera Realty & Infra India Q1 sales bookings down 44 pc to Rs 225 crore

In the June quarter iAjmera Realty’s sales were driven by ‘Ajmera Eden,’ while it also implemented a new sales strategy for its projects in Bengaluru.

Ajmera Realty’s June quarter pre-sales fall 44 per cent YoY, collections down 47 per cent

The company argued that year-on-year comparisons are not comparable due to a massive sales launch including Manhattan (a project in Wadala) last year.

Ajmera Realty zooms 4% on strong QoQ sales growth

Ajmera Realty Standalone March 2023 Net Sales at Rs 97.09 crore, down 27.62% Y-o-Y

Ajmera Realty & Infra India Q4 Results: However, for the full year, total income fell to Rs 440.63 crore in FY23 from Rs 489.11 crore in FY22

Ajmera Realty & Infra profit up 7.9% in Q4FY23, income down 36.7%

Total income declined to Rs 117.80 crore during the January-March quarter of 2022-23 fiscal year from Rs 183.62 crore a year ago, Mumbai-based real estate developer said in a regulatory filing.

Ajmera Realty & Infra Q4 net profit rises 8% to 15 crore

Ajmera Realty & Infra India Ltd on Thursday reported an 8 per cent increase in its consolidated net profit at Rs 15.11 crore for the quarter ended March 2023.

Ajmera Realty & Infra Q4 net profit rises 8 pc to 15 crore

Launching 4 more projects with revenue potential of Rs 2,000 cr, says Dhaval Ajmera, Director, Ajmera Realty & Infra India. Tells Ekta Batra & Mangalam Maloo that they are expecting a few more redevelopment projects in the western suburbs of Mumbai. Listen in.

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Ajmera Realty's Dhaval Ajmera On Q4 Earnings & Outlook For FY24 | Halftime Report | CNBC-TV18

Ajmera Realty posted revenue from operations at Rs 114.25 crore, down 36.7 per cent from Rs 180.51 crore in Q4FY22.

Ajmera Realty Q4FY23 profit up 7.9% at Rs 15.11 crore, revenue falls 36.7% on-year | The Financial Express

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Ajmera Realty & Infra India Limited is engaged in real estate activities. The Company's segments include Construction and Renewable Energy.