Shares of Ajmera Realty & Infra India Ltd slipped over 2% in early trade on Monday, July 14, after the company reported a sharp decline in its Q1 FY26 sales while posting strong growth in collections. The stock was trading at ₹884.05 on the NSE, down 2.12% or ₹19.15 from its previous close of ₹903.20.
For the quarter ended June 30, 2025, the company’s sales value dropped 65% year-on-year (YoY) to ₹108 crore. Carpet area sold also fell 52% to 63,244 sq. ft, largely attributed to delays in project launches and limited inventory. Sequentially, sales value was down 57% from Q4 FY25.
On the positive side, Ajmera’s collections rose 42% YoY to ₹234 crore and grew 29% sequentially, backed by ongoing construction progress and steady inflows from existing projects.
The management cited regulatory bottlenecks as the key reason for the decline in sales, which impacted approvals for new launches. However, the company remains optimistic about a recovery in the second half of FY26, with plans to deliver around 1,000 homes and ramp up execution across six residential projects in Mumbai and Bengaluru.
“Our Q1 results reflect both strengths and sector-wide regulatory challenges. We’re pleased with the 42% growth in collections, despite delays in launches,” said Dhaval Ajmera, Director – Corporate Affairs.
As of now, the company commands a market capitalization of ₹35.03 billion, with the stock trading in the range of ₹883.20 – ₹900.00 during the day.
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