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AJMERA Diversified 14 Jan 2026

Ajmera Realty & Infra India Limited — Q3 FY26

Ajmera Realty delivered a stellar 9M FY26 with 1,431 cr in sales (+72% YoY) and 787 cr in collections (+70% YoY), driven by the blockbuster launch of Solace at Vikhroli (84% sol...

bullish high
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Revenue ₹664 Cr +11%
EBITDA ₹196 Cr
PAT ₹99 Cr
EBITDA Margin 30%
Duration 47 min
Read Time 1 min read

Financial stats pending filing verification

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

Kanjurmarg launch delays due to pending approvals

EC application not yet filed; CFO and collector approvals still in process. Launch may slip beyond Q4 FY26.

high · analyst_question
R

Slowdown in luxury sales velocity post-launch

Manhattan 2 saw lower unit sales in Q3 vs Q2; management attributed to price hikes and seasonal lull, but velocity may not sustain.

medium · analyst_question
R

Competition from supply wave in MMR

Post-Supreme Court ruling, many projects are seeking approvals, potentially increasing supply and pressuring pricing.

medium · analyst_question
R

Leasehold-to-freehold conversion for Kanjurmarg still pending

Process slowed due to elections; no clear timeline provided, which could impact project viability.

medium · analyst_question