Ajmera Realty & Infra India

Ajmera Realty delivered a stellar 9M FY26 with 1,431 crCurrent 1,431 cr. Reported change: +72% YoY. in sales (+72% YoY) and 787 crCurrent 787 cr. Reported change: +70% YoY. in collections (+70% YoY), driven by the blockbuster launch of Solace at Vikhroli (84%Current 84%. Reported change: N/A. sold in 48 hours) and strong execution across projects. Revenue grew 11Current reported value: 11. No comparable prior figure is available in the source record.% YoY to 664 crCurrent reported value: 664 cr. No comparable prior figure is available in the source record., with EBITDA margin at 30%Current reported value: 30%. No comparable prior figure is available in the source record. and PAT at 99 crCurrent reported value: 99 cr. No comparable prior figure is available in the source record.. The Vadala master plan revision tripled the boutique office GDV to 5,300 crCurrent 5,300 cr. Reported change: +194%., unlocking significant value. Management maintained FY26 sales guidance of 1,600 cr and expects to surpass it. Key risks include delays in the Kanjurmarg launch (still awaiting EC approvals) and potential slowdown in luxury sales velocity post-launch spikes.