AJMERA REALTY & INFRA INDIA LTD. - 513349 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication for Unaudited FR of the Company for Q1 ended June 30, 202326-07-2023
26-07-2023
AJMERA REALTY & INFRA INDIA LTD. - 513349 - Intimation Of 36Th Annual General Meeting Of The Company
Intimation of 36th annual General Meeting of the Company25-07-2023
AJMERA REALTY & INFRA INDIA LTD. - 513349 - Intimation Of Record Date For The Purpose Of Final Dividend
Intimation of Record Date for the Purpose of Final Dividend25-07-2023
Q1FY24 Quarterly Result Announced for Ajmera Realty & Infra India Ltd.
Realty Company Ajmera Realty & Infra India announced Q1FY24 results: Sales value at Rs 225 crore; up 60% QoQ Sales volume at 1,35,460 Sq. ft; up 96% QoQ Collection at Rs 111 crore; up 8% QoQ Revenue at Rs 118 crore; up 113% YoY PAT at Rs 21 crore; up 82% YoY, PAT Margin at 18% The debt-equity ratio at 0.97x; achieves breakthrough at sub 1x Commenting on the performance of Q1FY24, Dhaval Ajmera, Director –ARIIL said, “We are pleased to announce that our company has delivered a stellar performance in Q1FY24, witnessing a remarkable 96% quarter-on-quarter sales growth at 1,35,460 sq. ft. This phenomenal sales growth is attributed to the launch of a premium residences project in Ghatkopar along with Bengaluru having a multiplier effect. Sales are expected to continue being driven by the strong demand for quality housing throughout the rest of the year. Our company recorded tremendous YoY growth in revenue of 113% to Rs 118 crore and 82% in PAT amounting to Rs 21 crore, the contribution of revenue-eligible projects to the bottom line showcases our operational efficiency. Our efficient debt management efforts resulted in a reduction of the weighted avg. cost of debt to 11.9% for Q1 FY24, as compared to 13.7% for Q4FY23 on account of financial performance and credit profile improvements, also we successfully achieved a debt/equity ratio of 0.97 vs 1.12 YoY, a sub 1x ratio. Our primary goal is to achieve a five-fold increase in sales by the year 2025. To accomplish this, we have set clear priorities, including ensuring the timely delivery of projects within committed timelines, enhancing overall execution efficiency and strategically launching three new projects during this fiscal year with a gross development value of ~Rs 1,800 crore. We remain confident with our strong revenue visibility estimated at Rs 3,960 crore from our ongoing projects and future launches. Our business objective is to not only grow exponentially but also create supply to meet the demands of end users. Key factors driving the demand for real estate will be the sustenance of macro factors through interest rate pause and conducive economic growth. Additionally, the completion of major transit infrastructure projects will create new micro markets, particularly in MMR, opening fresh business opportunities. To capitalize on these opportunities, we plan to venture into new micro-markets in H2 FY24.” Result PDF25-07-2023
AJMERA REALTY & INFRA INDIA LTD. - 513349 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation for Q1 ended June 30, 202325-07-2023
AJMERA REALTY & INFRA INDIA LTD. - 513349 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release for Q1 ended June 30, 202325-07-2023
AJMERA REALTY & INFRA INDIA LTD. - 513349 - Announcement under Regulation 30 (LODR)-Change in Management
Appointment of Internal Auditor25-07-2023
AJMERA REALTY & INFRA INDIA LTD. - 513349 - Appointment of Company Secretary and Compliance Officer
Appointment of Company Secretary and Compliance Officer25-07-2023
AJMERA REALTY & INFRA INDIA LTD. - 513349 - The Standalone And Consolidated Unaudited Financial Results Of The Company For First Quarter Ended June 30, 2023, A Copy Of The Same Along With Limited Review Report
Unaudited Financial Results for Q1 June 30, 202325-07-2023
AJMERA REALTY & INFRA INDIA LTD. - 513349 - Board Meeting Outcome for Outcome Of Board Meeting
Outcome of Board Meeting of the Company, pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.25-07-2023