Ajmera Realty Posts Strong Growth, Eyes ₹6,000 Crore Revenue By FY28 | Know Your Company | KYC

In the "Know Your Company" segment, the stock analyzed today is Ajmera Realty. The company has shown impressive growth, with a 51% rise in revenue and a 55% jump in profit for FY24. Its operational performance has been robust, with a 33% EBITDA margin and a steady balance sheet. Despite challenges in project approvals, particularly due to delays from the Supreme Court’s NGT order, Ajmera remains confident about meeting its sales guidance for FY25. The company expects to recognize around ₹6,000 crore in revenue over the next 3-4 years, primarily from ongoing and upcoming launches. However, Ajmera faces concerns about the potential stagnation of price growth following COVID-era hikes. Nevertheless, the company sees continued demand across India, particularly for commercial properties. The leadership remains optimistic about sustaining annual growth rates of 25-30% in the near future, with a strong focus on managing cash flows and minimizing dependency on debt.
#ajmera #Ajmerarealty #sharesofajmera #realestate #realty
For more videos subscribe to our channel: / @ndtvprofitindia
Visit NDTV Profit for more news: www.ndtvprofit...
Don't enter the stock market unaware. Read all Research Reports here: www.ndtvprofit....
Follow NDTV Profit here
Twitter: / ndtvprofitindia , / ndtvprofit
LinkedIn: / ndtv. .
Telegram: t.me/ndtvprofit...