What we do Ajmera Realty & Infra India Ltd is a leading real estate developer engaged in premium residential, commercial projects and infrastructure with strong presence in Mumbai and Bengaluru. |
Founded in 1,985 |
Market share Early creator of townships in Mumbai micro markets; recognized for large-scale residential and commercial developments with over 46,000 families served. |
Problem solved Addresses housing and commercial space demand by developing quality real estate projects with sustainable and green technologies. |
Top clients or who we serve B2C-focused serving end customers seeking premium, luxury, and affordable homes, along with boutique commercial space buyers. |
Key management Mr. Rajnikant S. Ajmera (Chairman & Managing Director), Mr. Manoj I. Ajmera (Managing Director); both with decades of industry experience. |
Our journey and innovations Started in steel sector in 1985; transitioned to real estate in 2008; pioneered near-infrared curing in coatings; expanded through acquisitions; launched notable projects like Ajmera Manhattan and Ajmera Eden. |
Where we operate Primarily Mumbai Metropolitan Region and Bengaluru, with subsidiary ventures exploring UK market. |
Top products or what we offer Residential townships, luxury apartments, boutique commercial buildings, and integrated infra projects including renewable energy ventures. |
Top brands Flagship projects include Ajmera Manhattan, Ajmera Greenfinity, Ajmera Solis, Ajmera Eden, and Ajmera Marina; known for quality construction and timely delivery. |
Raw materials needed Construction materials like cement, steel, concrete, and sustainable building components. |
Raw materials supplier Multiple local and national suppliers adhering to quality and sustainability standards. |
Recurring vs cyclical contribution Revenue primarily cyclical driven by real estate sales cycles, with recurring income from completed property maintenance and rentals. |
Our industry position Strong regional player in Mumbai and Bengaluru with robust sales growth, solid financials, and improving debt profile. |
Financial highlights Consolidated revenue INR 737.95 Cr, PAT INR 125.94 Cr (FY2025); 11% YoY revenue growth; lean debt-to-equity of 0.58x as of Dec 2025. |
Geographical revenue split Majority revenue from Mumbai and Bengaluru projects; emerging international ventures minimal currently. |
Order book Strong order book with committed sales over INR 3,378 Cr and sizeable unsold inventory valued near INR 3,999 Cr. |
Whats driving growth Growth driven by new project launches, land bank unlocking, strong sales and collections, and strategic usage of owned land. |
Our future plans Plans to launch 4 new projects in Mumbai and Bengaluru with estimated GDV of INR 1,491 Cr; continued land bank expansion and portfolio diversification. |
Our green promise ISO 14001 certified; adopts IGBC standards, energy-efficient systems, waste management, noise reduction, and sustainable construction practices. |
Our people and values 350+ dedicated workforce; focus on inclusivity, employee wellbeing, and ethical governance. |
Key challenges ahead Market cyclicality, regulatory approvals, and timely project execution amidst competitive and economic fluctuations. |
Interesting facts First worldwide use of near-infrared curing in color coating; pioneer in township developments in Mumbai micro-markets. |
Risks and strategy Mitigates risks through diversified portfolio, strong governance, focused risk management committee, and phased project execution. |
