AJMERANSEQ1 FY24July 25, 2023

Ajmera Realty & Infra India Limited

3,953words
4turns
0analyst exchanges
0executives
Key numbers — 40 extracted
96%
IONS BUSINESS UPDATES Key Business Highlights – Q1 FY24 Q1 FY24 1,35,460 Sq.ft. Sales Volume 96% QoQ Increase ~INR 225 Cr Sales Value 60% QoQ Increase ~INR 111 Cr Collections 8% QoQ Increase A
INR 225
ES Key Business Highlights – Q1 FY24 Q1 FY24 1,35,460 Sq.ft. Sales Volume 96% QoQ Increase ~INR 225 Cr Sales Value 60% QoQ Increase ~INR 111 Cr Collections 8% QoQ Increase Ajmera Eden Codename Gha
60%
hlights – Q1 FY24 Q1 FY24 1,35,460 Sq.ft. Sales Volume 96% QoQ Increase ~INR 225 Cr Sales Value 60% QoQ Increase ~INR 111 Cr Collections 8% QoQ Increase Ajmera Eden Codename Ghatkopar launched S
INR 111
Q1 FY24 1,35,460 Sq.ft. Sales Volume 96% QoQ Increase ~INR 225 Cr Sales Value 60% QoQ Increase ~INR 111 Cr Collections 8% QoQ Increase Ajmera Eden Codename Ghatkopar launched Sales velocity of ~14% on
8%
. Sales Volume 96% QoQ Increase ~INR 225 Cr Sales Value 60% QoQ Increase ~INR 111 Cr Collections 8% QoQ Increase Ajmera Eden Codename Ghatkopar launched Sales velocity of ~14% on launch ~INR 118
14%
R 111 Cr Collections 8% QoQ Increase Ajmera Eden Codename Ghatkopar launched Sales velocity of ~14% on launch ~INR 118 Cr Total Revenue 113% YoY Increase ~INR 21 Cr 18% PAT Margin 82% YoY Increase
INR 118
tions 8% QoQ Increase Ajmera Eden Codename Ghatkopar launched Sales velocity of ~14% on launch ~INR 118 Cr Total Revenue 113% YoY Increase ~INR 21 Cr 18% PAT Margin 82% YoY Increase ~INR 27 Cr Bangalor
113%
mera Eden Codename Ghatkopar launched Sales velocity of ~14% on launch ~INR 118 Cr Total Revenue 113% YoY Increase ~INR 21 Cr 18% PAT Margin 82% YoY Increase ~INR 27 Cr Bangalore Collections ~24% co
INR 21
Ghatkopar launched Sales velocity of ~14% on launch ~INR 118 Cr Total Revenue 113% YoY Increase ~INR 21 Cr 18% PAT Margin 82% YoY Increase ~INR 27 Cr Bangalore Collections ~24% contributed to total coll
18%
launched Sales velocity of ~14% on launch ~INR 118 Cr Total Revenue 113% YoY Increase ~INR 21 Cr 18% PAT Margin 82% YoY Increase ~INR 27 Cr Bangalore Collections ~24% contributed to total collection
82%
velocity of ~14% on launch ~INR 118 Cr Total Revenue 113% YoY Increase ~INR 21 Cr 18% PAT Margin 82% YoY Increase ~INR 27 Cr Bangalore Collections ~24% contributed to total collections Lugaano & Fl
INR 27
n launch ~INR 118 Cr Total Revenue 113% YoY Increase ~INR 21 Cr 18% PAT Margin 82% YoY Increase ~INR 27 Cr Bangalore Collections ~24% contributed to total collections Lugaano & Florenza Revamped Sales s
Guidance — 3 items
Approvals Received
opening
MHADA NOC, IOD, CC & RERA 2, 3 & 4 BHK Premium Residences Jan’27 Estimated project timelines as per RERA UNITS 2 BHK SIZE 753 + Sq.ft.
Approvals Received
opening
Q1 FY24 22 Current Construction Status Ajmera Eden Q1 FY24 Column Work - Open Footing WIP Raft Reinforcement WIP 23 Mid Market Project Ajmera Nucleus 93 Cr of total sales booked 62 Cr of Revenue Recognised ~96% of Inventory Sold 4,353 Sq.ft.
Approvals Received
opening
Unsold Inventory OC Received for Residential AB & Commercial Dec’23 Estimated project timelines as per RERA Q1 FY24 24 Current Construction Status Ajmera Nucleus Q1 FY24 Nucleus Residential (AB Wing) Nucleus Commercial 25 Affordable Project Ajmera Lugaano & Florenza 119 Cr of total sales booked ~47% of Inventory Sold 1,46,284 Sq.ft.
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Speaking time
Approvals Received
1
Multiplier effect
1
Contact Info
1
Registered Office
1
Opening remarks
Approvals Received
MHADA NOC, IOD, CC & RERA 2, 3 & 4 BHK Premium Residences Jan’27 Estimated project timelines as per RERA UNITS 2 BHK SIZE 753 + Sq.ft. 3 BHK 1,000 + Sq.ft. 4 BHK 1,687 + Sq.ft. Q1 FY24 22 Current Construction Status Ajmera Eden Q1 FY24 Column Work - Open Footing WIP Raft Reinforcement WIP 23 Mid Market Project Ajmera Nucleus 93 Cr of total sales booked 62 Cr of Revenue Recognised ~96% of Inventory Sold 4,353 Sq.ft. Unsold Inventory OC Received for Residential AB & Commercial Dec’23 Estimated project timelines as per RERA Q1 FY24 24 Current Construction Status Ajmera Nucleus Q1 FY24 Nucleus Residential (AB Wing) Nucleus Commercial 25 Affordable Project Ajmera Lugaano & Florenza 119 Cr of total sales booked ~47% of Inventory Sold 1,46,284 Sq.ft. Unsold Inventory 31% of Total Sales Value during Q1 FY24
Multiplier effect
Revamped Sales strategy implementation Lugaano – Sep’26 Florenza – Sep’25 Estimated project timelines as per RERA Q1 FY24 26 Current Construction Status Ajmera Lugaano & Florenza Q1 FY24 Tower AB - North View Tower A - 8th Floor Slab WIP 27 Project Portfolio Project Ownership Total Carpet Area (Sq.ft.) Carpet Area Sold (Sq.ft.) Revenue Recognised (INR Cr) Revenue Unrecognised (INR Cr) Carpet Area Unsold (Sq.ft.) Estimated Value Of Unsold Area (INR Cr) Project Status Q1 FY24 Nucleus Commercial Sikova Greenfinity 70% 98,950 - 100% 100% 127,876 1,14,087 69,652 58,285 Nucleus C 70% 1,03,149 98,796 Manhattan Prive Eden Lugaano Florenza TOTAL 100% 100% 100% 70% 70% 498,096 2,26,272 30,602 7,396 95,708 13,475 131,931 63,872 143,513 65,288 98,950 105 OC Received - 191 153 62 222 - - - - - 27 9 30 13,789 11,367 4,353 434 2,71,824 35 36 57 62 23,206 82,233 68,059 78,225 26 32 4 844 109 217 61 74 Near to Completion Near to Completion Advanced Stage Completion Under Construction Under Construction
Registered Office
Ajmera Realty & Infra India Ltd , 2nd Floor, Citi Mall, Andheri Link Road, Andheri (West), Mumbai - 400053 Phone: 022 - 6698 4000 CIN No.: L27104MH1985PLC035659 Website: www.ajmera.com i i b a l z p m h C y b n g s e D n o i t a t n e s e r P
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