Ajmera Realty Reports 65% Decline in Q1 Sales Value, Carpet Area Sales Drop 52%
Ajmera Realty has reported a significant decline in sales value and carpet area sold in Q1 FY26, with a 65% drop in sales value and a 52% decline in carpet area compared to the same period last year.
Real EstateAjmera RealtySales DeclineRegulatory ChallengesProject LaunchesReal EstateJul 12, 2025
The real estate company recorded a sales value of Rs 108 crore in Q1, marking a 65 per cent drop compared to Rs 306 crore in the same quarter last year, it said in a stock exchange filing.
In terms of carpet area sold, Ajmera Realty reported 63,244 square feet during the April-June period, down 52 per cent from 1,30,801 sq ft in the same quarter last fiscal.
Sequentially, the sales value also fell 57 per cent from Rs 250 crore reported in Q4 FY25. The carpet area sold declined even more sharply — by 66 per cent — compared to 1,85,939 sq. ft. sold in the previous quarter.
However, amid the subdued sales performance in the last quarter, the company reported some positives in its cash inflows. The real-estate firm's collections for the quarter stood at Rs 234 crore, up 42 per cent YoY from Rs 165 crore in Q1 FY25.
Sales performance during the quarter was affected by sector-wide regulatory challenges, leading to delays in project launches, including certain key projects of Ajmera Realty, the company said in its filing.
“The lack of necessary approvals led to delays in new launches, while lower available inventory in existing projects contributed to sales during the quarter,” said Dhaval Ajmera, Director-Corporate Affairs.
With fast-tracked execution underway across six residential projects in Bengaluru and Mumbai, supported by consistent construction progress and inventory absorption, we are prepared to deliver approximately 1,000 homes by the second half of FY26, Ajmera added.
Ajmera Realty shares fell 2.43 per cent to close at Rs 897.90 on Friday on the NSE. Meanwhile, its 52-week high and low values stood at Rs 1,224.90 and Rs 609.55, respectively.
Frequently Asked Questions
What was the sales value reported by Ajmera Realty in Q1 FY26?
Ajmera Realty reported a sales value of Rs 108 crore in Q1 FY26.
By how much did the sales value decline compared to Q1 FY25?
The sales value declined by 65 per cent compared to Rs 306 crore in Q1 FY25.
What was the carpet area sold in Q1 FY26?
The carpet area sold in Q1 FY26 was 63,244 square feet.
What were the main reasons for the decline in sales performance?
The main reasons for the decline in sales performance were sector-wide regulatory challenges, leading to delays in project launches and lower available inventory in existing projects.
What is the target for home deliveries by the second half of FY26?
Ajmera Realty aims to deliver approximately 1,000 homes by the second half of FY26.
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