# Ajmera Realty & Infra India share price today (Ajmera Realty & Infra India Ltd, NSE: AJMERA) > Ajmera Realty & Infra India share price today: ₹132.41 at the NSE close on 3 November 2026, down 38.2% in a year. Ajmera Realty & Infra India (NSE: AJMERA) is worth ₹2,597 crore, trades at a P/E of 16.8 and has closed between ₹104.04 and ₹204.38 over the past 52 weeks. > Ajmera Realty & Infra India Ltd's earnings have grown faster than its share price. Earnings per share grew +18.9% in a year while the price moved −38.2%. AJMERA · Realty - Construction & Contracting · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/ajmera-realty-infra-india-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Turning around, from fewer quarters than usual - Price: ₹132.41 (−38.2% in a year) - P/E: 16.8× (higher than 57% of the last 11 years) - Revenue (Jun 2026): ₹317 Cr (+22.9% on a year ago) - Profit (Jun 2026): ₹45.0 Cr (+15.4% on a year ago) - Operating margin: 29.0% (−1.0 points on a year ago) - ROCE: 14%, FY26 - Profit that came in as cash: 77%, last 3 years The main question: yearly earnings per share moved +18.9% while the share price moved −38.2%. ## What is the Ajmera Realty & Infra India share price today? Ajmera Realty & Infra India Ltd's share price was ₹132.41 at the close on 3 November 2026. It has been falling for 40 weeks. That is 0.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹104 and ₹204, and at that close it sat 28% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 4 weeks in a row. Over the last 11 years the share price moved +420% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What are Ajmera Realty & Infra India's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Ajmera Realty & Infra India reported revenue of ₹317 crore, up 22.9% from ₹258 crore a year earlier, and a profit of ₹45.0 crore, up 15.4% from ₹39.0 crore. ### Ajmera Realty & Infra India results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹317 crore | ₹258 crore | +22.9% | | Profit | ₹45.0 crore | ₹39.0 crore | +15.4% | | Earnings per share | ₹2.19 | ₹1.95 | +12.3% | | Operating margin | 29.0% | 30.0% | −1.0 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Ajmera Realty & Infra India's management discussed these results on a call held on 4 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the Ajmera Realty & Infra India share price history? Ajmera Realty & Infra India closed at ₹132.41 on 3 November 2026, down 38.2% from ₹214.42 a year earlier (31 October 2025) and up 107.5% over five years. Its highest weekly close since March 2016 was ₹227.30 on 6 December 2024. ### Ajmera Realty & Infra India share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹124.50 | +6.4% | | 1 month ago · 1 Oct 2026 | ₹119.35 | +10.9% | | 6 months ago · 30 Apr 2026 | ₹124.30 | +6.5% | | 1 year ago · 31 Oct 2025 | ₹214.42 | −38.2% | | 3 years ago · 3 Nov 2023 | ₹73.27 | +80.7% | | 5 years ago · 4 Nov 2021 | ₹63.80 | +107.5% | | 10 years ago · 4 Nov 2016 | ₹27.08 | +389.0% | | Earliest weekly close in our records · 11 Mar 2016 | ₹25.46 | +420.1% | | Highest weekly close since March 2016 · 6 Dec 2024 | ₹227.30 | −41.7% | | Lowest weekly close since March 2016 · 27 Mar 2020 | ₹11.81 | +1,021.2% | | 52-week high (weekly close) · 7 Nov 2025 | ₹204.38 | −35.2% | | 52-week low (weekly close) · 27 Mar 2026 | ₹104.04 | +27.3% | Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.) ## What is the latest news on Ajmera Realty & Infra India? 3 Nov 2026: Ajmera Realty & Infra India closed at ₹132.41, up 6.4% on the week and up 10.9% on the month. 16 Sep 2026: ex-date for a dividend of ₹1 a share. ### Earlier - 4 Aug 2026: Ajmera Realty & Infra India held its results call for April to June 2026. Management guided: Kanjurmarg land conversion planned within 2-3 months, before December; the 55-acre parcel planned for FY28 launch after Phase 2 technical and infrastructure work. - Results for April to June 2026: Revenue up 22.9% and profit up 15.4% on a year earlier. - 14 Jan 2026: Share split: face value cut from ₹10 to ₹2 a share (ex-date). ## What dividend does Ajmera Realty & Infra India pay? Ajmera Realty & Infra India paid ₹1 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.76% at the ₹132.41 close on 3 November 2026. The last was a dividend of ₹1 a share, ex-date 16 September 2026. ### Ajmera Realty & Infra India dividends since 1 April 2021 | Ex-date | Dividend per share | Type | Record date | | --- | --- | --- | --- | | 16 Sep 2026 | ₹1 | Dividend | same day | | 2 Sep 2025 | ₹4.50 | Dividend | same day | | 2 Aug 2024 | ₹4 | Dividend | same day | | 4 Aug 2023 | ₹3 | Dividend | same day | | 11 Aug 2022 | ₹2.25 | Dividend | 12 Aug 2022 | | 8 Sep 2021 | ₹1.40 | Dividend | 10 Sep 2021 | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record Yes. Ajmera Realty & Infra India Ltd paid out 13% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.) ## What did Ajmera Realty & Infra India management say on the latest results call? On the call for April to June 2026, held on 4 August 2026, Ajmera Realty & Infra India's management guided: Kanjurmarg land conversion planned within 2-3 months, before December; the 55-acre parcel planned for FY28 launch after Phase 2 technical and infrastructure work. > “We believe that the moderation witnessed during the quarter reflects normal industry seasonality rather than a structural slowdown.” > Dhaval Ajmera, on the call for April to June 2026 ### What management guided - Wadala office launch scope expanded to 8-8.5 lakh square feet after an additional 1 million square feet of FSI; timing not stated. - Wadala additional FSI added about ₹3,000 crore GDV; FY27 launch pipeline was described as around the same amount, with remaining land bank estimated at ₹18,000 crore and combined opportunity nearly ₹21,000 crore. - Upcoming launch pipeline expected to contribute approximately ₹6,500 crore, taking overall revenue visibility above ₹10,000 crore; scope was not reconciled with the lower FY27 launch-pipeline description. - FY27 debt-equity ratio guided at 1.0x; estimated pre-tax, post-debt cash-flow potential is ₹3,385 crore over project life, with a JV stake sale finalized for Q2 reporting. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/1610/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 4 August 2026.) ## What to watch in Ajmera Realty & Infra India's next results? When Ajmera Realty & Infra India reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Kanjurmarg conversion completion within the stated window; check whether the single-deal structure advances into an outright exit or JV. - What to check (from the call) - Kanjurmarg conversion completion within the stated window; check whether the single-deal structure advances into an outright exit or JV. - Wadala commercial launch timing and initial traction; test whether execution supports the connectivity-led demand thesis. - Next reported cash flow; verify whether the finalized JV stake sale appears as described. - Leverage during pre-RERA funding; check whether sales velocity begins the promised return to deleveraging. ## Which stock lists is Ajmera Realty & Infra India on? Ajmera Realty & Infra India is on one of our India lists: Real estate, REIT & cement. [Real estate, REIT & cement Group on the list: Home and office developers](https://www.sectoralpha.in/sectors/real-estate-stocks-india) ## Is Ajmera Realty & Infra India profitable? Ajmera Realty & Infra India Ltd earned ₹45.0 Cr of net profit in the Jun 2026 quarter, +15.4% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹157 Cr. Over 10 years profit has grown 13.1% a year on average. That is 14.2% of the quarter's revenue. The same quarter a year earlier earned ₹39.0 Cr. For the full year, FY26 profit was ₹157 Cr (+24.6% on the year before). Why profit moved: revenue changed +22.9% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +33.0% and revenue +53.0%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Ajmera Realty & Infra India make, and is it growing? Ajmera Realty & Infra India Ltd reported ₹317 Cr of revenue in the Jun 2026 quarter, +22.9% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 13.2% a year on average. The last full year, FY26, came in at ₹1,090 Cr. The last four reported quarters add to ₹1,149 Cr. FY26 revenue was ₹1,090 Cr, +47.7% on the year before. Recent pace: the last four quarters grew +53.0% on average, against 13.2% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +43.3%, against +21.5% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +23.5%, against +19.1% a year (accelerating). ## How much of every ₹100 of sales does Ajmera Realty & Infra India keep? Ajmera Realty & Infra India Ltd's operating margin was 29.0% in the Jun 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 24.0% and 39.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −1.4 percentage points on the year while gross margin changed −2.4 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Ajmera Realty & Infra India's profit turning into cash? Over the last 3 years, 77% of Ajmera Realty & Infra India Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 it brought in ₹69.0 Cr of operating cash against ₹157 Cr of profit. After ₹33.0 Cr of spending on assets, ₹36.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Ajmera Realty & Infra India's cash go? Ajmera Realty & Infra India Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹1,090 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹46.0 Cr on assets over the last 3 years. Averaged over those years that is 1.4% of FY26 revenue a year. Spending on assets: ₹46.0 Cr over the last 3 years, against ₹9.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Ajmera Realty & Infra India's P/E ratio, and how does it compare with its own history? Ajmera Realty & Infra India Ltd's P/E is 16.8×, in the middle of its own history: higher than 57% of past readings. Its usual P/E (the middle reading) is 15.4×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +18.9% while the price moved −38.2%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +15.7% a year; about +29.5% a year came from earnings growth and about −13.8 percentage points from the multiple (the market paying less); over 10 years the price moved +17.2% a year; about +11.4% a year came from earnings growth and about +5.8 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 7.0% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the Ajmera Realty & Infra India business getting better or worse? Ajmera Realty & Infra India Ltd's business is turning around. Profit growth has swung from −0.8% at its low to +23.5%, rising from a low 2 quarters ago, with ROCE rising at 14.0%. This is based on 8 quarters of 4 measures, with some gaps. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Ajmera Realty & Infra India earn on its capital? Ajmera Realty & Infra India Ltd earned a ROCE of 14% in FY26. That is up from a low of 4% in FY14. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 14.4% net margin and 0.42× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 14.4% net margin × 0.42× asset turnover × 1.86× leverage (assets divided by equity) ≈ 11.2% on equity. The margin does its share; borrowing is a big part of it. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 7.0% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Ajmera Realty & Infra India have too much debt? Ajmera Realty & Infra India Ltd had ₹711 Cr of borrowings against ₹1,398 Cr of equity in FY26, so its debt is 0.51× its equity. Its operating profit is 4 times its interest bill. Over 5 years borrowings went from ₹775 Cr to ₹711 Cr. Over the last 3 of those years it spent ₹46.0 Cr on assets. The spending on assets is being paid for from cash, not new debt. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 7.0% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the Ajmera Realty & Infra India shareholding pattern? Promoters cut their stake in Ajmera Realty & Infra India Ltd by 5.6 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 68.6% of the company. Domestic institutions moved −1.1 points over the same period, to 0.9%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −5.6 points over 8 quarters, to 68.6%; Domestic institutions: −1.1 points over 8 quarters, to 0.9%; Foreign institutions: +0.5 points over 8 quarters, to 0.8%. Why the owners changed: promoters drove it (−5.6 points), together with domestic institutions (−1.1 points). They reduced their stake. ## How far is Ajmera Realty & Infra India from balance-sheet trouble? For Ajmera Realty & Infra India Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Ajmera Realty & Infra India rank in its industry? 58.7 out of 100, rank 5 of 26 in Realty - Construction & Contracting, with 78% of the evidence available. Ajmera Realty & Infra India Ltd scores 58.7 out of 100 against the 26 companies it is compared with in Realty - Construction & Contracting, ranking 5. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 21.3 + 16.6 + 9.1 + 11.7 = 58.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Ajmera Realty & Infra India compared with? Ajmera Realty & Infra India ranks 5 of 26 Realty - Construction & Contracting companies on the 4-Factor Sector Score, with 58.7 out of 100. 1. [Suratwwala Business Group Ltd](https://www.sectoralpha.in/stocks/suratwwala-business-group-ltd) SBGLP · Most evidence points up · 76% evidence 72.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.2/43.75 · Revenue 100% · Profit 100% · Operating margin change -11.9 points · 88% evidence Capital efficiency 22.8/31.25 · ROCE 30.8% · Operating margin 31.9% · 100% evidence Valuation 17.7/25 · P/E 9.7× · PEG 1.22 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 32.2 + 22.8 + 17.7 = 72.7 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 2. [Ashiana Housing Ltd](https://www.sectoralpha.in/stocks/ashiana-housing-ltd) ASHIANA · quiet · Evidence leans up · 86% evidence 62.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.5/35 · Revenue 37% · Profit 100% · Operating margin change 3 points · 88% evidence Capital efficiency 13.1/25 · ROCE 14% · Operating margin 7% · 100% evidence Valuation 10.1/20 · P/E 28.6× · PEG n/a · 50% evidence Relative strength 11.9/20 · Lead over its industry 2.8% · Lead over NIFTY 500 4.7% · 1 year 19.4% · 100% evidence · 1 of 12 weeks ahead Exact sum: 27.5 + 13.1 + 10.1 + 11.9 = 62.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Arihant Foundations & Housing Ltd](https://www.sectoralpha.in/stocks/arihant-foundations-housing-ltd) ARIHANT · quiet · Evidence leans up · 81% evidence 62.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.9/35 · Revenue 88.8% · Profit 38.8% · Operating margin change 1 points · 88% evidence Capital efficiency 16.7/25 · ROCE 16.4% · Operating margin 27% · 100% evidence Valuation 15.6/20 · P/E 13× · PEG 0.24 · 100% evidence Relative strength 8.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -11.1% · 1 year -22% · 25% evidence · 9 of 12 weeks ahead Exact sum: 20.9 + 16.7 + 15.6 + 8.8 = 62 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [PVP Ventures Ltd](https://www.sectoralpha.in/stocks/pvp-ventures-ltd) PVP · leader · Evidence leans up · 64% evidence 59.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue 100% · Profit 100% · Operating margin change 0 points · 62% evidence Capital efficiency 9.0/25 · ROCE 6.4% · Operating margin 29% · 76% evidence Valuation 9.0/20 · P/E 75.8× · PEG n/a · 15% evidence Relative strength 19.2/20 · Lead over its industry 28.5% · Lead over NIFTY 500 30.2% · 1 year 29.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.1 + 9 + 9 + 19.2 = 59.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. Ajmera Realty & Infra India Ltd this page AJMERA · turning · Evidence leans up · 78% evidence 58.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.3/35 · Revenue 43.3% · Profit 23.5% · Operating margin change -1 points · 83% evidence Capital efficiency 16.6/25 · ROCE 14.3% · Operating margin 29% · 76% evidence Valuation 9.1/20 · P/E 16.9× · PEG n/a · 50% evidence Relative strength 11.7/20 · Lead over its industry -2.3% · Lead over NIFTY 500 -0.5% · 1 year -38.3% · 100% evidence · 2 of 12 weeks ahead Exact sum: 21.3 + 16.6 + 9.1 + 11.7 = 58.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Arvind SmartSpaces Ltd](https://www.sectoralpha.in/stocks/arvind-smartspaces-ltd) ARVSMART · breaking out · Evidence leans up · 78% evidence 57.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.6/35 · Revenue 5.3% · Profit 48% · Operating margin change 28 points · 83% evidence Capital efficiency 16.1/25 · ROCE 12.4% · Operating margin 49% · 76% evidence Valuation 11.6/20 · P/E 14× · PEG n/a · 50% evidence Relative strength 9.9/20 · Lead over its industry -1.7% · Lead over NIFTY 500 0.2% · 1 year -11.6% · 100% evidence · 5 of 12 weeks ahead Exact sum: 19.6 + 16.1 + 11.6 + 9.9 = 57.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Raymond Ltd](https://www.sectoralpha.in/stocks/raymond-ltd) RAYMOND · leader · Evidence leans up · 75% evidence 56.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.9/35 · Revenue 16.7% · Profit -80% · Operating margin change 3 points · 95% evidence Capital efficiency 9.1/25 · ROCE 3.1% · Operating margin 11% · 76% evidence Valuation 8.8/20 · P/E 138× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 94.5% · Lead over NIFTY 500 96.4% · 1 year 91.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.9 + 9.1 + 8.8 + 20 = 56.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Eldeco Housing & Industries Ltd](https://www.sectoralpha.in/stocks/eldeco-housing-industries-ltd) ELDEHSG · turning · Evidence leans up · 81% evidence 56.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.3/35 · Revenue 38.1% · Profit 100% · Operating margin change 25 points · 88% evidence Capital efficiency 14.0/25 · ROCE 7.7% · Operating margin 36% · 100% evidence Valuation 3.5/20 · P/E 21.2× · PEG 2.59 · 100% evidence Relative strength 9.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.1% · 1 year -11% · 25% evidence · 1 of 12 weeks ahead Exact sum: 29.3 + 14 + 3.5 + 9.8 = 56.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Capacite Infraprojects Ltd](https://www.sectoralpha.in/stocks/capacite-infraprojects-ltd) CAPACITE · quiet · Evidence leans up · 81% evidence 55.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.3/35 · Revenue 12.4% · Profit -5.6% · Operating margin change -1 points · 88% evidence Capital efficiency 15.9/25 · ROCE 15.5% · Operating margin 16% · 100% evidence Valuation 17.4/20 · P/E 6.7× · PEG 0.59 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -32.9% · 1 year -49.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 14.3 + 15.9 + 17.4 + 7.5 = 55.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 10. [Kolte Patil Developers Ltd](https://www.sectoralpha.in/stocks/kolte-patil-developers-ltd) KOLTEPATIL · leader · Evidence leans up · 66% evidence 52.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue 7.8% · Profit 47.1% · Operating margin change 53 points · 65% evidence Capital efficiency 7.5/25 · ROCE -0.3% · Operating margin 21% · 100% evidence Valuation 11.5/20 · P/E 31.6× · PEG 0.74 · 65% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 19.9% · 1 year 3.9% · 25% evidence · 12 of 12 weeks ahead Exact sum: 21.4 + 7.5 + 11.5 + 12.2 = 52.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Geecee Ventures Ltd](https://www.sectoralpha.in/stocks/geecee-ventures-ltd) GEECEE · leader · Evidence leans up · 96% evidence 52.0 out of 100 Growth Capital Valuation Relative 12. [Sunteck Realty Ltd](https://www.sectoralpha.in/stocks/sunteck-realty-ltd) SUNTECK · turning · Evidence leans up · 93% evidence 50.7 out of 100 Growth Capital Valuation Relative 13. [Keystone Realtors Ltd](https://www.sectoralpha.in/stocks/keystone-realtors-ltd) RUSTOMJEE · basing · Evidence leans down · 63% evidence 48.3 out of 100 Growth Capital Valuation Relative 14. [Suraj Estate Developers Ltd](https://www.sectoralpha.in/stocks/suraj-estate-developers-ltd) SURAJEST · quiet · Evidence leans down · 100% evidence 47.6 out of 100 Growth Capital Valuation Relative 15. [AGI Infra Ltd](https://www.sectoralpha.in/stocks/agi-infra-ltd) AGIIL · quiet · Evidence leans down · 96% evidence 47.5 out of 100 Growth Capital Valuation Relative 16. [Kesar India Ltd](https://www.sectoralpha.in/stocks/kesar-india-ltd) quiet · Evidence leans down · 76% evidence 45.8 out of 100 Growth Capital Valuation Relative 17. [Laxmi Goldorna House Ltd](https://www.sectoralpha.in/stocks/laxmi-goldorna-house-ltd) LGHL · breaking out · Evidence leans down · 71% evidence 45.6 out of 100 Growth Capital Valuation Relative 18. [Ganesh Housing Ltd](https://www.sectoralpha.in/stocks/ganesh-housing-ltd) GANESHHOU · basing · Evidence leans down · 100% evidence 42.9 out of 100 Growth Capital Valuation Relative 19. [Shriram Properties Ltd](https://www.sectoralpha.in/stocks/shriram-properties-ltd) SHRIRAMPPS · basing · Evidence leans down · 96% evidence 42.4 out of 100 Growth Capital Valuation Relative 20. [Omaxe Ltd](https://www.sectoralpha.in/stocks/omaxe-ltd) OMAXE · breaking out · Too little evidence to rank firmly · 56% evidence 41.7 out of 100 Growth Capital Valuation Relative 21. [Hubtown Ltd](https://www.sectoralpha.in/stocks/hubtown-ltd) HUBTOWN · turning · Evidence leans down · 68% evidence 40.3 out of 100 Growth Capital Valuation Relative 22. [Valor Estate Ltd](https://www.sectoralpha.in/stocks/valor-estate-ltd) DBREALTY · quiet · Evidence leans down · 79% evidence 40.2 out of 100 Growth Capital Valuation Relative 23. [SignatureGlobal India Ltd](https://www.sectoralpha.in/stocks/signatureglobal-india-ltd) SIGNATURE · quiet · Evidence leans down · 79% evidence 38.6 out of 100 Growth Capital Valuation Relative 24. [Puravankara Ltd](https://www.sectoralpha.in/stocks/puravankara-ltd) PURVA · quiet · Too little evidence to rank firmly · 49% evidence 54.4 out of 100 Growth Capital Valuation Relative 25. [Hemisphere Properties India Ltd](https://www.sectoralpha.in/stocks/hemisphere-properties-india-ltd) HEMIPROP · basing · Too little evidence to rank firmly · 49% evidence 30.7 out of 100 Growth Capital Valuation Relative 26. [Peninsula Land Ltd](https://www.sectoralpha.in/stocks/peninsula-land-ltd) PENINLAND · Too little evidence to rank firmly · 48% evidence 26.9 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Realty - Construction & Contracting](https://www.sectoralpha.in/sectors/realty-construction-contracting), all 26 compared on one page. ## Which companies are close to Ajmera Realty & Infra India in size? Ajmera Realty & Infra India is the 14th largest of 26 Realty - Construction & Contracting companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: AGI Infra, Hemisphere Properties India and Hubtown. Just below it: Arvind SmartSpaces, Omaxe and Capacite Infraprojects. ### Realty - Construction & Contracting companies close in size 1. [AGI Infra Ltd](https://www.sectoralpha.in/stocks/agi-infra-ltd) ₹2,999 crore 2. [Hemisphere Properties India Ltd](https://www.sectoralpha.in/stocks/hemisphere-properties-india-ltd) ₹2,973 crore 3. [Hubtown Ltd](https://www.sectoralpha.in/stocks/hubtown-ltd) ₹2,613 crore 4. Ajmera Realty & Infra India Ltd ₹2,609 crore 5. [Arvind SmartSpaces Ltd](https://www.sectoralpha.in/stocks/arvind-smartspaces-ltd) ₹2,589 crore 6. [Omaxe Ltd](https://www.sectoralpha.in/stocks/omaxe-ltd) ₹1,656 crore 7. [Capacite Infraprojects Ltd](https://www.sectoralpha.in/stocks/capacite-infraprojects-ltd) ₹1,232 crore [All 26 Realty - Construction & Contracting companies, largest first](https://www.sectoralpha.in/sectors/realty-construction-contracting#all-companies) ### Companies close in size in other industries 1. [Stove Kraft Ltd](https://www.sectoralpha.in/stocks/stove-kraft-ltd) ₹2,626 crore · Domestic Appliances 2. [Hubtown Ltd](https://www.sectoralpha.in/stocks/hubtown-ltd) ₹2,613 crore · Realty - Construction & Contracting 3. Ajmera Realty & Infra India Ltd ₹2,609 crore 4. [Hikal Ltd](https://www.sectoralpha.in/stocks/hikal-ltd) ₹2,609 crore · Pharma - API & CRAMS 5. [Sasken Technologies Ltd](https://www.sectoralpha.in/stocks/sasken-technologies-ltd) ₹2,606 crore · IT - Software ## What else do people ask about Ajmera Realty & Infra India? ### What is Ajmera Realty & Infra India's share price today? Ajmera Realty & Infra India Ltd's share price is ₹132.41, −38.2% over the past year. The whole company is worth ₹2,597 Cr on the market. In the last 52 weeks it traded between ₹104 to ₹204; today it is 28% of the way up from the low, 0.4% below its 200-day average (as of 3 November 2026). ### What were Ajmera Realty & Infra India's latest quarterly results? Ajmera Realty & Infra India Ltd reported revenue of ₹317 Cr and net profit of ₹45.0 Cr for the Jun 2026 quarter. Revenue rose 22.9% and profit rose 15.4% compared with a year earlier. Earnings per share were ₹2.19 (as of 3 November 2026). ### What is Ajmera Realty & Infra India's market cap? Ajmera Realty & Infra India Ltd's market capitalisation is ₹2,597 Cr at a share price of ₹132.41. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Ajmera Realty & Infra India performing? Ajmera Realty & Infra India Ltd's share price has been falling for 40 weeks. In its latest quarter, revenue rose 22.9% and profit rose 15.4% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 4 weeks running (as of 3 November 2026). ### Will Ajmera Realty & Infra India's share price go up? This page does not forecast Ajmera Realty & Infra India Ltd's share price. What it shows instead: the share price is ₹132.41, and it has been falling for 40 weeks. Its P/E of 16.8× is higher than 57% of its own last 11 years (as of 3 November 2026). ### Who owns Ajmera Realty & Infra India? Promoters own 68.6% of Ajmera Realty & Infra India Ltd, foreign institutions 0.8%, domestic institutions 0.9% and the public 29.8% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 5.6 percentage points over 8 quarters (as of 3 November 2026). ### Where is Ajmera Realty & Infra India in its business cycle? Ajmera Realty & Infra India Ltd's FY26 operating margin was 27.0%, against a 13-year range of 24.0% to 39.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 29.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Ajmera Realty & Infra India story? The main question: yearly earnings per share moved +18.9% while the share price moved −38.2%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Ajmera Realty & Infra India a stock worth studying right now? What the numbers show: Ajmera Realty & Infra India Ltd's earnings have grown faster than its share price. Earnings per share grew +18.9% in a year while the price moved −38.2%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Ajmera Realty & Infra India share price forecast for 2026? What management itself guided: Kanjurmarg land conversion planned within 2-3 months, before December; the 55-acre parcel planned for FY28 launch after Phase 2 technical and infrastructure work. ## Lists - Real estate, REIT & cement: https://www.sectoralpha.in/sectors/real-estate-stocks-india This is research, not advice. We’re not SEBI-registered.