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Ajmera Realty & Infra India announced Financial Results Q1 2024

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 42.24 % in the past year, decrease in net sales/revenue by -15.23 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 4.81 %. Marginal decrease of -21.01% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Ajmera Realty & Infra India Limited. Notable increase of 18.63 % in net profit Year to Year, Ajmera Realty & Infra India Limited’s profitability increased by 2.04 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 18.64 % Year to Year. EPS increased by 1.38 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Ajmera Realty & Infra India Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 98.52 Cr Rs. 165.31 Cr Rs. 140.13 Cr -15.23 % + 42.24 %
Expenses Rs. 66.1 Cr Rs. 111.83 Cr Rs. 89.73 Cr -19.76 % + 35.75 %
Operating Profit Rs. 32.42 Cr Rs. 53.48 Cr Rs. 50.4 Cr -5.76 % + 55.46 %
OPM % 32.91 % 32.35 % 35.97 % + 3.62 % + 3.06 %
Other Income Rs. 1.04 Cr Rs. 1.38 Cr Rs. 1.09 Cr -21.01 % + 4.81 %
Interest Rs. 6.69 Cr Rs. 23.9 Cr Rs. 19.41 Cr -18.79 % + 190.13 %
Depreciation Rs. 0.3 Cr Rs. 0.24 Cr Rs. 0.68 Cr + 183.33 % + 126.67 %
Profit before tax Rs. 26.47 Cr Rs. 30.72 Cr Rs. 31.4 Cr + 2.21 % + 18.62 %
Tax % 25.16 % 25.03 % 25.16 % + 0.13 % + 0 %
Net Profit Rs. 19.81 Cr Rs. 23.03 Cr Rs. 23.5 Cr + 2.04 % + 18.63 %
EPS in Rs Rs. 5.58 Rs. 6.53 Rs. 6.49 -0.61 % + 16.31 %


Today, we’re looking at Ajmera Realty & Infra India Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 42.24 %. However, it did see a marginal slip of -15.23 % from the previous quarter. Expenses decreased slightly by -19.76 % quarter-on-quarter, aligning with the annual rise of 35.75 %. Operating profit, while up 55.46 % compared to last year, faced a quarter-on-quarter dip of -5.76 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.06 %, but an expansion of 3.62 % sequentially. Other income fell by -21.01 % compared to the last quarter, despite an annual growth of 4.81 %. Interest expenses dropped significantly by -18.79 % from the previous quarter, yet the year-over-year increase remains at a moderate 190.13 %. Depreciation costs climbed by 183.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 126.67 %. Profit before tax grew annually by 18.62 % but saw an increase from the preceding quarter by 2.21 %.
Tax expenses as a percentage of profits increased slightly by 0 % compared to last year, with a more notable quarter-on-quarter increase of 0.13 %. Net profit rose by 18.63 % year-on-year but experienced a 2.04 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 16.31 % but a quarterly fall of -0.61 %. In summary, Ajmera Realty & Infra India Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 98.52 Cr Rs. 165.31 Cr Rs. 140.13 Cr -15.23 % + 42.24 %
Expenses Rs. 66.1 Cr Rs. 111.83 Cr Rs. 89.73 Cr -19.76 % + 35.75 %
Operating Profit Rs. 32.42 Cr Rs. 53.48 Cr Rs. 50.4 Cr -5.76 % + 55.46 %
Net Profit Rs. 19.81 Cr Rs. 23.03 Cr Rs. 23.5 Cr + 2.04 % + 18.63 %
EPS in Rs Rs. 5.58 Rs. 6.53 Rs. 6.49 -0.61 % + 16.31 %


In reviewing Ajmera Realty & Infra India Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 42.24 % year-on-year growth, although there was a slight dip of -15.23 % from the previous quarter. Expenses rose by 35.75 % compared to the previous year, with a decrease of -19.76 % quarter-on-quarter. Operating Profit surged by 55.46 % annually, and saw a -5.76 % decrease from the last quarter.
Net Profit showed yearly increase of 18.63 %, and experienced a 2.04 % increase from the previous quarter. Earnings Per Share (EPS) rose by 16.31 % annually, however dipped by -0.61 % compared to the last quarter. In essence, while Ajmera Realty & Infra India Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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