• Pre-sales guidance: After surpassing its FY26 target by achieving ₹1,700 crore against a ₹1,600 crore guidance, Ajmera Realty is targeting ₹2,200 crore in pre-sales for FY27. This growth is backed by plans to launch 7 to 8 projects with a total gross development value of over ₹6,000 crore.
• Project geography: Approximately 75% of the upcoming launches will be concentrated in Mumbai, with the remaining pipeline comprising two projects in Bangalore and one in Pune.
• Collections outlook: Collections are projected to increase by 20% to 25% in FY27 compared to FY26, driven directly by faster project execution and completion milestones.
• Inflation and pricing: Raw material inflation linked to Middle Eastern geopolitical tensions has driven up incremental project costs by 4% to 5%. The company is absorbing this for existing bookings but may raise prices on future launches if costs stay elevated.
• Operational disruptions: Site activity faced sharp slowdowns in May due to gas supply issues and seasonal labor shortages compounded by workers traveling for West Bengal elections, though labor has begun returning.