Shares of Ajmera Realty edged up 1.2% to ₹117.2 on Monday, after the developer disclosed that its Q2FY27 sales value dipped 68% YoY to ₹224 crore, while collections fell 14% YoY to ₹190 crore.
The 72,883 sq‑ft of carpet area sold in the quarter represents a drop of more than 60% from the 2,29,772 sq‑ft recorded in the same period last year, underscoring the slowdown in the affordable‑housing segment.
Pre‑sales for H1FY27 hit ₹370 crore across 1,16,620 sq‑ft, with collections at ₹363 crore, a decline from ₹720 crore sales value and ₹220 crore collections in the previous year.
Dhaval Ajmera, director of Corporate Affairs, said the firm is actively progressing through approval processes for upcoming projects and remains confident about bringing them to market, citing a 100% sell‑out of the completed Ajmera Prive project.
Looking ahead, the company plans to expedite approvals for its next‑generation developments, aiming to reverse the Q2 decline, while investors will watch the upcoming Q3 filing for any sign of recovery.