The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Ajmera Realty & Infra India Limited is a premier real estate developer. It has its network of operations locally as well as in foreign markets. It caters to a diverse range of customers, including individuals, families, corporations, institutions, and government bodies. Its…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, fast-growing business, priced for perfection.
AJMERA REALTY & INF I LTD is scored on the general / industrial framework. It keeps a healthy 14.3% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.44×) — worth a closer look. Free cash flow is worth about 0.8% of its market value.
Over the last 3 years revenue compounded at 36%/yr and profit at 30%/yr. Book value itself has compounded 19%/yr — the hallmark of a genuine compounder. Return on equity is a modest 11.5%. In the latest quarter profit fell 23% versus the prior quarter.
At 17× earnings, the stock sits at the 97th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~4%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 14.16 | — | — |
| P/B | 1.74 | 3.43 | better |
| EV/EBITDA | 9.2 | — | — |
| ROE | 11.54 | 12.96 | worse |
| ROCE | 15.71 | 16.79 | worse |
| ROA | 7.15 | 7.68 | worse |
| Quick Ratio | 2.08 | 1.83 | better |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| DLF | 40.7 | 4.1 | 10.0% |
| Macrotech Developers | 27.3 | 4.8 | 17.2% |
| The Phoenix Mills | 45.8 | 8.4 | 14.3% |
Revenue has grown every year across all 4 financial years shown. 36% CAGR over 3 years — high-growth territory. Growth is accelerating — latest year outpaced the prior year's rate.
Net profit has risen every year — the hallmark of a compounder. Revenue is outpacing profit (36% vs 30%) — costs are rising faster than the top line.
Operating margins have been stable around 21% — no major structural shift.
ROE at 10% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (30% vs -28%) — share dilution is eroding per-share value. -28% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 0.4× PAT — reported profit isn't translating into cash, raising earnings quality questions. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 26% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (58% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 86% above earlier ones.
Profit fell 23% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 68.6% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.