Financials Ajmera Realty & Infra India Limited

Equities

AJMERA

INE298G01027

Real Estate Development & Operations

Market Closed - Bombay S.E. 11:00:50 26/04/2024 BST 5-day change 1st Jan Change
834 INR +1.34% Intraday chart for Ajmera Realty & Infra India Limited +2.05% +89.79%

Valuation

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Capitalization 1 8,538 6,758 2,269 4,169 11,612 9,815
Enterprise Value (EV) 1 13,794 15,300 11,576 11,504 19,915 17,763
P/E ratio 10.3 x 9.05 x 6.94 x 13.8 x 25.6 x 13.7 x
Yield 1.37% 1.73% 2.19% 1.19% 0.69% 1.08%
Capitalization / Revenue 2.31 x 1.77 x 0.66 x 1.2 x 2.41 x 2.28 x
EV / Revenue 3.73 x 4.01 x 3.36 x 3.32 x 4.13 x 4.12 x
EV / EBITDA 9.98 x 12 x 11.1 x 12.1 x 17.1 x 14.3 x
EV / FCF -11.8 x -7.26 x 44.8 x 6.68 x -38.3 x 201 x
FCF Yield -8.48% -13.8% 2.23% 15% -2.61% 0.5%
Price to Book 1.52 x 1.11 x 0.36 x 0.63 x 1.64 x 1.27 x
Nbr of stocks (in thousands) 35,485 35,485 35,485 35,485 35,485 35,485
Reference price 2 240.6 190.4 63.95 117.5 327.2 276.6
Announcement Date 26/07/18 05/09/19 08/09/20 24/08/21 30/07/22 26/07/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 3,696 3,815 3,444 3,467 4,827 4,311
EBITDA 1 1,383 1,271 1,045 953.9 1,164 1,244
EBIT 1 1,356 1,247 1,024 936.4 1,147 1,229
Operating Margin 36.68% 32.7% 29.73% 27.01% 23.77% 28.52%
Earnings before Tax (EBT) 1 1,065 939.5 426.6 410 617.3 961.9
Net income 1 822.8 752.3 327 301.8 453.9 715
Net margin 22.26% 19.72% 9.5% 8.7% 9.4% 16.59%
EPS 2 23.33 21.05 9.216 8.504 12.79 20.15
Free Cash Flow 1 -1,170 -2,109 258.3 1,722 -520.3 88.57
FCF margin -31.66% -55.27% 7.5% 49.68% -10.78% 2.05%
FCF Conversion (EBITDA) - - 24.71% 180.57% - 7.12%
FCF Conversion (Net income) - - 78.98% 570.78% - 12.39%
Dividend per Share 2 3.300 3.300 1.400 1.400 2.250 3.000
Announcement Date 26/07/18 05/09/19 08/09/20 24/08/21 30/07/22 26/07/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 5,256 8,542 9,306 7,335 8,303 7,948
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.801 x 6.721 x 8.904 x 7.69 x 7.134 x 6.389 x
Free Cash Flow 1 -1,170 -2,109 258 1,722 -520 88.6
ROE (net income / shareholders' equity) 13.8% 11.3% 4.54% 4.17% 5.87% 8.4%
ROA (Net income/ Total Assets) 5.74% 4.57% 3.32% 3.03% 3.66% 3.9%
Assets 1 14,333 16,479 9,841 9,973 12,392 18,334
Book Value Per Share 2 159.0 172.0 180.0 187.0 200.0 218.0
Cash Flow per Share 2 1.000 4.420 2.370 7.070 6.560 7.650
Capex 1 35.6 45.7 69.4 221 23.7 43.8
Capex / Sales 0.96% 1.2% 2.02% 6.38% 0.49% 1.02%
Announcement Date 26/07/18 05/09/19 08/09/20 24/08/21 30/07/22 26/07/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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