AJMERA REALTY Q2 : EXPECTS STRONGER H2 FY27 PERFORMANCE; UPCOMING PROJECT LAUNCHES, DEBT REDUCTION & 5X GROWTH STRATEGY

• H2 FY27 Outlook: Management expects stronger performance in the second half, supported by upcoming project launches, sustained customer demand and disciplined execution • Project Launch Pipeline: Actively pursuing regulatory approvals for upcoming residential and commercial projects to accelerate future sales and development • 33Fifteen Commercial Project: Achieved eligibility for revenue recognition from Q2 FY27 following accelerated construction progress • Asset Monetisation: Completed divestment of its entire 36% stake in Ultra Tech Property Developers, supporting liquidity and debt reduction • Debt Reduction: Reduced debt by ₹34 Cr to ₹646 Cr, while borrowing costs declined to 10.75% from 11.01% QoQ • Balance Sheet Improvement: Debt-to-equity ratio improved to 0.44x, with management continuing to focus on financial discipline and prudent capital allocation • Future Development Pipeline: Significant development potential across strategic land parcels at Ajmera I-Land, Bhakti Park, Wadala and Kanjurmarg in Mumbai • 5X Growth Strategy: Continuing its long-term growth strategy through new project launches, strategic redevelopment, asset monetisation and expansion across residential and commercial segments • Future Growth Plans: Focused on securing project approvals, accelerating launches, improving collections, optimising debt and strengthening its Mumbai real estate portfolio

AJMERA REALTY & INF I LTD

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