Amj Land Holdings Limited (AMJLAND)

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Amj Land Holdings Limited (AMJLAND) · mywealthgrid

About

Residential and commercial real estate developer. Market cap ₹158 Cr, promoter-controlled (65.94%). Small-cap in Consumer Discretionary/Realty sector.

Face value: ₹2

Market cap

₹152 Cr

P/E

10.4×

P/B

0.7×

Dividend yield

0.5%

ROE

6.7%

ROCE

9.4%

Debt / equity

OPM

27.4%

EPS (TTM)

₹3.6

Book value

₹52.1

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

OPM swings 4.82% to 83.6% across quarters — margin volatility driven by project mix or milestone-based revenue recognition; verify what each quarter reflects
ROE 6.71% despite 27% average OPM — capital returns lag; check if scale constraints or leverage limits are structural
Zero institutional investors (FII 0%, DII 0.06%) — market confidence gap; verify if concerns relate to governance, size or sector outlook
Stock down 31% over 1 year — verify if repricing reflects execution miss, sector stress or standalone valuation reset

Generated analysis · source review pending

Growth drivers

Zero debt (D/E 0) — balance sheet can grow without refinancing pressure
Mar/Jun 2026 showed ₹5+ Cr net profit each — execution capability demonstrated; growth depends on pipeline conversion
Realty sector typically credit-sensitive — verify where interest-rate cycle stands to gauge demand tailwinds
PE 10.86 valuation discount — margin of safety if earnings stabilize

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹37.0-2.7%1Y

Quick read

rule-based

Pros

+Healthy operating margin of 27.4%
+Profit CAGR of 27.3% over the last 5 years
+Revenue CAGR of 36.2% over the last 5 years
+Almost debt-free (debt/equity 0)
+High promoter holding of 65.9% with no pledge

Cons

−Low return on equity of 7.9% (3-yr avg)
−Low dividend payout of 5.6% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

62/100

Business quality: 49
Growth: 43

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Lodha Developers LimitedLODHALODHA	₹1,10,460 Cr	₹1,20,344 Cr	₹18,181 Cr	₹5,859 Cr	29.5%	₹4,126 Cr	20.6%	20.1%	15.8%	1,405
The Phoenix Mills LimitedPHOENIXLTDPHOENIXLTD	₹69,017 Cr	₹74,313 Cr	₹4,545 Cr	₹2,714 Cr	59.6%	₹1,280 Cr	35.2%	12.4%	11.4%	734
Prestige Estates Projects LimitedPRESTIGEPRESTIGE	₹64,006 Cr	₹78,992 Cr	₹13,053 Cr	₹3,675 Cr	29.2%	₹1,139 Cr	10.3%	13.6%	7.5%	2,755
Oberoi Realty LimitedOBEROIRLTYOBEROIRLTY	₹63,797 Cr	₹66,613 Cr	₹6,322 Cr	₹3,572 Cr	55.9%	₹2,630 Cr	41.7%	17.5%	14.9%	1,581
Godrej Properties LimitedGODREJPROPGODREJPROP	₹48,065 Cr	₹63,680 Cr	₹5,203 Cr	₹-458 Cr	-8.1%	₹1,600 Cr	35.9%	12.5%	10.1%	6,464
Anant Raj LimitedANANTRAJANANTRAJ	₹20,797 Cr	₹21,403 Cr	₹2,551 Cr	₹688 Cr	26.1%	₹579 Cr	22.2%	12%	11.2%	236
Brigade Enterprises LimitedBRIGADEBRIGADE	₹18,579 Cr	₹24,688 Cr	₹5,532 Cr	₹1,465 Cr	25.1%	₹695 Cr	12.7%	11.1%	10.3%	938
Horizon Industrial Parks LimitedHORIZONINDHORIZONIND	₹14,025 Cr	₹20,910 Cr	₹691 Cr	₹531 Cr	76.9%	₹-198 Cr	-29.5%	3.3%	-5.9%	-46
Sobha LimitedSOBHASOBHA	₹12,968 Cr	₹13,970 Cr	₹5,617 Cr	₹364 Cr	6%	₹231 Cr	3.7%	7.4%	4.2%	17,827
Aditya Birla Real Estate LimitedABRELABREL	₹12,293 Cr	₹17,929 Cr	₹450 Cr	₹-375 Cr	-88.2%	₹-116 Cr	-83%	-4.4%	-2.7%	22,467
Sri Lotus Developers And Realty LimitedLOTUSDEVLOTUSDEV	₹11,244 Cr	₹11,374 Cr	₹840 Cr	₹299 Cr	36.5%	₹257 Cr	31.6%	22.3%	16.7%	840
Signatureglobal (India) LimitedSIGNATURESIGNATURE	₹10,376 Cr	₹13,317 Cr	₹2,282 Cr	₹-126 Cr	-1.9%	₹1,044 Cr	42.2%	3.4%	85%	1,407

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	27	17	11	29	35	56	78	53
COGS	6	9	7	17	19	31	39	26
Gross profit	22	8	4	11	17	25	39	27
	18	7	3	5	8	11	11	12
	4	1	1	6	9	14	28	15
OPM %	14.5%	6%	11.2%	20%	25.9%	25.6%	35.7%	28.5%
Depreciation	2	2	2	2	2	2	2	2
Interest	0	0	0	0	1	2	1	0
	3	12	7	8	4	4	7	9
Profit before tax	5	11	6	12	11	14	32	22
Tax	1	1	2	3	3	3	11	7
Tax %	27.8%	10.7%	31.9%	25.3%	32.6%	20.2%	33.6%	31.2%
	3	10	4	9	7	12	21	15
PAT margin %	12.2%	57.2%	39.5%	31.4%	20.1%	20.4%	27.6%	29.2%
EPS (₹)	0.8	2.4	1.1	2.2	1.7	2.7	5	3.6
EPS adjusted (₹)	0.8	—	1.1	2.2	1.7	2.7	5	3.6
	24.7%	8.4%	18.5%	9.3%	12%	7.4%	4%	5.5%
Annual report	Annual report for Mar 2018	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2017	Mar 2018	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	8	8	8	8	8	8	8	8
Reserves	79	85	106	133	137	171	219	205
Minority interest	3	8	—	0	0	1	1	1
	7	9	11	7	5	15	0	0
	27	25	8	29	29	35	41	35
Total equity & liabilities	124	134	134	177	180	230	269	250
	21	22	19	17	18	16	15	14
CWIP	0	1	2	—	—	—	—	0
Investments	12	23	48	67	79	129	174	191
	90	87	65	93	84	84	80	45
Total assets	124	134	134	177	180	230	269	250

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Real Estate Business	50.23	17.9	90.85	26.58	64.27	27.85
Wind Power Generation	2.28	0.33

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	79.6%	48.4%	40%	39%	47.6%	44.3%	50.2%	50.7%
EBITDA margin %	14.5%	4.4%	11.2%	21.5%	24.7%	24.7%	34.9%	27.4%
EBIT margin %	7.8%	-6.4%	-5.3%	15%	19.5%	21.4%	32.5%	23.8%
PAT margin %	12.2%	57.2%	39.5%	31.4%	20.1%	20.4%	27.6%	29.2%
Working capital
Receivable days	25	—	6	88	12	13	19	7
Inventory days	2,170	—	1,599	820	1,129	529	249	369
Payable days	246	—	72	69	179	91	27	12
NWC days	1,950	—	1,533	838	963	451	242	364
Leverage
Current ratio	4.15	—	6.91	2.56	3.58	3.43	4.05	5.47
Debt to EBITDA	2.26	—	8.73	1.19	0.57	1.08	0	0
Debt to equity	0.1	—	0.1	0.05	0.03	0.08	0	0
Interest coverage	27.4	537	—	—	11.7	8.9	35.1	—
Asset turnover	0.2	—	0.08	0.16	0.2	0.25	0.29	0.21
Return ratios
Return on assets %	2.5%	—	3.3%	5.1%	3.9%	5%	8%	6.1%
Return on capital employed %	4.3%	—	5.5%	9.3%	7.3%	9%	15%	9.4%
Return on equity %	3.6%	—	3.9%	6.4%	4.9%	6.4%	9.4%	7.2%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	65.9%	65.9%	65.9%	65.9%	65.9%	65.9%	65.9%	65.94%	65.94%	65.94%	65.94%	65.94%
FII	0.02%	0.02%	0.01%	0.15%	0%	0.02%	0%	0.04%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0.06%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	34.08%	34.08%	34.09%	33.95%	34.1%	34.08%	34.1%	34.02%	34.06%	34.06%	34.06%	34%
No. of shareholders	—	—	—	—	—	—	—	—	15,041	15,401	14,970	14,674

Promoter holding up 0.04 percentage points since Sep 2023.

12 deals · 17 Mar 2022 – 12 Jul 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
12 Jul 2024	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	2,30,895	₹57.48	₹1.33 Cr
12 Jul 2024	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	2,30,895	₹57.37	₹1.32 Cr
11 Sept 2023	MITTAL RIMPY	Bulk	NSE	Sell	2,09,824	₹35.56	₹0.75 Cr
11 Sept 2023	MITTAL RIMPY	Bulk	NSE	Buy	2,05,453	₹35.50	₹0.73 Cr
18 Jul 2023	MITTAL RIMPY	Bulk	NSE	Sell	2,52,231	₹31.39	₹0.79 Cr
18 Jul 2023	MITTAL RIMPY	Bulk	NSE	Buy	2,47,056	₹31.37	₹0.78 Cr
17 Jul 2023	MITTAL RIMPY	Bulk	NSE	Sell	2,34,173	₹30.95	₹0.72 Cr
17 Jul 2023	MITTAL RIMPY	Bulk	NSE	Buy	2,30,739	₹30.69	₹0.71 Cr
13 Jul 2023	MITTAL RIMPY	Bulk	NSE	Buy	2,97,827	₹29.85	₹0.89 Cr
13 Jul 2023	MITTAL RIMPY	Bulk	NSE	Sell	2,87,827	₹29.59	₹0.85 Cr

1–10 of 12

1 / 2

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Arunkumar Mahabirprasad JatiaNon-Executive - Non Independent Director-Chairperson related to Promoter
Mr. Dr. Ashok KumarNon-Executive - Non Independent Director
Mr. Tushya JatiaNon-Executive - Independent Director
Mr. Sudhir DuppaliwarNon-Executive - Independent Director
Mrs. Shilpa BhatiaNon-Executive - Independent Director
Ms. Megha GoelChief Financial Officer
Mr. Sahil DudaniCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Amj Land Holdings Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

20 announcementsExport CSV

28 Sept 2026, 12:30 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

22 Sept 2026, 4:46 pmAGM/EGM

Notice Of Postal Ballot - Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations').

AGM PDF

18 Sept 2026, 5:41 pmCompany Update

Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer

Resignation of Company Secretary / Compliance Officer PDF

3 Sept 2026, 12:02 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

2 Sept 2026, 9:22 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

10 Aug 2026, 4:54 pmCompany Update

Intimation Under Regulation 30 And Regulation 36(1)(B) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.

General PDF

3 Aug 2026, 3:09 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

1 Aug 2026, 5:15 pmCompany Update

Appointment of Company Secretary and Compliance Officer

Appointment of Company Secretary / Compliance Officer PDF

Date	Category	Subject	Filing
28 Sept 2026, 12:30 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
22 Sept 2026, 4:46 pm	AGM/EGM AGM	Notice Of Postal Ballot - Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations').

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Ratio	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	79.6%	48.4%	40%	39%	47.6%	44.3%	50.2%	50.7%
EBITDA margin %	14.5%	4.4%	11.2%	21.5%	24.7%	24.7%	34.9%	27.4%
EBIT margin %	7.8%	-6.4%	-5.3%	15%	19.5%	21.4%	32.5%	23.8%
PAT margin %	12.2%	57.2%	39.5%	31.4%	20.1%	20.4%	27.6%	29.2%
Working capital
Receivable days	25	—	6	88	12	13	19	7
Inventory days	2,170	—	1,599	820	1,129	529	249	369
Payable days	246	—	72	69	179	91	27	12
NWC days	1,950	—	1,533	838	963	451	242	364
Leverage
Current ratio	4.15	—	6.91	2.56	3.58	3.43	4.05	5.47
Debt to EBITDA	2.26	—	8.73	1.19	0.57	1.08	0	0
Debt to equity	0.1	—	0.1	0.05	0.03	0.08	0	0
Interest coverage	27.4	537	—	—	11.7	8.9	35.1	—
Asset turnover	0.2	—	0.08	0.16	0.2	0.25	0.29	0.21
Return ratios
Return on assets %	2.5%	—	3.3%	5.1%	3.9%	5%	8%	6.1%
Return on capital employed %	4.3%	—	5.5%	9.3%	7.3%	9%	15%	9.4%
Return on equity %	3.6%	—	3.9%	6.4%	4.9%	6.4%	9.4%	7.2%

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	4	10	-6	24	38	8
	-3	4	-1	-21	-5	-34
	-4	-5	-4	7	-18	-1
Net cash flow	-2	9	-11	11	15	-27
Free cash flow	4	9	-8	24	37	8
CFO / Operating profit %	313.5%	158.8%	-66%	170.8%	140.4%	57.1%

Amj Land Holdings Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

20

1

1

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

Investment · revenue

Amj Land Holdings Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Dividends20

Board meetings1

Stock splits1

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Investment · revenue

20

1

1