AMJ Land Holdings Ltd

AMJ Land Holdings Ltd. – Company Report


1. Company Overview


AMJ Land Holdings Ltd., originally incorporated in 1964 as Pudumjee Pulp & Paper Mills, is a diversified Indian enterprise based in Mumbai, Maharashtra. The company emerged with a focus on specialty papers but has since restructured into a core business model centered around real estate development, property leasing, and wind power generation. The current management has redirected the company toward value creation in real estate and renewable energy, leading to a prominent presence in the Pune region and the Western Indian market.

AMJ Land Holdings is listed on Indian stock exchanges and is a near debt-free entity with a robust track record of profit growth and prudent capital management. Its operations extend through wholly owned subsidiaries dedicated to real estate projects and investment holdings.

  • Incorporated: 1964
  • Headquarters: Mumbai, Maharashtra, India
  • Managing Director: Senior professional leadership under the Jatia Group
  • Main Operations: Real estate development and leasing, wind power
  • Market Capitalization (July 2025): ~₹254 crore
  • Core Locations: Pune (Maharashtra), Mumbai
  • Exchange Listing: BSE, NSE

2. Products and Services


AMJ Land Holdings concentrates on two key business verticals:

  • Real Estate Development and Leasing:

    • Residential and commercial property development in Pune, Maharashtra
    • Core project: “GREENS,” a joint venture residential venture with seven towers and around 700 flats over 12 acres (approximately 1 million sq.ft. of saleable area)
    • “GREEN VILLE” project in progress: residential-cum-commercial complex with about 200,000 sq.ft. saleable area
    • Leasing and management of high-value real estate assets for recurring rental income
    • Investment in joint ventures and associated real estate companies
  • Wind Power Generation:

    • Operates three wind power plants located in Satara and Sangli, Maharashtra
    • Combined generation capacity: 4.6 MW
    • Power generation is sold to the Maharashtra state grid, contributing to the company’s commitment to sustainability and steady annuity income

The company has demerged its specialty paper manufacturing business (as of January 2016), focusing squarely on real estate and renewable energy-related activities. AMJ Land maintains a culture of innovation and entrepreneurship, enabling ongoing value creation for shareholders.


3. Recent News and Financial Performance


Business Developments:

  • The company continues to advance and monetize its large-scale real estate projects, with the "GREENS" and "GREEN VILLE" projects in Pune progressing on schedule.
  • Wind power generation remains a key focus area, providing resilient cash flows and supporting its sustainable growth initiatives.
  • AMJ Land Holdings maintains an almost debt-free status and has been rewarded for operational efficiency and prudent investment strategy.
  • The company recently reported stronger leasing activity and higher occupancy in its commercial properties.

4. Financial Performance (FY2025):


Metric Value
Net Sales (FY2025) ₹78 crore
Net Profit (FY2025) ₹21 crore
Basic EPS ₹4.99
Operating Profit Margin 35%
Return on Equity (ROE) 10%
Dividend Not declared

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales3.263.64
EV / EBITDA6.416.13
Debt / Equity00.65
ROE %10.0819.45
ROCE %15.720.35
P / B1.124.19
Div Yld %0.320.18
P/E12.3726.91
OPM %34.9322.29
Qtr Sales Growth YOY %216.2558.28
Qtr Profit Growth YOY %123.1384.21
ROA LAST 12M %8.598.13
Prom. Hold. %65.967.35
Sales 3Yrs CAGR %39.3697.5
Sales 5Yrs CAGR %35.3114.91
Profit 3Yrs CAGR %33.29164.74
Profit 5Yrs CAGR %23.830.16

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