Arkade Developers reported a consolidated net profit of ₹5.29 crore for the financial year ended March 31, 2026, while standalone net loss for the fourth quarter widened to ₹108.35 crore due to an exceptional impairment charge. The Board of Directors approved the audited financial results at its meeting held on May 27, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also held an earnings conference call on May 27, 2026, to discuss the performance.

Q4 Standalone Financial Performance

On a standalone basis, the company posted a net loss of ₹108.35 crore for Q4FY26, compared to a net profit of ₹33.26 crore in Q4FY25. Revenue for the quarter stood at ₹200.59 crore, up from ₹134.25 crore in the previous year. The loss was primarily driven by an exceptional item of ₹182.17 crore, recognized as an impairment loss on the diminution in value of investment in Filmistan Private Limited following the demerger of its rental business. Consequently, the basic and diluted earnings per share (EPS) for the quarter stood at (₹5.84) compared to ₹1.96 in the previous year.

Full-Year Consolidated Performance

For the full financial year ended March 31, 2026, consolidated total revenue grew 19% to ₹828.16 crore from ₹694.60 crore in FY25. The company posted a consolidated net profit of ₹5.29 crore for the full year, a decline from ₹156.93 crore in the previous year, impacted by the exceptional impairment charge of ₹182.17 crore. Full-year profit before tax stood at ₹189.79 crore. The basic and diluted EPS for the year was ₹0.29, down from ₹9.25 in FY25.

Operational Highlights and Strategic Acquisition

The company achieved its highest-ever quarterly pre-sales of ₹303 crore in Q4FY26, a growth of 40% year-on-year. For the full year, pre-sales reached ₹901 crore, a 17% increase over the previous year. The area sold during FY26 stood at 3,15,000 square feet, up 27% year-on-year. Collections for FY26 were ₹728 crore, registering a 2% growth from ₹716 crore in FY25.

During the year, pursuant to the Scheme of Arrangement approved by the National Company Law Tribunal (NCLT), Filmistan Private Limited demerged its rental business along with tenancy rights of land at Goregaon and transferred it to Arkade Developers on a going concern basis from August 1, 2025. The transaction involved the outright acquisition of land for ₹165 crore and tenancy rights valued at approximately ₹182.6 crore. Post-demerger, the tenancy rights were merged into Arkade Developers, resulting in a one-time exceptional accounting impact of ₹182.17 crore. The company intends to develop a landmark uber-luxury residential project at this location with an expected GDV of ₹3500 crore and an estimated cumulative bottom-line contribution of ₹1000-1200 crores over the next 3-5 years.

Future Outlook

Management stated that the EBITDA margin is expected to stabilize around 27-28%, while the PAT margin is expected to stabilize at around 18-19%. The company has a pipeline of projects worth approximately ₹12,000 crores spread over the next 5-6 years and expects revenue growth of 20-25% year-on-year. Additionally, the company signed an MOU for securing rights for the cluster redevelopment of 9 societies at Ashok Nagar in Kandivali East, having an estimated RERA carpet area of 3.25 lakh square feet with a GDV projected at ₹1100 crores.

Arkade Developers has shared key financial projections for its Filmistan project, highlighting significant value creation potential over the medium term. The project is expected to achieve a Gross Development Value (GDV) of ₹3,500 crore, with a projected contribution of ₹1,000-₹1,200 crore to the company's bottom line over a 3-5 year horizon.

Filmistan Project: Key Financial Projections

The following table summarizes the key financial metrics disclosed for the Filmistan project:

The Filmistan project represents a notable development initiative for Arkade Developers, with the disclosed GDV of ₹3,500 crore underscoring the scale of the undertaking. The anticipated bottom-line contribution of ₹1,000-₹1,200 crore over the 3-5 year period reflects the project's expected financial impact on the company's overall profitability.