Arkade Developers files FY26 BRSR report with ₹350.01 lakh CSR spend

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Arkade Developers filed its FY26 BRSR report disclosing a turnover of ₹81,608.81 lakh
  • CSR spending reached ₹350.01 lakh, exceeding the statutory requirement under Section 135
  • Scope 2 greenhouse gas emissions doubled to 1,116.06 metric tonnes despite a drop in Scope 1
  • Total energy consumption from non-renewable sources rose to 5,807.417 GJ year-on-year
  • The company employed 262 permanent staff with zero lost-time injuries reported
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Arkade Developers submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to the Bombay Stock Exchange and National Stock Exchange on August 27, 2026. The filing outlines the company’s environmental, social, and governance metrics alongside its corporate social responsibility performance for the financial year ended March 31, 2026.

The Mumbai-based real estate developer reported a turnover of ₹81,608.81 lakh and a net worth of ₹88,212.25 lakh during the reporting period. These figures triggered the applicability of Section 135 of the Companies Act, 2013, mandating the disclosure of CSR activities. The company’s paid-up capital stood at ₹18,566.36 lakh as of the end of the financial year.

Sustainability and Environmental Metrics

Arkade Developers disclosed significant environmental data points in its standalone report. Total energy consumption from non-renewable sources rose to 5,807.417 GJ in FY26, up from 2,761.58 GJ in the previous year. This increase coincided with a rise in water withdrawal from third-party sources to 53,480.5 kilolitres, compared to 45,463.1 kilolitres in FY25. The company noted that water is primarily sourced through authorized tanker suppliers for construction activities such as concrete batching and dust suppression.

Greenhouse gas emissions also saw a shift in composition. Scope 1 emissions dropped sharply to 21.977 metric tonnes of CO2 equivalent, down from 175.556 metric tonnes in FY25. However, Scope 2 emissions nearly doubled to 1,116.06 metric tonnes, resulting in a combined total of 1,138.04 metric tonnes for FY26. Waste generation increased to 13,908.53 metric tonnes, driven largely by construction and demolition waste.

Corporate Social Responsibility Initiatives

The company exceeded its statutory CSR spending target with an outlay of ₹350.01 lakh. Key beneficiaries included Tata Memorial Hospital for cancer patient treatment and the National Association of Blind for educational support. A major initiative through The Sajjan Jain Support Trust benefited over 1.5 lakh individuals, primarily construction workers and underserved communities, through food distribution, health support, and hydration drives.

Workforce and Governance

Arkade employed 262 permanent staff members, with women comprising 23.28% of the workforce. The company reported zero lost-time injuries for both employees and workers. However, it recorded nine total recordable work-related injuries among contractual workers, an increase from four in the prior year. The board includes one female director, representing 16.67% of the total membership.

What the Numbers Show

The divergence between Scope 1 and Scope 2 emissions highlights a structural shift in the company’s carbon footprint. While direct fuel-based emissions (Scope 1) fell by over 87%, indirect emissions from purchased electricity (Scope 2) surged by more than 116%. This suggests that operational energy intensity at project sites may be rising faster than direct fuel consumption declines, warranting closer monitoring of grid electricity usage efficiency in future reporting periods.

Historical Stock Returns for Arkade Developers

1 Day5 Days1 Month6 Months1 Year5 Years
-0.32%-2.01%-10.32%+12.37%-30.72%0.0%

What specific strategies is Arkade Developers implementing to mitigate the 116% surge in Scope 2 emissions from purchased electricity in upcoming fiscal years?

How does the company plan to address the rising trend of recordable work-related injuries among contractual workers despite maintaining zero lost-time injuries for permanent staff?

Given the significant increase in water withdrawal and waste generation, what new infrastructure or technologies will Arkade invest in to improve resource efficiency on construction sites?

Arkade Developers receives occupation certificate for Vile Parle residential project

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Reviewed by
Ritika DScanX News Team
Key Highlights
  • Arkade Developers has received the Occupation Certificate for its residential project in Vile Parle.
  • The certificate confirms the project was completed as planned and meets regulatory requirements for habitation.
  • The development is located in Vile Parle and is classified as a residential project.
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Arkade Developers has received the Occupation Certificate for its residential project in Vile Parle, marking the completion of the development as planned.

Project completion milestone

The issuance of the Occupation Certificate signifies that the Vile Parle residential project has met the requisite regulatory and construction standards required for habitation. The certificate serves as official confirmation that the project has been completed in accordance with the approved plans.

Detail Information
Developer Arkade Developers
Project type Residential
Location Vile Parle
Milestone Occupation Certificate received
Status Completed as planned

Historical Stock Returns for Arkade Developers

1 Day5 Days1 Month6 Months1 Year5 Years
-0.32%-2.01%-10.32%+12.37%-30.72%0.0%

How might the completion of this Vile Parle project influence Arkade Developers' upcoming pipeline and capital allocation strategy?

What impact will the immediate availability of these units have on rental and resale prices in the Vile Parle micro-market?

Are there any pending regulatory approvals or handover processes that could delay actual possession for homebuyers despite the Occupation Certificate?

More News on Arkade Developers

1 Year Returns:-30.72%