Arvind SmartSpaces posts record FY26 bookings of Rs. 1,550 crore, up 22%

5 min read     Updated on 18 Aug 2026, 04:24 PM
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Arvind SmartSpaces Limited filed its FY26 Annual Report, reporting record bookings of Rs. 1,550 crore (up 22% YoY), consolidated revenue from operations of Rs. 56,405.23 lakh, and net profit of Rs. 10,341.32 lakh. The board recommended a ₹2.25 per share final dividend with August 28, 2026 as the record date, and the 18th AGM is scheduled for September 11, 2026. The company added projects with an estimated Rs. 3,140 crore topline potential during the year and appointed Walker Chandiok & Co LLP as new statutory auditors following the completion of S R B C & Co LLP's maximum permissible tenure.

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Arvind SmartSpaces Limited submitted its Annual Report for the financial year 2025-26 to BSE Limited and the National Stock Exchange of India on August 18, 2026, pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, dispatched electronically to shareholders, covers the company's operational and financial performance for the year ended March 31, 2026, and includes the notice convening the 18th Annual General Meeting scheduled for Friday, September 11, 2026.

Record Operational Performance

The company achieved its highest-ever annual booking value of Rs. 1,550 crore, reflecting a 22% year-on-year growth, driven by sustained demand across its existing portfolio and strong traction from new project launches. New projects contributed nearly 60% of annual bookings, amounting to approximately Rs. 930 crore. Collections during the year stood at a record Rs. 1,100 crore, up 17% year-on-year, supported by disciplined project execution and timely receivables. Net operating cash flows for the year were Rs. 417 crore, compared to Rs. 351 crore in the previous year.

Key project launches during the year included Arvind Skycrest in Bannerghatta, Bengaluru, which recorded bookings of 164 units worth Rs. 262 crore, representing 53% of inventory within a week of launch; Arvind Greenfields in Ajwa Road, Vadodara, with 323 units worth Rs. 178 crore (42% of launched inventory); and Arvind Everland in Mankol, Ahmedabad, with 1,112 units worth Rs. 461 crore (90% of launched inventory). Sustenance sales contributed over Rs. 600 crore to total bookings.

Financial Highlights for FY26

The following table presents the key financial metrics for the year ended March 31, 2026, on both standalone and consolidated bases.

Metric: Standalone (₹ lakh) Consolidated (₹ lakh)
Revenue from operations: 23,787.48 56,405.23
EBITDA: 9,031.16 17,232.56
Net Profit: 4,594.47 10,341.32
Basic EPS (₹): 10.02 21.04
Diluted EPS (₹): 9.98 20.95

On a standalone basis, revenue from operations grew to Rs. 23,787.48 lakh from Rs. 12,483.36 lakh in the previous year, with EBITDA margin expanding to 38% from 25%. Net profit attributable to equity holders on a consolidated basis stood at Rs. 9,644.35 lakh. The consolidated net debt-to-equity ratio increased to 0.26 as of March 31, 2026, from (0.04) a year earlier, reflecting debt deployed for new project acquisitions, while remaining well within the company's stated ceiling of 1.0x.

Business Development and Portfolio Expansion

During FY26, the company added projects with an estimated cumulative topline potential of approximately Rs. 3,140 crore across Ahmedabad, Bengaluru, Vadodara, and the Mumbai Metropolitan Region (MMR). Key additions included:

  • A premium residential high-rise project in Vastrapur, Ahmedabad, with a topline potential of approximately Rs. 400 crore and saleable area of 3.6 lakh sq. ft.
  • A premium residential high-rise project in Nallurahalli, Whitefield, Bengaluru, with a topline potential of approximately Rs. 550 crore and saleable area of approximately 4.6 lakh sq. ft.
  • Two premium residential high-rise projects in Bengaluru: one in Sarjapur with a topline potential of approximately Rs. 860 crore and saleable area of approximately 6.8 lakh sq. ft., and one in Nagondanahalli, Whitefield, with a topline potential of approximately Rs. 330 crore and saleable area of approximately 2.5 lakh sq. ft.
  • The company's first society redevelopment project in Santacruz, Mumbai, with an estimated topline potential of approximately Rs. 300 crore.
  • Entry into Vadodara with a horizontal township project under the joint development model, with an estimated topline potential of approximately Rs. 700 crore.

As of March 31, 2026, the company had completed 9.8 Mn Sq. Ft. of development, with 57.9 Mn Sq. Ft. under ongoing projects and 29.9 Mn Sq. Ft. in the planned pipeline. Unrecognised revenue stood at Rs. 3,733 crore, up from Rs. 2,778 crore in the previous year, providing strong earnings visibility.

Dividend and AGM Details

The board recommended a final dividend of ₹2.25 per equity share of face value ₹10 each for FY26, marking the fourth consecutive year of dividend distribution. The dividend, if approved at the 18th AGM, will involve a cash outflow of approximately Rs. 1,032.01 lakh. The record date for dividend entitlement is Friday, August 28, 2026. With effect from November 18, 2025, dividends are processed only in electronic mode, with payment warrants discontinued as per SEBI guidelines.

The 18th AGM is scheduled for Friday, September 11, 2026, at 11:00 am via Video Conference/Other Audio Visual Means, with the deemed venue at the company's registered office in Ahmedabad. Remote e-voting will be available from 9:00 am on September 8, 2026, until 5:00 pm on September 10, 2026. The cut-off date for voting eligibility is September 4, 2026.

Auditor Appointment and Governance

M/s. S R B C & Co LLP resigned as statutory auditors after completing the maximum permissible term of 10 consecutive years (FY17 to FY26). The board appointed M/s. Walker Chandiok & Co LLP (ICAI Firm Registration No.: 001076N/N500013) to fill the casual vacancy with effect from August 7, 2026. Shareholders are being asked to ratify this appointment and approve Walker Chandiok's continuation for a term of five consecutive years from the conclusion of the 18th AGM until the conclusion of the 23rd AGM in 2031. The proposed remuneration for Walker Chandiok is Rs. 40 lakh for FY27, exclusive of applicable taxes and out-of-pocket expenses.

During FY26, the company underwent a planned leadership transition. Priyansh Kapoor was appointed as Managing Director and Chief Executive Officer with effect from February 10, 2026, while Kamal Singal was re-designated as Whole-time Director (Strategy and Investments). Kulin S. Lalbhai assumed the role of Chairman with effect from November 3, 2025. The company also strengthened its senior leadership bench with appointments of a new Chief Financial Officer, Chief Operating Officer, and city-level Chief Business Officers across Ahmedabad, Bengaluru, and the Mumbai Metropolitan Region.

The company holds an AA-/Stable long-term credit rating from India Ratings and Research, reflecting consistent operating performance and sound financial discipline. As of March 31, 2026, the company had a market capitalisation of Rs. 2,304 crore and a workforce of 536 employees.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE034S01021/9254ce3e-4099-477f-b286-979dbc52a565.pdf

Historical Stock Returns for Arvind SmartSpaces

1 Day5 Days1 Month6 Months1 Year5 Years
-0.72%+1.00%+10.50%+20.47%+11.70%+441.54%

How will the leadership transition to Priyansh Kapoor as MD & CEO impact Arvind SmartSpaces' strategic focus on premium segments and new city expansions?

Given the 6x increase in standalone revenue, what specific operational efficiencies or margin pressures might emerge as the company scales its project portfolio?

What are the potential risks associated with the increased net debt-to-equity ratio of 0.26, and how does the company plan to service this debt while maintaining its AA-/Stable credit rating?

Arvind SmartSpaces to address investors at Equirus India Growth Summit in Mumbai

1 min read     Updated on 11 Aug 2026, 03:25 PM
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Arvind SmartSpaces Limited announced its participation in the Equirus India Growth Summit in Mumbai on August 14, 2026. The disclosure, filed under SEBI LODR Regulation 30, aims to facilitate investor engagement. The event schedule remains subject to change based on operational exigencies.

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arvind smartspaces will participate in the Equirus India Growth Summit in Mumbai on August 14, 2026. The company disclosed the engagement schedule to the stock exchanges on August 11, 2026, providing investors with an opportunity to interact with management regarding business updates and strategic outlook. This participation aligns with standard corporate communication practices aimed at enhancing transparency and investor awareness.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates timely and accurate dissemination of material information to prevent information asymmetry between listed companies and their stakeholders. By notifying the exchanges in advance, Arvind SmartSpaces ensures that all market participants have equal access to details about upcoming investor interactions.

The event is scheduled for a single day, with no specific time slot mentioned in the filing. The company noted that the schedule may be subject to change due to exigencies on the part of investors or the company. Such flexibility allows management to adjust engagements based on operational priorities or unexpected developments while keeping the market informed of any significant alterations.

Event Details

Parameter Detail
Event Name Equirus India Growth Summit
Date August 14, 2026
Location Mumbai
Disclosing Entity Arvind SmartSpaces Limited
Regulatory Basis SEBI LODR Regulation 30

Prakash Bhogibhai Makwana, Company Secretary of Arvind SmartSpaces Limited, signed the intimation letter submitted to both BSE Limited and National Stock Exchange of India Limited. The submission confirms the company’s adherence to listing obligations and its commitment to maintaining open channels of communication with the investment community. No specific topics or presentations were outlined in the initial disclosure.

Regulatory Compliance

The filing references Security Code 539301 and Security ID ARVSMART for identification purposes on the exchanges. The notice serves as a pre-event disclosure rather than a post-event outcome report. Investors are advised to monitor subsequent filings for any transcripts or summaries of discussions held during the summit, if provided by the company. The absence of detailed agenda items suggests the interaction may involve general Q&A sessions or overview presentations typical of such growth summits.

Historical Stock Returns for Arvind SmartSpaces

1 Day5 Days1 Month6 Months1 Year5 Years
-0.72%+1.00%+10.50%+20.47%+11.70%+441.54%

How might management's comments on strategic outlook at the summit influence Arvind SmartSpaces' near-term stock valuation and investor sentiment?

Will the company announce any new project launches, land acquisitions, or revenue guidance during the Equirus India Growth Summit?

What specific challenges in the Indian real estate sector does Arvind SmartSpaces plan to address in its upcoming investor interactions?

More News on Arvind SmartSpaces

1 Year Returns:+11.70%