Arkade Developers Limited, a prominent real estate developer in Mumbai, has reported a strong financial performance for the second quarter of fiscal year 2026, with significant growth in revenue and ambitious plans for future project launches.

Financial Highlights

The company's Q2 FY26 financial results showcase robust growth:

The company's performance demonstrates strong revenue growth, with a 30% year-on-year increase. While EBITDA and profit after tax showed more modest growth, the EBITDA margin remained healthy at 24%.

Operational Performance

Arkade Developers achieved notable operational milestones in Q2 FY26:

• Pre-sales of ₹331.00 crores
• Area sold: 1.1 lakh square feet (up 4% year-on-year)
• Collections: ₹320.00 crores (7% year-on-year growth)

Strategic Developments

The company has made significant strides in expanding its project portfolio:

1. Acquisition in Bhandup West: Arkade Developers entered into a share purchase agreement to acquire 100% shareholding in Woolen and Textile Industries Limited for ₹148.00 crores. This acquisition includes a land parcel of 14,363 sq m with a potential Gross Development Value (GDV) of ₹1,000.00 crores.

2. Metro Station Branding: Secured naming rights for Bangur Nagar Metro Station at Goregaon West, now known as Arkade Bangur Nagar, reinforcing the company's presence in the Malad-Goregaon belt.

3. Project Completions: Four residential projects - Arkade Adornia, Arkade Aspire, Arkade Serene, and Arkade Jayshree - have been completed and sold out.

Future Outlook

Arkade Developers has outlined an ambitious growth strategy for the coming years:

• FY26 Completions: Two ongoing projects, Arkade Pearl at Vile Parle and Arkade Eden at Malad, are scheduled for completion this fiscal year.

• FY27 Launch Pipeline: The company plans to launch 6-7 new projects in FY27, with a combined potential sales value exceeding ₹8,000.00 crores.

• H1 FY27 Launches: Three projects are confirmed for launch in the first half of FY27 - one each in Santacruz, Bangur Nagar, and Malad West Liberty Gardens.

Management Commentary

Amit Jain, Chairman and Managing Director of Arkade Developers, expressed optimism about the company's future, stating, "We remain confident and well-positioned for accelerated growth, driven by a robust pipeline of strategic acquisitions, high-value redevelopment projects, and future-ready Greenfield developments."

The management emphasized their execution-first philosophy, focusing on efficient project delivery and faster revenue recognition.

Market Outlook

The real estate sector in India, particularly in mature markets like Mumbai, is experiencing a shift towards premium housing. Arkade Developers is well-positioned to capitalize on this trend, with a strategic focus on the Mumbai Metropolitan Region (MMR).

As the company moves forward with its ambitious launch plans and strategic land acquisitions, investors and market watchers will be keenly observing Arkade Developers' ability to maintain its growth trajectory and operational efficiency in the dynamic real estate market of Mumbai.

Arkade Developers , a prominent real estate developer, has announced strong financial results for the quarter and half year ended September 30, 2025, along with several strategic business decisions.

Financial Highlights

Arkade Developers reported a robust revenue from operations of Rs 26,154.33 lakhs for the quarter, with a corresponding profit of Rs 4,466.58 lakhs. For the six-month period, revenue reached Rs 42,098.91 lakhs, accompanied by a profit of Rs 7,342.11 lakhs.

Strategic Developments

New Subsidiary Approval

The Board has approved the incorporation of a wholly owned subsidiary focused on facility management services.

Acquisition

During the quarter, Arkade Developers acquired 100% shares in Filmistan Private Limited for Rs 170 crores, making it a wholly owned subsidiary.

Demerger Scheme

The Board approved a demerger scheme for Filmistan's rental business and tenancy rights into Arkade Developers. This scheme was filed with the National Company Law Tribunal (NCLT) on October 9, 2025.

IPO Proceeds Utilization

The company's Initial Public Offering (IPO) raised Rs 38,106.50 lakhs. As of the latest report:

• Utilized: Rs 33,164.90 lakhs
• Remaining: Rs 4,941.60 lakhs (temporarily invested in fixed deposits)

The increase in net profit and revenue demonstrates Arkade Developers' performance in its core business operations. The strategic moves, including the new subsidiary formation and the acquisition of Filmistan Private Limited, suggest that the company is pursuing growth and diversification opportunities.