Arvind SmartSpaces
583.65
-2.35(-0.40%)
Market Cap₹2,677.03 Cr
PE Ratio26.30
IndustryRealty
Company Performance:
1D-0.40%
1M-1.79%
6M-3.97%
1Y-25.04%
5Y+480.17%
View Company Insightsright
More news about Arvind SmartSpaces
10Nov 25
Arvind SmartSpaces Reports Mixed Q2 Results, Achieves Strong Launch Success
Arvind SmartSpaces reported mixed Q2 FY26 results with revenue down 47.37% YoY to Rs. 140 crore and EBITDA down 62.65% to Rs. 31 crore. However, the company achieved a 147% sequential growth in bookings. The Arvind Everland project launch in Mankol was highly successful, selling 954 units worth Rs. 400 crore. The company maintains a debt-free balance sheet with negative net debt of Rs. 32 crore. Future plans include 4-5 project launches in H2, targeting Rs. 3,000 crore inventory to market, and entry into Vadodara with a Rs. 700 crore project.
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07Nov 25
Arvind SmartSpaces Announces Leadership Transition: Kulin Lalbhai Succeeds Sanjay Lalbhai as Chairman
Arvind SmartSpaces Limited (ASL) has announced a significant leadership change. Sanjay Lalbhai has stepped down as Chairman and Non-Executive Director, effective November 3, 2025. Kulin Lalbhai, previously Vice Chairman, has been appointed as the new Chairman. The transition is part of ASL's succession planning process. Sanjay Lalbhai cited the need for new leadership to guide the company's next growth phase. ASL, founded in 2008, has developed approximately 108 million square feet of real estate across India. Kulin Lalbhai expressed commitment to building on the strong foundation laid by his predecessor.
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03Nov 25
Arvind SmartSpaces Targets Growth with ₹700-Crore Baroda Township and Strong Q2 Performance
Arvind SmartSpaces Limited (ASL) launched a ₹700 crore township project in Baroda, marking strategic expansion. Q2 FY26 results show 147% QoQ increase in bookings value to ₹432 crore, 23% rise in collections to ₹236 crore, and 368% growth in net operating cash flows to ₹125 crore. Arvind Everland project in Ahmedabad achieved ₹400 crore in sales bookings. ASL maintains a robust development pipeline across Gujarat, Bangalore, and MMR, with unrecognized revenue at ₹3,124 crore. CEO Priyansh Kapoor highlighted healthy operational performance and strong brand equity.
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03Nov 25
Arvind SmartSpaces Reports 147% QoQ Growth in Bookings, Launches New Projects in Gujarat
Arvind SmartSpaces announced strong Q2 FY26 results with bookings up 147% QoQ to ₹432.00 Cr. Collections rose 23% to ₹236.00 Cr, and net operating cash flows increased 368% to ₹125.00 Cr. The company maintains a negative net debt of ₹(32.00) Cr. New project launches include Arvind Everland at Mankol, Sanand, with 954 units sold worth ₹400.00 Cr, and a ₹700.00 Cr township project in Vadodara spanning 98 acres.
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03Nov 25
Arvind SmartSpaces Issues Postal Ballot Notice for Director Appointments
Arvind SmartSpaces has formally notified stock exchanges about a postal ballot process seeking shareholder approval for two key director appointments. The company proposes Prashant Das, a real estate expert and IIM Ahmedabad professor, as Independent Director, and Punit S. Lalbhai, Vice Chairman of Arvind Ltd with expertise in sustainable technologies, as Non-Executive Director. Remote e-voting is scheduled from December 30, 2025 to January 28, 2026, with results expected by January 30, 2026.
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29Oct 25
Arvind SmartSpaces Expands to Vadodara with ₹700 Crore Horizontal Development Project
Arvind SmartSpaces Limited (ASL) has announced its entry into the Vadodara residential market with a large-scale horizontal development project on Ajwa Road, estimated at ₹700 crore. This marks ASL's 23rd project in Gujarat, aligning with their expansion strategy into high-potential markets. The joint development project aims to offer luxury living with nature connectivity. CEO Priyansh Kapoor expressed optimism about the expansion and plans for new projects across Gujarat, Bengaluru, and MMR.
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28Oct 25
Arvind SmartSpaces Bolsters Leadership: Dharmesh Vyas Appointed as Chief Operations Officer
Arvind SmartSpaces Limited has appointed Mr. Dharmesh Vyas as its new Chief Operations Officer (COO), effective October 28, 2025. Mr. Vyas brings over 30 years of experience in the real estate industry, having held senior leadership positions at companies like Adani Realty, Lodha Group, and Tata Housing. He has significant international experience in Dubai, Bahrain, Kuwait, and Maldives. Mr. Vyas will be responsible for strategic and operational planning, project management, procurement, and project deliveries, focusing on compliance, safety, quality, and customer satisfaction.
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22Sept 25
Arvind SmartSpaces Appoints New Chief Business Officers for West and South Regions
Arvind SmartSpaces Limited has announced significant changes to its senior management team. Sharvil Shah has been appointed as Chief Business Officer for the West region, and Manoj Chellani for the South region, effective September 22, 2025. Both executives bring extensive experience in real estate and other sectors. Their responsibilities include scaling business, driving profitability, leading various business functions, and overseeing project delivery in their respective regions.
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05Sept 25
Arvind SmartSpaces Boosts Stake in Ahmedabad East Infrastructure LLP
Arvind SmartSpaces Limited is increasing its partnership interest in Ahmedabad East Infrastructure LLP from 51.43% to 55.24%, and profit-sharing from 94.25% to 98.00%. The company is acquiring Arvind Infrabuild LLP's entire partnership interest for Rs. 7.10 crores in cash. The transaction aims to consolidate Arvind SmartSpaces' position in the real estate sector and is expected to complete within 30 days.
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05Aug 25
Arvind SmartSpaces Reports Strong Q1 Results, Appoints New CEO
Arvind SmartSpaces reported robust Q1 FY26 results with 37% YoY revenue growth to ₹102 crore, 205% EBITDA growth to ₹24.50 crore, and 159% PAT growth to ₹12 crore. The company appointed Priyansh Kapoor as CEO and Whole-Time Director. Bookings stood at ₹175 crore and collections at ₹191 crore. The company targets 30-35% growth, plans launches worth ₹3,000-4,000 crore across five projects, and aims to add new projects with ₹5,000 crore topline potential. Investment strategy allocates 40% each to Bangalore and Ahmedabad, and 20% to MMR. The company maintains a net cash position of ₹50 crore and expects unrealized operating cash flow exceeding ₹4,000 crore from the current pipeline.
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28Jul 25
Arvind SmartSpaces Soars: Q1 Revenue Jumps 37% to ₹1.02 Billion, Net Profit Quadruples
Arvind SmartSpaces, a leading real estate developer, has reported impressive Q1 financial results. Revenue increased by 37% year-over-year to ₹1.02 billion. Net profit quadrupled to ₹112.00 million, while EBITDA more than doubled to ₹215.00 million. The EBITDA margin expanded significantly from 12.32% to 21.10%, showcasing enhanced operational efficiency.
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24Jul 25
Arvind SmartSpaces Announces Q1 FY26 Results Conference Call
Arvind SmartSpaces Limited has scheduled a conference call on July 29, 2025, at 1:00 PM IST to discuss Q1 FY26 financial results. Key management participants include Vice Chairman Kulin Lalbhai, Managing Director Kamal Singal, CEO Priyansh Kapoor, and Head of Business Development MMR and Investor Relations Vikram Rajput. The call will be accessible via universal dial-in numbers and international toll-free numbers for USA, UK, Singapore, and Hong Kong. Arvind SmartSpaces, established in 2008, is a prominent real estate development company with projects across multiple Indian cities.
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22Jul 25
Arvind SmartSpaces Appoints Priyansh Kapoor as New CEO, Strengthening Leadership for Future Growth
Arvind SmartSpaces Limited (ASL) has appointed Priyansh Kapoor as its new Whole-time Director and CEO, effective August 9, 2025, for a five-year term. Kapoor, with over 15 years of real estate experience, previously served as CEO for the Mumbai Metropolitan Region at Godrej Properties Ltd. Kamal Singal, the current Managing Director and CEO, will continue as Managing Director and mentor the leadership team. This appointment is part of ASL's succession planning strategy to accelerate growth in its real estate business. ASL has expanded its operations across multiple territories under Singal's leadership.
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20May 25
Arvind SmartSpaces Ltd: Q4 Profit Up 23%, Recommends ₹6 Dividend
Arvind SmartSpaces has reported strong Q4 results with a 22.58% increase in net profit to ₹19.00 crore and a 38.84% rise in revenue to ₹163.00 crore. The company's full-year bookings grew by 15% to ₹1,271.00 crore. A final dividend of ₹6.00 per equity share has been recommended.
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26Mar 25
Arvind SmartSpaces Sells Out 200 Plots at Arvind The Park Launch, Booking Value Exceeds ₹180 Crore
Arvind SmartSpaces Limited (ASL) has successfully launched its latest project, Arvind The Park, in Devanahalli, Bengaluru. The company sold all 200 plots in the initial launch, generating a booking value exceeding ₹180 crore. The luxury residential plotted development features an executive-level golf course and premium amenities. Located near Bengaluru Airport, the project offers strategic access to key areas. This marks ASL's third plotted project in Devanahalli, following previous successes. Since entering the Bengaluru market in 2013, ASL has added 12 projects, with plans for further expansion.
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25Mar 25
Arvind SmartSpaces Sells Out 200 Plots at Arvind The Park Launch in Bengaluru
Arvind SmartSpaces Limited (ASL) has successfully launched its latest project, Arvind The Park, in Devanahalli, Bengaluru. All 200 plots in the initial phase were sold, generating over ₹180 crore in bookings. The luxury residential plotted development features an executive-level golf course and resort-style amenities. Located near Bengaluru Airport, the project offers Monogram by Arvind Lounges and Resorts membership and various high-end facilities. This marks ASL's third plotted project in Devanahalli, following Arvind Greatlands and Arvind Orchards. The company plans to launch Arvind Orchards Phase 2 and a high-rise project at Bannerghatta in upcoming quarters.
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Arvind SmartSpaces
583.65
-2.35
(-0.40%)
1 Year Returns:-25.04%
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