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ARVSMART · Arvind SmartSpaces Ltd · Construction Services

ARVSMART · Arvind SmartSpaces Ltd · Construction Services

₹611.8+2.3%

As of 05 Nov close

52-week range

52wk low ₹486.852wk high ₹707.85

13.6% below 52-week high

52-week range: as of 05 Nov 2026 close.

Price chartDaily closes on the stock page.

Stock Condition:Pro

Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.

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Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old

Revenue growth acceleratingOperating margin above its own average

Revenue (latest Q)

₹318 Cr

Revenue YoY

PAT YoY

+785.6%

Operating margin

Revenue, last 8 quarters

P/E (TTM)

P/B

4

P/S (TTM)

3.5

Sector P/E

14.4

Dividend yield

+0.4%

CompanyP/EP/BNet marginROED/EDiv. yield
ARVSMART (this stock)14.94+23.6%+28.4%0.9+0.4%
DLF34.53.5+65.8%+9.8%0.01+1.2%
Lodha Developers23.14.6+22.7%+17.7%0.42+0.4%
Indus Towers14.42.4+21.8%+17.3%0.52+3.6%

Promoter

stable

FII

stable

MF

6.90% (+0.33pp)

rising 3q

Insider trades

No insider trades in the last 12 months.

Bulk/block deals

canonicalSymboldatebuy quantitybuyer countdeal strengthdeal types present
ARVSMART2026-09-235289362WEAKBULK
ARVSMART2026-08-078532362WEAKBULK

News timeline

Concalls & investor presentations

AI-generated
Concall transcriptPositive14 Aug 2026
View source filing →

Key takeaway: On August 7, 2026, Arvind SmartSpaces Limited held its Q1 FY27 earnings conference call, where management reported a strong start to the financial year with presales of INR 432 crores, reflecting a 147% year-on-year growth. The Chairman, Kulin Lalbhai, highlighted the highest quarterly gross development value (GDV) booked and a healthy construction growth rate. Management noted positive macroeconomic trends in India, including infrastructure investment and urbanization, which support the residential real estate sector. The company achieved a long-term credit rating upgrade to AA- from India Ratings, enhancing its financial flexibility. CFO Priyansh Kapoor detailed a revenue increase to INR 318 crores from INR 102 crores year-on-year, with profit after tax rising to INR 97 crores. The company maintained its guidance for FY27, aiming for a bookings growth of 35% to 40% and business development of INR 4,000 crores to INR 5,000 crores. The call concluded with a Q&A session addressing various operational and financial queries.

Management emphasized strong growth and positive market conditions.

Sourced from an exchange-filed transcript, dated 14 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.

Investor presentationPositive07 Aug 2026
View source filing →

Key takeaway: The investor presentation for Arvind SmartSpaces Limited for Q1 FY27 reported significant growth in key financial metrics. Quarterly bookings reached ₹432 crore, reflecting a 147% year-over-year increase, while collections rose to ₹336 crore, up 76% YoY. The presentation highlighted strong operational cash flow of ₹81 crore, compared to ₹27 crore in the previous year. Revenue for the quarter was reported at ₹318 crore, a substantial increase from ₹102 crore YoY, with adjusted EBITDA at ₹152 crore versus ₹25 crore in the prior year. The company also noted an upgrade in its long-term credit rating to AA-/Stable from A+/Stable. Management emphasized a robust project portfolio, with ongoing and planned projects contributing to a topline potential of approximately ₹2,580 crore for the quarter. The document outlined the company's asset-light development model and focused geographies, primarily in Gujarat, Bengaluru, and the Mumbai Metropolitan Region.

Management emphasized strong growth in bookings and financial performance.

Sourced from an exchange-filed presentation, dated 07 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.

Concall transcriptPositive29 May 2026
View source filing →

Key takeaway: On May 21, 2026, Arvind SmartSpaces Limited held a conference call to discuss its Q4 and FY26 results. Management reported that FY26 was a landmark year, achieving record bookings of INR 1,550 crores, a 22% year-on-year growth. New launches contributed significantly, with Bengaluru being a key growth engine. The company launched projects in Bengaluru and Vadodara, achieving strong initial bookings. Financially, FY26 revenues were INR 564 crores, with a PAT of INR 103 crores. The company maintained healthy profitability margins and reported strong cash flows. Management highlighted a robust project pipeline and set a goal of INR 4,000 to INR 5,000 crores for business development in FY27. They expressed confidence in sustaining growth momentum and creating long-term value for shareholders, despite challenges in the market. The call concluded with management inviting further questions from analysts and investors.

Management emphasized strong performance and growth opportunities.

Sourced from an exchange-filed transcript, dated 29 May 2026. Summary is RedixFi-generated and distinct from investment advice.

Investor presentationPositive20 May 2026
View source filing →

Key takeaway: The investor presentation for Arvind SmartSpaces Limited for Q4 and FY26 reported significant operational and financial achievements. The company recorded its highest-ever booking value of Rs. 1,550 crore, reflecting a 22% year-over-year increase, with Q4 bookings reaching Rs. 612 crore, up 61% YoY. New launches in various micro markets contributed approximately 60% of the total booking value. Collections also reached a record high of Rs. 1,100 crore for the year, marking a 17% increase, with Q4 collections at Rs. 355 crore, up 65% YoY. The presentation highlighted a healthy operating cash flow of Rs. 417 crore for FY26, up 24% YoY. Additionally, the company announced a final dividend of Rs. 2.25 per equity share. The document emphasized the company's strategic expansion and strong project pipeline, including new residential projects in Mumbai and Bengaluru.

The presentation highlighted strong growth in bookings and collections, indicating positive performance.

Sourced from an exchange-filed presentation, dated 20 May 2026. Summary is RedixFi-generated and distinct from investment advice.

Concall transcriptMixed18 Feb 2026
View source filing →

Key takeaway: The earnings conference call of Arvind SmartSpaces Limited on February 11, 2026, discussed the company's Q3 and 9M FY26 results. Management reported a strong performance with 9M bookings increasing by 5% year-on-year to Rs. 938 crore and quarterly bookings rising by 48% year-on-year to Rs. 331 crore. The company highlighted its highest-ever 9M collections of Rs. 744 crore, up 2% year-on-year, and quarterly collections of Rs. 317 crore, a 38% increase year-on-year. Management noted a robust project pipeline with new developments in Bengaluru, Ahmedabad, and Vadodara, contributing to a topline potential of approximately Rs. 2,510 crore. The leadership transition was also addressed, with Priyansh Kapoor taking over as Managing Director. Financial highlights included a revenue of Rs. 409 crore for 9M FY26, down from Rs. 550 crore the previous year, and a PAT of Rs. 59 crore compared to Rs. 97 crore last year. The management emphasized a focus on cash flow and operational efficiency.

The management reported strong sales and collections but also noted a decline in revenue and PAT.

Sourced from an exchange-filed transcript, dated 18 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.

Investor presentationPositive10 Feb 2026
View source filing →

Key takeaway: The investor presentation for Q3 FY26 reported that Arvind SmartSpaces achieved its highest ever 9M bookings value of Rs. 938 Cr, reflecting a 5% year-over-year increase. The quarterly bookings value reached Rs. 331 Cr, up 48% YoY, driven by strong sales in Ahmedabad and Bengaluru projects. Collections for the first nine months totaled Rs. 744 Cr, a 2% YoY increase, with Q3 collections at Rs. 317 Cr, up 38% YoY. The presentation highlighted a healthy operating cash flow of Rs. 321 Cr for 9M FY26, up 16% YoY, and a significant increase in Q3 OCF to Rs. 169 Cr, up 128% YoY. New business developments included several premium residential projects in Bengaluru and Ahmedabad, contributing to a cumulative topline potential of approximately Rs. 2,510 Cr for the year. The document emphasized the company's strategic focus on residential development and its diversified geographical presence.

Management highlighted strong growth in bookings and collections, indicating positive operational performance.

Sourced from an exchange-filed presentation, dated 10 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.

AI Summary of Annual Report

AI-generated
FY2025-26377 pages

Arvind SmartSpaces Limited's FY2025-26 annual report highlights strategic focus on institutionalisation, asset-light expansion, and ESG integration. The company emphasizes strengthening its market position through disciplined capital allocation, expanding its project pipeline across key cities, and enhancing customer experience through digital innovation and service standardization. The report underscores long-term growth opportunities in India's residential real estate sector, driven by structural tailwinds and increasing demand for branded, transparent developers.

  • Strategic institutionalisation to scale operations through systems, processes, and protocols.
  • Management has stated an asset-light expansion with a 60-70% joint development mix and disciplined risk management.
  • Integration of ESG considerations into governance and operations, including a dedicated ESG Committee.
  • Expansion into new cities and asset types, including Vadodara and Mumbai's first apartment project.
  • Digital transformation initiatives in finance, procurement, and customer engagement to improve efficiency and responsiveness.

Key takeaway: Arvind SmartSpaces is prioritizing institutionalisation, asset-light growth, and ESG integration to capitalize on India's residential real estate opportunities while managing risks through disciplined capital allocation and operational efficiency.

The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.

Filed with NSE · 18 Aug 2026View source filing →

Governance disclosures

AI-generated

Needs attention

Default / Covenant Breach (1 item)

Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.

Default / Covenant Breach

1 occurrence

Earlier (1-3 years ago)

Annual Report15 Jul 2025 (FY2024-25)
View source filing →

The company has outstanding statutory dues under various tax acts, including income tax and goods and services tax, with amounts ranging from Rs. 19.54 lakh to Rs. 5,888.14 lakh, pending resolution in different forums.

Routine disclosures

Contingent Liability

5 occurrences

Recent (last 12 months)

Annual Report18 Aug 2026 (FY2025-26)· 2 passages
View source filing →

The company has a contingent liability of Rs. 247.30 Lakhs disputed by the Department of Goods and Service Tax & Karnataka VAT, pending adjudication and sub-judice.

Earlier (1-3 years ago)

Annual Report15 Jul 2025 (FY2024-25)· 2 passages
View source filing →

The company has contingent liabilities of Rs. 74.05 Lakh from disputed income tax claims and Rs. 247.30 Lakh from disputed GST and VAT claims, both pending adjudication by authorities.

Annual Report27 Jun 2024 (FY2023-24)· 3 passages
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The company has contingent liabilities of Rs.597.27 Lac (as of March 31, 2024) related to disputed income tax claims made by the Department of Income Tax, which have not been recognized as liabilities in the books of account.

Older (3+ years ago)

Annual Report07 Jul 2023 (FY2022-23)· 3 passages
View source filing →

As of 31 March 2023, the company has a contingent liability related to disputed demands in respect of income tax, indirect tax (TDR), and indirect tax (VAT), with amounts not recognized in the books of account.

Annual Report19 Jul 2022 (FY2021-22)· 2 passages
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The company has disputed demands from the Department of Income Tax amounting to ₹528.80 Lacs and from the Department of Goods and Service Tax & Karnataka VAT amounting to ₹249.66 Lacs, which are pending adjudication and not recognized as liabilities in the financial statements.

Related-Party Transaction

2 occurrences

Recent (last 12 months)

Annual Report18 Aug 2026 (FY2025-26)· 6 passages
View source filing →

Arvind SmartSpaces Limited has multiple related party transactions with entities such as Arvind Five Homes LLP, Ahmedabad East Infrastructure LLP, Arvind Infracon LLP, and others, involving reimbursements of expenses, sale and purchase of construction materials, and interest income from limited liability partnerships.

Older (3+ years ago)

Annual Report07 Jul 2023 (FY2022-23)
View source filing →

The company refers to Note 39 for details of related party transactions.

Statutory dues in dispute

3 occurrences

Recent (last 12 months)

Annual Report18 Aug 2026 (FY2025-26)Disputed tax/statutory dues under appeal, not a loan default
View source filing →

The company has outstanding Goods and Services Tax dues under dispute with various authorities, including the GST Appellate Tribunal (Karnataka) and Assistant Additional Director - Directorate General of GST Intelligence, for the periods PY 2017-18 and PY 2018-19.

Earlier (1-3 years ago)

Annual Report27 Jun 2024 (FY2023-24)Disputed tax/statutory dues under appeal, not a loan default
View source filing →

The company has outstanding statutory dues for income tax and goods and services tax for various periods (2011-12 to 2018-19) with disputes pending before authorities including ITAT, CIT(A), and various GST departments.

Older (3+ years ago)

Annual Report07 Jul 2023 (FY2022-23)Disputed tax/statutory dues under appeal, not a loan default
View source filing →

The company has statutory dues of goods and services tax, customs duty, provident fund, employees' state insurance, income-tax, VAT, cess, and other statutory dues that have not been deposited due to disputes, with amounts specified in lacs.

Management & Board Governance

2 occurrences

Earlier (1-3 years ago)

Annual Report15 Jul 2025 (FY2024-25)
View source filing →

Mr. Prem Prakash Pangotra resigned as an Independent Director and Chairman of the Nomination and Remuneration Committee effective March 27, 2025. Mr. Nilesh Dhirajlal Shah was appointed as an Independent Director and Chairman of the committee effective March 28, 2025.

Annual Report27 Jun 2024 (FY2023-24)· 3 passages
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The existing CFO has resigned with effect from April 22, and the financial statements are not signed by the CFO.

Promoter Share Pledge

1 occurrence

Recent (last 12 months)

Structured Filing Data (NSE Pledge Disclosure)18 Jul 2026

8.55% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).

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