ARVIND SMARTSPACES LTD

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.