Arkade Developers Ltd
Arkade Developers Limited is a real estate development company focused on developing high-end, sophisticated lifestyle residential developments in Mumbai, Maharashtra.[1]
- Market Cap ₹ 2,137 Cr.
- Current Price ₹ 115
- High / Low ₹ 214 / 108
- Stock P/E 14.6
- Book Value ₹ 51.3
- Dividend Yield 0.86 %
- ROCE 30.3 %
- ROE 25.8 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.0%
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
Part of BSE Allcap BSE Consumer Discretionary
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 52 | 223 | 220 | 635 | 683 | 749 | |
| 27 | 170 | 160 | 467 | 477 | 555 | |
| Operating Profit | 25 | 53 | 60 | 168 | 206 | 194 |
| OPM % | 48% | 24% | 27% | 26% | 30% | 26% |
| 2 | 12 | 14 | 2 | 12 | 13 | |
| Interest | 1 | 2 | 1 | 3 | 2 | 1 |
| Depreciation | 0 | 0 | 0 | 1 | 5 | 9 |
| Profit before tax | 26 | 62 | 72 | 165 | 211 | 197 |
| Tax % | 24% | 22% | 24% | 26% | 26% | |
| 20 | 49 | 55 | 123 | 157 | 147 | |
| EPS in Rs | 98.70 | 242.90 | 274.30 | 8.09 | 8.45 | 7.92 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 45% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 50% |
| TTM: | 3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 32% |
| Last Year: | 26% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 152 | 186 | 186 |
| Reserves | 94 | 143 | 198 | 171 | 698 | 767 |
| 12 | 63 | 149 | 71 | 115 | 175 | |
| 238 | 158 | 206 | 180 | 252 | 133 | |
| Total Liabilities | 347 | 366 | 555 | 575 | 1,250 | 1,261 |
| 0 | 2 | 2 | 14 | 19 | 36 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 28 | 40 | 17 | 18 | 139 | 202 |
| 318 | 324 | 536 | 542 | 1,093 | 1,023 | |
| Total Assets | 347 | 366 | 555 | 575 | 1,250 | 1,261 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 105 | -133 | -97 | 102 | -217 | |
| -75 | 82 | 26 | -12 | -229 | |
| -28 | 48 | 85 | -83 | 445 | |
| Net Cash Flow | 2 | -2 | 14 | 6 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 13 | 9 | 6 | 5 | 19 |
| Inventory Days | 1,375 | ||||
| Days Payable | 65 | ||||
| Cash Conversion Cycle | 13 | 9 | 1,316 | 5 | 19 |
| Working Capital Days | 512 | 158 | 390 | 169 | 354 |
| ROCE % | 39% | 26% | 45% | 30% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
16 Feb - Registered DA for Malad West cluster redevelopment, 6,553 sqm, projected GDV INR 700 crore.
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Announcement under Regulation 30 (LODR)-Credit Rating
7 Feb - India Ratings assigned issuer rating IND BBB+ (Stable) to Arkade on Feb 6, 2026.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 7 Feb
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 6 Feb
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Please Find Enclosed Disclosure Under SEBI (PIT) Regulations, 2015
6 Feb - Director Arpit V Jain bought 7,000 shares (0.004%) on 06-Feb-2026 for Rs.8,68,406.
Concalls
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Feb 2026Transcript PPT
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Oct 2025Transcript PPT REC
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Jul 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Jan 2025Transcript PPT REC
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Nov 2024Transcript PPT
Business Model[1][2]
New Projects: These involve development of residential units on their land; including premium, lifestyle-oriented residential properties with modern amenities