Arkade Developers Ltd

Arkade Developers Ltd

₹ 164 1.80%
13 Dec 4:00 p.m.
About

Arkade Developers Limited is a real estate development company focused on developing high-end, sophisticated lifestyle residential developments in Mumbai, Maharashtra.[1]

Key Points

Business Model[1][2]
New Projects: These involve development of residential units on their land; including premium, lifestyle-oriented residential properties with modern amenities

  • Market Cap 3,059 Cr.
  • Current Price 164
  • High / Low 190 / 128
  • Stock P/E 24.9
  • Book Value 44.5
  • Dividend Yield 0.00 %
  • ROCE 45.2 %
  • ROE 46.9 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 39.4%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* 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

Sector: Construction Industry: Construction

Part of BSE IPO

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023 Sep 2023 Mar 2024 Jun 2024 Sep 2024
62 211 123 125 202
52 146 96 83 143
Operating Profit 10 65 27 42 59
OPM % 15% 31% 22% 33% 29%
0 0 1 0 2
Interest 0 1 2 0 1
Depreciation 0 0 1 1 1
Profit before tax 9 64 25 41 58
Tax % 30% 25% 22% 26% 26%
7 48 20 30 43
EPS in Rs 32.90 3.15 1.29 1.99 2.34
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
106 225 220 635
80 170 160 467
Operating Profit 26 54 60 168
OPM % 24% 24% 27% 26%
5 15 8 2
Interest 1 4 1 3
Depreciation 0 0 0 1
Profit before tax 29 66 67 165
Tax % 25% 22% 24% 26%
22 51 51 123
EPS in Rs 105.95 252.35 253.90 8.08
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 82%
TTM: 188%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 80%
TTM: 144%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 39%
Last Year: 47%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 2 2 2 152 186
Reserves 97 148 198 171 641
14 64 149 71 76
237 156 206 180 228
Total Liabilities 350 370 555 575 1,131
0 2 2 14 12
CWIP 0 0 0 0 4
Investments 114 40 17 18 31
236 329 536 543 1,082
Total Assets 350 370 555 575 1,131

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
144 -125 -99 102
-98 76 29 -12
-49 46 84 -83
Net Cash Flow -3 -2 14 7

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 44 9 6 5
Inventory Days 9,429
Days Payable 1,030
Cash Conversion Cycle 8,443 9 6 5
Working Capital Days -45 264 506 192
ROCE % 41% 24% 45%

Shareholding Pattern

Numbers in percentages

10 Recently
Sep 2024
70.82%
4.29%
0.51%
24.39%
No. of Shareholders 1,25,724

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents