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 ₹ 2,065 Cr.
- Current Price ₹ 111
- High / Low ₹ 170 / 92.6
- Stock P/E 13.2
- Book Value ₹ 49.9
- Dividend Yield 0.90 %
- ROCE 18.9 %
- ROE 20.3 %
- 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 26.1%
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 Consumer Discretionary
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 106 | 225 | 220 | 635 | 683 | 816 | 685 | |
| Sales growth | +113% | -2% | +188% | +8% | +20% | -12% | |
| 80 | 170 | 160 | 467 | 477 | 627 | 531 | |
| Operating Profit | 26 | 54 | 60 | 168 | 206 | 189 | 154 |
| OPM % | 24% | 24% | 27% | 26% | 30% | 23% | 22% |
| 5 | 15 | 8 | 2 | 12 | -170 | -173 | |
| Interest | 1 | 4 | 1 | 3 | 2 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 1 | 5 | 10 | 12 |
| Profit before tax | 29 | 66 | 67 | 165 | 211 | 8 | -32 |
| Tax % | 25% | 22% | 24% | 26% | 26% | 33% | |
| 22 | 51 | 51 | 123 | 157 | 5 | -25 | |
| EPS in Rs | 1.39 | 3.32 | 3.34 | 8.09 | 8.45 | 0.29 | -1.36 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 345% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 51% |
| 3 Years: | 55% |
| TTM: | -12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 53% |
| 3 Years: | 53% |
| TTM: | -1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 26% |
| Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 152 | 186 | 186 | 186 |
| Reserves | 97 | 148 | 198 | 171 | 698 | 696 | 741 |
| 14 | 64 | 149 | 71 | 115 | 99 | 58 | |
| 237 | 156 | 206 | 180 | 252 | 146 | 188 | |
| Total Liabilities | 350 | 370 | 555 | 575 | 1,251 | 1,127 | 1,173 |
| 0 | 2 | 2 | 14 | 19 | 40 | 37 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 5 | 15 |
| Investments | 114 | 40 | 17 | 18 | 138 | 74 | 127 |
| 236 | 329 | 536 | 543 | 1,093 | 1,008 | 994 | |
| Total Assets | 350 | 370 | 555 | 575 | 1,251 | 1,127 | 1,173 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 144 | -125 | -99 | 101 | -218 | -119 | |
| -98 | 76 | 29 | -12 | -229 | 145 | |
| -49 | 46 | 84 | -83 | 445 | -24 | |
| Net Cash Flow | -3 | -2 | 14 | 7 | -2 | 2 |
| Free Cash Flow | 144 | -126 | -99 | 91 | -227 | -156 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 585% | -203% | -134% | 85% | -80% | -53% |
Ratios
Consolidated / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 44 | 9 | 6 | 5 | 19 | 11 |
| Inventory Days | 9,429 | |||||
| Days Payable | 1,030 | |||||
| Cash Conversion Cycle | 8,443 | 9 | 6 | 5 | 19 | 11 |
| Working Capital Days | -92 | 161 | 390 | 169 | 354 | 365 |
| ROCE % | 41% | 24% | 45% | 30% | 19% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Carpet Area Sold '000 Sq. Ft. |
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| Collections ₹ Cr |
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| Pre-Sales Value ₹ Cr |
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| Avg Price Realization INR per Sq. Ft. |
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| Cumulative Development Delivered Million Sq. Ft. |
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| Cumulative Projects Delivered Number |
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| Project Pipeline GDV (Ongoing + Upcoming) ₹ Cr |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Arkade Developers acquires 100% of WTIL for ₹146 crore, adding Bhandup land with ₹1,800 crore GDV.
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
- Arkade Developers acquired 100% of WTIL for Rs.145.51 crore, making it wholly owned subsidiary on November 3, 2026.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
- Transcript for earnings conference call for the quarter ended September 30, 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Company held analyst/investor meet on Q2 and half-year FY2026 results; audio recording shared.
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Announcement under Regulation 30 (LODR)-Investor Presentation
- Investor Presentation on Unaudited Financials for the quarter and half year ended September 30, 2026
Annual reports
-
Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from web
Concalls
-
Nov 2026Transcript PPT REC
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Aug 2026Transcript PPT REC
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Jun 2026Transcript PPT
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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