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Arvind SmartSpaces share price & results

Arvind SmartSpaces Limited· Realty· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Arvind Group real estate developer of residential & commercial projects in Ahmedabad, Bengaluru, Mumbai.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue318 ₹ crore+211.8% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin49.0 %+28.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit97.0 ₹ crore+708.3% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity29.51 %−3.6 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-38.48 %−24.4 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)5.26 %−130.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

1 of 8 judged targets kept · 7 open · verdicts reflect calls analysed to Q1 FY27.

Arvind SmartSpaces Limited management guidance track record on Inve: 15 targets tracked across analysed earnings calls (1 achieved, 7 missed, 7 open).

TargetOriginal wordingSaidLatest callVerdict
Debt-to-Equity RatioBelow 1:1
Call transcript, Q3 FY26 · 11 Feb 2026		Q3 FY26Q1 FY27:Net Debt-to-Equity ratio stood at 0.29, remaining well below the 1:1 limit.
Call transcript, Q1 FY27 · 7 Aug 2026		Achieved
FY25 Annual Sales Growth25-30% growth over previous year
Call transcript, Q3 FY25 · 30 Jan 2025		Q3 FY25Q1 FY27:Promise period concluded in FY25.
Call transcript, Q1 FY27 · 7 Aug 2026		Missed
Long-term EBITDA MarginAround 25%
Call transcript, Q3 FY25 · 30 Jan 2025		Q3 FY25Q1 FY27:Reiterated long-term guidance of 22-25%. Q1 Adj. EBITDA margin was 47%, well above target range.
Call transcript, Q1 FY27 · 7 Aug 2026		On Track

Source: Inve Guidance Tracker for Arvind SmartSpaces Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

7 of Arvind SmartSpaces Limited's 15 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 12 more targets are in the full ledger.

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Price

₹583.05 +1.31% · +₹7.55

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −6.6% 1Y

₹500₹550₹600₹650₹700Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 4 Nov 2025Q3 FY26 — 11 Feb 2026Q4 FY26 — 21 May 2026Q1 FY27 — 7 Aug 2026

1Y: ₹624.1 on 24 Oct 2025 → ₹583.05. High ₹694.85 (24 Aug 2026), low ₹501.35 (9 Mar 2026).

Previous close
₹575.5
Market cap
₹2.6k Cr
52-week range
₹501.35 – ₹694.85
One year
−6.56%
Price to earnings (TTM to Jun 2026)
14.36×
Return on equity (TTM to Jun 2026)
29.51%

Overview

Symbol
NSE:ARVSMART
Sector
Realty
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Arvind SmartSpaces Limited does

Based on the company's own presentations, annual report and earnings calls.

Arvind SmartSpaces Limited is the real estate development arm of the Ahmedabad-based Lalbhai (Arvind) Group, building horizontal (plots, villas, townships) and vertical (apartments, high-rises) residential projects along with commercial and industrial space. It operates chiefly in Ahmedabad, Bengaluru and Mumbai, taking on projects both on owned land and through joint-development/joint-venture arrangements with landowners in exchange for a revenue or profit share. It earns by developing and selling residential units (luxury, mid-market and affordable) and commercial/industrial space, and also runs a residential-development investment platform set up with HDFC Capital Advisors.

Segments

  • Residential
  • Commercial / Industrial
Total project portfolio (saleable area)
~97.6 million sq ft across completed, ongoing and planned projects (as of March 2026)
Projects across all stages
49 projects — 16 completed, 16 under execution, 17 planned
Operating markets
3 major realty markets: Ahmedabad, Bengaluru and Mumbai (plus adjoining Vadodara)
Completed (delivered) project area
~9.8 million sq ft across 16 completed projects
Portfolio mix by use
Residential ~90% / Commercial & industrial ~10% of the project portfolio
Portfolio mix by format
Horizontal (plots/villas/townships) ~80% / Vertical (apartments/high-rises) ~20%
Founded 2008Headquarters AhmedabadEmployees 434 (March 31, 2025) Company website

How the price took the results

close before → close after

Q1 FY27
+7.9%
7 Aug
Q4 FY26
+2.1%
21 May
Q3 FY26
−3.9%
11 Feb
Q2 FY26
−1.9%
4 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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