+
Arvind SmartSpaces Posts Record Bookings And Strong Cash Flows
ECONOMY & POLICY

Arvind SmartSpaces Posts Record Bookings And Strong Cash Flows

Arvind SmartSpaces reported record annual bookings of Rs. 15,500 million and annual collections of Rs. 11,000 million for the fiscal year ended March 31, 2026, representing year-on-year growth of 22 per cent and 17 per cent respectively. Revenue from operations stood at Rs. 5,640 million while adjusted EBITDA was Rs. 1,560 million. Profit after tax was Rs. 1,030 million and net operating cash flows totalled Rs. 4,170 million for the year. The board recommended a final dividend of Rs. two point two five per equity share of face value Rs. 10 each.

In the quarter the company recorded bookings of Rs. 6,120 million and collections of Rs. 3,550 million. Quarterly revenue from operations was Rs. 1,550 million while adjusted EBITDA rose to Rs. 564 million, up 26 per cent year-on-year. Profit after tax increased to Rs. 442 million, up 103 per cent year-on-year. Interest-bearing net debt stood at Rs. 1,670 million on March 31, 2026, with a net debt to equity ratio of 0.26.

The company launched Arvind Skycrest in Bannerghatta and Arvind Greenfields in Ajwa Road, achieving early sales bookings of 164 units totalling Rs. 2,620 million and 323 units totalling Rs. 1,780 million respectively. It acquired a residential high-rise on Sarjapur Road with about 0.68 million sq. ft. of saleable area and a topline potential of Rs. 8,600 million, and a Whitefield project of about 0.25 million sq. ft. with a potential of Rs. 3,300 million. The firm entered the Mumbai apartment market with a redevelopment project in Santacruz and subsequently signed a large high-rise joint development in Goregaon with a topline potential of Rs. 24,000 million.

Management described FY26 as a landmark year driven by demand and execution and said Bengaluru contributed Rs. 4,850 million or 31 per cent of annual bookings. The company said it remains focused on disciplined capital allocation and long-term value creation.

Arvind SmartSpaces reported record annual bookings of Rs. 15,500 million and annual collections of Rs. 11,000 million for the fiscal year ended March 31, 2026, representing year-on-year growth of 22 per cent and 17 per cent respectively. Revenue from operations stood at Rs. 5,640 million while adjusted EBITDA was Rs. 1,560 million. Profit after tax was Rs. 1,030 million and net operating cash flows totalled Rs. 4,170 million for the year. The board recommended a final dividend of Rs. two point two five per equity share of face value Rs. 10 each. In the quarter the company recorded bookings of Rs. 6,120 million and collections of Rs. 3,550 million. Quarterly revenue from operations was Rs. 1,550 million while adjusted EBITDA rose to Rs. 564 million, up 26 per cent year-on-year. Profit after tax increased to Rs. 442 million, up 103 per cent year-on-year. Interest-bearing net debt stood at Rs. 1,670 million on March 31, 2026, with a net debt to equity ratio of 0.26. The company launched Arvind Skycrest in Bannerghatta and Arvind Greenfields in Ajwa Road, achieving early sales bookings of 164 units totalling Rs. 2,620 million and 323 units totalling Rs. 1,780 million respectively. It acquired a residential high-rise on Sarjapur Road with about 0.68 million sq. ft. of saleable area and a topline potential of Rs. 8,600 million, and a Whitefield project of about 0.25 million sq. ft. with a potential of Rs. 3,300 million. The firm entered the Mumbai apartment market with a redevelopment project in Santacruz and subsequently signed a large high-rise joint development in Goregaon with a topline potential of Rs. 24,000 million. Management described FY26 as a landmark year driven by demand and execution and said Bengaluru contributed Rs. 4,850 million or 31 per cent of annual bookings. The company said it remains focused on disciplined capital allocation and long-term value creation.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code