Arkade Developers Ltd
NSE: ARKADE BSE: 544261Infra
Arkade Developers Limited is a real estate development company focused on developing high-end, sophisticated lifestyle residential developments in Mumbai, Maharashtra.[1]
₹113
52W: ₹92.6 — ₹214
PE 14.2 · Book ₹51.3 · +120% vs bookMarket Cap₹2,097 Cr
Stock P/E14.2Price to Earnings
ROCE30.3%Return on Capital
ROE25.8%Return on Equity
Div. Yield0.9%Face Value ₹10
Strengths
- +Company has a good return on equity (ROE) track record: 3 Years ROE 32.0%
Shareholding Pattern
Promoters71.19%
FIIs0.23%
DIIs0.09%
Public28.48%
| Category | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Promoters | 70.82% | 70.82% | 71.09%▲0.3 | 71.09% | 71.14%▲0.0 | 71.14% | 71.19%▲0.0 |
| FIIs | 4.29% | 1.25%▼3.0 | 0.47%▼0.8 | 1.23%▲0.8 | 0.24%▼1.0 | 0.2%▼0.0 | 0.23%▲0.0 |
| DIIs | 0.51% | 0.16%▼0.3 | 0.14%▼0.0 | 0.05%▼0.1 | 0.04%▼0.0 | 0.07%▲0.0 | 0.09%▲0.0 |
| Public | 24.39% | 27.77%▲3.4 | 28.3%▲0.5 | 27.64%▼0.7 | 28.58%▲0.9 | 28.59%▲0.0 | 28.48%▼0.1 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 211 | 239 | 123 | 125 | 202 | 225 | 131 | 159 | 262 | 196 |
| Expenses | 146 | 173 | 96 | 83 | 143 | 164 | 87 | 125 | 200 | 143 |
| Operating Profit | 65 | 66 | 27 | 42 | 59 | 61 | 44 | 34 | 61 | 54 |
| OPM % | 31% | 28% | 22% | 33% | 29% | 27% | 34% | 21% | 23% | 27% |
| Net Profit | 48 | 49 | 20 | 30 | 43 | 50 | 33 | 29 | 45 | 40 |
| EPS ₹ | 3.15 | 3.22 | 1.29 | 1.99 | 2.34 | 2.7 | 1.79 | 1.55 | 2.41 | 2.17 |
AI Insights
Revenue Trend
TTM revenue at ₹749Cr, up 9.7% YoY. OPM at 26%.
Debt Position
Borrowings at ₹175Cr. Debt-to-equity ratio: 0.23x. Healthy balance sheet.
Institutional Flow
DIIs: 0.09% (-0.42pp change). FIIs: 0.23% (-4.06pp change). Promoters hold 71.19%.
Margin & Efficiency
ROCE improving from 0% (Mar 2021) to 30% (Mar 2025). Working capital days: 354.
Valuation
PE 14.2x with 30.3% ROCE. Price is 120% above book value of ₹51.3. Dividend yield: 0.9%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 12 May - Final monitoring report for quarter ended March 31, 2026 shows full IPO proceeds utilization, no deviations.
- Order Received From The CGST Authority 2 May - GST appeal order received on April 30, 2026; demand Rs 1.15 crore and penalty Rs 11.46 lakh.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Arkade Developers confirms it is not a Large Corporate; outstanding borrowing was Rs 97.91 crore as of March 31, 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Regulation 74(5) certificate for quarter ended 31 March 2026; shares remain fully dematerialised.
- Intimation Of Business Updates 31 Mar - Arkade received Occupation Certificate for Malad West residential project on 30 March 2026; project completed per approved plans.
- Financial Year 2025 from bse
- Financial Year 2024 from web
- Rating update 6 Feb from fitch