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Arvind Smarspaces Ltd was incorporated as "Arvind Infrastructure Limited" in 2008 in Ahmedabad as a wholly-owned subsidiary of Arvind Limited. The company was incorporated with the objective of doing a real estate/infrastructure development business.Arvind Smartspaces is the real estate arm of the Lalbhai Group, a $2 billion dollar conglomerate. ASL is currently executing 9 projects through its own land, JVs and…
**Business Performance:** Arvind SmartSpaces reported a stellar Q1 FY27. Bookings soared 147% YoY to ₹432 Cr, driven by strong contributions from Gujarat and Bengaluru, particularly the Aquacity project. Collections jumped 76% YoY to ₹336 Cr. Revenue reached ₹318 Cr, significantly up from ₹101.8 Cr last year. Profit after Tax (PAT)...
Arvind SmartSpaces saw strong Q3 FY26 operational performance with bookings up 48% YoY to Rs. 331 Cr. 9M bookings reached a record Rs. 938 Cr (+5% YoY), fueled by strong sales in Ahmedabad and Bengaluru projects. Collections also increased, with Q3 at Rs. 317 Cr (+38% YoY) and 9M at...
**Business Performance:** Arvind SmartSpaces delivered robust operational performance with Q2 bookings surging 147% QoQ to ₹432 Cr, largely driven by the successful launch of Arvind Everland, which achieved ₹400 Cr in sales. Half-year bookings reached ₹607 Cr, and collections were strong at ₹236 Cr for Q2 (up 23% QoQ) and...
**1. Financial Highlights:** Q1 FY26 bookings hit ₹175 Cr, with collections at ₹191 Cr. Revenue grew 37% YoY to ₹102 Cr. Adjusted EBITDA surged 205% to ₹24.5 Cr (24% margin), and PAT rose 159% to ₹12 Cr (12% margin). The company is now net cash positive with ₹(50) Cr in...
1. Financial Highlights: Arvind SmartSpaces booked a record ₹1,271 Cr for the year, up 15% YoY, driven mainly by Arvind Aquacity and The Park (~₹855 Cr). Q4 bookings rose 18% YoY to ₹381 Cr, with Bengaluru contributing ₹474 Cr (37% of annual bookings). Collections hit a high of ₹942 Cr,...