| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 318 | 102 | +212.1% |
| EBITDA | 156 | 21.5 | +628.5% |
| EBITDA margin | 49.2% | 21.1% | +28.1 pts |
| Profit before tax | 134 | 16.6 | +707.4% |
| Net profit | 97.4 | 12.0 | +714.2% |
| EPS | ₹21.80 | ₹2.44 | +793.4% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 2,689 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 248 | 248 | 241 | 166 | 147 | ||
| 247 | 247 | 210 | 132 | 29.0 | ||
| 577 | 577 | 279 | 107 | 145 | ||
| 3,266 | — | — | — | — | ||
| 780 | 564 | 713 | 341 | 256 | ||
| — | −20.9% | +109.1% | +33.3% | — | ||
| 287 | 152 | 168 | 111 | 48.9 | ||
| 36.8% | 26.9% | 23.6% | 32.7% | 19.1% | ||
| 277 | 146 | 163 | 107 | 46.2 | ||
| 189 | 103 | 119 | 51.1 | 27.8 | ||
| 24.2% | 18.3% | 16.7% | 15.0% | 10.9% | ||
| ₹40.17 | ₹21.03 | ₹24.09 | ₹9.06 | ₹6.07 | ||
| — | −12.7% | +165.8% | +49.4% | — | ||
| — | −170 | −84.0 | 30.5 | −101 | ||
| — | −47.0 | −15.5 | −15.9 | −10.5 | ||
| −217 | −217 | −99.5 | 14.6 | −112 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 2,689.4 | |
| - Cash, Equiv & ST Investments | 147.1 | 166.3 | 241.2 | 247.7 | 247.7 | |
| + Minority Interest | 29.0 | 131.6 | 210.2 | 247.0 | 247.0 | |
| + Total Debt | 145.0 | 106.5 | 278.9 | 577.4 | 577.4 | |
| Enterprise Value | — | — | — | — | 3,266.2 | |
| Revenue | 255.9 | 341.2 | 713.3 | 564.1 | 779.9 | |
| Growth %, YoY | — | +33.3 | +109.1 | -20.9 | — | |
| EBITDA | 48.9 | 111.5 | 168.2 | 151.9 | 286.8 | |
| Margin % | 19.12 | 32.67 | 23.58 | 26.93 | 36.78 | |
| EBIT | 46.2 | 107.0 | 163.3 | 145.6 | 277.3 | |
| Net Income | 27.8 | 51.1 | 119.2 | 103.4 | 188.8 | |
| Margin % | 10.87 | 14.97 | 16.71 | 18.33 | 24.21 | |
| EPS, Adj (current shares) | 6.07 | 9.06 | 24.09 | 21.03 | 40.17 | |
| Growth %, YoY | — | +49.4 | +165.8 | -12.7 | — | |
| Cash from Operations | -101.0 | 30.5 | -84.0 | -170.4 | — | |
| Capital Expenditures | -10.5 | -15.9 | -15.5 | -47.0 | — | |
| Free Cash Flow | -111.6 | 14.6 | -99.5 | -217.5 | -217.5 | |
Prices at the previous close · figures from the company's filings with NSE
Arvind SmartSpaces (NSE: ARVSMART) had a market capitalisation of ₹2,689 crore at the previous close (₹586.35 a share), a PE ratio of 14.6 on the last four quarters' profit and a price-to-book ratio of 4.14. In FY26 its consolidated net profit attributable to shareholders was ₹96.4 crore on revenue of ₹564 crore; in Q1 FY27 (April–June 2026) it was ₹99 crore, up 785.3% year on year. Its debt-to-equity ratio was 0.64 on 31 March 2026. Promoters held 53.77% of the shares on 30 September 2026.
Arvind SmartSpaces' PE ratio is 14.6 at the previous close (₹586.35 a share): a market capitalisation of ₹2,689 crore divided by consolidated net profit attributable to shareholders of ₹184 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹96.4 crore) it is 27.9.
Arvind SmartSpaces' price-to-book (PB) ratio is 4.14 at the previous close: a market capitalisation of ₹2,689 crore divided by shareholders' equity (book value) of ₹649 crore on 31 March 2026. That is a book value of ₹141.54 per share against a share price of ₹586.35.
Arvind SmartSpaces' book value per share was ₹141.54 on 31 March 2026: shareholders' equity of ₹649 crore divided by the 4.59 crore shares in issue, up 7.8% from ₹131.24 a year earlier. The share price at the previous close was ₹586.35.
Arvind SmartSpaces' market capitalisation was ₹2,689 crore at the previous close: 4.59 crore shares at ₹586.35 each.
No. Arvind SmartSpaces had borrowings of ₹577 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.64. Its cash and current investments were ₹296 crore, so its net debt was ₹282 crore.
In 2026, Arvind SmartSpaces has declared one dividend: ₹2.25 with record date 28 August 2026.
Arvind SmartSpaces' debt-to-equity ratio was 0.64 on 31 March 2026: borrowings of ₹577 crore against total equity of ₹896 crore. A year earlier, on 31 March 2025, it was 0.35.
Arvind SmartSpaces' net worth — shareholders' equity in its consolidated balance sheet — was ₹649 crore on 31 March 2026, up 8.6% from ₹598 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹2,689 crore at the previous close.
Arvind SmartSpaces' dividend yield is 0.38% at the previous close: dividends of ₹2.25 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹586.35. They were ₹2.25 on 28 August 2026.
In FY26, Arvind SmartSpaces' return on equity (ROE) was 15.5% and its return on capital employed (ROCE) was 11.9%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 20.2% and ROCE 18.4%.
Promoters held 53.77% of Arvind SmartSpaces on 30 September 2026, down 0.06 percentage points from 53.83% the previous quarter and up 3.95 percentage points from 49.82% a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Arvind SmartSpaces' shares were held by promoters 53.77%, foreign portfolio investors (FII/FPI) 0.59%, domestic institutions (DII) 9.22% (including mutual funds at 7.07%) and retail and other non-institutional investors 36.42%. Over the year, FII holding was down 0.41 percentage points from 1.00% and DII holding was down 5.49 percentage points from 14.71%.
Arvind SmartSpaces' basic earnings per share (EPS) were ₹21.04 in FY26, against ₹24.28 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹40.79.
In FY26, Arvind SmartSpaces generated ₹170 crore of cash from operations and spent ₹47 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹217 crore. In FY25 it was −₹99.5 crore.
Arvind SmartSpaces will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
Arvind SmartSpaces' latest results are for Q1 FY27 (April–June 2026), filed on 7 August 2026: consolidated net profit attributable to shareholders ₹99 crore, up 785.3% from ₹11.2 crore in Q1 FY26; revenue from operations ₹318 crore, up 212.1% year on year.
In FY26 (April 2025–March 2026), Arvind SmartSpaces' consolidated net profit attributable to shareholders was ₹96.4 crore, down 12.7% from ₹110 crore in FY25, on revenue from operations of ₹564 crore (down 20.9%). Over three years, from FY23, net profit was up 246.6%.
In FY26, Arvind SmartSpaces earned net profit attributable to shareholders of ₹96.4 crore on revenue of ₹564 crore, against ₹203 crore on ₹496 crore for Marathon Nextgen Realty. Arvind SmartSpaces' operating margin was 25.8% (Marathon Nextgen Realty 24.1%) and its return on equity 15.5% (Marathon Nextgen Realty 11.8%).
On FY26 consolidated figures, against Marathon Nextgen Realty, Hubtown and Alembic: Arvind SmartSpaces' operating margin of 25.8% is the second highest of the four (Marathon Nextgen Realty 24.1%, Hubtown 23.3%, Alembic 32.5%; peer average 26.6%); its return on equity of 15.5% is the highest of the four (Marathon Nextgen Realty 11.8%, Hubtown 5.9%, Alembic 9.6%; peer average 9.1%); its revenue growth over three years of 30.1% a year is the highest of the four (Marathon Nextgen Realty −11.5% a year, Hubtown 26.3% a year, Alembic 23.6% a year; peer average 12.8% a year).
From Arvind SmartSpaces' own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.