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Arvind Smartspaces Overview

Arvind SmartSpaces Ltd, formerly Arvind Infrastructure Ltd, is an India-based organisation, that's engaged in real estate and infrastructure improvement enterprise activities. The Company operates inside a solitary enterprise segment, which develops business and residential units. The Company is commonly in residential phase of Ahmedabad and Bengaluru vicinity. It has 10 projects thru its very own land, joint ventures and joint development model, of which 4 have been completed. The Company's projects in Ahmedabad encompass Alcove, Parishkaar & ...Read More

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Arvind Smartspaces Key Financials

Market Cap ₹2898 Cr.

Stock P/E 24.3

P/B 4.6

Current Price ₹631.9

Book Value ₹ 136.8

Face Value 10

52W High ₹756

Dividend Yield 0.95%

52W Low ₹ 490.4

Arvind Smartspaces Share Price

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Volume
Price

Arvind Smartspaces Quarterly Price

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Arvind Smartspaces Peer Comparison

Arvind Smartspaces Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 73 84 117 74 266 210 163 102 141 166
Other Income 3 2 3 3 4 5 11 5 4 4
Total Income 75 86 120 77 269 215 174 106 144 171
Total Expenditure 39 64 86 65 200 151 130 80 111 125
Operating Profit 36 22 34 12 70 65 45 26 33 46
Interest 19 3 4 3 5 5 8 8 6 5
Depreciation 1 1 1 1 1 1 1 2 1 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 16 18 28 7 64 58 36 17 25 39
Provision for Tax 5 7 9 3 21 8 14 5 7 10
Profit After Tax 11 12 20 5 43 50 22 12 18 29
Adjustments -2 -2 -4 -2 -2 -2 -3 -1 -4 -0
Profit After Adjustments 9 9 15 3 41 48 19 11 14 29
Adjusted Earnings Per Share 1.9 2.1 3.4 0.6 8.9 10.5 4.2 2.4 3.1 6.3

Arvind Smartspaces Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 87 115 159 198 262 299 149 257 256 341 713 572
Other Income 0 2 0 4 2 2 2 8 7 10 23 24
Total Income 87 116 159 202 264 302 151 264 263 351 736 595
Total Expenditure 62 80 115 137 194 211 109 208 207 230 545 446
Operating Profit 25 37 44 65 70 91 43 57 56 121 191 150
Interest 8 8 12 15 21 24 27 17 14 41 21 27
Depreciation 0 1 1 1 1 1 1 2 3 5 5 6
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 17 27 32 48 48 65 15 38 40 76 165 117
Provision for Tax 7 10 11 17 17 24 5 13 12 25 46 36
Profit After Tax 10 17 21 31 31 41 9 25 28 51 119 81
Adjustments 0 0 -1 -1 -1 -2 -0 0 -2 -10 -9 -8
Profit After Adjustments 11 17 20 30 31 39 9 25 26 42 110 73
Adjusted Earnings Per Share 0 6.7 7.1 9.5 8.7 11.1 2.5 5.9 5.7 9.2 24.2 16

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 109% 41% 19% 23%
Operating Profit CAGR 58% 50% 16% 23%
PAT CAGR 133% 68% 24% 28%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -7% 27% 46% 21%
ROE Average 22% 13% 10% 11%
ROCE Average 25% 18% 15% 16%

Arvind Smartspaces Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 126 143 195 295 255 289 311 439 466 495 598
Minority's Interest 0 8 17 19 10 16 39 38 29 132 210
Borrowings 23 43 45 100 81 73 165 30 143 91 226
Other Non-Current Liabilities 0 2 22 20 -30 -9 -10 -23 -27 -18 -10
Total Current Liabilities 113 159 155 162 430 418 409 627 869 1377 1621
Total Liabilities 262 356 433 596 746 787 914 1111 1480 2076 2645
Fixed Assets 3 10 10 10 10 9 9 43 46 53 58
Other Non-Current Assets 43 55 15 20 64 76 95 72 89 310 614
Total Current Assets 216 291 408 566 673 702 810 996 1345 1713 1973
Total Assets 262 356 433 596 746 787 914 1111 1480 2076 2645

Arvind Smartspaces Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents -80 -2 3 13 6 6 5 35 151 64 63
Cash Flow from Operating Activities 56 -15 -19 -147 12 -16 91 161 -101 31 -84
Cash Flow from Investing Activities -1 -1 1 -1 -0 -7 -42 29 -82 -28 -109
Cash Flow from Financing Activities 23 21 27 141 -11 21 -19 -74 95 -3 186
Net Cash Inflow / Outflow 78 6 10 -7 0 -1 30 116 -87 -1 -8
Closing Cash & Cash Equivalent -2 4 13 6 6 5 35 151 64 63 55

Arvind Smartspaces Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0 6.66 7.14 9.47 8.7 11.06 2.46 5.9 5.65 9.17 24.25
CEPS(Rs) 1.05 6.88 7.74 10.21 9.19 11.88 2.86 6.19 6.74 12.26 27.23
DPS(Rs) 0 0 0 0 1.5 0 0 0 3.3 3.5 6
Book NAV/Share(Rs) 0 55.56 65.5 77.21 72.12 81.21 87.55 101.69 102.66 108.57 129.72
Core EBITDA Margin(%) 28.61 30.41 27.78 30.75 25.94 29.64 27.21 19.12 19.12 32.67 23.58
EBIT Margin(%) 28.47 31.07 27.23 32.15 26.36 29.96 27.72 21.2 20.93 34.19 26.08
Pre Tax Margin(%) 19.28 23.72 19.92 24.38 18.25 21.83 9.72 14.65 15.46 22.19 23.16
PAT Margin (%) 11.67 14.67 13.21 15.86 11.91 13.74 6.05 9.64 10.87 14.97 16.71
Cash Profit Margin (%) 12.16 15.47 13.86 16.41 12.35 14.11 6.81 10.23 11.93 16.3 17.4
ROA(%) 3.88 5.45 5.31 6.11 4.65 5.37 1.06 2.45 2.15 2.87 5.05
ROE(%) 8.08 12.5 12.71 14.55 12.48 15.16 3.01 6.67 6.2 10.67 22
ROCE(%) 15.84 18.21 16.51 17.14 15.68 19.25 8.21 11.23 9.91 19.24 25.18
Receivable days 29.48 72.39 90.74 144.74 82.16 1.31 4.03 2.37 2.69 2.85 4.41
Inventory Days 581.6 482.87 498.27 569.86 680.57 785.6 1659.32 1037.83 1228.94 1240.46 729.51
Payable days 637.92 1751.45 0 1012 481.2 442.88 2759.57 1282.7 1078.46 -1447.67 264.95
PER(x) 0 12.47 12.15 19.35 15.07 6.11 39.29 34.71 49.87 76.04 29.1
Price/Book(x) 0 1.5 1.32 2.37 1.82 0.83 1.1 2.01 2.75 6.42 5.44
Dividend Yield(%) 0 0 0 0 1.14 0 0 0 1.17 0.5 0.85
EV/Net Sales(x) 0.43 2.64 2.06 3.73 2.39 1.51 3.34 2.91 5.31 9.39 4.82
EV/Core EBITDA(x) 1.47 8.27 7.39 11.37 8.92 4.97 11.71 13.18 24.14 26.45 18
Net Sales Growth(%) 0 31.8 38.22 25 32.2 14.27 -50.16 72.08 -0.36 33.32 109.07
EBIT Growth(%) 0 43.84 21.13 47.6 8.19 29.87 -53.89 31.63 -1.62 117.75 59.49
PAT Growth(%) 0 65.6 24.48 50.06 -1.12 31.8 -78.05 174.39 12.34 83.6 133.25
EPS Growth(%) 0 0 7.13 32.64 -8.07 27.02 -77.75 139.87 -4.23 62.22 164.51
Debt/Equity(x) 0.24 0.64 0.5 0.65 0.67 0.76 0.61 0.07 0.31 0.22 0.47
Current Ratio(x) 1.91 1.83 2.64 3.5 1.56 1.68 1.98 1.59 1.55 1.24 1.22
Quick Ratio(x) 0.72 0.79 0.9 1.33 0.11 0.09 0.28 0.37 0.45 0.26 0.3
Interest Cover(x) 3.1 4.23 3.73 4.14 3.25 3.69 1.54 3.23 3.83 2.85 8.94
Total Debt/Mcap(x) 0 0.43 0.38 0.28 0.37 0.91 0.55 0.03 0.11 0.03 0.09

Arvind Smartspaces Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 50.55 50.51 50.38 50.28 50.28 50.27 49.96 49.82 49.82 53.83
FII 0.49 0.41 1.82 2.51 2.65 2.01 1.59 1 0.83 0.67
DII 11.65 13.51 12.33 12.76 12.85 12.64 13.87 14.7 15.81 8.6
Public 37.31 35.56 35.47 34.45 34.23 35.09 34.58 34.47 33.53 36.91
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Arvind Smartspaces News

Arvind Smartspaces Pros & Cons

Pros

  • Company has delivered good profit growth of 23% CAGR over last 5 years
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 13% over the last 3 years.
  • Debtor days have increased from -1447.67 to 264.95days.
  • Stock is trading at 4.6 times its book value.
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