ARKADE

Arkade Developers Limited

Residential real-estate developer in Mumbai Metropolitan Region

Consumer Discretionary›Realty›Realty›Residential, Commercial Projects

arkade.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹118.56
Market cap
2,196 Cr
Stock P/E
Loss (TTM EPS ₹-0.23)
P/B
2.49
Dividend yield
0.2%
ROE (FY26)
0.6%
ROCE (FY26)
0.9%
Operating margin (FY26)
21.9%
Debt / equity (FY26)
0.11
OCF / EBITDA (FY26)
-63.1%
OCF / EBITDA (3Y)
-41.9%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Arkade Developers builds and sells apartments in the Mumbai Metropolitan Region (MMR), through both greenfield land projects and redevelopment of existing buildings.

Company snapshot

36thBy market cap

Ranked among 79 companies in Residential, Commercial Projects.

What we see

Positives
  • ✓Debt-to-equity of 0.11x — the company is largely funded by its own money, not borrowed funds.
Concerns
  • ✗Net margin is very thin at 0.6% — little room for error if costs rise.
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Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales125 Cr202 Cr225 Cr131 Cr159 Cr264 Cr197 Cr197 Cr147 Cr
Operating expenses (approx.)83 Cr143 Cr164 Cr87 Cr125 Cr200 Cr143 Cr159 Cr119 Cr
EBITDA42 Cr59 Cr61 Cr44 Cr34 Cr63 Cr54 Cr38 Cr28 Cr
OPM %33.5%29.1%27.1%33.8%21.5%24.0%27.4%19.3%18.9%
Other income0.13 Cr2 Cr7 Cr3 Cr6 Cr1 Cr2 Cr2 Cr2 Cr
Interest0.35 Cr0.88 Cr0.21 Cr0.31 Cr0.21 Cr0.16 Cr0.18 Cr0.33 Cr0.22 Cr
Depreciation0.99 Cr1 Cr1 Cr1 Cr2 Cr3 Cr3 Cr3 Cr3 Cr
Profit before tax41 Cr58 Cr67 Cr45 Cr38 Cr62 Cr53 Cr-145 Cr26 Cr
Tax %26.1%25.7%24.9%26.9%24.7%25.6%24.5%24.5%26.9%
Net profit30 Cr43 Cr50 Cr33 Cr29 Cr46 Cr40 Cr-110 Cr19 Cr
EPS (₹)₹1.99₹2.82₹3.04₹1.96₹1.55₹2.47₹2.17₹-5.90₹1.03

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales229 Cr220 Cr635 Cr683 Cr816 CrSign in free for the trailing twelve months
Operating expenses (approx.)174 Cr160 Cr467 Cr477 Cr627 CrSign in free for the trailing twelve months
EBITDA54 Cr60 Cr167 Cr206 Cr189 CrSign in free for the trailing twelve months
OPM %23.8%27.4%26.4%30.2%23.2%Sign in free for the trailing twelve months
Other income8 Cr4 Cr0.98 Cr12 Cr12 CrSign in free for the trailing twelve months
Interest4 Cr1 Cr3 Cr2 Cr0.89 CrSign in free for the trailing twelve months
Depreciation0.07 Cr0.27 Cr1 Cr5 Cr10 CrSign in free for the trailing twelve months
Profit before tax66 Cr67 Cr165 Cr211 Cr8 CrSign in free for the trailing twelve months
Tax %22.5%24.0%25.6%25.8%33.0%Sign in free for the trailing twelve months
Net profit51 Cr51 Cr123 Cr157 Cr5 CrSign in free for the trailing twelve months
EPS (₹)₹3.32₹3.34₹8.08₹9.25₹0.29Sign in free for the trailing twelve months
Dividend payout %———1.0%68.3%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital2 Cr2 Cr152 Cr186 Cr186 Cr
Reserves147 Cr198 Cr171 Cr698 Cr696 Cr
Borrowings64 Cr149 Cr69 Cr113 Cr98 Cr
Other liabilities156 Cr206 Cr182 Cr253 Cr147 Cr
Total liabilities370 Cr555 Cr575 Cr1,251 Cr1,127 Cr
Fixed assets (net)2 Cr2 Cr12 Cr16 Cr38 Cr
CWIP———0 Cr5 Cr
Investments40 Cr17 Cr18 Cr138 Cr74 Cr
Loans & advances———0.16 Cr0.20 Cr
Inventories299 Cr501 Cr488 Cr906 Cr910 Cr
Trade receivables5 Cr4 Cr8 Cr35 Cr24 Cr
Cash & bank3 Cr17 Cr23 Cr22 Cr24 Cr
Other assets22 Cr16 Cr26 Cr133 Cr52 Cr
Total assets370 Cr555 Cr575 Cr1,251 Cr1,127 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity-123 Cr-99 Cr101 Cr-218 Cr-119 Cr
Cash from investing76 Cr29 Cr-12 Cr-229 Cr145 Cr
Cash from financing45 Cr84 Cr-83 Cr445 Cr-24 Cr
Net cash flow-2 Cr14 Cr7 Cr-2 Cr2 Cr
Free cash flow (OCF − Capex)-125 Cr-99 Cr91 Cr-227 Cr-151 Cr

Ratios

MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %32.7%19.5%42.8%21.4%0.9%
ROE %33.8%25.3%38.0%17.8%0.6%
Debtor days8651911
Inventory days475828281394583
Days payable2239222028
Cash conversion cycle462795263392565
OCF / EBITDA %-226.3%-163.7%60.6%-105.7%-63.1%
OCF / EBITDA % (3 years)——-42.7%-49.6%-41.9%
Debt / equity0.430.740.210.130.11
Current ratio1.601.922.454.177.13
Net debt / EBITDA1.142.200.280.440.39