Arvind SmartSpaces reported a significant twofold increase in Q4 profit, reaching INR 42.3 crores compared to last year's INR 19.1 crores. However, the full-year FY25-26 profit decreased to INR 96.4 crores. The company's board has approved a debt issuance of INR 300 crores through private placement.
Arvind SmartSpaces Limited
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Arvind SmartSpaces shows a significant surge in quarterly profits, almost doubling year-over-year with a sharper rise in EBITDA margin. The company also recommends a sizable final dividend of ₹2.25 per share for its shareholders.
Arvind SmartSpaces saw a significant increase in annual bookings, reaching ₹1,550 crore, up 22% year-over-year. The strong performance continued in Q4 with a 61% year-on-year surge in bookings to ₹612 crore, and profit after tax (PAT) more than doubled to ₹44.2 crore.
Arvind SmartSpaces and HDFC Capital Advisors have joined forces to establish a new real estate investment platform worth INR 1,250 crore. This partnership aims to boost the property sector with significant financial support.
Arvind SmartSpaces significantly increased its Q4 EBITDA by 76%, reaching ₹593 million, with margins expanding notably to 38%. Year-on-year progress has been impressive, showing a clear improvement in the company's financial performance.
Arvind SmartSpaces has announced a final dividend of ₹2.25 per share, finalizing its financial results for the fiscal year 2026. Additionally, the company is planning to raise approximately ₹300 crores in debt and has partnered with HDFC Capital for a new real estate fund.
Arvind SmartSpaces has announced plans to seek investor approval for a potential Rs. 300 crore fundraising through Non-Convertible Debentures (NCDs) in a private placement. The proposed NCD issuance is slated to be listed, rated, secured, and redeemable. A board meeting will take place on May 20, 2026, for further discussions on this matter.
Arvind SmartSpaces has revealed plans for two significant redevelopment projects worth over ₹2,700 crore in Santacruz and Goregaon, Mumbai. These initiatives aim to bring substantial revenue potential to the company.
NK Securities has offloaded approximately 437,582 shares of Arvind SmartSpaces, with an average selling price of INR 590.9 per share. This transaction represents a significant trade on the National Stock Exchange.
Arvind Smartspaces has secured a significant ₹2,400 crore deal for a high-rise project in Mumbai's Goregaon West, partnering with Sigma Oxford Realtors to develop approximately 0.67 million square feet of saleable area.
Arvind SmartSpaces has secured a significant high-rise development worth ₹2,400 crores in Mumbai, marking an important expansion for their real estate portfolio. This venture is set to contribute significantly to the city's skyline and urban growth.
Arvind SmartSpaces has taken a significant step towards expanding its real estate portfolio by acquiring a 49% stake in Oxford Navrang Realtors for approximately INR 49K. This move is set to bolster their real estate development endeavors.