Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 211 | 239 | 123 | 125 | 202 | 225 | 131 | 159 | 264 | 197 | 197 | 147 |
| Expenses | 146 | 173 | 96 | 83 | 143 | 164 | 87 | 125 | 200 | 143 | 159 | 119 |
| Operating Profit | 65 | 66 | 27 | 42 | 59 | 61 | 44 | 34 | 63 | 54 | 38 | 28 |
| OPM % | 31% | 28% | 22% | 33% | 29% | 27% | 34% | 21% | 24% | 27% | 19% | 19% |
| Other Income | 0 | 1 | 1 | 0 | 2 | 7 | 3 | 6 | 1 | 2 | -180 | 2 |
| Interest | 1 | 0 | 2 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 3 |
| Profit before tax | 64 | 67 | 25 | 41 | 58 | 67 | 45 | 38 | 62 | 53 | -145 | 26 |
| Tax % | 25% | 27% | 22% | 26% | 26% | 25% | 27% | 25% | 26% | 24% | -25% | 27% |
| Net Profit | 48 | 49 | 20 | 30 | 43 | 50 | 33 | 29 | 46 | 40 | -110 | 19 |
| EPS in Rs | 3.15 | 3.22 | 1.29 | 1.99 | 2.34 | 2.70 | 1.79 | 1.55 | 2.47 | 2.17 | -5.90 | 1.03 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 106 | 225 | 220 | 635 | 683 | 816 | 804 |
| Expenses | 80 | 170 | 160 | 467 | 477 | 627 | 621 |
| Operating Profit | 26 | 54 | 60 | 168 | 206 | 189 | 183 |
| OPM % | 24% | 24% | 27% | 26% | 30% | 23% | 23% |
| Other Income | 5 | 15 | 8 | 2 | 12 | -170 | -174 |
| Interest | 1 | 4 | 1 | 3 | 2 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 1 | 5 | 10 | 11 |
| Profit before tax | 29 | 66 | 67 | 165 | 211 | 8 | -4 |
| Tax % | 25% | 22% | 24% | 26% | 26% | 33% | |
| Net Profit | 22 | 51 | 51 | 123 | 157 | 5 | -4 |
| EPS in Rs | 105.95 | 252.35 | 253.90 | 8.09 | 8.45 | 0.29 | -0.23 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 345% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 51% | 55% | 12% | ||
| Compounded Profit Growth | % | 53% | 53% | 14% | ||
| Stock Price CAGR | % | % | % | -28% | ||
| Return on Equity | % | 27% | 26% | 20% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 152 | 186 | 186 |
| Reserves | 97 | 148 | 198 | 171 | 698 | 696 |
| Borrowings | 14 | 64 | 149 | 71 | 115 | 99 |
| Other Liabilities | 237 | 156 | 206 | 180 | 252 | 146 |
| Total Liabilities | 350 | 370 | 555 | 575 | 1,251 | 1,127 |
| Fixed Assets | 0 | 2 | 2 | 14 | 19 | 40 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 5 |
| Investments | 114 | 40 | 17 | 18 | 138 | 74 |
| Other Assets | 236 | 329 | 536 | 543 | 1,093 | 1,008 |
| Total Assets | 350 | 370 | 555 | 575 | 1,251 | 1,127 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 144 | -125 | -99 | 101 | -218 | -119 |
| Cash from Investing Activity | -98 | 76 | 29 | -12 | -229 | 145 |
| Cash from Financing Activity | -49 | 46 | 84 | -83 | 445 | -24 |
| Net Cash Flow | -3 | -2 | 14 | 7 | -2 | 2 |
| Free Cash Flow | 144 | -126 | -99 | 91 | -227 | -156 |
| CFO/OP | 585% | -203% | -134% | 85% | -80% | -53% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 44 | 9 | 6 | 5 | 19 | 11 |
| Inventory Days | 9,429 | |||||
| Days Payable | 1,030 | |||||
| Cash Conversion Cycle | 8,443 | 9 | 6 | 5 | 19 | 11 |
| Working Capital Days | -92 | 161 | 390 | 169 | 354 | 365 |
| ROCE % | 41% | 24% | 45% | 30% | 19% |
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 70.82% | 70.82% | 71.09% | 71.09% | 71.14% | 71.14% | 71.19% | 71.19% |
| FIIs | 4.29% | 1.25% | 0.47% | 1.23% | 0.24% | 0.20% | 0.23% | 0.13% |
| DIIs | 0.51% | 0.16% | 0.14% | 0.05% | 0.04% | 0.07% | 0.09% | 0.08% |
| Public | 24.39% | 27.77% | 28.30% | 27.64% | 28.58% | 28.59% | 28.48% | 28.59% |
| No. of Shareholders | 1,25,724 | 90,855 | 82,526 | 70,242 | 66,561 | 64,474 | 62,202 | 61,136 |
Fundamentals
Market Cap₹ 2,270 Cr.
Current Price₹ 122
Stock P/E12.8
Book Value₹ 47.5
ROCE18.9 %
ROE20.3 %
Dividend Yield0.82 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)12%
Compounded Profit Growth (TTM)14%
Consolidated figures.
Valuation
Market capRs 2,209 Cr
Enterprise valueRs 2,264 Cr
Price to book14.78x
Price to sales2.75x
EV / EBITDA277.14x
EV / sales2.82x
Earnings yield-0.19%
Profitability
Operating margin (excl. other income)24.24%
Operating margin (incl. other income)31.12%
EBITDA margin1.02%
Pre-tax margin-0.52%
Net profit margin-0.53%
Net margin, latest quarter12.98%
ROE40.60%
ROCE42.79%
ROA14.03%
ROIC (approx.)-1.25%
Tax rate22.45%
Other income / net worth10.35%
Growth
Sales growth (latest year)112.75%
Profit growth (latest year)138.18%
Sales growth QoQ-25.24%
Sales growth YoY (latest quarter)-7.83%
Profit growth YoY (latest quarter)-33.66%
Per share
EPS (TTM)Rs -0.23
EPS (latest year)Rs 252.35
EPS (latest quarter)Rs 1.02
Book value per shareRs 8.03
Sales per shareRs 43.19
Cash flow per shareRs -6.70
Free cash flow per shareRs -8.38
Efficiency
Asset turnover0.61x
Fixed asset turnover122.86x
Inventory turnover0.54x
Inventory days682 days
Debtor days9 days
Debtors turnover42.74x
Creditor days1030 days
Cash conversion cycle11 days
Working capital days365 days
Leverage
Total debtRs 64 Cr
Cash and bankRs 10 Cr
Net debtRs 55 Cr
Debt to equity0.43x
Net debt / EBITDA6.72x
Interest coverage-3.71x
Current ratio (filing 2026-03-31)7.13x
Quick ratio (filing 2026-03-31)0.91x
Trade payables (filing 2026-03-31)Rs 44 Cr
Owners' fund to total sources40.41%
Debt to assets17.41%
Cash flow
Cash from Operating Activity (latest year)Rs -125 Cr
Cash from Investing Activity (latest year)Rs 76 Cr
Cash from Financing Activity (latest year)Rs 46 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs -156 Cr
FCFE (approx.: FCF + change in debt)Rs -105 Cr
Cash from ops / profit, 5 years-1.19x
Statement figures
Net sales (TTM)Rs 804 Cr
Net sales (latest year)Rs 225 Cr
Sales (latest quarter)Rs 147 Cr
Operating profit excl. other income (latest year)Rs 54 Cr
Operating profit (latest quarter)Rs 28 Cr
Other income (TTM)Rs -174 Cr
EBITDA (TTM)Rs 8 Cr
PBDT (TTM)Rs 7 Cr
Profit before tax (TTM)Rs -4 Cr
Tax (latest year)Rs 15 Cr
Net profit (TTM)Rs -4 Cr
Net profit (latest year)Rs 50 Cr
Net profit (latest quarter)Rs 19 Cr
Depreciation (TTM)Rs 11 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 160 Cr
Total expenditure (latest year)Rs 170 Cr
Total income (latest year)Rs 240 Cr
Share capitalRs 2 Cr
ReservesRs 148 Cr
Shareholders' fundsRs 150 Cr
Total assetsRs 370 Cr
Net blockRs 2 Cr
InvestmentsRs 40 Cr
ReceivablesRs 5 Cr
InventoryRs 299 Cr
Other liabilitiesRs 156 Cr
Shares outstanding (crore)18.61
Ownership
Promoter holding71.19% (+0.10 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | ARKADE | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.8% | -2.8% | -2.1 pts |
| 1 month | -1.7% | -6.8% | +5.1 pts |
| 3 months | -4.3% | -7.6% | +3.4 pts |
| 6 months | +25.2% | +0.4% | +24.8 pts |
| 1 year | -32.2% | -9.9% | -22.3 pts |
3 mutual fund schemes hold about ₹12 Cr.
Over three months 3 bought more and 0 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Taurus Ethical Fund | 1.95% | 9 | +100% |
| Taurus Flexi Cap Fund | 0.92% | 3 | +100% |
| Taurus Infrastructure Fund | 0.86% | 0 | +100% |
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was 27% of net profit over the last 2 years |
| explain | High accruals Profit exceeded operating cash by 47% of total assets in 2026 |
| look | Regulator order or action Regulator order or action 2026-07-10: Arkade Developers Limited has informed the Exchange about Action(s) taken or orders passed under GST Act 2017 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹147 Cr -7.5% vs Jun 2025.
Net profit ₹19 Cr -34.5%.
Against our estimate for Jun 2026: sales -22.3%, profit -43.7% in line. Our estimate for Sep 2026: sales Rs 321 Cr, profit Rs 49 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| DLF Ltd | 161,638 | 37.6 | 6.32 % |
| Lodha Developers Ltd | 110,592 | 26.8 | 16.4 % |
| Phoenix Mills Ltd | 68,996 | 53.2 | 12.4 % |
| Oberoi Realty Ltd | 64,099 | 24.2 | 17.3 % |
| Prestige Estates Projects Ltd | 61,056 | 53.6 | 10.4 % |
| Godrej Properties Ltd | 49,232 | 30.4 | 7.63 % |
| Anant Raj Ltd | 21,675 | 37.5 | 12.1 % |
| Brigade Enterprises Ltd | 18,370 | 27.0 | 10.5 % |
| Horizon Industrial Parks Ltd | 14,709 | 3.18 % | |
| Sobha Ltd | 13,008 | 56.4 | 6.86 % |
| Aditya Birla Real Estate Ltd | 12,963 | -4.48 % | |
| SignatureGlobal India Ltd | 10,614 | 2.38 % | |
| Sri Lotus Developers & Realty Ltd | 10,466 | 40.7 | 21.2 % |
| Max Estates Ltd | 9,312 | 1,586 | 1.40 % |
| Embassy Developments Ltd | 7,833 | -2.44 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2025-08-01 | Interim Dividend - Re 1 Per Share |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)
Quick answers
What is the market cap of Arkade Developers Ltd?
Arkade Developers Ltd (ARKADE) has a market capitalisation of Rs 2,270 Cr. at the 2026-10-01 close.
What is the P/E ratio of Arkade Developers Ltd?
Arkade Developers Ltd trades at a P/E of 12.8 on trailing twelve-month profit, at the 2026-10-01 close.
What were Arkade Developers Ltd's latest quarterly results?
In the Jun 2026 quarter, Arkade Developers Ltd sales was Rs 147 Cr (-7.5% vs Jun 2025) and net profit was Rs 19 Cr.
What is the 52-week high and low of Arkade Developers Ltd?
The 52-week high is Rs 180.00 and the 52-week low is Rs 92.62.