Q2 FY27 Consolidated Financial Performance (YoY)

  • Total Revenue: ₹147 crore
  • Gross Margin: 35% (improved from previous period)
  • Operating EBITDA: ₹35 crore
  • EBITDA Margin: 24%
  • Profit After Tax: ₹25 crore
  • PAT Margin: 17%

H1 FY27 Consolidated Financial Performance (YoY)

  • Total Revenue: ₹296 crore
  • Gross Margin: 32% (improved from previous period)
  • Operating EBITDA: ₹63 crore
  • EBITDA Margin: 21%
  • Profit After Tax: ₹44 crore
  • PAT Margin: 15%

Operational Metrics

  • Q2 FY27 Collections: ₹183 crores (22% growth YoY from ₹150 crores in Q2 FY26)
  • H1 FY27 Collections: ₹347 crores (8% growth YoY from ₹320 crores in H1 FY26)
  • Q2 FY27 Pre-sales: ₹151 crores
  • H1 FY27 Pre-sales: ₹306 crores

Balance Sheet Position as of September 30, 2026

  • Liquid Cash Balance: ₹119 crore
  • Gross Debt: ₹56 crore
  • Net Liquid Cash Balance: ₹63 crore
  • Net Debt: NIL

Project Pipeline and Development Strategy

  • Total Project Pipeline Estimated GDV: ₹19,000 crore
  • Saleable Carpet Area: Approximately 5.7 million sq. ft.
  • Planned Q3 FY27 Launches: Two projects with combined GDV of ₹2,800 crore
  • Strategic land acquisitions across key micro-markets in Mumbai Metropolitan Region (MMR)
  • Current Under Construction: 2+ million square feet

Company Track Record

  • Completed Projects: 33 projects
  • Total Developed Area: 5.8+ million square feet
  • Homes Created: 5,800+ families
  • Legacy: 40 years in real estate development
  • Certifications: ISO 9001-2015 & 45001-2018 Certified

Management Commentary

Mr. Amit Jain, Chairman and Managing Director, commented on the healthy 22% year-on-year growth in Q2 FY27 collections, emphasizing continued focus on execution and disciplined project management. He noted that while presales remained moderate amid evolving market dynamics, the company maintains emphasis on timely project delivery, customer trust and operational efficiency.

The management expressed confidence in long-term growth prospects given the strong project pipeline carrying estimated GDV of approximately ₹19,000 crore. The target to launch two projects with combined GDV of ₹2,800 crore in Q3 FY27 reflects commitment to expanding portfolio and creating sustainable value for stakeholders. The company will continue to focus on prudent growth, quality development and delivering long-term value to customers and shareholders.

Corporate Background

Arkade Developers is a luxury real estate developer in Mumbai with over 40 years of legacy, listed on both BSE and NSE. The company operates under the core philosophy of "Family First" and focuses on building family-friendly homes while upholding values of trust, transparency, commitment, and happiness. The company is known for timely project deliveries and uses advanced technologies to ensure high standards.