Key Metrics 
Check Before You Invest 
10 Yrs X-Ray 
Valuation 
Analyst Note 
Qtr. Results 
Financials 
News 
About
Arkade Developers Ltd (ARKADE)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544261 NSE: ARKADE Construction - Real Estate | Small Cap | Arkade Developers Share Price
₹122.15 -0.10 (-0.08%)
As on 11-Sep'26 16:59
Arkade Developers Ltd (ARKADE)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544261 NSE: ARKADE Construction - Real Estate | Small Cap | Arkade Developers Share Price
₹122.15 -0.10 (-0.08%)
As on 11-Sep'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹2,270 Cr.
Current Price
₹122.2
52-Week Low / High
₹94 / 185
TTM EPS
₹-0.2
TTM Sales
₹804 Cr.
Book Value per Share
₹48.5
P/E Ratio
0.00
Lower than its 5-year historical median
Industry PE
44.5
Price to Book (P/B)
2.52
Lower than its 5-year historical median
Price to Sales (P/S)
2.82
Lower than its 5-year historical median
EV/EBITDA
12.30
Lower than its 5-year historical median
Dividend Yield
0.82%
Profitability Efficiency
Return on Equity (ROE)
0.60%
Underperforms industry median
Return on Capital Employed (ROCE)
0.89%
Underperforms industry median
Return on Assets (ROA)
0.45%
Operating Profit Margin
23.2%
Net Profit Margin
0.65%
Gross Profit Margin
24.5%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
19.47%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-8.22%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-96.63%
Asset Quality
Promoter Holding
71.19%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹715 Cr.
Equity
₹185.7 Cr.
Face Value
₹10
All Time Low / High
₹93.95 / 213.30
Check Before You Invest
Quality
Somewhat GoodValuation
FairCheck Valuation charts
Price Trend
Weak
Is Arkade Developers Ltd a good quality company?
Arkade Developers Ltd is a weak quality company, based on a inconsistent multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Arkade Developers Ltd performance compare with that of its Peers?
Revenue growth of Arkade Developers Ltd vs industry peers?
Arkade Developers Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 0%, indicating stable growth and maintaining its market share.
Promoter shareholding and pledge status of Arkade Developers Ltd?
Promoters hold 71.19% of the Arkade Developers Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Arkade Developers Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -31.24% based on the current price.
10 Year X-Ray :
Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Arkade Developers Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation ⓘ
| Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|
| ROCE % ⓘ | 31.2% | 28.8% | 45.4% | 30.7% | 0.9% | - |
| Value Creation Index ⓘ | 1.2 | 1.1 | 2.2 | 1.2 | -0.9 | - |
Growth Parameters ⓘ |
||||||
| Sales ⓘ | 226 | 220 | 635 | 683 | 816 | 804 |
| Sales YoY Gr. | - | -2.7% | 188.3% | 7.6% | 19.5% | - |
| Adj EPS ⓘ | 2.7 | 3.4 | 8.1 | 8.4 | 7 | -0.2 |
| YoY Gr. | - | 27.1% | 138.2% | 4.2% | -16.2% | - |
| BVPS (₹) ⓘ | 9.6 | 13.2 | 21.3 | 47.6 | 47.5 | 48.5 |
| Adj Net Profit ⓘ | 40.5 | 51.5 | 122 | 156 | 131 | -4 |
| Cash Flow from Ops. ⓘ | -133 | -97.1 | 102 | -217 | -120 | - |
| Debt/CF from Ops. ⓘ | -0.5 | -1.5 | 0.7 | -0.5 | -0.8 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 54.8% | 19.5% | ||||
| Adj EPS ⓘ | NA | NA | 27.7% | -16.2% | ||||
| BVPSⓘ | NA | NA | 53.4% | -0.2% | ||||
| Share Price | - | - | - | -31.7% | ||||
Key Financial Parameters ⓘ
| Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 27.9 | 29.8 | 46.7 | 25.8 | 14.8 | -0.5 |
| Op. Profit Mgn % ⓘ | 23.3 | 30.4 | 26.4 | 30.2 | 23.2 | 22.8 |
| Net Profit Mgn % ⓘ | 17.9 | 23.4 | 19.3 | 22.8 | 16 | -0.5 |
| Debt to Equity ⓘ | 0.4 | 0.7 | 0.2 | 0.1 | 0.1 | - |
| Working Cap Days ⓘ | 0 | 693 | 298 | 394 | 433 | 205 |
| Cash Conv. Cycle ⓘ | 0 | 631 | 262 | 353 | 390 | 175 |
Valuation of Arkade Developers - Consolidated
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|
| Sales | 108 | 229 | 220 | 635 | 683 | 816 |
| Operating Expenses ⓘ + | 82 | 174 | 153 | 467 | 477 | 627 |
| Operating Profit ⓘ | 26 | 54 | 67 | 167 | 206 | 189 |
| Operating Profit Margin (%) | 24.2% | 23.8% | 30.4% | 26.4% | 30.2% | 23.2% |
| Other Income ⓘ + | 5 | 8 | 4 | 1 | 12 | 12 |
| Interest ⓘ | 1 | 4 | 8 | 3 | 2 | 1 |
| Depreciation ⓘ | 0 | 0 | 0 | 1 | 5 | 10 |
| Profit Before Tax ⓘ | 29 | 66 | 67 | 165 | 211 | 8 |
| Tax ⓘ | 7 | 15 | 16 | 42 | 54 | 3 |
| Profit After Tax | 22 | 51 | 51 | 123 | 157 | 5 |
| PAT Margin (%) | 20.1% | 22.2% | 23.1% | 19.4% | 23.0% | 0.7% |
| Adjusted EPS (₹) | 1.4 | 3.3 | 3.3 | 8.1 | 8.5 | 0.3 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 345.20% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 99 | 149 | 200 | 323 | 884 | 882 | |||||
| Debt + | 14 | 64 | 149 | 69 | 113 | 98 | |||||
| Minority Interest | 1 | -0 | 0 | 0 | 0 | -0 | |||||
| Trade Payables | 22 | 14 | 24 | 38 | 46 | 44 | |||||
| Others Liabilities ⓘ | 213 | 142 | 182 | 143 | 206 | 101 | |||||
| Total Liabilities ⓘ | 350 | 370 | 555 | 574 | 1,249 | 1,125 | |||||
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 0 | 2 | 2 | 14 | 19 | 40 | |||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 5 | |||||
| Investments ⓘ | 114 | 40 | 17 | 18 | 138 | 74 | |||||
| Inventories | 204 | 299 | 501 | 488 | 906 | 910 | |||||
| Trade Receivables | 13 | 5 | 4 | 8 | 35 | 24 | |||||
| Cash Equivalents | 12 | 10 | 18 | 25 | 134 | 25 | |||||
| Others Assets ⓘ | 7 | 15 | 14 | 22 | 17 | 46 | |||||
| Total Assets ⓘ | 350 | 370 | 555 | 574 | 1,249 | 1,125 | |||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | 145 | -123 | -99 | 101 | -218 | -119 |
| Cash Flow From Investing Activity ⓘ + | -98 | 76 | 29 | -12 | -229 | 145 |
| Cash Flow From Financing Activity ⓘ | -50 | 45 | 84 | -83 | 445 | -24 |
| Net Proceeds from Shares ⓘ + | 0 | 0 | 0 | 0 | 430 | 0 |
| Net Cash Flow ⓘ | -3 | -2 | 14 | 6 | -1 | 2 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 21.91 | 40.9 | 29.02 | 46.94 | 26 | 0.6 | ||||
| ROCE (%) | 26.94 | 42.79 | 26.52 | 45.34 | 30.68 | 0.89 | ||||
| Asset Turnover Ratio | 0.31 | 0.64 | 0.48 | 1.12 | 0.75 | 0.69 | ||||
| PAT to CFO Conversion(x) | 6.59 | -2.41 | -1.94 | 0.82 | -1.39 | -23.8 | ||||
| Working Capital Days | ||||||||||
| Receivable Days | 42.50 | 14.30 | 7.40 | 3.40 | 11.50 | 13.20 | ||||
| Inventory Days | 688 | 401.10 | 662.80 | 284.20 | 372.40 | 406 | ||||
| Payable Days | 122.50 | 43.80 | 59.40 | 28.30 | 40 | 32 | ||||
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Arkade Developers Ltd FAQs
The current trading price of Arkade Developers on 11-Sep-2026 16:59 is ₹122.2.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 10-Sep-2026 the market cap of Arkade Developers stood at ₹2,269.7 Cr
The latest P/E ratio of Arkade Developers as of 10-Sep-2026 is 0.00.
The latest P/B ratio of Arkade Developers as of 10-Sep-2026 is 2.52.
The 52-week high of Arkade Developers is ₹185.3 and the 52-week low is ₹93.95.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Arkade Developers is ₹804 ( Cr.) .
Past 10 year's financial track record analysis by Moneyworks4me indicates that Arkade Developers Ltd is a average quality company.
The key valuation ratios of Arkade Developers Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Arkade Developers Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
About Arkade Developers Ltd
Arkade Developers Limited was originally incorporated as ‘Arkade Developers Private Limited’, at Mumbai as a private limited company under the Companies Act, 1956 and received a certificate of incorporation issued by the RoC, on May 13, 1986. Thereafter, the company was converted into a public limited company, pursuant to a special resolution passed by its Shareholders on June 5, 2023, and the name of the company was changed to its present name pursuant to a fresh certificate of incorporation issued by the RoC on July 7, 2023.
Arkade Developers is a real estate development Company concentrating on the development of premium aspirational lifestyle residential premises in Mumbai, Maharashtra, India’s commercial capital. The company’s business can broadly be classified into two categories: (i) development / construction of residential premises on land acquired by the company (New Projects) and (ii) redevelopment of existing premises (Redevelopment Projects).
The company has developed a strong brand proposition and successful track record including by leveraging its lineage - Amit Mangilal Jain, its Promoter, is a second-generation real estate entrepreneur whose family has been involved in real estate development since 1986. It owes its strong brand recognition in MMR, Maharashtra and its track-record to its customer-centric approach, and its business model which lays emphasis on developing high-end and premium budget aesthetically designed, sustainable residential premises with life-style amenities and facilities in the high-density areas in MMR, Maharashtra. It also has a consistent track-record of meeting its project delivery timelines which is a critical aspect of its brand.
Business area of the company
The company is primarily engaged in real estate development. The operations of the company span all aspects of real estate development, from the identification and acquisition of land, to planning, execution, construction and marketing of Commercial and residential projects.
Awards and accreditations
- 2024: Iconic Luxury Residential Project of the Year 2024 by Mid-Day Real Estate & Infrastructure Icons.
- 2024: Iconic Residential Developer of the Year 2024 by Times Real Estate Conclave Awards 2024.
- 2023: Precertified Platinum by Indian Green Building Council (IGBC) for Project Arkade Crown.
- 2023: Precertified Platinum by Indian Green Building Council (IGBC) for Project Arkade Aspire.
- 2018: Real Estate Icons by Mid-day for Project Arkade Earth.
History and milestones
- 2005: Acquired and Launched Project Casa Bella in Borivali West.
- 2007: Commenced Redevelopment of Vineet Co-operative Housing Society in Kandivali West
- 2008: Commenced Redevelopment of Om Khushal Co-operative Housing Society in Vile Parle East.
- 2013: Completed the Company’s first project in South Mumbai, namely, Project Arkade Fortuna.
- 2016: Entered into Development Agreement for Project Arkade Earth in Kanjurmarg.
- 2018: Successfully completed project named Arkade Art in Mira Road
- 2020: Completed a project in South Mumbai at Carmichael Road named Arkade Rise.
- 2021: Acquired Land in Andheri East admeasuring 2,091.60 square metres
- 2021: Acquired Land in Goregaon East 5,932.90 square metres
- 2022: Completed development of Project Arkade Earth in Kanjurmarg.
- 2022: Commenced Redevelopment of Vivek Co-operative Housing Society in Santacruz West.
- 2022 Completed development of Project Arkade Darshan in Vile Parle East.
- 2023 Acquired Land in Nahur, Mulund admeasuring 8,327.20 square metres.
- 2023 Successfully completed Arkade Serene within 19 months from Commencement Certificate.
- 2023 Acquired Land in Bhandup admeasuring 11,967 square metres.
- 2024 Successfully completed Arkade Crown within 25 months from Commencement Certificate.
You have 46 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
