Arvind SmartSpaces Limited — Investor Meet, 02-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Arvind SmartSpaces posted strong Q1 FY26 results. Revenues surged 37% YoY to ₹102 Cr, Adjusted EBITDA soared 205% to ₹24.5 Cr, and PAT jumped 159% to ₹12 Cr. Bookings stood at ₹175 Cr, with collections at ₹191 Cr. The company's net cash position improved to ₹(50) Cr, indicating financial strength with a low debt-to-equity ratio of (0.08). Management aims for strong FY26 sales, planning launches with ₹5,000 Cr topline potential across Ahmedabad, Bengaluru, and MMR. They're targeting 6-7 new projects with ₹4,000-5,000 Cr potential in the next 12 months, signaling an aggressive growth path with an asset-light model. The sentiment is confident.