Arvind SmartSpaces Limited — PPTs, 10-02-2026: Investor Presentation

Arvind SmartSpaces saw strong Q3 FY26 operational performance with bookings up 48% YoY to Rs. 331 Cr. 9M bookings reached a record Rs. 938 Cr (+5% YoY), fueled by strong sales in Ahmedabad and Bengaluru projects. Collections also increased, with Q3 at Rs. 317 Cr (+38% YoY) and 9M at Rs. 744 Cr (+2% YoY). While Q3 revenue declined to Rs. 166.4 Cr and PAT to Rs. 29.2 Cr YoY (reflecting revenue recognition accounting standards), Operating Cash Flow (OCF) was robust at Rs. 169 Cr for Q3 (+128% YoY).

The company significantly expanded its project pipeline, adding initiatives with a total topline potential of ~Rs. 2,510 Cr this year, including premium residential projects in Sarjapur, Vastrapur, and Whitefield. Its asset-light model and strategic partnerships, like with HDFC Capital, are key growth drivers. Management maintains disciplined financial management, keeping Net Debt to Equity at 0.13. Substantial unrecognized revenue of Rs. 3,289 Cr points to future earnings. The company is focused on scaling its business.