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Wednesday, September 24, 2025

Arkade Developers clocks one year on bourses with steady growth, ₹12,000-cr project pipeline

BusinessArkade Developers clocks one year on bourses with steady growth, ₹12,000-cr project pipeline

Mumbai-based real estate developer — Arkade Developers Ltd, has completed one year as a listed company on the NSE and BSE, reporting robust growth in revenue, profits, and project launches.

The company, which made its public debut in September 2024 with an initial public offering oversubscribed 107 times and listed at a 37% premium, posted a 9% rise in revenue to ₹695 crore and a 27.6% increase in net profit to ₹157 crore in FY 2024-25. Earnings per share also improved, reinforcing its ability to deliver long-term shareholder value.

Strong Operational Momentum

Arkade reported its highest-ever pre-sales of ₹773 crore in FY 2024-25, up 20% year-on-year, while collections grew 22% to ₹716 crore. The growth trajectory continued into the first quarter of FY 2025-26 with pre-sales of ₹142 crore (up 17% YoY) and collections of ₹170 crore (up 42% YoY).

In July 2025, the company announced its maiden interim dividend of 10%. Promoters and whole-time directors chose to forgo their dividend entitlement to conserve capital and support growth plans.

Project Launches and Deliveries

Over the past year, Arkade launched three residential projects — Arkade Rare in Bhandup, Arkade Views and Arkade Vistas in Goregaon East — all of which received a strong market response. It also completed and handed over four projects: Arkade Crown in Borivali West, Arkade Prime in Andheri East, Arkade Aura in Santacruz West, and Arkade Aspire in Goregaon East. With these deliveries, its completed portfolio now stands at 31 projects covering 5.5 million sq. ft., while another 2 million sq. ft. is under active construction.

Arkade entered the list of India’s top 1,000 companies by market capitalization within four months of listing, underscoring investor confidence.

Management Commentary

“For over 39 years, Arkade has been driven by a singular purpose – to create a true sense of belonging while staying rooted in our family-first values,” said Amit Jain, Chairman and Managing Director, Arkade Developers. “Our IPO journey has only strengthened this commitment. As we continue to redefine Mumbai’s skyline, the focus remains on delivering projects that elevate lifestyles and stand as a testament to our legacy of trust and quality.”

Growth Pipeline

The company is preparing to launch more than 10 new projects across Andheri, Malad, Dahisar, Borivali, Goregaon, Thane, and Bhandup. Key acquisitions include the 4-acre Filmistan Studios property in Goregaon, with a projected gross development value (GDV) of ₹3,200 crore, and a 6.2-acre land parcel in Thane with a GDV of ₹2,000 crore. Arkade’s overall development pipeline now aggregates an estimated GDV of ₹12,000 crore.

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