Mumbai, Oct 29: Arkade Developers Limited, one of Mumbai’s leading real estate development companies, has announced its audited financial results for the quarter and half year ended September 30, 2026.
Q2 FY27 Consolidated Financial Performance Snapshot (Y-o-Y)
The company reported Total Revenue of ₹ 147 crore, Gross Margin improved to 35%. Operating EBITDA stood at ₹ 35 crore, with EBITDA margin of 24%. Profit After Tax stood at ₹ 25 crores with PAT margin of 17%.
H1 FY27 Consolidated Financial Performance Snapshot (Y-o-Y)
The company reported Total Revenue of ₹ 296 crore, Gross Margin improved to 32%. Operating EBITDA stood at ₹ 63 crore, with EBITDA margin of 21%. Profit After Tax stood at ₹ 44 crores with PAT margin of 15%.
Key Highlights :
• Maintained a strong balance sheet with liquid cash balance of ₹ 119 Cr with gross debt of ₹ 56 Cr as at Sept 30, 2026, Net liquid cash balance of ₹ 63 Cr
• Project pipeline comprises an estimated GDV of ₹ 19,000 Cr across approximately 5.7 million sq. ft. of saleable carpet area, providing strong growth visibility.
• Successfully advanced business development initiatives through strategic land acquisitions across key micro-markets in Mumbai Metropolitan Region (MMR).
• The company continued to maintain its track record of timely project execution and delivery across ongoing developments.
Commenting on the results, Mr. Amit Jain, Chairman and Managing Director, said:
“We are pleased to report a healthy 22% year-on-year growth in collections during Q2 FY27, reflecting our continued focus on execution and disciplined project management. While pre-sales remained moderate amid evolving market dynamics, our emphasis on timely project delivery, customer trust and operational efficiency continues to guide our business strategy.
With a strong project pipeline carrying an estimated Gross Development Value (GDV) of approximately ₹19,000 crore, we remain confident in our long-term growth prospects. Our target to launch two projects with a combined GDV of ₹2,800 crore in Q3 of FY 27 reflects our commitment to expanding our portfolio and creating sustainable value for our stakeholders. We will continue to focus on prudent growth, quality development and delivering long-term value to our customers and shareholders.”
