ALFA Finder| Revenue growth | H1 revenue ₹475 Cr, +96% YoY; Q2 revenue ₹157 Cr. |
|---|---|
| Margins | Mgmt claims margins beat guidance; Q2 PAT margin ~14%; EBITDA guide 22–25%. |
| Order book | Unrealised OCF pipeline ₹5,197 Cr; FY27 BD potential ~₹3,100 Cr added. |
| Demand visibility | Life-stage buyer demand; H1 bookings cover ~90% of FY26 bookings. |
| Management confidence | Optimistic; guidance raised sharply, yet margin guide kept conservative. |
Growth
H1 revenue +96%, PAT ~4x; Q2 PAT only +25%, indicating Q2 deceleration. Bookings +120% H1, lumpy launches.
Outlook
FY27 bookings ₹2,600–2,700 Cr (70–75%); BD ₹4,000–5,000 Cr, upper end likely; margin 22–25% retained; ~30% long-term growth.
Risks
Cost pressure from West Asia/crude; margin guide 22–25% unexplained against ~14% Q2 PAT margin; launch timing may slip into Q4; late-cycle market.
Last quarter's promises, checked
Delivered
- Bookings +35–40% (₹2,100–2,200 Cr) → H1 +120%, guide raised (= BEAT)
- OCF pipeline ~₹5,100 Cr → ₹5,197 Cr (= BEAT)
Partly delivered
- Launches ₹3,000–3,500 Cr → Urban Silva ₹500 Cr; Q4 slip risk (= PARTIAL)
- BD ₹4,000–5,000 Cr → ~₹3,100 Cr (= PARTIAL)
- EBITDA 22–25% → undisclosed; Q2 PAT ~14% (= PARTIAL)
Missed
- Gradual debt rise (net D/E 0.29x) → D/E 0.26x, definitions differ (= MISS)
Earnings Call Transcript filed with NSE, NSE: ARVSMART. Summary written with AI assistance from the document.
Arvind SmartSpaces Ltd: key numbers
- Share price
- ₹606.50
- Market cap
- ₹2,783 Cr
- Revenue (annual)
- ₹564.0 Cr
- Net profit (annual)
- ₹96.44 Cr
- P/E (TTM)
- 14.8×Sector 38.2×
- Promoter holding
- 53.77%-0.06% QoQ
- FII holding
- 0.59%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Arvind SmartSpaces Ltd
All →Arvind SmartSpaces Acquisition
Arvind SmartSpaces will acquire 1,500 equity shares (15%) of newly incorporated Arvind Global Capability Center for Rs. 15,000 in cash. The related-party deal is expected to complete within one month.
- Execution
- Within one month from the date of Board approval
Arvind SmartSpaces Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹157.4 Cr (+12% YoY), PAT ₹22.7 Cr; H1 revenue ₹475 Cr (+96%), H1 bookings ₹1,338 Cr (+120%).
Arvind SmartSpaces Results Update
Arvind SmartSpaces reported record Q2 FY27 bookings, up 110% YoY, with higher revenue and profit. The release covers unaudited results for the half year ended September 2026.
Arvind SmartSpaces Q2 FY27 Results: Net Profit ₹22.7 Cr, Up 25.4% YoY
Arvind SmartSpaces Ltd reported revenue from operations of ₹157.4 Cr (+12.0% YoY) and net profit of ₹22.7 Cr (+25.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹22.7 Cr · +25.4% YoY
Arvind SmartSpaces Employee Stock Options
Arvind SmartSpaces granted 10,000 stock options under its ESOP 2016 scheme at Rs. 563.85 exercise price. Options vest 2027-2030, with no cash value realised yet.
- Execution
- Vesting 01-11-2027 to 01-11-2030; exercisable within 5 years from vesting
Arvind SmartSpaces Board Meeting Date
Arvind SmartSpaces will meet on 5 November 2026 to consider unaudited September 2026 quarter and half-year results. Trading window stays closed until 48 hours post-announcement.