Arvind SmartSpaces (ARVSMART)₹602.55−1.14%Residential, Commercial Projects
In the Jun 2026 quarter (consolidated), Arvind SmartSpaces reported sales of ₹317 Cr, up 211.8% from Jun 2025, and net profit of ₹96.94 Cr, up 708.5% year on year. For the year to Mar 2026, sales were ₹563 Cr and net profit ₹103 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 72.90 | 83.85 | 117 | 73.88 | 266 | 210 | 163 | 102 | 141 | 166 | 155 | 317 |
| Expenses | 39.14 | 64.22 | 86.34 | 65.21 | 201 | 151 | 130 | 80.31 | 111 | 125 | 96.32 | 161 |
| Operating Profit | 34.06 | 20.02 | 31.05 | 9.01 | 66.07 | 59.01 | 34.02 | 21.01 | 30.03 | 42.06 | 59.09 | 156 |
| OPM % | 46.9% | 23.9% | 26.9% | 11.9% | 24.9% | 27.9% | 20.9% | 21.0% | 20.9% | 24.9% | 37.9% | 49.0% |
| Other Income | 3.01 | 2.01 | 3.01 | 3.01 | 4.01 | 5.01 | 11.04 | 5.01 | 4.01 | 4.01 | 8.02 | 4.01 |
| Interest | 19.01 | 2.99 | 3.99 | 3.01 | 5.01 | 5.01 | 8.01 | 7.99 | 5.99 | 4.99 | 11.99 | 21.98 |
| Depreciation | 0.99 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 2.01 | 1.01 | 2.01 | 2.01 | 4.99 |
| Profit before tax | 16.05 | 18.06 | 28.07 | 7.02 | 64.22 | 58.23 | 36.15 | 17.06 | 25.09 | 39.15 | 54.19 | 134 |
| Tax % | 32.1% | 36.1% | 31.0% | 38.1% | 33.1% | 14.1% | 39.1% | 28.1% | 29.1% | 25.1% | 19.0% | 27.1% |
| Net Profit | 10.99 | 11.99 | 19.99 | 4.99 | 42.96 | 49.99 | 21.99 | 11.99 | 17.99 | 29.01 | 44.01 | 96.94 |
| EPS (Rs) | 1.92 | 2.08 | 3.43 | 0.65 | 8.94 | 10.50 | 4.21 | 2.45 | 3.10 | 6.28 | 9.24 | 21.61 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 115 | 159 | 198 | 261 | 299 | 149 | 257 | 256 | 340 | 712 | 563 | 779 |
| Expenses | 80.27 | 114 | 137 | 195 | 212 | 109 | 209 | 208 | 230 | 546 | 413 | 495 |
| Operating Profit | 35.05 | 44.07 | 61.10 | 68.06 | 89.13 | 41.05 | 49.03 | 49.03 | 112 | 168 | 152 | 287 |
| OPM % | 30.9% | 28.0% | 31.0% | 25.9% | 29.9% | 26.9% | 18.9% | 19.0% | 32.9% | 23.9% | 26.9% | 36.9% |
| Other Income | 2.01 | 1.01 | 4.01 | 2.01 | 2.01 | 2.01 | 7.02 | 7.02 | 9.02 | 23.08 | 20.04 | 20.05 |
| Interest | 9.01 | 12.01 | 15.01 | 20.99 | 23.99 | 26.98 | 16.99 | 14.01 | 40.98 | 21.01 | 30.99 | 44.95 |
| Depreciation | 1.01 | 0.99 | 0.99 | 0.99 | 1.01 | 1.01 | 2.01 | 3.01 | 4.01 | 5.01 | 6.01 | 10.02 |
| Profit before tax | 27.11 | 32.08 | 48.15 | 48.16 | 65.19 | 14.05 | 38.15 | 40.12 | 76.20 | 166 | 135 | 253 |
| Tax % | 38.1% | 33.1% | 35.0% | 35.1% | 37.1% | 38.1% | 34.1% | 30.1% | 33.0% | 28.1% | 23.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.98 | 7.97 | 0.00 | — |
| Net Profit | 16.99 | 22.01 | 31.01 | 30.99 | 40.96 | 8.99 | 24.99 | 27.97 | 50.97 | 119 | 103 | 188 |
| EPS (Rs) | 6.67 | 7.15 | 9.48 | 8.71 | 11.08 | 2.47 | 5.91 | 5.66 | 9.18 | 24.27 | 21.04 | 40.23 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 17.0% | 0.0% | 0.0% | 0.0% | 58.1% | 38.1% | 25.0% | 11.1% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.04 | 26.09 | 28.10 | 32.13 | 35.13 | 36.15 | 36.13 | 42.15 | 45.16 | 45.11 | 46.16 | 46.16 |
| Reserves | 116 | 118 | 166 | 264 | 219 | 253 | 276 | 396 | 420 | 448 | 551 | 601 |
| Borrowings | 31.02 | 92.21 | 93.17 | 161 | 171 | 218 | 189 | 29.99 | 146 | 110 | 285 | 583 |
| Other Liabilities | 105 | 121 | 146 | 141 | 354 | 292 | 427 | 670 | 902 | 1,502 | 1,789 | 2,372 |
| Total Liabilities | 263 | 356 | 434 | 598 | 779 | 800 | 928 | 1,138 | 1,514 | 2,106 | 2,671 | 3,604 |
| Fixed Assets | 2.99 | 9.99 | 9.98 | 9.98 | 9.98 | 8.98 | 8.98 | 42.95 | 45.94 | 52.89 | 57.90 | 59.91 |
| CWIP | 0.00 | 0.00 | 11.03 | 12.03 | 14.02 | 20.02 | 39.03 | 13.01 | 17.02 | 19.02 | 25.05 | 62.13 |
| Investments | 0.00 | 0.00 | 1.99 | 1.99 | 1.99 | 0.99 | 0.99 | 0.00 | 82.84 | 103 | 186 | 121 |
| Other Assets | 260 | 346 | 411 | 574 | 754 | 769 | 878 | 1,082 | 1,367 | 1,931 | 2,402 | 3,360 |
| Inventories | 139 | 172 | 267 | 351 | 625 | 661 | 692 | 765 | 955 | 1,359 | 1,487 | 2,219 |
| Trade receivables | 7.02 | 65.24 | 40.16 | 117 | 1.01 | 1.01 | 2.01 | 1.01 | 3.01 | 3.01 | 15.06 | 15.04 |
| Cash & equivalents | 3.99 | 3.99 | 12.99 | 5.99 | 5.99 | 5.99 | 34.97 | 153 | 63.91 | 62.95 | 55.93 | 174 |
| Total Assets | 263 | 356 | 434 | 598 | 779 | 800 | 928 | 1,138 | 1,514 | 2,106 | 2,671 | 3,604 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 56.08 | 26.99 | −19.02 | −147 | 12.01 | −16.01 | 91.06 | 161 | −101 | 30.01 | −84.02 | −170 |
| Cash from investing activity | −0.99 | −0.99 | 0.99 | −0.99 | 0.00 | −6.99 | −41.89 | 28.94 | −81.81 | −27.94 | −109 | −5.98 |
| Cash from financing activity | 22.99 | −20.01 | 26.99 | 141 | −11.01 | 20.99 | −18.99 | −74.02 | 94.99 | −2.99 | 186 | 248 |
| Net cash flow | 78.12 | 6.01 | 10.02 | −7.01 | 0.00 | −1.01 | 30.04 | 116 | −87.16 | −1.01 | −8.01 | 71.19 |
| Capex | 0.99 | 1.99 | 4.99 | 2.99 | 2.99 | 6.99 | 11.99 | 8.99 | 10.98 | 15.99 | 15.99 | 46.94 |
| Free cash flow | 53.90 | 24.95 | −23.97 | −150 | 8.98 | −21.96 | 79.85 | 151 | −111 | 14.98 | −98.83 | −217 |
| CFO / OP % | 251.9% | 99.0% | −17.1% | −217.0% | 36.0% | −3.0% | 224.0% | 359.0% | −132.0% | 41.0% | −19.1% | −70.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 29 | 207 | 93 | 215 | 2 | 1 | 6 | 2 | 4 | 3 | 7 | 10 |
| Inventory days | 8,523 | — | — | — | 9,211 | — | — | — | — | — | — | 4,168 |
| Days payable | 4,158 | — | — | — | 872 | — | — | — | — | — | — | 378 |
| Cash conversion cycle | 4,395 | 207 | 93 | 215 | 8,341 | 1 | 6 | 2 | 4 | 3 | 7 | 3,800 |
| Working capital days | 415 | 437 | 546 | 729 | 326 | 338 | 893 | 305 | 468 | 181 | 55 | 181 |
| ROCE % | — | 18.0% | 16.0% | 16.0% | 15.0% | 19.0% | 8.0% | 10.0% | 9.0% | 16.0% | 19.0% | 13.0% |
For the Jun 2026 quarter, Arvind SmartSpaces reported sales of ₹317 Cr, up 211.8% year on year and net profit of ₹96.94 Cr, up 708.5% year on year. The operating margin was 49.0%.
Arvind SmartSpaces' sales for the year to Mar 2026 were ₹563 Cr; over the last twelve months they were ₹779 Cr.
Net profit for the year to Mar 2026 was ₹103 Cr, and ₹188 Cr over the last twelve months. Earnings per share over the same trailing period were ₹40.23.
Arvind SmartSpaces reported borrowings of ₹583 Cr at Mar 2026, against cash and equivalents of ₹174 Cr.
Cash from operations was −₹170 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹217 Cr.