ARKADE DEVELOPERS LIMITED
₹107.30-₹0.95 (-0.9%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹2,376 Cr
- P/E
- 15.2x
- EV / EBITDA
- 13.8x
- Revenue
- ₹683 Cr
- Net margin
- 19.4%
- ROCE
- 42.6%
Price chart
Technical chartScreen technicals →-37.1% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -10.2%
- 3M
- -23.8%
- 6M
- -9.0%
- 1Y
- -37.1%
- 5Y
- -31.0%
52-week range
Day change -₹0.95 (-0.9%) from ₹108 to ₹107 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in ARKADE, bought on each weekday since 2024.
AI Summary
Indian StockStrengths1
- Healthy return on equity of 38.1%
Concerns1
- Negative free cash flow (₹446 Cr)
Rule-based from financial data. Not advice.
About the company
Arkade Developers Limited operates as a real estate development company in India. It is involved in the development/construction of residential premises on acquired land; greenfield development and redevelopment of existing premises; and identification, acquisition of land. The company also plans, executes, constructs, and markets commercial and residential projects. In addition, it has projects in Mumbai and Thane in Maharashtra, India. Arkade Developers Limited was incorporated in 1986 and is based in Mumbai, India.
- Sector
- Construction & Real Estate
- Shares outstanding
- 18.6 Cr shares
- ISIN
- INE0QRL01017
- BSE code
- 544261
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹2,376 Cr
- P/E
- 15.2x
- P/B
- 2.5x
- EV / EBITDA
- 13.8x
- EV / Sales
- 3.7x
- P/S
- 3.7x
- Earnings yield
- 6.6%
- 52-week high
- ₹174.65
- 52-week low
- ₹94.70
Profitability
- Operating margin
- 26.5%
- Net margin
- 19.4%
- EBITDA margin
- 26.8%
- ROE
- 38.1%
- ROCE
- 42.6%
- ROA
- 21.4%
- Dividend payout
- 0.0%
- Tax rate
- 26.0%
- Other income, % of PBT
- 1.2%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹683 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 7.6%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹170 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 129.7%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 27.6%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹102 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -205.2%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹1.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 3.6%
Solvency and efficiency
- Current ratio
- 3.11
- Debt / Equity
- 0.22
- Debt / Assets
- 0.12
- Debt / EBITDA
- 0.42
- Interest coverage
- 56.00
- Financial leverage
- 1.78
- CFO / Net profit
- 0.83
- Cash / Market cap
- 22.8%
- Cash per share
- ₹29.20
- Asset turnover
- 1.10
- Fixed asset turnover
- 45.36
- Capital intensity
- 0.02
- Debtor days
- 5 days
- Cash conversion cycle
- 5 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹23 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹477 Cr |
| Sales | Operating profit | ₹206 Cr |
| Operating profit | Interest | ₹2 Cr |
| Operating profit | Depreciation | ₹5 Cr |
| Operating profit | Profit before tax | ₹199 Cr |
| Other income | Profit before tax | ₹12 Cr |
| Profit before tax | Tax and other | ₹54 Cr |
| Profit before tax | Net profit | ₹157 Cr |
Revenue and net profit
Revenue grew 7.6% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹52 Cr | ₹20 Cr |
| FY2022 | ₹223 Cr | ₹49 Cr |
| FY2023 | ₹220 Cr | ₹55 Cr |
| FY2024 | ₹635 Cr | ₹123 Cr |
| FY2025 | ₹683 Cr | ₹157 Cr |
Cash flows
FY2025: -₹217 Cr from operations, -₹446 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹105 Cr | ₹30 Cr |
| FY2022 | -₹133 Cr | -₹51 Cr |
| FY2023 | -₹97 Cr | -₹71 Cr |
| FY2024 | ₹102 Cr | ₹90 Cr |
| FY2025 | -₹217 Cr | -₹446 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹683 Cr+7.6%1Y
- Net profit
- ₹157 Cr+27.6%1Y
- Cash from operations
- -₹217 Cr
- Free cash flow
- -₹446 Cr-595.6%1Y
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹683 Cr | ₹206 Cr | — | ₹157 Cr | -₹217 Cr | -₹446 Cr | 17.8% | +7.6% | +27.6% |
Monthly returns
Month-by-month returns of ARKADE across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹1,250 Cr |
| Equity capital | ₹186 Cr |
| Reserves | ₹698 Cr |
| Borrowings | ₹115 Cr |
| Other liabilities | ₹252 Cr |
| Assets | ₹1,250 Cr |
| Fixed assets | ₹19 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹139 Cr |
| Other assets | ₹1,093 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
ARKADE trades at 15.2x earnings against a peer median of 55.8x (a 73% discount).
Not shown (no positive earnings and no EV / Sales): Raymond Realty Limited, Sagar Cements Ltd.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| ARKADE DEVELOPERS LIMITEDARKADEthis companyP/E ↓ discount | ₹2,376 Cr | 15.2x | 2.5x | 38.1% | 13.8x |
| Awfis Space Solutions LimitedAWFIS | ₹3,289 Cr | 67.4x | 6.7x | 19.1% | 15.8x |
| Kolte-Patil Developers LtdKOLTEPATIL | ₹3,255 Cr | 83.0x | 2.7x | -9.3% | -157.3x |
| Hubtown LimitedHUBTOWN | ₹3,201 Cr | 28.3x | 1.1x | 0.4% | 58.9x |
| Raymond Realty LimitedRAYMONDREL | ₹3,165 Cr | — | 2.3x | — | — |
| Ashiana Housing LimitedASHIANA | ₹2,918 Cr | 36.8x | 3.7x | 10.4% | 23.0x |
| Sagar Cements LtdSAGCEM | ₹2,643 Cr | — | 1.6x | 1.8% | 12.5x |
| Arvind SmartSpaces LimitedARVSMART | ₹2,629 Cr | 1348.0x | 4.8x | 9.6% | 33.9x |
| Brigade Hotel Ventures LimitedBRIGHOTEL | ₹2,534 Cr | 125.0x | 2.6x | 17.0% | 24.9x |
| Peer median | — | 55.8x | 3.7x | 6.8% | 32.9x |
Year-to-date ROI
ARKADE since 1 January, against earlier years.
Historical volatility
ARKADE's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 48.0% |
| FY2022 | 24.0% |
| FY2023 | 27.0% |
| FY2024 | 26.0% |
| FY2025 | 30.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹683 Cr |
| Costs | |
| Interest | ₹2 Cr |
| Expenses | ₹477 Cr |
| Operating profitOperating Profit | ₹206 Cr |
| Other income and charges | |
| Profit before tax | ₹211 Cr |
| Tax | |
| Net profitNet Profit | ₹157 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹1,250 Cr |
| Equity capitalEquity Capital | ₹186 Cr |
| Reserves | ₹698 Cr |
| Borrowings | ₹115 Cr |
| Other liabilitiesOther Liabilities | ₹252 Cr |
| AssetsTotal Assets | ₹1,250 Cr |
| Fixed assetsFixed Assets | ₹19 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹139 Cr |
| Other assetsOther Assets | ₹1,093 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | -₹217 Cr |
| Investing cash flowCash from Investing Activity | -₹229 Cr |
| Financing cash flowCash from Financing Activity | ₹445 Cr |
| Change in cashNet Cash Flow | -₹1 Cr |
Learn while you research
Academy chapters picked for ARKADE DEVELOPERS LIMITED and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read