Arkade Developers Ltd
Arkade Developers Limited is a real estate development company focused on developing high-end, sophisticated lifestyle residential developments in Mumbai, Maharashtra.[1]
- Market Cap ₹ 3,120 Cr.
- Current Price ₹ 168
- High / Low ₹ 190 / 128
- Stock P/E 21.8
- Book Value ₹ 44.5
- Dividend Yield 0.00 %
- ROCE 45.3 %
- ROE 46.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 40.2%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Realty Industry: Construction
Part of BSE Allcap BSE Consumer Discretionary BSE SmallCap BSE IPO
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|
52 | 223 | 220 | 635 | 675 | |
27 | 170 | 160 | 467 | 486 | |
Operating Profit | 25 | 53 | 60 | 168 | 189 |
OPM % | 48% | 24% | 27% | 26% | 28% |
2 | 12 | 14 | 2 | 10 | |
Interest | 1 | 2 | 1 | 3 | 3 |
Depreciation | 0 | 0 | 0 | 1 | 4 |
Profit before tax | 26 | 62 | 72 | 165 | 191 |
Tax % | 24% | 22% | 24% | 26% | |
20 | 49 | 55 | 123 | 143 | |
EPS in Rs | 98.70 | 242.90 | 274.30 | 8.09 | 8.32 |
Dividend Payout % | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 130% |
TTM: | 188% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 84% |
TTM: | 126% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 40% |
Last Year: | 47% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 152 | 186 |
Reserves | 94 | 143 | 198 | 171 | 641 |
12 | 63 | 149 | 69 | 76 | |
238 | 158 | 206 | 182 | 227 | |
Total Liabilities | 347 | 366 | 555 | 575 | 1,130 |
0 | 2 | 2 | 12 | 12 | |
CWIP | 0 | 0 | 0 | 0 | 4 |
Investments | 28 | 40 | 17 | 18 | 32 |
318 | 324 | 536 | 544 | 1,082 | |
Total Assets | 347 | 366 | 555 | 575 | 1,130 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
105 | -133 | -97 | 102 | |
-75 | 82 | 26 | -12 | |
-28 | 48 | 85 | -83 | |
Net Cash Flow | 2 | -2 | 14 | 6 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 13 | 9 | 6 | 5 |
Inventory Days | 1,375 | 415 | ||
Days Payable | 65 | 33 | ||
Cash Conversion Cycle | 13 | 9 | 1,316 | 387 |
Working Capital Days | 512 | 259 | 506 | 192 |
ROCE % | 39% | 26% | 45% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
8 Apr - Arkade Developers registers ₹865 Crores redevelopment agreement.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Certificate received from RTA Bigshare Service Pvt Ltd for the quarter ended March 31, 2025
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Closure of Trading Window
26 Mar - Closure of trading window for insider trading regulations.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
21 Mar - Newspaper Advertisement for Postal ballot and E-voting.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
20 Mar - Of schedule of Investor/Analyst meet under the SEBI (LODR ) Regulation 2015.
Concalls
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Jan 2025Transcript PPT REC
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Nov 2024Transcript PPT
Business Model[1][2]
New Projects: These involve development of residential units on their land; including premium, lifestyle-oriented residential properties with modern amenities