Arkade Developers Ltd

Arkade Developers Ltd

₹ 168 2.73%
17 Apr - close price
About

Arkade Developers Limited is a real estate development company focused on developing high-end, sophisticated lifestyle residential developments in Mumbai, Maharashtra.[1]

Key Points

Business Model[1][2]
New Projects: These involve development of residential units on their land; including premium, lifestyle-oriented residential properties with modern amenities

  • 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
62 211 239 123 125 202 225
52 146 173 96 83 143 164
Operating Profit 10 65 66 27 42 59 61
OPM % 15% 31% 28% 22% 33% 29% 27%
0 0 1 1 0 2 7
Interest 0 1 0 2 0 1 0
Depreciation 0 0 0 1 1 1 1
Profit before tax 9 64 67 25 41 58 67
Tax % 30% 25% 27% 22% 26% 26% 25%
7 48 49 20 30 43 50
EPS in Rs 32.90 3.15 3.22 1.29 1.99 2.34 2.70
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

7 Recently
Sep 2024Dec 2024Mar 2025
70.82% 70.82% 71.09%
4.29% 1.25% 0.47%
0.51% 0.16% 0.14%
24.39% 27.77% 28.30%
No. of Shareholders 1,25,72490,85582,526

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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