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Arvind SmartSpaces Limited

Arvind SmartSpaces Limited

NSE: ARVSMART
Real Estate - DevelopmentReal EstateSMALL CAPMCap ₹2.80k Cr
₹610.75₹-0.55 (-0.09%)

Market Closed • NSE

Market cap₹2.80k Cr
Enterprise value₹3.31k Cr
P/E TTM15.02
Forward P/E18.47
P/B4.13
EPS TTM₹40.65
Forward EPS₹33.07
ROCE12.40%
D/E0.65
Dividend yield0.00%
Face value₹10.00
52W high₹707.85
52W low₹486.80
Price chart(1Y)
1Y Return:+6.42% (+₹36.85)
H: ₹707.85L: ₹540.35
1W+0.88%
1M+10.35%
3M+3.61%
6M+1.19%
1Y-2.35%
Today at a glance

Day range

₹603.60₹615.50

52 week range

₹486.80₹707.85
Volume69.7K0.17x 20D avg
Free float50.00%-83.30% volume

Arvind SmartSpaces Limited closed at INR610.75 (-0.09%) on volume 0.17x its 20-day average, trading 13.72% below its 52-week high.

Technical analysis
RSI (14)51.4Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹22.47High
SMA 20₹602.34BULLISH
SMA 50₹625.04BEARISH
SMA 100₹611.45BEARISH
SMA 200₹590.43BULLISH
CPR bottom₹609.63
Pivot₹610.18
CPR top₹610.74
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +120.5% QoQ

2026-08-28

DIVIDEND Announced

Dividend - Rs 2.25 Per Share

2025-07-25

DIVIDEND Announced

Dividend - Rs 6 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹583.0 Cr₹2.80k Cr20.81%≤ 33%PASS
Non-halal income ratio–₹564.0 Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹3.59k Cr—≥ 20%PASS
Receivables ratio–₹3.59k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E15.0223.00
Forward P/E18.47—
P/B4.132.50
EV/EBITDA21.8018.00
PEG—0.10
Earnings yield6.704.30
Growth & profitability
RevenuePAT
FY25PAT margin 15.50%
FY26PAT margin 17.10%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y0.00%
Revenue CAGR 5Y-4.60%
PAT CAGR 3Y+2.20%
PAT CAGR 5Y-1.40%
Operating margin47.74%
Net margin23.63%
Financial health & cash flow
Net debt₹583.0 CrModerate
Interest coverage4.90xEBIT / interest
CFO / PAT-1.71x3Y average
Net debt / EBITDA3.84xLeverage
Operating cash flow₹-17000.0 Lakh
Capital expenditure–
Free cash flow₹-17000.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall68/100
Valuation60/100
Profitability65/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Attractive Valuation: P/E of 15.0x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Real Estate - Development.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
9.27%Institutional holding
36.91%Public holding
5Periods available
0.00%Promoter pledged
93.14KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
28 Aug 2026Dividend₹2.25 / share—28 Aug 2026
25 Jul 2025Dividend₹6.00 / share—25 Jul 2025
—Dividend₹2.50 / share—18 Jul 2024
—Dividend₹1.65 / share—21 Jul 2023
—Annual General MeetingAnnual General Meeting—04 Aug 2022
—Annual General MeetingAnnual General Meeting—14 Sept 2021
—Annual General MeetingAnnual General Meeting—21 Sept 2020
—Dividend₹1.50 / share—26 Jul 2019
—Annual General MeetingAnnual General Meeting—16 Aug 2018
—Annual General MeetingAnnual General Meeting—31 Aug 2017
—Annual General MeetingAnnual General Meeting—09 Sept 2016
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)39.43%+3.67% latest vs average
Highest delivery53.08%on 13 Oct
Average volume (20D)417.5KTrading-session average
Conviction trendStrengthening+3.67% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
DLF Limited
DLF LimitedDLF
Open analysis
₹1.67L37.581.19%₹1,280.00₹794.00-52.89%+4.06%
Lodha Developers Limited
Lodha Developers LimitedLODHA
Open analysis
₹1.06L25.700.40%₹4,997.00₹1,373.00+43.10%+103.41%
The Phoenix Mills Limited
The Phoenix Mills LimitedPHOENIXLTD
Open analysis
₹67,847.9152.840.13%₹1,233.20₹403.35+21.34%+50.04%
Prestige Estates Projects Limited
Prestige Estates Projects LimitedPRESTIGE
Open analysis
₹64,264.9556.410.13%₹2,675.00₹271.00+15.95%-13.14%
Oberoi Realty Limited
Oberoi Realty LimitedOBEROIRLTY
Open analysis
₹61,921.4623.550.47%₹1,038.00₹508.00+33.94%+64.40%
Godrej Properties Limited
Godrej Properties LimitedGODREJPROP
Open analysis
₹48,295.6430.180.62%₹121.00₹61.00+14.15%+8.93%
Brigade Enterprises Limited
Brigade Enterprises LimitedBRIGADE
Open analysis
₹18,759.2327.020.34%₹1,116.00₹217.00-12.88%+37.34%
Anant Raj Limited
Anant Raj LimitedANANTRAJ
Open analysis
₹18,416.7031.020.19%₹631.00₹149.00+6.59%+18.25%
About Arvind SmartSpaces Limited
Arvind SmartSpaces Limited

Arvind Smarspaces Ltd was incorporated as "Arvind Infrastructure Limited" in 2008 in Ahmedabad as a wholly-owned subsidiary of Arvind Limited. The company was incorporated with the objective of doing a real estate/infrastructure development business. Arvind Smartspaces is the real estate arm of the Lalbhai Group, a $2 billion dollar conglomerate. ASL is currently executing 9 projects through its own land, JVs and Joint Development model. ASL has also successfully executed 9 projects to date. [1]

IndiaReal Estate

Questions investors ask
Is Arvind SmartSpaces Limited Shariah compliant?

Arvind SmartSpaces Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (20.81%) complies with AAOIFI threshold (≤ 33%).

What is Arvind SmartSpaces Limited's current valuation relative to peers?

Arvind SmartSpaces Limited trades at a P/E of 15.0x compared to the sector median of 23x, and a Price-to-Book of 4.1x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.65x and a Net Debt to EBITDA ratio of 3.84x. Interest coverage is 4.9x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at -4.6% while net profit growth averaged -1.4%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.