Arkade Developers Marks 2 Yrs of IPO; GDV Grows 500% to ₹18,000 Cr

Arkade Developers celebrates two years as a listed company, reporting significant growth since its September 2024 IPO. The company's upcoming project portfolio has expanded from 8 to 15 projects, with projected Gross Development Value (GDV) soaring over 500% to ₹18,000 crore from ₹2,800 crore. Saleable carpet area increased by over 500% to 57 lakh sq ft, and total plot area grew by over 300% to 1.75 lakh sq m. During this period, Arkade completed five projects, delivered 708 homes, and achieved an 18% CAGR in pre-sales. Total income grew at a 14% CAGR to ₹828 crore in FY26, with EBITDA at ₹189 crore and a 23% EBITDA margin. The company maintained a negligible debt-to-equity ratio, with net worth surging 134% to ₹901 crore and liquid funds increasing 600% to ₹102 crore. Recent acquisitions include two large land parcels for approximately ₹530 crore.