StockWatch
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Residential- Commercial Projects
Quarterly Result5 Nov 2026, 05:03 pm

Arvind SmartSpaces Q2 FY27 Bookings Surge 110% to ₹906 Cr

AI Summary

Arvind SmartSpaces Limited (ASL) announced its unaudited financial results for Q2 and H1 FY27, reporting a record performance. In Q2 FY27, bookings surged by 110% year-on-year to ₹906 Cr (from ₹432 Cr), driven by new launches and strong sustenance sales. Collections increased by 77% to ₹418 Cr (from ₹236 Cr). Revenue from operations stood at ₹157 Cr, Adjusted EBITDA at ₹45 Cr, and Profit After Tax (PAT) at ₹23 Cr. The company also launched Arvind Sylva, its largest vertical project to date, achieving ₹500 Cr in bookings within 30 days. For H1 FY27, bookings grew 120% YoY to ₹1338 Cr, and collections rose 77% to ₹754 Cr. ASL also entered a joint development agreement for a Bengaluru project with an estimated revenue potential of ₹470 Cr, contributing to a total FY27 new business development pipeline of approximately ₹3,100 Cr.

Key Highlights

  • Q2 FY27 bookings surged 110% YoY to ₹906 Cr.
  • Collections increased 77% YoY to ₹418 Cr in Q2 FY27.
  • H1 FY27 bookings grew 120% YoY to ₹1338 Cr.
  • Launched new projects with ₹3,100 Cr development potential in FY27.
  • Net Debt to Equity ratio improved to 0.26x.