Arkade Developers Ltd

Arkade Developers Ltd has dispatched letters to shareholders whose email IDs are not registered, providing a weblink and QR code to access the Annual Report for FY 2025-26. This action complies with SEBI Listing Regulations. The company also announced its 40th Annual General Meeting (AGM) scheduled for September 22, 2026, to be held via Video Conferencing. The AGM notice and Annual Report are being emailed to shareholders with registered email addresses. Details for remote e-voting are also provided, with the cut-off date on September 15, 2026, and voting period from September 18 to September 21, 2026. Shareholders are advised to contact their Depository Participant for KYC updates and the RTA for any assistance.

Arkade Developers Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as required by SEBI regulations. The report details the company's operations, employee data, and market presence. Arkade Developers operates solely in India, with its primary business being Real Estate Development, accounting for 100% of its turnover. The company has 262 permanent employees, with a notable presence of women in key management roles. The report is prepared on a standalone basis and has not undergone external assurance.

Arkade Developers Ltd has issued a notice for its 40th Annual General Meeting (AGM) scheduled for September 22, 2026. The meeting will be conducted via Video Conferencing/Other Audio-Visual Means. Key agenda items include the adoption of audited standalone and consolidated financial statements for the financial year 2025-26, the re-appointment of a director retiring by rotation, ratification of cost auditors' remuneration for FY 2026-27, and the introduction of an Employees Stock Option Plan (ESOP) 2026. The AGM notice is part of the Annual Report for FY 2025-26.

Arkade Developers Ltd has announced its 40th Annual General Meeting (AGM) scheduled for September 22, 2026, at 3:00 PM IST, to be conducted via video conference. The company has also submitted its Annual Report for the Financial Year 2025-26. The report and AGM notice are being sent to shareholders electronically. Remote e-voting will be open from September 18 to September 21, 2026, for shareholders holding shares in dematerialized form as of the cut-off date, September 15, 2026. Both the Annual Report and the AGM Notice are available on the company's website and the Bigshare Services website.

Arkade Developers Ltd has announced the receipt of the Occupation Certificate (OC) for its residential project located in Vile Parle. The OC was received on August 24, 2026. This signifies that the project has been completed in compliance with all approved plans and local building regulations, paving the way for further steps related to the project's finalization and handover.

Arkade Developers Limited has announced the addition of four new cluster redevelopment projects in Western Mumbai, spanning approximately 45,204 sq. m. (11.17 acres) across Malad West, Kandivali West, Kandivali East, and Borivali West. These projects collectively offer an estimated saleable carpet area of 15 lakh sq. ft. and a projected turnover potential of around ₹5000 Crore. The largest project is in Borivali West with a potential turnover of ₹3,000 Crore. This expansion strengthens Arkade's development pipeline and reinforces its commitment to Mumbai's real estate growth through redevelopment. The company, with over 40 years of legacy, aims to leverage rapid urbanization and evolving consumer preferences.

Arkade Developers Ltd announced its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27). The company reported total revenue of ₹149 crore and a net profit of ₹19 crore. Pre-sales increased by 9% year-on-year to ₹155 crore, while collections remained flat at ₹164 crore. The company highlighted a strong project pipeline with an estimated Gross Development Value (GDV) of ₹12,800 crore across 4.25 million sq. ft. Arkade Developers also maintained a strong balance sheet with net debt of ₹5 crore and a net debt-to-equity ratio of 0.01. Strategic land acquisitions and expansion of customer-centric verticals were also noted.

Arkade Developers Ltd announced the approval of its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors considered and approved these results during their meeting held on August 11, 2026. The financial results were duly reviewed by the Audit Committee. A limited review report from the statutory auditors, Mittal & Associates, was also enclosed. The board meeting commenced at 12:00 PM and concluded at 4:15 PM. The company also noted an ongoing investigation into alleged financial irregularities involving a former employee.

Arkade Developers' consolidated Q1 FY27 (quarter ended June 30, 2026) revenue fell 7.8% YoY to ₹146.97 Cr from ₹159.45 Cr, and consolidated PAT fell 33.6% YoY to ₹19.08 Cr from ₹28.76 Cr, with basic EPS down to ₹1.03 from ₹1.55. Standalone tells the same story (revenue ₹146.97 Cr, PAT ₹19.21 Cr) — the two bases converge this quarter, no material divergence to flag. Sequentially, PAT swung from a ₹109.57 Cr consolidated loss in Q4 FY26 to a ₹19.08 Cr profit, but that is not an operating turnaround: the Q4 loss was driven entirely by a ₹182.17 Cr one-off impairment on Arkade's investment in Filmistan Private Limited (tenancy-rights write-down under Ind AS 36, following an NCLT-approved demerger); this quarter carries no exceptional items. On an operating basis, margins actually compressed YoY — OPM (on revenue from operations) fell to ~18.9% from 21.5%, and NPM fell to 12.8% from 17.4% a year ago, as cost of construction and employee expenses grew faster than revenue. Against management's own guidance from the Q4 FY26 concall — 20-25% YoY revenue growth for the next 2-3 years, EBITDA margins of 27-28%, PAT margins of 18-19%, and a ~₹12,000 Cr project pipeline over 5-6 years — this quarter missed on every count: revenue declined instead of growing, and both margin lines trail target by 800-1,000+ bps. The confident, bullish tone from that prior call is not yet borne out in the numbers. We found no analyst/brokerage consensus estimates published for this specific quarter, so vsStreet is unknown rather than assumed; management also issued no press release alongside this filing to frame the print. On the corporate side, the company launched Arkade Sapphire in Santacruz West (July 30, 2026), a step toward the stated pipeline target, and appointed new senior management (June 18) shortly before the auditors' Emphasis of Matter flagged an FIR against a former senior employee (CSO) over alleged diversion of customer transactions, brokerage-related financial gain, and forged parking-space agreements involving ~₹2 Cr; no financial adjustment has been made to the results pending the investigation's outcome. Going into Q2 FY27, the print sets up three things to verify: whether revenue recovers toward the guided 20-25% YoY growth path, whether margins move back toward the 27-28%/18-19% targets, and how the FIR investigation resolves financially.

Arkade Developers Ltd has announced that its Board of Directors will convene on August 11, 2026. The primary agenda item is to consider and approve the unaudited financial results, both standalone and consolidated, for the first quarter ended June 30, 2026. A limited review report will also be presented. In line with the company's insider trading policy, the trading window has been closed from July 1, 2026, and will reopen 48 hours after the financial results are officially declared to the stock exchanges.