Arkade Developers Ltd

Arkade Developers Limited will hold a board meeting on Tuesday, August 11, 2026, to consider and approve unaudited financial results (standalone and consolidated) for the first quarter ended June 30, 2026, along with a limited review report, the company said in a filing with the Bombay Stock Exchange and National Stock Exchange of India. The trading window for the company has been closed since July 1, 2026, and will remain closed for 48 hours after the financial results are declared.

Net loss of Arkade Developers reported to Rs 109.45 crore in the quarter ended March 2026 as against net profit of Rs 33.26 crore during the previous quarter ended March 2025. Sales rose 49.55% to Rs 196.58 crore in the quarter ended March 2026 as against Rs 131.45 crore during the previous quarter ended March 2025. For the full year,net profit declined 96.57% to Rs 5.38 crore in the year ended March 2026 as against Rs 156.93 crore during the previous year ended March 2025. Sales rose 19.51% to Rs 816.40 crore in the year ended March 2026 as against Rs 683.10 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales196.58131.45 50 816.40683.10 20 OPM %19.2033.75 -23.1730.17 - PBDT39.9046.95 -15 200.29216.32 -7 PBT36.9645.49 -19 190.07211.41 -10 NP-109.4533.26 PL 5.38156.93 -97 Powered by Capital Market - Live

The upcoming development, which will feature premium residences, is located in the upscale neighbourhood of Ashok Nagar, Kandivali East. Spread across over an area of approximately 3 acres, the development has a projected gross development value (GDV) of Rs 1,100 crore. Kandivali East has rapidly emerged as one of Mumbai's prominent residential destinations, driven by connectivity via Western Express Highway, suburban rail, and the operational Metro Line 2A. The area also hosts social infrastructure with reputed schools, hospitals, and malls, along with proximity to key commercial hubs in BKC, Malad, Goregaon, and Andheri. Amit Jain, chairman and managing director of Arkade Developers, said: 'With this new project in Kandivali East, we are delivering a lifestyle experience that reflects our commitment to thoughtful design, sustainability, and community-centric development. This redevelopment rights also reinforces our growth momentum as we continue expanding our footprint across MMR.' Arkade Developers is a leading luxury real estate developer in Mumbai. The company has developed over 5.5 million square feet of property, with an additional two-plus million square feet currently under construction. Powered by Capital Market - Live

Arkade Developers will hold a meeting of the Board of Directors of the Company on 27 May 2026.

The project marks the company's eighth residential development in the micro-market, further strengthening its presence in the western suburbs of Mumbai. Strategically located in Goregaon West, the development spans 1.09 acres and benefits from strong connectivity, including proximity to the Arkade Bangur Nagar metro station, a key driver of residential demand in the region. Positioned in the premium 2- and 3-BHK segment, Arkade Evoke reflects the developer's focus on well-connected, lifestyle-orientated housing for urban homebuyers. The project features thoughtfully designed residences with balconies, particularly in 3 BHK units, along with private outdoor spaces, surface parking, and layouts that enhance cross ventilation. The company said these design elements cater to the growing demand for improved liveability, openness, and modern amenities in Mumbai's premium housing segment. Amit Jain, CMD, Arkade developers, said, 'The response has been overwhelming, even in these challenging market conditions. Customers have clearly understood the brand and product value, marking the launch of Arkade Evoke as a grand success in this micromarket. This project further reflects our strategy of strengthening our presence in well-established residential micro-markets, where connectivity, infrastructure, and sustained end-user demand converge. Our focus remains on delivering thoughtfully designed homes that align with evolving urban lifestyles.' Arkade Developers is a real estate development company concentrating on the development of premium aspirational lifestyle residential premises in Mumbai, Maharashtra, India's commercial capital. The company is engaged in the development of new projects (development/construction of residential premises on land acquired by the company) and redevelopment of existing premises. The company's consolidated net profit tumbled 19.54% to Rs 40.30 crore in Q3 FY26 as against Rs 45.81 crore posted in Q3 FY25. Revenue from operations fell 12.42% year-on-year to Rs 196.73 crore in the quarter ended 31 December 2025. Powered by Capital Market - Live

Arkade Developers has registered the Development Agreement for the cluster redevelopment of Shree Rani Sati Nagar Co-operative Housing Society, located at SV Road, Malad West. The project spans a total plot area of approximately 6,553 square metres and is proposed as a large-scale cluster redevelopment with an estimated Gross Development Value of around Rs 700 crore. Powered by Capital Market - Live

The project spans a total plot area of approximately 6,553 square metres and is planned as a large-scale cluster redevelopment with an estimated gross development value (GDV) of around Rs 700 crore. Strategically situated along SV Road, the project offers strong connectivity to key business districts, social infrastructure, and major transport corridors in Mumbai's western suburbs. Under the proposed development, Arkade Developers will deliver a modern residential project aligned with contemporary urban living standards, while upgrading lifestyle amenities and infrastructure for existing society members. The development further strengthens the company's presence in the western suburbs, a key focus market. This follows the recent registration of a development agreement for a redevelopment project in Goregaon West, spanning 4,640.60 square metres with a projected GDV of Rs 350 crore. With the addition of the Malad West project, the company continues to expand its redevelopment pipeline across Western Mumbai, particularly in the Goregaon'Malad micro market. Amit Jain, chairman & managing director, Arkade Developers said 'Cluster redevelopment remains a core growth driver for Arkade Developers, and this project at Malad West reinforces our commitment to transforming aging housing stock into futureready residential communities. Shree Rani Sati Nagar's strategic location and scale make it a landmark opportunity, and we are confident of creating long-term value for residents, stakeholders, and homebuyers.' Arkade Developers is a real estate development company concentrating on the development of premium aspirational lifestyle residential premises in Mumbai, Maharashtra, India's commercial capital. The company is engaged in the development of new projects (development/construction of residential premises on land acquired by the company) and redevelopment of existing premises. The company's consolidated net profit tumbled 19.54% to Rs 40.30 crore in Q3 FY26 as against Rs 45.81 crore posted in Q3 FY25. Revenue from operations fell 12.42% year-on-year to Rs 196.73 crore in the quarter ended 31 December 2025. The counter shed 0.33% to Rs 121.15 on the BSE. Powered by Capital Market - Live

Arkade Developers has registered a Development Agreement for mixed use redevelopment project at Goregoan West with projected GDV of Rs 350 crore. Powered by Capital Market - Live

Net profit of Arkade Developers declined 19.53% to Rs 40.30 crore in the quarter ended December 2025 as against Rs 50.08 crore during the previous quarter ended December 2024. Sales declined 12.42% to Rs 196.73 crore in the quarter ended December 2025 as against Rs 224.62 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales196.73224.62 -12 OPM %27.3627.14 - PBDT56.0968.09 -18 PBT53.3566.65 -20 NP40.3050.08 -20 Powered by Capital Market - Live

Revenue from operations fell 12.42% year-on-year to Rs 196.73 crore in the quarter ended 31 December 2025. Profit before tax (PBT) stood at Rs 53.35 crore in the quarter ended 31 December 2025, down 19.96% as against Rs 66.65 crore recorded in Q3 FY25. Total expenses declined 11.8% to Rs 145.82 crore in Q3 FY26 as compared with Rs 165.32 crore in Q3 FY25. The cost of construction stood at Rs 125.11 crore (down 47.79% YoY), and employee benefit expenses were at Rs 7.63 crore (up 26.1% YoY) during the period under review. EBITDA stood at Rs 54 crore in Q3 FY26, registering a de-growth of 11.8% YoY. The company maintained a strong balance sheet with net debt of Rs 35 crore as of 31 December 2025, with a low net debt-to-equity ratio of 0.04x. It has a robust project pipeline with an estimated GDV of Rs 11,900 crore across around 4 million sq ft of saleable area. During the quarter, Arkade Developers acquired land parcels worth Rs 535 crore and launched two new verticals'Arkade Finroof and Arkade Assist 360. Amit Jain, chairman and managing director of Arkade Developers, said, 'With exceptional pre-sales and collections in the last quarter, a robust project pipeline extending into 2026, and a supportive interest rate environment, we're poised to deliver premium residential developments and create sustained long-term value for all stakeholders. The year 2026 has begun on a positive note, and we remain optimistic about the upcoming budget, which is expected to further support sectoral growth. In the current quarter, we are targeting two additional Occupation Certificates in the Western Suburbs, reinforcing our consistent track record of ahead-of-schedule project completion. Looking ahead, the company has a robust project pipeline with an estimated GDV of Rs 11,900 crore across approximately 4 million sq ft of saleable carpet area. In the coming month, we plan to launch a new project at Bangur Nagar, Goregaon West, marking our eighth project in the Malad'Goregaon belt'a micro-market that continues to witness strong demand and buyer confidence.' Arkade Developers is a real estate development company concentrating on the development of premium aspirational lifestyle residential premises in Mumbai, Maharashtra, India's commercial capital. The company is engaged in the development of new projects (development/construction of residential premises on land acquired by the company) and redevelopment of existing premises.Powered by Capital Market - Live