Arvind Smartspaces Ltd

South Ahmedabad has emerged as one of the most promising micro-markets for plotted developments and weekend homes in the Ahmedabad region, driven by increasing demand and improving infrastructure connectivity. Priyansh Kapoor, MD and CEO, Arvind SmartSpaces said, 'We are happy to announce the acquisition of this residential plotted development project in the high potential market of South Ahmedabad. Ahmedabad continues to offer compelling growth opportunities in the horizontal real estate segment, driven by robust infrastructure development and growing demand for plotted developments. The company has established several benchmarks in the plotting and villa segments and is well-positioned to capitalize on the significant opportunities in this space.' Arvind SmartSpaces is an Ahmedabad-based real estate developer with around 100.1 million square feet of projects across India. The company has developments in Ahmedabad, Gandhinagar, Bengaluru, Mumbai Metropolitan Region and Pune, and operates under the Arvind Group brand. The company's consolidated net profit surged 121.06% to Rs 42.31 crore in Q4 FY26 from Rs 19.14crore posted in Q4 FY25. Revenue from operations fell 4.73% YoY to Rs 155.38 crore in Q4 FY26.Powered by Capital Market - Live

Arvind SmartSpaces announced that the Board of Directors of the Company at its meeting held on 20 May 2026, inter alia, have recommended the final dividend of Rs 2.25 per equity Share (i.e. 22.5%) , subject to the approval of the shareholders.

Net profit of Arvind SmartSpaces rose 120.99% to Rs 42.32 crore in the quarter ended March 2026 as against Rs 19.15 crore during the previous quarter ended March 2025. Sales declined 4.72% to Rs 155.39 crore in the quarter ended March 2026 as against Rs 163.09 crore during the previous quarter ended March 2025. For the full year,net profit declined 12.72% to Rs 96.44 crore in the year ended March 2026 as against Rs 110.49 crore during the previous year ended March 2025. Sales declined 20.92% to Rs 564.05 crore in the year ended March 2026 as against Rs 713.30 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales155.39163.09 -5 564.05713.30 -21 OPM %38.1620.58 -26.9323.57 - PBDT55.9736.83 52 141.47170.15 -17 PBT54.3135.57 53 135.13165.23 -18 NP42.3219.15 121 96.44110.49 -13 Powered by Capital Market - Live

Arvind SmartSpaces will hold a meeting of the Board of Directors of the Company on 20 May 2026.

Arvind SmartSpaces announced the signing of a residential high-rise project in Goregaon (West), Mumbai. The project has a top-line potential of ~Rs. 2,400 crore , with a total saleable carpet area of ~0.67 million sq. ft. The project is being done in partnership with Sigma Oxford Realtors. The Company will jointly do a redevelopment in Siddharth Nagar, Goregaon West, one of the most sought-after micro markets in Mumbai's Western suburbs. This project marks the Company's third housing project in MMR and its second high-rise project in the city, further strengthening its presence in the Mumbai Metropolitan Region (MMR).

Arvind SmartSpaces announced that it has acquired a new residential high-rise project in Whitefield, Bengaluru with a total estimated saleable area of ~2.5 lakh sq. ft. and a top-line potential of ~Rs. 330 crore. The project is acquired on an outright basis. This project is located in Nagondanahalli area in Whitefield, Bengaluru. This addition follows the acquisition of the Sarjapur Road high-rise project signed in Feb 2026. Commenting on this development, Priyansh Kapoor, Managing Director and CEO, Arvind SmartSpaces said, 'FY26 continues to be a strong year for our vertical development portfolio. We are happy to add our third high-rise project in Bengaluru in the year. With this project addition, our cumulative new business development topline potential for the year stands at ~Rs. 2,840 crore, with the three new Bengaluru additions totaling Rs. 1,740 crore. Brand 'Arvind' continues to resonate strongly with homebuyers and landowners alike, and we look forward to adding new projects across Ahmedabad, Bengaluru and MMR.'Powered by Capital Market - Live

According to bulk deal data dated 9 March 2026, Pirojsha Adi Godrej purchased 8,17,530 shares, representing about 1.78% equity in the real estate developer, at a price of Rs 498 per share. The shares were sold by HDFC Capital Affordable Real Estate Fund-1, which offloaded the same number of shares at the same price. As of December 2025, HDFC Capital Affordable Real Estate Fund-1 held an 8.79% stake in Arvind SmartSpaces, equivalent to 40,32,200 shares. The name of Pirojsha Adi Godrej did not appear in the company's December quarter shareholding pattern. According to BSE shareholding data, the total public shareholding in Arvind SmartSpaces stood at 50.18% as of December 2025. Arvind SmartSpaces is an Ahmedabad-based real estate developer with around 110 million square feet of projects across India. The company has developments in Ahmedabad, Gandhinagar, Bengaluru, Mumbai Metropolitan Region and Pune, and operates under the Arvind Group brand. On a consolidated basis, net profit of Arvind SmartSpaces declined 39.76% to Rs 28.76 crore while net sales declined 20.83% to Rs 166.39 crore in Q3 December 2025 over Q3 December 2024. Powered by Capital Market - Live

Net profit of Arvind SmartSpaces declined 39.76% to Rs 28.76 crore in the quarter ended December 2025 as against Rs 47.74 crore during the previous quarter ended December 2024. Sales declined 20.83% to Rs 166.39 crore in the quarter ended December 2025 as against Rs 210.16 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales166.39210.16 -21 OPM %25.0028.28 - PBDT40.6559.64 -32 PBT38.9458.40 -33 NP28.7647.74 -40 Powered by Capital Market - Live

Arvind SmartSpaces will hold a meeting of the Board of Directors of the Company on 10 February 2026.Powered by Capital Market - Live

The company said the project, located in the Nallurahalli area, has been acquired on an outright basis and follows its ITPL Road high-rise project acquisition in FY25. Whitefield continues to attract strong demand from professionals and families seeking premium living spaces, driven by its proximity to major IT parks, global corporations, and social infrastructure. Arvind SmartSpaces said this would be its ninth high-rise project in Bengaluru. Since entering the city in 2013, it has launched 13 projects, with six delivered and seven at various stages of development or pre-launch. Arvind SmartSpaces (ASSL) is the real estate arm of Lalbhai group (flagship company - Arvind). ASSL is primarily focused on the development of residential projects. It also undertakes commercial and industrial projects on a selective basis. The company's consolidated net profit fell 65.2% to Rs 14.18 crore on 47.1% decline in net sales to Rs 140.51 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live