Arvind Smartspaces Ltd

Arvind SmartSpaces will hold a meeting of the Board of Directors of the Company on 20 May 2025.Powered by Capital Market - Live

'Arvind The Park' is a residential development with a golf course. Residents are provided membership to Monogram by Arvind Lounges and Resorts, which contains various recreational and business amenities. Devanahalli has emerged as one of the most desirable real estate addresses near the Bengaluru Airport with easy access to major hospitals, schools and prime locations within the city. The micro-market is also home to major economic hubs such as Aerospace SEZ and KIADB IT Park. Arvind SmartSpaces entered the Bengaluru market in 2013 and has until now added 12 projects across the region with 6 projects having already been delivered and 6 in various stages of development/pre-launch. Kamal Singal, managing director and CEO, Arvind SmartSpaces, said: 'We are thrilled to have received such a strong response from the Bengaluru homebuyers for Arvind The Park. This is our third plotted project in Devanahalli following the success of Arvind Greatlands and Arvind Orchards. We look forward to launching Arvind Orchards Phase 2, Devanahalli and our high-rise project at Bannerghatta in the upcoming quarters. Arvind SmartSpaces (ASSL) is the real estate arm of Lalbhai group (flagship company - Arvind Limited). 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 surged to Rs 47.74 crore in the quarter ended December 2024 as against Rs 9.40 crore during the previous quarter ended December 2023. Sales rose 149.30% to Rs 210.16 crore in Q3 FY25 as compared with Q3 FY24. The scrip rose 0.64% to currently trade at Rs 705 on the BSE. Powered by Capital Market - Live

Arvind SmartSpaces (ASL) has sold out the entire launched inventory of its residential plotted development project, Arvind The Park in Devanahalli, Bengaluru, at the launch. It consisted of 200 units valued at over Rs. 180 crore. Arvind The Park is the ideal place for those seeking a luxurious lifestyle, replete with an opulent, executive-level golf course. The project customers will also get a membership of Monogram by Arvind Lounges and Resorts, a fully integrated resort offering various amenities including gymnasium, rooftop infinity pool, indoor games room, table tennis, jogging track, badminton court, spa, library, restaurant, executive business centre, multimedia theatre, discotheque, yoga pavilion, butterfly park and barbeque deck. While it is steeped in history with ancient forts and temples, Devanahalli is also a significant part of Bengaluru's future. Devanahalli has emerged as one of the most desirable real estate addresses near the Bengaluru Airport with easy access to major hospitals, schools and prime locations within the city. The micro-market is also home to major economic hubs such as Aerospace SEZ and KIADB IT Park. Arvind SmartSpaces entered the Bengaluru market in 2013 and has until now added 12 projects across the region with 6 projects having already been delivered and 6 in various stages of development/pre-launch. Powered by Capital Market - Live

Arvind SmartSpaces has allotted 10,000 equity shares under ESOP on 20 March 2025. Powered by Capital Market - Live

Arvind SmartSpaces announced that it has signed a new residential plotted development project in Ahmedabad, with a total estimated area of ~150 acre and a top-line potential of ~Rs. 600 crore. This project is located in Sanand-Nalsarovar road, Ahmedabad. The project is acquired on an outright basis. The project is strategically located approximately 15 km from Sanand and 30 km from Nalsarovar Lake. Known for its proximity to the Nalsarovar Bird Sanctuary and its natural charm, the region is set for transformative growth, balancing ecological preservation with modern infrastructure. The corridor benefits from enhanced connectivity and is close to major industrial hubs created a structural demand for horizontal real estate. Powered by Capital Market - Live

The project is acquired on an outright basis, the company stated. This project is located in Sanand-Nalsarovar road, Ahmedabad. It is located approximately 15 km from Sanand and 30 km from Nalsarovar Lake. Kamal Singal, managing director and CEO, Arvind Smartspaces, said: We are happy to announce the acquisition of this residential plotted development project in the high potential Sanand-Nalsarovar market of Ahmedabad. The Ahmedabad region continues to offer compelling growth opportunities for horizontal real estate, driven by strong infrastructure development and a thriving industrial ecosystem. With this acquisition, our year-to-date (YTD) project addition value now stands at Rs 4,450 crore, making it our biggest ever business development year.' Arvind SmartSpaces (ASSL) is the real estate arm of Lalbhai group (flagship company - Arvind Limited). 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 surged to Rs 47.74 crore in the quarter ended December 2024 as against Rs 9.40 crore during the previous quarter ended December 2023. Sales rose 149.30% to Rs 210.16 crore in Q3 FY25 as compared with Q3 FY24. The scrip fell 1.64% to currently trade at Rs 661.70 on the BSE. Powered by Capital Market - Live

Net profit of Arvind SmartSpaces rose 407.87% to Rs 47.74 crore in the quarter ended December 2024 as against Rs 9.40 crore during the previous quarter ended December 2023. Sales rose 149.30% to Rs 210.16 crore in the quarter ended December 2024 as against Rs 84.30 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales210.1684.30 149 OPM %28.2823.67 - PBDT59.6419.43 207 PBT58.4018.33 219 NP47.749.40 408 Powered by Capital Market - Live

This mega project, located on NH47, Bavla-Bagodara Road, has been signed under a joint development model with a 70.5% revenue share. The project is envisaged to be one of the largest industrial parks in Gujarat with end-to-end ecosystem to ensure a thriving environment for industries. The proposed infrastructure includes common effluent treatment plant (CETP), Zero Liquid Discharge (ZLD), labour housing, executive housing, weight bridge, logistics zones, etc. Kamal Singal, managing director and CEO, Arvind Smartspaces said, 'We are excited to diversify our horizontal product mix in Ahmedabad and add a large industrial park to our portfolio. With this industrial plotted development, we have further augmented our horizontal portfolio and now have around 77 msf of projects in the Ahmedabad region. Given the healthy performance of the Ahmedabad economy, industrial park development market presents a sustainable and sizeable opportunity, and we remain at the forefront to address it. Our Business Development initiatives are shaping up well and the cumulative new business development topline potential stands at more than approximately Rs 3,850 crore for the current year to date. We look forward to add projects across our target markets of MMR, Bengaluru and Ahmedabad in the coming quarters.' Arvind SmartSpaces is a real estate development company. With approximately 78 million square feet of real estate development across the country, the company is focused on delivering real estate solutions that add value to the lives of its customers and is fast emerging as a leading corporate real estate player in the country. The company has real estate developments across Ahmedabad, Gandhinagar, Bangalore and Pune. The company's consolidated net profit surged to Rs 40.69 crore in the quarter ended September 2024 as against Rs 8.64 crore during the previous quarter ended September 2023. Sales rose 265.46% to Rs 265.58 crore in Q2 FY25 as compared with Q2 FY24. The counter declined 3.58% to end at Rs 679.65 on Monday, 27 January 2025.Powered by Capital Market - Live

Arvind SmartSpaces has signed an agreement for a large industrial park in Ahmedabad, with a total estimated area of ~440 acre and a top-line potential of ~Rs. 1,350crore. This mega project is located on NH47, Bavla-Bagodara Road. The project is signed under joint development model(70.5% revenue share). NH 47 is among one of the major national highways of Gujarat, which on the southern side connects Ahmedabad to all major cities of Saurashtra like Rajkot, Bhavnagar, Jamnagar etc, and on the northern side connects Ahmedabad to cities like Gandhinagar, Mehsana and connects the entire state to Rajasthan. This project is located on NH-47, between Bavla and Bagodara. It is located at a tri-junction that connects the project to Saurashtra region, Vadodara, Ahmedabad and key ports like Kandla, Mundra and Pipavav. The project is also located close to Dedicated Freight Corridor (DFC) and the upcoming Dholera Special Investment Region. There are several large industries in close vicinity which are focused on pharma, engineering, renewables, engineering, logistics and ancillaries. The micro-market is home to several large Industries and industrial parks. The project is envisaged to be one of the largest industrial parks in Gujarat with end-to-end ecosystem to ensure a thriving environment for industries. The proposed infrastructure includes common effluent treatment plant(CETP), Zero Liquid Discharge (ZLD), labour housing, executive housing, weight bridge, logistics zones, etc.Powered by Capital Market - Live

This project is located near Khopoli, Mumbai 3.0 and is the company's first project in the MMR region. The project is signed under joint development model (70.5% Revenue share) enabling low capital intensity and higher returns. Mumbai 3.0 is emerging as a prime destination for horizontal developments, including plots and villas, driven by transformative infrastructure projects like Atal Setu and JNPT Port that are reshaping the entire Mumbai Metropolitan Region (MMR). Further, the upcoming Navi Mumbai International Airport, Virar-Alibaug Multimodal Corridor, Mumbai-Pune-MTHL Interchange, and other critical infrastructure enhancements are set to significantly boost connectivity, linking Mumbai 3.0 to key economic hubs and reducing travel times. The project is envisaged to be the first large-scale horizontal project in the vicinity with amenities likely to include a golf course and a large clubhouse. Kamal Singal, managing director and CEO, Arvind Smartspaces said: We are confident of the large opportunity the MMR plotted/villa market presents and look forward to bring our horizontal value proposition there. Entering MMR reinforces our strategy of balanced geographic diversification across Gujarat, Karnataka and Maharashtra. With this acquisition the cumulative new business development topline potential stands at Rs 2,500 crore for the current year to date. In the coming quarters, we also look forward to add more projects in MMR and rest of our target markets including Ahmedabad and Bengaluru.' Arvind SmartSpaces is a real estate development company. With approximately 78 million square feet of real estate development across the country, the company is focused on delivering real estate solutions that add value to the lives of its customers and is fast emerging as a leading corporate real estate player in the country. The company has real estate developments across Ahmedabad, Gandhinagar, Bangalore and Pune. The company's consolidated net profit surged to Rs 40.69 crore in the quarter ended September 2024 as against Rs 8.64 crore during the previous quarter ended September 2023. Sales rose 265.46% to Rs 265.58 crore in Q2 FY25 as compared with Q2 FY24. The scrip fell 2.72% to currently trade at Rs 756 on the BSE. Powered by Capital Market - Live