Arvind SmartSpaces reported a strong operational performance for FY26 with record annual bookings, collections, and quarterly sales momentum, while profitability improved sharply during the March quarter.
The company said annual booking value reached an all-time high of ₹1,550 crore in FY26, marking a 22% year-on-year growth. Annual collections also touched a record ₹1,100 crore, up 17% YoY.
For Q4FY26, Arvind SmartSpaces reported its highest-ever quarterly booking value at ₹612 crore, registering a sharp 61% growth over the year-ago period. Quarterly collections rose 65% YoY to ₹355 crore.
Revenue from operations for the March quarter stood at ₹155 crore compared to ₹163 crore a year earlier. Despite the marginal decline in revenue, profitability improved significantly.
Adjusted EBITDA for Q4FY26 rose 26% YoY to ₹56.4 crore from ₹44.6 crore last year, while PAT more than doubled to ₹44.2 crore compared to ₹21.8 crore in Q4FY25.
EBITDA margin expanded sharply during the quarter, aided by better project mix and operational efficiencies.
The company also highlighted strong cash generation, with net operating cash flows reaching ₹417 crore during FY26. Net debt, excluding interest-bearing funds, stood at ₹31 crore as of March 31, 2026, compared to net debt of ₹79 crore a year earlier.
During the quarter, the company launched Arvind Skycrest in Bannerghatta, Bengaluru, where it achieved bookings of 164 units worth ₹262 crore within a week. It also launched Arvind Greenfields in Ajwa Road, Vadodara, with bookings of 323 units amounting to ₹178 crore.
Arvind SmartSpaces continued expanding its project pipeline during FY26. The company acquired residential projects in Sarjapur Road and Whitefield in Bengaluru with combined top-line potential exceeding ₹1,190 crore. It also entered the Mumbai residential redevelopment market through a premium Santacruz project with an estimated top-line potential of around ₹300 crore.
Additionally, in April 2026, the company signed a high-rise residential project in Goregaon, Mumbai, with an estimated top-line potential of approximately ₹2,400 crore.
The Board of Directors recommended a final dividend of ₹2.25 per equity share of face value ₹10 each for FY26.
Management said FY26 marked a landmark year for the company with strong growth across bookings, collections, cash generation, and project additions, while maintaining a focus on disciplined expansion and profitability.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice.