Arkade Developers Acquisition Worth ₹145.5 Cr
Arkade Developers acquired 100% of Woollen and Textile Industries for Rs.145.51 Crore in cash. WTIL becomes a wholly owned subsidiary, expanding real estate operations.
- Value
- ₹145.5 Cr
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Arkade Developers acquired 100% of Woollen and Textile Industries for Rs.145.51 Crore in cash. WTIL becomes a wholly owned subsidiary, expanding real estate operations.
Arkade Developers maintains operational pace with strong collections despite moderated pre-sales, focusing on redevelopment projects in Mumbai's western suburbs.
Q2 FY27 revenue ₹1,447 Mn (-45.1% YoY), EBITDA ₹345 Mn (23.84% margin), PAT ₹248 Mn (-45.9%). H1 PAT ₹439 Mn. Collections up 22%; pre-sales weak; ₹19,000 Cr pipeline.
Arkade Developers appointed Maria S John as Interim Company Secretary and Compliance Officer from 01 Dec 2026. Sheetal Solani, currently Company Secretary, goes on maternity leave effective 30 Nov 2026.
Arkade Developers issued a press release on September 2026 quarter and half-year results. Q2 collections rose 22% to ₹183 crore; PAT reached ₹25 crore.
Arkade Developers Ltd reported revenue from operations of ₹144.7 Cr (-45.1% YoY) and net profit of ₹24.8 Cr (-45.9% YoY) for Q2 FY27.
Arkade Developers has scheduled a board meeting for October 28, 2026 to approve unaudited financial results. The trading window is closed from October 1, 2026 pending declaration.
Arkade Developers Ltd has submitted its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.
Arkade Developers marks its 2-year IPO milestone, expanding its project portfolio to 15 sites with 500% GDV growth. It delivered 708 homes and acquired new Mumbai land.
Arkade Developers held its 40th Annual General Meeting on September 22, 2026. The meeting covered adoption of financial statements, director reappointment, and ESOP plan implementation.
Arkade reported Q1 FY27 presales of ₹155 Cr (+9.3% YoY) and collections of ₹164 Cr. The company is pivoting towards premium MMR redevelopment with a ₹20,000 Cr GDV pipeline.