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.
Arkade Developers Ltd has issued the notice for its 40th Annual General Meeting to be held on September 22, 2026, to discuss various business resolutions.
Arkade Developers Ltd has submitted its Annual Report for FY 2025-26, including the notice for the 40th Annual General Meeting scheduled for September 22, 2026.
Arkade Developers Ltd has received the Occupation Certificate (OC) for its residential project in Vile Parle. This confirms project completion in compliance with local building regulations.
Arkade Developers added four redevelopment projects in Mumbai with a ₹5,000 Crore turnover potential. These projects span 11.17 acres with 15 lakh sq. ft. saleable carpet area.
Arkade Developers is aggressively pivoting from stable redevelopment to high-growth outright acquisitions, doubling launch targets to ₹3,000 Cr in FY27.
Arkade Developers Q1FY27 reports revenue of ₹1,470 Mn with 12.99% PAT margin. Strategy focuses on Mumbai-centric premium residential projects and upcoming entry into commercial real estate.