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Earnings Call Transcript

Arvind SmartSpaces Earnings Call Transcript: Key Takeaways

Arvind SmartSpaces delivered a robust Q1 FY27 with 147% YoY presales growth, driven by the Aquacity project. Management maintains aggressive growth targets despite stabilizing real estate prices.

Guidance and delivery
Management target Revenue 35.0% FY27
Highlights
Revenue growthRevenue up 211% YoY driven by Bengaluru project completion.
MarginsEBITDA margins exceptionally high at 48% this quarter; normalized target 25%.
Order bookUnrecognized revenue at ₹3,825 Cr; strong cash flow visibility.
Demand visibilityStrong underlying demand in Ahmedabad, Bengaluru, and Mumbai markets.
Management confidenceHigh confidence; focusing on sustainable sales engine and geographical expansion.

Growth

Revenue grew to ₹318 Cr from ₹102 Cr YoY. Presales reached ₹432 Cr, a 147% increase.

Outlook

Targeting 35-40% bookings growth for FY27 and ₹4,000-5,000 Cr business development value.

Risks

Stabilizing price cycles and potential execution delays in large-scale Mumbai redevelopment projects like Goregaon.

Last quarter's promises, checked

Delivered

  • Guided 25-30% long-term CAGR → delivered 147% YoY presales growth (= BEAT)
  • Guided healthy OCF → delivered ₹417 Cr net operating cash flow in FY26 (= BEAT)
  • Guided debt-to-equity below 1:1 → delivered 0.29x (= BEAT)

Partly delivered

  • Guided EBITDA margin 22-25% → delivered 48% (exceptional/non-normalized) (= PARTIAL)
Source

Earnings Call Transcript filed with NSE, NSE: ARVSMART. Summary written with AI assistance from the document.

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Arvind SmartSpaces Ltd: key numbers

Share price
₹614.05
Market cap
₹2,818 Cr
Revenue (annual)
₹564.0 Cr
Net profit (annual)
₹96.44 Cr
P/E (TTM)
15.3×Sector 35.8×
Promoter holding
53.83%+0.00% QoQ
FII holding
0.69%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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