| Revenue growth | Q2 +12% YoY; H1 +96% YoY, completion-based recognition |
|---|---|
| Margins | Adj. EBITDA margin Q2 29% vs 22%; H1 42% vs 23% |
| Order book | Unrecognised revenue ₹4,550 Cr vs ₹3,733 Cr at Mar-26 |
| Demand visibility | Q2 bookings ₹906 Cr (+110%); H1 ₹1,338 Cr |
Growth
Q2 revenue +12% YoY; Q2 adj. EBITDA ₹45.3 Cr (29% margin) vs ₹31.1 Cr (22%). H1 PAT ₹120.1 Cr (25% margin).
Outlook
No explicit FY27 growth guidance. FY27 new business potential ~₹3,100 Cr; unrecognised revenue ₹4,550 Cr.
Risks
Revenue lags bookings due to completion-based recognition. Net debt/equity rose to 0.26x from 0.13x in Dec 2025.
Last quarter's promises, checked
Delivered
- FY27 bookings +35-40% (Rs2,100-2,200 Cr) → H1 Rs1,338 Cr, +120% (= BEAT, pace)
- New-sales EBITDA margin 22-25% → Q2 adj. EBITDA 29% (= BEAT, recognition-driven)
Partly delivered
- BD Rs4,000-5,000 Cr GDV → ~Rs2,600 Cr added by Aug; no later figure (= PARTIAL)
- FY27 OCF Rs400-500 Cr → Q1 Rs81 Cr + Q2 Rs152 Cr (= PARTIAL, unconfirmed)
- 6 launches, Rs3,000-3,500 Cr → Sylva Rs507 Cr, Iconia Rs81 Cr bookings; count/total not stated (= PARTIAL)
Investor Presentation filed with BSE, NSE: ARVSMART. Summary written with AI assistance from the document.
Arvind SmartSpaces Ltd: key numbers
- Share price
- ₹610.00
- Market cap
- ₹2,799 Cr
- Revenue (annual)
- ₹564.0 Cr
- Net profit (annual)
- ₹96.44 Cr
- P/E (TTM)
- 15.2×Sector 35.9×
- Promoter holding
- 53.77%-0.06% QoQ
- FII holding
- 0.59%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Arvind SmartSpaces Ltd
All →Arvind SmartSpaces Acquisition
Arvind SmartSpaces will acquire 1,500 equity shares (15%) of newly incorporated Arvind Global Capability Center for Rs. 15,000 in cash. The related-party deal is expected to complete within one month.
- Execution
- Within one month from the date of Board approval
Arvind SmartSpaces Results Update
Arvind SmartSpaces reported record Q2 FY27 bookings, up 110% YoY, with higher revenue and profit. The release covers unaudited results for the half year ended September 2026.
Arvind SmartSpaces Q2 FY27 Results: Net Profit ₹22.7 Cr, Up 25.4% YoY
Arvind SmartSpaces Ltd reported revenue from operations of ₹157.4 Cr (+12.0% YoY) and net profit of ₹22.7 Cr (+25.4% YoY) for Q2 FY27.
- Key figure
- Net profit ₹22.7 Cr · +25.4% YoY
Arvind SmartSpaces Employee Stock Options
Arvind SmartSpaces granted 10,000 stock options under its ESOP 2016 scheme at Rs. 563.85 exercise price. Options vest 2027-2030, with no cash value realised yet.
- Execution
- Vesting 01-11-2027 to 01-11-2030; exercisable within 5 years from vesting
Arvind SmartSpaces Board Meeting Date
Arvind SmartSpaces will meet on 5 November 2026 to consider unaudited September 2026 quarter and half-year results. Trading window stays closed until 48 hours post-announcement.
Arvind SmartSpaces Other Announcement
Arvind SmartSpaces Limited filed its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.