Conference Call with Arvind SmartSpaces Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
Realty company Arvind SmartSpaces announced Q1FY26 results Bookings were at Rs 175 crore vs Rs 201 crore last year Collections amounted to Rs 191 crore vs Rs 249 crore last year Revenue from Operations grew by 37% YoY to Rs 102 crore vs. Rs 75 crore last year Adj. EBITDA grew by 205% YoY to Rs 24.5 crore vs. Rs 8 crore last year PAT grew by 159% YoY to Rs 12 crore as against Rs 5 crore last year Net Debt (Interest bearing funds) at Rs (50) crore as on June 30, 2025 from Net debt of Rs 27 crore as on Mar 31, 2025. Net Debt (Interest-bearing funds) to Equity ratio stood at (0.08) as on June 30, 2025 as against 0.04 as on Mar 31, 2025 Net Operating Cash Flows of Rs 27 crore in Q1FY26 Kamal Singal, Managing Director, Arvind SmartSpaces said, "Our financial performance continues to remain strong, driven by strong execution. In Q1, revenue grew 37% YoY to Rs 102 crore, Adj. EBITDA improved 205% YoY to Rs 24.5 crore, and PAT increased 159% YoY to Rs 12 crore. Further, we continue to generate positive operational cash flows and balance sheet remains strong with Net Debt at Rs (50) crore. On the business development front, we are actively evaluating several opportunities and are confident of maintaining a healthy addition run rate, in line with the performance seen over the past couple of years. We are on track to conclude the ongoing business plan of adding new projects with a cumulative topline potential of Rs 5,000 crore across Gujarat, Bengaluru and MMR. We remain positive about the demand scenario we are witnessing in the sector. Relatively lower interest rates, supportive government policies, and rising disposable incomes continue to support homebuyer demand. Over the medium to long term, we believe the sector will witness further consolidation in favour of organised players, driven by stronger execution, rising capital intensity, and improving cash flows. This is an opportunity we are well prepared to capture, backed by our healthy balance sheet, growing brand equity, and disciplined approach to business development. Our strong launch pipeline for the year ahead makes us confident in our ability to deliver strong sales performance this year.” Result PDF