Arvind SmartSpaces Reports Strong Q1 FY27 Results with Revenue and EBITDA Increases

Arvind SmartSpaces Reports Strong Q1 FY27 Results with Revenue and EBITDA Increases​

Arvind SmartSpaces Limited (ASL) reported a significant quarter for the first quarter of Financial Year 2027 (Q1 FY27), marked by substantial growth in bookings, collections, and operational cashflow. The company also received a credit rating upgrade in June 2026.

The real estate developer saw its quarterly bookings reach ₹432 Cr, representing a 147% increase year-on-year (YoY). Collections stood at ₹336 Cr, showing a rise of 76% YoY. Financially, the company recorded revenue of ₹318 Cr against ₹102 Cr in the previous year.

Adjusted EBITDA for Q1 FY27 was reported at ₹152 Cr, up from ₹25 Cr in the prior year. Net Profit After Tax (PAT) reached ₹97 Cr compared to ₹12 Cr previously.

In terms of future business potential, the company estimates the new business development topline potential for the quarter to be approximately ₹2,580 Cr.

Q1 FY27 Operational and Financial Highlights​

Arvind SmartSpaces maintained robust financial health during the quarter. The Net Debt to Equity ratio stood at 0.29x, compared to 0.26x as of March 2026, providing comfortable headroom for future growth financing. Furthermore, India Ratings & Research upgraded the company's long-term credit rating in June 2026 to AA-/Stable from A+/Stable.

The performance metrics across Q1 FY27 and the previous year are summarized below:

Bookings and Collections Performance​

Total bookings for Q1 FY27 were ₹432 Cr, covering a total area of 29,80,461 sq ft across Gujarat and Bengaluru. The key contributors to the company’s bookings included Aquacity (₹274 Cr), Uplands One (₹32 Cr), and The Edge (₹19 Cr).

The detailed breakdown of bookings by region and project is as follows:


Collections for the quarter amounted to ₹336 Cr across both Gujarat and Bengaluru. Project contributors included Aquacity (₹98 Cr), The Edge (₹30 Cr), and Arvind Skycrest (₹29 Cr).

Operating Cashflow Trend​

The company showed a sharp improvement in its operating cashflow (OCF). The OCF for Q1 FY27 was ₹81 Cr, significantly up from ₹27 Cr in the previous year.

A detailed look at the Net Operating Cashflow shows that collections stood at 336 Cr, while construction cost and other overheads were 161 Cr.

Project Pipeline and Portfolio Overview​

Arvind SmartSpaces has been actively expanding its project pipeline. In April 2026, the company signed a high-rise project in Goregaon Mumbai with a topline of approximately ₹2,400 Cr, encompassing 0.67 million sq ft of saleable carpet area. Subsequently, in June 2026, a residential horizontal project was added in Metal, south Ahmedabad, valued at approximately ₹180 Cr and covering 2.50 million sq ft.

The company’s comprehensive project portfolio includes completed projects, those under execution, and planned ventures across various states. For example, the completed projects include Aavishkaar Alcove Citadel Megapark in Gujarat and Belair Expansia in Karnataka. The ongoing portfolio includes projects such as Aquacity and Uplands Two in Gujarat.

The Project Portfolio Summary shows that ASL holds a total estimated booking value of ₹5,85,63,165 across all ongoing residential projects in Gujarat and Karnataka.

ARVSMART Stock Price Movement​

As of 2:11 PM, shares of Arvind SmartSpaces Limited surge emphatically to ₹678.85, pushing toward their annual high after rallying by 12.52% or ₹75.55. This robust climb showcases incredible market momentum, with the equity nearing its 52-week peak while maintaining a powerful trading range above its ₹486.8 floor.