Arvind SmartSpaces share price, P/E, ROE & financials

On 6 Nov 2026, Arvind SmartSpaces was priced at ₹606.50, or 14.9× trailing earnings, against an industry P/E of 22.1×, and the shares are 14% below their 52-week high. It earns ROCE of 12% and ROE of 15%, and sales and net profit grew 32% and 56% a year over 3 years. Its dividend yield is 0.4%, and debt is 0.65× equity. It is a small-cap company with a market cap of ₹2,785 Cr, ranked 26th of 112 Real Estate (Development) companies by market cap; the shares fell 0.9% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹605.00
Day high: ₹608.85
Day low: ₹582.05
Prev. close: ₹611.80
Volume: 1 L

Health check

4 good · 1 fair · 1 to check

ReturnsAhead
−0.9% over a year, better than 7 of 7 peers.
Price tagCheaper
P/E 14.9 vs industry 22.1.
GrowthStrong
Sales +31.5%, profit +55.6% a year over 3 years.
ProfitabilityAverage
ROCE 11.8% vs peer median 10.4%.
Balance sheetStretched
Debt 0.65× equity, interest covered 5.4×, Piotroski 2 of 9.
Red flagsNone found
No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Real Estate - Development

111 listed peers. Screen the industry

Small cap

₹2,785 Cr, #26 of 112 in its industry by size.

Defensive

Beta 0.45 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹780 Cr · profit ₹184 Cr

Market cap: ₹2,785 Cr; Small cap
P/E: 14.9; Industry 22.1
Price to book: 4.24; Peers 2.88
Dividend yield: 0.37%
ROE: 15.5%; Peers 11.1%
ROCE: 11.8%; Peers 10.4%
Debt to equity: 0.65; Debt ₹583 Cr
EPS (TTM): ₹40.65; Face value ₹10
OPM (TTM): 36.8%; Net margin 23.6%
Sales growth: +212.1%; Latest quarter vs a year ago
Profit growth: +785.3%; Latest quarter vs a year ago
Price to sales: 3.57; EV/EBITDA 11.6

Strengths

Quarterly profit up 785.3% on a year ago.
Quarterly sales up 212.1% on a year ago.
Net margin of 23.6%.
P/E of 14.9 against an industry P/E of 22.1.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Arvind SmartSpaces

Arvind SmartSpaces Limited, together with its subsidiaries, engages in the development of real estate projects in India. The company develops residential, commercial, industrial projects, villa townships, apartments, plotted developments and villas, commercial spaces, and industrial parks. It serves individual retail clients and corporate entities. The company was formerly known as Arvind Infrastructure Limited and changed its name to Arvind SmartSpaces…

Headquarters: Ahmedabad
Employees: 523
Sector: Real Estate
ISIN: INE034S01021
Website: arvindsmartspaces.com

Price range

52 weeks

₹486.80₹707.85

Today

₹582.05₹608.85

Avg volume (3M): 2.1 L
1-year return: minus 0.9%
From 52-week high: minus 14.3%

Peers · Real Estate - Development

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
DLFDLF	752.90	plus 1.03%	1,86,366	40.8	127.6	6.3%	15.3%	0.01	11.3%	minus 3.8%
LODHALodha Developers	1,179.00	plus 0.27%	1,17,812	27.1	25.2	18.2%	33.1%	0.41	20.4%	minus 3.9%
OBEROIRLTYOberoi Realty	1,739.00	minus 0.13%	63,230	24.0	18.8	16.7%	57.5%	0.14	12.9%	minus 2.2%
GODREJPROPGodrej Properties	1,809.30	minus 0.31%	54,501	40.4	–	11.1%	−6.5%	1.02	32.4%	minus 20.9%
BRIGADEBrigade Enterprises	558.15	minus 0.89%	18,205	25.1	15.6	9.8%	29.2%	0.83	18.5%	minus 26.2%
ANANTRAJAnant Raj	445.45	minus 4.41%	16,031	26.5	24.1	10.4%	27.8%	0.13	37.9%	minus 27.8%
SOBHASobha	1,275.40	minus 1.28%	13,642	71.4	46.7	7.4%	6.5%	0.33	16.3%	minus 20.2%
ARVSMARTArvind SmartSpaces	606.50	minus 0.87%	2,785	14.9	19.5	11.8%	36.8%	0.65	31.5%	minus 0.9%
Median of 7 peers	–	−0.31%	54,501	27.1	24.7	10.4%	27.8%	0.33	18.5%	−20.2%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
102	141	166	155	318
80.3	111	125	96.1	161
21.5	29.5	41.6	59.3	156
21.1%	21.0%	25.0%	38.2%	49.2%
4.6	3.5	4.1	8.2	4.4
7.9	6.4	5.1	11.5	22.1
1.6	1.4	1.7	1.7	4.8
16.6	25.3	38.9	54.3	134
27.9%	28.6%	25.0%	18.7%	27.3%
11.2	14.2	28.8	42.3	99
2.41	3.09	6.25	9.59	21.72

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +31.5%
Profit CAGR 3Y: +55.6%
EPS CAGR 3Y: +54.9%
ROE: 15.5%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
246	330	707	559
–	+34.4%	+114.0%	minus 20.9%
197	218	538	401
49.1	112	168	159
20.0%	33.8%	23.8%	28.4%
6.1	1.8	9.4	4
14	40.9	20.8	30.9
2.7	4.5	4.9	6.3
1.1	7.6	13.3	9.7
39.6	75.7	165	135
29.7%	32.5%	27.9%	23.5%
25.6	41.6	110	96.4
–	+62.3%	+165.8%	minus 12.7%
5.63	9.09	24.00	20.95

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
45.3	45.3	45.6	45.9
421	449	552	603
146	110	285	583
898	1,498	1,787	2,361
1,511	2,102	2,671	3,594
71.8	194	209	358
25.7	143	152	299
0	–	–	497
148	162	253	282
1,265	1,603	2,056	2,158
1,511	2,102	2,671	3,594

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−101	30.5	−84	−170
−81.5	−27.8	−109	−6.2
95.3	−3.3	185	248
−87.3	−0.6	−7.9	71.2
−10.5	−15.9	−15.5	−47
−112	14.6	−99.5	−217
–	−14.9	−15.9	−27.5

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 8.0% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you