
About Arvind Smartspaces Limited
Data last updated:
Arvind Smartspaces Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L45201GJ2008PLC055771. Its GSTIN is 24AAHCA5001H1Z8 (Gujarat). The company holds 4 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 539301 and NSE: ARVSMART.
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹45.87 Cr. It was formerly known as Arvind Homes Limited. It is led by directors including Priyansh Kapoor (Managing Director) and Kamal Shamlal Singal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 08 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹564.05 Cr, a decline of 20.9% compared to the previous year. For the same year it recorded a net profit of ₹87.73 Cr (net margin 15.6%) and EBITDA of ₹151.9 Cr (EBITDA margin 26.9%). The net worth stands at ₹649.19 Cr (up 8.6% YoY). Total assets are valued at ₹1,485.25 Cr (up 35.1% YoY).
The company has about 442 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: Arvind SmartSpaces and Arvind Ltd.. As per MCA filings, the company has open charges of ₹681.48 Cr and satisfied charges of ₹297.06 Cr on record. Court records list 22 cases involving the company, including 18 filed by the company and 4 filed against it; 8 cases are pending. The company has 41 deals on record (34 market trades, 4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹218.07 Cr; the latest was in September 2026. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 78 overdue payments to 38 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website arvindsmartspaces.com.
Company details
Name history
Arvind Smartspaces has undergone 5 name changes throughout its history. The current legal name is Arvind Smartspaces Limited.
| Company Name | Status |
|---|---|
| Arvind Smartspaces Limited | Current |
| Arvind Homes Limited | Previous |
| Arvind Lifespaces Limited | Previous |
| Arvind Smart Spaces Limited | Previous |
| Arvind Infrastructure Limited | Previous |
CIN history
Arvind Smartspaces has one previous CIN (Corporate Identification Number): U45201GJ2008PLC055771. The current CIN is L45201GJ2008PLC055771, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45201GJ2008PLC055771 | Current |
| U45201GJ2008PLC055771 | Previous |
Contact details
Arvind Smartspaces Limited's registered office is in Ahmedabad, Gujarat. Its website is arvindsmartspaces.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address24 Government Servant'S Society Near Municipal Market Off. C.G.Road Na, Vrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Arvind Smartspaces Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Arvind Smartspaces operates two associated brands: Arvind SmartSpaces and Arvind Ltd.. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential and commercial real estate properties are developed. | arvindsmartspaces.com | |
| Textiles, apparel, and advanced materials are manufactured across sectors. | arvind.com |
Business activity
The main business activity of Arvind Smartspaces is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Arvind Smartspaces Limited, buy the company report.
Financials of Arvind Smartspaces Limited
FY 2025-26 filings availableArvind Smartspaces Limited reported revenue of ₹564.05 Cr (down 20.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 564 | 713 | 341 | 256 | 257 | 149 | 299 |
| Revenue growth | -20.9% | +109.1% | +33.3% | -0.4% | +72.1% | -50.2% | - |
| EBITDA | 152 | 168 | 111 | 48.93 | 48.36 | 40.62 | 88.64 |
| EBITDA margin | +26.9% | +23.6% | +32.7% | +19.1% | +18.8% | +27.2% | +29.6% |
| Profit before tax | 135 | 165 | 75.72 | 39.58 | 37.60 | 14.51 | 65.40 |
| Net profit | 87.73 | 95.51 | 36.99 | 25.36 | 25.10 | 8.82 | 39.35 |
| Net profit margin | +15.6% | +13.4% | +10.8% | +9.9% | +9.8% | +5.9% | +13.1% |
| EPS (₹) | 21.03 | 24.25 | 9.17 | 5.65 | 5.90 | 2.46 | 11.06 |
| Balance sheet | |||||||
| Total assets | 1,485 | 1,100 | 741 | 644 | 509 | 541 | 524 |
| Net worth | 649 | 598 | 495 | 466 | 439 | 311 | 289 |
| Total debt | 583 | 285 | 110 | 146 | 30.17 | 189 | 218 |
| Cash & bank | 174 | 56.45 | 63.14 | 63.65 | 153 | 35.08 | 5.53 |
| Net working capital | 417 | 220 | 249 | 395 | 369 | 425 | 429 |
| Cash flow | |||||||
| Cash from operations | (170) | (83.98) | 30.50 | (101) | 161 | 91.02 | (15.70) |
| Cash from investing | (6.16) | (109) | (27.76) | (81.52) | 29.29 | (42.04) | (6.56) |
| Cash from financing | 248 | 185 | (3.32) | 95.26 | (74.01) | (19.42) | 21.40 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 157 | 318 | 155 | 166 | 141 | 102 | 163 | 210 |
| Revenue growth (YoY) | +12.0% | +212.1% | -4.7% | -20.8% | -47.1% | +36.7% | - | - |
| Other income | 5.08 | 4.40 | 8.16 | 4.15 | 3.52 | 4.63 | 11.05 | 5.32 |
| EBITDA | 55.26 | 156 | 59.30 | 41.61 | 29.52 | 21.47 | 33.56 | 59.44 |
| EBITDA margin | +35.1% | +49.2% | +38.2% | +25.0% | +21.0% | +21.1% | +20.6% | +28.3% |
| Depreciation | 2.22 | 4.77 | 1.66 | 1.71 | 1.40 | 1.57 | 1.27 | 1.24 |
| Interest | 25.74 | 22.13 | 11.50 | 5.10 | 6.35 | 7.94 | 7.79 | 5.11 |
| Profit before tax | 32.38 | 134 | 54.30 | 38.95 | 25.29 | 16.59 | 35.55 | 58.41 |
| Tax | 9.62 | 36.52 | 10.14 | 9.72 | 7.23 | 4.63 | 13.81 | 8.21 |
| Net profit | 22.76 | 97.39 | 44.16 | 29.23 | 18.06 | 11.96 | 21.74 | 50.20 |
| EPS (₹) | 3.90 | 21.72 | 9.59 | 6.25 | 3.09 | 2.41 | 4.17 | 10.35 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 238 | 125 | 151 | 117 | 120 | 93.87 | 151 |
| Revenue growth | +90.6% | -17.2% | +28.6% | -2.4% | +28.0% | -38.0% | - |
| EBITDA | 40.94 | (6.29) | 36.92 | 16.74 | 30.38 | 20.86 | 34.49 |
| EBITDA margin | +17.2% | -5.0% | +24.5% | +14.3% | +25.3% | +22.2% | +22.8% |
| Profit before tax | 58.50 | 17.94 | 67.00 | 47.34 | 45.38 | 17.99 | 26.06 |
| Net profit | 41.37 | 3.10 | 50.81 | 37.93 | 39.18 | 14.05 | 19.43 |
| Net profit margin | +17.4% | +2.5% | +33.7% | +32.3% | +32.6% | +15.0% | +12.8% |
| EPS (₹) | 10.02 | 2.96 | 12.16 | 8.45 | 9.20 | 3.93 | 5.45 |
| Balance sheet | |||||||
| Total assets | 1,159 | 787 | 640 | 584 | 472 | 458 | 490 |
| Net worth | 578 | 577 | 571 | 529 | 468 | 336 | 322 |
| Total debt | 575 | 204 | 65.61 | 52.72 | 1.97 | 119 | 165 |
| Cash & bank | 94.46 | 27.27 | 39.04 | 19.19 | 140 | 21.22 | 4.30 |
| Net working capital | 246 | (17.93) | (42.74) | (66.15) | 49.15 | 166 | 205 |
| Cash flow | |||||||
| Cash from operations | (144) | (232) | (45.01) | (31.59) | 225 | 83.94 | (39.39) |
| Cash from investing | (86.61) | 104 | 73.62 | (157) | (69.60) | (0.79) | 68.77 |
| Cash from financing | 298 | 115 | (8.83) | 67.35 | (36.03) | (66.24) | (28.75) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 82.26 | 91.98 | 79.70 | 103 | 35.67 | 19.82 | 68.27 | 19.52 |
| Revenue growth (YoY) | +130.6% | +364.1% | +16.7% | +426.1% | +176.7% | -18.0% | - | - |
| Other income | 23.97 | 20.62 | 17.99 | 11.40 | 12.05 | 7.94 | 9.40 | 10.24 |
| Total expenses | 70.35 | 66.17 | 52.14 | 74.74 | 46.08 | 23.98 | 63.97 | 24.65 |
| EBITDA | 11.91 | 25.81 | 27.56 | 27.95 | (10.41) | (4.16) | 4.30 | (5.13) |
| EBITDA margin | +14.5% | +28.1% | +34.6% | +27.2% | -29.2% | -21.0% | +6.3% | -26.3% |
| Depreciation | 1.20 | 1.33 | 1.10 | 1.12 | 1.02 | 1.00 | 0.87 | 0.72 |
| Interest | 19.02 | 16.00 | 10.63 | 6.43 | 4.86 | 5.65 | 4.49 | 1.88 |
| Profit before tax | 15.66 | 29.10 | 33.82 | 31.80 | (4.24) | (2.87) | 8.34 | 2.51 |
| Tax | 3.79 | 8.95 | 5.30 | 8.68 | (0.46) | (0.97) | 2.61 | 0.58 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 157 | 318 | 155 | 166 | 141 | 102 | 163 | 210 |
| Revenue growth (YoY) | +12.0% | +212.1% | -4.7% | -20.8% | -47.1% | +36.7% | - | - |
| Other income | 5.08 | 4.40 | 8.16 | 4.15 | 3.52 | 4.63 | 11.05 | 5.32 |
| EBITDA | 55.26 | 156 | 59.30 | 41.61 | 29.52 | 21.47 | 33.56 | 59.44 |
| EBITDA margin | +35.1% | +49.2% | +38.2% | +25.0% | +21.0% | +21.1% | +20.6% | +28.3% |
| Depreciation | 2.22 | 4.77 | 1.66 | 1.71 | 1.40 | 1.57 | 1.27 | 1.24 |
| Interest | 25.74 | 22.13 | 11.50 | 5.10 | 6.35 | 7.94 | 7.79 | 5.11 |
| Profit before tax | 32.38 | 134 | 54.30 | 38.95 | 25.29 | 16.59 | 35.55 | 58.41 |
| Tax | 9.62 | 36.52 | 10.14 | 9.72 | 7.23 | 4.63 | 13.81 | 8.21 |
| Net profit | 22.76 | 97.39 | 44.16 | 29.23 | 18.06 | 11.96 | 21.74 | 50.20 |
| EPS (₹) | 3.90 | 21.72 | 9.59 | 6.25 | 3.09 | 2.41 | 4.17 | 10.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 564 | 713 | 341 | 256 | 257 | 149 | 299 |
| Revenue growth | -20.9% | +109.1% | +33.3% | -0.4% | +72.1% | -50.2% | - |
| Other income | 20.46 | 22.81 | 9.70 | 7.35 | 7.58 | 1.89 | 2.21 |
| Total expenses | 412 | 545 | 230 | 207 | 208 | 109 | 211 |
| Employee cost | 84.84 | 73.16 | 53.90 | 36.82 | 27.24 | 20.57 | 21.75 |
| EBITDA | 152 | 168 | 111 | 48.93 | 48.36 | 40.62 | 88.64 |
| EBITDA margin | +26.9% | +23.6% | +32.7% | +19.1% | +18.8% | +27.2% | +29.6% |
| Depreciation | 6.35 | 4.92 | 4.50 | 2.71 | 1.51 | 1.13 | 1.11 |
| Interest | 30.89 | 20.81 | 40.94 | 13.99 | 16.83 | 26.87 | 24.34 |
| Profit before tax | 135 | 165 | 75.72 | 39.58 | 37.60 | 14.51 | 65.40 |
| Tax | 31.72 | 46.07 | 24.62 | 11.75 | 12.85 | 5.47 | 24.25 |
| Net profit | 87.73 | 95.51 | 36.99 | 25.36 | 25.10 | 8.82 | 39.35 |
| Net profit margin | +15.6% | +13.4% | +10.8% | +9.9% | +9.8% | +5.9% | +13.1% |
| EPS (₹) | 21.03 | 24.25 | 9.17 | 5.65 | 5.90 | 2.46 | 11.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 45.87 | 45.56 | 45.34 | 45.31 | 42.46 | 35.55 | 35.55 |
| Reserves & surplus | 603 | 552 | 449 | 421 | 365 | 262 | 253 |
| Shareholders' funds (net worth) | 649 | 598 | 495 | 466 | 439 | 311 | 289 |
| Minority interest | 247 | 210 | 132 | 28.99 | 37.63 | 38.68 | 15.77 |
| Secured loans | 459 | 198 | 63.08 | 52.61 | 30.17 | 93.63 | 134 |
| Unsecured loans | 124 | 87.21 | 47.14 | 93.19 | 0.00 | 95.60 | 83.75 |
| Total debt | 583 | 285 | 110 | 146 | 30.17 | 189 | 218 |
| Total liabilities | 1,485 | 1,100 | 741 | 644 | 509 | 541 | 524 |
| Assets | |||||||
| Gross block | 80.48 | 73.02 | 64.13 | 54.20 | 49.18 | 13.79 | 12.80 |
| Net block | 60.00 | 57.83 | 53.23 | 46.43 | 43.31 | 9.25 | 8.94 |
| Capital work in progress | 61.82 | 25.07 | 18.65 | 17.16 | 12.73 | 39.16 | 20.30 |
| Investments | 121 | 186 | 103 | 83.49 | 0.27 | 1.44 | 1.43 |
| Inventories | 2,222 | 1,489 | 1,362 | 957 | 766 | 694 | 663 |
| Sundry debtors | 15.46 | 14.62 | 2.62 | 2.71 | 1.06 | 2.27 | 1.02 |
| Cash & bank balances | 174 | 56.45 | 63.14 | 63.65 | 153 | 35.08 | 5.53 |
| Loans & advances | 108 | 226 | 182 | 238 | 75.14 | 77.98 | 32.46 |
| Total current assets | 2,521 | 1,787 | 1,610 | 1,261 | 995 | 810 | 702 |
| Total current liabilities | 2,103 | 1,566 | 1,361 | 867 | 627 | 384 | 273 |
| Net working capital | 417 | 220 | 249 | 395 | 369 | 425 | 429 |
| Total assets | 1,485 | 1,100 | 741 | 644 | 509 | 541 | 524 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 55.09 | 63.03 | 63.61 | 151 | 35.04 | 5.49 | 6.35 |
| Net cash from operating activities | (170) | (83.98) | 30.50 | (101) | 161 | 91.02 | (15.70) |
| Net cash from investing activities | (6.16) | (109) | (27.76) | (81.52) | 29.29 | (42.04) | (6.56) |
| Net cash from financing activities | 248 | 185 | (3.32) | 95.26 | (74.01) | (19.42) | 21.40 |
| Net change in cash | 71.20 | (7.93) | (0.58) | (87.30) | 116 | 29.55 | (0.87) |
| Closing cash | 174 | 56.45 | 63.14 | 63.65 | 153 | 35.08 | 5.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -20.9% | +109.1% | +33.3% | -0.4% | +72.1% | -50.2% | - |
| EBITDA growth | -9.7% | +50.9% | +127.8% | +1.2% | +19.1% | -54.2% | - |
| PBT growth | -18.2% | +118.2% | +91.3% | +5.3% | +159.1% | -77.8% | +36.8% |
| Net income growth | -8.2% | +158.2% | +45.9% | +1.0% | +184.6% | -77.6% | - |
| Revenue CAGR (3Y) | +30.1% | +40.6% | +31.7% | -5.1% | -0.7% | -9.0% | +23.6% |
| EBITDA CAGR (3Y) | +45.9% | +51.5% | +40.0% | -18.0% | -10.7% | -12.6% | +26.3% |
| Profitability & leverage | |||||||
| Net income margin | +18.3% | +16.7% | +15.0% | +10.9% | +9.6% | +6.1% | +13.7% |
| Return on capital employed | +15.6% | +24.8% | +19.1% | +9.9% | +11.2% | +8.2% | +19.2% |
| Return on net worth | +16.6% | +21.8% | +10.6% | +6.2% | +6.6% | +3.0% | +15.1% |
| Debt / equity | 0.70 | 0.36 | 0.27 | 0.19 | 0.29 | 0.68 | 0.72 |
| Long-term debt / equity | 0.69 | 0.35 | 0.26 | 0.20 | 0.26 | 0.50 | 0.40 |
| Interest cover | 21.22 | 12.75 | 38.28 | 30.27 | 35.92 | 68.04 | 27.81 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 7.35 | 10.40 | 5.77 | 4.95 | 8.16 | 11.23 | 23.54 |
| Inventory turnover | 0.30 | 0.50 | 0.29 | 0.30 | 0.35 | 0.22 | 0.46 |
| Debtors turnover | 37.50 | 82.75 | 128.02 | 135.77 | 154.26 | 90.74 | 278.60 |
| EPS (₹) | 21.03 | 24.25 | 9.17 | 5.65 | 5.90 | 2.46 | 11.06 |
| Dividend per share (₹) | 2.25 | 6.00 | 3.50 | 3.30 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 141.54 | 131.24 | 109.07 | 102.93 | 96.00 | 83.63 | 81.23 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 82.26 | 91.98 | 79.70 | 103 | 35.67 | 19.82 | 68.27 | 19.52 |
| Revenue growth (YoY) | +130.6% | +364.1% | +16.7% | +426.1% | +176.7% | -18.0% | - | - |
| Other income | 23.97 | 20.62 | 17.99 | 11.40 | 12.05 | 7.94 | 9.40 | 10.24 |
| Total expenses | 70.35 | 66.17 | 52.14 | 74.74 | 46.08 | 23.98 | 63.97 | 24.65 |
| EBITDA | 11.91 | 25.81 | 27.56 | 27.95 | (10.41) | (4.16) | 4.30 | (5.13) |
| EBITDA margin | +14.5% | +28.1% | +34.6% | +27.2% | -29.2% | -21.0% | +6.3% | -26.3% |
| Depreciation | 1.20 | 1.33 | 1.10 | 1.12 | 1.02 | 1.00 | 0.87 | 0.72 |
| Interest | 19.02 | 16.00 | 10.63 | 6.43 | 4.86 | 5.65 | 4.49 | 1.88 |
| Profit before tax | 15.66 | 29.10 | 33.82 | 31.80 | (4.24) | (2.87) | 8.34 | 2.51 |
| Tax | 3.79 | 8.95 | 5.30 | 8.68 | (0.46) | (0.97) | 2.61 | 0.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 238 | 125 | 151 | 117 | 120 | 93.87 | 151 |
| Revenue growth | +90.6% | -17.2% | +28.6% | -2.4% | +28.0% | -38.0% | - |
| Other income | 49.37 | 37.79 | 38.26 | 37.45 | 27.31 | 17.66 | 10.61 |
| Total expenses | 197 | 131 | 114 | 101 | 89.79 | 73.01 | 117 |
| Employee cost | 47.64 | 40.87 | 31.82 | 18.76 | 13.56 | 11.01 | 12.84 |
| EBITDA | 40.94 | (6.29) | 36.92 | 16.74 | 30.38 | 20.86 | 34.49 |
| EBITDA margin | +17.2% | -5.0% | +24.5% | +14.3% | +25.3% | +22.2% | +22.8% |
| Depreciation | 4.24 | 3.03 | 2.45 | 1.28 | 0.94 | 0.86 | 0.82 |
| Interest | 27.57 | 10.53 | 5.73 | 5.57 | 11.37 | 19.67 | 18.22 |
| Profit before tax | 58.50 | 17.94 | 67.00 | 47.34 | 45.38 | 17.99 | 26.06 |
| Tax | 12.56 | 4.44 | 11.88 | 9.07 | 6.35 | 4.02 | 6.67 |
| Net profit | 41.37 | 3.10 | 50.81 | 37.93 | 39.18 | 14.05 | 19.43 |
| Net profit margin | +17.4% | +2.5% | +33.7% | +32.3% | +32.6% | +15.0% | +12.8% |
| EPS (₹) | 10.02 | 2.96 | 12.16 | 8.45 | 9.20 | 3.93 | 5.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 45.87 | 45.56 | 45.34 | 45.31 | 42.46 | 35.55 | 35.55 |
| Reserves & surplus | 532 | 531 | 525 | 484 | 418 | 301 | 287 |
| Shareholders' funds (net worth) | 578 | 577 | 571 | 529 | 468 | 336 | 322 |
| Secured loans | 459 | 197 | 61.91 | 54.09 | 2.47 | 119 | 165 |
| Unsecured loans | 117 | 6.49 | 3.70 | (1.37) | (0.50) | 0.00 | 0.00 |
| Total debt | 575 | 204 | 65.61 | 52.72 | 1.97 | 119 | 165 |
| Total liabilities | 1,159 | 787 | 640 | 584 | 472 | 458 | 490 |
| Assets | |||||||
| Gross block | 33.43 | 28.51 | 21.96 | 14.85 | 12.57 | 10.88 | 10.34 |
| Net block | 21.21 | 19.51 | 15.42 | 9.93 | 8.34 | 7.43 | 7.34 |
| Capital work in progress | 2.74 | 0.21 | 0.00 | 1.44 | 0.69 | 0.02 | 0.25 |
| Investments | 485 | 463 | 348 | 244 | 222 | 148 | 180 |
| Inventories | 747 | 373 | 277 | 181 | 194 | 207 | 232 |
| Sundry debtors | 7.64 | 1.16 | 1.87 | 1.78 | 1.03 | 2.27 | 0.95 |
| Cash & bank balances | 94.46 | 27.27 | 39.04 | 19.19 | 140 | 21.22 | 4.30 |
| Loans & advances | 279 | 240 | 136 | 128 | 77.93 | 79.41 | 37.85 |
| Total current assets | 1,128 | 641 | 454 | 330 | 413 | 310 | 275 |
| Total current liabilities | 882 | 659 | 496 | 396 | 364 | 143 | 69.65 |
| Net working capital | 246 | (17.93) | (42.74) | (66.15) | 49.15 | 166 | 205 |
| Total assets | 1,159 | 787 | 640 | 584 | 472 | 458 | 490 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 25.92 | 38.92 | 19.14 | 140 | 21.17 | 4.26 | 3.62 |
| Net cash from operating activities | (144) | (232) | (45.01) | (31.59) | 225 | 83.94 | (39.39) |
| Net cash from investing activities | (86.61) | 104 | 73.62 | (157) | (69.60) | (0.79) | 68.77 |
| Net cash from financing activities | 298 | 115 | (8.83) | 67.35 | (36.03) | (66.24) | (28.75) |
| Net change in cash | 68.20 | (13.00) | 19.78 | (121) | 119 | 16.91 | 0.64 |
| Closing cash | 94.46 | 27.27 | 39.04 | 19.19 | 140 | 21.22 | 4.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +90.6% | -17.2% | +28.6% | -2.4% | +28.0% | -38.0% | - |
| EBITDA growth | +750.9% | -117.0% | +120.6% | -44.9% | +45.6% | -39.5% | - |
| PBT growth | +226.1% | -73.2% | +41.5% | +4.3% | +152.3% | -31.0% | -55.2% |
| Net income growth | +1234.5% | -93.9% | +34.0% | -3.2% | +178.9% | -27.7% | - |
| Revenue CAGR (3Y) | +26.6% | +1.3% | +17.1% | -8.2% | -19.9% | -9.8% | +18.9% |
| EBITDA CAGR (3Y) | +34.7% | - | +21.0% | -21.4% | -21.6% | -17.1% | +7.8% |
| Profitability & leverage | |||||||
| Net income margin | +19.3% | +10.8% | +36.6% | +32.6% | +32.5% | +14.9% | +12.8% |
| Return on capital employed | +8.9% | +2.9% | +11.9% | +10.0% | +12.2% | +8.0% | +9.1% |
| Return on net worth | +8.0% | +1.3% | +10.0% | +7.7% | +9.7% | +4.2% | +6.2% |
| Debt / equity | 0.67 | 0.23 | 0.11 | 0.05 | 0.15 | 0.43 | 0.53 |
| Long-term debt / equity | 0.48 | 0.20 | 0.09 | 0.05 | 0.12 | 0.17 | 0.16 |
| Interest cover | 75.12 | -112.98 | 16.62 | 36.03 | 38.62 | 98.35 | 54.11 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 7.68 | 4.95 | 8.19 | 8.55 | 10.25 | 8.85 | 14.84 |
| Inventory turnover | 0.43 | 0.38 | 0.66 | 0.63 | 0.60 | 0.43 | 0.63 |
| Debtors turnover | 54.06 | 82.40 | 82.62 | 83.47 | 72.83 | 58.30 | 196.55 |
| EPS (₹) | 10.02 | 2.96 | 12.16 | 8.45 | 9.20 | 3.93 | 5.45 |
| Dividend per share (₹) | 2.25 | 6.00 | 3.50 | 3.30 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 125.95 | 126.64 | 125.83 | 116.71 | 108.44 | 94.55 | 90.69 |
To see the full year-wise statements and ratios of Arvind Smartspaces Limited, buy the company report.
Board of directors of Arvind Smartspaces Limited
Arvind Smartspaces has 10 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Shamlal Singal Also directs: Kausalya Realserve LLP, Karnavati Infracon LLP, Ramoney Global Funds (Ifsc) LLP and 4 more | Whole-Time Director | 08 May 2015 | 11 Years 6 Months | Current |
| Kulin Sanjay Lalbhai | Director | 29 Mar 2013 | 13 Years 7 Months | Current |
| Pallavi Vyas | Director | 05 Aug 2019 | 7 Years 3 Months | Current |
| Nirav Kalyanbhai Shah Also directs: Jayatma Enterprises Limited, Jayatma Industries Limited, Aksharchem (India ) Limited and 5 more | Director | 09 Jun 2017 | 9 Years 5 Months | Current |
| Vipul Roongta Also directs: Sushasvi Enterprises (OPC) Private Limited, Sushasvi Foundation | Nominee Director | 12 Nov 2021 | 5 Years 0 Months | Current |
| Prashant Kumar Das Also directs: Festra Education and Skills Foundation | Director | 03 Nov 2025 | 1 Years 0 Months | Current |
Auditor
Arvind Smartspaces Limited is audited by SRBC & CO. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRBC & CO. LLP | FY 2025 | 324982E/E300003 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 53.80%, foreign institutional investors hold 0.70%, domestic institutional investors hold 9.00% and retail and other public shareholders hold 36.50%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 53.80% | 53.80% | 49.80% | 49.80% |
| Public | 46.20% | 46.20% | 50.20% | 50.20% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2026 | 101331554 | Others | ₹14.21 Lakh | Open | |
| 27 Jun 2026 | 101331452 | Others | ₹22.21 Lakh | Open | |
| 05 Jun 2026 | 101308464 | Others | ₹11.19 Lakh | Open | |
| 29 May 2026 | 101306432 | Others | ₹200 Cr | Open | |
| 15 May 2026 | 101295985 | Others | ₹26.05 Lakh | Open |
To see the full charge records of Arvind Smartspaces Limited, buy the company report.
Total charge records: 77 View all charges
Deals & funding
Arvind Smartspaces Limited has 41 deals on record (34 market trades, 4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹218.07 Cr; the latest was in September 2026.
Deals on record (5 of 41)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹34.25 Cr | Buyer: Microcurves Trading Private Limited , Qe Securities LLP Seller: Microcurves Trading Private Limited , Qe Securities LLP |
| Aug 2026 | Market trade | ₹56.46 Cr | Buyer: Microcurves Trading Private Limited , NK Securities Research Private Limited Seller: Microcurves Trading Private Limited , NK Securities Research Private Limited |
| Apr 2026 | Market trade | ₹40.68 Cr | Buyer: NK Securities Research Private Limited , Silverleaf Capital Services Private Limited Seller: NK Securities Research Private Limited , Silverleaf Capital Services Private Limited |
| Mar 2026 | Market trade | ₹16.39 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited |
| Jun 2025 | Market trade | ₹34.98 Cr | Seller: Kausalya Realserve LLP |
To see the full deal history of Arvind Smartspaces Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Arvind Smartspaces Limited has 22 court cases on record: 18 filed by Arvind Smartspaces, 4 filed against it. 8 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 3 | 6 |
| High courts | 11 | 1 | 2 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against Valdel Infra India Pvt Ltd., Rep by Its MD | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| High Court of Gujarat | Appeal | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against R Sheladia Builders Through Partner Shri Sheladia Akshay Ramnikbhai | Pending |
| High Court, KARNATAKA | Court case (CRL.P) | Filed by the company against individuals | Pending |
To see the full case history of Arvind Smartspaces Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Arvind Smartspaces Limited was last rated by Indiarating on 12 Jan 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 12 Jan 2021 |
To see the full credit ratings and regulatory alerts of Arvind Smartspaces Limited, buy the company report.
MSME payment delays
Arvind Smartspaces Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 78 overdue payments to 38 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Princeton Academy Mumbai II Pvt. Ltd | |||
| Ceramic Art | |||
| Loyalie It-Solutions Private Limited |
To see the full MSME payment records of Arvind Smartspaces Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Arvind Smartspaces has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Arvind Hebbal Homes Private Limited | U45200GJ2011PTC066023 | |
| Arvind Homes Private Limited | U70104GJ2019PTC108188 | |
| Arvind Smarthomes Private Limited | U70109GJ2022PTC134678 |
To see the full group structure of Arvind Smartspaces Limited, buy the company report.
GST
Arvind Smartspaces has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCA5001H1Z8 | Gujarat | Active | 01 Jul 2017 |
| 24AAHCA5001H2Z7 | Gujarat | Active | 01 Apr 2025 |
| 29AAHCA5001H1ZY | Karnataka | Active | 01 Jul 2017 |
| 27AAHCA5001H1Z2 | Maharashtra | Active | 23 Apr 2025 |
To see the full GST registrations and return filing status of Arvind Smartspaces Limited, buy the company report.
Recent activity
Arvind Smartspaces Limited has 34 board changes on record since 2008: 22 appointments and 12 cessations. The latest: Prashant Kumar Das was appointed as Director on 03 Nov 2025.
143 earlier events are in the company report.
News
Frequently asked questions
Arvind Smartspaces is an active public limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 December 2008 (18+ years old) and is registered under CIN L45201GJ2008PLC055771. Listed on BSE: 539301 and NSE: ARVSMART.
Arvind Smartspaces reported revenue of ₹564.05 Cr for FY 2025-26 (down 20.9% YoY) based on consolidated financials.
Arvind Smartspaces has 10 current directors:
- Priyansh Kapoor - Managing Director
- Kamal Shamlal Singal - Whole-Time Director
- Kulin Sanjay Lalbhai - Director
- Pallavi Vyas - Director
- Nirav Kalyanbhai Shah - Director
- Vipul Roongta - Nominee Director
- Prashant Kumar Das - Director
- Punit Sanjay Lalbhai - Director
- Nilesh Dhirajlal Shah - Director
- Savan Rashmikant Godiawala - Director
The latest financial statements of Arvind Smartspaces on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 08 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Arvind Smartspaces is 24AAHCA5001H1Z8, registered in Gujarat. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 24AAHCA5001H2Z7 (Gujarat), 29AAHCA5001H1ZY (Karnataka), 27AAHCA5001H1Z2 (Maharashtra).
The CIN (Corporate Identification Number) of Arvind Smartspaces is L45201GJ2008PLC055771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Arvind Smartspaces is a listed company as per MCA records. Its shares are listed on both BSE (code: 539301) and NSE (symbol: ARVSMART).
Arvind Smartspaces has 22 court cases on record: 18 filed by the company and 4 filed against it. 8 are pending. Most are in the district courts.
Arvind Smartspaces was incorporated on 26 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Arvind Smartspaces has 41 deals on record (34 market trades, 4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹218.07 Cr; the latest was in September 2026.
Prashant Kumar Das was appointed as Director on 03 Nov 2025. Punit Sanjay Lalbhai was appointed as Director on 03 Nov 2025. Sanjaybhai Shrenikbhai Lalbhai ceased to be Director on 03 Nov 2025. Arvind Smartspaces has 34 board changes on record in total.

