ADArkade Developers544261Key financial milestone

Press Release: Two Years Since IPO, Upcoming Project GDV at ₹18,000 Cr

Two years after its ₹410-crore IPO, Arkade says upcoming projects rose from 8 to 15 and projected GDV grew over 500% to ₹18,000 crore.

By ScoutQuest · Thu 24 Sep 2026, 1:08 PM IST · 2 min read

Projected GDV

₹18,000 crore (up 500% from ₹2,800 crore)

FY26 Total Income

₹828 crore

FY26 EBITDA

₹189 crore (23% margin)

Pre-sales FY26

₹901 crore

Homes Delivered

708 homes from five completed projects

What was shared

Arkade Developers shared a press release with the exchanges marking two years since its stock market debut in September 2024 through a ₹410-crore IPO. It is a business update, not a transaction or board decision.

Pipeline

• Upcoming projects went from eight to 15.
• Projected gross development value up more than 500% to ₹18,000 crore, from ₹2,800 crore in August 2024.
• Saleable carpet area of upcoming projects up more than 500% to 57 lakh sq ft.
• Total plot area up more than 300% to 1.75 lakh sq m; average project size more than doubled to 11,660 sq m.

Delivery and sales

• Five projects completed and 708 homes delivered over the period.
• Pre-sales grew at 18% CAGR, from ₹645 crore in FY24 to ₹901 crore in FY26.
• Area sold grew at 25% CAGR to 3.15 lakh sq ft; collections at 11% CAGR to ₹728 crore.

Financials

• Total income grew at 14% CAGR to ₹828 crore in FY26 from ₹636 crore in FY24.
• EBITDA of 189 Crs with an EBITDA margin of 23%.
• Net worth up 134% to ₹901 crore; the company describes a negligible debt-to-equity ratio.
• Liquid funds up 600% to ₹102 crore, with the company stating it remains net-cash positive as on date.

Land additions

The CMD noted acquisition of two large land parcels in Goregaon and Thane, an investment of approximately ₹530 crore spanning more than 10 acres, with a mix of greenfield and redevelopment opportunities.

How to read it

This is a company-authored milestone communication summarising its own scale and financial metrics. GDV is a projected value of future projects, not booked revenue, and depends on execution, approvals and market conditions over several years. Readers may view the update as a picture of expanding pipeline and balance-sheet strength, while keeping in mind that pipeline figures are forward-looking estimates.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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