Arvind SmartSpaces Share Price Gains Over 3%; Q2FY27 Bookings Rise 110%

Written by: Team Angel OneUpdated on: 6 Nov 2026, 4:41 pm IST

Arvind SmartSpaces reported higher bookings, revenue and profit in Q2FY27, while raising its full-year bookings guidance for the year.

Arvind SmartSpaces reported total bookings of ₹906 crore in Q2FY27, up 110% from ₹432 crore in the same quarter last year. The results covering the quarter ended September 30, 2026, were announced through exchange filings dated November 5, 2026.

Revenue and Profit

Revenue from operations was ₹157.4 crore, compared with ₹140.5 crore in Q2 FY26. Adjusted EBITDA rose to ₹45.3 crore from ₹31.1 crore, while its margin increased to 29% from 22%.

Profit after tax (PAT) was ₹22.7 crore, against ₹18.1 crore a year earlier. PAT margin was 14%, compared with 13%. Collections increased 77% to ₹418 crore from ₹236 crore. Net operating cash flow stood at ₹152 crore, up 22% from ₹125 crore.

Sales from Recent Launches

Arvind Sylva, launched in August on Sarjapur Road, Bengaluru, generated bookings of around ₹507 crore within 30 days. This represented about 60% of its inventory. The company said it was its largest vertical project launch to date.

Arvind Iconia, launched towards the end of the quarter in Vastrapur, Ahmedabad, recorded bookings of ₹81 crore, or around 21% of its inventory. Bengaluru contributed 69% of Q2 bookings and Gujarat 31%.

Project Addition

In September, the company signed a joint development agreement for a residential high-rise project on Sarjapur Road. It has an estimated revenue potential of ₹470 crore and a saleable area of around 3.60 lakh square feet.

With additions made in the previous quarter, this took FY27 business development potential to approximately ₹3,100 crore.

H1 Results and FY27 Guidance

For H1 FY27, bookings rose 120% to ₹1,338 crore and collections increased 77% to ₹754 crore. Revenue was ₹475 crore, compared with ₹242.3 crore in H1 FY26.

Adjusted EBITDA increased to ₹197.4 crore from ₹55.6 crore, while PAT rose to ₹120.1 crore from ₹30 crore. The company raised its FY27 bookings guidance to ₹2,600–2,700 crore from ₹2,100–2,200 crore.

It retained its EBITDA margin guidance of 22–25% and GDV addition target of ₹4,000–5,000 crore. Net debt-to-equity was 0.26 times on September 30, compared with 0.29 times at the end of June 2026.

As of November 6, 2026, 10:11 am, Arvind SmartSpaces share price was trading at ₹592.50, up 3.15% from the previous closing price.

Conclusion

The September quarter saw higher bookings and collections for Arvind SmartSpaces, alongside an increase in revenue and PAT. The company revised its FY27 bookings target to ₹2,600-2,700 crore.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Nov 6, 2026, 11:11 AM IST

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