Arvind SmartSpaces Ltd. (ARVSMART) AI Stock Analysis

• Market Cap: ₹28.02B
• Dividend Yield: 0.98%
• Average Volume (3M): 1.39K
• Price to Earnings (P/E): 30.2
• Beta (1Y): 1.65
• Revenue Growth: 13.62%
• EPS Growth: 34.30%
• Country: IN
• Employees: 415
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 3.10
• Shares Outstanding: 45,866,978
• 10 Day Avg. Volume: 1,273
• 30 Day Avg. Volume: 1,385
• PEG Ratio: 0.18
• Price to Book (P/B): 5.49
• Price to Sales (P/S): 4.60
• P/FCF Ratio: -28.43
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 22.35
• Revenue Forecast (FY): ₹8.31B

• Rating: 63 Neutral
• Price Target: ₹664.00 ▲(9.40% Upside)

Arvind SmartSpaces Ltd. demonstrates strong financial performance with robust revenue growth and profitability, though liquidity risks from negative cash flow are concerning. Technical indicators suggest a neutral to slightly bearish trend, and the valuation appears fair with a reasonable P/E ratio. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Revenue Growth

The company's strong revenue growth indicates successful market penetration and demand for its properties, supporting long-term business expansion.

Profitability

A strong gross profit margin reflects effective cost control and pricing power, enhancing the company's ability to sustain profitability.

Return on Equity

High return on equity suggests effective management and profitable reinvestment of earnings, contributing to shareholder value.

Negative Factors

Negative Cash Flow

Negative operating cash flow can strain liquidity, limiting the company's ability to fund operations and growth without external financing.

High Liabilities

High liabilities relative to assets may increase financial risk, especially if revenue growth slows or interest rates rise.

Operational Efficiency

Declining EBIT and EBITDA margins indicate potential challenges in maintaining operational efficiency, which could impact future profitability.

Arvind SmartSpaces Ltd. Business Overview & Revenue Model

Company Description

Arvind SmartSpaces Limited engages in the development of real estate projects in India. It develops residential, commercial, and industrial projects located in Ahmedabad, Gandhinagar, Bengaluru, and Pune. The company was formerly known as Arvind Infrastructure Limited and changed its name to Arvind SmartSpaces Limited in November 2016. Arvind SmartSpaces Limited was incorporated in 2008 and is headquartered in Ahmedabad, India.

How the Company Makes Money

Arvind SmartSpaces generates revenue primarily through the sale and leasing of residential and commercial properties. The company develops projects that are marketed to individual homebuyers, investors, and businesses looking for office or retail space. Key revenue streams include direct sales from completed properties, leasing income from commercial spaces, and revenue from joint ventures and partnerships with other real estate developers and financial institutions. Additionally, Arvind SmartSpaces may benefit from strategic collaborations that enhance its market reach and operational efficiency, contributing positively to its financial performance.

Arvind SmartSpaces Ltd. Financial Statement Overview

Summary

Arvind SmartSpaces Ltd. shows strong revenue growth and profitability improvements, with a robust gross profit margin. The balance sheet is stable with a moderate debt-to-equity ratio and strong return on equity. However, high liabilities relative to assets and negative operating cash flow pose liquidity risks.

Income Statement

Arvind SmartSpaces has demonstrated strong revenue growth, with a significant increase in total revenue over the past year. The gross profit margin is robust at 43.5%, indicating good cost management. The net profit margin has improved to 15.5%, reflecting increased profitability. However, EBIT and EBITDA margins have slightly declined, showing some pressure on operational efficiency.

Balance Sheet

The company’s debt-to-equity ratio stands moderately at 0.48, suggesting a balanced capital structure. The return on equity is strong at 18.5%, indicating efficient use of equity capital. However, the equity ratio is 22.4%, showing a relatively high level of liabilities compared to assets, which could pose a risk if not managed carefully.

Cash Flow

Cash flow from operations has turned negative, which is a concern for liquidity management. The free cash flow has also decreased significantly, indicating potential challenges in covering operational and capital expenses. Nonetheless, the company has a reasonable free cash flow to net income ratio, showing some ability to generate cash relative to its income.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.41B	7.13B	3.41B	2.56B	2.57B	1.49B
Gross Profit	3.27B	3.10B	2.49B	1.30B	1.31B	713.77M
EBITDA	2.05B	1.91B	1.21B	504.19M	543.53M	425.02M
Net Income	1.19B	1.10B	415.71M	256.07M	250.58M	87.47M
Balance Sheet
Total Assets	0.00	26.71B	21.02B	15.11B	11.36B	9.26B
Cash, Cash Equivalents and Short-Term Investments	2.41B	2.43B	1.66B	1.48B	1.53B	366.47M
Total Debt	0.00	2.85B	1.10B	1.46B	301.68M	1.89B
Total Liabilities	-8.08B	18.63B	14.76B	10.15B	6.59B	5.76B
Stockholders Equity	8.08B	5.98B	4.95B	4.66B	4.39B	3.11B
Cash Flow
Free Cash Flow	0.00	-1.15B	145.68M	-1.12B	1.51B	789.15M
Operating Cash Flow	0.00	-999.38M	305.01M	-1.01B	1.61B	910.15M
Investing Cash Flow	0.00	-419.30M	-277.64M	-815.18M	292.93M	-420.42M
Financing Cash Flow	0.00	1.34B	-33.18M	952.64M	-740.09M	-194.23M

Arvind SmartSpaces Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 606.95
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ARVSMART, the sentiment is Positive. The current price of 606.95 is above the 20-day moving average (MA) of 597.57, above the 50-day MA of 606.47, and below the 200-day MA of 642.52, indicating a neutral trend. The MACD of 0.54 indicates Negative momentum. The RSI at 55.06 is Neutral, neither overbought nor oversold. The STOCH value of 79.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ARVSMART.

Arvind SmartSpaces Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AJMERA	67 Neutral	₹37.56B	28.99	―	0.47%	-1.25%	-5.48%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
MARATHON	64 Neutral	₹34.81B	12.52	―	0.19%	-21.43%	18.96%
ARVSMART	63 Neutral	₹28.02B	30.20	―	0.98%	13.62%	34.30%
KOLTEPATIL	57 Neutral	₹35.22B	46.57	―	1.01%	3.05%	―
ASHIANA	56 Neutral	₹29.67B	41.50	―	0.85%	24.58%	122.16%
HUBTOWN	55 Neutral	₹35.10B	26.14	―	―	64.29%	―

Arvind SmartSpaces Ltd. Corporate Events

Arvind SmartSpaces Expands with New High-Rise Project in Ahmedabad

Arvind SmartSpaces Limited has announced the acquisition of a new premium residential high-rise project in Vastrapur, Ahmedabad, with an estimated saleable area of 3.6 lakh sq. ft. and a top-line potential of approximately Rs. 400 crore. This strategic acquisition marks the company’s 24th project in Gujarat and reinforces its commitment to expanding its presence in high-potential markets, particularly in the premium residential sector. The project benefits from Vastrapur’s well-developed infrastructure and connectivity, making it a desirable location for residential development. The company’s CEO, Priyansh Kapoor, highlighted the ongoing diversification efforts and optimism in the premium residential market, with plans to expand further in Gujarat, Bengaluru, and MMR.

Arvind SmartSpaces Allots Equity Shares Under ESOP 2016

Arvind SmartSpaces Ltd. has announced the allotment of 17,500 equity shares to an eligible employee under its Employee Stock Option Plan 2016. This move is part of the company’s strategy to incentivize and retain talent, potentially enhancing employee engagement and aligning their interests with the company’s growth objectives.