Arkade Developers Ltd.

130.98-0.02%

2026-08-21

arkade.inBSE: 544261NSE: ARKADE
Market Cap₹ 2,371 Cr.
Current Price₹ 131
High / Low₹ 192 / 93
Stock P/E
Book Value₹ 49
Price to Book3.17
Dividend Yield0.00 %
ROCE30.7 %
ROE26.0 %
Face Value₹ 10

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ABOUT

KEY POINTS

PROS

  • Company has a healthy return on capital (ROCE) of 34.2%
  • Company has a good return on equity (ROE) track record: 3 Years ROE 34.0%
  • Company has consistently been profitable over the last 5 years
  • Company comfortably covers its interest (121.6x coverage)
  • Attractively priced for its growth - PEG of 0.4
  • Company maintains a comfortable, low leverage position

CONS

  • Operating cash flow has been negative in recent years
  • Receivables are growing faster than sales - a possible quality concern
  • Recent results are weak - TTM profit is down 103.5% versus prior year
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.65x)
  • Equity base is being diluted - shares outstanding up 9183.2%
  • Working capital days have increased from 183 to 490 days

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.DLF667.1037.14165128.041.20793.90-89.591280.34-52.876.8149.68
2.LODHA1206.0029.21120500.930.351373.10103.394996.7043.1016.8938.51
3.PHOENIXLTD1915.1553.5168497.970.13394.5122.951074.9412.8013.7059.77
4.PRESTIGE1575.0059.5767840.010.13271.40-12.872675.1015.9411.5131.75
5.OBEROIRLTY1859.0025.7067593.660.43543.5129.021300.8931.7317.6956.75
6.GODREJPROP1994.9537.5560093.180.50349.38-41.61506.1716.488.37-57.98
7.ANANTRAJ631.2539.2622717.230.16149.1918.50631.406.5812.2329.53
8.BRIGADE586.0527.5119120.430.26216.9437.351115.55-12.9311.0232.33
9.ABREL1395.750.0015589.920.18-34.59-27.73188.8530.95-4.54-30.02
10.SOBHA1274.4059.1013630.200.4750.85273.371278.1550.036.966.07
11.SIGNATURE785.7510.5911054.400.00-16.53-148.00551.99-36.245.56-8.10
12.ARKADE127.700.002370.920.0019.08-33.65146.97-7.8330.6818.91
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023
62
52
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
10
Tax %
29.41%
Net Profit
0
0
Equity Capital
2
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
2
Reserves
0
Promoter Pledge %
0.00%
Sep 2023
211
146
Operating Profit
OPM %
Other Income
0
Interest
1
Depreciation
0
64
Tax %
25.27%
Net Profit
0
3
Equity Capital
152
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
152
Reserves
0
Promoter Pledge %
0.00%
Dec 2023
239
173
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
66
Tax %
26.80%
Net Profit
0
3
Equity Capital
152
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
152
Reserves
0
Promoter Pledge %
0.00%
Mar 2024
123
96
Operating Profit
OPM %
Other Income
0
Interest
2
Depreciation
1
25
Tax %
22.50%
Net Profit
0
1
Equity Capital
152
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
152
Reserves
0
Promoter Pledge %
0.00%
Jun 2024
125
83
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
1
41
Tax %
26.18%
Net Profit
30
2
Equity Capital
152
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
152
Reserves
0
Promoter Pledge %
0.00%
Sep 2024
202
143
Operating Profit
OPM %
Other Income
2
Interest
1
Depreciation
1
59
Tax %
25.68%
Net Profit
43
3
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
225
164
Operating Profit
OPM %
Other Income
7
Interest
0
Depreciation
1
67
Tax %
24.85%
Net Profit
50
3
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
131
87
Operating Profit
OPM %
Other Income
3
Interest
0
Depreciation
1
46
Tax %
26.81%
Net Profit
33
2
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
159
125
Operating Profit
OPM %
Other Income
6
Interest
0
Depreciation
2
38
Tax %
24.95%
Net Profit
29
2
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
264
200
Operating Profit
OPM %
Other Income
1
Interest
0
Depreciation
3
62
Tax %
25.58%
Net Profit
46
2
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
197
143
Operating Profit
OPM %
Other Income
2
Interest
0
Depreciation
3
53
Tax %
24.46%
Net Profit
40
2
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
197
159
Operating Profit
OPM %
Other Income
2
Interest
0
Depreciation
3
-145
Tax %
24.57%
Net Profit
-110
-6
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
147
123
Operating Profit
OPM %
Other Income
2
Interest
0
Depreciation
3
26
Tax %
26.92%
Net Profit
19
0
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021
108
82
Operating Profit
31
OPM %
29
Other Income
5
Interest
1
Depreciation
0
29
Tax %
25
Net Profit
22
EPS
1
Dividend Payout %
0
Minority Interest
-1
Share of Associates
0
Adjusted EPS
1
Minority Interest
-1
Share of Associates
0
Adjusted EPS
1
Mar 2022
229
174
Operating Profit
63
OPM %
27
Other Income
8
Interest
4
Depreciation
0
66
Tax %
22
Net Profit
51
EPS
3
Dividend Payout %
0
Minority Interest
-0
Share of Associates
0
Adjusted EPS
3
Minority Interest
-0
Share of Associates
0
Adjusted EPS
3
Mar 2023
220
153
Operating Profit
71
OPM %
32
Other Income
4
Interest
8
Depreciation
0
67
Tax %
24
Net Profit
51
EPS
3
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Minority Interest
0
Share of Associates
0
Adjusted EPS
3
Mar 2024
635
467
Operating Profit
168
OPM %
27
Other Income
1
Interest
3
Depreciation
1
165
Tax %
26
Net Profit
123
EPS
8
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
8
Minority Interest
0
Share of Associates
0
Adjusted EPS
8
Mar 2025
683
477
Operating Profit
218
OPM %
32
Other Income
12
Interest
2
Depreciation
5
211
Tax %
26
Net Profit
157
EPS
8
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
8
Minority Interest
0
Share of Associates
0
Adjusted EPS
8
TTM
804
625
Operating Profit
OPM %
Other Income
8
Interest
1
Depreciation
11
-4
Tax %
-5
Net Profit
-4
EPS
Dividend Payout %
Minority Interest
0
Share of Associates
-0
Adjusted EPS
Minority Interest
0
Share of Associates
-0
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
5 Years:
3 Years:
44%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
3 Years:
46%

STOCK PRICE CAGR

10 Years:
5 Years:
3 Years:
1 Year:
-31%

RETURN ON EQUITY

10 Years:
5 Years:
33%
3 Years:
34%
Last Year:
26%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2025

Aug 1

₹ 0.10

Rs.1.0000 per share(10%)Interim Dividend

Mar 2021
Equity Capital
2
97
14
Trade Payables
22
214
Total Liabilities
350
0
114
204
0
Cash & Bank
12
20
Total Assets
350
Total Debt
14
Net Working Capital
83
Contingent Liabilities
20
Book Value per Share
495.70
Face Value
10.00
Total Debt
14
Net Working Capital
83
Contingent Liabilities
20
Book Value per Share
495.70
Face Value
10.00
Mar 2022
Equity Capital
2
147
63
Trade Payables
14
143
Total Liabilities
370
2
40
299
0
Cash & Bank
10
20
Total Assets
370
Total Debt
64
Net Working Capital
132
Contingent Liabilities
29
Book Value per Share
747.48
Face Value
10.00
Total Debt
64
Net Working Capital
132
Contingent Liabilities
29
Book Value per Share
747.48
Face Value
10.00
Mar 2023
Equity Capital
2
198
70
Trade Payables
24
261
Total Liabilities
555
2
17
501
0
Cash & Bank
18
18
Total Assets
555
Total Debt
149
Net Working Capital
253
Contingent Liabilities
32
Book Value per Share
1001.59
Face Value
10.00
Total Debt
149
Net Working Capital
253
Contingent Liabilities
32
Book Value per Share
1001.59
Face Value
10.00
Mar 2024
Equity Capital
152
171
40
Trade Payables
38
173
Total Liabilities
574
14
18
488
8
Cash & Bank
25
22
Total Assets
574
Total Debt
69
Net Working Capital
318
Contingent Liabilities
56
Book Value per Share
21.28
Face Value
10.00
Total Debt
69
Net Working Capital
318
Contingent Liabilities
56
Book Value per Share
21.28
Face Value
10.00
Mar 2025
Equity Capital
186
698
38
Trade Payables
46
281
Total Liabilities
1,249
19
138
906
35
Cash & Bank
134
17
Total Assets
1,249
Total Debt
113
Net Working Capital
917
Contingent Liabilities
69
Book Value per Share
47.60
Face Value
10.00
Total Debt
113
Net Working Capital
917
Contingent Liabilities
69
Book Value per Share
47.60
Face Value
10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021
145
Cash from Investing
-98
Cash from Financing
-50
-3
Free Cash Flow
145
OCF / Net Profit
6.68
Cumulative 5-Year FCF
0
OCF / Net Profit
6.68
Cumulative 5-Year FCF
0
Mar 2022
-123
Cash from Investing
76
Cash from Financing
45
-2
Free Cash Flow
-124
OCF / Net Profit
-2.42
Cumulative 5-Year FCF
0
OCF / Net Profit
-2.42
Cumulative 5-Year FCF
0
Mar 2023
-99
Cash from Investing
29
Cash from Financing
84
14
Free Cash Flow
-99
OCF / Net Profit
-1.94
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.94
Cumulative 5-Year FCF
0
Mar 2024
101
Cash from Investing
-12
Cash from Financing
-83
6
Free Cash Flow
89
OCF / Net Profit
0.83
Cumulative 5-Year FCF
0
OCF / Net Profit
0.83
Cumulative 5-Year FCF
0
Mar 2025
-218
Cash from Investing
-229
Cash from Financing
445
-1
Free Cash Flow
-227
OCF / Net Profit
-1.39
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.39
Cumulative 5-Year FCF
0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021
EPS (₹)
105.95
Book Value (₹)
495.70
Dividend per Share (₹)
0.00
Cash EPS (₹)
1.44
Operating Margin %
28.73%
Net Margin %
20.06%
ROE %
21.91%
ROCE %
26.94%
6.21%
Debtor Days
43
Inventory Days
688
Payable Days
123
608
Debt to Equity (x)
0.14x
Interest Coverage (x)
23.42x
1.33x
Revenue Growth %
0.00%
Operating Profit Growth %
0.00%
Net Profit Growth %
0.00%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2022
EPS (₹)
252.37
Book Value (₹)
747.48
Dividend per Share (₹)
0.00
Cash EPS (₹)
3.35
Operating Margin %
27.38%
Net Margin %
22.21%
ROE %
40.90%
ROCE %
42.79%
14.14%
Debtor Days
14
Inventory Days
401
Payable Days
44
372
Debt to Equity (x)
0.43x
Interest Coverage (x)
16.15x
1.60x
Revenue Growth %
111.45%
Operating Profit Growth %
101.51%
Net Profit Growth %
134.11%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
253.91
Book Value (₹)
1001.59
Dividend per Share (₹)
0.00
Cash EPS (₹)
3.36
Operating Margin %
32.15%
Net Margin %
23.06%
ROE %
29.02%
ROCE %
26.52%
10.98%
Debtor Days
7
Inventory Days
663
Payable Days
59
611
Debt to Equity (x)
0.74x
Interest Coverage (x)
9.45x
1.92x
Revenue Growth %
-3.84%
Operating Profit Growth %
12.89%
Net Profit Growth %
-0.15%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
8.09
Book Value (₹)
21.28
Dividend per Share (₹)
0.00
Cash EPS (₹)
8.16
Operating Margin %
26.38%
Net Margin %
19.36%
ROE %
46.94%
ROCE %
45.34%
21.76%
Debtor Days
3
Inventory Days
284
Payable Days
28
259
Debt to Equity (x)
0.21x
Interest Coverage (x)
53.80x
2.45x
Revenue Growth %
188.32%
Operating Profit Growth %
137.96%
Net Profit Growth %
142.12%
-96.81%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
1.17x
Mar 2025
EPS (₹)
8.45
Book Value (₹)
47.60
Dividend per Share (₹)
0.00
Cash EPS (₹)
8.72
Operating Margin %
30.17%
Net Margin %
22.97%
ROE %
26.00%
ROCE %
30.68%
17.21%
Debtor Days
11
Inventory Days
372
Payable Days
40
344
Debt to Equity (x)
0.13x
Interest Coverage (x)
121.56x
4.17x
Revenue Growth %
7.62%
Operating Profit Growth %
29.20%
Net Profit Growth %
27.67%
4.50%
P/E (x)
17.88x
P/B (x)
3.17x
Dividend Yield %
0.00%
12.80x

Shareholding Pattern

Numbers in percentages

TRADES
Sep 2024
70.82
4.29
0.27
Government
0.00
24.62
Dec 2024
70.82
1.25
0.16
Government
0.00
27.77
Mar 2025
71.09
0.47
0.14
Government
0.00
28.30
Jun 2025
71.09
1.23
0.05
Government
0.00
27.64
Sep 2025
71.14
0.24
0.04
Government
0.00
28.59
Dec 2025
71.14
0.20
0.07
Government
0.00
28.59
Mar 2026
71.19
0.23
0.09
Government
0.00
28.49
Jun 2026
71.19
0.13
0.08
Government
0.00
28.59

Documents

Announcements

Annual Reports

Credit Ratings

Nothing filed yet.

Concalls