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/E0.0
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 34.9%
  • Company has a good return on equity (ROE) track record: 3 Years ROE 34.9%
  • 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 103.4% versus prior year
  • Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.63x)
  • 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

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023
62
52
Operating Profit
OPM %
Other Income
0
Interest
0
Depreciation
0
9
Tax %
30.22%
Net Profit
7
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 %
25.16%
Net Profit
48
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
1
Interest
0
Depreciation
0
67
Tax %
26.54%
Net Profit
49
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
1
Interest
2
Depreciation
1
25
Tax %
22.20%
Net Profit
20
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 %
26.09%
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
58
Tax %
25.74%
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
45
Tax %
26.86%
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 %
24.74%
Net Profit
29
2
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
262
200
Operating Profit
OPM %
Other Income
1
Interest
0
Depreciation
3
60
Tax %
25.62%
Net Profit
45
2
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
196
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
199
159
Operating Profit
OPM %
Other Income
2
Interest
0
Depreciation
3
-144
Tax %
24.62%
Net Profit
-108
-6
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
147
122
Operating Profit
OPM %
Other Income
2
Interest
0
Depreciation
3
26
Tax %
26.78%
Net Profit
19
0
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
186
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022
226
174
Operating Profit
65
OPM %
29
Other Income
12
Interest
2
Depreciation
0
62
Tax %
22
Net Profit
49
EPS
243
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
80
OPM %
37
Other Income
13
Interest
8
Depreciation
0
72
Tax %
24
Net Profit
55
EPS
4
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Minority Interest
0
Share of Associates
0
Adjusted EPS
4
Mar 2024
635
467
Operating Profit
169
OPM %
27
Other Income
2
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
624
Operating Profit
OPM %
Other Income
8
Interest
1
Depreciation
11
-4
Tax %
-1
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:
45%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
3 Years:
48%

STOCK PRICE CAGR

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

RETURN ON EQUITY

10 Years:
5 Years:
3 Years:
35%
Last Year:
26%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Corporate actions

2025

Aug 1

₹ 0.10

Rs.1.0000 per share(10%)Interim Dividend

Mar 2022
Equity Capital
2
143
62
Trade Payables
10
149
Total Liabilities
366
2
40
299
0
Cash & Bank
6
19
Total Assets
366
Total Debt
63
Net Working Capital
125
Contingent Liabilities
29
Book Value per Share
726.58
Face Value
10.00
Total Debt
63
Net Working Capital
125
Contingent Liabilities
29
Book Value per Share
726.58
Face Value
10.00
Mar 2023
Equity Capital
2
198
70
Trade Payables
24
261
Total Liabilities
554
2
17
501
0
Cash & Bank
17
17
Total Assets
554
Total Debt
149
Net Working Capital
253
Contingent Liabilities
32
Book Value per Share
1001.06
Face Value
10.00
Total Debt
149
Net Working Capital
253
Contingent Liabilities
32
Book Value per Share
1001.06
Face Value
10.00
Mar 2024
Equity Capital
152
171
40
Trade Payables
38
172
Total Liabilities
574
14
18
488
8
Cash & Bank
25
21
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
139
906
35
Cash & Bank
134
16
Total Assets
1,249
Total Debt
113
Net Working Capital
916
Contingent Liabilities
56
Book Value per Share
47.60
Face Value
10.00
Total Debt
113
Net Working Capital
916
Contingent Liabilities
56
Book Value per Share
47.60
Face Value
10.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022
-133
Cash from Investing
82
Cash from Financing
48
-2
Free Cash Flow
-133
OCF / Net Profit
-2.73
Cumulative 5-Year FCF
0
OCF / Net Profit
-2.73
Cumulative 5-Year FCF
0
Mar 2023
-97
Cash from Investing
26
Cash from Financing
85
14
Free Cash Flow
-98
OCF / Net Profit
-1.77
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.77
Cumulative 5-Year FCF
0
Mar 2024
102
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
-217
Cash from Investing
-229
Cash from Financing
445
-1
Free Cash Flow
-227
OCF / Net Profit
-1.38
Cumulative 5-Year FCF
0
OCF / Net Profit
-1.38
Cumulative 5-Year FCF
0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022
EPS (₹)
242.90
Book Value (₹)
726.58
Dividend per Share (₹)
0.00
Cash EPS (₹)
3.20
Operating Margin %
28.73%
Net Margin %
21.46%
ROE %
33.43%
ROCE %
31.18%
13.28%
Debtor Days
8
Inventory Days
482
Payable Days
25
466
Debt to Equity (x)
0.43x
Interest Coverage (x)
26.23x
1.57x
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 2023
EPS (₹)
274.29
Book Value (₹)
1001.06
Dividend per Share (₹)
0.00
Cash EPS (₹)
3.63
Operating Margin %
36.54%
Net Margin %
24.92%
ROE %
31.75%
ROCE %
28.76%
11.92%
Debtor Days
7
Inventory Days
663
Payable Days
54
616
Debt to Equity (x)
0.74x
Interest Coverage (x)
10.27x
1.92x
Revenue Growth %
-2.74%
Operating Profit Growth %
23.72%
Net Profit Growth %
12.92%
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 %
26.40%
Net Margin %
19.37%
ROE %
46.96%
ROCE %
45.35%
21.79%
Debtor Days
3
Inventory Days
284
Payable Days
28
259
Debt to Equity (x)
0.21x
Interest Coverage (x)
53.81x
2.45x
Revenue Growth %
188.32%
Operating Profit Growth %
110.57%
Net Profit Growth %
124.12%
-97.05%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
1.16x
Mar 2025
EPS (₹)
8.45
Book Value (₹)
47.60
Dividend per Share (₹)
0.00
Cash EPS (₹)
8.72
Operating Margin %
30.18%
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 %
28.73%
Net Profit Growth %
27.64%
4.50%
P/E (x)
17.88x
P/B (x)
3.17x
Dividend Yield %
0.00%
12.77x

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

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