Arkade Developers Ltd Share Price – NSE  / BSE

Realty, Small Cap

Net loss of Arkade Developers reported to Rs 109.45 crore in the quarter ended March 2026 as against net profit of Rs 33.26 crore during the previous quarter ended March 2025. Sales rose 49.55% to Rs 196.58 crore in the quarter ended March 2026 as against Rs 131.45 crore during the previous quarter ended March 2025.

For the full year,net profit declined 96.57% to Rs 5.38 crore in the year ended March 2026 as against Rs 156.93 crore during the previous year ended March 2025. Sales rose 19.51% to Rs 816.40 crore in the year ended March 2026 as against Rs 683.10 crore during the previous year ended March 2025.

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The upcoming development, which will feature premium residences, is located in the upscale neighbourhood of Ashok Nagar, Kandivali East. Spread across over an area of approximately 3 acres, the development has a projected gross development value (GDV) of Rs 1,100 crore.

Kandivali East has rapidly emerged as one of Mumbai?s prominent residential destinations, driven by connectivity via Western Express Highway, suburban rail, and the operational Metro Line 2A. The area also hosts social infrastructure with reputed schools, hospitals, and malls, along with proximity to key commercial hubs in BKC, Malad, Goregaon, and Andheri.

Amit Jain, chairman and managing director of Arkade Developers, said: ?With this new project in Kandivali East, we are delivering a lifestyle experience that reflects our commitment to thoughtful design, sustainability, and community-centric development.

This redevelopment rights also reinforces our growth momentum as we continue expanding our footprint across MMR.?

Arkade Developers is a leading luxury real estate developer in Mumbai. The company has developed over 5.5 million square feet of property, with an additional two-plus million square feet currently under construction.

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Arkade Developers will hold a meeting of the Board of Directors of the Company on 27 May 2026.

The project marks the company?s eighth residential development in the micro-market, further strengthening its presence in the western suburbs of Mumbai. Strategically located in Goregaon West, the development spans 1.09 acres and benefits from strong connectivity, including proximity to the Arkade Bangur Nagar metro station, a key driver of residential demand in the region.

Positioned in the premium 2- and 3-BHK segment, Arkade Evoke reflects the developer?s focus on well-connected, lifestyle-orientated housing for urban homebuyers. The project features thoughtfully designed residences with balconies, particularly in 3 BHK units, along with private outdoor spaces, surface parking, and layouts that enhance cross ventilation.

The company said these design elements cater to the growing demand for improved liveability, openness, and modern amenities in Mumbai?s premium housing segment.

Amit Jain, CMD, Arkade developers, said, ?The response has been overwhelming, even in these challenging market conditions. Customers have clearly understood the brand and product value, marking the launch of Arkade Evoke as a grand success in this micromarket. This project further reflects our strategy of strengthening our presence in well-established residential micro-markets, where connectivity, infrastructure, and sustained end-user demand converge. Our focus remains on delivering thoughtfully designed homes that align with evolving urban lifestyles.?

Arkade Developers is a real estate development company concentrating on the development of premium aspirational lifestyle residential premises in Mumbai, Maharashtra, India?s commercial capital. The company is engaged in the development of new projects (development/construction of residential premises on land acquired by the company) and redevelopment of existing premises.

The company's consolidated net profit tumbled 19.54% to Rs 40.30 crore in Q3 FY26 as against Rs 45.81 crore posted in Q3 FY25. Revenue from operations fell 12.42% year-on-year to Rs 196.73 crore in the quarter ended 31 December 2025.

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