Arvind SmartSpaces Ltd Share Price – NSE  / BSE

Realty, Small Cap

The said project has top line potential of Rs 400 crore. The project has acquired on an outright basis. The area offers quick access to business hubs like Navratna Business Park and Pinnacle Business Park, as well as popular hotspots such as the IIM Ahmedabad, Vastrapur Lake Garden and Nexus Ahmedabad One Mall, making it a highly desirable location for residential development.

Priyansh Kapoor, CEO and whole time director, Arvind SmartSpaces said: ?Our diversification initiatives addressing both horizontal and vertical developments across our core geographies are progressing well. We are delighted to announce a premium residential apartments project after over a decade in West Ahmedabad. Vastrapur is one of Ahmedabad?s most promising micro-markets for premium residential apartments, and this acquisition will expand the company's presence in West Ahmedabad.

The optimism in the premium residential market remains strong and we look forward to adding new projects across Gujarat, Bengaluru and MMR during the remainder of the year.?

Arvind SmartSpaces (ASSL) is the real estate arm of Lalbhai group (flagship company - Arvind). ASSL is primarily focused on the development of residential projects. It also undertakes commercial and industrial projects on a selective basis.

The company?s consolidated net profit fell 65.2% to Rs 14.18 crore on 47.1% decline in net sales to Rs 140.51 crore in Q2 FY26 over Q2 FY25.

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The said project has top line potential of Rs 400 crore. The project has acquired on an outright basis. The area offers quick access to business hubs like Navratna Business Park and Pinnacle Business Park, as well as popular hotspots such as the IIM Ahmedabad, Vastrapur Lake Garden and Nexus Ahmedabad One Mall, making it a highly desirable location for residential development.

Priyansh Kapoor, CEO and whole time director, Arvind SmartSpaces said: ?Our diversification initiatives addressing both horizontal and vertical developments across our core geographies are progressing well. We are delighted to announce a premium residential apartments project after over a decade in West Ahmedabad. Vastrapur is one of Ahmedabad?s most promising micro-markets for premium residential apartments, and this acquisition will expand the company's presence in West Ahmedabad.

The optimism in the premium residential market remains strong and we look forward to adding new projects across Gujarat, Bengaluru and MMR during the remainder of the year.?

Arvind SmartSpaces (ASSL) is the real estate arm of Lalbhai group (flagship company - Arvind). ASSL is primarily focused on the development of residential projects. It also undertakes commercial and industrial projects on a selective basis.

The company?s consolidated net profit fell 65.2% to Rs 14.18 crore on 47.1% decline in net sales to Rs 140.51 crore in Q2 FY26 over Q2 FY25.

The counter added 2.90% to end at Rs 592.95 on the BSE.

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Net profit of Arvind SmartSpaces declined 65.15% to Rs 14.18 crore in the quarter ended September 2025 as against Rs 40.69 crore during the previous quarter ended September 2024. Sales declined 47.09% to Rs 140.51 crore in the quarter ended September 2025 as against Rs 265.58 crore during the previous quarter ended September 2024.

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Arvind SmartSpaces announced its entry into the Vadodara residential market with a large-scale horizontal development project. This is a Joint Development project with a top-line potential upwards of Rs. 700 crore.

Strategically located in Ajwa road micro market, the project offers a rare opportunity to experience luxury living amidst nature, while staying seamlessly connected to the city. The project will integrate smart design and future ready amenities to redefine urban living in Vadodara.

Commenting on this development, Priyansh Kapoor, CEO and Whole Time Director, Arvind SmartSpaces said, ?We are delighted to expand into a new city and enter the vibrant and emerging residential market of Vadodara. This marks ASL's 23rd project in Gujarat and aligns with our strategy to expand into high-potential markets and strengthen our presence in the state.

The optimism in the real estate market remains strong and we look forward to adding new projects across Gujarat, Bengaluru and MMR during the remainder of the year.?

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