1. Opening Hook
Mumbai folks already have Andheri cha Raja, but Arkade just crowned itself Bangur Nagar cha Raja — literally. The company bought naming rights for the metro station, proving it’s not just building projects, it’s branding neighbourhoods now.
Amit Jain’s tone this quarter? Calmly confident, like a builder who knows his pre-sales better than his architect’s deadlines.
No new launches this year — yet — but Rs.1,000 crore Bhandup land parcel, record revenue growth, and a project pipeline bigger than most developers’ dreams make this call… spicy. And if you think Mumbai’s real estate is saturated, Arkade just bought the station to prove you wrong. 😎
2. At a Glance
- Revenue ₹265 Cr (+30% YoY) – Cash registers jingling louder than Diwali sales.
- EBITDA ₹63 Cr (+8% YoY) – Margins holding up like a premium 3BHK in Goregaon.
- PAT ₹46 Cr (+6% YoY) – Not flashy, but steady — like Jain family discipline.
- EBITDA Margin 24% (vs 21.5%) – Developers wish concrete mixed this smoothly.
- Pre-sales ₹331 Cr – Demand still hotter than Navi Mumbai land prices.
- Area Sold 1.1 lakh sq ft (+4% YoY) – Each square foot more profitable than last year.
- Debt ↑₹50 Cr only after ₹550 Cr land buys – Financial discipline tighter than a carpet fitout.
3. Management’s Key Commentary
“We secured branding rights for Bangur Nagar Metro Station — now known as Arkade Bangur Nagar.”
(Translation: Why stop at billboards when you can own the whole station? 🚇)
“Acquired 100% of Woolen & Textile Industries, Bhandup — ₹148 Cr deal with ₹1,000 Cr GDV.”
(Read: We literally turned old sweaters into real estate gold.)
“Four ready projects – Aspire, Crown, Prime, Aura – completely sold out.”
(Proof: Mumbai buyers still love a builder who
