Arvind SmartSpaces Ltd
ARVSMARTArvind SmartSpaces Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.
The sharpest disagreement: profits are rising, but only −82% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is building a base (8 weeks in) while the P/E sits at the 61st percentile of its own 10-year range. Underneath, the last four quarters read improving — profit +100.0% year on year, and −82% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Arvind SmartSpaces Ltd trades at ₹602, building a base and 8 weeks into that stage. That is +0.4% against its own 200-day average. It sits at 64% of a 52-week range of ₹508 to ₹655. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (1 week and counting).
Today the stock is building a base — week 8 of stage 1, confirmed. At ₹602 it trades +0.4% versus its 200-day average and sits at 64% of its 52-week range (₹508–₹655).
Against the market, two honest reads. Cumulative: over the last 10.3 years the stock moved +669% while the NIFTY 500 moved +274% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (1 week and counting; last ahead the week of 2026-07-10) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 61st percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Arvind SmartSpaces Ltd trades at 29.0× P/E, mid-range by its own standards (61st percentile). Its long-run median P/E is 23.2×, measured across 10.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 29.0× is mid-range by its own standards (61st percentile), against a long-run median of 23.2× measured over 10.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved −13.3% against a −10.1% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 5y, of the +35.8%/yr price move, ~+53.7%/yr came from earnings growth and ~−17.9 pp from the multiple (compressing); over 10y, of the +21.0%/yr price move, ~+12.2%/yr came from earnings growth and ~+8.8 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.
The PEG ratio and its quarterly curve, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 32% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Arvind SmartSpaces Ltd reads as mixed on its fundamental arc. Mixed — profit growth is rising at +100.0% (single-quarter readings) while revenue growth is falling at −4.9% (single-quarter readings) — the curves disagree, so the per-curve reads carry the story. The read is built from 10 quarters across 3 curves, on partial evidence.
Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | −20.9% | +30.1% | +30.5% | +17.2% |
| Profit | −13.4% | +54.4% | +62.8% | +19.7% |
| EPS | −13.3% | +55.0% | +53.6% | +12.2% |
| Share price | −10.1% | +20.4% | +35.8% | +21.0% |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
47.5/100 — rank 16 of 26 in Realty - Construction & Contracting · 79% evidence confidence
Arvind SmartSpaces Ltd scores 47.5 out of 100 against the 26 companies it is compared with in Realty - Construction & Contracting, ranking 16. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 13.3 + 14.4 + 9.1 + 10.7 = 47.5. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Arvind SmartSpaces Ltd reported ₹155 Cr of revenue in the Mar 26 quarter, −4.9% year on year. Over 10 years it has compounded at 17.2% a year. The last full year, FY26, came in at ₹564 Cr. The last four reported quarters add to ₹564 Cr.
Arvind SmartSpaces Ltd reported ₹155 Cr of revenue in the Mar 26 quarter, −4.9% year on year. Over 10 years it has compounded at 17.2% a year. The last full year, FY26, came in at ₹564 Cr. The last four reported quarters add to ₹564 Cr.
FY26 revenue came in at ₹564 Cr (−20.9% on the year), capping 10 years at 17.2% compound. The latest quarter (Mar 26) printed ₹155 Cr, −4.9% year on year.
Pace check: the last four quarters averaged −8.8% growth against the decade's 17.2% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew −20.9% over the last 4 quarters against +28.6%/yr over the last 8 — rolling over; TTM profit −14.2% vs +40.7%/yr — rolling over.
→ Revenue slipped — did margins hold as it scaled? Next: 38.0% this quarter (+17.0 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Arvind SmartSpaces Ltd's operating margin is 38.0% in the Mar 26 quarter, +17.0 percentage points against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged 19.0% to 33.0%. The current quarter is running above every full year in that window.
Arvind SmartSpaces Ltd's operating margin is 38.0% in the Mar 26 quarter, +17.0 percentage points against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged 19.0% to 33.0%. The current quarter is running above every full year in that window.
The latest quarter's operating margin is 38.0%, +17.0 pp against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged 19.0%–33.0%.
Why the margin moved: operating margin went +17.6 pp year on year while gross margin went +11.4 pp — the gain came mostly from the gross line: input costs and pricing.
→ Margins held — did that reach the bottom line? Next: profit +100.0% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Arvind SmartSpaces Ltd earned ₹44.0 Cr of net profit in the Mar 26 quarter, +100.0% year on year. Full-year FY26 profit was ₹103 Cr. The 10-year compound rate is 19.7%. That is 28.4% of the quarter's revenue. The same quarter a year earlier earned ₹22.0 Cr.
Arvind SmartSpaces Ltd earned ₹44.0 Cr of net profit in the Mar 26 quarter, +100.0% year on year. Full-year FY26 profit was ₹103 Cr. The 10-year compound rate is 19.7%. That is 28.4% of the quarter's revenue. The same quarter a year earlier earned ₹22.0 Cr.
Mar 26 profit was ₹44.0 Cr, +100.0% year on year. On the full year, FY26 printed ₹103 Cr (−13.4%), and the 10-year compound rate is 19.7%.
Why profit moved: revenue contributed −4.9% and the margin +17.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +35.0% vs revenue −8.8%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
→ Profit rose — but did the cash follow? Next: −82% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years −82% of Arvind SmartSpaces Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹−170 Cr of operating cash against ₹103 Cr of profit. After ₹45.0 Cr of capital spending, ₹−215 Cr was left as free cash.
FY26: operating cash of ₹−170 Cr against reported profit of ₹103 Cr, leaving free cash of ₹−215 Cr after ₹45.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −82% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at −82%: the cash cycle stretched 3,794 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: conversion is below par and the cash cycle has stretched 3,794 days — the next section's job is to find where the cash is stuck.
→ So follow the cash to where it goes. Next: the 3,800-day cycle, in money terms.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Arvind SmartSpaces Ltd's cash conversion cycle runs 3,800 days in FY26, up from 6 days in FY21. Capital spending ran ₹74.0 Cr over the last 3 years. At FY26 sales of ₹564 Cr each day of that cycle holds about ₹1.5 Cr, so roughly ₹5,872 Cr sits inside the business at any moment.
FY26: debtors at 10 days, inventory at 4,169 days — roughly 137.1 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 3,800 days, looser than FY21's 6.
The full loop: cash goes out to suppliers and production on day 0; stock waits 4,169 days to sell; customers pay about 10 days after that; and suppliers themselves are paid at 379 days — netting out to the 3,800-day cycle.
In money terms: at FY26 sales of ₹564 Cr, each day of the cycle holds about ₹1.5 Cr — so the 3,800-day loop keeps roughly ₹5,872 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹74.0 Cr over the last 3 fiscal years against ₹15.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹62.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 13%.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Arvind SmartSpaces Ltd earns a ROCE of 13% in FY26. That is up from a trough of 8% in FY21. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 18.3% net margin on 0.16× asset turns.
FY26 ROCE is 13%, recovered from a FY21 trough of 8% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 18.3% net margin × 0.16× asset turns × 5.54× balance-sheet leverage ≈ 16.2% on equity. Margin is doing the heavy lifting; leverage is a meaningful part of the equation.
The quarterly return curves and the return-on-invested-capital overlay, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 32% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.90.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
Arvind SmartSpaces Ltd carries ₹583 Cr of borrowings against ₹649 Cr of equity in FY26, a debt-to-equity of 0.90. Operating profit covers the interest bill 5×. Over 5 years borrowings went from ₹189 Cr to ₹583 Cr. Capital spending ran ₹74.0 Cr across the last 3 of those years.
FY26: borrowings of ₹583 Cr against equity of ₹649 Cr — a debt-to-equity of 0.90. Operating profit covers the interest bill 5×. Over 5 years borrowings went from ₹189 Cr to ₹583 Cr while capital spending ran ₹74.0 Cr in just the last 3 — part of the build-out is riding on borrowed money.
The total-debt and debt-to-equity series, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 32% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
→ Who owns this, and are they adding or leaving? Next: Promoters added 3.4 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Promoters added 3.4 points of Arvind SmartSpaces Ltd over 8 quarters, the biggest move on the register. That takes promoters to 53.8% of the company. Domestic institutions moved −3.3 points over the same window, to 9.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: +3.4 points over 8 quarters to 53.8%; Domestic institutions: −3.3 points over 8 quarters to 9.0%; Foreign institutions: −1.1 points over 8 quarters to 0.7%.
Why the register moved: promoters drove it (+3.4 points), absorbed on the other side by domestic institutions (−3.3 points) — steady accumulation by institutions reading the same numbers this page reads.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Arvind SmartSpaces Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Arvind SmartSpaces Ltd this page | 29.0× | ₹2,792 Cr | Mixed | |||
| SignatureGlobal India Ltd | 301.0× | ₹10,810 Cr | No read | |||
| Ganesh Housing Ltd | 25.1× | ₹6,666 Cr | Deteriorating | |||
| Valor Estate Ltd | — | ₹6,102 Cr | No read | |||
| Puravankara Ltd | 79.4× | ₹5,060 Cr | No read | |||
| Keystone Realtors Ltd | 64.0× | ₹5,046 Cr | Turning around | |||
| Sunteck Realty Ltd | 21.1× | ₹4,497 Cr | No read | |||
| Raymond Ltd | 0.7× | ₹3,917 Cr | Mixed | |||
| AGI Infra Ltd | 41.1× | ₹3,897 Cr | Consistent | |||
| Ashiana Housing Ltd | 33.0× | ₹3,887 Cr | Mixed | |||
| Hemisphere Properties India Ltd | — | ₹3,801 Cr | No read | |||
| Kesar India Ltd | 126.0× | ₹3,775 Cr | No read | |||
| Kolte Patil Developers Ltd | — | ₹3,470 Cr | No read | |||
| Hubtown Ltd | 18.7× | ₹2,771 Cr | Improving | |||
| Ajmera Realty & Infra India Ltd | 16.1× | ₹2,412 Cr | Turning around | |||
| Capacite Infraprojects Ltd | 9.5× | ₹1,800 Cr | Mixed | |||
| Omaxe Ltd | — | ₹1,603 Cr | No read | |||
| Shriram Properties Ltd | 14.4× | ₹1,451 Cr | Turning around | |||
| Laxmi Goldorna House Ltd | 86.9× | ₹1,021 Cr | — | — | — | — |
| Arihant Foundations & Housing Ltd | 17.3× | ₹1,018 Cr | Mixed | |||
| Suraj Estate Developers Ltd | 10.2× | ₹925 Cr | Topping out | |||
| Eldeco Housing & Industries Ltd | 31.5× | ₹765 Cr | Turning around | |||
| PVP Ventures Ltd | — | ₹711 Cr | No read | |||
| Geecee Ventures Ltd | 16.6× | ₹699 Cr | Mixed | |||
| Peninsula Land Ltd | — | ₹534 Cr | No read | |||
| Suratwwala Business Group Ltd | 16.8× | ₹524 Cr | Turning around |
Frequently asked questions
What is Arvind SmartSpaces Ltd's share price today?
Arvind SmartSpaces Ltd trades at ₹602, −10.1% over the past year. The company is valued at ₹2,792 Cr. The stock sits at 64% of its 52-week range of ₹508–₹655, +0.4% versus its 200-day average. On the tape, the price is building a base, 8 weeks in. — as of 24 July 2026.
What were Arvind SmartSpaces Ltd's latest quarterly results?
Arvind SmartSpaces Ltd reported revenue of ₹155 Cr and net profit of ₹44.0 Cr for the Mar 26 quarter. Revenue fell 4.9% and profit rose 100.0% year on year. Earnings per share were ₹9.23. The operating margin was 38.0%, 17.0 pp higher than a year earlier. — as of 24 July 2026.
What is Arvind SmartSpaces Ltd's revenue?
Arvind SmartSpaces Ltd reported revenue of ₹155 Cr in the Mar 26 quarter, −4.9% year on year. For the full FY26 fiscal year, revenue was ₹564 Cr (−20.9%). Over the last 10 years revenue compounded at 17.2% a year. — as of 24 July 2026.
What is Arvind SmartSpaces Ltd's profit?
Arvind SmartSpaces Ltd earned ₹44.0 Cr of net profit in the Mar 26 quarter, +100.0% year on year. Full-year FY26 profit was ₹103 Cr. The operating margin ran 38.0% in the latest quarter. — as of 24 July 2026.
What is Arvind SmartSpaces Ltd's market cap?
Arvind SmartSpaces Ltd's market capitalisation is ₹2,792 Cr at a share price of ₹602. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Arvind SmartSpaces Ltd's P/E ratio?
Arvind SmartSpaces Ltd trades at a P/E of 29.0×, at the 61st percentile of its own 10-year range, against a long-run median of 23.2×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Arvind SmartSpaces Ltd pay a dividend?
Yes — Arvind SmartSpaces Ltd's dividend payout was 11% of profit in FY26, and it recorded a payout in 5 of its last 12 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.
Is Arvind SmartSpaces Ltd overvalued?
On its own history, Arvind SmartSpaces Ltd looks mid-range against its own history: its P/E of 29.0× sits at the 61st percentile of its 10-year range (long-run median 23.2×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
Is Arvind SmartSpaces Ltd growing?
Yes — Arvind SmartSpaces Ltd is growing: latest-quarter revenue −4.9% year on year, profit +100.0%, and the margin +17.0 pp at 38.0%. The 10-year compound rates are 17.2% (revenue) and 19.7% (profit). The earnings engine currently reads: improving — as of 24 July 2026.
How is Arvind SmartSpaces Ltd performing?
Arvind SmartSpaces Ltd is building a base, 8 weeks in. Its latest quarter's revenue fell 4.9% and profit rose 100.0% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 1 week. This describes what the data did, not a rating. — as of 24 July 2026.
What stage is Arvind SmartSpaces Ltd in?
Mixed — profit growth is rising at +100.0% (single-quarter readings) while revenue growth is falling at −4.9% (single-quarter readings) — the curves disagree, so the per-curve reads carry the story. The read comes from the last 12 quarters of growth (revenue growth −4.9% latest, profit growth +100.0% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.
Is Arvind SmartSpaces Ltd in an uptrend?
No — the price is building a base (week 8 of stage 1), trading +0.4% versus its 200-day average and at 64% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Arvind SmartSpaces Ltd beating the market?
Not lately — on a trailing-13-week view Arvind SmartSpaces Ltd is currently behind the NIFTY 500 (1 week and counting; last ahead the week of 2026-07-10), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.3 years the stock moved +669% against the NIFTY 500's +274% — ahead of the index over the full window. — as of 24 July 2026.
Will Arvind SmartSpaces Ltd's share price go up?
This page publishes no price forecast for Arvind SmartSpaces Ltd. What it measures instead: the share price is ₹602, the price is building a base 8 weeks in. Its P/E of 29.0× sits at the 61st percentile of its own 10-year range. — as of 24 July 2026.
Who owns Arvind SmartSpaces Ltd?
Promoters hold 53.8% of Arvind SmartSpaces Ltd, foreign institutions 0.7%, domestic institutions 9.0% and the public 36.5% (latest quarter). The biggest move on the register over the last two years: Promoters added 3.4 points over 8 quarters. — as of 24 July 2026.
Does Arvind SmartSpaces Ltd have too much debt?
It is moderate — Arvind SmartSpaces Ltd's debt-to-equity is 0.90, and operating profit covers the interest bill 5×. FY26 borrowings were ₹583 Cr against equity of ₹649 Cr. Read the returns on this page with that leverage in mind — as of 24 July 2026.
What is Arvind SmartSpaces Ltd's capex?
Arvind SmartSpaces Ltd spent ₹74.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹45.0 Cr, with ₹62.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Arvind SmartSpaces Ltd's cash flow?
Arvind SmartSpaces Ltd generated ₹−170 Cr of operating cash flow in FY26 and ₹−215 Cr of free cash flow after ₹45.0 Cr of capital spending. Reported profit that year was ₹103 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Arvind SmartSpaces Ltd's profit real cash?
Not fully — over the last 3 fiscal years, −82% of Arvind SmartSpaces Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹−170 Cr against reported profit of ₹103 Cr. The cash then goes mostly into the working-capital cycle. Cash-flow resolution is annual — as of 24 July 2026.
Where is Arvind SmartSpaces Ltd in its business cycle?
Arvind SmartSpaces Ltd's FY26 operating margin was 27.0%, against a 12-year band of 19.0%–33.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 38.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Arvind SmartSpaces Ltd story?
The sharpest disagreement: profits are rising, but only −82% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Arvind SmartSpaces Ltd a stock worth studying right now?
This is not investment advice. The machine read: Arvind SmartSpaces Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.