Arvind SmartSpaces Ltd
ARVSMARTArvind SmartSpaces Ltd is coiled. The quarters are improving, yet the P/E sits at the 31st percentile of its own 11-year range — the business is moving before the market.
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 in a confirmed uptrend (5 weeks in) while the P/E sits at the 31st percentile of its own 11-year range. Underneath, the last four quarters read improving — profit +708.3% 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 ₹598, in a confirmed uptrend and 5 weeks into that stage. That is −2.2% against its own 200-day average. It sits at 57% of a 52-week range of ₹508 to ₹667. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (1 week and counting).
Today the stock is in a confirmed uptrend — week 5 of stage 2, confirmed. At ₹598 it trades −2.2% versus its 200-day average and sits at 57% of its 52-week range (₹508–₹667).
Against the market, two honest reads. Cumulative: over the last 10.5 years the stock moved +664% while the NIFTY 500 moved +267% — 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 2026-09-04) — 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.
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 14.9× P/E, near the bottom of its own range — cheaper only 31% of the time. Its long-run median P/E is 22.9×, measured across 10.5 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 14.9× is near the bottom of its own range — cheaper only 31% of the time, against a long-run median of 22.9× measured over 10.5 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 −4.1% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 5y, of the +32.4%/yr price move, ~+54.7%/yr came from earnings growth and ~−22.3 pp from the multiple (compressing); over 10y, of the +21.9%/yr price move, ~+18.0%/yr came from earnings growth and ~+3.9 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 low 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.
What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.
Solved at its 13 June 2026 price, Arvind SmartSpaces Ltd was paying for profit growth of about 16.6% a year. Profit itself has compounded 19.7% a year over the past 10 years. Today the market pays 14.9× P/E, the 31st percentile of its own 11-year range.
What the two numbers say together. The multiple is low against its own past, and the growth the price is paying for is close to what this company has actually delivered.
How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.
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 — the growth curves are steadily positive, but ROCE at 12.0% is below the 15% bar this page requires to call it Consistent. The read is built from 8 quarters across 4 curves, on partial evidence.
Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.
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 | −4.1% | +19.9% | +32.4% | +21.9% |
4-Factor Sector Score
56.6/100 — rank 5 of 26 in Realty - Construction & Contracting · 82% evidence confidence
Arvind SmartSpaces Ltd scores 56.6 out of 100 against the 26 companies it is compared with in Realty - Construction & Contracting, ranking 5. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 20.1 + 16.3 + 10.1 + 10.1 = 56.6. 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 ₹318 Cr of revenue in the Jun 26 quarter, +211.8% 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 ₹780 Cr.
FY26 revenue came in at ₹564 Cr (−20.9% on the year), capping 10 years at 17.2% compound. The latest quarter (Jun 26) printed ₹318 Cr, +211.8% year on year.
Pace check: the last four quarters averaged +34.7% growth against the decade's 17.2% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +5.3% over the last 4 quarters against +49.7%/yr over the last 8 — rolling over; TTM profit +48.0% vs +97.9%/yr — rolling over.
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 49.0% in the Jun 26 quarter, +28.0 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 49.0%, +28.0 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 +28.1 pp year on year while gross margin went +16.7 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
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 ₹97.0 Cr of net profit in the Jun 26 quarter, +708.3% year on year. It is the 2nd consecutive quarter of growth. Full-year FY26 profit was ₹103 Cr. The 10-year compound rate is 19.7%. That is 30.5% of the quarter's revenue. The same quarter a year earlier earned ₹12.0 Cr.
Jun 26 profit was ₹97.0 Cr, +708.3% year on year — the 2nd consecutive quarter of growth. On the full year, FY26 printed ₹103 Cr (−13.4%), and the 10-year compound rate is 19.7%.
Why profit moved: revenue contributed +211.8% and the margin +28.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +177.0% vs revenue +34.7%. 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.
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 held roughly steady between FY21 and FY26 — so conversion tracks profitability rather than the cycle. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: the bigger cash user is investment — capital spending ran 4.9× depreciation over three years, so the next section's job is to check what that build-out is buying.
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 10 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 ₹15.0 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 10 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 10-day cycle.
In money terms: at FY26 sales of ₹564 Cr, each day of the cycle holds about ₹1.5 Cr — so the 10-day loop keeps roughly ₹15.0 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 cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
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 12% 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 12%, 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 × 5.53× 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.
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.
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.
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 | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Arihant Foundations & Housing LtdARIHANT | 65.0/100Favorable setup81% evidence | BREAKING OUT | 21.1/35 Revenue 88.8% · PAT 38.8% · OPM change 1 pp 95% evidence | 19.5/25 ROCE 17.5% · OPM 27% 95% evidence | 11.3/20 P/E 14.1× · PEG — 50% evidence | 13.1/20 RS sector 10.4% · RS bench -6.8% · 1Y -17.6%7 of 10 weeks ahead 70% evidence |
| Exact sum: 21.1 + 19.5 + 11.3 + 13.1 = 65 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Eldeco Housing & Industries LtdELDEHSG | 62.1/100Mixed-positive evidence81% evidence | ASLEEP | 27.7/35 Revenue 38.1% · PAT 100% · OPM change 25 pp 95% evidence | 14.0/25 ROCE 7.7% · OPM 36% 95% evidence | 6.9/20 P/E 21.2× · PEG — 50% evidence | 13.5/20 RS sector 28.2% · RS bench -5.6% · 1Y 2.5%0 of 10 weeks ahead 70% evidence |
| Exact sum: 27.7 + 14 + 6.9 + 13.5 = 62.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Ashiana Housing LtdASHIANA | 59.8/100Mixed-positive evidence100% evidence | ASLEEP | 29.3/35 Revenue 37% · PAT 100% · OPM change 3 pp 100% evidence | 13.5/25 ROCE 14% · OPM 7% 100% evidence | 5.6/20 P/E 29.5× · PEG 4.68 100% evidence | 11.4/20 RS sector 2.8% · RS bench 6.9% · 1Y 10.6%6 of 12 weeks ahead 100% evidence |
| Exact sum: 29.3 + 13.5 + 5.6 + 11.4 = 59.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4PVP Ventures LtdPVP | 57.9/100Mixed-positive evidence72% evidence | BREAKING OUT | 22.5/35 Revenue 100% · PAT 100% · OPM change 0 pp 71% evidence | 6.6/25 ROCE 6.4% · OPM 29% 95% evidence | 8.8/20 P/E 111× · PEG — 15% evidence | 20.0/20 RS sector 92.4% · RS bench 99.4% · 1Y 125.8%8 of 12 weeks ahead 100% evidence |
| Exact sum: 22.5 + 6.6 + 8.8 + 20 = 57.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Arvind SmartSpaces Ltdthis pageARVSMART | 56.6/100Mixed-positive evidence82% evidence | BREAKING OUT | 20.1/35 Revenue 5.3% · PAT 48% · OPM change 28 pp 95% evidence | 16.3/25 ROCE 12.4% · OPM 49% 76% evidence | 10.1/20 P/E 14.9× · PEG — 50% evidence | 10.1/20 RS sector -2.4% · RS bench 1.4% · 1Y -3.2%5 of 12 weeks ahead 100% evidence |
| Exact sum: 20.1 + 16.3 + 10.1 + 10.1 = 56.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Raymond LtdRAYMOND | 56.5/100Mixed-positive evidence75% evidence | LEADER | 18.8/35 Revenue 13.5% · PAT -80% · OPM change 3 pp 95% evidence | 9.3/25 ROCE 3.1% · OPM 13% 76% evidence | 9.0/20 P/E 39.7× · PEG — 15% evidence | 19.4/20 RS sector 91.8% · RS bench 98.2% · 1Y 63.9%12 of 12 weeks ahead 100% evidence |
| Exact sum: 18.8 + 9.3 + 9 + 19.4 = 56.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7Sunteck Realty LtdSUNTECK | 53.5/100Mixed-positive evidence93% evidence | TURNING | 26.1/35 Revenue 55.5% · PAT 31.1% · OPM change 10 pp 100% evidence | 8.3/25 ROCE 7.5% · OPM 35% 100% evidence | 13.5/20 P/E 19.8× · PEG 0.87 65% evidence | 5.6/20 RS sector -22.2% · RS bench -19.2% · 1Y -35.7%0 of 12 weeks ahead 100% evidence |
| Exact sum: 26.1 + 8.3 + 13.5 + 5.6 = 53.5 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -22.2% and the one-year return is -35.7%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 8Puravankara LtdPURVA | 53.3/100Mixed-positive evidence61% evidence | TURNING | 25.3/35 Revenue 100% · PAT 100% · OPM change 9 pp 71% evidence | 11.3/25 ROCE 11.2% · OPM 22% 76% evidence | 9.5/20 P/E 31.4× · PEG — 15% evidence | 7.2/20 RS sector -13.6% · RS bench -5.4% · 1Y -26.5%2 of 10 weeks ahead 70% evidence |
| Exact sum: 25.3 + 11.3 + 9.5 + 7.2 = 53.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 9AGI Infra LtdAGIIL | 52.9/100Mixed-positive evidence93% evidence | ASLEEP | 19.2/35 Revenue 3.8% · PAT 43.1% · OPM change 9 pp 100% evidence | 19.0/25 ROCE 20.1% · OPM 42% 100% evidence | 10.7/20 P/E 33.3× · PEG 1.25 65% evidence | 4.0/20 RS sector -13.1% · RS bench -9.5% · 1Y 15.6%2 of 12 weeks ahead 100% evidence |
| Exact sum: 19.2 + 19 + 10.7 + 4 = 52.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 10Kesar India Ltd543542 | 52.3/100Mixed-positive evidence67% evidence | ASLEEP | 14.7/35 Revenue 91.9% · PAT 12.6% · OPM change -6 pp 71% evidence | 17.3/25 ROCE 23.4% · OPM 8% 76% evidence | 8.9/20 P/E 82.1× · PEG — 15% evidence | 11.4/20 RS sector 3.2% · RS bench 7.9% · 1Y 83.1%1 of 12 weeks ahead 100% evidence |
| Exact sum: 14.7 + 17.3 + 8.9 + 11.4 = 52.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 11Ajmera Realty & Infra India LtdAJMERA | 52.2/100Mixed-positive evidence82% evidence | BASING | 21.8/35 Revenue 43.3% · PAT 23.5% · OPM change -1 pp 95% evidence | 16.8/25 ROCE 14.3% · OPM 29% 76% evidence | 9.2/20 P/E 14.9× · PEG — 50% evidence | 4.4/20 RS sector -24.1% · RS bench -21.5% · 1Y -41.4%3 of 12 weeks ahead 100% evidence |
| Exact sum: 21.8 + 16.8 + 9.2 + 4.4 = 52.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 12Capacite Infraprojects LtdCAPACITE | 52.0/100Mixed-positive evidence81% evidence | ASLEEP | 15.5/35 Revenue 12.4% · PAT -5.6% · OPM change -1 pp 95% evidence | 15.3/25 ROCE 15.5% · OPM 16% 95% evidence | 14.4/20 P/E 8.8× · PEG — 50% evidence | 6.8/20 RS sector -7.6% · RS bench -20.1% · 1Y -35.3%1 of 10 weeks ahead 70% evidence |
| Exact sum: 15.5 + 15.3 + 14.4 + 6.8 = 52 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 13Suratwwala Business Group LtdSBGLP | 51.3/100Thin evidence · provisional56% evidence | 18.4/35 Revenue 100% · PAT 100% · OPM change 45 pp 40% evidence | 12.8/25 ROCE 12.4% · OPM 37% 71% evidence | 13.9/20 P/E 16.8× · PEG — 50% evidence | 6.2/20 RS sector -13.9% · RS bench -14.8% · 1Y -11.8%2 of 12 weeks ahead to 2026-04-19 70% evidence | |
| Exact sum: 18.4 + 12.8 + 13.9 + 6.2 = 51.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 14Kolte Patil Developers LtdKOLTEPATIL | 49.3/100Mixed-negative evidence78% evidence | BREAKING OUT | 15.1/35 Revenue 7.8% · PAT 47.1% · OPM change 53 pp 74% evidence | 7.0/25 ROCE -0.3% · OPM 21% 100% evidence | 13.9/20 P/E 31.2× · PEG 0.74 65% evidence | 13.3/20 RS sector 1.1% · RS bench 14% · 1Y -5.9%6 of 10 weeks ahead 70% evidence |
| Exact sum: 15.1 + 7 + 13.9 + 13.3 = 49.3 · Decision use: Price leads the evidence: RS versus the benchmark is 14%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 15Geecee Ventures LtdGEECEE | 49.0/100Mixed-negative evidence87% evidence | BREAKING OUT | 12.1/35 Revenue -6.5% · PAT 20% · OPM change -24.9 pp 95% evidence | 9.7/25 ROCE 6.3% · OPM 28.7% 95% evidence | 9.4/20 P/E 16.7× · PEG — 50% evidence | 17.8/20 RS sector 8.9% · RS bench 13% · 1Y -5.1%12 of 12 weeks ahead 100% evidence |
| Exact sum: 12.1 + 9.7 + 9.4 + 17.8 = 49 · Decision use: Price leads the evidence: RS versus the benchmark is 13%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 16Suraj Estate Developers LtdSURAJEST | 47.9/100Mixed-negative evidence87% evidence | ASLEEP | 13.2/35 Revenue 4% · PAT 1.1% · OPM change 0 pp 95% evidence | 17.7/25 ROCE 14.5% · OPM 37% 95% evidence | 13.8/20 P/E 9.1× · PEG — 50% evidence | 3.2/20 RS sector -25.6% · RS bench -22.8% · 1Y -42%0 of 12 weeks ahead 100% evidence |
| Exact sum: 13.2 + 17.7 + 13.8 + 3.2 = 47.9 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 17Ganesh Housing LtdGANESHHOU | 45.5/100Mixed-negative evidence100% evidence | FADING | 4.3/35 Revenue -28.6% · PAT -54.1% · OPM change -46 pp 100% evidence | 18.2/25 ROCE 18.8% · OPM 39% 100% evidence | 12.4/20 P/E 24× · PEG 0.31 100% evidence | 10.6/20 RS sector -0.8% · RS bench 2.9% · 1Y -11.4%9 of 12 weeks ahead 100% evidence |
| Exact sum: 4.3 + 18.2 + 12.4 + 10.6 = 45.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 18Shriram Properties LtdSHRIRAMPPS | 44.6/100Mixed-negative evidence87% evidence | ASLEEP | 19.0/35 Revenue 37% · PAT 13.6% · OPM change -12.9 pp 95% evidence | 9.1/25 ROCE 8% · OPM -3.9% 95% evidence | 12.9/20 P/E 13.4× · PEG — 50% evidence | 3.6/20 RS sector -15.8% · RS bench -12.7% · 1Y -20.3%3 of 12 weeks ahead 100% evidence |
| Exact sum: 19 + 9.1 + 12.9 + 3.6 = 44.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 19Keystone Realtors LtdRUSTOMJEE | 42.3/100Mixed-negative evidence76% evidence | BASING | 17.4/35 Revenue 52.6% · PAT -26.8% · OPM change 12.7 pp 95% evidence | 10.1/25 ROCE 4.7% · OPM 17% 76% evidence | 9.0/20 P/E 37.1× · PEG — 50% evidence | 5.8/20 RS sector -11.6% · RS bench -23.4% · 1Y -44%0 of 10 weeks ahead 70% evidence |
| Exact sum: 17.4 + 10.1 + 9 + 5.8 = 42.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 20Omaxe LtdOMAXE | 40.7/100Mixed-negative evidence63% evidence | BREAKING OUT | 13.4/35 Revenue -8.3% · PAT 29.6% · OPM change 61.9 pp 71% evidence | 2.3/25 ROCE -110% · OPM 1.8% 95% evidence | 10.0/20 P/E — · PEG — 0% evidence | 15.0/20 RS sector 4% · RS bench 52.4% · 1Y 42.7%6 of 10 weeks ahead 70% evidence |
| Exact sum: 13.4 + 2.3 + 10 + 15 = 40.7 · Decision use: Price leads the evidence: RS versus the benchmark is 52.4%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 21Hubtown LtdHUBTOWN | 39.3/100Mixed-negative evidence77% evidence | BASING | 13.5/35 Revenue 29.1% · PAT -12.2% · OPM change -4 pp 100% evidence | 9.4/25 ROCE 9.5% · OPM 18% 100% evidence | 9.9/20 P/E 27.4× · PEG — 15% evidence | 6.5/20 RS sector -10.6% · RS bench -20.4% · 1Y -44.5%0 of 10 weeks ahead 70% evidence |
| Exact sum: 13.5 + 9.4 + 9.9 + 6.5 = 39.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 22Valor Estate LtdDBREALTY | 37.9/100Mixed-negative evidence93% evidence | ASLEEP | 23.6/35 Revenue -49.5% · PAT 100% · OPM change 24.4 pp 100% evidence | 6.5/25 ROCE 1.6% · OPM 20.8% 100% evidence | 4.3/20 P/E 440.4× · PEG 4.19 65% evidence | 3.5/20 RS sector -20.1% · RS bench -17.3% · 1Y -43.5%6 of 12 weeks ahead 100% evidence |
| Exact sum: 23.6 + 6.5 + 4.3 + 3.5 = 37.9 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -20.1% and the one-year return is -43.5%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 23Hemisphere Properties India LtdHEMIPROP | 37.5/100Thin evidence · provisional56% evidence | BASING | 10.3/35 Revenue -4.2% · PAT -46.1% · OPM change -134.2 pp 74% evidence | 4.8/25 ROCE -1.1% · OPM — 64% evidence | 10.0/20 P/E — · PEG — 0% evidence | 12.4/20 RS sector 6.5% · RS bench -11.7% · 1Y -31.6%1 of 10 weeks ahead 70% evidence |
| Exact sum: 10.3 + 4.8 + 10 + 12.4 = 37.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 24Peninsula Land LtdPENINLAND | 34.0/100Adverse evidence69% evidence | TURNING | 11.5/35 Revenue -50.7% · PAT -80% · OPM change -43.7 pp 71% evidence | 6.7/25 ROCE 4.9% · OPM -19.4% 95% evidence | 10.0/20 P/E — · PEG — 0% evidence | 5.8/20 RS sector -29% · RS bench -26.7% · 1Y -54.3%2 of 12 weeks ahead 100% evidence |
| Exact sum: 11.5 + 6.7 + 10 + 5.8 = 34 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 25SignatureGlobal India LtdSIGNATURE | 30.7/100Adverse evidence93% evidence | BASING | 13.0/35 Revenue -23% · PAT 100% · OPM change -11.8 pp 100% evidence | 3.5/25 ROCE 2.6% · OPM -8% 100% evidence | 7.6/20 P/E 10.1× · PEG 3.94 65% evidence | 6.6/20 RS sector -19.2% · RS bench -16.1% · 1Y -31.3%0 of 12 weeks ahead 100% evidence |
| Exact sum: 13 + 3.5 + 7.6 + 6.6 = 30.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 26Laxmi Goldorna House LtdLGHL | 28.6/100Adverse evidence80% evidence | BASING | 8.8/35 Revenue 12.4% · PAT -80% · OPM change -6 pp 95% evidence | 10.3/25 ROCE 10.1% · OPM 12.1% 95% evidence | 8.5/20 P/E 569× · PEG — 15% evidence | 1.0/20 RS sector -31.5% · RS bench -28.8% · 1Y -46.8%0 of 12 weeks ahead 100% evidence |
| Exact sum: 8.8 + 10.3 + 8.5 + 1 = 28.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Arvind SmartSpaces Ltd's share price today?
Arvind SmartSpaces Ltd trades at ₹598, −4.1% over the past year. The company is valued at ₹2,745 Cr. The stock sits at 57% of its 52-week range of ₹508–₹667, −2.2% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 5 weeks in. — as of 11 September 2026.
What were Arvind SmartSpaces Ltd's latest quarterly results?
Arvind SmartSpaces Ltd reported revenue of ₹318 Cr and net profit of ₹97.0 Cr for the Jun 26 quarter. Revenue rose 211.8% and profit rose 708.3% year on year. Earnings per share were ₹21.59. The operating margin was 49.0%, 28.0 pp higher than a year earlier. — as of 11 September 2026.
What is Arvind SmartSpaces Ltd's revenue?
Arvind SmartSpaces Ltd reported revenue of ₹318 Cr in the Jun 26 quarter, +211.8% 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 11 September 2026.
What is Arvind SmartSpaces Ltd's profit?
Arvind SmartSpaces Ltd earned ₹97.0 Cr of net profit in the Jun 26 quarter, +708.3% year on year — the 2nd straight quarter of growth. Full-year FY26 profit was ₹103 Cr. The operating margin ran 49.0% in the latest quarter. — as of 11 September 2026.
What is Arvind SmartSpaces Ltd's market cap?
Arvind SmartSpaces Ltd's market capitalisation is ₹2,745 Cr at a share price of ₹598. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.
What is Arvind SmartSpaces Ltd's P/E ratio?
Arvind SmartSpaces Ltd trades at a P/E of 14.9×, at the 31st percentile of its own 11-year range, against a long-run median of 22.9×. This is a comparison with the stock's own history, not a value call — as of 11 September 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 11 September 2026.
Is Arvind SmartSpaces Ltd overvalued?
On its own history, Arvind SmartSpaces Ltd looks cheap: its P/E of 14.9× has been cheaper only 31% of the time in 11 years (long-run median 22.9×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 11 September 2026.
Is Arvind SmartSpaces Ltd growing?
Yes — Arvind SmartSpaces Ltd is growing: latest-quarter revenue +211.8% year on year, profit +708.3%, and the margin +28.0 pp at 49.0%. The 10-year compound rates are 17.2% (revenue) and 19.7% (profit). The earnings engine currently reads: improving — as of 11 September 2026.
How is Arvind SmartSpaces Ltd performing?
Arvind SmartSpaces Ltd is in a confirmed uptrend, 5 weeks in. Its latest quarter's revenue rose 211.8% and profit rose 708.3% 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 11 September 2026.
What stage is Arvind SmartSpaces Ltd in?
Mixed — the growth curves are steadily positive, but ROCE at 12.0% is below the 15% bar this page requires to call it Consistent. The read comes from the last 12 quarters of growth (revenue growth +5.3% latest, profit growth +48.0% latest, eps growth +54.2% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 11 September 2026.
Is Arvind SmartSpaces Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 5 of stage 2), trading −2.2% versus its 200-day average and at 57% 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 11 September 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 2026-09-04), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.5 years the stock moved +664% against the NIFTY 500's +267% — ahead of the index over the full window. — as of 11 September 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 ₹598, the price is in a confirmed uptrend 5 weeks in. Its P/E of 14.9× sits at the 31st percentile of its own 11-year range. — as of 11 September 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 11 September 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 11 September 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 11 September 2026.
What is Arvind SmartSpaces Ltd's cash flow?
Arvind SmartSpaces Ltd consumed ₹170 Cr of operating cash in FY26 — cash flowed out rather than in (free cash flow: ₹−215 Cr). Operating cash was negative while the company reported a profit of ₹103 Cr. Cash-flow resolution for India is annual. — as of 11 September 2026.
Is Arvind SmartSpaces Ltd's profit real cash?
No — operating cash was negative over the last 3 fiscal years: Arvind SmartSpaces Ltd consumed cash while reporting profit. In FY26, operating cash was ₹−170 Cr against reported profit of ₹103 Cr. Cash-flow resolution is annual — as of 11 September 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 49.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.
What growth does Arvind SmartSpaces Ltd's price assume?
At its price on 13 June 2026, Arvind SmartSpaces Ltd was priced for profit growth of about 16.6% a year. Profit itself has compounded 19.7% a year over the past 10 years. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 11 September 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 11 September 2026.
Is Arvind SmartSpaces Ltd a stock worth studying right now?
This is not investment advice. The machine read: Arvind SmartSpaces Ltd is coiled. The quarters are improving, yet the P/E sits at the 31st percentile of its own 11-year range — the business is moving before the market. 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 11 September 2026.
Not SEBI Registered !! Not Investment advice !!