# Arvind SmartSpaces share price today (Arvind SmartSpaces Ltd, NSE: ARVSMART)

> Arvind SmartSpaces share price today: ₹574.50 at the NSE close on 3 November 2026, down 10.0% in a year. Arvind SmartSpaces (NSE: ARVSMART) is worth ₹2,637 crore, trades at a P/E of 14.3 and has closed between ₹507.80 and ₹667.00 over the past 52 weeks. > Arvind SmartSpaces Ltd's results are improving, while its P/E is near the low end of its own history over 11 years, higher than only 28% of past readings. ARVSMART · Realty - Construction & Contracting · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/arvind-smartspaces-ltd

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: ₹574.50 (−10.0% in a year)
- P/E: 14.3× (lower than 72% of the last 11 years)
- Revenue (Jun 2026): ₹318 Cr (+211.8% on a year ago)
- Profit (Jun 2026): ₹97.0 Cr (+708.3% on a year ago)
- Operating margin: 49.0% (+28.0 points on a year ago)
- ROCE: 12%, FY26
- Profit that came in as cash: −82%, last 3 years

The main question: profits are rising, but only −82% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Arvind SmartSpaces share price today? Arvind SmartSpaces Ltd's share price was ₹574.50 at the close on 3 November 2026. It has been rising for 12 weeks. That is 5.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹508 and ₹667, and at that close it sat 42% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 1 week running. Over the last 11 years the share price moved +634% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Arvind SmartSpaces this quarter? Three changes stood out: revenue grew again in the June 2026 quarter, best operating margin in 15 quarters and highest quarterly profit in 15 quarters. 1. Revenue grew again in the June 2026 quarter Revenue was ₹318 crore, +211.8% on a year earlier (₹102 crore), after 3 quarters of decline. Why: Revenue jumped because the company got a key approval for its Orchards Phase 1 project, letting it count sales already made. Next results: check whether revenue is still counted late in the year because final approvals can move between quarters. From the earnings call on 7 Aug 2026. 2. Best operating margin in 15 quarters Operating margin was 49% in the June 2026 quarter, against 21% a year earlier. Why: Margin rose because one project, Orchards Phase 1, did much better than expected and the mix of projects sold was more profitable. Next results: check if margin falls back toward the company's normal project mix, since management said not to assume this quarter repeats. From the earnings call on 7 Aug 2026. 3. Highest quarterly profit in 15 quarters Profit of ₹97 crore in the June 2026 quarter is the highest of the last 15 quarters. Why: Profit hit a record because the Orchards Phase 1 approval let the company count more sales in the quarter. Next results: check whether profit stays uneven because final approvals can move between quarters. From the earnings call on 7 Aug 2026. ## What are Arvind SmartSpaces' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Arvind SmartSpaces reported revenue of ₹318 crore, up 211.8% from ₹102 crore a year earlier, and a profit of ₹97.0 crore, up 708.3% from ₹12.0 crore. ### Arvind SmartSpaces results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹318 crore | ₹102 crore | +211.8% |
| Profit | ₹97.0 crore | ₹12.0 crore | +708.3% |
| Earnings per share | ₹21.59 | ₹2.44 | +784.8% |
| Operating margin | 49.0% | 21.0% | +28.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Arvind SmartSpaces' management discussed these results on a call held on 7 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Arvind SmartSpaces share price history? Arvind SmartSpaces closed at ₹574.50 on 3 November 2026, down 10.0% from ₹638.30 a year earlier (31 October 2025) and up 142.8% over five years. Its highest weekly close since March 2016 was ₹997.75 on 29 November 2024. ### Arvind SmartSpaces share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹565.15 | +1.7% |
| 1 month ago · 1 Oct 2026 | ₹592.25 | −3.0% |
| 6 months ago · 30 Apr 2026 | ₹617.95 | −7.0% |
| 1 year ago · 31 Oct 2025 | ₹638.30 | −10.0% |
| 3 years ago · 3 Nov 2023 | ₹346.25 | +65.9% |
| 5 years ago · 4 Nov 2021 | ₹236.65 | +142.8% |
| 10 years ago · 4 Nov 2016 | ₹85.75 | +570.0% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹78.30 | +633.7% |
| Highest weekly close since March 2016 · 29 Nov 2024 | ₹997.75 | −42.4% |
| Lowest weekly close since March 2016 · 22 May 2020 | ₹61.95 | +827.4% |
| 52-week high (weekly close) · 21 Aug 2026 | ₹667.00 | −13.9% |
| 52-week low (weekly close) · 6 Mar 2026 | ₹507.80 | +13.1% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (562 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Arvind SmartSpaces? 3 Nov 2026: Arvind SmartSpaces closed at ₹574.50, up 1.7% on the week and down 3.0% on the month. 28 Aug 2026: ex-date for a dividend of ₹2.25 a share. ### Earlier

- 7 Aug 2026: Arvind SmartSpaces held its results call for April to June 2026. Management guided: FY27 bookings growth 35%-40%, translating to ₹2,100-2,200 crore; 4-5-year bookings yearly growth 25%-30%. - Results for April to June 2026: Revenue up 211.8% and profit up 708.3% on a year earlier. ## What dividend does Arvind SmartSpaces pay? Arvind SmartSpaces paid ₹2.25 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.39% at the ₹574.50 close on 3 November 2026. The last was a dividend of ₹2.25 a share, ex-date 28 August 2026. ### Arvind SmartSpaces dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 28 Aug 2026 | ₹2.25 | Dividend |
| 25 Jul 2025 | ₹6 | Dividend |
| 18 Jul 2024 | ₹3.50 | Dividend + Special |
| 21 Jul 2023 | ₹3.30 | Dividend + Special |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 3 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Arvind SmartSpaces Ltd paid out 11% of its profit as dividends in FY26, and it paid a dividend in 5 of its last 12 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Arvind SmartSpaces management say on the latest results call? On the call for April to June 2026, held on 7 August 2026, Arvind SmartSpaces' management guided: FY27 bookings growth 35%-40%, translating to ₹2,100-2,200 crore; 4-5-year bookings yearly growth 25%-30%. > “We are not going to compromise financial discipline simply to achieve booking value growth.”
> Priyansh Kapoor, on the call for April to June 2026

### What management guided

- FY27 BD ₹4,000-5,000 crore, with Q&A indicating potential toward the higher band. - FY27 operating margin on new sales 22%-25%. - FY27 operating cash flow ₹400-500 crore. - FY27 fresh launch supply ₹3,000-3,500 crore booking value across six projects: one Ahmedabad, three Bengaluru, two Mumbai; Goregaon has about 6.7 lakh square feet saleable carpet area and completion about four years after ground-breaking. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/7196/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 7 August 2026.)

## What to watch in Arvind SmartSpaces' next results? When Arvind SmartSpaces reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Non-Aquacity sustenance sales across Bengaluru and Mumbai - test whether demand breadth extends beyond the standout Ahmedabad project. - What to check (from the call)
- Non-Aquacity sustenance sales across Bengaluru and Mumbai - test whether demand breadth extends beyond the standout Ahmedabad project. - Vastrapur, Sarjapur and Mumbai launches - check approvals, timing and initial absorption across the stated pipeline. - OC approvals and revenue recognition - check whether reported revenue remains back-end loaded across upcoming quarters. - Operating cash flow during the construction ramp-up - check whether higher execution outflows remain consistent with project-level economics. ## Which stock lists is Arvind SmartSpaces on? Arvind SmartSpaces is on one of our India lists: Real estate, REIT & cement. [Real estate, REIT & cement Group on the list: Home and office developers](https://www.sectoralpha.in/sectors/real-estate-stocks-india)

## Is Arvind SmartSpaces profitable? Arvind SmartSpaces Ltd earned ₹97.0 Cr of net profit in the Jun 2026 quarter, +708.3% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹103 Cr. Over 10 years profit has grown 19.7% a year on average. That is 30.5% of the quarter's revenue. The same quarter a year earlier earned ₹12.0 Cr. For the full year, FY26 profit was ₹103 Cr (−13.4% on the year before). Why profit moved: revenue changed +211.8% on a year earlier and the margin moved +28.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +177.0% and revenue +34.7%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Arvind SmartSpaces make, and is it growing? Arvind SmartSpaces Ltd reported ₹318 Cr of revenue in the Jun 2026 quarter, +211.8% on the same quarter a year earlier. Over 10 years it has grown 17.2% a year on average. The last full year, FY26, came in at ₹564 Cr. The last four reported quarters add to ₹780 Cr. FY26 revenue was ₹564 Cr, −20.9% on the year before. Recent pace: the last four quarters grew +34.7% on average, against 17.2% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +5.3%, against +49.7% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +48.0%, against +97.9% a year (rolling over). ## How much of every ₹100 of sales does Arvind SmartSpaces keep? Arvind SmartSpaces Ltd's operating margin was 49.0% in the Jun 2026 quarter, 28.0 percentage points higher than the same quarter a year ago. Across 12 years it has been between 19.0% and 33.0%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +28.1 percentage points on the year while gross margin changed +16.7 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Arvind SmartSpaces' profit turning into cash? Over the last 3 years Arvind SmartSpaces Ltd's operations used more cash than they brought in, so cash conversion was −82%, a gap worth watching. In FY26 its operations used ₹170 Cr of cash, against ₹103 Cr of profit. After ₹45.0 Cr of spending on assets, free cash was −₹215 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Arvind SmartSpaces' cash go? Arvind SmartSpaces Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹564 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹74.0 Cr on assets over the last 3 years. Averaged over those years that is 4.4% of FY26 revenue a year. Spending on assets: ₹74.0 Cr over the last 3 years, against ₹15.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹62.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Arvind SmartSpaces' P/E ratio, and how does it compare with its own history? Arvind SmartSpaces Ltd's P/E is 14.3×, near the low end of its own history: it has been lower only 28% of the time. Its usual P/E (the middle reading) is 22.9×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −13.3% while the price moved −10.0%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +19.4% a year; about +60.2% a year came from earnings growth and about −40.8 percentage points from the multiple (the market paying less); over 10 years the price moved +20.9% a year; about +16.7% a year came from earnings growth and about +4.2 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. The PEG ratio and its quarterly curve, which only the second data source has, are not shown on this page: its two data sources disagree by up to 32% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the Arvind SmartSpaces business getting better or worse? Arvind SmartSpaces Ltd's business is giving mixed signals. Growth has been steadily positive, but ROCE at 12.0% is below the 15% level needed to call it steady growth. This is based on 8 quarters of 4 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Arvind SmartSpaces earn on its capital? Arvind SmartSpaces Ltd earned a ROCE of 12% in FY26. That is up from a low of 8% in FY21. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 18.3% net margin and 0.16× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 18.3% net margin × 0.16× asset turnover × 5.53× leverage (assets divided by equity) ≈ 16.2% on equity. The margin does most of the work; borrowing is a big part of it. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 32% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Arvind SmartSpaces have too much debt? Arvind SmartSpaces Ltd had ₹583 Cr of borrowings against ₹649 Cr of equity in FY26, so its debt is 0.90× its equity. Its operating profit is 5 times its interest bill. Over 5 years borrowings went from ₹189 Cr to ₹583 Cr. Over the last 3 of those years it spent ₹74.0 Cr on assets. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 32% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the Arvind SmartSpaces shareholding pattern? Promoters raised their stake in Arvind SmartSpaces Ltd by 3.5 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 53.8% of the company. Domestic institutions moved −3.5 points over the same period, to 9.2%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: +3.5 points over 8 quarters, to 53.8%; Domestic institutions: −3.5 points over 8 quarters, to 9.2%; Foreign institutions: −1.9 points over 8 quarters, to 0.6%. Why the owners changed: promoters drove it (+3.5 points), with the other side taken by domestic institutions (−3.5 points). They raised their stake step by step. ## How far is Arvind SmartSpaces from balance-sheet trouble? For Arvind SmartSpaces Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Arvind SmartSpaces rank in its industry? 57.2 out of 100, rank 6 of 26 in Realty - Construction & Contracting, with 78% of the evidence available. Arvind SmartSpaces Ltd scores 57.2 out of 100 against the 26 companies it is compared with in Realty - Construction & Contracting, ranking 6. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 19.6 + 16.1 + 11.6 + 9.9 = 57.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Arvind SmartSpaces compared with? Arvind SmartSpaces ranks 6 of 26 Realty - Construction & Contracting companies on the 4-Factor Sector Score, with 57.2 out of 100. 1. [Suratwwala Business Group Ltd](https://www.sectoralpha.in/stocks/suratwwala-business-group-ltd) SBGLP · Most evidence points up · 76% evidence 72.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.2/43.75 · Revenue 100% · Profit 100% · Operating margin change -11.9 points · 88% evidence Capital efficiency 22.8/31.25 · ROCE 30.8% · Operating margin 31.9% · 100% evidence Valuation 17.7/25 · P/E 9.7× · PEG 1.22 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 32.2 + 22.8 + 17.7 = 72.7 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 2. [Ashiana Housing Ltd](https://www.sectoralpha.in/stocks/ashiana-housing-ltd) ASHIANA · quiet · Evidence leans up · 86% evidence 62.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.5/35 · Revenue 37% · Profit 100% · Operating margin change 3 points · 88% evidence Capital efficiency 13.1/25 · ROCE 14% · Operating margin 7% · 100% evidence Valuation 10.1/20 · P/E 28.6× · PEG n/a · 50% evidence Relative strength 11.9/20 · Lead over its industry 2.8% · Lead over NIFTY 500 4.7% · 1 year 19.4% · 100% evidence · 1 of 12 weeks ahead Exact sum: 27.5 + 13.1 + 10.1 + 11.9 = 62.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Arihant Foundations & Housing Ltd](https://www.sectoralpha.in/stocks/arihant-foundations-housing-ltd) ARIHANT · quiet · Evidence leans up · 81% evidence 62.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.9/35 · Revenue 88.8% · Profit 38.8% · Operating margin change 1 points · 88% evidence Capital efficiency 16.7/25 · ROCE 16.4% · Operating margin 27% · 100% evidence Valuation 15.6/20 · P/E 13× · PEG 0.24 · 100% evidence Relative strength 8.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -11.1% · 1 year -22% · 25% evidence · 9 of 12 weeks ahead Exact sum: 20.9 + 16.7 + 15.6 + 8.8 = 62 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [PVP Ventures Ltd](https://www.sectoralpha.in/stocks/pvp-ventures-ltd) PVP · leader · Evidence leans up · 64% evidence 59.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue 100% · Profit 100% · Operating margin change 0 points · 62% evidence Capital efficiency 9.0/25 · ROCE 6.4% · Operating margin 29% · 76% evidence Valuation 9.0/20 · P/E 75.8× · PEG n/a · 15% evidence Relative strength 19.2/20 · Lead over its industry 28.5% · Lead over NIFTY 500 30.2% · 1 year 29.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.1 + 9 + 9 + 19.2 = 59.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Ajmera Realty & Infra India Ltd](https://www.sectoralpha.in/stocks/ajmera-realty-infra-india-ltd) AJMERA · turning · Evidence leans up · 78% evidence 58.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.3/35 · Revenue 43.3% · Profit 23.5% · Operating margin change -1 points · 83% evidence Capital efficiency 16.6/25 · ROCE 14.3% · Operating margin 29% · 76% evidence Valuation 9.1/20 · P/E 16.9× · PEG n/a · 50% evidence Relative strength 11.7/20 · Lead over its industry -2.3% · Lead over NIFTY 500 -0.5% · 1 year -38.3% · 100% evidence · 2 of 12 weeks ahead Exact sum: 21.3 + 16.6 + 9.1 + 11.7 = 58.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. Arvind SmartSpaces Ltd this page ARVSMART · breaking out · Evidence leans up · 78% evidence 57.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.6/35 · Revenue 5.3% · Profit 48% · Operating margin change 28 points · 83% evidence Capital efficiency 16.1/25 · ROCE 12.4% · Operating margin 49% · 76% evidence Valuation 11.6/20 · P/E 14× · PEG n/a · 50% evidence Relative strength 9.9/20 · Lead over its industry -1.7% · Lead over NIFTY 500 0.2% · 1 year -11.6% · 100% evidence · 5 of 12 weeks ahead Exact sum: 19.6 + 16.1 + 11.6 + 9.9 = 57.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Raymond Ltd](https://www.sectoralpha.in/stocks/raymond-ltd) RAYMOND · leader · Evidence leans up · 75% evidence 56.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.9/35 · Revenue 16.7% · Profit -80% · Operating margin change 3 points · 95% evidence Capital efficiency 9.1/25 · ROCE 3.1% · Operating margin 11% · 76% evidence Valuation 8.8/20 · P/E 138× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 94.5% · Lead over NIFTY 500 96.4% · 1 year 91.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.9 + 9.1 + 8.8 + 20 = 56.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Eldeco Housing & Industries Ltd](https://www.sectoralpha.in/stocks/eldeco-housing-industries-ltd) ELDEHSG · turning · Evidence leans up · 81% evidence 56.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.3/35 · Revenue 38.1% · Profit 100% · Operating margin change 25 points · 88% evidence Capital efficiency 14.0/25 · ROCE 7.7% · Operating margin 36% · 100% evidence Valuation 3.5/20 · P/E 21.2× · PEG 2.59 · 100% evidence Relative strength 9.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.1% · 1 year -11% · 25% evidence · 1 of 12 weeks ahead Exact sum: 29.3 + 14 + 3.5 + 9.8 = 56.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Capacite Infraprojects Ltd](https://www.sectoralpha.in/stocks/capacite-infraprojects-ltd) CAPACITE · quiet · Evidence leans up · 81% evidence 55.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.3/35 · Revenue 12.4% · Profit -5.6% · Operating margin change -1 points · 88% evidence Capital efficiency 15.9/25 · ROCE 15.5% · Operating margin 16% · 100% evidence Valuation 17.4/20 · P/E 6.7× · PEG 0.59 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -32.9% · 1 year -49.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 14.3 + 15.9 + 17.4 + 7.5 = 55.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 10. [Kolte Patil Developers Ltd](https://www.sectoralpha.in/stocks/kolte-patil-developers-ltd) KOLTEPATIL · leader · Evidence leans up · 66% evidence 52.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue 7.8% · Profit 47.1% · Operating margin change 53 points · 65% evidence Capital efficiency 7.5/25 · ROCE -0.3% · Operating margin 21% · 100% evidence Valuation 11.5/20 · P/E 31.6× · PEG 0.74 · 65% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 19.9% · 1 year 3.9% · 25% evidence · 12 of 12 weeks ahead Exact sum: 21.4 + 7.5 + 11.5 + 12.2 = 52.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Geecee Ventures Ltd](https://www.sectoralpha.in/stocks/geecee-ventures-ltd) GEECEE · leader · Evidence leans up · 96% evidence 52.0 out of 100 Growth Capital Valuation Relative
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14. [Suraj Estate Developers Ltd](https://www.sectoralpha.in/stocks/suraj-estate-developers-ltd) SURAJEST · quiet · Evidence leans down · 100% evidence 47.6 out of 100 Growth Capital Valuation Relative
15. [AGI Infra Ltd](https://www.sectoralpha.in/stocks/agi-infra-ltd) AGIIL · quiet · Evidence leans down · 96% evidence 47.5 out of 100 Growth Capital Valuation Relative
16. [Kesar India Ltd](https://www.sectoralpha.in/stocks/kesar-india-ltd) quiet · Evidence leans down · 76% evidence 45.8 out of 100 Growth Capital Valuation Relative
17. [Laxmi Goldorna House Ltd](https://www.sectoralpha.in/stocks/laxmi-goldorna-house-ltd) LGHL · breaking out · Evidence leans down · 71% evidence 45.6 out of 100 Growth Capital Valuation Relative
18. [Ganesh Housing Ltd](https://www.sectoralpha.in/stocks/ganesh-housing-ltd) GANESHHOU · basing · Evidence leans down · 100% evidence 42.9 out of 100 Growth Capital Valuation Relative
19. [Shriram Properties Ltd](https://www.sectoralpha.in/stocks/shriram-properties-ltd) SHRIRAMPPS · basing · Evidence leans down · 96% evidence 42.4 out of 100 Growth Capital Valuation Relative
20. [Omaxe Ltd](https://www.sectoralpha.in/stocks/omaxe-ltd) OMAXE · breaking out · Too little evidence to rank firmly · 56% evidence 41.7 out of 100 Growth Capital Valuation Relative
21. [Hubtown Ltd](https://www.sectoralpha.in/stocks/hubtown-ltd) HUBTOWN · turning · Evidence leans down · 68% evidence 40.3 out of 100 Growth Capital Valuation Relative
22. [Valor Estate Ltd](https://www.sectoralpha.in/stocks/valor-estate-ltd) DBREALTY · quiet · Evidence leans down · 79% evidence 40.2 out of 100 Growth Capital Valuation Relative
23. [SignatureGlobal India Ltd](https://www.sectoralpha.in/stocks/signatureglobal-india-ltd) SIGNATURE · quiet · Evidence leans down · 79% evidence 38.6 out of 100 Growth Capital Valuation Relative
24. [Puravankara Ltd](https://www.sectoralpha.in/stocks/puravankara-ltd) PURVA · quiet · Too little evidence to rank firmly · 49% evidence 54.4 out of 100 Growth Capital Valuation Relative
25. [Hemisphere Properties India Ltd](https://www.sectoralpha.in/stocks/hemisphere-properties-india-ltd) HEMIPROP · basing · Too little evidence to rank firmly · 49% evidence 30.7 out of 100 Growth Capital Valuation Relative
26. [Peninsula Land Ltd](https://www.sectoralpha.in/stocks/peninsula-land-ltd) PENINLAND · Too little evidence to rank firmly · 48% evidence 26.9 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. 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 path the industry 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 growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Realty - Construction & Contracting](https://www.sectoralpha.in/sectors/realty-construction-contracting), all 26 compared on one page. ## Which companies are close to Arvind SmartSpaces in size? Arvind SmartSpaces is the 15th largest of 26 Realty - Construction & Contracting companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Hemisphere Properties India, Hubtown and Ajmera Realty & Infra India. Just below it: Omaxe, Capacite Infraprojects and Laxmi Goldorna House. ### Realty - Construction & Contracting companies close in size

1. [Hemisphere Properties India Ltd](https://www.sectoralpha.in/stocks/hemisphere-properties-india-ltd) ₹2,973 crore
2. [Hubtown Ltd](https://www.sectoralpha.in/stocks/hubtown-ltd) ₹2,613 crore
3. [Ajmera Realty & Infra India Ltd](https://www.sectoralpha.in/stocks/ajmera-realty-infra-india-ltd) ₹2,609 crore
4. Arvind SmartSpaces Ltd ₹2,589 crore
5. [Omaxe Ltd](https://www.sectoralpha.in/stocks/omaxe-ltd) ₹1,656 crore
6. [Capacite Infraprojects Ltd](https://www.sectoralpha.in/stocks/capacite-infraprojects-ltd) ₹1,232 crore
7. [Laxmi Goldorna House Ltd](https://www.sectoralpha.in/stocks/laxmi-goldorna-house-ltd) ₹1,211 crore

[All 26 Realty - Construction & Contracting companies, largest first](https://www.sectoralpha.in/sectors/realty-construction-contracting#all-companies)

### Companies close in size in other industries

1. [Hikal Ltd](https://www.sectoralpha.in/stocks/hikal-ltd) ₹2,609 crore · Pharma - API & CRAMS
2. [Sasken Technologies Ltd](https://www.sectoralpha.in/stocks/sasken-technologies-ltd) ₹2,606 crore · IT - Software
3. Arvind SmartSpaces Ltd ₹2,589 crore
4. [NACL Industries Ltd](https://www.sectoralpha.in/stocks/nacl-industries-ltd) ₹2,589 crore · Pesticides/Agrochemicals
5. [ADF Foods Ltd](https://www.sectoralpha.in/stocks/adf-foods-ltd) ₹2,586 crore · FMCG - Contract Mfg

## What else do people ask about Arvind SmartSpaces? ### What is Arvind SmartSpaces's share price today? Arvind SmartSpaces Ltd's share price is ₹574.50, −10.0% over the past year. The whole company is worth ₹2,637 Cr on the market. In the last 52 weeks it traded between ₹508 to ₹667; today it is 42% of the way up from the low, 5.2% below its 200-day average (as of 3 November 2026). ### What were Arvind SmartSpaces's latest quarterly results? Arvind SmartSpaces Ltd reported revenue of ₹318 Cr and net profit of ₹97.0 Cr for the Jun 2026 quarter. Revenue rose 211.8% and profit rose 708.3% compared with a year earlier. Earnings per share were ₹21.59. The operating margin was 49.0%, 28.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Arvind SmartSpaces's market cap? Arvind SmartSpaces Ltd's market capitalisation is ₹2,637 Cr at a share price of ₹574.50. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Arvind SmartSpaces performing? Arvind SmartSpaces Ltd's share price has been rising for 12 weeks. In its latest quarter, revenue rose 211.8% and profit rose 708.3% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will Arvind SmartSpaces's share price go up? This page does not forecast Arvind SmartSpaces Ltd's share price. What it shows instead: the share price is ₹574.50, and it has been rising for 12 weeks. Its P/E of 14.3× is higher than 28% of its own last 11 years (as of 3 November 2026). ### Who owns Arvind SmartSpaces? Promoters own 53.8% of Arvind SmartSpaces Ltd, foreign institutions 0.6%, domestic institutions 9.2% and the public 36.4% (latest quarter). The biggest change over the last two years: Promoters raised their stake by 3.5 percentage points over 8 quarters (as of 3 November 2026). ### Where is Arvind SmartSpaces in its business cycle? Arvind SmartSpaces Ltd's FY26 operating margin was 27.0%, against a 12-year range of 19.0% to 33.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 49.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Arvind SmartSpaces story? The main question: profits are rising, but only −82% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Arvind SmartSpaces a stock worth studying right now? What the numbers show: Arvind SmartSpaces Ltd's results are improving, while its P/E is near the low end of its own history over 11 years, higher than only 28% of past readings. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Arvind SmartSpaces share price forecast for 2026? What management itself guided: FY27 bookings growth 35%-40%, translating to ₹2,100-2,200 crore; 4-5-year bookings yearly growth 25%-30%. ## Lists

- Real estate, REIT & cement: https://www.sectoralpha.in/sectors/real-estate-stocks-india

This is research, not advice. We’re not SEBI-registered.