Arvind SmartSpaces Ltd (NSE:ARVSMART)
₹ 663.15 -2.4 (-0.36%) Market Cap: 30.44 Bil Enterprise Value: 35.76 Bil PE Ratio: 31.09 PB Ratio: 4.69 GF Score: 91/100

Q3 2025 Arvind Smartspaces Ltd Earnings Call Transcript

Jan 30, 2025 / 06:30AM GMT
Release Date Price: ₹763.75 (+2.76%)

Key Points

Positve
  • Arvind SmartSpaces Ltd (BOM:539301) reported a significant increase in revenue, up by 146% year-on-year for the nine months, reaching around 550 crores.
  • The company achieved a strong growth in collections, increasing by 18% year-on-year to 229 crores in Q3 FY25.
  • Arvind SmartSpaces Ltd (BOM:539301) has a robust project pipeline with a topline potential of approximately 3,850 crores.
  • The company has successfully entered the MMR region with a significant 1,500 crore horizontal project, marking a milestone in its growth journey.
  • The balance sheet remains strong with net debt negative at 196 crores, reflecting solid underlying business performance and healthy operating cash flows.
Negative
  • Sales bookings for Q3 FY25 were down 20% compared to the same period last year, primarily due to delays in project launches in Bangalore.
  • The launch of a major project in Bangalore has been delayed due to regulatory and legal issues, potentially impacting sales targets.
  • There is a possibility of a 10% impact on growth targets for the current year if the delayed project launch does not occur as planned.
  • The company faces challenges in the Surat project due to technical and legal issues, delaying its launch by a couple of quarters.
  • Despite strong financial performance, there is a concern about the slower sales in certain micro-markets, particularly in the villa segment.
Operator

Ladies and gentlemen, good day and welcome to the Q3 FY25 earnings conference call for Arvind Smartspaces Limited. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Smit Shah from Adfactors. Thank you and over to you, sir.

Smit Shah
Adfactors PR - Analyst

Thank you. Good afternoon, everyone and thank you for joining us on the Q3 and nine MF 525 results conference call of Arvind Smartspaces Limited.

We have with us today on the call, Mr Kamal Singh, managing director and CEO Mr Avina Suresh, Chief Operating Officer, Mr Mitan Sua, Chief Financial Officer, Mr Prakash Makana Company secretary and Mr Vikram Rasp. Put head investor relations.

Please note that a copy of the disclosure is available on the investor section of the website of Arvin Smart Spaces Limited as well as on the stock exchanges. Please do note that certain things that said on this call that reflect the outlook towards the future, which could be construed as a forward-looking statement must be reviewed in

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