Arkade Developers Declares ₹1 Interim Dividend for FY26; Promoters Forgo Entitlement

Mumbai, July 25, 2025 — Arkade Developers Ltd (NSE: ARKADE | BSE: 544261) today announced the declaration of its first interim dividend of ₹1 per equity share for FY2025–26, following the Board of Directors’ meeting held earlier in the day. This payout corresponds to 10% of the face value of ₹10 per share.

Interim Dividend Details

• The company has declared a first interim dividend of ₹1 per equity share for FY26.
• The face value of each share is ₹10.
• The record date to determine eligible shareholders is August 1, 2025.
• The dividend payment will begin on or before August 12, 2025.
• Payment will be made via direct credit, demand draft (DD), or warrant.

Notably, promoter Amit Mangilal Jain and executive directors Arpit Vikram Jain and Sandeep Ummedmal Jain have voluntarily waived their right to receive the interim dividend to enhance shareholder value.

Financial Highlights: Q1FY26 (Standalone)

• The company reported a strong quarterly performance for the period ended June 30, 2025.
• Revenue from operations rose to ₹15,944.58 lakh, up 27.2% YoY and 21.3% QoQ.
• Total income stood at ₹16,554.72 lakh, marking a 31.8% increase YoY and 23.3% growth QoQ.
• Profit before tax (PBT) came in at ₹3,820.15 lakh, down 6.6% YoY and 16.0% QoQ.
• Net profit declined to ₹2,875.53 lakh, a drop of 4.8% YoY and 13.5% QoQ.
• Earnings per share (EPS) decreased to ₹1.55, compared to ₹1.99 last year and ₹1.79 in the previous quarter, reflecting a 22.1% YoY and 13.4% QoQ decline.

Consolidated Performance (Q1FY26)

• Total income for Q1FY26 stood at ₹16,522.68 lakh, up from ₹13,434.30 lakh in Q4FY25 and ₹12,551.51 lakh in Q1FY25.
• Net profit attributable to owners came in at ₹2,875.53 lakh, lower than ₹3,326.26 lakh in the previous quarter and ₹3,022.14 lakh in the same quarter last year.
• Earnings per share (EPS) stood at ₹1.55, down from ₹1.79 in Q4FY25 and ₹1.99 in Q1FY25.

IPO Proceeds Utilisation Update

• Arkade raised ₹41,000 lakh through its IPO in FY25.
• As of June 30, 2025, the company had utilised ₹30,394.98 lakh, leaving ₹7,711.52 lakh unutilised.
• For development expenses, ₹25,000 lakh was allocated, out of which ₹17,492.18 lakh has been spent.
• ₹7,507.82 lakh remains unutilised under this category.
• Towards land acquisition and general corporate purposes, ₹13,106.50 lakh was allocated.
• Of this, ₹12,902.80 lakh has been utilised, with only ₹203.70 lakh pending.

Unutilised funds are temporarily parked in fixed deposits with scheduled commercial banks.

Strategic Outlook

Arkade operates in a single segment: Real Estate Development. Following its IPO in September 2024, the company continues to deploy funds into its pipeline of projects, signalling long-term confidence in urban housing demand.

Arkade Developers Stock Performance

Arkade Developers shares closed at ₹197.18, which is a 2.74% dip on July 25, 2025. Arkade Developers shares gained 18% in the last year, 11% in the year-to-date, and up 1.44% in the previous month. The stock opened at ₹201.47 and moved between a high of ₹204.86 and a low of ₹197.00 during the session. The company’s market capitalisation stands at ₹3,660 crore. Over the past year, the stock has touched a 52-week high of ₹213.69 and a 52-week low of ₹128.15.

About Arkade Developers

Arkade Developers Ltd is a publicly listed real estate development firm focused on residential and mixed-use projects across the Mumbai Metropolitan Region. The equity shares are listed on both NSE and BSE.

REF:https://nsearchives.nseindia.com/corporate/ARKADE_25072025151002_Outcome_BM_Final.pdf

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