What we do Arkade Developers Ltd is a Mumbai-based real estate company specializing in residential and commercial property development, including redevelopment projects, with over 5 million sq.ft. delivered to date. |
Founded in 1,986 |
Market share A leading developer in Mumbai's Metropolitan Region with 31 projects completed and a robust pipeline worth ₹11,900 crore in sales value. |
Problem solved Provides quality, timely delivered homes addressing urban housing demand and redevelopment needs in Mumbai's key micro-markets. |
Top clients or who we serve Focuses on homebuyers in Mumbai Metropolitan Region; serves both end-users and investors in residential real estate. |
Key management Amit Mangilal Jain (Promoter, Chairman & MD), Arpit Vikram Jain (Whole-Time Director), Sandeep Jain (Whole-Time Director). |
Our journey and innovations Incorporated in 1986; transitioned from private to public in 2023; completed 31 projects; uses advanced construction methods like MIVAN and precast technologies. |
Where we operate Mumbai Metropolitan Region, Maharashtra, India, with projects mainly in Western, Central, and Eastern suburbs. |
Top products or what we offer Residential apartments including greenfield and society redevelopment projects; luxury housing with family-first design philosophy. |
Top brands Projects include Arkade Earth, Arkade Crown, Arkade Rare, Arkade Views, Arkade Vistas, among others; known for on-time delivery and quality. |
Raw materials needed Construction materials such as cement, steel, precast components, and eco-friendly paints used in building projects. |
Raw materials supplier Sourced from multiple local suppliers focused on quality and sustainability; specific names not disclosed. |
Recurring vs cyclical contribution Primarily cyclical revenue dependent on project completion and sales cycles, supported by healthy presales and collections. |
Our industry position Among top real estate developers in Mumbai with an asset-light model, strong cash flows, and rapidly expanding project pipeline. |
Financial highlights FY 2024-25 revenues approx ₹683 Cr, net profit ₹157 Cr; consistent growth with healthy EBITDA margins over 25%. |
Geographical revenue split 100% revenues generated within India, predominantly from Maharashtra’s Mumbai Metropolitan Region. |
Order book Robust pipeline with estimated gross development value of ₹11,900 crore across nearly 4 million sq.ft. saleable area. |
Whats driving growth Strong demand for premium housing, expansion into underpenetrated suburbs, leveraging RERA-compliant faster deliveries. |
Our future plans Launch new projects in Goregaon, Mulund, Bhandup; acquired 4-acre Filmistan land for luxury project; expanding eastern corridor presence. |
Our green promise Adopts energy-efficient technologies, rainwater harvesting, solar power, eco-friendly materials to minimize environmental footprint. |
Our people and values Committed to family-first design; employs over 213 staff; strong focus on employee incentives via ESOPs and inclusive culture. |
Key challenges ahead Market cyclicality, regulatory changes, and material cost inflation are potential risks managed via strong risk frameworks. |
Interesting facts Listed in 2024 via IPO; over 5.5 million sq.ft. developed; known for early project completions ahead of RERA deadlines. |
Risks and strategy Continuous risk assessments guiding land acquisitions, project pacing, and financial prudence to sustain growth amid market volatility. |