Real Estate Industry overview – The real estate sector is one of the recognised sectors at world level. There are 5 sub-sectors included: housing, retail, hospitality, and commercial. The development in this industry is supported by growth in corporate environment and requirement for office area along with urban and semi-urban facilities. The construction sector has achieved 3rd position out of 14 main sectors in terms of direct, indirect and which has created impact on all sectors of economy.
In India. the real estate industry has ranked second position in terms of highest employment generation after agriculture sector. This segment is projected to attract more NRI investment for short- and long-term purposes. Bangalore was projected to be most preferred choice among NRIs for invesment purpose, followed by Ahmedabad, Pune, Chennai, Goa, Delhi, and Dehradun.
Market size of Real Estate – The real estate segment in India is projected to hit USD 1 trillion in market size by 2030, higher from $200 billion in 2021 and making contribution of 13% to country’s GDP by 2025. Retail, commercial, and hospitality are increasing rapidly by providing infrastructure for India’s increasing requirements. The Indian real estate segment is forecasted to observe massive growth by hitting a market size of USD 5 to 7 trillion by FY-2047 with chancing of crossing USD 10 trillion.
In FY-23, the market of India’s residential property observed market value of home sales at highest Rs 3.47 lakh crore observing strong growth of 48%. The sales volume shows strong growth record with 36% increment to 379,095 units sold. In 2023, the requirement of residential properties increased in top 8 Indian cities, led by mid-income, premium, and luxury segments inspite of many issues such as huge mortage rates and property prices.
India’s physical retail sector is looking for huge growth with approx 41 million sq.ft. of retail growth set to be managed between 2024 and 2028 among top 7 cities, including projects in several phases from construction to planning. For first time, the leasing in India’s one of best 7 markets crossed 60 million sq.ft. goal, by hitting amazing total of 62.89 million sq.ft. observing huge growth of 26.4% increment compared to previous year. It is important to note that, December quarter appeared as one the huge busy quarter on records with gross leasing 20.94 million sq.ft.
In FY-24, technology companies held huge share in leasing activity at 22% in first quarter of FY-24. The Engineering and Manufacturing companies contributed 13%, and banking, insurance, and financial services made contribution of 12%. Flexible space operators show growth of 48% showing their huge contributions. As per data provided by Savills India, the demand for real estate data centers is projected to rise by 15-18 million sq.ft. by 2025. Fresh real estate launches among top 7 cities captured market share of 41% in first quarter of 2023 observing an increment of from 26% recorded in same duration in past 4 years. Out of which 1.14 lakh units sold among top 7 cities in first quarter of 2023 with over 41% were fresh launches. In this article, we will learn interesting information about Arkade Developers Share Price Target, market cap, ROCE, ROE, revenue, net profit, established, industry, and employees.
Arkade Developers Ltd – Key Points
Name of the promoter
Mr. Amit Mangilal Jain
Industry
Real Estate
Established
1986
Headquarters
Mumbai, Maharashtra
Development in progess
2 million sq. ft.
Development delivered
5.5 million sq.ft.
Delivered successfully
30 projects
Legacy
38+ years
Arkade Developers Ltd – Statistics
Market cap
Rs 3,120 crores
ROCE
45.2%
ROE
46.9%
Book value
Rs 44.5
Face value
Rs 10
Stock PE
21.8
About Arkade Developers Ltd
Arkade Developers Ltd is rapidly growing real estate company with strong presence in Mumbai, Maharashtra. The business of company focuses on building premium quality residential buildings in Mumbai, Maharashtra, India’s commercial capital. On 31st July, 2023, the company has constructed 1.8 million square feet of residential building through conducting partnership in which company acquires major portion of stake. The company is involved in constructing new projects and recnstruction of new buildings. Between 2017 and Q1 of 2023, the company has introduced 1,040 residential units and sold 792 residential units various markets in MMR, Maharashtra.
The company has build good track record of delivering projects on time and from FY-2003 to March 2023, the company has successfully completed reconstruction of 9 projects in western suburbs of Mumbai and 1 project in south-central Mumbai woth total constructed area of 6,48,000 square feet. This good track record has set as one of the main leader of reconstruction in Western region of Mumbai. The operations of business are systematically located in Mumbai, one of the great and most costly real estate markets in India. From FY-2017 to Q1 2023, the MMR, Maharashtra has made huge contribution in huge annual sales share of residential units among top 7 cities in India with a range from 27% to 32%. With an average the sales in MMR, Maharashtra made contribution of 30% of total residential unit adoption during this period.
Moreover, the residential market in MMR, Maharashtra achieves unique position in terms of most expensive among top 7 cities in India with market price of Rs 12,200 sq. ft. as of Q1 2023. Within MMR, Maharashtra the operations of business are systematically located and from 2017, the company is top 10 real estate developers in terms of delivery in Goregaon East, Borivali West, Anfheri East, and Santacruz West micro-markets.
The company has developed strong image and good track record by taking benefit of lineage. The promoter of company is Mr. Amit Mangilal Jain a second generation real estate entrepreneur whose family is engaged in building real estate since 1986. The company has given strong brand image in MMR, Maharashtra and good track record based on customer approach and the business model highlights on building high end and premium budget designed, durable residential buildings with best luxurious facilities in high density areas in MMR, Maharashtra. The commpany has maintained good track record of delivering projects on time which is main part of brand.
The company has build projects at different price range, the company is currently building projects at very broad price point range from Rs 9.44 million to Rs 62.53 million. The current portfolio of underconstruction projects include Arkade Crown, Arkade Aspire, Arkade Nest, Arkade Prime, Arkade Aura. In past 2 decades, the company has delivered 27 projects with total of 4 million square feet of development and have fulfilled more than approximately 4,000 customers. The projects are funded through mix of promoter equity and internal accruals. The company is currently building 2 million square feet across 5 under construction projects and 2 upcoming projects.
The company has increased its in-house team and capacity to conduct proper checking of project development from conceptualisation to completion – land acqisition, construction, legal, marketing, and sales. The company has maintained list of vendors such as architects, structural engineers, designs, and landscape consultants with whome company works closely to deliver projects on-time. The company has established in-built project management team to concentrate on procurement efficiencies, construction activities, and vendor selection. The in-house sales team is encouraged by distribution channel of multiple non exclusive and selected distribution partners which fulfill requirements of high-net-worth individuals and NRIs. The company has dedicated team of customer relationship and after sales team which encourages customer from property booking stage till final delivery of property.
The company has developed strong relations with professionals in real estate development segment who are part of residential projects such as architects, structural engineers, RCC, interior designers, gardening consultants, and landscape. The company has team of professionals for each segment and they are observed based on technical skills, good track record of time and cost efficiency. The company appoints professionals based on project and implement project-based contracts by taking into account several factors from suitability to scale of project, costing, and availability.
The company observes and acquires land as per requirement and after checking and reviewed the need for of residential housing project in the area. Moreover, in-house team accurately monitors the proposed site and consider several factors such as dimensions of land, near to public infrastructure such as hospitals, schools, connectivity, legal issues such as title clear.
The company has adopted inclusive business model from with in-built resources from project starting to project completion. The in-house resources include legal team, purchase, business development, contracts, sales and marketing team. The legal team conducts proper verification of properties to be acquired for project development and negotiates agreement for which company enters into redevelopment projects. conducting proper verification of property helps to avoid disputes which may be connected with land parcel and which supports to deliver disputes free property to buyers. The business development team conducts survey of land in premium areas within micro-markets with huge development scope and concentrates on acquiring land at genuine prices.
Revenue and net profit
Particulars
FY-24 (Rs. in crores)
Sales
635
Expenses
467
EBITDA
168
Other income
2
Interest
3
Depreciation
1
Profit before tax
165
-Tax (%)
(26%)
Net profit
123
EPS in Rs.
8.08
Balance sheet (FY-24)
Liabilities
Rs
Assets
Rs
Equity Capital
152
Fixed Assets
14
Reserves
171
CWIP
0
Borrowings
71
Investments
18
Other Liabilities
180
Other assets
543
Total Laibilities
575
Total assets
575
Shareholding Pattern (March 2025)
Promoters
71.09%
FIIs
0.47%
DIIs
0.14%
Public
28.30%
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Arkade Developers Ltd Share Price Target – 2025 to 2040
Year
Minimum price (Rs)
Average price (Rs)
Maximum price (Rs)
2025
168
177
185
2026
190
204
217
2027
220
236
252
2028
258
281
303
2029
307
327
347
2030
350
388
426
2035
700
734
768
2040
1398
1416
1434
Arkade Developers Ltd Share Price Target – 2025
If market observes downward trends, the minimum projected price is anticipated to hit Rs 168. The average trading price is projected to hit Rs 177 at the mid of the year. If market observes bullish sentiments, the maximum forecasted price is expected to touch Rs 185. The sales team of company manages property transactions such as by advertising, interconnecting with partners and vuilding several strategies to expand business. The company believes that strong relations with customers is important in real estate business and sales team along with customer relation team develops strong customer distribution channel by providing customized services through sales process.
Arkade Developers Ltd Share Price Target – 2026
If market observes downward signals, the minimum forecasted price is anticipated to touch Rs 190. The average trading price is projected to hit Rs 204 at the mid of the year. If market observes bullish sentiments, the maximum forecasted price is expected to hit Rs 217. The company has belief that customers acts as brand ambassadors and spread mouth publicity which helps to grow business. The company has strong conviction that customer based business model encourages to achieve success in competitive markets. The marketing team plays important role in bringing huge success by exceute systematic ideas to market and sell projects.
Arkade Developers Ltd Share Price Target – 2027
If market observes downward trends, the minimum projected price is estimated to hit Rs 220. The average trading price during the mid of the year is projected to hit Rs 236. If market observes bullish sentiments, the maximum projected price is estimated to hit Rs 252. The marketing team conducts extensive market research and implements exhaustive marketing ideas by observing marketing purpose, identifying targeted markets, selecting proper marketing mediums such as print media, social media, digital advertising, and events. The marketing team acts as key role in increasing sales, setting brand awareness through several strategies and implementing strong brand reputation.
Arkade Developers Ltd Share Price Target – 2028
If market observes downward sentiments, the minimum projected price is estimated to touch Rs 258. The average trading price during the mid of the year is projected to hit Rs 281. If market observes bullish sentiments, the maximum forecasted price is expected to hit Rs 303. The company believes that marketing team adopt various traditional strategies and effective leveraging of third party based resources such as real estate based digital search platforms, supports us to reach targeted customers which leds to sales in property and build sustainable business growth. The key reason for huge success and growth in past few years has been capacity to offer consistent better projects within time.
Arkade Developers Ltd Share Price Target – 2029
If market observes downward sentiments, the minimum projected price is estimated to hit Rs 307. The average trading price is projected to hit Rs 327 at the mid of the year. If market observes bullish sentiments, the maximum forecasted price is estimated to hit Rs 347. The main focus of company is to deliver affordable residential buildings to buyers in huge density regions of MMR, Maharashtra while use best quality of construction and fulfilling life style dreams. The company emplys deep experience civil engineers who provide labour for development of buildings where company purcahses raw materials like, steel, ready to mix concrete, cement. The engineers and supervisors consistently review construction work at site.
Arkade Developers Ltd Share Price Target – 2030
If market observes downward sentiments, the minimum projected price is estimated to hit Rs 350. The average trading price is projected to hit Rs 388 at the mid of the year. If market observes bullish sentiments, the maximum forecasted price is estimated to touch Rs 426. The company hires multiple contractors for different construction work and the company implements projects based certain contracts such as gypsum work, tiling work, frame and railing works, water lines, water proofing, plumbing and sanitation.
Arkade Developers Ltd Share Price Target – 2035
If market observes downward sentiments, the minimum projected price is estimated to hit Rs 700. The average trading price is projected to hit Rs 734 at the mid of the year. If market observes bullish sentiments, the maximum forecasted price is expected to touch Rs 768. The company provides job to talented professionals in safety and quality departments who consistently checks various aspects of construction quality, the security of workers and issues around surrounding. The quality management team constantly works to deliver best quality to enhance standards. All construction projects must follow strict quality parameters.
Arkade Developers Ltd Share Price Target – 2040
If market observes downward signals, the minimum projected price is expected to touch Rs 1398. The average trading price is forecasted to hit Rs 1416 at the mid of the year. If market observes bullish sentiments, the maximum projected price is estimated to hit Rs 1436. Once the company finalises the project, marketing start immediately. The company work with various agencies for designing and executing marketing schemes such as site dressage, print and digital marketing, 3D walk through print. The company executes several media for publicity such as outdoor media, digital media, print, radio. Moreover, company manages various marketing initiatives during construction of project to generate leads.
FAQs
Q1) Who is the owner of Arkade Developers Ltd?
Ans – Theowner of Arkade Developers Ltd is Mr. Amit Mangilal Jain.
Q2) What do Arkade Developers Ltd do?
Ans – The company is involved in building residential premises for over three decades and is one of the most respected real estate developers in Mumbai.
Q3) What is the PE ratio Arkade Developers Ltd?
Ans – ThePE ratio Arkade Developers Ltd is 21.3 times.
Q4) What is the debt-to-equity ratio of Arkade Developers Ltd?
Ans – Thedebt-to-equity ratio of Arkade Developers Ltd is 21.46%.
Q5) What is the valuation of Arkade Developers Ltd?
Ans – The Arkade Developers Ltd is small cap company with market cap of Rs 3,045 crores.
Q6) Who are the competitors of Arkade Developers Ltd?
Ans –Yes,Arkade Developers Ltd is a debt-free company. The Long-term borrowings is Rs 47 crores and Short-term borrowings is Rs 27 crores. The cash and bank balance is Rs 420 crores.
Q8) Is Arkade Developers Ltd a good share to buy?
Ans – Yes,Arkade Developers Ltd is a good share to buy for long-term purpose. the net profit of company in FY-21 was Rs 22 crores which has increased to Rs 123 crores in FY-24. The revenue of company in FY-21 was Rs 106crores which has increased to Rs 635 crores in FY-24.
