Arvind SmartSpaces Limited (ARVSMART) has delivered record Q2 FY27 performance with a 110% surge in bookings, driven by successful launches and strong sustenance sales. The company reported bookings of ₹ 906 Cr, collections of ₹ 418 Cr, revenue of ₹ 157 Cr, and an adjusted EBITDA of ₹ 45 Cr. Commenting on the results, Mr. Priyansh Kapoor, Managing Director & CEO, stated, ‘We are pleased to report our highest-ever quarterly and half-yearly bookings as well as collections during the quarter, this achievement is driven by successful launches, strong sustenance engine, and disciplined execution across our projects.’ Moreover, the company has made significant progress on the business development front, adding projects with a gross development value of ₹ 3,100 crore in H1 FY27. Looking ahead, the company remains positive about the opportunities in its focus geographies and aims to convert its strong pipeline into launches and deliveries while staying prudent on capital and uncompromising on governance.

Key Financial Metrics

The financial performance highlights include:• Bookings increased 110% to ₹ 906 Cr• Collections increased 77% to ₹ 418 Cr• Net Operating Cash Flows increased 88% QoQ and 22% YoY to ₹ 152 Cr in Q2 FY27• Reported Revenue, Adj. EBITDA & PAT stood at ₹ 157 Cr, ₹ 45 Cr, and ₹ 23 Cr respectively

New Developments

In September 2026, the company entered into a joint development agreement for a residential high-rise project in Sarjapur Road, Bengaluru, with an estimated revenue potential of approximately ₹ 470 crore and a saleable area of around 3.60 lakh sq.ft. This acquisition, together with last quarter’s additions, takes the company’s FY27 new business development to a total top-line potential of approximately ₹ 3,100 crore.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Arvind SmartSpaces Limited

Arvind SmartSpaces Limited belongs to the Real Estate › Real Estate – Development sector. Here’s a quick read on where the business and the stock stand today.

Arvind moves sideways over three months, with neither buyers nor sellers taking control. The PEG of 0.27 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Premium net margins of 23.6% demonstrate strong cost discipline and a wide competitive moat. The stock holds at 56% of its 52-week range with RSI at 52. In other words, neither side has a clear edge right now. Both the business and the stock move in the right direction. Revenue grows at 31.5%, profits at 55.6%, and the PEG sits at 0.27 — below its growth rate. That combination is rare. Check Fundamentals of Arvind SmartSpaces Limited.

Shriram Properties Limited (SPL), one of India’s leading residential real estate developers, has announced the appointment of Mr. Ramesh Narain Parbat as Independent Director on its Board for a five-year term, subject to shareholders’ approval. The focus keyword, Shriram Properties Limited SHRIRAMPPS November 2026 appointment, highlights this significant move aimed at strengthening the company’s governance framework.

Distinguished Tax Professional

Mr. Ramesh Narain Parbat is a distinguished tax professional with over 35 years of experience in the Indian Revenue Service (IRS). He retired in October 2025 after serving as a Member of the Central Board of Direct Taxes (CBDT), the apex policy-making body for direct taxation in India. His expertise includes spearheading India’s direct tax legislative and international taxation initiatives, including the drafting of the Income-tax Act, 2025.

Enhancing Governance

His appointment is aimed at further strengthening the Company’s governance framework by bringing to the Board his extensive experience and valuable insights in public administration, taxation, fiscal policy, and regulatory affairs. His tenure as a Member of the CBDT is expected to bring valuable perspectives to the Board’s deliberations on policy matters, regulatory developments, financial governance, and institutional oversight.

Commenting on the appointment, Mr. M. Murali, Chairman and Managing Director, said: “We are delighted to welcome Mr. Ramesh Narain Parbat to the Board. His distinguished career in the Indian Revenue Service, coupled with his extensive experience in public administration, taxation, and fiscal policy, particularly his leadership as a Member of the Central Board of Direct Taxes, will bring valuable insights and perspectives to the Board. We are confident that his experience and guidance will enrich the Board’s deliberations, further strengthen our governance practices, and enhance strategic oversight as the Company continues to pursue its growth ambitions.”

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Shriram Properties Limited

Shriram Properties Limited belongs to the Real Estate › Real Estate – Development sector. Here’s a quick read on where the business and the stock stand today.

Shriram drops 22.3% over three months and trades near its 52-week lows. Thin margins at 7.3% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The business compounds revenue at 24.9% and profits at 15.2% CAGR. That is strong double-digit growth on both counts. The stock sits at 18% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 24.9% CAGR — a respectable pace. However, the stock drops 22.3% in three months without an obvious fundamental trigger. Sector-wide pressure or a valuation re-rating can persist for longer than expected. Therefore, there is no rush to step in. Check Fundamentals of Shriram Properties Limited.

Indiabulls Limited today announced its financial and operational results for the quarter ending 30th September 2026. The company’s profit after tax (PAT) more than doubled, reflecting robust performance across its segments. Notably, the real estate division’s gross development value (GDV) pipeline expanded to ₹27,308 crore, driven by new project additions and strategic growth initiatives.

Equity Funded Growth

During the quarter, Indiabulls Limited received ₹250 crore, representing 25% of the ₹1,000.07 crore preferential capital raise approved to fund its growth pipeline entirely through equity. The company continues to maintain a zero net debt position, ensuring financial stability.

Real Estate Operations

The company added a new project on the Dwarka Expressway through a development management arrangement, with a GDV of ₹3,700 crore and a saleable area of 21 lakh sq.ft. The portfolio now stands at a GDV of ₹27,308 crore across 13 projects, spanning 133.2 lakh sq. ft. As of 30 September 2026, the company had recorded bookings of ₹3,060 crore and collections of ₹541 crore, with 1,018 units sold across 23.85 lakh sq.ft.

Financial Services

As of September 2026, the company’s asset reconstruction platform, IARCL, reported fee-paying Assets Under Management (AUM) of ₹588.41 crore, assets under collection of ₹4,049.81 crore, and the capital adequacy ratio stood at 100.07%, significantly higher than the regulatory minimum requirement of 15%. The company’s broking business added 19,034 new clients during the period, representing a 149% year-on-year increase, taking its total client base to 9.8 lakh.

Looking ahead, Indiabulls Limited expects to further expand its real estate development pipeline to approximately ₹30,000 crore GDV during this quarter. The company remains focused on sustainable growth, operational discipline, and value creation for stakeholders.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Indiabulls Limited

Indiabulls Limited belongs to the Real Estate › Real Estate – Development sector. Here’s a quick read on where the business and the stock stand today.

Indiabulls gains 22.2% over three months and trades near its 52-week highs. The PEG of 0.45 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Industry-leading margins of 36.1% reflect exceptional pricing power and operational efficiency. Buyers show up with 1.6x the volume of sellers. Moreover, they dominated on 17 of recent sessions versus 13 for sellers — a healthy accumulation pattern. Both the business and the stock move in the right direction. Revenue grows at 1863.2%, profits at 42.4%, and the PEG sits at 0.45 — below its growth rate. That combination is rare. Check Fundamentals of Indiabulls Limited.