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ARKADE DEVELOPERS LIMITED Capital/Financing Update 2025

Apr 23, 2025

59919_rns_2025-04-23_d10903a5-13dd-469c-84c2-d1e67980da62.pdf

Capital/Financing Update

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  • Ref No.: ADL/SE/25 26/7

Date: April 23, 2025

To, To, The Manager The Manager Corporate Relationship Department Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal Street, Bandra (East), Mumbai - 400 001 Mumbai - 400 051 BSE Scrip Code -544261 NSE Symbol :ARKADE

Dear Sir/Madam,

Sub- Key Operational updates for FY 2024-25- Revised

Dear Sir/Madam,

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, we write to inform you that earlier to our intimation dated 22[nd] April, 2025, Press release on Key operational updates for FY 2024-25, we inadvertently mentioned 15.5 acres instead of 17.5 acres and the projected GDV as 8590 Crs. instead of 6790 Crs., it should be read as :

  • Cumulatively acquired 17.5 acres of land parcel in western suburbs with a projected GDV of INR 6790 crores

Except as mentioned above, all other information’s mentioned in the Press release remain unchanged.

We enclose herewith a copy of the press release issued by the company in this regard.

You are requested to take the above information on your records.

Thanking You, For Arkade Developers Limited

(Formerly known as Arkade Developers Private Limited)

AMIT Digitally signed by AMIT MANGILAL JAIN DN: c=IN, o=Personal, title=9691, 2.5.4.20=4ecc0b692dd30c576a84773 3f57a5cdafaf69e1b475921107d680d 07ab6298b7, postalCode=400057, MANGIL st=Maharashtra, serialNumber=36db146b044b87d179 433d3c13a51c336d1696f454b4a158d 8bafb115d1b85f5, cn=AMIT MANGILAL JAIN AL JAIN Date: 2025.04.23 15:47:11 +05'30'

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Amit Mangilal Jain Managing Director DIN: 00139764

Encl: As above

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Arkade Developers witness robust growth, recorded

₹773 crores in pre-sales in FY24-25

Key Highlights for FY24-25:

  • Area sold recorded at 249000 sq. ft. , YoY growth up by 22.7%

  • Pre-Sales stood at INR 773 crores , up by 19.8% YoY

  • Collections closed at INR 716 crores , recording growth of 21.8% YoY

Mumbai, 22[nd] April 2025 : Listed entity Arkade Developers Limited, a prominent luxury real estate developer in Mumbai, announced its operational performance for the fourth quarter ended on 31[st] March 2025 and FY 2024-25.

Operational Performance:

A) Pre-Sales -

During FY25, Arkade Developers achieved robust pre-sales of INR 773 crores , marking a 19.8% increase from INR 645 crores. This growth reflects the continued demand for the residential portfolio of Arkade in the Mumbai region.

B) Collections -

Collections for the year stood at INR 716 crores , up by 21.8% when compared to the previous year, driven by strong execution and sustained customer confidence.

C) Area Sold -

Arkade sold 249,000 sq. ft. in FY25, compared to 203,000 sq ft in FY24, recording a 22.7% YoY growth. This unprecedented growth reflects improved project uptake and velocity.

Quarterly Performance – Q4 FY25 -

  • Pre-Sales: INR 217 crores , up 10.6% YoY

  • Collections: INR 238 crores , up 35.2% YoY

  • Area Sold: 70,000 sq ft up 9.4% YoY

Full Year Comparison:

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----- Start of picture text ----- Particulars FY 2024-25 FY 2023-24 % ChangePre-Sales (Rs. crores) 773 645 19.8%Collection (Rs. crores) 716 588 21.8%Area Sold ( '000 Sq.ft.) 249 203 22.7%----- End of picture text -----

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Q4 Comparison:

Q4 Comparison:
Particulars Q4 FY25 Q4 FY24 % Change
Pre-Sales (Rs. crores) 217 196 10.6%
Collection (Rs. crores) 238 176 35.2%
Area Sold ( '000 Sq. ft.) 70 64 9.4%

FY24-25 Achievements:

  • Launched three projects in the Mumbai - Arkade Rare (Bhandup), Arkade Views & Arkade Vistas (Goregoan)

  • Received 4 OC’s ahead of the RERA schedule – Arkade Crown, Arkade Aspire, Arkade Aura and Arkade Prime

  • 650+ possessions – a testament to timely delivery

  • Cumulatively acquired 17.5 acres of land parcel in western suburbs with a projected GDV of INR 6790 crores

Mr. Amit Jain, Chairman and Managing Director, Arkade Developers , said, "FY25 was a year of consistent performance and robust momentum. With a sharp focus on timely execution, sales velocity and customer satisfaction, we have witnessed significant growth in top-line sales and collections. The improved operational efficiency and disciplined project management have laid a strong foundation for future pipelines. As we enter FY26, we remain committed to scaling our development footprint across Mumbai, while delivering value to all our stakeholders.”

About Arkade Developers Limited: (NSE: ARKADE | BSE: BOM: 544261)

Arkade Developers is a leading luxury real estate developer in Mumbai and is listed on both the BSE (BOM:544261) and NSE (ARKADE). With a rich legacy spanning over 39 years, the company has established itself as a symbol of quality and excellence.

Under the leadership of Chairman and Managing Director Mr. Amit Jain, Arkade Developers has transformed into one of Mumbai’s most respected real estate firms.

Founded in 1986, the company has completed 31 projects, creating homes for over 5,500 happy families. Guided by the core philosophy of "Family First," Arkade Developers focuses on building family-friendly homes and upholds values such as trust, transparency, commitment, and happiness.

Known for its timely project deliveries, Arkade Developers has made a significant mark in the Mumbai real estate sector, having developed over 5.5 million square feet of property, with an additional 2+ million square feet currently under construction.

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The company's commitment to quality is reflected in its meticulous planning, innovative designs, and use of advanced technologies, which ensure that every project is delivered on time and to the highest standards.

39 years of legacy | 31 projects completed | 5.5+ M sq. ft. developed | 2+ M sq. ft. under development | 5500+ Happy Families | Listed on BSE & NSE | Pioneers in Timely Delivery

To know more, click: www.arkade.in

Media Contact:

Arkade Developers Limited Riddhi Vira – [email protected] | 9619776362