Arkade Developers Ltd. is a small-cap real estate company in India. On 24 September 2024, the company was listed in the NSE and BSE with good listing gains. The real estate sector is likely to overgrow in the long term, which can benefit Arkade Developers’ share price target for 2024, 2025, 2026, and upcoming years.
The company is a small-cap company but it is a good company as a low-debt company, has zero promoter pledge, is a profitable company, profits are increasing each year, and many more good things that are in the company’s favor.
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About Arkade Decelopers Ltd?
Arkade Developers Ltd company was founded in 1986. It is a small-cap real estate company which is primarily works in Mumbai. The company has been one of the top 10 developers since 2017 in Borivali West, Goregaon East, and Santacruz West.
As of now, the company has completed 28+ projects, 6 ongoing projects, and 6 upcoming projects. Some completed, upcoming, and ongoing projects of the company are-
Completed Projects
- Arkade Crown (June 2024)
- Darshan by Arkade (December 2022)
- Arkade Serene (February 2023)
- Green Avenue (2022)
- Park Side (2004)
- Harmoney (2006)
- Casa Bella (2007)
- Arkade Bhoomi Heights (2008)
- Vineet Apartments (2008)
- Bhoomi Arkade (2009)
- Jeevan Sarita (2016)
- Arkade Adornia (2017)
- Arkade Art (2018)
- Acropolis (2019)
- Arkade Rise (2020)
- and many more completed projects…
Ongoing Projects
- Arkade Rare
- Arkade Views
- Arkade Vistas
- Arkade Pearl
- Arkade Eden
- Arkade Nest
- Arkade Prime
- Arkade Aura
Arkade Developers Ltd’s Scrip Info
| NSE | ARKADE |
| BSE | 544261 |
| ISIN | INE0QRL01017 |
| SECTOR | CONSTRUCTION |
Company Analysis
Below you’ll find Arkade Developers Limited’s company information like financials, fundamentals, and shareholding patterns. This information plays an important role in identifying good companies for investing.
Note: The shared information is not enough for a complete analysis of any company or stock. Kindly cross-check this information with any screener or broker.
Note: All the values are in (₹) Rupees Crore.
| Quarter | Net Profit & Loss |
|---|---|
| Sep 2023 | ₹ |
| Dec 2023 | ₹ |
| Mar 2024 | ₹ |
| Jun 2024 | ₹ |
| Sep 2024 | ₹ |
| Year | Net Profit & Loss |
|---|---|
| Mar 2020 | NA |
| Mar 2021 | ₹22 |
| Mar 2022 | ₹51 |
| Mar 2023 | ₹51 |
| Mar 2024 | ₹123 |
Note: It is the company’s financial performance data, typically released every three months (quarterly) or once a year (annually).
| Market Cap | ₹2,844Cr | ROE | 37.98% |
| P/E Ratio (TTM) | 23.14 | EPS (TTM) | 6.62 |
| P/B Ratio | 3.77 | Div. Yield | 0.00% |
| Industry PE | 23.45 | Book Value | 40.58 |
| Debt to Equity | 0.22 | Face Value | 10 |
| Held By | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|
| FIIs | NA | NA | NA | NA | 5.16% |
| DIIs | NA | NA | NA | NA | 2.15% |
| Public | NA | NA | NA | NA | 21.88% |
| Promoters | NA | NA | NA | NA | 70.82% |
| Other Holders | NA | NA | NA | NA | 0.00% |
Key Insights
- Low debt company.
- Zero promoter pledge.
- Earnings have improved over the years.
- Promoters hold 70.80% of the company.
- Arkade Developers is making a profit consistently.
- Annual net profits have been increasing for the past 2 years.
- The company is not able to generate cash (declining net cash flow).
- As of now, the company’s PE Ratio (TTM) is close to its industry PE. It means the stock is not expensive.
Arkade Developers Share Price Target
Arkade Developer’s share price target for 2024, 2025, and 2026 looks positive side because of one of the top 10 real estate developers near Mumbai for years, has had low debt on the company, has zero promoter pledge, many projects on which the company is already working. Through this IPO company will be able to expand its business as well.
Most investors are bullish on the sector because of the high expected growth of the sector in the long term. In the long term, the sector small-cap stock can deliver multi-bagger returns.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹170 | ₹180 |
| 2025 | ₹200 | ₹400 |
| 2026 | ₹500 | ₹700 |
Disclaimer: We are not SEBI registered, this post is only for educational purposes. We give the stock price targets based on analysts’ research, news, price action, etc. Please do research or talk to your financial advisor before making any decision.
Arkade Developers Share Price Target 2024
On the listing day, the Arkade Developers stock was listed at Rs. 175 and made a high of Rs. 190 and then it started falling. As of 09 October 2024, the stock is trading at Rs. 153.28 (market closing). It is approximately down by Rs. 37 from its 52-week high.
After the fall, the stock started recovering, and possibly in the next few months, the Arkade Developers share price target for 2024 is near Rs. 170 to Rs. 180. As of now, the whole Indian stock market is bearish so, expecting a big target can be risky.
Arkade Developers Share Price Target 2025 and 2026
Arkade Developers is a small-cap company and it announced an IPO with an issue size of Rs. 400 Crore where the price range was Rs. 121 to Rs. 128. The stock is listed in the stock market with a listing gain of 36%.
Arkade Developers Ltd company will use the money for various purposes like general corporate purposes, funding land acquisition, and funding development expenses. By investing money into these, the development process can be fast which can lead to getting and working on more projects.
By 2024, the real estate market is expected to reach nearly Rs. 27 lakh crore (USD 0.33 trillion). In 2047, i.e. in the next 23 years, the sector can reach nearly Rs. 483 lakh crore (USD 5.3 trillion). It is a huge jump and most of the real estate stock may give a multibagger return by this period.
In summary, the future of the Arkade Developers’ share price target for 2025 and 2026 is bright as it can go near Rs. 500 to Rs. 700. All these things indicate massive growth in the sector for the long term.
FAQs
After a continued fall the Arkade Developers stock is again seems bullish. In the next few months, we can see the stock trading near Rs. 170 to Rs. 180.
If you are a short-term trader then do not forget the keep a strict SL to avoid massive losses during high volatility in the stock or stock market.
No doubt it is one of the best small-cap real estate sector companies as it is profitable, has low debt, zero promoter pledges, and many more good things.
As of now, the company has completed more than 28+ projects in Mumbai as the company primarily works in Mumbai. Also, there are many projects which are ongoing and upcoming. You can check the project details on their official website.
For the very long term, I’m sure that you are going to generate massive returns from the sector’s stocks. It is because the current market of the sector is around Rs. 27 lakh crore and it is going to reach nearly Rs. 483 lakh crore by 2047. It’s a 23-year journey but those who will enter the sector are going to be very rich.
As of now, there are more than dozens of socks in the sector where risk is low but stocks like Arkade Developers have high risk. So, it’s up to you where you invest.
Final Words
Arkade Developers is a small-cap company in the real estate sector. As it is a financially strong company and raised Rs. 410 crore to develop the ongoing and upcoming projects quickly. In the next 23 years, the real estate sector is likely to grow by Rs. 456 lakh Crore from Rs. 27 lakh crore to Rs. 483 lakh crore. If you like the stock, the prediction of Arkade Developers’ share price target for 2024, 2025, and 2026 help you.
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