Archive · 26 Dec 2025
Arvind SmartSpaces Management Change and Growth Plans
Arvind SmartSpaces has a new CEO, Priyansh Kapoor, who has a lot of experience in real estate.
The company is planning to grow a lot in the next few years.
They want to sell more homes and build new projects in cities like Ahmedabad, Vadodara, Mumbai, and Bengaluru.
The new leaders are focusing on making things more efficient and faster.
They also want to make sure the company has strong finances and uses its money wisely.
Experts think the company's stock is a good buy and could be worth more in the future.
Arvind SmartSpaces has a new CEO, Priyansh Kapoor, with over 10 years of experience in Mumbai real estate.
The company reaffirmed its FY26 pre-sales growth guidance of 30-35% with a robust launch pipeline.
New projects in Ahmedabad, Vadodara, MMR, and Bengaluru are expected to strengthen sales and execution momentum in H2.
Arvind SmartSpaces focuses on asset-light expansion, capital-efficient growth, and sustained cash generation.
The company is valued at 5.5x FY28E Pre-sales/EBITDA, with a BUY recommendation and a target price of ₹740.
- Who
- Arvind SmartSpaces, led by new CEO Priyansh Kapoor and Vice-Chairman Kulin Lalbhai
- What
- Management change and growth plans for FY26
- When
- Recent management change, FY26 pre-sales growth guidance
- Where
- Projects in Ahmedabad, Vadodara, MMR, and Bengaluru
- Why
- To enhance efficiencies, reduce project launch time, and achieve 30-35% pre-sales growth
- Current Market Price (CMP)
- ₹599.15
- Target Price (TP)
- ₹740
- FY26 Pre-sales Growth Guidance
- 30-35%
- Estimated GDV of New Projects
- ₹3,000 crore
- New Projects Locations
- Ahmedabad, Vadodara, MMR, Bengaluru
- CEO Experience
- Over 10 years in Mumbai real estate
- Valuation Multiple
- 5.5x FY28E Pre-sales/EBITDA
- Recommendation
- BUY