Arkade Developers vs Ashiana Housing vs Arvind SmartSpaces: Which Stock Should You Track

Arkade Developers vs Ashiana Housing vs Arvind SmartSpaces starts with the core numbers most investors compare within the Real Estate segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of September 2026 and will shift with daily price moves.

All three names sit in the Real Estate bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.

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Arkade Developers, Ashiana Housing and Arvind SmartSpaces: Company Overview

Arkade Developers is a listed Indian company in the Real Estate space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.

Ashiana Housing is a listed Indian company in the Real Estate space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.

Arvind SmartSpaces is a listed Indian company in the Real Estate space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.

Arkade Developers vs Ashiana Housing vs Arvind SmartSpaces: Valuation and Profitability Snapshot

Metric	Arkade Developers	Ashiana Housing	Arvind SmartSpaces
Market Cap (approx.)	Rs 2,380 crore	Rs 3,871 crore	Rs 2,699 crore
PE Ratio (TTM)	NM (loss on reported EPS)	32.72	14.29
PB Ratio	2.70	4.43	4.16
Return on Equity (ROE)	20.85%	13.55%	14.86%
EPS (TTM, Rs)	-0.24	11.77	41.13
Dividend Yield	0.78%	0.39%	0.38%
Debt to Equity	0.11	0.35	0.90
Book Value per Share (Rs)	47.51	86.86	141.39

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On valuation, Arkade Developers trades at a PE of NM (loss on reported EPS) and a PB of 2.70, Ashiana Housing at a PE of 32.72 and a PB of 4.43, while Arvind SmartSpaces trades at a PE of 14.29 and a PB of 4.16. On return on equity, the three post 20.85%, 13.55% and 14.86% respectively, and on dividend yield they stand at 0.78%, 0.39% and 0.38%.

Arkade Developers vs Ashiana Housing vs Arvind SmartSpaces: Latest Quarterly Results

Company	Latest Quarter Revenue	Latest Quarter Net Profit	YoY Change (Revenue)	QoQ Change (Revenue)
Arkade Developers	Rs 148.68 crore	Rs 19.08 crore	-10.0%	-25.3%
Ashiana Housing	Rs 119.75 crore	Rs 13.11 crore	-60.4%	-64.3%
Arvind SmartSpaces	Rs 322.02 crore	Rs 97.39 crore	+202.7%	+96.9%

Quarterly figures above are the most recent reported quarter for each company (Q1 FY28, quarter ended June 2026), compared with the year-ago and preceding quarter where that data was available. A blank cell means the figure could not be independently verified in this pull and should be checked on the company's own exchange filing before use.

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What Should Investors Look at Beyond These Numbers?

Beyond the metrics above, investors comparing these three real estate names should track quarter-on-quarter revenue and margin trends, management commentary on order books or demand, and any sector-specific regulatory or input-cost developments, since a single-quarter snapshot can shift quickly.

Conclusion

Arkade Developers vs Ashiana Housing vs Arvind SmartSpaces highlights how differently three companies in the same real estate segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.

FAQs on Arkade Developers vs Ashiana Housing vs Arvind SmartSpaces

What is the market cap difference between Arkade Developers, Ashiana Housing and Arvind SmartSpaces?

Ans. As of September 2026, Arkade Developers has a market cap of approximately Rs 2,380 crore, Ashiana Housing is at approximately Rs 3,871 crore, and Arvind SmartSpaces is at approximately Rs 2,699 crore.

Which of the three has the highest PE ratio?

Ans. Among Arkade Developers, Ashiana Housing and Arvind SmartSpaces, the PE ratios stand at NM (loss on reported EPS), 32.72 and 14.29 respectively as of September 2026.

Which of the three has the highest ROE?

Ans. Arkade Developers, Ashiana Housing and Arvind SmartSpaces post ROE of 20.85%, 13.55% and 14.86% respectively as of September 2026.

Which of these three stocks pays the highest dividend yield?

Ans. Arkade Developers, Ashiana Housing and Arvind SmartSpaces carry dividend yields of 0.78%, 0.39% and 0.38% respectively.

What is the debt to equity ratio for Arkade Developers, Ashiana Housing and Arvind SmartSpaces?

Ans. Arkade Developers carries a debt to equity of 0.11, Ashiana Housing of 0.35, and Arvind SmartSpaces of 0.90.

Which of the three trades at the highest price to book value?

Ans. Arkade Developers, Ashiana Housing and Arvind SmartSpaces trade at price to book ratios of 2.70, 4.43 and 4.16 respectively.

Is one of Arkade Developers, Ashiana Housing or Arvind SmartSpaces better than the others?

Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor's own criteria and research.