ARVSMART Targets New Projects Worth Rs 2000-2500 Cr in 2024: Insights from CEO Kamal Singal

Team FS

    02/Jul/2024

Key Points:

  1. ARVSMART plans to launch new projects worth Rs 2000-2500 Cr in 2024.
  2. Historical growth of 30-35% in operating and financial parameters expected to continue.
  3. Focus on key markets of Ahmedabad and Bengaluru with projected growth of around 40%.

ARVSMART Targets New Projects Worth Rs 2000-2500 Cr in 2024: Insights from CEO Kamal Singal

In an enlightening interview, Mr. Kamal Singal, the Managing Director and CEO of ARVSMART, shared strategic plans and growth targets for the company. Here are the key highlights from the interview:

New Project Launches

ARVSMART is gearing up to launch new projects worth Rs 2000-2500 crore this year. These projects are set to expand the company’s portfolio and strengthen its market position. The focus on high-value projects demonstrates ARVSMART’s commitment to significant growth and market leadership.

Historical and Expected Growth

The company has historically witnessed a robust 30-35% growth in operating and financial parameters. This impressive track record is expected to continue this year, driven by strategic investments and efficient management practices.

Upcoming Topline Projects

ARVSMART is also planning to launch topline projects worth Rs 4000-4500 crore, including phases of some larger projects. These substantial projects are set to enhance the company's footprint in the real estate sector and contribute significantly to its revenue streams.

Unrecognized Revenue and Booking Growth

Out of Rs 2200 crore of total unrecognized revenue in the books of account, the management is hopeful of seeing 30-40% growth in booking values in accounts this year. This anticipated growth highlights the potential for substantial financial gains and increased shareholder value.

Focus on Key Markets

ARVSMART will continue to focus on its existing markets of Ahmedabad and Bengaluru. These markets are projected to show around 40% growth each in terms of fresh sales coming in the next 2-3 years. This focus underscores the company’s strategy to capitalize on high-growth regions and leverage market opportunities.

Margin Expectations

The company expects to maintain margins at 25%+ in FY25, reflecting its commitment to profitability and efficient cost management. This margin target is indicative of ARVSMART’s strategic focus on maintaining healthy financial metrics while pursuing growth.

Conclusion

The insights shared by Mr. Kamal Singal provide a clear vision of ARVSMART’s strategic directions and growth ambitions. The launch of new projects, focus on key markets, and expected financial performance highlight the company’s proactive approach to market dynamics and its commitment to delivering value.

ARVSMART’s strong historical performance and strategic plans position it well for continued success in the real estate sector. By staying informed about the company’s developments and market strategies, investors and stakeholders can gain valuable insights into ARVSMART’s growth trajectory.

Also Read : CAMS Aims for Over 20% Revenue Growth in FY25: Key Highlights from CEO Anuj Kumar's Interview

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst & Finance Saathi Telegram Channel for Regular Share Market, News & IPO Updates

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX & Upstox.

Related News

Disclaimer

The information provided on this website is for educational and informational purposes only and should not be considered as financial advice, investment advice, or trading recommendations.

Trading in stocks, forex, commodities, cryptocurrencies, or any other financial instruments involves high risk and may not be suitable for all investors. Prices can fluctuate rapidly, and there is a possibility of losing part or all of your invested capital.

We do not guarantee any profits, returns, or outcomes from the use of our website, services, or tools. Past performance is not indicative of future results.

You are solely responsible for your investment and trading decisions. Before making any financial commitment, it is strongly recommended to consult with a qualified financial advisor or do your own research.

By accessing or using this website, you acknowledge that you have read, understood, and agree to this disclaimer. The website owners, partners, or affiliates shall not be held liable for any direct or indirect loss or damage arising from the use of information, tools, or services provided here.

onlyfans leakedonlyfan leaksonlyfans leaked videos