Arkade Developers Ltd (NSE: ARKADE) Q1 2026 Earnings Call dated Jul. 25, 2025
Corporate Participants:
Unidentified Speaker
Amit Jain — Chairman and Managing Director
Deepti Nair — Head of Marketing
Samshet Shetye — Chief Financial Officer
Analysts:
Unidentified Participant
Deekshant Boolchandani — Analyst
Anush Jain — Analyst
Dipesh Sancheti — Analyst
Heet Parikh — Analyst
Anurag Chheda — Analyst
Jayshree Bajaj — Analyst
Maitri Shah — Analyst
Presentation:
operator
Ladies and gentlemen, good day and welcome to Arcade Developers Limited Q1 and FY26 earnings conference call. As a reminder, all participant lines will be in the listen only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing Star then zero on your touchstone phone. This conference call may contain certain forward looking statements about the company which are based on the beliefs, opinions and expectations of the company as on date of this call. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict.
Please note that this conference call is being recorded. I now hand the conference over to Mr. Amit Jain, Chairman and Managing Director AM Arcade Developers Limited. Thank you. And over to you, Mr. Amit Jain.
Amit Jain — Chairman and Managing Director
Good evening everyone. I would like to extend a very warm welcome to all of you for Arcade Developers Limited earnings conference call for the first quarter ended 30 June 2025. I would like to begin by expressing my gratitude to you all for taking the time to join us today. We have on call with us Mr. Samset Seti CFO, Ms. Dipti Nair, Head of Marketing and Ad Factor PI, our Investor Relations team. We have shared our results presentation. I hope you all must have gone through it. Our industry is witnessing a paradigm shift from affordable to more premium housing.
Especially as consumer trends towards aspirational living spaces. Consumer preference for upgrading their housing standards is driving continuous demand. Consequently, the market looks well positioned for steady growth supported by favorable economic conditions and strategic opportunities. We are optimistic about the future and committed to capitalizing on the emerging trends. For the sake of those of you who might be joining us for the first time, I would like our head of marketing Ms. Sipsey to share a brief overview of our business and sector before we get into our recent development business and financial performance for this period.
Deepti Nair — Head of Marketing
Good evening everyone. Thank you Mr. Jain. After being established in 1986 as a real estate development company, we have garnered reputation for developing top tier residential projects. Driven by our deep understanding of the market and commitment to quality, we have managed to create a niche for ourselves being among the top 10 developers in MMR. Our strategic approach combining greenfield and redevelopment projects across Mumbai has allowed us to capture significant market share in high demand areas especially along the eastern and western suburbs where we have a strong presence backed by a repetition for delivering projects on time in prime locations with exceptional quality.
We continue to lead the charge in creating aspirational living spaces. Talking about the recent Industry Outlook report done by Cushman and Wakefield reaffirms the sustained momentum in Mumbai’s real estate sector. This clear tilt towards larger, better located and better designed homes is well aligned with our strategic focus on premium and luxury offerings. With robust infrastructure consisting price range and appreciation and growth redevelopment potential, we believe Mumbai continues to present unmatched opportunities as a key player in the MMR arcade is strategically positioned to capitalize on this upcycle. We remain optimistic about the sector’s direction, confident in our ability to deliver strong value in the ongoing fiscal year.
I would now like to hand it back to our chairman Mr. Amit Jain to take us through the developments and other highlights. Thank you.
Amit Jain — Chairman and Managing Director
Hello the last year was a significant one for arcade developers and we have continued to build on the strong momentum through the first quarter of this year as well. We continue to capture market share and scale new heights in the MMR region. This quarter we have seen the highest ever presale standing at INR142 crores, a growth of 17% on a year on year basis followed by collection of INR 170 crores marking a 42% year on year increase and an area sold of 48,000 square feet again reflecting an impressive 27% growth. These numbers showcase our strong operational excellence and reinforce the strength of our underlying strategy and marketing positioning.
In line with our strategic focus on premium housing and deeper marketing penetration, we have made considerable progress on the redevelopment front. We recently acquired a prominent 4 acre land parcel in Goregaon west currently leased to Filmstar Private Limited. This project has a projected GDV of 3200 crore rupees and opens up tremendous development potential in a highly sought after location. It also marks our foray into uber luxury segment designed to offer three 4.5bhk residences and penthouses tailored for evolved customers. Further strengthening our foothold in Goregaon, we have acquired another redevelopment project spanning 1.1 acre with a potential revenue of 350 crore rupees.
Additionally, we have made a strategic entry into the Thane market with an acquisition of 6.28 crore acre land parcel targeting a GDV of 2000 crore rupees. This diversification aligns with our vision of extending our footprint in mmi. So what continues to set us apart and I want to emphasize this for the benefit of our investors is our disciplined approach to execution While many players tend to accumulate large land parcels and sit on them resulting in inflated GDV without timely progress. Arcade follows a fundamentally different philosophy. We believe in taking a project we can execute efficiently, delivering them ahead of schedule and then moving on to the next opportunity.
This approach ensures faster revenue recognition, lower coding costs and consistent momentum in our growth trajectory. It’s a track record that reinforces our kids reputation as a reliable and execution focused developers. Looking ahead, we are poised for accelerated growth driven by strategic expansion, high potential redevelopment and future ready greenfield projects. Our project, our focus remains sharp to build sustainably, execute and discipline with discipline and create lasting value for all stakeholders. I would now like to hand it over to Mr. Salset, our CFO who will take you through our financial performance for this period.
Samshet Shetye — Chief Financial Officer
Thank you sir. Good evening everyone. I will now brief you on the consolidated financial performance for the first quarter of FY26. Our revenue. Our revenue for Q1FY26 tour rupees 165 crores compared to rupees 126 crores in Q1FY25 reflecting a growth of 32% year on year. EBITDA for the quarter stood at rupees 34 crores and EBITDA margin stood at 22%. Profit after tax came in at rupees 29 crores in Q1FY26 with a PAT margin of 17%. The board has recommended a maiden interim dividend of 10%. Furthermore, promoter Mr. Amit Jain and whole time director Mr. Sandeep Jain and Mr.
Arpeet Jain are foregoing their dividend to enhance shareholder value. That’s all from our side. We can now open the floor for questions.
Questions and Answers:
operator
Thank you very much. We will now begin the question and answer session. Anyone who wishes to ask a question may press Star and one on the touchstone telephone. If you wish to remove yourself from the question queue you may press Star and. Two participants are requested to use handsets while asking a question. Ladies and gentlemen, we will wait for a moment while the question queue assembles. The first question is from the line of Dikshanti from DB Wealth. Please go ahead.
Deekshant Boolchandani
Hello Amit sir. Congratulations on good pre sales that we have recorded. So firstly the question is that in January we had mentioned that in the next five years our goal is to have be a 10,000 crore top line company. So from approximately last year the financial 683 crores was our top line to this 10,000 crores. When do you think that we will see the maximum acceleration of our revenues start to Kick in, is it going to be FY26 or 27?
Amit Jain
FY27.
Deekshant Boolchandani
Okay.
Amit Jain
And the Thane project to be operational in full throttle, to be able to be offering revenues and profits to the books. That is when we see the spike.
Deekshant Boolchandani
So sir, from I. I completely understand that real estate is not a linear business, it’s a completely non linear business. But even if you look at a five year CAGR, it’s going to be something like a 70% CAGR on the top line. And since we don’t take debt, our profitability would be very good on this in this five year period.
Deekshant Boolchandani
So.
Deekshant Boolchandani
So can you just like give us some sort of an idea? FY27 top line target 26 if you are thinking 20, 25% as you have mentioned, If I’m correct on that sir.
Amit Jain
It will be very speculative to put a number to it. But yes, as I clarified like it is evident that we’ll be having Filmistan and the Thane project operational in that financial year. So it should be up by a good margin.
Deekshant Boolchandani
So you are thinking that the inflection point in our business is going to be FY27, FY28 these two years.
Amit Jain
We have had spikes in the past also we have had bigger spikes in the past than this. So yes, this also will be an above average growth year we can see.
Deekshant Boolchandani
So secondly is as an example with the current market that we are targeting which is the aspirational to a premium sort of a market. For example, let’s take the Arcade Nest in Mulund West. It’s an aspirational product that we are targeting. But there is a lot of competition in the Bando Poland area and even the Filmistan area that we are currently looking at is what is really going to make our sales faster than the others because there is clearly demand for it and our product is good. But what will make our sales cycle faster than the others?
Amit Jain
Our sales cycle is always been faster than the others. So the same things which have been instrumental, the same attributes which were instrumental in the past, that is the discipline, delivery on time, delivery and standing by the commitment in terms of offering the amenities in actual and honoring our word. The same virtues will hold good for future as well. Giving in quality product on time with the committed amenity.
Deekshant Boolchandani
Amitji, I understand that this will not be an apples to apples comparison for short here but there is a prestige that is coming up. It’s of course it’s very far from the actual part of the town or if we look at Thane there is Already so much construction that is happening. So like what is our real sort of product differentiation? Apart from of course like great amenities. Why are people coming to us over let’s say a Prestige or let’s say a Raymond or let’s say a Lodha or a Godrej.
Amit Jain
So we have like our location is much more strategic than the others that you’ve named like Prestige. You yourself said the location is far off. We are in the heart of Mulun where we are in Sarvode Nagar. So which is a much matured location. And then as I said the product planning. The product planning is very thoughtful. Like these are all residential projects without the mixed use, you know, which disturbs the residents, which the premiumness to the project. The right from surface parking to everything. With respect to the planning, our projects are low density project and the delivery is much faster.
And certainty of the delivery take much longer for delivery. You know, our delivery cycle is much quicker.
Deekshant Boolchandani
So one last question. Why have the promoters decided to forego the dividend this time?
Amit Jain
So that the company has a richer capital and it can do better with that capital. So instead of putting ourselves in the front, we are putting the cap the company in the frame.
Deekshant Boolchandani
So sir, then we could have also not declared interior dividend at all, right?
Amit Jain
No. But then for investors it is good. Investors getting returns also is a good thing from their point of. We are looking at it from the investor point of view, you know, not looking at it from for ourselves. Like then investor will always cherish a dividend.
Deekshant Boolchandani
So let them 100% say investors will always like the dividend. But what I mean to really ask here is that opportunity size in front of us is amazing. Our ability to leverage right now is really good. Then why do like why give dividend?
Amit Jain
There are many investors who you don’t have expectations of a dividend who may have. Who may be banking on this dividend. There are small investors who may be banking on these dividends. So from their perspective it is helpful and it is healthy to be a dividend paying company.
Deekshant Boolchandani
100%. May I ask one more question, sir?
operator
Sorry to interrupt sir, but I may request you to rejoin.
Deekshant Boolchandani
No problem. Thank you so much sir.
operator
Thank you. Before we take the next question, we would like to remind the participants to press star and one to ask a question. The next question is from the line of Anush Jain from Pinterest Capital. Please go ahead.
Anush Jain
Good evening sir. So we saw a huge drop in the ebitda margin about 11%. So can you please explain that part of the statement?
Amit Jain
So the project, the markets are getting competitive. So as you have to scale up, the margins normally will go down. As the numbers increase the volumes, if they increase, the margins normally go down. And because of the competition in redevelopment, the margins in redevelopment also have gone down. But our absolute numbers have gone up. So margins in terms of percentage has gone down but the absolute numbers of profit has gone up.
Samshet Shetye
Just to add to what Amit has said, see it depends on the project to project. I mean few project will have a very good margin, few project will have bit low margin. So that’s a combination of the projects which are coming for recognition in that particular quarter. Second thing is the revenue recognition. What we are doing during the quarter are at initial stage, I mean on an average 40 to 45% construction has been done. So realization you can say will improve going forward. And that will help us to improve the margin.
Anush Jain
Okay, but sir, in the previous guidance it was given like the margin, the EBITDA margin would stay near 30% and the PAT margin would be near 20%.
Amit Jain
But yes, the margins have been.
Samshet Shetye
Yeah.
Samshet Shetye
On full year basis it will average out. This is just a quarterly number.
Anush Jain
Okay, agreed.
Anush Jain
Yeah.
Anush Jain
And so a second question regarding the new projects of Palestine and the Thane project. Like what would be the estimated timeline of this project? Like would it, would it be near five to seven years or any timeline you would give it.
Amit Jain
Which project.
Anush Jain
And.
Anush Jain
The Thane project, the two most we have allotted for these two projects.
Amit Jain
Okay.
Amit Jain
Yeah.
Amit Jain
And realization in books would start from FY27 hopefully.
Anush Jain
Okay, thank you so much sir.
Amit Jain
Thank you.
operator
Thank you. The next question is from the line of Yasha Vardhan from Tiger Asset. Please go ahead.
Unidentified Participant
Namaste. Sir, I wanted to understand what other segments or cities you’re planning to expand in.
Amit Jain
Now we are looking at MMR options only.
Unidentified Participant
Okay. Okay, thank you. Answer a bit on the attrition rate. Employee attrition rate.
Amit Jain
Yes, our attrition is currently 20%.
Unidentified Participant
Thank you sir.
operator
Thank you. The next question is from the line of Dipesh Sancheti from Manya Finance. Please go ahead.
Dipesh Sancheti
Yeah, I am audible.
Amit Jain
Yes, you are.
Dipesh Sancheti
Yeah. A couple of questions. Yeah. First about the margins. Where do you think the margins would actually stabilize and going forward and for the full year numbers, do you think other margins would be again around 30% or you see it lower since the revenues will grow up, it will be.
Amit Jain
Better than this current quarter is what we can say. And the margins keep on varying as the market keep on fluctuating. You know, the demand supply basis, the supply of redevelopment the demand of goods. So basis demand and supply market keep on changing according to which the margins also will be changing.
Dipesh Sancheti
Now are these market pressures or where are the cost pressures coming from? I mean is there any significant rise in raw material?
Amit Jain
Earlier the rates appreciated from 22 to 24. The rates for the flats were increasing on a year, on year basis which is currently plateaued. Also the redevelopment project, the acquisition was much cheaper earlier and the rates for the finished goods appreciated. Because of those two factors the margins were better. Now the competition in real estate redevelopment markets have increased so the acquisition has become costlier and there is no rate appreciation in this current year because of which the margins have squeezed a little.
Dipesh Sancheti
Okay. Is it because also because of the fsi, I mean rates increasing or something?
Amit Jain
There is no such increase. But yes, the outflow towards the municipal charges is a big quantum. But that has been the same last year as well.
Dipesh Sancheti
Okay. And going forward, do we even see us, I mean arcade coming into the South Bombay market especially around Worley and you know, which has been a very high value market in terms of projects.
Amit Jain
Now we don’t have anything in hand but you can never say no, you never know.
Dipesh Sancheti
Okay. And if I can come to the last question that you know, are we restricted to taking, you know, size of the projects or right now, you know, even taking about, I mean a 2 lakh square feet of or 3 lakh square feet in South Mumbai also. We are prepared for that. Just wanted to understand that.
Amit Jain
So we have a threshold of one acre land parcel size to give in suitable amenity or a 500 crore top line minimum requirement. These are the criteria.
Dipesh Sancheti
Okay. So there’s a maximum which, there’s a.
Amit Jain
Ceiling which we have hit maximum. We’ve taken 3,000, 2,000 crore. Both this film is Thane projects are in multi thousand crore.
Dipesh Sancheti
Okay. If you can throw some light on Filmistan project especially because you know, how do you see the revenues coming in and what do we plan? Do we plan an ultra luxury project? I mean if you can just throw some light on this project because this is one of the, I think one of the highest in terms of gdp.
Amit Jain
It’s under wraps currently. But all we can say is we are coming up with something which is drastically different than what we have as yet currently in hand. And it’s going to be by far a different like a big leap way forward to a luxury market. And in terms of GDB also it’s by far a big leap in terms of absolute numbers.
Amit Jain
Okay.
Amit Jain
In terms of the product planning. So it’s on drawing board stages. But we are coming up with something very beautiful.
Amit Jain
I’m sure.
Amit Jain
I’m sure different. Yes.
Dipesh Sancheti
Okay. All the very best guys. If there’s any other question, I’ll fall back in line. Thank you.
operator
Thank you. The next question is from the line of Heath from Ashika Institutional Equities. Please go ahead.
Heet Parikh
Very good evening. So my first question is on the film launch. With this AICWA filing grievance. How do we see the launch in this particular project? Are we facing any delay and some comment on.
Amit Jain
No, no. There is no. That is there is no delay or anything of that. So that there is no local sanity to those things. Even I can write a letter today to anything Me writing does not have any validation. I can write a letter to the prime minister office saying so there is no local candy to those things.
Heet Parikh
So we do not expect any delay on that particular project.
Amit Jain
No, no, no, no. Our due diligence is done in the acquisition state. It is a private property who has anything to do with anything.
Heet Parikh
And my second question is on the overall Mumbai MMR series velocity with our arcades quarter on quarter numbers also seeing a dip and overall some softening on the cycle. Would love to know your would like to know your comments on how is the sales in the micro markets which you are present in.
Amit Jain
Sales are going good only and.
Amit Jain
We.
Amit Jain
Are able to maintain our growth story and it is stable and steady.
Heet Parikh
And lastly on launches. So how many launches are we eyeing in 2Q of this year as well as do we have any launches in first quarter?
Amit Jain
No, we don’t have any launches currently. But our Bandu project is to be offered for profit in the second quarter of this financial year.
Heet Parikh
Okay sir, thank you so much.
operator
Thank you. The next question is from the line of Anurag Cheda from JAM Stock brokers. Please go ahead.
Anurag Chheda
Hello. Thank you sir. Thank you for the presentation. I have some some question on overall Mumbai. Like I saw two projects which were sold out in a day like what’s exactly happening in the real estate market.
Amit Jain
So it will keep on changing from the brand. The brand that has claimed this. It is all depending on the brand. Brand to brand. You hear a different story. So what you’re talking is of DLF I guess who is the biggest dlf.
Amit Jain
And even Lodas, Trump Tower. Both were sold out in a day like or maybe two like what’s exactly happening in real estate market.
Amit Jain
So it’s more of a brand story than the market story. This is not applicable for other players. You know it is the brand that is the differentiated.
Amit Jain
Okay.
Amit Jain
Yeah. And there is lot of money with people where they deploy the question.
Anurag Chheda
Okay. All right. Thank you.
operator
Thank you. Ladies and gentlemen. In order to ensure that the management is able to address questions from all participants in this conference, please limit your questions to two per participant. The next question is from the line of Jaishree Bajaj from Teametra Asset Managers. Please go ahead.
Jayshree Bajaj
Hello sir. Thank you for the opportunity. My most questions have been answered. So my question is. We haven’t heard the heard about the launch date of Daiser project. So what are the target timelines for FY26 and when is it expected to begin contributing significantly to the company’s revenue?
Amit Jain
The EISA project.
Amit Jain
Yeah.
Amit Jain
Project is awaiting some clearances for approval. So can’t define the timelines because currently there are some restrictions in the ISA vicinity with respect to approval. So once the clearance will start, only then can we give timeline.
Jayshree Bajaj
Okay. What kind of restriction is there? Can you a bit explain?
Amit Jain
There is height restriction in Baiseri because of some wireless station shifting. It is a technical issue.
Jayshree Bajaj
Thank you.
operator
Thank you. The next question is from the line of Maitri from Sapphire Capital. Please go ahead.
Maitri Shah
Hello. Am I audible?
Amit Jain
Yes.
Maitri Shah
Yeah. Just to clarify margins, you said that there are pressures from redevelopment projects and the flat rates are kind of flat out. So we don’t see our ebitda margins going 30% this year, is that correct?
Amit Jain
It’s again difficult to speculate what it will be. But it will be better than this quarter on an average basis. That’s also said in the last question. Define exact number. But it will be better. It will average out towards the year end.
Maitri Shah
Okay. And can you comment on the square feet rates that we are getting? Are the others rates going down? Is there where the pressure is coming in?
Amit Jain
No, rates are not going down. I just said that the appreciation has slowed down. Appreciation is not there, but rates definitely are not going down for now at least.
Maitri Shah
And the new two projects for Mustan and the Thane one, do we expect better rates and better margins from them?
Amit Jain
Yeah.
Maitri Shah
And what sort of margins are we targeting from those projects?
Amit Jain
We can expect good margins from those two projects as we got value. Yeah.
Maitri Shah
Could you quantify the margins from those projects?
Amit Jain
No. Again, again a speculative thing to quantify margin.
Deepti Nair
Okay.
Maitri Shah
And no. No launches are planned for this year, is that also correct?
Amit Jain
Yeah. As yet we are having ongoing projects.
Maitri Shah
Yeah. That is it for my side. Thank you.
operator
Thank you. The next question is from the line of Nikon Chilada from an individual investor. Please go ahead.
Amit Jain
Hello.
Unidentified Participant
Sir, good evening.
Amit Jain
Yes. Yeah.
Unidentified Participant
So sir, what product mix we are.
Amit Jain
Looking for like a redevelopment or greenfield. We are that in both the markets equally like this. All these filmmastan and Thane projects are new projects. The Banduk Mulund are new projects. At the same time we have a series of project in western suburbs that are redevelopment projects. We are there in both the markets.
Unidentified Participant
Okay. So going forward either we are looking more on greenfield, greenfield or redevelopment. Since the margin on Greenfield is around 25%. No.
Amit Jain
So we’ll be present in both the market going forward also. Okay.
Unidentified Participant
Okay. So thank you.
operator
Thank you. The next question is from the line of Dikshant B from DB Wealth. Please go ahead.
Deekshant Boolchandani
Hi sir. So we are not sort of seeing any appreciation in pricing as we were expecting or as as we had seen in the past. But could you just give us some sort of numbers in the last nine months what sort of appreciation and pricing we have seen versus the last year?
Amit Jain
Let’s say last year was 100. Then in the last nine, six to nine months what kind of appreciation we would have seen.
Amit Jain
In last nine months? You’re talking of appreciation?
Amit Jain
Yeah, like average price appreciation per square feet. What kind of price appreciation we would have seen like in the last six.
Amit Jain
To nine months on a project to project basis? Say between zero to 10%.
Amit Jain
Okay. And sir.
Amit Jain
There may be no increment and in some there may be up to 10% agreement over a period of last time.
Deekshant Boolchandani
So even at no increment on pricing right now, what kind of bar interest are we seeing in this particular quarter? Buyer interest. Are we seeing our buyers? Because government has clearly given a better sort of outlook for people to buy new homes. And even the interest rates are down. So what kind of excitement are the people having right now in Mumbai to buy the product? The end consumer, not the investors.
Amit Jain
No, there is a good interest from the consumer side and we are seeing a growth this year also in terms of top line and pre sales numbers. We already have shown good pre sales numbers. So there is a good interest from the user point of view.
Deekshant Boolchandani
So I understand 27:28 will be pivotal for us. But even on the 26th time, let’s say that there is no price appreciation, we can still expect a 20% bump in our sales.
Amit Jain
Hopefully yes.
Deekshant Boolchandani
Answer. Even at like let’s say 20, 25% growth in our revenues, what kind of growth can we see in our profits?
Amit Jain
Absolute number. The profits will go up.
Deekshant Boolchandani
Absolute number. I understand but like what kind of pack margin can we see at a 2025% growth in our revenues from last year.
Samshet Shetye
So as I said, it will differ from project to project but year on year basis we expect that the same growth in top line as well as in bottom line.
Samshet Shetye
So if we grow 25% top line we can expect 25% growth in part as well.
Samshet Shetye
We don’t commit the numbers.
Samshet Shetye
Yeah, but like broadly the top line.
Samshet Shetye
Will grow faster, but bottom line it will grow 20, 25. That, that was the margin.
Deekshant Boolchandani
Okay, thank you so much. I’m really looking forward to the Bandu project.
operator
Thank you. The next question is on the line of Sachin from an individual investor. Please go ahead. Mr. Sachin, are you there?
Unidentified Participant
Yes, I’m audible.
operator
Yes sir, you’re audible.
Unidentified Participant
Good evening Amit sir, my question is from an individual investor point of view and some of the prospective buyers of architects premium housing. See there are taxpayers who are in this country who are mainly major end users. So I truly value Arcade’s reputation for on time project delivery, consistent growth and premium positioning. So conversation on building such a strong and trusted brand. So that is why we believe to invest in Arcade. So my question is mainly at developer scale. There are often challenges in sustaining core values and ethical practices. So what framework or governance mechanisms are we putting in place to ensure that from project acquisition to sales integrity, ethical practices and code of conduct are consistently applied across organizations to ensure sustainability.
Amit Jain
Value system and integral practices in place. The DNA, the character of the organization is only of highest value system. You know. So that helps us take care of the practices. And like everything it is a reflection like which gets seen in our practices.
Unidentified Speaker
Okay, so this question basically from the sustainability. So we expect definitely architect will be on the same line and we want to see it bigger in recent times.
Unidentified Participant
Thank you sir.
operator
Thank you. The next question is from the line of Dikshant B from DV Wealth. Please go ahead. Dikshanta, are you there?
Deekshant Boolchandani
Hi, sorry, one last question. What kind of prefabricated material amadji are we using to fast start timeline?
Amit Jain
We are using aluminum homework shuttering for our RCC work to pass our timelines. You know, to reduce the slab cycle from the conventional shuttering system.
Deekshant Boolchandani
Okay, and are we using any sort of prefab on our stairs or something? Is that helping us to fasten our timeline or does that not matter?
Amit Jain
No, we are using aluminium my one step.
Deekshant Boolchandani
Okay, so is there any sort of improvement that we are seeing on timelines by any other technological advancement or like just basic infra advancement to have better timeline?
Amit Jain
Project delivery cycle is increased a lot. So that is why we are able to give the positions faster and that helps in getting as a premium. Also because we have a track record of faster delivery.
Deekshant Boolchandani
100% sir, like what I really mean to ask you here is that because of which our margins are improving and our timelines are getting faster. Are we using prefab material more or is it just operational efficiency?
Amit Jain
Margins are increasing because of various things out of which delivery is just one thing. But the overall practices like the approval process that we follow, the overall practices that the brand carries it is because of which the margins are increased and the discipline in the construction. We have a good execution team and all of these reasons because of which the cycle is faster.
Deekshant Boolchandani
Thank you so much sir.
operator
Thank you. Ladies and gentlemen, in interest of time, this would be our last question. For further queries, please get in touch with Investor Relations team. I would now like to hand the conference over to Mr. Amit Chain, chairman and MD for closing comments.
Amit Jain
I thank the entire team of arcade developers for their untiring effort, hard work and dedication which drives the company forward through various market conditions. Also, I appreciate all of you for taking the time to participate in our conference. Please do get in touch with our Investor relations team for any further questions. Thank you.
operator
Thank you on behalf of Arcade Developers Ltd. That concludes this conference. Thank you for joining us and you may now disconnect your lines.
Unidentified Speaker
Sam.