They used to be a top-five finisher prior to 1990, but failed to continue their form later and during 2012–13 season, the club experienced one of its lowest points when it was relegated from the Bangladesh Premier League.

They also played the final of Bangladesh Federation Cup after 15 long years where they lost the game to Dhaka Abahani by Lee Tuck's solitary goal.

On 10 February 2018, Arambagh KS celebrated their first ever domestic silverware[9] in the club's history of about 60 years by defeating defending champion Chittagong Abahani in the final of 2017–18 Independence Cup by 2–0 margin at Bangabandhu National Stadium in Dhaka.

[10][11] On 23 December 2020, Arambagh boys gifted their new Indian head coach Subrata Bhattacharya a winning debut as they beat Brothers Union by 2–0.

[13] On 29 August 2021 Bangladesh Football Federation disciplinary committee had confirmed the clubs involvement with spot fixing, match manipulations and live and online betting.

BFF disciplinary committee decided to fine 5 lakhs BDT & ban the club for two years from entering the Bangladesh Championship League.