Arvind Fashions Ltd
Arvind Fashions Ltd operates in the branded apparels, beauty and footwear space. It has a portfolio of several owned and licensed global brands across different segments. [1]
- Market Cap ₹ 6,701 Cr.
- Current Price ₹ 502
- High / Low ₹ 595 / 320
- Stock P/E
- Book Value ₹ 175
- Dividend Yield 0.31 %
- ROCE 2.80 %
- ROE 1.63 %
- Face Value ₹ 4.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 2.92 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -4.86% over past five years.
- Company has a low return on equity of 1.29% over last 3 years.
- Earnings include an other income of Rs.64.8 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 3m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 292 | 1,001 | 1,010 | 854 | 298 | 514 | 741 | 609 | 666 | 655 | |
| 0 | 290 | 906 | 916 | 804 | 278 | 484 | 718 | 596 | 619 | 647 | |
| Operating Profit | 0 | 3 | 95 | 94 | 50 | 21 | 30 | 22 | 13 | 47 | 8 |
| OPM % | 1% | 9% | 9% | 6% | 7% | 6% | 3% | 2% | 7% | 1% | |
| 0 | 1 | 1 | 2 | -7 | -31 | 9 | 18 | 11 | 64 | 65 | |
| Interest | 0 | 5 | 10 | 18 | 38 | 32 | 13 | 16 | 20 | 22 | 25 |
| Depreciation | 0 | 4 | 11 | 15 | 13 | 18 | 18 | 15 | 13 | 43 | 53 |
| Profit before tax | 0 | -6 | 74 | 62 | -7 | -60 | 9 | 10 | -9 | 46 | -5 |
| Tax % | -37% | 28% | 1% | -33% | -0% | 16% | 2% | 28% | 19% | ||
| 0 | -4 | 53 | 62 | -5 | -59 | 7 | 10 | -11 | 38 | -6 | |
| EPS in Rs | 5.49 | -0.43 | -5.23 | 0.56 | 0.74 | -0.85 | 2.83 | -0.47 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 135% | -147% | 56% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -5% |
| 3 Years: | 9% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 78% |
| TTM: | -113% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 14% |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 22 | 23 | 23 | 23 | 42 | 53 | 53 | 53 | 53 | 53 |
| Reserves | 0 | 855 | 1,208 | 1,327 | 1,326 | 1,753 | 2,249 | 2,269 | 2,251 | 2,279 | 2,277 |
| 0 | 23 | 46 | 73 | 258 | 123 | 92 | 152 | 127 | 112 | 210 | |
| 0 | 274 | 240 | 415 | 425 | 238 | 211 | 227 | 222 | 249 | 309 | |
| Total Liabilities | 0 | 1,173 | 1,517 | 1,837 | 2,033 | 2,156 | 2,605 | 2,700 | 2,653 | 2,693 | 2,850 |
| 0 | 22 | 19 | 39 | 58 | 42 | 28 | 41 | 92 | 104 | 175 | |
| CWIP | 0 | 0 | 0 | 7 | 0 | 0 | 0 | 0 | 2 | 0 | 0 |
| Investments | 0 | 848 | 1,141 | 1,244 | 1,301 | 1,754 | 2,108 | 2,129 | 1,985 | 1,989 | 1,991 |
| 0 | 303 | 357 | 547 | 674 | 360 | 469 | 530 | 574 | 600 | 685 | |
| Total Assets | 0 | 1,173 | 1,517 | 1,837 | 2,033 | 2,156 | 2,605 | 2,700 | 2,653 | 2,693 | 2,850 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 243 | -4 | 124 | -0 | -15 | -87 | 38 | -28 | 14 | |
| -0 | -1,103 | -303 | -136 | -145 | -321 | -366 | -65 | 94 | 73 | |
| 0 | 860 | 315 | 5 | 152 | 329 | 454 | 27 | -63 | -83 | |
| Net Cash Flow | 0 | 0 | 8 | -7 | 7 | -7 | 0 | -1 | 3 | 4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 43 | 14 | 53 | 79 | 146 | 193 | 120 | 136 | 140 | |
| Inventory Days | 483 | 73 | 141 | 154 | 236 | 47 | 19 | 54 | 82 | |
| Days Payable | 359 | 146 | 212 | 247 | 470 | 194 | 137 | 152 | 183 | |
| Cash Conversion Cycle | 167 | -60 | -18 | -13 | -88 | 45 | 2 | 37 | 39 | |
| Working Capital Days | 5 | 18 | 19 | -11 | 16 | 109 | 81 | 132 | 135 | |
| ROCE % | -0% | 8% | 6% | 3% | 1% | 1% | 1% | 3% | 3% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
2d - Allotment of Equity Shares pursuant to exercise of ESOPs.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
5 Nov - Investor Conference scheduled on November 12, 2025, November 13, 2025 and November 14, 2025.
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Announcement under Regulation 30 (LODR)-Change in Management
5 Nov - CRO Mallikarjuna Reddy Yarabolu resigns; cessation effective close of business December 31, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
4 Nov - Audio of Nov 4 post-results call for Q2/H1 ended Sep 30, 2025 available on company website.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
4 Nov - Arvind Fashions Limited has informed about Copy of Newspaper Publication of Financial Results for the second quarter and half year ended on September 30, 2025
Annual reports
Concalls
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Nov 2025TranscriptNotesPPT REC
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Jun 2023TranscriptPPTREC
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May 2023TranscriptNotesPPT REC
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Oct 2019Transcript PPT
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Aug 2019Transcript PPT
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May 2019Transcript PPT
Business Profile[1]
Arvind Limited is a leading textile and apparel company that manufactures and distributes fabrics, garments, and advanced materials. The company operates across multiple business verticals, including textiles, denim, advanced materials, and retail.