Arvind Fashions Ltd

About [ edit ]

Arvind Fashions is engaged in the business of (industrial activity code-wise): Wholesale of textiles, clothing and footwear.

  • Market Cap 1,537 Cr.
  • Current Price 136
  • High / Low 185 / 117
  • Stock P/E
  • Book Value 159
  • Dividend Yield 0.00 %
  • ROCE 0.99 %
  • ROE -0.87 %
  • Face Value 4.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.86 times its book value
  • Promoter holding has increased by 1.28% over last quarter.

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 1.49% for last 3 years.
  • Contingent liabilities of Rs.1052.09 Cr.
  • Debtor days have increased from 93.02 to 146.33 days.
  • Company's cost of borrowing seems high

Peer comparison

Sector: Retail Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
217 301 274 218 172 278 199 205 30 58 151 59
199 264 243 210 162 271 197 175 35 47 120 77
Operating Profit 18 37 31 8 9 7 2 31 -5 11 31 -18
OPM % 8% 12% 11% 4% 6% 3% 1% 15% -17% 20% 21% -30%
Other Income 0 0 0 1 2 3 3 -16 4 -41 4 2
Interest 3 4 6 5 8 9 11 10 12 10 7 2
Depreciation 3 3 4 5 3 3 2 5 4 5 4 5
Profit before tax 12 30 22 -2 1 -1 -8 -0 -17 -44 24 -23
Tax % 35% 36% 37% 1,147% 39% -68% 46% -900% -4% -0% -4% -0%
Net Profit 8 19 14 21 1 -1 -4 -0 -18 -44 25 -23
EPS in Rs 1.23 1.84 0.07 -0.12 -0.38 -0.01 -1.56 -3.90 2.24 -2.02

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
-0 292 1,001 1,010 854 298
-0 290 906 916 804 278
Operating Profit -0 3 95 94 50 20
OPM % 1% 9% 9% 6% 7%
Other Income -0 1 1 2 -7 -31
Interest -0 5 10 18 38 31
Depreciation -0 4 11 15 13 18
Profit before tax -0 -6 74 62 -7 -60
Tax % 37% 28% 1% 33% 0%
Net Profit -0 -4 53 62 -5 -59
EPS in Rs 5.49 -0.43 -5.23
Dividend Payout % -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:-33%
TTM:-65%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-193%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:-25%
Return on Equity
10 Years:%
5 Years:2%
3 Years:1%
Last Year:-1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
0 22 23 23 23 42
Reserves -0 855 1,208 1,318 1,326 1,753
Borrowings 0 23 46 73 258 120
-0 274 240 423 426 241
Total Liabilities 0 1,173 1,517 1,837 2,034 2,156
-0 22 19 39 58 42
CWIP -0 -0 0 7 -0 -0
Investments 0 848 1,141 1,244 1,301 1,754
0 303 357 547 675 360
Total Assets 0 1,173 1,517 1,837 2,034 2,156

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
-0 243 -4 124 -0 -14
-0 -1,103 -303 -136 -145 -321
0 860 315 5 152 328
Net Cash Flow 0 0 8 -7 7 -7

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
ROCE % -0% 8% 6% 3% 1%
Debtor Days 43 14 53 79 146
Inventory Turnover 1.52 2.97 3.61 2.36 0.94

Shareholding Pattern

Numbers in percentages

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
36.00 35.61 35.58 35.58 35.58 35.58 39.73 39.13 40.41
18.01 18.03 15.69 16.27 15.56 12.67 10.11 8.31 8.02
13.09 15.74 20.04 20.47 20.96 20.13 16.10 14.00 11.56
32.90 30.62 28.69 27.68 27.90 31.62 34.06 38.56 40.01

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