Arvind Ltd
Arvind Ltd
TextilesKey Fundamentals
SmallcapTextiles & ApparelsTextilesInsights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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53 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
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Technical Indicators
Key Insights
Strengths
1- Company has been maintaining a healthy dividend payout of 31.1%
Weaknesses
3- Stock is trading at 3.58 times its book value
- Promoter holding has decreased over last quarter: -1.44%
- Company has a low return on equity of 10.0% over last 3 years.
Growth Rate
AI Analysis — Bull vs Bear
Arvind Ltd is a mid-cap textile company with a market cap of Rs 14,450 Cr trading at a PE of 36x. The stock has delivered a 94% return over the past year with TTM sales growth of 15%, though its 3-year ROE averages 10% and the stock trades at 3.38x book value.
- Strong stock price momentum with 1-year CAGR of 94% and 3-year CAGR of 58%, indicating sustained investor interest
- TTM sales growth of 15% marks a significant acceleration over the 3-year compounded sales growth of 4%, suggesting improving demand
- TTM profit growth of 19% outpaces sales growth, indicating operating leverage and margin expansion
- 5-year compounded profit growth of 135% demonstrates a substantial turnaround from earlier periods of weak profitability
- Healthy dividend payout ratio of 31.1% shows commitment to returning capital to shareholders
- ROE has improved to 11% in the last year from a 10-year average of 8%, reflecting gradual improvement in capital efficiency
- 5-year stock CAGR of 42% and 10-year CAGR of 19% show consistent long-term wealth creation
- PE ratio of 36x is elevated for a textile company with only 10% ROE over 3 years, suggesting limited margin of safety
- Stock trades at 3.38x book value (reported as 3.67x by some measures), which is rich for a capital-intensive textile business
- 3-year ROE of just 10% and 10-year ROE of 8% indicate structurally modest returns on equity
- 10-year compounded sales growth of only 2% reveals very weak long-term revenue expansion
- 10-year compounded profit growth of just 3% shows the 5-year surge was largely a recovery from a low base rather than structural improvement
- Promoter holding decreased by 1.44% in the last quarter, which may signal reduced insider confidence
- Dividend yield of only 0.66% offers limited income cushion given the elevated valuation
- 3-year compounded sales growth of just 4% contrasts sharply with the stock's 58% CAGR over the same period, indicating valuation has run ahead of fundamentals
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Record Q1 revenue up 25% Aug 12
Arvind Ltd posted record Q1FY27 revenue of ₹2,501 crore with EBITDA surging 39% to ₹258 crore and PAT rising 47% to ₹80 crore, driven by volume growth and the Dalco-GFT acquisition.
- Equity raise approved at 99.47% Aug 2
Shareholders approved a special resolution to raise capital via equity shares with 99.47% support. Promoter group voted unanimously in favor, with only slight dissent from public institutions.
TL;DR: Arvind Ltd is firing on all cylinders with record Q1FY27 numbers across revenue, EBITDA, and PAT, supported by both organic volume growth and inorganic contribution from the Dalco-GFT acquisition. The near-unanimous shareholder approval for an equity raise signals confidence and provides future growth capital. No visible headwinds in recent news flow. The trend is clearly improving, though investors should watch for dilution impact from the upcoming equity issuance.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,853 | 1,922 | 1,888 | 2,075 | 1,831 | 2,188 | 2,089 | 2,221 | 2,006 | 2,371 | 2,373 | 2,553 | 2,501 |
| Expenses | 1,673 | 1,716 | 1,673 | 1,832 | 1,681 | 1,967 | 1,853 | 1,976 | 1,829 | 2,124 | 2,100 | 2,247 | 2,261 |
| Operating Profit | 180 | 206 | 216 | 243 | 150 | 221 | 236 | 245 | 177 | 247 | 273 | 306 | 240 |
| OPM % | 10% | 11% | 11% | 12% | 8% | 10% | 11% | 11% | 9% | 10% | 11% | 12% | 10% |
| Other Income | 13 | 13 | 10 | 8 | 13 | 12 | 11 | 30 | 9 | 15 | -12 | 35 | -4 |
| Interest | 37 | 39 | 39 | 45 | 40 | 39 | 40 | 47 | 41 | 41 | 42 | 41 | 54 |
| Depreciation | 65 | 67 | 66 | 67 | 68 | 60 | 62 | 69 | 69 | 72 | 72 | 78 | 93 |
| PBT | 92 | 113 | 120 | 138 | 54 | 135 | 145 | 158 | 76 | 149 | 147 | 223 | 89 |
| Tax % | 24% | 26% | 21% | 24% | 19% | 53% | 27% | 2% | 28% | 28% | 31% | 26% | 35% |
| Net Profit | 70 | 84 | 94 | 104 | 44 | 63 | 106 | 155 | 55 | 107 | 101 | 165 | 58 |
| EPS in Rs | 2.52 | 3.06 | 3.51 | 3.79 | 1.5 | 2.28 | 3.95 | 5.77 | 2.03 | 3.94 | 3.72 | 6.09 | 2.04 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,851 | 8,011 | 9,221 | 6,794 | 7,142 | 7,369 | 5,073 | 8,010 | 8,382 | 7,738 | 8,329 | 9,303 | 9,798 |
| Expenses | 6,816 | 7,037 | 8,261 | 6,103 | 6,419 | 6,661 | 4,595 | 7,180 | 7,554 | 6,858 | 7,433 | 8,299 | 8,732 |
| Operating Profit | 1,036 | 974 | 960 | 691 | 723 | 708 | 478 | 830 | 828 | 879 | 895 | 1,004 | 1,066 |
| OPM % | 13% | 12% | 10% | 10% | 10% | 10% | 9% | 10% | 10% | 11% | 11% | 11% | 11% |
| Other Income | 39 | 89 | 66 | 109 | 39 | 5 | 15 | 13 | 100 | 42 | 65 | 46 | 34 |
| Interest | 417 | 383 | 312 | 192 | 236 | 255 | 239 | 197 | 192 | 193 | 208 | 165 | 178 |
| Depreciation | 212 | 239 | 294 | 222 | 235 | 290 | 285 | 254 | 253 | 266 | 259 | 290 | 314 |
| PBT | 445 | 441 | 420 | 385 | 290 | 168 | -31 | 393 | 484 | 463 | 493 | 595 | 608 |
| Tax % | 24% | 28% | 24% | 18% | 21% | 45% | -11% | 38% | 15% | 24% | 25% | 28% | — |
| Net Profit | 338 | 316 | 321 | 316 | 228 | 92 | -27 | 242 | 413 | 353 | 367 | 427 | 430 |
| EPS in Rs | 13.21 | 12.17 | 12.18 | 11.97 | 8.75 | 3.7 | -0.64 | 9.14 | 15.47 | 12.87 | 13.5 | 15.79 | 15.79 |
| Div. Payout % | 19% | 20% | 20% | 20% | 23% | 0% | 0% | 0% | 37% | 37% | 28% | 28% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 258 | 258 | 258 | 259 | 259 | 259 | 259 | 261 | 262 | 262 | 262 | 262 |
| Reserves | 2,466 | 2,388 | 3,309 | 3,524 | 2,492 | 2,450 | 2,460 | 2,690 | 3,084 | 3,281 | 3,524 | 3,782 |
| Borrowings | 3,397 | 3,819 | 2,926 | 3,323 | 2,700 | 2,640 | 2,121 | 1,865 | 1,517 | 1,448 | 1,562 | 1,660 |
| Other Liabilities | 1,855 | 1,659 | 2,032 | 3,082 | 1,872 | 1,790 | 1,872 | 2,881 | 2,035 | 2,254 | 2,684 | 3,133 |
| Total Liabilities | 7,976 | 8,125 | 8,525 | 10,188 | 7,322 | 7,138 | 6,713 | 7,697 | 6,898 | 7,245 | 8,032 | 8,836 |
| Fixed Assets | 3,208 | 3,357 | 3,672 | 3,962 | 3,421 | 3,835 | 3,590 | 3,481 | 3,427 | 3,421 | 3,578 | 3,995 |
| CWIP | 100 | 147 | 96 | 116 | 262 | 113 | 78 | 46 | 80 | 117 | 409 | 119 |
| Investments | 59 | 544 | 277 | 76 | 78 | 90 | 70 | 66 | 211 | 167 | 150 | 269 |
| Other Assets | 4,609 | 4,077 | 4,481 | 6,033 | 3,561 | 3,100 | 2,974 | 4,104 | 3,180 | 3,539 | 3,895 | 4,453 |
| Total Assets | 7,976 | 8,125 | 8,525 | 10,188 | 7,322 | 7,138 | 6,713 | 7,697 | 6,898 | 7,245 | 8,032 | 8,836 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 558 | 650 | 551 | 428 | 2,358 | 860 | 776 | 595 | 666 | 696 | 763 | 867 |
| Investing | -587 | -503 | 66 | -353 | -1,306 | -306 | -81 | -121 | -135 | -277 | -493 | -607 |
| Financing | -48 | -151 | -621 | -55 | -1,019 | -575 | -717 | -439 | -534 | -419 | -271 | -228 |
| Net Cash Flow | -77 | -3 | -4 | 20 | 33 | -20 | -22 | 34 | -3 | 1 | -1 | 32 |
| Free Cash Flow | 54 | 127 | 120 | -27 | 2,399 | 464 | 687 | 448 | 496 | 443 | 280 | 381 |
| CFO/OP | 67 | 79 | 68 | 81 | 304 | 126 | 165 | 76 | 91 | 94 | 96 | 102 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 54 | 35 | 31 | 95 | 46 | 52 | 79 | 51 | 42 | 50 | 52 | 57 |
| Inventory Days | 193 | 202 | 207 | 258 | 179 | 125 | 168 | 196 | 135 | 197 | 197 | 177 |
| Days Payable | 141 | 128 | 124 | 247 | 152 | 123 | 203 | 193 | 101 | 136 | 152 | 160 |
| Cash Conversion Cycle | 106 | 109 | 114 | 106 | 73 | 54 | 44 | 53 | 76 | 111 | 96 | 73 |
| Working Capital Days | 9 | -10 | 4 | 20 | -4 | -10 | 12 | 15 | 9 | 14 | 6 | 15 |
| ROCE % | 15% | 13% | 11% | 8% | 9% | 9% | 5% | 13% | 13% | 13% | 13% | 14% |
Documents
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Company Information
Arvind Limited (‘the Company’) is one of India’s leading vertically integrated textile company with the presence of almost eight decades in this industry. It is among the largest denim manufacturers in the world. It also manufactures a range of cotton shirting, denim, knits and bottom weights (Khakis) fabrics and Jeans and Shirts Garments. [1]