1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Apparel - Manufacturers
Arvind Limited

Arvind Limited

ARVIND.NS
Arvind LimitedIN flagNational Stock Exchange of India
498.70
INR
+4.20
- -
130.72BMarket Cap
Arvind Limited
ARVIND.NS
(National Stock Exchange of India)

Recent

price

498.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
170.76
182.95
200.47
259.73
293.87
301.14
345.27
247.07
267.75
273.8
188.84
292.42
311.04
285.67
318.32
355.1
355.02
Revenue per Share
6.89
16.9
9.63
13.71
13.21
12.17
12.18
11.97
8.75
3.7
-0.64
9.17
15.51
12.87
13.51
15.8
15.8
Basic EPS, GAAP
-1.21
-4.42
4.72
0.02
-1.48
1.32
4.07
-3.93
66.08
17.23
25.53
15.74
17.7
16
8.7
13.15
- -
Free Cash Flow per Basic Share
- -
- -
1.16
1.92
2.73
3.04
2.87
3.12
2.99
2.41
- -
0.08
0.15
5.9
4.97
3.96
- -
Dividend per Share
21.28
40.29
43.28
52.84
65.25
70.2
85.24
91.68
77.7
78.61
78.58
87.28
102.54
109.51
118.51
10.01
10
Book Value per Share
65.44
73.48
82.57
96.19
93.64
100.16
136.45
145.39
103.7
102.17
104.06
114.08
129.21
137.47
147.04
156.92
156.88
Tangible Book Value per Share
239
258
258
258
258
258
258
259
259
259
259
260
261
262
262
262
262
Basic Weighted Avg Shares
40,846
47,199
51,729
67,031
75,883
77,768
89,172
63,881
69,244
70,840
48,860
75,939
81,154
74,722
83,288
93,032
93,032
Sales/Revenue/Turnover
-1.78
9.98
11.58
12.27
10.6
9.92
7.6
6.31
6.91
5.44
4.23
6.37
7.55
8.29
7.14
7.68
7.68
Operating Margin (%)
1,725
1,614
2,043
2,252
2,124
2,405
2,971
3,593
3,281
2,904
2,852
2,720
2,555
2,658
2,587
2,903
2,903
Depreciation Expense
1,648
4,359
2,484
3,539
3,411
3,142
3,146
3,095
2,262
956
-165
2,382
4,046
3,366
3,535
4,139
4,139
Net Income, GAAP
5.98
11.99
0.1
13.45
24.09
28.27
23.56
21.01
20.49
45.11
- -
36.04
14.48
23.89
25.46
28.25
28.25
Effective Tax Rate (%)
4.03
9.23
4.8
5.28
4.5
4.04
3.53
4.84
3.27
1.35
-0.34
3.14
4.99
4.5
4.24
4.45
4.45
Profit Margin (%)
-2,518
-2,170
-497
3,237
-979
-1,612
1,545
4,346
829
-373
3,084
4,037
2,771
3,727
2,641
5,482
5,482
Working Capital
8,945
7,770
10,051
13,455
13,703
14,926
7,566
8,487
9,348
11,675
12,371
8,441
4,708
3,596
4,456
4,573
4,573
LT Debt
17,109
20,367
22,648
26,072
24,699
27,020
37,184
40,879
28,368
27,665
27,666
30,063
34,043
36,207
38,714
41,415
41,415
Total Equity
-1.91
10.57
13.47
13.8
10.52
8.83
7.87
4.54
5.88
3.87
- -
6.35
10.77
9.54
8.52
9.15
9.15
Return on Invested Capital (%)
14.38
22.99
14.95
15.63
12.97
10.15
9.33
7.8
7.39
4.74
- -
7.83
12.51
10.23
10.14
15.34
15.34
Return on Capital (%)
39.64
56.3
23.04
28.53
22.38
17.97
15.68
13.54
10.33
4.73
-0.81
11.08
16.37
12.15
11.85
24.62
24.62
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
11,294
- -
12,022
LT Borrowings
2,532
- -
2,772
LT Finance Leases
1,546
- -
1,802
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
262
- -
262
Market Capitalization
79,530
83,079
88,756

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
38,562
- -
44,413
Cash, Cash Equivalents & STI
1,175
- -
4,318
Accounts Receivable, Net
12,226
- -
14,438
Inventories
21,256
- -
21,735
Total Current Liabilities
36,097
- -
38,931
Payables & Accruals
- -
- -
- -
ST Debt
11,294
- -
12,022
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
8.43%
6.98%
Free Cash Flow
-182.65%
-5.77%
51.25%
Net Income, GAAP
-166.98%
-293.28%
17.1%
Sales/Revenue/Turnover
4.35%
15.5%
11.7%
Total Cash Common Dividend
- -
744.88%
-20.09%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18,533
19,217
18,882
18,090
74,722
2025
18,306
21,883
20,892
22,207
83,288
2026
20,063
23,711
23,726
25,531
93,032

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.52
3.06
3.5
- -
12.87
2025
1.5
2.28
3.96
5.77
13.51
2026
2.03
3.95
3.72
6.1
15.8

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5.9
2025
- -
- -
- -
- -
4.97
2026
- -
- -
- -
- -
3.96
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Business
Arvind Limited, founded in 1931 and headquartered in Naroda, Ahmedabad, Gujarat, India, manufactures and markets textiles, apparel, and advanced materials; it operates through segments including fabric and apparel with denim, woven fabrics such as cotton shirting, knits, and bottomweights, and garments like jeans and shirts; brands and retail featuring international licenses including Arrow, US Polo Assn., Izod, Elle, and Cherokee via subsidiary Arvind Lifestyle Brands Limited and Megamart value stores; advanced materials encompassing protective clothing for defense, firefighting, industrial, and healthcare sectors, filtration products, automotive interiors, and composites; environmental solutions providing water treatment, wastewater management, and zero liquid discharge systems; real estate developing residential, commercial, and industrial properties; engineering solutions; garmenting services; and telecom offerings including EPABX and radio solutions. The company, India's largest denim producer and a global apparel manufacturing leader, serves domestic and international markets across over 100 countries with approximately 42,000 employees. Recent developments include a February 2025 joint venture with Purfi Global LLC forming Purfi Arvind Manufacturing India Private Limited to scale sustainable textile recycling and support circular economy goals; a December 2024 investment of Rs 24.99 crore in wholly-owned subsidiary Arvind Advanced Materials Ltd.; a planned Rs 500 crore infusion into advanced materials and garmenting for growth in defense, aerospace, and automotive sectors; a 25-year renewable energy power purchase agreement targeting 60% renewable usage and carbon neutrality by 2029; and separation of its advanced materials business to a wholly-owned subsidiary via slump sale in early 2025.