Arvind Limited
NSE: ARVIND · Garments & Apparels · sector
₹482.40NSE close 2026-10-26
Key numbers
Market cap₹12,646 cr
Price₹482.40
52w high / low₹607 / ₹286
P/E30.5xSector median 15.0x
P/B3.1xSector median 1.5x
Book value₹154.3
Dividend yield0.82%Sector median 0.84%
ROE10.6%Sector median 10.6%
ROCE14.2%Sector median 9.9%
OPM10.5%Sector median 8.6%
Debt / equity0.36xSector median 0.33x
EV/EBITDA13.3xSector median 9.3x
Interest cover4.4x
Current ratio1.14x
Sales growth 3y+3.5%Sector median +6.2%
Profit growth 3y+0.8%Sector median +11.5%
PEG49.26x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 43 companies in Garments & Apparels (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹389 cr vs borrowings ₹1,441 cr (FY26): borrowings are higher by ₹1,052 cr.
- Operating profit covered interest 4.4x in the last 12 months.
- 7.24% of the promoters' shares are pledged (2.8% of all shares).
- Promoter holding fell by 1.44 percentage points in a year, to 38.09% (2026-09-30).
- Operating cash flow was below net profit in 0 of the last 5 years.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 16% of net profit in the last 12 months.
- Dividend paid in 3 of the last 5 financial years.
- Price ₹482.40 on 2026-10-26: -20.5% from the 52-week high, +68.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹574.05 · low ₹279.60
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,188 | 2,089 | 2,221 | 2,006 | 2,371 | 2,373 | 2,553 | 2,501 |
| EBITDA | 221 | 237 | 246 | 177 | 247 | 250 | 312 | 218 |
| OPM % | 10.1% | 11.3% | 11.1% | 8.8% | 10.4% | 10.5% | 12.2% | 8.7% |
| Other income | 12 | 11 | 30 | 9 | 15 | 12 | 21 | 18 |
| Net profit | 60 | 103 | 151 | 53 | 103 | 98 | 160 | 53 |
| EPS (₹) | 2.28 | 3.96 | 5.77 | 2.03 | 3.95 | 3.72 | 6.10 | 2.04 |
| Revenue YoY | +8.4% | +13.6% | +15.0% | +24.7% | ||||
| Profit YoY | +73.1% | -5.6% | +5.5% | +0.4% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 8,034 | 8,382 | 7,738 | 8,329 | 9,303 | 9,798 |
| EBITDA | 775 | 859 | 848 | 853 | 987 | 1,028 |
| Net profit | 238 | 405 | 337 | 353 | 414 | 414 |
| EPS (₹) | 9.17 | 15.51 | 12.87 | 13.51 | 15.80 | 15.81 |
| Revenue growth | +4.3% | -7.7% | +7.6% | +11.7% | +15.2% | |
| Profit growth | +69.9% | -16.8% | +5.0% | +17.1% | +12.6% | |
| Dividend / share (₹) | – | – | 3.75 | 3.75 | 3.75 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +3.5% | +12.9% | +15.2% |
| Net profit | +0.8% | – | +12.6% |
| EPS | +0.6% | – | – |
| Share price | – | +18.1% (2y) | +61.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 3,346 | 3,543 | 3,786 | 4,044 |
| Borrowings | – | 1,404 | 1,325 | 1,376 | 1,441 |
| Cash & equivalents | – | 77 | 83 | 117 | 389 |
| Total assets | – | 6,914 | 7,260 | 8,099 | 8,836 |
| Fixed assets | – | 3,227 | 3,209 | 3,432 | 3,849 |
| Capital work in progress | – | 79 | 117 | 407 | 119 |
| Investments | – | 211 | 160 | 117 | 4 |
| Receivables | – | 966 | 1,070 | 1,177 | 1,444 |
| Inventory | – | 1,649 | 1,986 | 2,138 | 2,174 |
| Payables | – | 1,238 | 1,375 | 1,655 | 1,973 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 595 | 666 | 696 | 763 | 867 |
| Cash from investing | -121 | -135 | -277 | -504 | -607 |
| Cash from financing | -439 | -534 | -419 | -271 | -228 |
| Capex | 185 | 204 | 278 | 535 | 520 |
| Free cash flow | 409 | 462 | 418 | 228 | 347 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 12.1% | 9.5% | 9.3% | 10.2% |
| ROCE % | – | 13.7% | 12.8% | 12.8% | 13.7% |
| Debtor days | – | 42 | 50 | 52 | 57 |
| Inventory days | – | 135 | 197 | 197 | 177 |
| Payable days | – | 101 | 136 | 152 | 160 |
| Cash conversion cycle (days) | – | 76 | 111 | 97 | 74 |
| Working capital days | – | 12 | 18 | 12 | 22 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 38.09% |
| FIIs | 15.11% |
| DIIs | 23.86% |
| of which Mutual funds | 20.94% |
| of which Insurance | 2.40% |
| Government | 0.00% |
| Public (non-institutions) | 22.94% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Aug 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 39.58% | 39.56% | 39.53% | 39.53% | 39.53% | 39.53% | 38.09% | 38.09% |
| Promoter group | % |
|---|---|
| Aura Securities Private Limited | 32.98% |
| Aura Business Ventures LLP | 2.56% |
| Atul Limited | 1.52% |
| Aagam Holdings Private Limited | 0.69% |
| Lalbhai Realty Finance Private Limited | 0.17% |
| Akshita Holdings Private Limited | 0.06% |
| Anusandhan Investments Limited | 0.04% |
| Aayojan Resources Private Ltd | 0.04% |
| Adhinami Investments Private Limited | 0.03% |
| Sanjaybhai Shrenikbhai Lalbhai | 0.00% |
| Jayshreeben Sanjaybhai Lalbhai | 0.00% |
| Punit Sanjaybhai Lalbhai | 0.00% |
| Swati S Lalbhai | 0.00% |
| Sunil Siddharth Lalbhai | 0.00% |
| Taral S Lalbhai | 0.00% |
| Public holders above 1% | % |
|---|---|
| Quant Mutual Fund - Quant Small Cap Fund | 5.44% |
| Bandhan Small Cap Fund | 3.49% |
| Hdfc Mutual Fund - Hdfc Mid-Cap Fund | 3.41% |
| Aditya Birla Sun Life Mutual Fund - Aditya Birla Sun Life Small Cap Fund | 2.47% |
| Sbi Life Insurance Co. Ltd | 1.86% |
| Aml Employee Welfare Trust | 1.53% |
| State Of Wisconsin Investment Board - Alliance Bernstein L.P. | 1.19% |
1,97,144 shareholders. Pledged: 7.24% of promoter shares.
Peers in Garments & Apparels
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PAGEIND | ₹37,823 cr | 50.0x | 25.2x | 52.0% | 70.2% | 20.8% | +3.1% | 1.77% |
| ARVIND | ₹12,646 cr | 30.5x | 3.1x | 10.6% | 14.2% | 10.5% | +3.5% | 0.82% |
| PGIL | ₹11,177 cr | 36.0x | 7.7x | 23.7% | 21.2% | 9.6% | +16.7% | 0.54% |
| GOKEX | ₹4,743 cr | 46.0x | 2.2x | 4.9% | 8.9% | 8.8% | +21.5% | – |
| LUXIND | ₹3,206 cr | 30.1x | 1.8x | 5.7% | 7.5% | 6.2% | +7.2% | 0.05% |
| SBC | ₹3,034 cr | 75.0x | 30.3x | 47.3% | 15.2% | 8.6% | +27.2% | – |
| KKCL | ₹2,604 cr | 17.6x | 2.8x | 16.8% | 22.9% | 19.9% | +15.9% | 0.96% |
| KITEX | ₹2,206 cr | – | 2.1x | -2.8% | 1.0% | 3.5% | +6.2% | 0.45% |
| SPAL | ₹2,085 cr | 19.8x | 2.2x | 11.7% | 14.3% | 14.1% | +13.6% | 0.24% |
| CANTABIL | ₹2,081 cr | 21.4x | 4.3x | 22.4% | 37.4% | 31.5% | +15.6% | 0.50% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Textiles | ₹7,148 cr | 73.4% | ₹496 cr | 6.9% |
| Advanced Materials | ₹1,838 cr | 18.9% | ₹251 cr | 13.6% |
| Others | ₹754 cr | 7.7% | ₹32 cr | 4.3% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-04 | Dividend | Dividend - Rs 4.50 Per Share |
| 2025-07-25 | Dividend | Dividend - Rs 3.75 Per Share |
| 2024-07-19 | Dividend | Dividend - Rs 3.75 Per Share/Special Dividend - Re 1 Per Share |
| 2023-07-21 | Dividend | Annual General Meeting/Dividend - Rs 3.75 Per Share/Special Dividend Rs 2 Per Share |
| 2022-08-29 | Other | Annual General Meeting |
| 2021-08-10 | Other | Annual General Meeting |
| 2020-09-17 | Other | Annual General Meeting |
| 2019-07-29 | Dividend | Dividend - Rs 2 Per Share |
| 2018-11-28 | Restructuring | Demerger |
| 2018-08-21 | Dividend | Annual General Meeting/Dividend Rs - 2.40/ Per Share |
| 2017-07-27 | Dividend | Annual General Meeting/Dividend - Rs 2.40 Per Share |
| 2016-07-28 | Dividend | Annual General Meeting/ Dividend - Rs 2.40/- Per Share |
| 2015-07-30 | Dividend | Annual General Meeting / Dividend - Rs 2.55/- Per Share |
| 2015-05-28 | Restructuring | Scheme Of Arrangement |
| 2014-07-24 | Dividend | Annual General Meeting/Dividend Rs 2.35/- Per Share |
| 2013-07-18 | Dividend | Annual General Meeting/Dividend Rs 1.65/- Per Share |
| 2012-09-13 | Dividend | Annual General Meeting/Dividend Re 1 Per Share |
| 2011-09-22 | Other | Annual General Meeting |
| 2010-09-09 | Other | Annual General Meeting |
| 2009-09-10 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing (Group C): Textiles, Leather and Other apparel Products (C8)
| Sector | Consumer Discretionary |
| Industry | Garments & Apparels |
| Sub-industry | Garments & Apparels |
| Symbol | ARVIND |
| BSE code | 500101 |
| ISIN | INE034A01011 |
| Face value | ₹10.0 |
| Incorporated | 1931-06-01 |
| Website | www.arvind.com |
| Plants (India / abroad) | 12 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.