Arvind Fashions Limited
NSE: ARVINDFASN · Speciality Retail · sector
₹358.95NSE close 2026-10-26
Key numbers
Market cap₹4,797 cr
Price₹358.95
52w high / low₹569 / ₹359
P/E40.1xSector median 31.1x
P/B5.1xSector median 4.8x
Book value₹70.6
Dividend yield1.49%Sector median 1.48%
ROE12.6%Sector median 12.5%
ROCE29.9%Sector median 20.8%
OPM13.0%Sector median 11.0%
Debt / equity0.56xSector median 0.16x
EV/EBITDA7.4xSector median 11.2x
Interest cover2.5x
Current ratio1.27x
Sales growth 3y+6.0%Sector median +8.0%
Profit growth 3y+12.1%Sector median -3.9%
PEG0.82x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 24 companies in Speciality Retail (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹64 cr vs borrowings ₹531 cr (FY26): borrowings are higher by ₹467 cr.
- Operating profit covered interest 2.5x in the last 12 months.
- 8.31% of the promoters' shares are pledged (2.9% of all shares).
- Operating cash flow was below net profit in 0 of the last 5 years.
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 28% of net profit in the last 12 months.
- Dividend paid in 3 of the last 5 financial years.
- Price ₹358.95 on 2026-10-26: -36.9% from the 52-week high, 0.0% 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 ₹634.00 · low ₹358.95
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,273 | 1,203 | 1,189 | 1,107 | 1,418 | 1,377 | 1,365 | 1,278 |
| EBITDA | 162 | 166 | 159 | 133 | 187 | 166 | 195 | 160 |
| OPM % | 12.7% | 13.8% | 13.3% | 12.0% | 13.2% | 12.0% | 14.3% | 12.5% |
| Other income | 7 | 9 | 11 | 15 | 13 | 6 | 7 | 7 |
| Net profit | 30 | 27 | -93 | 13 | 37 | 26 | 47 | 10 |
| EPS (₹) | 2.22 | 2.01 | -6.99 | 0.94 | 2.81 | 1.91 | 3.52 | 0.72 |
| Revenue YoY | +11.3% | +14.5% | +14.8% | +15.5% | ||||
| Profit YoY | +26.6% | -4.1% | – | -23.9% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 3,056 | 4,421 | 4,259 | 4,620 | 5,266 | 5,437 |
| EBITDA | 180 | 453 | 504 | 602 | 681 | 707 |
| Net profit | -267 | 87 | 81 | -36 | 123 | 120 |
| EPS (₹) | 0.61 | 2.77 | 6.07 | -2.67 | 9.18 | 8.96 |
| Revenue growth | +44.7% | -3.7% | +8.5% | +14.0% | +13.9% | |
| Profit growth | – | -7.3% | -144.1% | – | – | |
| Dividend / share (₹) | – | – | 1.00 | 1.25 | 1.60 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +6.0% | +19.1% | +13.9% |
| Net profit | +12.1% | – | – |
| EPS | +49.1% | – | – |
| Share price | – | -20.2% (2y) | -25.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 910 | 1,003 | 957 | 944 |
| Borrowings | – | 598 | 466 | 390 | 531 |
| Cash & equivalents | – | 200 | 168 | 165 | 64 |
| Total assets | – | 3,672 | 3,607 | 3,809 | 4,216 |
| Fixed assets | – | 713 | 749 | 860 | 927 |
| Capital work in progress | – | 2 | 1 | 1 | 4 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 560 | 647 | 729 | 752 |
| Inventory | – | 982 | 909 | 1,080 | 1,390 |
| Payables | – | 1,020 | 936 | 1,172 | 1,387 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 300 | 317 | 434 | 530 | 404 |
| Cash from investing | -9 | -28 | 32 | -75 | -98 |
| Cash from financing | -209 | -198 | -491 | -456 | -406 |
| Capex | 17 | 63 | 82 | 96 | 109 |
| Free cash flow | 284 | 254 | 352 | 434 | 295 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 9.6% | 8.0% | -3.7% | 13.0% |
| ROCE % | – | 17.7% | 21.0% | 28.3% | 29.3% |
| Debtor days | – | 46 | 55 | 58 | 52 |
| Inventory days | – | 156 | 163 | 183 | 211 |
| Payable days | – | 162 | 168 | 199 | 211 |
| Cash conversion cycle (days) | – | 40 | 50 | 42 | 52 |
| Working capital days | – | 31 | 43 | 44 | 41 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 35.08% |
| FIIs | 11.92% |
| DIIs | 26.74% |
| of which Mutual funds | 20.90% |
| of which Insurance | 4.79% |
| Government | 0.00% |
| Public (non-institutions) | 26.26% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 35.19% | 35.19% | 35.14% | 35.13% | 35.10% | 35.10% | 35.10% | 35.08% |
| Promoter group | % |
|---|---|
| Aura Securities Private Limited | 31.12% |
| Aura Merchandise Pvt. Ltd. | 1.37% |
| Atul Limited | 1.19% |
| Aura Business Ventures LLP | 0.78% |
| Aagam Holdings Private Limited | 0.54% |
| Anusandhan Investments Limited | 0.03% |
| Aayojan Resources Private Ltd | 0.03% |
| Adhinami Investments Private Limited | 0.01% |
| Swati S Lalbhai | 0.00% |
| Sunil Siddharth Lalbhai | 0.00% |
| Taral S Lalbhai | 0.00% |
| Punit Sanjaybhai | 0.00% |
| Sanjaybhai Shrenikbhai Lalbhai | 0.00% |
| Astha Lalbhai | 0.00% |
| Vimlaben S Lalbhai | 0.00% |
| Public holders above 1% | % |
|---|---|
| Icici Prudential Life Insurance Company Limited | 4.65% |
| Mirae Asset Various Mutual Funds | 4.62% |
| Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Various Mutual Funds | 3.73% |
| Abakkus Various Mutual Funds | 3.18% |
| Icici Prudential Various Mutual Funds | 2.84% |
| Goldman Sachs Funds - Goldman Sachs India Equity Portfolio | 1.85% |
| Bhupendra M Shah | 1.83% |
| Mahindra Manulife Various Mutual Funds | 1.68% |
| Kuwait Investment Authority Fund F238 | 1.31% |
| Lic Mf Various Mutual Funds | 1.15% |
1,69,861 shareholders. Pledged: 8.31% of promoter shares.
Peers in Speciality Retail
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TRENT | ₹1,46,843 cr | 81.2x | 21.0x | 29.1% | 34.1% | 18.8% | +34.5% | 0.12% |
| LENSKART | ₹1,13,227 cr | 170.0x | 12.9x | 7.5% | 12.0% | 20.8% | – | – |
| MANYAVAR | ₹11,699 cr | 30.3x | 6.0x | 20.6% | 28.7% | 43.9% | +2.7% | 1.66% |
| ABLBL | ₹8,505 cr | 48.1x | 6.0x | 12.5% | 26.4% | 15.6% | – | – |
| AVL | ₹7,230 cr | 52.0x | 10.5x | 21.9% | 22.4% | 8.9% | – | 0.18% |
| V2RETAIL | ₹5,884 cr | 31.9x | 6.5x | 28.6% | 28.7% | 15.6% | +54.0% | – |
| ABFRL | ₹4,831 cr | – | 0.8x | -12.3% | -5.8% | 7.6% | -13.0% | – |
| ARVINDFASN | ₹4,797 cr | 40.1x | 5.1x | 12.6% | 29.9% | 13.0% | +6.0% | 1.49% |
| SSRETAIL | ₹4,336 cr | – | – | – | – | – | – | – |
| PERNIASPOP | ₹3,421 cr | – | – | – | – | – | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-07 | Dividend | Dividend - Rs 1.60 Per Share |
| 2025-08-12 | Dividend | Dividend - Rs 1.60 Per Share |
| 2024-08-09 | Dividend | Dividend - Rs 1.25 Per Share |
| 2023-09-01 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2022-09-16 | Other | Annual General Meeting |
| 2021-08-12 | Other | Annual General Meeting |
| 2021-02-23 | Rights | Rights 3:20 @ Premium Rs 131/- |
| 2020-09-18 | Other | Annual General Meeting |
| 2020-03-17 | Rights | Rights 16:47 @ Premium Rs 146/- |
| 2019-08-01 | 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
- Wholesale and Retail Trading of Ready-Made Garments and Accessories: Wholesale and Retail Trading of Apparel and Non-Apparel Fashion Products (Footwear, Belts, Bags etc.)
| Sector | Consumer Discretionary |
| Industry | Speciality Retail |
| Sub-industry | Speciality Retail |
| Symbol | ARVINDFASN |
| BSE code | 542484 |
| ISIN | INE955V01021 |
| Face value | ₹4.0 |
| Incorporated | 2016-01-05 |
| Website | www.arvindfashions.com |
| Plants (India / abroad) | 0 / 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.