Arvind
- Market cap
- ₹ 13,095 Cr.
- P/E
- 29.8x
- P/B
- 3.14x
- 52-week range
- 286 – 607.15
- ROE
- 11%
- ROCE
- 14%
- Dividend yield
- 0.9%
- Debt / equity
- 0.41
- Sector
- Textiles & Apparels
- Industry
- Garments & Apparels
- Listed on
- NSE, BSE
About
Arvind Limited is an India-based vertically integrated textile company. Its segments include Textiles, Advanced Materials and Others. The Textiles segment includes fabrics, garments, and fabric retail. The Advanced Materials segment consists of human protection fabrics and garments, industrial products, advanced composites and automotive fabrics. The Others segment includes EPABX and one to many radios, development of residential units, construction contracts and others. It manufactures a range of cotton shirts, denim, knits and bottom weights (khakis) fabrics and shirt garments. Its business includes fabric and apparel, brands and retail, real estate, engineering, environmental solutions, advanced materials and telecom. The Company, through its subsidiary, is also engaged in the manufacturing and fabrication of processed equipment and in the water treatment business. Its subsidiaries include Arvind PD Composites Private Limited, Arvind OG Nonwovens Private Limited and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Garments & Apparels: 62 companies →Arvind against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)29.8 against a typical 19.1: pricier than most peers (1st = cheapest).42nd of 62
- Sales growth+24.7% against a typical +8.8% from a year earlier.13th of 46
- Profit growth+5.5% against a typical +4.1% from a year earlier.19th of 41
- Share price, 3 months−3.7% against a typical −5.1%.25th of 56
- Size₹ 13,095.3 Cr. market value against a typical ₹ 152.5 Cr. (1st = largest).2nd of 58
Latest announcements
Exchange filings and their impact on the company.
- Rs 500 cr QIP fully used with Rs 400 cr debt repaid, cutting leverage and lifting profit.
Arvind filed CARE Ratings monitoring report for its Rs 500 crore QIP for the quarter ended September 2026. It shows Rs 400 crore used to repay working capital loans, Rs 86.11 crore for general corporate purposes and Rs 13.88 crore for issue expenses, with almost nothing left unused and no deviation. The debt repayment lowers leverage and future interest costs.
- Record Q2 revenue and EBITDA with 23-27% growth and AA upgrade offset textile cost pressure and higher Dalco debt.
Arvind posted record Q2 FY27 revenue of Rs 2,919 crore, up 23%, and EBITDA of Rs 331 crore, up 27%, with PAT up 16% to Rs 123 crore. Growth was led by Advanced Materials, up 81% to Rs 805 crore including Rs 256 crore from Dalco-GFT, and textiles up 11%, though textile margins fell ~75 bps on cotton, yarn and freight costs. The company allotted 99 lakh shares at Rs 505 via QIP raising Rs 500 crore, commissioned Phase-1 of its Varanasi garment plant, and got its credit rating upgraded to AA with stable outlook.
- New Rs 150 cr Varanasi garment plant adds Rs 250 cr revenue potential (~2.7% of sales) and vertical integration upside.
Prime Minister Narendra Modi inaugurated Arvind's first Uttar Pradesh unit, a greenfield garment factory in Varanasi. Built with about Rs 150 crore on 5.5 acres (65,000 sq ft), the automated knitwear plant has Rs 250 crore revenue potential and will employ over 1,000 people, mostly women. The plant forward-integrates Arvind's in-house knitted fabric and is positioned to serve newly opened European and UK markets under recent FTAs.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE AA / CARE A1+ | Stable | 25 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 25 Aug 2026 | ▲ Upgrade1 notch | CARE AA- → CARE AA / CARE A1+ | — | CARE | ₹ 3,343.89 Cr. | |
| 9 Oct 2025 | Reaffirmed | CARE AA- | — | CARE | ₹ 3,310.24 Cr. |
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 28 Oct 2026 | QIP | Allotted | ₹ 500 Cr. | — | — | |
| 28 Oct 2026 | QIP | Allotted | ₹ 500 Cr. | ₹ 505 | +0.99% |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 28 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 12 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 3 Jul 2026 | Fund Raising | To consider Fund Raising |
| 15 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 30 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 7 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 29 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 | 1,922 | 1,888 | 2,075 | 1,831 | 2,188 | 2,089 | 2,221 | 2,006 | 2,371 | 2,373 | 2,553 | 2,501 |
| Expenses | 1,716 | 1,673 | 1,832 | 1,681 | 1,967 | 1,853 | 1,976 | 1,829 | 2,124 | 2,100 | 2,247 | 2,261 |
| Operating Profit | 206 | 216 | 243 | 150 | 221 | 236 | 245 | 177 | 247 | 273 | 306 | 240 |
| OPM % | 11% | 11% | 12% | 8% | 10% | 11% | 11% | 9% | 10% | 11% | 12% | 10% |
| Other Income | 13 | 10 | 8 | 13 | 12 | 11 | 30 | 9 | 15 | −12 | 35 | −4 |
| Interest | 39 | 39 | 45 | 40 | 39 | 40 | 47 | 41 | 41 | 42 | 41 | 54 |
| Depreciation | 67 | 66 | 67 | 68 | 60 | 62 | 69 | 69 | 72 | 72 | 78 | 93 |
| Profit before tax | 113 | 120 | 138 | 54 | 135 | 145 | 158 | 76 | 149 | 147 | 223 | 89 |
| Tax % | 26% | 21% | 24% | 19% | 53% | 27% | 2% | 28% | 28% | 31% | 26% | 35% |
| Net Profit | 84 | 94 | 104 | 44 | 63 | 106 | 155 | 55 | 107 | 101 | 165 | 58 |
| EPS in Rs | 3.06 | 3.51 | 3.79 | 1.5 | 2.28 | 3.95 | 5.77 | 2.03 | 3.94 | 3.72 | 6.09 | 2.04 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 2%
- 5 Years
- 13%
- 3 Years
- 4%
- TTM
- 15%
- 10 Years
- 3%
- 5 Years
- 135%
- 3 Years
- 6%
- TTM
- 19%
- 10 Years
- 17%
- 5 Years
- 42%
- 3 Years
- 47%
- TTM
- —
- 10 Years
- 8%
- 5 Years
- 10%
- 3 Years
- 10%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Arvind | ₹ 510.00 | ₹ 13,095 Cr. | 29.8x | 3.1x | 11% | — |
| Trident | ₹ 20.48 | ₹ 10,437 Cr. | 34.3x | 2.7x | 8% | 5.6% |
| Garware Technical Fibres | ₹ 740.25 | ₹ 7,202 Cr. | 35.8x | 5.6x | 16.4% | 13.9% |
| Filatex India | ₹ 91.60 | ₹ 4,068 Cr. | 17.3x | 2.1x | 12.9% | 4.4% |
| Nitin Spinners | ₹ 602.30 | ₹ 3,386 Cr. | 17.4x | 2.1x | 12.8% | 5.5% |
| NIBE Ltd | ₹ 1,125.15 | ₹ 1,717 Cr. | 441.5x | 6.5x | 1.9% | 0% |
Management
- Sanjay Shrenikbhai Lalbhai
- Executive Chairman of the Board
- Kulin Sanjay Lalbhai
- Executive Vice Chairman of the Board
- Punit Sanjay Lalbhai
- Executive Vice Chairman of the Board
- Jayesh Kantilal Shah
- Group Chief Financial Officer, Whole Time Director
- Nigam Gautamkumar Shah
- Chief Financial Officer, Additional Executive Director
- Pritesh Shah
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.