Arvind Limited
Arvind Limited operates in Garments & Apparels, part of the Textiles sector. It booked ₹2,919 cr of revenue in its latest quarter (Q2 FY27) and kept 5.1% of sales as profit. It is the 2nd largest of 9 Garments & Apparels companies we track, by market value.
| Segment | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | Share |
|---|---|---|---|---|---|---|---|
| Textiles | 3,997 | 6,644 | 6,716 | 5,803 | 6,174 | 7,148 | 78% → 73% |
| Advanced Materials | — | — | 658 | 1,428 | 1,544 | 1,839 | 19% |
| Others | 434 | 438 | 517 | 593 | 738 | 754 | 8% → 8% |
| Advanced Material | 679 | 1,026 | 593 | — | — | — | — |
| Total | 5,111 | 8,108 | 8,483 | 7,824 | 8,456 | 9,740 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“To be the largest integrated textile, apparel technological excellence & advance material player in India with a leadership position in several global markets.”
Healthier than 52% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 438–2,932 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 45
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold
What if I invest in ARVIND?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹2,919 cr |
| Other Income | ₹22 cr |
| Total Income | ₹2,940 cr |
| Cost of Materials | ₹1,320 cr |
| Purchases of Stock-in-Trade | ₹221 cr |
| Inventory Change (±) | ₹-77 cr |
| Employee Benefit Expense | ₹348 cr |
| Finance Costs | ₹71 cr |
| Depreciation & Amortisation | ₹107 cr |
| Other Expenses | ₹797 cr |
| Total Expenses | ₹2,787 cr |
| Exceptional Items | ₹28 cr |
| Profit before Tax | ₹182 cr |
| Tax Expense | ₹32 cr |
| Share of JV / Associates | ₹2 cr |
| Net Profit | ₹152 cr |
| Net margin on total income | 5.2% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 2,553 cr | 2,501 cr | 2,919 cr |
| Total income | 2,574 cr | 2,519 cr | 2,940 cr |
| Expenses | 2,365 cr | 2,408 cr | 2,787 cr |
| Profit before tax | 215 cr | 88 cr | 182 cr |
| Tax | 58 cr | 31 cr | 32 cr |
| Net profit (owners' share) | 160 cr | 53 cr | 148 cr |
| Net margin (owners' share, on revenue) | 6.3% | 2.1% | 5.1% |
| EPS (₹) | 6.10 | 2.04 | 5.55 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Page Industries Limited | ₹35,280 | ₹39,351 cr | 51.0 | 51.3% | 13.6% | — |
| Arvind Limitedthis company | ₹502 | ₹13,646 cr | 22.6 | 13.9% | 5.1% | — |
| Pearl Global Industries Limited | ₹1,267 | ₹5,852 cr | 14.6 | 27.5% | 6.6% | — |
| Gokaldas Exports Limited | ₹708 | ₹5,189 cr | 29.3 | 8.2% | 3.8% | — |
| Lux Industries Limited | ₹1,162 | ₹3,638 cr | 36.6 | 5.1% | 3.3% | — |
| SBC Exports Limited | ₹67 | ₹3,177 cr | 69.5 | 45.4% | 6.9% | — |
| Kewal Kiran Clothing Limited | ₹432 | ₹2,677 cr | 13.8 | 19.4% | 13.1% | — |
| Kitex Garments Limited | ₹133 | ₹2,658 cr | 39.7 | 6.5% | 8.2% | — |
| S. P. Apparels Limited | ₹851 | ₹2,140 cr | 21.5 | 10.5% | 6.2% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹4.5 / share | 4 Sep 2026 |
| Dividend | ₹3.75 / share | 25 Jul 2025 |
| Dividend | ₹3.75 / share | 19 Jul 2024 |
| Dividend | ₹1 / share | 19 Jul 2024 |
| Dividend | ₹3.75 / share | 21 Jul 2023 |
| Dividend | ₹2 / share | 21 Jul 2023 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 23 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
The company has not broken this money down into purposes in its filing for Sep 2026, so there is nothing to measure it against yet. CARE Ratings Limited watches the spending on the exchange’s behalf.
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing