ARVINDTextiles

Arvind Limited

Garments & Apparels · ISIN INE034A01011 · BSE 500101 · NSE EQ · FV ₹10
Last price
₹542
-1.18%today
What this company does

Arvind Limited operates in Garments & Apparels, part of the Textiles sector. It booked ₹2,501 cr of revenue in its latest quarter (Q1 FY27) and kept 2.1% of sales as profit. It is the 2nd largest of 9 Garments & Apparels companies we track, by market value.

Their stated vision

To be the largest integrated textile, apparel technological excellence & advance material player in India with a leadership position in several global markets.

In the report:
45out of 100
Equitytale Health Score
Mixed

Healthier than 45% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 412–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
46

At close. Not part of the score.

Profitability & returns31

How much profit it earns on the money it employs

Balance sheet36

How much it owes, and whether earnings cover the interest

Cash quality88

Whether reported profit actually arrives as cash

Growth & consistency45

Whether sales and profit have grown, and how steadily

Valuation22

What today's price implies, against our models or its peers

Governance & risk65

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 25% vs last year
Turns profit into real cash
Watch-outs
! Thin 2.1% net margin
! 7.2% of promoter stake pledged
! Low 5.3% return on equity

What if I invest in ARVIND?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

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 We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹542 -1.18%
latest close · 2026-09-17
1-year return
+494.8%
52-wk low ₹8252-wk high ₹607
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio66.4High
LowAverageHigh
P/B ratio3.51High
Below bookModerateHigh
EV / EBITDA16.5High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity5.3%Weak
WeakFairStrong ▸15%
Return on capital11.5%Fair
WeakFairStrong
Net margin2.1%Thin
ThinDecentStrong
EBITDA margin9.4%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.35Comfortable
LowModerateHigh ▸1
Interest cover2.6×Okay
RiskyOkayStrong ▸5×
Current ratio1.14Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹14,198 cr
Book value
₹154
EPS
₹2.04
latest quarter
Net debt
₹1,353 cr
owes more than its cash
Enterprise value
₹15,550 cr
EBITDA
₹942 cr
annualised
EBIT
₹570 cr
annualised
Operating margin
5.7%
Return on assets
2.4%
Earnings yield
1.51%
P/S
1.42
Sales / share
₹381.6
Tax rate
35.3%
Face value
₹10
Shares
26.2 cr
Working capital
₹548 cr
Current assets
₹4,441 cr
Current liabilities
₹3,893 cr
Delivery %
44.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

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 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹107₹211, midpoint ₹110

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.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹2,501 cr
Other Income₹18 cr
Total Income₹2,519 cr
Cost of Materials₹1,198 cr
Purchases of Stock-in-Trade₹121 cr
Inventory Change (±)₹-106 cr
Employee Benefit Expense₹322 cr
Finance Costs₹54 cr
Depreciation & Amortisation₹93 cr
Other Expenses₹726 cr
Total Expenses₹2,408 cr
Exceptional Items₹-23 cr
Profit before Tax₹88 cr
Tax Expense₹31 cr
Share of JV / Associates₹86 L
Net Profit₹58 cr
Net margin on total income2.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹1,213 cr48.6%
Employee benefit expense₹322 cr12.9%
Finance costs₹54 cr2.2%
Depreciation & amortisation₹93 cr3.7%
Other expenses₹726 cr29.1%
Tax expense₹31 cr1.2%
Profit for the period₹58 cr2.3%
Total income ₹2,519 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue2,373 cr2,553 cr2,501 cr
Total income2,385 cr2,574 cr2,519 cr
Expenses2,212 cr2,365 cr2,408 cr
Profit before tax149 cr215 cr88 cr
Tax46 cr58 cr31 cr
Net profit (owners' share)98 cr160 cr53 cr
Net margin (owners' share, on revenue)4.1%6.3%2.1%
EPS (₹)3.726.102.04
YoY (latest quarter): total income +25.0% · net profit +0.4%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹8,836 cr
Shareholder equity
₹4,044 cr
parent shareholders
Total debt
₹1,441 cr
Cash
₹88 cr
Cash flow · H1 FY26
Operating
₹439 cr
Investing
₹-239 cr
Financing
₹-219 cr
Peer comparison
Garments & Apparels · by market value
CompanyPriceMarket capP/E
Page Industries Limited₹35,020₹39,061 cr50.6
Arvind Limitedthis company₹542₹14,198 cr66.4
Gokaldas Exports Limited₹728₹5,331 cr30.1
Pearl Global Industries Limited₹1,143₹5,279 cr13.1
Lux Industries Limited₹1,043₹3,263 cr35.4
Kewal Kiran Clothing Limited₹490₹3,036 cr20.4
S. P. Apparels Limited₹1,003₹2,522 cr25.4
Kitex Garments Limited₹121₹2,406 cr
SBC Exports Limited₹48₹2,298 cr60.3
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.83%
trailing 12 months
Dividend / share (TTM)
₹4.5
Last dividend
₹4.5
ex 4 Sep 2026
ActionDetailEx-date
Dividend₹4.5 / share4 Sep 2026
Dividend₹3.75 / share25 Jul 2025
Dividend₹3.75 / share19 Jul 2024
Dividend₹1 / share19 Jul 2024
Dividend₹3.75 / share21 Jul 2023
Dividend₹2 / share21 Jul 2023
Who owns it · 2026-08-06
7.2% pledged
Promoter
38.1%
FII / Foreign
15.9%
DII / Domestic
22.8%
Retail / others
23.3%
Promoter stake down 3.0% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtAANAL P. BHAGWATI · Other34,00030 Mar 26
SoldREENA P. BHAGWATI · Director34,00030 Mar 26
BoughtREENA P. BHAGWATI · Director68,00027 Mar 26
Bulk / block deals
short · NSE5010 Sep 26
short · NSE2,74031 Aug 26
short · NSE526 Aug 26
Stake changes
BoughtAura Business Ventures LLP · promoter→ 2.02% · 52.19 L6 Dec 19
BoughtBajaj finance Ltd · promoter→ 5.38% · 32.22 L26 Nov 18
BoughtHDFC Mutual Fund: HDFC Trustee Company Limited A/c - HDFC Arbitrage Fund, HDFC Equity Savings Fund, HDFC Mid-Cap Opportunities Fund→ 5.09% · 2.02 L16 Nov 18
Promoter pledges
PledgedBajaj Finance Ltd25.00 L · 1.93% held7 Oct 21
PledgedBajaj Finance Ltd50.00 L · 0.00% held3 Sep 21
ReleasedBajaj Finance Ltd42.50 L · 1.64% held16 Mar 20
What shareholders were asked to approve

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.

Postal ballot · 11 Mar 2026
See the official result
1
Amendment of ‘AL - Employee Stock Option Scheme 2021’ for administration of the scheme through an irrevocable employee welfare trust and amendment in Exercise Price Clause of the existing Scheme.
Backed by 100% of shareholders other than promotersneeded 75%
9.64 cr votes for, 8,192 against · 0% of mutual funds and other big investors said no
2
To approve secondary acquisition of shares through Trust route for the implementation of ‘AL - Employee Stock Option Scheme 2021’.
Backed by 100% of shareholders other than promotersneeded 75%
9.64 cr votes for, 8,196 against · 0% of mutual funds and other big investors said no
3
To approve provision of money by the Company to acquire its own shares by the trust under the ‘AL - Employee Stock Option Scheme 2021’.
Backed by 100% of shareholders other than promotersneeded 75%
9.64 cr votes for, 8,436 against · 0% of mutual funds and other big investors said no
4
To approve sale, disposal and lease of assets having value exceeding 20% of the assets of Arvind Advanced Materials Limited (AAML), Material Subsidiary of the Company, on an aggregate basis during a financial year pursuant to Regulation 24(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Backed by 99% of shareholders other than promotersneeded 75%
9.59 cr votes for, 5.18 L against · 1% of mutual funds and other big investors said no

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.

Who controls this company, and what it pays them

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 promoter group — 48 named members
owning 5.1% between them · as of 2026-08-06
Aura Business Ventures LLP2.56%
Atul Limited1.52%
Aagam Holdings Private Limited0.69%
Lalbhai Realty Finance Private Limited0.17%
Akshita Holdings Private Limited0.06%
Aayojan Resources Private Ltd0.04%
Anusandhan Investments Limited0.04%
Adhinami Investments Private Limited0.03%
Business done with them
FY2025 · 2 of the group
The company paid ₹6 cr to companies in the promoter group last year — about 0.1% of its ₹8,329 cr revenue and received ₹4 cr back from them.
Shri Kulin S. Lalbhai
Other payments to them · Remuneration
₹6 cr
company paid
ARVIND FASHIONS LIMITED
Other income from them · Various
₹3 cr
company received
ARVIND FASHIONS LIMITED
Sold goods to them · Various
₹69 L
company received

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.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.