ARVINDFASNConsumer Services

Arvind Fashions Limited

Speciality Retail · ISIN INE955V01021 · BSE 542484 · NSE EQ · FV ₹4
Last price
₹352
+0.21%today
What this company does

Arvind Fashions Limited operates in Speciality Retail, part of the Consumer Services sector. It booked ₹1,559 cr of revenue in its latest quarter (Q2 FY27) and kept 3.1% of sales as profit. It is the 8th largest of 9 Speciality Retail companies we track, by market value.

“Key Operational Numbers Fashion is one of the most powerful expressions of identity, As of March 31, 2026 aspiration and lifestyle.”
In the report:
56out of 100
Equitytale Health Score
Mixed

Healthier than 56% of companies in Consumer Services, on all six measures of filed financials. Each measure is ranked against the 8–46 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)
34

At close. Not part of the score.

Profitability & returns73

How much profit it earns on the money it employs

Balance sheet26

How much it owes, and whether earnings cover the interest

Cash quality86

Whether reported profit actually arrives as cash

Growth & consistency18

Whether sales and profit have grown, and how steadily

Valuation70

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

Governance & risk67

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 10% vs last year
✓ Profit up 29% vs last year
✓ Strong 20% return on equity
✓ Turns profit into real cash
Watch-outs
! Thin 3.1% net margin
! 8.3% of promoter stake pledged

What if I invest in ARVINDFASN?

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 6% a year, it would become
₹16.33 lakh

The slider starts at 6%, 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 We do not publish price targets or predict returns.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
₹352▲ +0.21%
latest close · 2026-11-04
1-year return
+8.0%
52-wk low ₹21852-wk high ₹486
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 ratio24.0Average
LowAverageHigh
P/B ratio4.81High
Below bookModerateHigh
EV / EBITDA5.9Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity19.8%Strong
WeakFairStrong ▸15%
Return on capital25.3%Strong
WeakFairStrong
Net margin3.1%Thin
ThinDecentStrong
EBITDA margin14.3%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.56Moderate
LowModerateHigh ▸1
Interest cover2.9×Okay
RiskyOkayStrong ▸5×
Current ratio1.24Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹4,706 cr
Book value
₹73
EPS
₹3.66
latest quarter
Net debt
₹601 cr
owes more than its cash
Enterprise value
₹5,307 cr
EBITDA
₹894 cr
annualised
EBIT
₹562 cr
annualised
Operating margin
9.0%
Return on assets
4.0%
Earnings yield
4.16%
P/S
0.75
Sales / share
₹466.3
Tax rate
26.0%
Face value
₹4
Shares
13.4 cr
Working capital
₹628 cr
Current assets
₹3,192 cr
Current liabilities
₹2,565 cr
Delivery %
55.7%
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 2026-11-04.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹263–₹263, midpoint ₹263

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 · Q2 FY27 (consolidated)
Revenue from Operations₹1,559 cr
Other Income₹7 cr
Total Income₹1,566 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹865 cr
Inventory Change (±)₹-146 cr
Employee Benefit Expense₹90 cr
Finance Costs₹49 cr
Depreciation & Amortisation₹83 cr
Other Expenses₹533 cr
Total Expenses₹1,474 cr
Profit before Tax₹91 cr
Tax Expense₹24 cr
Net Profit₹67 cr
Net margin on total income4.3%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹719 cr45.9%
Employee benefit expense₹90 cr5.8%
Finance costs₹49 cr3.1%
Depreciation & amortisation₹83 cr5.3%
Other expenses₹533 cr34.0%
Tax expense₹24 cr1.5%
Profit for the period₹67 cr4.3%
Total income ₹1,566 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue1,365 cr1,279 cr1,559 cr
Total income1,372 cr1,286 cr1,566 cr
Expenses1,296 cr1,245 cr1,474 cr
Profit before tax82 cr40 cr91 cr
Tax15 cr12 cr24 cr
Net profit (owners' share)47 cr10 cr48 cr
Net margin (owners' share, on revenue)3.4%0.7%3.1%
EPS (₹)3.550.753.66
YoY (latest quarter): total income +9.5% · net profit +29.4%
Balance sheet & cash flow · as of Sep 2026
Moderate debt
Total assets
₹4,792 cr
Shareholder equity
₹979 cr
parent shareholders
Total debt
₹690 cr
Cash
₹88 cr
Cash flow · H1 FY27
Operating
₹208 cr
Investing
₹-105 cr
Financing
₹-65 cr
Peer comparison
Speciality Retail · by market value
CompanyPriceMarket capP/E
Trent Limited₹3,037₹1.62 L cr87.3
Lenskart Solutions Limited₹671₹1.17 L cr131.1
Vedant Fashions Limited₹497₹12,070 cr45.2
Aditya Birla Lifestyle Brands Limited₹73₹8,929 cr41.6
Aditya Vision Limited₹529₹6,874 cr93.8
V2 Retail Limited₹165₹6,003 cr—
Aditya Birla Fashion and Retail Limited₹39₹4,789 cr—
Arvind Fashions Limitedthis company₹351₹4,696 cr24.0
SS Retail Limited₹636₹4,189 cr44.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.45%
trailing 12 months
Dividend / share (TTM)
₹1.6
Last dividend
₹1.6
ex 7 Aug 2026
ActionDetailEx-date
Dividend₹1.6 / share7 Aug 2026
Dividend₹1.6 / share12 Aug 2025
Dividend₹1.25 / share9 Aug 2024
Dividend₹1 / share1 Sep 2023
Rights issue20:323 Feb 2021
Rights issue47:1617 Mar 2020
Who owns it · 2026-09-30
⚑ 8.3% pledged
Promoter
35.1%
FII / Foreign
11.9%
DII / Domestic
26.7%
Retail / others
26.3%
Promoter stake down 1.7% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtAFL ESOP TRUST · Designated Person32,500 · ₹74.8 L17 Sep 26
SoldDARSHIL JAYESH SHAH · Immediate Relative50,000 · ₹2.3 cr10 Sep 26
BoughtAFL ESOP TRUST · Designated Person30,000 · ₹79.7 L14 Aug 26
Bulk / block deals
short— · NSE93 Sep 26
short— · NSE2524 Jul 26
short— · NSE30026 May 26
Stake changes
BoughtAxis Mutual Fund→ 5.19% · 3.12 L10 Oct 24
SoldPlenty Private Equity Fund I Limited→ 0.00% · 75.11 L11 Sep 24
SoldPlenty CI Fund I Limited→ 0.00% · 35.53 L11 Sep 24
Promoter pledges
PledgedBajaj Finance Ltd13.00 L · 1.96% held7 Oct 21
PledgedBajaj Finance Ltd26.00 L · 0.00% held3 Sep 21
ReleasedBajaj Finance Ltd8.50 L · 1.45% 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.

Yearly shareholder meeting · 19 Aug 2026
See the official result
1
Adoption of Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, and the Reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
3.96 cr votes for, 205 against · 0% of mutual funds and other big investors said no
2
Adoption of Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, and the Reports of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
3.96 cr votes for, 214 against · 0% of mutual funds and other big investors said no
3
To declare a Dividend on fully paid-up Equity Shares for the financial year ended March 31, 2026. The Board of Directors have recommended a Dividend of Rs. 1.60/- (One Rupee and Sixty Paise only) per fully paid-up equity share of Rs. 4 each
Backed by 100% of shareholders other than promotersneeded 50%
4.57 cr votes for, 1,579 against · 0% of mutual funds and other big investors said no
4
To appoint a director in place of Mr. Kulin Sanjay Lalbhai (DIN: 05206878), who retires by rotation and being eligible, offers himself for reappointment.
Promoters had a personal stake in this
Backed by 93% of shareholders other than promotersneeded 50%
4.24 cr votes for, 33.71 L against · 8% 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 — 50 named members
owning 4.0% between them · as of 2026-09-30
Aura Merchandise Pvt. Ltd.1.37%
Atul Limited1.19%
Aura Business Ventures LLP0.78%
Aagam Holdings Private Limited0.54%
Aayojan Resources Private Ltd0.03%
Anusandhan Investments Limited0.03%
Adhinami Investments Private Limited0.01%
Aagam Agencies Private Ltd (Formerly known as Adhigam Investments Private Ltd)no shares
Business done with them
FY2026 · 1 of the group
The company paid ₹18 cr to companies in the promoter group last year — about 0.3% of its ₹5,266 cr revenue and received ₹1 cr back from them.
ARVIND LIMITED
Other payments to them · Multiple
₹17 cr
company paid
ARVIND LIMITED
Other income from them · Multiple
₹1 cr
company received
ARVIND LIMITED
Bought goods from them · Multiple
₹78 L
company paid
ARVIND LIMITED
Bought property or assets from them · Multiple
₹9 L
company paid
ARVIND LIMITED
Sold goods to them · Multiple
₹1 L
company received

The company also transacted with 2 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.