MarketFriction

Arvind Fashions Ltd

NSE ARVINDFASN · BSE 542484 · Speciality Retail
₹379.70 -2.00%
NSE close2026-10-01
52 week range366.20 - 569.00
Market cap₹5,491 Cr.
P/E41.9
Microcap 250 Price band 20% Delivery 52.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,1741,1251,0949551,2731,2031,1891,1071,4181,3771,3651,278
Expenses1,0359829598391,1111,0371,0309741,2301,1821,1761,119
Operating Profit139143135116162166159133187195189160
OPM %12%13%12%12%13%14%13%12%13%14%14%12%
Other Income03612878111413-23137
Interest363835383940394142434548
Depreciation556259616465656971757579
Profit before tax487953246667663987538240
Tax %23%18%25%41%32%31%210%36%35%32%19%30%
Net Profit376540144547-722556366628
EPS in Rs1.633.841.830.102.222.00-6.990.942.811.913.510.72
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,2924,2194,6443,6142,2013,0564,0694,2594,6205,2665,437
Expenses1,2183,9774,3503,3512,2052,8643,6303,7344,0044,5464,707
Operating Profit74242294263-4192440525616720731
OPM %6%6%6%7%-0.2%6%11%12%13%14%13%
Other Income254-41-20-67265633159
Interest3496131278228135135156170185178
Depreciation43139153421303233203230256290300
Profit before tax-11213-477-554-242127194224261262
Tax %-1,310%-12%-67%-16%8%-2%32%29%85%30%
Net Profit151321-399-596-2378713733184186
EPS in Rs1.48-35.31-51.08-20.192.766.06-2.679.178.95
Dividend Payout %0%0%0%0%0%0%36%21%-60%17%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%19%9%14%
Compounded Profit Growth%17%53%666%
Stock Price CAGR%8%8%-21%
Return on Equity-12%-1%6%14%
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital22232323425353535353
Reserves6361,0371,106574480697857950904890
Borrowings6047458242,1621,7559581,2651,1481,1571,336
Other Liabilities9461,3711,5711,6731,4241,5581,4971,4561,6951,936
Total Liabilities2,2083,1763,5244,4333,7013,2673,6723,6073,8094,216
Fixed Assets3405325371,2341,0456618658961,0081,080
CWIP01111002434
Investments82000000000
Other Assets1,7862,6432,9753,1972,6562,6052,8052,7072,7983,132
Total Assets2,2083,1763,5244,4333,7013,2673,6723,6073,8094,216
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-146-78175206-79300317434530404
Cash from Investing Activity-703-145-132-118-40-9-2832-75-98
Cash from Financing Activity855226-46-85113-209-198-491-456-406
Net Cash Flow64-33-68291-25-2-100
Free Cash Flow-206-2522286-121317281354438296
CFO/OP-192%-22%72%82%2,271%163%82%95%93%62%
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days716869791046850555852
Inventory Days495134189239230177173163183211
Days Payable392197198243264224180168141134
Cash Conversion Cycle1735607569224451100129
Working Capital Days52425-14-12116262935
ROCE %7%7%-6%-8%1%14%14%17%20%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters36.80%36.79%36.78%35.21%35.21%35.20%35.19%35.14%35.14%35.11%35.10%35.10%
FIIs16.60%16.76%15.73%15.58%10.44%9.99%9.42%9.38%11.94%12.10%11.97%12.15%
DIIs8.00%8.37%10.66%11.93%21.00%21.81%21.94%23.61%22.79%23.18%24.63%24.99%
Public38.59%38.09%36.82%37.27%33.34%33.00%33.46%31.85%30.13%29.63%28.30%27.76%
No. of Shareholders1,62,0141,67,3231,68,9191,64,7741,68,9121,90,8231,92,5961,89,9481,85,2371,82,0801,77,4461,74,838

Fundamentals

Market Cap₹ 5,491 Cr.
Current Price₹ 410
Stock P/E41.9
Book Value₹ 70.6
ROCE19.6 %
ROE14.1 %
Dividend Yield0.39 %
Face Value₹ 4.00
Compounded Sales Growth (TTM)14%
Compounded Profit Growth (TTM)666%
Consolidated figures.
Valuation
Market capRs 5,075 Cr
Enterprise valueRs 6,347 Cr
P/E (TTM)42.44x
Price to book5.38x
Price to sales0.93x
EV / EBITDA8.58x
EV / EBIT14.45x
EV / sales1.17x
Price to cash flow12.55x
Earnings yield2.36%
Dividend yield0.42%
P/E, 3-year average59.36x
P/B, 3-year average5.64x
P/E, 5-year average73.31x
P/B, 5-year average5.20x
Profitability
Operating margin (excl. other income)13.67%
Operating margin (incl. other income)13.96%
EBITDA margin13.60%
Pre-tax margin4.81%
Net profit margin2.20%
Net margin, latest quarter0.75%
ROE12.90%
ROCE20.28%
ROA3.05%
ROE, 3-year average5.90%
ROCE, 3-year average18.31%
ROA, 3-year average1.44%
ROE, 5-year average-3.98%
ROCE, 5-year average12.61%
ROA, 5-year average-0.46%
ROIC (approx.)13.97%
Tax rate29.55%
Other income / net worth1.62%
Growth
Sales growth (latest year)13.99%
Sales CAGR, 3 years8.97%
Sales CAGR, 5 years19.06%
Profit CAGR, 3 years49.46%
Sales growth QoQ-6.32%
Profit growth QoQ-79.63%
Sales growth YoY (latest quarter)15.46%
Profit growth YoY (latest quarter)-23.87%
Per share
EPS (TTM)Rs 8.95
EPS (latest year)Rs 9.17
EPS (latest quarter)Rs 0.72
EPS, 3-year averageRs 4.19
EPS, 5-year averageRs -0.97
Book value per shareRs 70.60
Sales per shareRs 406.82
Cash flow per shareRs 30.25
Free cash flow per shareRs 22.15
Dividend per share (latest year)Rs 1.60
Dividend per share, 3-year averageRs 1.48
Dividend per share, 5-year averageRs 1.36
Dividends
Dividend payout17.44%
Dividend payout, 3-year average19.03%
Dividend payout, 5-year average24.74%
Efficiency
Asset turnover1.25x
Fixed asset turnover4.88x
Inventory turnover2.18x
Inventory days168 days
Debtor days52 days
Debtors turnover7.01x
Creditor days134 days
Cash conversion cycle129 days
Working capital days35 days
Leverage
Total debtRs 1,336 Cr
Cash and bankRs 64 Cr
Net debtRs 1,272 Cr
Debt to equity1.42x
Net debt / EBITDA1.72x
Interest coverage2.47x
Current ratio (filing 2026-03-31)1.27x
Quick ratio (filing 2026-03-31)0.63x
Trade payables (filing 2026-03-31)Rs 1,387 Cr
Owners' fund to total sources22.38%
Debt to assets31.69%
Cash flow
Cash from Operating Activity (latest year)Rs 404 Cr
Cash from Investing Activity (latest year)Rs -98 Cr
Cash from Financing Activity (latest year)Rs -406 Cr
Net Cash Flow (latest year)Rs -100 Cr
Free cash flow (latest year)Rs 296 Cr
FCFE (approx.: FCF + change in debt)Rs 475 Cr
Cash from ops / profit, 5 years9.73x
Sales to cash flow13.03x
Statement figures
Net sales (TTM)Rs 5,437 Cr
Net sales (latest year)Rs 5,266 Cr
Sales (latest quarter)Rs 1,278 Cr
Operating profit excl. other income (latest year)Rs 720 Cr
Operating profit (latest quarter)Rs 160 Cr
Other income (TTM)Rs 9 Cr
EBITDA (TTM)Rs 739 Cr
PBDT (TTM)Rs 562 Cr
Profit before tax (TTM)Rs 262 Cr
Tax (latest year)Rs 77 Cr
Net profit (TTM)Rs 120 Cr
Net profit (latest year)Rs 123 Cr
Net profit (latest quarter)Rs 10 Cr
Depreciation (TTM)Rs 300 Cr
Depreciation (latest quarter)Rs 79 Cr
Interest (TTM)Rs 178 Cr
Cost of goods sold (latest year)Rs 3,028 Cr
Total expenditure (latest year)Rs 4,546 Cr
Total income (latest year)Rs 5,281 Cr
Share capitalRs 53 Cr
ReservesRs 890 Cr
Shareholders' fundsRs 944 Cr
Total assetsRs 4,216 Cr
Net blockRs 1,080 Cr
Capital work in progressRs 4 Cr
ReceivablesRs 752 Cr
InventoryRs 1,390 Cr
Other liabilitiesRs 1,936 Cr
Shares outstanding (crore)13.37
Ownership
Promoter holding35.10% (-0.04 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 42.4 is the lowest in its own 3.2-year history (median 117.2, low 42.4, high 394.6).
P/B 5.38 is at the 40th percentile (median 6.03).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodARVINDFASNNifty 50Difference
1 week-8.3%-2.8% -5.6 pts
1 month-17.2%-6.8% -10.4 pts
3 months-19.2%-7.6% -11.6 pts
6 months-5.9%+0.4% -6.3 pts
1 year-28.9%-9.9% -19.0 pts
2 years-37.6%-13.6% -24.0 pts
3 years+16.4%+14.2% +2.2 pts
5 years+39.6%+27.9% +11.7 pts
63 mutual fund schemes hold about ₹1,497 Cr. Over three months 50 bought more and 11 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Mirae Asset Focused Fund3.01%203 +16%
Mirae Asset Focused Fund3.01%200 +16%
Axis Small Cap Fund0.42%132 +11%
Abakkus Flexi Cap Fund1.80%114 +26%
Mirae Asset Multicap Fund1.36%76 +31%
ICICI Pru ELSS-Tax Saver Fund0.50%71 +17%
ICICI Pru Business Cycle Fund0.33%52 +691%
Edelweiss Small Cap Fund0.64%47 +8%
Axis Flexi Cap Fund0.32%45 +14%
Axis Flexi Cap Fund0.32%44 +14%
Abakkus Small Cap Fund1.55%43 +24%
Tata Aggressive Hybrid Fund1.01%41 +11%
Mahindra Manulife Small Cap Fund0.66%36 +7%
Mahindra Manulife Multi Cap Fund0.43%33 +8%
Axis Consumption Fund1.18%31 +50%
LIC MF Multi Cap Fund1.31%30 +16%
Nippon India Multi Asset Allocation Fund0.14%26 +6%
Canara Rob Consumption Fund1.25%25 +16%
LIC MF Small Cap Fund2.04%17 +6%
Canara Rob Value Fund1.29%17 +17%
ICICI Pru FMCG Fund1.01%17 +2756%
ICICI Pru FMCG Fund1.01%16 +2756%
Bajaj Finserv Small Cap Fund0.52%14 +47%
Mahindra Manulife Aggressive Hybrid Fund(M0.46%13 +49%
Bandhan Small Cap Fund0.04%13 +0%

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,278 Cr +15.4% vs Jun 2025. Net profit ₹28 Cr +12.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-07Dividend - Rs 1.60 Per Share
2025-08-12Dividend - Rs 1.60 Per Share
2024-08-09Dividend - Rs 1.25 Per Share
2023-09-01Annual General Meeting/Dividend - Re 1 Per Share
2022-09-16Annual General Meeting
2021-08-12 Annual General Meeting
2021-02-23 Rights 3:20 @ Premium Rs 131/-
2020-09-18 Annual General Meeting
2020-03-17 Rights 16:47 @ Premium Rs 146/-
2019-08-01 Annual General Meeting
DateTypeWhat it says
2026-10-01General UpdatesInvestment by its Wholly Owned Subsidiary
2026-09-17ESOPAllotment of Shares.
2026-09-08General UpdatesESG Ratings received from Crisil.
2026-08-20Shareholder meetingArvind Fashions Limited has submitted the Exchange a copy Scrutinizers report and Voting Results of 11th Annual General Meeting held on August 19, 202...
2026-08-19General UpdatesRe-appointment of Statutory Auditor of Material Subsidiary of the company.
2026-08-19Shareholder meetingProceedings of Annual General Meeting held on August 19, 2026.
2026-08-14ESOPAllotment of Shares.
2026-08-10Concall / analyst meetSchedule of meet.
2026-08-04ResignationResignation of Director/KMP/SMP
2026-08-04ResignationResignation of Senior Management Personnel.
2026-07-29Concall / analyst meetTranscript of Earnings Call.
2026-07-25UpdatesLetter sent to Shareholders.
2026-07-24UpdatesBUSINESS RESPONSIBILITY & SUSTAINABILITY REPORTING.
2026-07-24Record DateRecord date for the purpose of Dividend is 07-Aug-2026.
2026-07-24Shareholder meetingNotice of Annual General Meeting to be held on August 19, 2026.
2026-07-23ESOPAllotment of Shares.
2026-07-22Concall / analyst meetLink of Recording.
2026-07-21Investor PresentationInvestor Presentation
2026-07-21Press ReleaseA press release dated July 21, 2026, titled "Arvind Fashions delivers strong revenue growth of 15.5%, EBITDA% of 12.5% (44 bps increase Y-o-Y)".
2026-07-21Board meeting outcomeArvind Fashions Limited has submitted to the Exchange, the unaudited financial results for the period ended Jun 30, 2026.
2026-07-17Concall / analyst meetSchedule of meet.
2026-07-07UpdatesCommunication to Shareholders - Intimation on Tax Deduction on Dividend.
2026-06-04General UpdatesGeneral Updates
2026-06-04UpdatesCommunication to the Shareholders holding shares in physical mode to update their KYC details
2026-06-03Disclosure under SEBI TakeovAura Securities Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of Indi...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Arvind Fashions Ltd?

Arvind Fashions Ltd (ARVINDFASN) has a market capitalisation of Rs 5,491 Cr. at the 2026-10-01 close.

What is the P/E ratio of Arvind Fashions Ltd?

Arvind Fashions Ltd trades at a P/E of 41.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Arvind Fashions Ltd's latest quarterly results?

In the Jun 2026 quarter, Arvind Fashions Ltd sales was Rs 1,278 Cr (+15.4% vs Jun 2025) and net profit was Rs 28 Cr.

What is the 52-week high and low of Arvind Fashions Ltd?

The 52-week high is Rs 569.00 and the 52-week low is Rs 366.20.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03