āagman

Not investment advice. Data and computed figures, for information only.

Arvind Fashions Ltd

NSE: ARVINDFASN
₹398.90
−₹10.25 (−2.51%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹5,386 Cr
CMP
₹398.90
52-wk High / Low
₹569 / 366
P/E
41.1
P/B
5.7
Book Value
₹70.6
Div Yield
0.40%
ROCE
20.0%
ROE
14.1%
Face Value
₹4
D/E
1.42

Price−20.7% over 1Y

āagman read

Computed by āagman
Derived from 10 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
7
/ 9
7 of 9 F-score tests passed
Graham Number
₹121
√(22.5 × EPS × book value per share)
ROIC
13.3%
vs 7.6% sector median
Cash flow to profit
2.20
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+51
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
11.8%
ROE × earnings retention ratio
ROE stability
18.0
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.18DII +0.36
Latest quarter vs the previous one
Cash-accrual divergence
−5.5%
of assets
Low = accruals track cash flow
Strengths
+Piotroski F-Score of 7/9 is in the strong band (≥7)
+PE of 41.1x is below the sector median of 41.4x
Watch-outs
−Price trades below its 200-day moving average (0.9x)
−Promoter holding fell by 1.7pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8671,1741,1251,0949551,2731,2031,1891,1071,4181,3771,3651,278
Expenses7731,0359829598391,1111,0371,0309741,2301,1821,1761,119
Operating Profit93139143135116162166159133187195189160
OPM %10.7%11.8%12.7%12.3%12.1%12.7%13.8%13.4%12.0%13.2%14.2%13.8%12.5%
Other Income1003612878111413−23137
Interest34363835383940394142434548
Depreciation55556259616465656971757579
Profit before tax14487953246667663987538240
Net Profit−5376540144547−722556366628
EPS (₹)−1.241.633.841.830.102.222.00−6.990.942.811.913.510.72

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 10 years + TTM
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 %5.7%5.7%6.3%7.3%−0.2%6.3%10.8%12.3%13.3%13.7%13.4%
Other Income254−41−20−67265633159
Interest3496131278228135135156170185178
Depreciation43139153421303233203230256290300
Profit before tax−11213−477−554−242127194224261262
Net Profit151321−399−596−2378713733184186
EPS (₹)——1.48−35.31−51.08−20.192.766.06−2.679.178.95

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 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—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
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

Ratios

As of 31 Mar 2026
10 periods
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—7.07.0−6.0−8.01.014.014.017.020.0
ROE %—————————14.1
EPS (₹)——1.48−35.31−51.08−20.192.766.06−2.679.17
Book Value (₹)—————————70.6
Face Value (₹)—————————4
P/E—————————41.1
Div Yield %—————————0.40
NPM %1.20.30.5−11.2−27.3−7.92.13.20.73.5
OPM %6.06.06.07.0−0.26.011.012.013.014.0
D/E0.920.700.733.623.361.281.391.141.211.42
P/B—————————5.7

Growth

As of 11 Oct 2026
Compounded sales growth
5 years+19.0%
3 years+9.0%
TTM+14.0%
Compounded profit growth
5 years+17.0%
3 years+53.0%
TTM+666.0%
Stock price CAGR
5 years+4.0%
3 years+7.0%
Last year−20.0%
Return on equity
10 years−12.0%
5 years−1.0%
3 years6.0%
Last year14.0%

Shareholding pattern

As of 30 Sep 2025
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters36.00%36.00%35.58%40.41%36.92%36.82%36.78%35.19%35.10%35.10%
FIIs18.01%18.01%15.56%8.02%7.87%16.31%15.73%9.42%11.97%12.15%
DIIs13.09%13.09%20.96%11.56%11.25%10.53%10.66%21.94%24.63%24.99%
Government——————————
Public32.90%32.90%27.90%40.01%43.95%36.33%36.82%33.46%28.30%27.76%
No. of shareholders1,89,9391,89,9391,67,2611,73,9991,71,4651,63,9301,68,9191,92,5961,77,4461,74,838
Change since Jun 2023 (pp)
Promoters −0.90FIIs −5.86DIIs +11.90Public −5.14

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Intimation Under Regulation 30Closure of Trading WindowAnnouncement under Regulation 30 (LODR)-Allotment of ESOP / ESPSESG Ratings From Crisil
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026TranscriptJul 2026PPTJul 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026PPTFeb 2026TranscriptFeb 2026PPTNov 2025TranscriptNov 2025PPTNov 2025Recording

Corporate actions

As of 7 Aug 2026
7 Aug 2026DIVIDENDDividend - Rs 1.60 Per Share—
12 Aug 2025DIVIDENDDividend - Rs 1.60 Per Share—
9 Aug 2024DIVIDENDDividend - Rs 1.25 Per Share—
1 Sep 2023DIVIDENDAnnual General Meeting/Dividend - Re 1 Per Share—
23 Feb 2021RIGHTS Rights 3:20 @ Premium Rs 131/-—
17 Mar 2020RIGHTS Rights 16:47 @ Premium Rs 146/-—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman