ARVINDFASN

Arvind Fashions share price & financials

Price
₹484.05
Market cap
₹6.0k Cr
Sector
Consumer Services
Calls analysed
7
Latest concall · Q1 FY27 · call held 22 Jul 2026

Arvind Fashions Limited Q1 FY27

Revenue ₹1,279 cr +16%EBITDA ₹160 cr +20%PAT ₹10 cr −23%Gross Margin 56.7%

What went well

  • Revenue of ₹1,279 crores, up 15.5% YoY.
  • EBITDA of ₹160 crores, up 19.6% YoY.
  • EBITDA margin expanded 44 bps.

What to watch

  • PAT declined to ₹10 crores from ₹13 crores in Q1 last year, attributed to lower other income.
  • Geopolitical developments (West Asia conflict) and inflationary pressures remain watch items with potential impact on supply lines, raw material, fuel prices, and forex rates.
Read the full call →

What Arvind Fashions Limited does

Arvind Fashions Limited is a branded apparel company that designs, sources and retails menswear, womenswear, kids' wear, footwear and accessories under a portfolio of licensed and in-house lifestyle brands. It runs an asset-light model, sourcing products from third-party vendors and expanding retail largely through the Franchise Owned Franchise Operated (FOFO) route, while selling through its own Exclusive Brand Outlets (EBOs), multi-brand outlets and department stores, and online through brand websites and e-commerce marketplaces. It earns primarily by selling branded apparel across wholesale, retail and online B2C/B2B channels.

Segments

  • Branded Apparel & Accessories
Core brand portfolio
5 core brands (USPA, Tommy Hilfiger, Calvin Klein, Arrow, Flying Machine)
EBO count
1,022 stores (as of Dec 2025)
EBO retail area
~13.07 lakh sq. ft. net (as of Dec 2025)
MBOs / shop-in-shops
9,000+ across department stores (FY2025)
Geographic footprint
475+ cities and towns (FY2025)
Warehouses
7 (FY2025)
Company website

Guidance record · Q1 FY27

what the last two calls moved 13 tracked 2 delivered 4 missed 7 open
  • Revenue Growth delivered said Q3 FY25 Promised: 12% to 15% revenue growth Q1 FY27: Promise for FY26, already achieved. No new update.
  • EBITDA Margin Expansion missed said Q3 FY25 Promised: continue to grow by at least 100 basis points going forward Q1 FY27: Promise for FY26, already missed. No new update.
  • Net Square Foot Addition on track said Q3 FY25 Promised: around 1.5 lakh net square foot addition every year Q1 FY27: Reiterated 1.5 lakh net sq ft addition target for FY27. No specific Q1 addition number provided.

All 13 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 15.4%, net profit up 12.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue1,273 1,203 1,189 1,107 1,418 +11%1,377 +14%1,365 +15%1,278 +15%
EBITDA162 166 159 133 187 +15%195 +17%189 +19%160 +20%
Net profit45 47 -72 25 56 +24%36 −23%66 +192%28 +12%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −19.6% 1Y

₹400₹450₹500₹550Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 4 Nov 2025Q3 FY26 — 29 Jan 2026Q4 FY26 — 7 May 2026Q1 FY27 — 22 Jul 2026

1Y: ₹555.5 on 10 Sept 2025 → ₹446.5. High ₹566.65 (17 Sept 2025), low ₹378.55 (23 Mar 2026).

How the price took the results

close before → close after

Q1 FY27
+0.8%
22 Jul
Q4 FY26
−4.7%
7 May
Q3 FY26
+1.7%
29 Jan
Q2 FY26
−1.4%
4 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 7.6% a year over 3 years, FY23 to FY26. Operating margin widened to 13.4%.

Year endingFY23FY24FY25FY26
Revenue₹4.2k Cr₹4.3k Cr₹4.6k Cr₹5.3k Cr
Operating profit₹433 Cr₹510 Cr₹603 Cr₹704 Cr
Operating margin10.2%12.0%13.1%13.4%
Interest₹128 Cr₹143 Cr₹156 Cr₹171 Cr
Depreciation₹222 Cr₹231 Cr₹255 Cr₹290 Cr
Net profit₹87 Cr₹137 Cr₹34 Cr₹183 Cr
Net margin2.1%3.2%0.7%3.5%
Cash from operations₹317 Cr₹434 Cr₹530 Cr₹404 Cr
Free cash flow₹281 Cr₹354 Cr₹438 Cr₹296 Cr
ROCE14.0%14.0%17.0%20.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹42 Cr₹53 Cr₹53 Cr₹53 Cr₹53 Cr₹53 Cr
Reserves₹480 Cr₹697 Cr₹857 Cr₹950 Cr₹940 Cr₹890 Cr
Borrowings₹1.8k Cr₹958 Cr₹1.3k Cr₹1.1k Cr₹1.2k Cr₹1.3k Cr
Other liabilities₹1.4k Cr₹1.6k Cr₹1.5k Cr₹1.5k Cr₹1.9k Cr₹1.9k Cr
Total liabilities₹3.7k Cr₹3.3k Cr₹3.7k Cr₹3.6k Cr₹4.1k Cr₹4.2k Cr
Fixed assets₹1.0k Cr₹661 Cr₹865 Cr₹896 Cr₹1.0k Cr₹1.1k Cr
Capital work in progress₹0 Cr₹0 Cr₹2 Cr₹4 Cr₹0 Cr₹4 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹2.7k Cr₹2.6k Cr₹2.8k Cr₹2.7k Cr₹3.1k Cr₹3.1k Cr
Total assets₹3.7k Cr₹3.3k Cr₹3.7k Cr₹3.6k Cr₹4.1k Cr₹4.2k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public trimmed −4.09 pp while FIIs added +2.77 pp. The shareholder count shrank 8% to 1,74,838.

Promoters
35.1%
FIIs
12.2%
DIIs
25.0%
Public
27.8%

Since Jun 2025

  • Public −4.09 pp
  • FIIs +2.77 pp
  • DIIs +1.38 pp

How it drifted, 12 quarters

Over this window DIIs went from 8.0% to 25.0% — +17.0 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 36.8%, FIIs 16.6%, DIIs 8.0%, Public 38.6%.Dec '23: Promoters 36.8%, FIIs 16.8%, DIIs 8.4%, Public 38.1%.Mar '24: Promoters 36.8%, FIIs 15.7%, DIIs 10.7%, Public 36.8%.Jun '24: Promoters 35.2%, FIIs 15.6%, DIIs 11.9%, Public 37.3%.Sep '24: Promoters 35.2%, FIIs 10.4%, DIIs 21.0%, Public 33.3%.Dec '24: Promoters 35.2%, FIIs 10.0%, DIIs 21.8%, Public 33.0%.Mar '25: Promoters 35.2%, FIIs 9.4%, DIIs 21.9%, Public 33.5%.Jun '25: Promoters 35.1%, FIIs 9.4%, DIIs 23.6%, Public 31.9%.Sep '25: Promoters 35.1%, FIIs 11.9%, DIIs 22.8%, Public 30.1%.Dec '25: Promoters 35.1%, FIIs 12.1%, DIIs 23.2%, Public 29.6%.Mar '26: Promoters 35.1%, FIIs 12.0%, DIIs 24.6%, Public 28.3%.Jun '26: Promoters 35.1%, FIIs 12.2%, DIIs 25.0%, Public 27.8%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 2 holders trimming and 1 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Arvind Fashions Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Aura Securities Private Limited 31.14%unchanged
Mirae Asset Various Mutual Funds Mutual fund4.43%+0.07 pp
Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Various Mutual Funds Mutual fund4.10%unchanged
ICICI Prudential Life Insurance Company Limited Insurer3.97%+0.15 pp
ICICI Prudential - Various Mutual Funds Mutual fund2.19%+0.85 pp
Goldman Sachs Funds - Goldman Sachs India Equity Portfolio Global fund house1.86%unchanged
Abakkus Various Mutual Funds Mutual fund1.86%newly disclosed
Bhupendra M Shah 1.83%unchanged
Mahindra Manulife Various Mutual Funds Mutual fund1.62%−0.50 pp
LIC Mf Various Mutual Funds Mutual fund1.41%−0.55 pp
Aura Merchandise Private Limited 1.37%unchanged
Kuwait Investment Authority Fund F238 Sovereign1.19%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Mutual funds in ARVINDFASN

Filings to Aug 2026

0 new, 0 added, 0 trimmed, 0 sold out — net +0.00 L shares (+0.0%).

Held by funds
₹26 Cr
1 schemes
Biggest holder
Nippon India Multi Asset Allocation Fund
₹26 Cr · 0.1% of that fund
SchemeHoldingLast month
Nippon India Multi Asset Allocation Fund Nippon India Mutual Fund₹26 Crheld

HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.

Mutual funds Aug 2026

0 added, 0 trimmed — net 0 shares (+0.0%)

Funds are sitting on
-7%
vs est. average cost
Held by funds
₹26 Cr
1 schemes · ≈ 0.46% of the company

Shares held by these funds +42%

May '25 5.69 L shares Jul '26

All earnings calls (7)

Read the Q1 FY27 call →

Learn to analyse Arvind Fashions Limited

Guides on how to read this kind of business and the numbers that matter.