Loading…
Textile manufacturer known for denim and apparel fabrics, part of the Lalbhai Group, also runs branded retail.
Textile manufacturer known for denim and apparel fabrics, part of the Lalbhai Group, also runs branded retail.
Spins and weaves cotton into fabric, mainly denim, sold to apparel brands and garment makers, with garment-making as a further line, so earnings follow brand orders and cotton prices. The Lalbhai family group controls it.
In one line: India's denim mill, like a smaller Levi Strauss supplier.
Moat: narrow (scale, brand). Large-scale denim manufacturing plus a branded retail arm differentiate it from pure commodity mills.
Headquarters: Ahmedabad, India · Founded: 1931 · Employees: 38,872
Size Arvind (ARVIND.NS) is an India Materials company (Textiles) with a market value of $1.43B, the 483rd largest of 1,058 India companies the cockpit tracks. Shares closed at ₹494.75 on 6 Nov 2026.
Performance Over six months the shares gained 10.5%, against +5.0% for the median peer and 0.0% for the India market (cap-weighted) — 7th highest of 13 in its peer set.
Growth Revenue grew 19.1% over the last twelve months (peer median +1.0%); the operating margin is 7.5% (peer median 5.9%).
Valuation It trades at 26.6× forward earnings against a peer median of 17.1× (4th most expensive of 10).
Price implies For today's price to make sense, revenue must grow about 21% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is +8 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 3.1 points below its cost of capital (11.1% WACC).
Next results Next results expected around 2 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹103B | ₹90.7B | ₹81.1B | ₹75.7B | ₹82.3B |
| Revenue growth | — | +12% | +7% | -8% | — |
| Gross profit | ₹35.3B | ₹12.4B | ₹11.0B | ₹9.53B | ₹9.18B |
| EBITDA | ₹11.3B | ₹8.39B | ₹6.98B | ₹7.17B | ₹6.36B |
| Net income | ₹4.59B | ₹4.14B | ₹3.53B | ₹3.37B | ₹4.05B |
| Free cash flow | n/a | ₹2.03B | ₹856M | ₹2.74B | ₹3.24B |
| Capital expenditure | n/a | ₹5.23B | ₹5.35B | ₹2.78B | ₹2.04B |
| Total debt | ₹29.4B | ₹16.6B | ₹15.6B | ₹14.5B | ₹15.2B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Arvind ARVIND.NS | $1.43B | +10% | +19% | 8% | 26.6× | 21.1% |
| Vardhman Textiles VTL.NS | $1.56B | -15% | +3% | 9% | 12.0× | n/a |
| Raymond RAYMOND.NS | $761M | +111% | -6% | 6% | 79.4× | n/a |
| Trident TRIDENT.NS | $1.29B | -11% | -4% | 11% | 17.1× | 18.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ARVIND.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.5% | +1.6% | 6th lowest of 14 |
| 6-month return | +10.5% | +5.0% | 7th highest of 13 |
| Distance from 52-week high | -18.5% | -22.8% | 5th highest of 14 |
| Revenue growth (TTM) | +19.1% | +1.0% | 3rd highest of 13 |
| Operating margin | 7.5% | 5.9% | 6th highest of 13 |
| Forward P/E | 26.6× | 17.1× | 4th most expensive of 10 |
| Growth the price implies (Req g, 7 yrs) | 21.1% | 19.7% | 4th most demanding of 9 |
| Growth delivered (Del g) | +12.8% | +6.9% | 3rd highest of 9 |
| Hurdle (Req g minus delivered) | +8.2 pp | +9.1 pp | 5th least demanding of 9 |
| ROIC minus cost of capital | -3.1 pp | -4.6 pp | 7th highest of 13 |
| EV / EBITDA | 14.2× | 12.3× | 5th most expensive of 11 |
| Net debt / EBITDA | 2.0× | 1.4× | 5th most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Arvind ARVIND.NS | India | $1.43B | +10% | +19% | 8% | 26.6× | 21.1% | +12.8% |
| Vardhman Textiles VTL.NS | India | $1.56B | -15% | +3% | 9% | 12.0× | n/a | n/a |
| Trident TRIDENT.NS | India | $1.29B | -11% | -4% | 11% | 17.1× | 18.5% | +7.9% |
| Aditya Birla Real Estate ABREL.NS | India | $1.26B | -33% | -26% | -19% | n/a | 39.6% | -30.9% |
| Indo Count Industries ICIL.NS | India | $1.03B | +68% | +19% | 8% | 29.7× | 31.4% | +10.5% |
| Kolon Ind 120110.KS | South Korea | $858M | -61% | +2% | 4% | 4.9× | 4.2% | +4.2% |
| Raymond RAYMOND.NS | India | $761M | +111% | -6% | 6% | 79.4× | n/a | n/a |
| Kusumgar KUSUMGAR.NS | India | $612M | n/a | n/a | n/a | 34.7× | n/a | n/a |
| Sanathan Textiles SANATHAN.NS | India | $500M | +21% | +77% | 5% | 23.2× | n/a | n/a |
| Alok Industries ALOKINDS.NS | India | $442M | -41% | +6% | -4% | n/a | n/a | n/a |
| Filatex India FILATEX.NS | India | $427M | +100% | 0% | 6% | n/a | 20.8% | +13.3% |
| GHCL GHCL.NS | India | $406M | -21% | +2% | 20% | 7.7× | -2.5% | +4.2% |
| Jindal Worldwide JINDWORLD.NS | India | $399M | +39% | -2% | 5% | n/a | 21.9% | +6.0% |
| Nitin Spinners NITINSPIN.NS | India | $390M | +33% | 0% | 11% | 12.8× | 6.8% | +14.7% |