Operates a portfolio of fashion apparel brands in India through company-owned retail stores, online direct-to-consumer platforms, and multi-brand wholesale distribution. The brand portfolio spans US Polo Assn., Tommy Hilfiger and Calvin Klein (under a PVH licence), Arrow, and Flying Machine. The business is shifting decisively towards direct channels, with company retail and online now making up the majority of sales and online B2C the fastest-growing slice; like-for-like retail growth was 11.6% in Q1 FY27. Store expansion continues, with new exclusive brand outlets added each quarter and a larger network rollout planned for the year, mostly through franchise partners, targeting roughly a 50:50 split between like-for-like and inorganic growth. Other operating expenses covering store rents, marketing, and logistics are the single largest cost line at 34.9% of revenue, ahead of employee cost at 6.1% and depreciation at 5.5%; the company employs 7,741 people. Inventory turns stand at 3.5x, with management working to lift them to 3.7-3.8x over 18-24 months as the channel mix normalises. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Direct-to-consumer (own retail stores + online) (62%), Multi-brand wholesale (38%). Multi-brand specialty retail with a brand-licensing model and a structural channel-mix shift to direct-to-consumer
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 3,056 | 4,421 | 4,259 | 4,620 | 5,266 |
| EBITDA (ex other income) | 180 | 453 | 504 | 602 | 681 |
| margin % | 5.9 | 10.2 | 11.8 | 13.0 | 12.9 |
| Owners' profit | (267) | 87 | 81 | (36) | 123 |
| EPS, as reported (₹) | 0.61 | 2.77 | 6.07 | (2.67) | 9.18 |
| ROE % · ROCE % | (27.8) · 0.9 | 8.0 · 15.1 | 11.5 · 16.0 | 2.8 · 19.7 | 15.8 · 21.4 |
| Debt / equity (x) | 0.59 | 0.55 | 0.39 | 0.33 | 0.46 |
| Cash from operations | 300 | 317 | 434 | 530 | 404 |
| Capex | (17) | (63) | (82) | (96) | (109) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,273 | 1,203 | 1,189 | 1,107 | 1,418 | 1,377 | 1,365 | 1,279 |
| Profit before tax | 67 | 69 | 66 | 39 | 87 | 54 | 82 | 40 |
| Net profit | 45 | 47 | (72) | 25 | 56 | 36 | 66 | 28 |
| EPS (₹) | 2.22 | 2.01 | (6.99) | 0.94 | 2.81 | 1.91 | 3.52 | 0.72 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| TRENT LTD | 1,49,424 | 60.9 | 21.02 | 39.8 | 24.2 | 26.2 | 50.6 | 20.1 |
| LENSKART SOLUTIONS LTD | 1,18,565 | 178.0 | 13.39 | 61.6 | 5.7 | 5.8 | — | 24.2 |
| VEDANT FASHIONS LIMITED | 14,190 | 35.2 | 9.29 | 19.5 | 8.5 | 8.4 | — | 52.7 |
| ADITYA BIRLA LIFES BRAN L | 10,194 | 57.6 | 7.22 | 7.9 | 12.1 | 5.0 | — | 16.0 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · Arvind Fashions gets Crisil ESG rating of 61, upgraded to Strong | credit debt | medium | — | — |
| 20 Aug 2026 · Arvind Fashions AGM 2026: All resolutions passed, Rs 1.60 dividend approved | board shareholder meetings | low | — | — |
| 19 Aug 2026 · Deloitte re-appointed as auditor of Arvind Lifestyle Brands for 5 years | management changes | medium | — | — |
| 19 Aug 2026 · AGM held; dividend of Rs 1.60 per share approved; directors and auditor reappointed | board shareholder meetings | low | — | — |
| 12 Aug 2026 · Newspaper ad on special window for physical share transfer and demat | compliance | minimal | — | — |
| 10 Aug 2026 · Senior management to attend two investor conferences in Mumbai | board shareholder meetings | low | — | — |
| 4 Aug 2026 · CEO of Footwear Business resigns effective September 30 2026 | management changes | high | — | — |
| 4 Aug 2026 · Arvind Fashions: CEO of Footwear Division resigns, effective September 30 | management changes | medium | — | — |
| 29 Jul 2026 · Arvind Fashions Q1 FY27 transcript, revenue up 15.5%, EBITDA margin expands | investor communications | medium | — | — |
| 25 Jul 2026 · Arvind Fashions AGM on 19 Aug 2026, e-voting details announced | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| ADITYA VISION LIMITED | 7,991 | 57.4 | 11.61 | — | 17.0 | 17.4 | — | 10.6 |
| V2 RETAIL LIMITED | 7,947 | 5.1 | 8.81 | 16.6 | 18.0 | 14.2 | 41.6 | 14.1 |
| ADITYA BIRLA FASHION & RT | 6,164 | — | 0.98 | 8.4 | (13.3) | (7.1) | 9.3 | 8.5 |
| ARVIND FASHIONS LIMITED ◆ | 5,946 | 49.5 | 5.12 | 8.9 | 15.8 | 12.9 | 19.1 | 13.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 49.5 | 21.9 | 14 of 19 | 28% |
| P/B | 5.1 | 4.3 | 8 of 14 | 46% |
| ROCE | 12.9 | 10.0 | 7 of 20 | 68% |
| ROE | 15.8 | 11.7 | 5 of 14 | 69% |
| Debt / Equity | 0.5 | 0.1 | 11 of 14 | 23% |
| EBITDA margin | 13.0 | 15.7 | 10 of 14 | 31% |
| Revenue growth | 15.5 | 16.6 | 9 of 16 | 47% |
| Profit growth | 11.1 | 20.6 | 8 of 13 | 42% |
| Market cap | 5946 | 845 | 8 of 20 | 63% |
| A rating (BUY / ADD / REDUCE / SELL) |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
