Arvind (ARVIND)₹500.40+0.17%Garments & Apparels
In the Sep 2026 quarter (consolidated), Arvind reported sales of ₹2,920 Cr, up 23.1% from Sep 2025, and net profit of ₹152 Cr, up 42.1% year on year. For the year to Mar 2026, sales were ₹9,309 Cr and net profit ₹425 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,890 | 2,077 | 1,834 | 2,188 | 2,091 | 2,222 | 2,009 | 2,372 | 2,376 | 2,555 | 2,502 | 2,920 |
| Expenses | 1,675 | 1,834 | 1,682 | 1,968 | 1,854 | 1,976 | 1,830 | 2,127 | 2,101 | 2,248 | 2,264 | 2,612 |
| Operating Profit | 217 | 244 | 150 | 222 | 237 | 246 | 177 | 248 | 274 | 307 | 241 | 311 |
| OPM % | 10.9% | 12.0% | 8.0% | 10.0% | 11.0% | 10.9% | 9.0% | 9.9% | 10.9% | 11.9% | 10.0% | 11.0% |
| Other Income | 9.99 | 8.01 | 12.99 | 12.01 | 11.01 | 30.02 | 8.99 | 15.01 | −12.01 | 35.02 | −4.01 | 52.04 |
| Interest | 39.01 | 44.99 | 39.95 | 38.99 | 39.96 | 46.99 | 40.96 | 40.95 | 41.95 | 40.99 | 54.01 | 70.93 |
| Depreciation | 65.84 | 66.88 | 67.91 | 59.87 | 61.89 | 68.83 | 68.85 | 71.84 | 71.82 | 77.87 | 92.81 | 107 |
| Profit before tax | 120 | 138 | 53.89 | 135 | 145 | 158 | 75.82 | 149 | 147 | 222 | 88.85 | 184 |
| Tax % | 20.9% | 23.9% | 18.9% | 52.9% | 26.9% | 2.0% | 27.9% | 27.9% | 30.9% | 25.9% | 34.9% | 17.9% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −16.06 | 5.02 | −15.05 | 21.08 |
| Net Profit | 93.70 | 104 | 43.82 | 62.78 | 106 | 154 | 54.83 | 107 | 101 | 164 | 57.83 | 152 |
| EPS (Rs) | 3.50 | 3.78 | 1.49 | 2.27 | 3.94 | 5.76 | 2.02 | 3.93 | 3.71 | 6.07 | 2.03 | 5.43 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8,013 | 9,234 | 6,805 | 7,151 | 7,381 | 5,077 | 8,018 | 8,385 | 7,746 | 8,331 | 9,309 | 10,353 |
| Expenses | 7,036 | 8,268 | 6,111 | 6,428 | 6,663 | 4,596 | 7,179 | 7,558 | 6,867 | 7,434 | 8,245 | 9,225 |
| Operating Profit | 976 | 963 | 693 | 725 | 711 | 479 | 833 | 830 | 882 | 898 | 1,065 | 1,132 |
| OPM % | 11.9% | 9.9% | 9.9% | 9.9% | 10.0% | 9.0% | 10.0% | 9.9% | 11.0% | 10.9% | 10.9% | 10.9% |
| Other Income | 89.10 | 66.04 | 109 | 39.01 | 5.01 | 15.01 | 13.01 | 100 | 42.02 | 65.04 | 44.02 | 71.04 |
| Interest | 383 | 312 | 192 | 236 | 255 | 239 | 197 | 192 | 193 | 208 | 220 | 208 |
| Depreciation | 239 | 293 | 222 | 235 | 289 | 284 | 254 | 252 | 266 | 258 | 290 | 349 |
| Profit before tax | 440 | 419 | 384 | 289 | 168 | −30.96 | 392 | 483 | 462 | 492 | 594 | 642 |
| Tax % | 27.9% | 23.9% | 17.9% | 21.0% | 44.9% | −11.1% | 37.9% | 14.9% | 23.9% | 24.9% | 27.9% | — |
| Exceptional items | 4.02 | −12.05 | −12.05 | −25.09 | −32.12 | −17.07 | −2.01 | 49.18 | 2.01 | 21.08 | −9.03 | −5.01 |
| Net Profit | 315 | 320 | 315 | 227 | 91.67 | −26.89 | 241 | 412 | 352 | 366 | 425 | 474 |
| EPS (Rs) | 12.15 | 12.16 | 11.94 | 8.74 | 3.69 | −0.63 | 9.12 | 15.44 | 12.85 | 13.47 | 15.75 | 17.24 |
| Dividend payout % | 19.9% | 19.9% | 20.0% | 22.9% | 0.0% | 0.0% | 0.0% | 36.9% | 37.0% | 27.9% | 28.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 258 | 258 | 258 | 259 | 259 | 259 | 259 | 261 | 262 | 262 | 262 | 262 |
| Reserves | 2,461 | 2,380 | 3,303 | 3,513 | 2,487 | 2,443 | 2,454 | 2,684 | 3,076 | 3,273 | 3,513 | 3,774 |
| Borrowings | 3,398 | 3,818 | 2,925 | 3,325 | 2,699 | 2,636 | 2,119 | 1,866 | 1,519 | 1,448 | 1,562 | 1,660 |
| Other Liabilities | 1,847 | 1,657 | 2,024 | 3,067 | 1,863 | 1,781 | 1,863 | 2,874 | 2,028 | 2,243 | 2,683 | 3,099 |
| Total Liabilities | 7,964 | 8,114 | 8,511 | 10,165 | 7,306 | 7,119 | 6,696 | 7,685 | 6,885 | 7,226 | 8,021 | 8,795 |
| Fixed Assets | 3,196 | 3,346 | 3,661 | 3,947 | 3,408 | 3,820 | 3,575 | 3,470 | 3,415 | 3,407 | 3,568 | 3,981 |
| CWIP | 100 | 147 | 96.23 | 116 | 263 | 113 | 78.17 | 46.13 | 80.16 | 117 | 410 | 121 |
| Investments | 58.96 | 544 | 277 | 76.01 | 77.99 | 89.94 | 69.98 | 65.99 | 211 | 167 | 150 | 269 |
| Other Assets | 4,609 | 4,076 | 4,477 | 6,025 | 3,558 | 3,096 | 2,971 | 4,103 | 3,179 | 3,534 | 3,893 | 4,423 |
| Inventories | 1,841 | 1,915 | 2,381 | 2,242 | 1,596 | 1,274 | 1,159 | 2,204 | 1,645 | 1,983 | 2,135 | 2,169 |
| Trade receivables | 1,168 | 769 | 796 | 1,770 | 899 | 1,050 | 1,095 | 1,111 | 967 | 1,072 | 1,178 | 1,447 |
| Cash & equivalents | 83.03 | 60.98 | 53.99 | 65.03 | 81.04 | 84.07 | 51.99 | 77.03 | 77.08 | 76.04 | 117 | 163 |
| Total Assets | 7,964 | 8,114 | 8,511 | 10,165 | 7,306 | 7,119 | 6,696 | 7,685 | 6,885 | 7,226 | 8,021 | 8,795 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 560 | 653 | 553 | 430 | 2,368 | 864 | 779 | 597 | 668 | 699 | 766 | 870 |
| Cash from investing activity | −585 | −502 | 65.76 | −352 | −1,303 | −305 | −80.70 | −121 | −135 | −276 | −491 | −605 |
| Cash from financing activity | −48.09 | −151 | −623 | −55.16 | −1,021 | −577 | −719 | −440 | −535 | −420 | −272 | −229 |
| Net cash flow | −76.79 | −2.99 | −3.99 | 19.95 | 32.94 | −19.95 | −21.94 | 33.92 | −2.99 | 0.99 | −0.99 | 31.94 |
| Capex | 563 | 583 | 447 | 531 | 649 | 415 | 116 | 186 | 204 | 278 | 536 | 523 |
| Free cash flow | 54.03 | 127 | 120 | −27.05 | 2,401 | 465 | 688 | 448 | 497 | 444 | 280 | 382 |
| CFO / OP % | 67.0% | 78.9% | 67.9% | 80.9% | 303.9% | 126.0% | 164.9% | 75.9% | 90.9% | 93.9% | 96.0% | 97.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 53 | 34 | 30 | 94 | 45 | 51 | 78 | 50 | 41 | 49 | 51 | 56 |
| Inventory days | 194 | 203 | 208 | 259 | 180 | 126 | 169 | 197 | 136 | 198 | 198 | 178 |
| Days payable | 142 | 129 | 125 | 248 | 153 | 124 | 204 | 194 | 102 | 137 | 153 | 161 |
| Cash conversion cycle | 106 | 109 | 114 | 106 | 73 | 54 | 44 | 53 | 76 | 111 | 96 | 73 |
| Working capital days | 9 | −10 | 4 | 20 | −4 | −10 | 12 | 15 | 9 | 14 | 6 | 6 |
| ROCE % | 15.0% | 13.0% | 11.0% | 8.0% | 9.0% | 9.0% | 5.0% | 13.0% | 13.0% | 13.0% | 13.0% | 15.0% |
For the Sep 2026 quarter, Arvind reported sales of ₹2,920 Cr, up 23.1% year on year and net profit of ₹152 Cr, up 42.1% year on year. The operating margin was 11.0%.
Arvind's sales for the year to Mar 2026 were ₹9,309 Cr; over the last twelve months they were ₹10,353 Cr.
Net profit for the year to Mar 2026 was ₹425 Cr, and ₹474 Cr over the last twelve months. Earnings per share over the same trailing period were ₹17.24.
Arvind reported borrowings of ₹1,660 Cr at Mar 2026, against cash and equivalents of ₹163 Cr.
Cash from operations was ₹870 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹382 Cr.