Financials Arvind Limited NSE India S.E.

Equities

ARVIND

INE034A01011

Textiles & Leather Goods

Delayed NSE India S.E. 06:23:23 08/07/2024 BST 5-day change 1st Jan Change
392.9 INR +0.50% Intraday chart for Arvind Limited +3.79% +50.22%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 5,111 17,011 30,098 22,319 70,679 102,219 - -
Enterprise Value (EV) 1 28,821 17,011 46,921 22,319 83,104 102,219 111,357 102,219
P/E ratio 5.34 x -103 x 12.7 x 5.51 x 21 x 21 x 16 x 14.2 x
Yield - - - 4.39% 1.39% 1.15% 1.34% 1.54%
Capitalization / Revenue 0.07 x 0.34 x 0.37 x 0.27 x 0.91 x 1.15 x 0.99 x 0.91 x
EV / Revenue 0.07 x 0.34 x 0.37 x 0.27 x 0.91 x 1.15 x 0.99 x 0.91 x
EV / EBITDA 0.74 x 3.67 x 3.82 x 2.79 x 8.36 x 9.67 x 7.89 x 7.54 x
EV / FCF 1.15 x 2.58 x 7.36 x 4.83 x 15.9 x 11.3 x 20.4 x 16.2 x
FCF Yield 87.2% 38.8% 13.6% 20.7% 6.27% 8.82% 4.91% 6.17%
Price to Book 0.19 x 0.63 x 1.02 x 0.67 x 2 x 2.64 x 2.34 x 2.12 x
Nbr of stocks (in thousands) 258,767 258,924 260,586 261,497 261,630 261,630 - -
Reference price 2 19.75 65.70 115.5 85.35 270.2 390.7 390.7 390.7
Announcement Date 27/06/20 26/05/21 18/05/22 18/05/23 06/05/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 73,690 50,730 80,337 83,825 77,378 88,592 102,873 111,984
EBITDA 1 6,920 4,630 7,880 8,000 8,452 10,574 12,957 13,559
EBIT 1 - 1,780 5,160 5,470 5,794 7,889 9,848 10,307
Operating Margin - 3.51% 6.42% 6.53% 7.49% 8.9% 9.57% 9.2%
Earnings before Tax (EBT) 1 - -309.1 3,778 4,872 4,634 6,782 8,908 9,603
Net income 1 956.5 -165.2 2,382 4,046 3,366 4,867 6,389 7,202
Net margin 1.3% -0.33% 2.96% 4.83% 4.35% 5.49% 6.21% 6.43%
EPS 2 3.700 -0.6400 9.130 15.49 12.86 18.60 24.43 27.50
Free Cash Flow 1 4,458 6,604 4,088 4,617 4,434 9,021 5,023 6,304
FCF margin 6.05% 13.02% 5.09% 5.51% 5.73% 10.18% 4.88% 5.63%
FCF Conversion (EBITDA) 64.43% 142.64% 51.88% 57.72% 52.46% 85.31% 38.77% 46.49%
FCF Conversion (Net income) 466.13% - 171.65% 114.13% 131.71% 185.34% 78.62% 87.53%
Dividend per Share 2 - - - 3.750 3.750 4.500 5.250 6.000
Announcement Date 27/06/20 26/05/21 18/05/22 18/05/23 06/05/24 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 22,757 22,035 23,521 21,698 19,798 18,808 18,533 19,217 18,882 20,745 18,622 21,203 22,970 24,737
EBITDA 1 2,368 2,350 2,200 2,018 1,861 1,908 1,803 2,059 2,156 2,428 1,651 2,730 2,917 2,761
EBIT 1 - 1,628 - 1,397 1,233 - - - 1,492 1,755 1,189 2,012 2,199 2,043
Operating Margin - 7.39% - 6.44% 6.23% - - - 7.9% 8.46% 6.38% 9.49% 9.57% 8.26%
Earnings before Tax (EBT) 1 - 1,230 - 1,497 1,020 - 919.4 1,132 1,200 1,381 917 1,740 1,928 1,772
Net income 1 - 841.5 - 1,250 841.2 - 658.7 800.1 917 990.3 688 1,305 1,446 1,329
Net margin - 3.82% - 5.76% 4.25% - 3.55% 4.16% 4.86% 4.77% 3.69% 6.15% 6.3% 5.37%
EPS 2 - 3.210 - 4.790 3.220 - - - - 3.780 2.600 5.000 5.500 5.100
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 27/01/22 18/05/22 01/08/22 08/11/22 25/01/23 18/05/23 27/07/23 31/10/23 30/01/24 06/05/24 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 23,710 - 16,824 - 12,424 - 9,138 -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 3.426 x - 2.135 x - 1.47 x - 0.7053 x -
Free Cash Flow 1 4,459 6,604 4,088 4,617 4,434 9,021 5,023 6,304
ROE (net income / shareholders' equity) 5.4% -0.61% 8.4% 11.3% 9.77% 12.5% 14.6% 16.5%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 105.0 105.0 113.0 128.0 135.0 148.0 167.0 184.0
Cash Flow per Share - - - - - - - -
Capex 1 4,146 1,159 1,858 2,043 2,530 3,312 3,000 3,000
Capex / Sales 5.63% 2.28% 2.31% 2.44% 3.27% 3.74% 2.92% 2.68%
Announcement Date 27/06/20 26/05/21 18/05/22 18/05/23 06/05/24 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
390.7 INR
Average target price
456.2 INR
Spread / Average Target
+16.76%
Consensus