Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Oct
Source: Bse
Arvind Limited (ARVIND)
Micro CapTextiles stocks · Micro cap · NSE
Arvind Limited is an Indian textile and advanced materials manufacturer. It operates in segments like Denim, Wovens, Garments, and Advanced Materials, including Human Protection, Industrials, and Composites. The company recently entered the U.S. market through the acquisition of Dalco-GFT.
Data qualityFresh enough for analysisQuote updated 21 Oct, 09:15 am ISTDetails
Quote21 Oct, 09:15 am IST
Base fundamentals17 Oct 2026 · screener
Latest result16 Aug, 12:30 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags15 Aug 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Textiles P/E 42.1 (n=11)
Technical timing lens
Trend score and candlestick chart
46NeutralSMA20 -4.3% / mo · MACD −
Stock trend: 46
Sector RS: —
Textiles FPI tailwindFlow only
FPI equity flow was positive in both fortnights, but exact sector-index confirmation is unavailable. View sector evidence
Technical chart
ARVINDD candles · FIT view+29.9%TODAY · PROVISIONALLatest price ₹510.70 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-0.3%
RSI
41
MACD hist
-1.34
52W pos
70%
2026-10-21O ₹512.00H ₹512.90L ₹508.95C ₹510.70Vol 2,486 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
ARVINDNifty 500
- ARVIND
- -4.1%
- Nifty 500
- -5.6%
- Vs Nifty 500
- +1.5 pp
Chart stats
19 Oct 2026- From 52W high
- -16.1%
- 52W range position
- 70%
- ATR (14)
- 3.6%
- Volume vs 20D
- 1.01x
- Avg traded value
- ₹26.7 Cr
- 20D price channel
- ₹498.2 - ₹571.9
₹607.2
₹277.9 - ₹607.2
₹18.5
Latest completed session
20-session average
32.2% annualized volatility
No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE47
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good55
Revenue +24.7% · PAT +5.5% YoY
Technical
Neutral46
Price trend and sector-relative-strength timing.
Valuation
Legacy model+28.1%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence76
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Good · 55/100Rev +25% YoY · PAT +5% YoY · margin expansion
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹2,501 Cr | +24.7% | -2.0% |
| EBITDA | ₹240 Cr | +35.6% | -21.6% |
| Operating margin | 10.0% | +100 bps | -200 bps |
| PAT | ₹58 Cr | +5.5% | -64.8% |
| PAT margin | 2.3% | -42 bps | -414 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 32.60
- P/B
- 3.42
- EV/EBITDA
- 11.56
- Market Cap
- 14290.00Cr
Profitability
- ROE
- 10.80%
- ROCE
- 14.70%
- ROA
- 4.88%
- Dividend Y
- 0.86%
Growth (CAGR)
- Revenue 5Y
- 13.00%
- EPS 5Y
- 134.00%
- Revenue 3Y
- 4.00%
- EPS 3Y
- 6.00%
Balance Sheet
- Debt/Equity
- 0.41
- Interest Coverage
- 5.99×
- Altman Z
- 4.08
- Book Value
- 154.00
Cash Flow
- FCF Yield
- 1.82%
- FCF Positive Y
- 11/5
- OCF
- 867.00 Cr
- EPS TTM
- 15.79
Shareholding
- Promoter Hold
- 38.09%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 75%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 7,143+14.5% vs prev
Net Profit
₹ CrLatest: 298+24.2% vs prev
Return on Equity
%Latest: 9.7+45.0% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 41. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 falling (~4.8% over last month) — short-term momentum negative.
- RSI(14) at 41 — rising, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 16% off 52W high · 79% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
87
RS percentile
Stage 2 UptrendEstablished S2
1M return
-7.9%
3M return
-4.1%
6M return
+29.9%
1Y return
+58.0%
RS 1D
0
RS 20D
-3
Sector rank
#7
Industry rank
#37
Stage evidence
- Price is 3.7% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +5.2%.
50-DMA
price below
200-DMA
price above
S2 entered
24 Feb 2026
S2 age
168 trading sessions
Sector
weakening
Industry
weakening
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 171.36-2.15%
RS vs Nifty 500171
Valuation & peers
U-Score 47 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 47 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Financial Turnaround
Fundamental score breakdown
U band · FAIR VALUEValuation9/30
Growth17/25
Quality5/20
Balance Sheet6/15
Cash Flow5/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
47
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
47/100 · legacy band FAIR VALUE
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 28.1%.
- Growth contributes 17/25 to the score.
Main drags
- Quality is weaker at 5/20; verify the latest quarterly trend.
- Valuation is weaker at 9/30; verify the latest quarterly trend.
- Balance sheet is weaker at 6/15; verify the latest quarterly trend.
Sector valuation model
Cyclical valuation: normalized earnings, not just trailing PE
Cyclical companies can look cheapest near peak profits, so IndiaPulse flags value-trap risk separately.
Primary lens
Mid-cycle PE/EV/EBITDA using multi-year average margins or earnings.
Secondary checks
Current margin versus 5-year average, balance sheet strength, commodity cycle.
Main risk check
A low trailing PE may mean peak-cycle earnings, not true cheapness.
PE
32.6
PB
3.4
EV/EBITDA
11.6
ROE
10.8%
ROCE
14.7%
FCF Yield
1.8%
Debt/Equity
0.4
MoS
+28.1%
Cyclical/value-trap warning
This sector can look cheap when profits are temporarily high. Check mid-cycle margins/earnings before relying on trailing PE.
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
47
Previous: 47
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+28.1%
Previous: +28.4%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
47
47
47
47
47
47
47
47
47
47
47
47
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹233.91
-118.3% MoS
Growth-justified P/E
45.0
Growth-justified Value
₹710.55
+28.1% MoS
PEG
0.39
Comparable companies
Peers
Business-comparable peers in Textiles — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
ALOKINDS
Micro
Alok Industries Limited
Textiles
match 85
25
—
—
—
OVERVALUED
TRIDENT
Large
Trident Limited
Textiles
match 85
35
28.3
7.9%
-187%
WATCHLIST
KPRMILL
Large
K.P.R. Mill Limited
Textiles
match 71
44
42.1
15.7%
-28%
WATCHLIST
SANGAMIND
Small
Sangam (India) Limited
Textiles
match 66
45
25.1
8.4%
+33%
WATCHLIST
JINDWORLD
Small
Jindal Worldwide Limited
Textiles
match 66
31
53.7
7.8%
-43%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-06-08T07:10:43.815Z
Management commentary snapshot
Arvind Limited reports record FY26 consolidated revenue of 9303 Cr, up 12% YoY, with EBITDA up 15% YoY to 1061 Cr. Q4FY26 saw 15% revenue growth and 19% EBITDA growth, driven by strong volume in Textiles and Advanced Materials.
Arvind delivered strong FY26 results, meeting guidance with double-digit revenue and EBITDA growth, driven by robust textile volumes and a rebound in Advanced Materials. Margin expansion and improved free cash generation are positive, though Q4 PAT growth was modest. The Dalco-GFT acquisition signals strategic expansion.
Current business mix
Revenue by Segment (FY26)
Latest issuer-disclosed distribution across 3 reported categories.
Textiles74.1%
Advanced Material19.8%
Others8.1%
Growth engines
Advanced Materials Performance
Advanced materials achieved guided growth trajectory of 18-20% for FY26 on account of better performance in H2.
Textile Volume Growth
Textile business reports robust volume growth in Denim & Garmenting, with Denim up 19% and Garments up 21% in Q4 YoY.
Garmenting Division Scale
Garmenting division records 3rd consecutive quarter of 10 Mn+ Pcs. (~42 Mn p.a) & crosses 2000 of topline.
U.S. Market Entry via Acquisition
In May 2026, Arvind entered the U.S. market through the acquisition of Dalco-GFT via its WOS AAML, at an enterprise value of ~ USD 136 million.
Capacity and execution
Growth-Oriented Capex
The company will continue to invest in growth-oriented capex across Garmenting and Advanced Materials, with planned capital allocation of 450–500 crore.
Tailwinds
FTA Opportunities
New opportunity beacons on account of multiple FTA’s signed by India (EU, UK, New Zealand, Australia).
Resilient Demand
Demand for Textiles and Advanced Materials continues to remain resilient, with major sourcing destinations largely stable for now.
Healthy Order Book
The current order book is at healthy levels, supported by a robust inquiry pipeline for the upcoming season.
Headwinds
Sustained Disruption
Despite robust demand situation, growth was limited on account of sustained disruption.
Margin Impact by Tariff
Margin expansion was partly impacted by tariff.
New Labour Code Provision
One time provision of 23.5 Cr (net of tax) due to implementation of new Labour Code.
Global Uncertainties & Inflation
There may be disruption in demand especially in second half due to increase in inflation and other global uncertainties impacting discretionary consumption.
Risk radar
Global Trade Environment Uncertainty
The global trade environment remains uncertain amid multiple disruptions.
Input Cost Inflation
Input costs across product lines have risen sharply, which may exert margin pressure in H1 FY27.
Impact on Discretionary Consumption
Increase in inflation and other global uncertainties impacting discretionary consumption could disrupt demand in H2 FY27.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare BOTH
The document provides both Q4 YoY and FY26 YoY comparisons for financial results, indicating the importance of both short-term momentum and annual performance. Sequential performance is also highlighted for Garmenting volumes.
Sector KPIs management disclosed
Consolidated Revenue Growth
Consolidated revenue for FY26 grew double digit & crossed a record 9300 Cr, up 12% YoY. Q4FY26 revenue grew 15% YoY to 2553 Cr.
EBITDA Margin
Overall margins improved to 11.4% (up 37 bps) for FY26. Q4FY26 reported highest ever EBITDA margin of ~12.8%.
Textile Volume Growth (Denim)
Denim volumes registered a growth of 19% backed by higher verticalization in Q4 FY26 YoY.
Textile Volume Growth (Garments)
Garmenting division records 3rd consecutive quarter of 10 Mn+ Pcs. (~42 Mn p.a) & crosses 2000 of topline.
Management forward view
FY27 Growth Outlook
Company expects to grow at double digits backed by a high double digit growth in Advanced Materials and mid teen growth in Garments.
Margin Recovery Expectation
Margin recovery is expected in H2 FY27, subject to easing of geopolitical tensions, after potential H1 pressure from input costs.
Capex Funding Strategy
Planned capital allocation of 450–500 crore for growth-oriented capex will be funded within the free cash flow envelope.
Dalco-GFT Financial Impact
The stated FY27 outlook does not include the financial impact of the consolidation of the newly acquired Dalco-GFT.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Consolidated Revenue Growth | FY26: 12% YoY; Q4FY26: 15% YoY | Double-digit growth, specifically high double-digit in Advanced Materials and mid-teen in Garments for FY27. |
| EBITDA Margin | FY26: 11.4%; Q4FY26: 12.8% | Margin pressure in H1 FY27 due to input costs, followed by recovery in H2 FY27 as geopolitical tensions ease. |
| Net Debt Reduction & Free Cash Flow | Net debt reduced by 112 Cr in FY26. | Continued free cash generation to fund planned capex of 450-500 Cr and further reduce debt. |
| Dalco-GFT Integration & Contribution | Acquired for ~USD 136 million in May 2026. | Financial impact and contribution to overall performance in future periods, as it's not included in current FY27 outlook. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
76Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 81st percentile of the scored universe and 75th percentile within Textiles. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
75 docs text-extracted · 4 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
81st percentile
overall median 67 · Textiles: 75th pctile, median 70 · Micro: 66th pctile, median 73
Evidence depth
Financial-only
75 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
70
acceptable · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 1.7%.
- ▸11 years of positive FCF.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Promoter holding fell 1.4%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Arvind Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 12 Oct - CARE upgraded Arvind Envisol’s bank facilities to CARE A-/A2+ for ₹143.5 crore.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 14 Sep - Senior management to meet LIC Mutual Fund in Ahmedabad on 17 September 2026.
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Updates on Acquisition 17 Sep - Completed acquisition of 26.60% equity in Torrent Urja 21 Private Limited on September 17, 2026.
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 14 Aug - Senior management will attend Motilal Oswal Investor Conference on 19 August 2026 in Mumbai.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 27 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 14 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Acquisition 7 Jul - Arvind Atelier FZC acquired 100% of UK subsidiary Arvind Atelier UK Limited for £1,000.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Jul - Newspaper publication of Postal Ballot Notice and e-voting schedule
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 17 Jun
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Jun - Enclosing copy of Newspaper Advertisement Published on today
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.