Financials Arvind Limited NSE India S.E.

Equities

ARVIND

INE034A01011

Textiles & Leather Goods

Market Closed - NSE India S.E. 05:13:51 17/05/2024 pm IST 5-day change 1st Jan Change
379.7 INR +3.28% Intraday chart for Arvind Limited +8.47% +45.23%

Valuation

Fiscal Period: Marzo 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 23,482 5,111 17,011 30,098 22,319 99,250 - -
Enterprise Value (EV) 1 46,737 28,821 17,011 46,921 22,319 70,679 1,06,905 1,06,475
P/E ratio 10.4 x 5.34 x -103 x 12.7 x 5.51 x 21 x 19.6 x 14.7 x
Yield 2.2% - - - 4.39% 0.79% 1.19% 1.38%
Capitalization / Revenue 0.33 x 0.07 x 0.34 x 0.37 x 0.27 x 0.91 x 1.1 x 0.95 x
EV / Revenue 0.65 x 0.39 x 0.34 x 0.58 x 0.27 x 0.91 x 1.19 x 1.02 x
EV / EBITDA 6.52 x 4.16 x 3.67 x 5.95 x 2.79 x 8.36 x 9.98 x 8.16 x
EV / FCF 2.73 x 6.46 x 2.58 x 11.5 x 4.83 x 14.3 x 11.9 x 21.2 x
FCF Yield 36.6% 15.5% 38.8% 8.71% 20.7% 6.97% 8.44% 4.72%
Price to Book 0.85 x 0.19 x 0.63 x 1.02 x 0.67 x 2.73 x 2.5 x 2.17 x
Nbr of stocks (in thousands) 2,58,617 2,58,767 2,58,924 2,60,586 2,61,497 2,61,630 - -
Reference price 2 90.80 19.75 65.70 115.5 85.35 379.4 379.4 379.4
Announcement Date 17/05/19 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: Marzo 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 71,422 73,690 50,730 80,337 83,825 77,378 89,979 1,04,549
EBITDA 1 7,167 6,920 4,630 7,880 8,000 8,452 10,707 13,055
EBIT 1 4,816 - 1,780 5,160 5,470 5,794 7,855 9,919
Operating Margin 6.74% - 3.51% 6.42% 6.53% 7.49% 8.73% 9.49%
Earnings before Tax (EBT) 1 3,003 - -309.1 3,778 4,872 4,634 6,972 9,273
Net income 1 2,262 956.5 -165.2 2,382 4,046 3,366 5,064 6,744
Net margin 3.17% 1.3% -0.33% 2.96% 4.83% 4.35% 5.63% 6.45%
EPS 2 8.740 3.700 -0.6400 9.130 15.49 12.86 19.36 25.78
Free Cash Flow 1 17,090 4,458 6,604 4,088 4,617 7,508 9,021 5,023
FCF margin 23.93% 6.05% 13.02% 5.09% 5.51% 9.65% 10.03% 4.8%
FCF Conversion (EBITDA) 238.46% 64.43% 142.64% 51.88% 57.72% 88.45% 84.25% 38.48%
FCF Conversion (Net income) 755.42% 466.13% - 171.65% 114.13% 213.31% 178.13% 74.48%
Dividend per Share 2 2.000 - - - 3.750 3.000 4.500 5.250
Announcement Date 17/05/19 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: Marzo 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 15,137 16,549 14,394 21,151 22,757 22,035 23,521 21,698 19,798 18,808 18,533 21,481 19,874 19,700 19,436
EBITDA 1 1,621 2,080 1,040 2,125 2,368 2,350 2,200 2,018 1,861 1,908 1,803 2,061 2,217 2,283 1,907
EBIT - - - - - 1,628 - 1,397 1,233 - - - 1,440 1,621 1,189
Operating Margin - - - - - 7.39% - 6.44% 6.23% - - - 7.25% 8.23% 6.12%
Earnings before Tax (EBT) 1 - - - - - 1,230 - 1,497 1,020 - 919.4 1,050 1,200 1,322 917
Net income 1 - - - - - 841.5 - 1,250 841.2 - 658.7 840 779.5 941 688
Net margin - - - - - 3.82% - 5.76% 4.25% - 3.55% 3.91% 3.92% 4.78% 3.54%
EPS - - - - - 3.210 - 4.790 3.220 - - - - 3.600 2.600
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 04/02/21 26/05/21 05/08/21 27/10/21 27/01/22 18/05/22 01/08/22 08/11/22 25/01/23 18/05/23 27/07/23 - - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: Marzo 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 23,255 23,710 - 16,824 - 8,408 7,655 7,226
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.245 x 3.426 x - 2.135 x - 0.9905 x 0.715 x 0.5535 x
Free Cash Flow 1 17,090 4,459 6,604 4,088 4,617 7,508 9,021 5,023
ROE (net income / shareholders' equity) 6.93% 5.4% -0.61% 8.4% 11.3% 9.94% 12.8% 14.7%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 106.0 105.0 105.0 113.0 128.0 139.0 152.0 175.0
Cash Flow per Share - - - - - - - -
Capex 1 6,492 4,146 1,159 1,858 2,043 3,237 3,312 3,000
Capex / Sales 9.09% 5.63% 2.28% 2.31% 2.44% 4.16% 3.68% 2.87%
Announcement Date 17/05/19 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
379.4 INR
Average target price
449 INR
Spread / Average Target
+18.36%
Consensus
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