Arvind Fashions Ltd
Arvind Fashions Ltd operates in the branded apparels, beauty and footwear space. It has a portfolio of several owned and licensed global brands across different segments. [1]
- Market Cap ₹ 7,565 Cr.
- Current Price ₹ 568
- High / Low ₹ 640 / 377
- Stock P/E 163
- Book Value ₹ 176
- Dividend Yield 0.22 %
- ROCE 2.52 %
- ROE 1.83 %
- Face Value ₹ 4.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 3.22 times its book value
- Promoter holding has decreased over last quarter: -1.56%
- Tax rate seems low
- Company has a low return on equity of 0.88% over last 3 years.
- Earnings include an other income of Rs.47.8 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Trading Industry: Trading
Part of Nifty Microcap 250 BSE Allcap BSE Consumer Discretionary BSE SmallCap Nifty Total Market
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 3m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
0 | 292 | 1,001 | 1,010 | 854 | 298 | 514 | 741 | 609 | 648 | |
0 | 290 | 906 | 916 | 804 | 278 | 484 | 718 | 596 | 610 | |
Operating Profit | 0 | 3 | 95 | 94 | 50 | 21 | 30 | 22 | 13 | 38 |
OPM % | 1% | 9% | 9% | 6% | 7% | 6% | 3% | 2% | 6% | |
0 | 1 | 1 | 2 | -7 | -31 | 9 | 18 | 11 | 48 | |
Interest | 0 | 5 | 10 | 18 | 38 | 32 | 13 | 16 | 20 | 20 |
Depreciation | 0 | 4 | 11 | 15 | 13 | 18 | 18 | 15 | 13 | 27 |
Profit before tax | 0 | -6 | 74 | 62 | -7 | -60 | 9 | 10 | -9 | 39 |
Tax % | -37% | 28% | 1% | -33% | -0% | 16% | 2% | 28% | ||
0 | -4 | 53 | 62 | -5 | -59 | 7 | 10 | -11 | 32 | |
EPS in Rs | 5.49 | -0.43 | -5.23 | 0.56 | 0.74 | -0.85 | 2.38 | |||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 135% | -147% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -10% |
3 Years: | 27% |
TTM: | -16% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -7% |
3 Years: | 72% |
TTM: | -3% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 22% |
1 Year: | 33% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | 1% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 22 | 23 | 23 | 23 | 42 | 53 | 53 | 53 | 53 |
Reserves | 0 | 855 | 1,208 | 1,327 | 1,326 | 1,753 | 2,249 | 2,269 | 2,251 | 2,296 |
0 | 23 | 46 | 73 | 258 | 123 | 92 | 152 | 127 | 138 | |
0 | 274 | 240 | 415 | 425 | 238 | 211 | 227 | 222 | 301 | |
Total Liabilities | 0 | 1,173 | 1,517 | 1,837 | 2,033 | 2,156 | 2,605 | 2,700 | 2,653 | 2,788 |
0 | 22 | 19 | 39 | 58 | 42 | 28 | 41 | 92 | 97 | |
CWIP | 0 | 0 | 0 | 7 | 0 | 0 | 0 | 0 | 2 | 0 |
Investments | 0 | 848 | 1,141 | 1,244 | 1,301 | 1,754 | 2,108 | 2,129 | 1,985 | 1,987 |
0 | 303 | 357 | 547 | 674 | 360 | 469 | 530 | 574 | 704 | |
Total Assets | 0 | 1,173 | 1,517 | 1,837 | 2,033 | 2,156 | 2,605 | 2,700 | 2,653 | 2,788 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
0 | 243 | -4 | 124 | -0 | -15 | -87 | 38 | -28 | |
-0 | -1,103 | -303 | -136 | -145 | -321 | -366 | -65 | 94 | |
0 | 860 | 315 | 5 | 152 | 329 | 454 | 27 | -63 | |
Net Cash Flow | 0 | 0 | 8 | -7 | 7 | -7 | 0 | -1 | 3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 43 | 14 | 53 | 79 | 146 | 193 | 120 | 136 | |
Inventory Days | 483 | 73 | 141 | 154 | 236 | 47 | 19 | 54 | |
Days Payable | 359 | 146 | 212 | 247 | 470 | 194 | 137 | 152 | |
Cash Conversion Cycle | 167 | -60 | -18 | -13 | -88 | 45 | 2 | 37 | |
Working Capital Days | 33 | 35 | 37 | 89 | 107 | 148 | 136 | 190 | |
ROCE % | -0% | 8% | 6% | 3% | 1% | 1% | 1% | 3% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
14h - Allotment of Equity Shares pursuant to exercise of ESOPs
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 13 Nov
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Announcement under Regulation 30 (LODR)-Change in Management
12 Nov - Resignation of CEO Nidhi Raj to pursue other opportunities.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
5 Nov - Earnings call transcript for Q2 FY25 results.
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Announcement under Regulation 30 (LODR)-Change in Management
5 Nov - Resignation of Chief Human Resource Officer Asim Jagdale.
Annual reports
Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Jun 2023TranscriptPPTREC
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May 2023TranscriptNotesPPT REC
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Feb 2023Transcript PPT REC
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
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Jun 2021Transcript PPT
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Feb 2021Transcript PPT
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Nov 2020Transcript PPT
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Aug 2020TranscriptPPT
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Jul 2020TranscriptPPT
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Feb 2020Transcript PPT
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Oct 2019Transcript PPT
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Aug 2019Transcript PPT
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May 2019Transcript PPT
Power Brands[1]
AFL has 5 brands which are profitable. They are :
1) U.S. Polo Assn. - Leader in casual lifestyle category. Thrust on opening larger sq ft. iconic stores (e.g. Jayanagar, Bangalore & Goa)
2) Arrow - Premiumization through ‘1851’ line continue to have robust sell-thru’s. Brand Ambassador - Hrithik Roshan
3) Tommy Hilfiger - Premium products category. Brand Ambassador - Neeraj Chopra.
4) Flying Machine - Company is transforming it with fresh brand identity including new logo, design and brand positioning. Brand Ambassador - Muhammad Ali[2]
5) Calvin Klein - Market leadership in bridge to luxury segment in Jeans, Tees and
Innerwear categories.[3]