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Arvind Ltd

(ARVIND)

₹394.151.52%

as on 04:01PM, 06 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 5 analysts

BUY

83.33%

Buy

0.00%

Hold

16.67%

Sell

Based on 5 analysts offering long term price targets for Arvind Ltd. An average target of ₹462.8

Source: S&P Global Market Intelligence

Arvind Ltd Share analysis

Arvind Ltd price forecast by 5 analysts

Upside of17.42%

High

₹485

Target

₹462.80

Low

₹431

Arvind Ltd target price ₹462.8, a slight upside of 17.42% compared to current price of ₹394.15. According to 5 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹391.45
    ₹406.5
  • 52 Week's Low

    52 Week's High

    ₹155.5
    ₹421.3
1 Month Return+ 0.77 %
3 Month Return+ 6.56 %
1 Year Return+ 133.43 %
Previous Close₹400.25
Open₹400.00
Volume6.06L
Upper Circuit-
Lower Circuit-
Market Cap₹10,475.76Cr

Key Statistics

P/E Ratio33.26
PEG Ratio-13.86
Market Cap₹10,475.76 Cr
P/B Ratio2.03
EPS13.48
Dividend Yield1.76
SectorTextiles
ROE9

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹10,475.76 Cr135.18%0.65₹352 Cr₹7,737 Cr
NA₹125.33 Cr28.93%0.50NANA
NA₹31.13 Cr38.62%3.72NANA
NA₹13.85 Cr159.6%1.81NANA
NA₹415.18 Cr13.65%0.79-₹15 Cr₹924 Cr

Company Information

Arvind Ltd is an Indian textile manufacturer and the flagship company of the Lalbhai Group. Established in 1931, it is one of the oldest textile manufacturers in India.

Arvind Ltd is involved in the production of a wide range of products including apparel, home furnishing, advanced textiles, denim, shirting and knits. The company is also involved in the production of ready-to-wear garments and accessories for both men and women. Arvind Ltd is well known for its popular brands such as Flying Machine, US Polo, Arrow, and Excalibur.

The company also produces a variety of products for the home furnishing industry such as bed linen, cushions, curtains, and carpets. Arvind Ltd also produces a range of advanced textiles such as protective fabrics, performance apparel and technical fabrics. The company also produces a range of denim fabrics and shirting fabrics.

Share Price: ₹394.15 per share as on 06 Sep, 2024 04:01 PM
Market Capitalisation: ₹10,475.76Cr as of today
Revenue: ₹1,830.60Cr as on June 2024 (Q2 24)
Net Profit: ₹43.73Cr as on June 2024 (Q2 24)
Listing date: 03 Nov, 1994
Chairperson Name: Sanjay S Lalbhai
OrganisationArvind Ltd
Headquarters
IndustryTextiles
E-voting on sharesClick here to vote

Key events for Arvind Ltd

  • Arvind Fashions Target Price Set at Rs 689 - 30 Aug, 2024

    Anand Rathi recommends buying Arvind Fashions with a target price of Rs 689. The company reported a consolidated total income of Rs 962.29 crore, down 13.06% from the previous quarter, and a net profit of Rs 13.92 crore.

  • Anand Rathi Upgrades Arvind Fashions Target Price - 29 Aug, 2024

    Anand Rathi maintains a 'Buy' rating on Arvind Fashions, raising the target price to Rs 689. The company focuses on premiumisation, expanding retail presence, and improving operational efficiency, expecting strong sales and EBITDA growth through FY26.

  • Mutual Funds Increase Stake in Arvind Limited - 14 Aug, 2024

    In Q1 FY 2024, mutual funds raised their stake in Arvind Limited from 13.92% to 15.88%, indicating positive growth outlook. However, the company reported a 1% decline in revenue and a 37% drop in net profits for the quarter.

  • Arvind Ltd Faces Financial Turmoil Amid Market Changes - 10 Aug, 2024

    Arvind Ltd struggles with outdated mills, rising competition, and global oversupply, leading to unsustainable debt and a downgrade to default status by Crisil. Share prices have fallen below ₹10.

  • Arvind Ltd. Stock Surges on Market Share Hopes - 06 Aug, 2024

    On August 6, 2024, Arvind Ltd. saw its stock price jump over 10% amid expectations that buyers may shift from Bangladesh to Indian manufacturers, boosting market share.

  • Arvind Fashions Reports Quarterly Profit - 01 Aug, 2024

    Indian retailer Arvind Fashions reported a consolidated net profit of Rs 13.92 crore in Q1 2024, compared to a loss of Rs 4.53 crore in the same quarter last year, due to strong demand for its premium products.

Insights on Arvind Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 year, ARVIND stock has moved up by 133.4%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 13.92% to 15.88% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 15.15% to 17.53% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, ARVIND has outperformed top 5 stocks with highest market-cap in Textiles & Leather Goods

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Swan Energy Ltd has given 372.3% return, outperforming this stock by 49.4%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 2.08K Cr → 1.84K Cr (in ₹), with an average decrease of 11.5% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 99.03 Cr → 39.31 Cr (in ₹), with an average decrease of 60.3% per quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 41.13% to 39.61% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 28.91% to 26.54% in Jun 2024 quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹1,853.27Cr (-)₹1,921.73Cr (↑3.69%)₹1,888.24Cr (↓1.74%)₹2,074.51Cr (↑9.86%)₹1,830.60Cr (↓11.76%)
Net Income₹69.70Cr (-)₹84.19Cr (↑20.79%)₹94.32Cr (↑12.03%)₹104.42Cr (↑10.71%)₹43.73Cr (↓58.12%)
Net Profit Margin3.76% (-)4.38% (↑16.49%)5.00% (↑14.16%)5.03% (↑0.60%)2.39% (↓52.49%)
Value in ₹ crore
Details2021202220232024
Total Assets₹6,608.73Cr (-)₹7,623.67Cr (↑15.36%)₹6,570.29Cr (↓13.82%)₹6,905.34Cr (↑5.10%)
Total Liabilities₹3,667.73Cr (-)₹4,612.32Cr (↑25.75%)₹3,273.93Cr (↓29.02%)₹3,428.97Cr (↑4.74%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹982.91Cr (-)₹768.23Cr (↓21.84%)₹520.41Cr (↓32.26%)₹563.11Cr (↑8.21%)₹631.28Cr (↑12.11%)

Index Inclusions

S&P BSE AllCap

₹10,846.85

-1.18 (-129.55%)

BSE Small-Cap

₹55,977.86

-0.96 (-543.75%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
39.61%
-3.72
Foreign Institutions
17.53%
15.73
Mutual Funds
15.88%
14.08
Retail Investors
26.54%
-8.19
Others
0.44%
-50.13

Key Indicators

Details20202021202220232024
Return On Assets %1.34-0.253.126.164.87
Details20202021202220232024
Book Value Per Share (₹)104.67105.02113.22127.94135.41
Details20202021202220232024
Earning Per Share (₹)3.56-1.069.2715.813.48
Details20202021202220232024
Return On Equity %7.623.764.8110.979

Arvind Ltd Valuation

Arvind Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-136.64x)

June 10, 2021

Today (33.26x)

September 6, 2024

Industry (95.24x)

September 6, 2024

Highest (42.16x)

January 23, 2018

LowHigh

Earnings and Dividends

  • Arvind Ltd Earnings Results

    Arvind Ltd’s net profit fell -40.32% since last year same period to ₹39.31Cr in the Q1 2024-2025. On a quarterly growth basis, Arvind Ltd has generated -60.3% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Arvind Ltd Dividends May,2024

    In the quarter ending March 2024, Arvind Ltd has declared dividend of ₹3.75 - translating a dividend yield of 2.66%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Arvind Ltd is currently in a Bearish trading position according to technical analysis indicators.

Frequently Asked Questions

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Arvind Ltd (ARVIND) share price today is ₹394.15

Arvind Ltd is listed on NSE

Arvind Ltd is listed on BSE

  • Today’s highest price of Arvind Ltd is ₹406.5.
  • Today’s lowest price of Arvind Ltd is ₹391.45.

PE Ratio of Arvind Ltd is 33.26

PE ratio = Arvind Ltd Market price per share / Arvind Ltd Earnings per share

Today’s traded volume of Arvind Ltd(ARVIND) is 6.06L.

Today’s market capitalisation of Arvind Ltd(ARVIND) is ₹10475.76Cr.

Arvind Ltd(ARVINDPrice
52 Week High
₹421.3
52 Week Low
₹155.5

Arvind Ltd(ARVIND) share price is ₹394.15. It is down -6.44% from its 52 Week High price of ₹421.3

Arvind Ltd(ARVIND) share price is ₹394.15. It is up 153.47% from its 52 Week Low price of ₹155.5

Arvind Ltd(ARVINDReturns
1 Day Returns
-6.1%
1 Month Returns
0.77%
3 Month Returns
6.56%
1 Year Returns
133.43%