Arvind Fashions Ltd - Stock Valuation and Financial Performance

BSE: 542484 | NSE: ARVINDFASN | Retailing | Small Cap

Arvind Fashions Share Price

567.95 5.95 1.06%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Arvind Fashions

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Arvind Fashions stock performance -

mw4me loader
P/E Ratio (CD):
70.45
Market Cap:
7,489.9 Cr.
52-wk low:
377.1
52-wk high:
639.5

Is Arvind Fashions Ltd an attractive stock to invest in?

1. Is Arvind Fashions Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Arvind Fashions Ltd is a average quality company.

2. Is Arvind Fashions Ltd undervalued or overvalued?

The key valuation ratios of Arvind Fashions Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Arvind Fashions Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Arvind Fashions Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Arvind Fashions:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Arvind Fashions Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 0%0%2.6%8%8.5%-7.8%-10.3%1.8%20.6%21.5%-
Value Creation
Index
NANA-0.8-0.4-0.4-1.6-1.7-0.90.50.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 001,2924,2194,6443,6141,9123,0564,0694,2594,447
Sales YoY Gr.-NANA226.5%10.1%-22.2%-47.1%59.8%33.2%4.7%-
Adj EPS 001.12.62.2-55.9-39.1-10.44.64.28
YoY Gr.-NANA142.9%-14.9%-2677.9%NANANA-7.9%-
BVPS (₹) 0045135.8143.298.348.255.767.37476.7
Adj Net
Profit
0015.419.916.9-336-443-13860.956.1106
Cash Flow from Ops. 00-146-77.8175206-69.7300317434-
Debt/CF from Ops. 00-4.2-9.64.76.1-13.51.71.91.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA-1.7%30.6%4.7%
Adj EPS NA14.2%NA-7.9%
BVPSNA-12.4%15.4%10%
Share Price - 15.9% 22% 35.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
002.32.31.5-38.9-79.2-21.67.35.910.6
Op. Profit
Mgn %
0066.16.67.60.26.310.812.312.5
Net Profit
Mgn %
001.20.40.5-9.3-24-3.52.72.62.4
Debt to
Equity
000.90.70.72.11.90.70.70.50
Working Cap
Days
00015217533247625815715487
Cash Conv.
Cycle
000275215413074274017

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 10.60%

Sales growth is growing at healthy rate in last 3 years 30.60%

Debt to equity has declined versus last 3 years average to 0.47

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 6.80%

Latest Financials - Arvind Fashions Ltd.

Standalone Consolidated
TTM EPS (₹) 2.4 8
TTM Sales (₹ Cr.) 648 4,447
BVPS (₹.) 176.3 76.7
Reserves (₹ Cr.) 2,296 969
P/BV 3.19 7.33
PE 236.05 70.45
From the Market
52 Week Low / High (₹) 377.05 / 639.45
All Time Low / High (₹) 107.95 / 806.58
Market Cap (₹ Cr.) 7,490
Equity (₹ Cr.) 53.3
Face Value (₹) 4
Industry PE 94.9

Management X-Ray of Arvind Fashions:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *7.977.977.977.977.977.977.977.978.318.31
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Arvind Fashions

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales1,2924,2194,6443,6141,9123,0564,0694,259
Operating Expenses 1,2163,9704,3363,3411,9082,8653,6323,737
Manufacturing Costs120415477400260360449486
Material Costs6961,9792,2891,9921,1181,7102,0672,037
Employee Cost 112367408313205237244260
Other Costs 2881,2091,163636325559872954
Operating Profit 772493082734191437522
Operating Profit Margin (%) 5.9%5.9%6.6%7.6%0.2%6.2%10.7%12.3%
Other Income 212460109675034
Interest 34111146289185135135156
Depreciation 43139153421238233203230
Exceptional Items 000-61-4500-6
Profit Before Tax -11213-437-356-110149164
Tax -16-1-9-7742-64057
Profit After Tax 151321-360-398-104109107
PAT Margin (%) 1.2%0.3%0.5%-10.0%-20.8%-3.4%2.7%2.5%
Adjusted EPS (₹)1.01.92.1-66.7-54.7-20.22.86.1
Dividend Payout Ratio (%)0%0%0%0%0%0%36%21%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 6571,0581,117591511737894984
Share Capital 2223232342535353
Reserves 6361,0351,094567468684840931
Minority Interest087918869100183189
Debt5776717911,210903461557446
Long Term Debt1538186163157723111
Short Term Debt4245907051,048746390526436
Trade Payables7481,0681,2391,3259601,0481,020936
Others Liabilities 155617784866509608662
Total Liabilities 1,9972,9393,2553,9983,3092,8563,2603,218

Fixed Assets

Gross Block5048419751,7571,9231,0511,4651,659
Accumulated Depreciation163309437523869390600763
Net Fixed Assets3405325371,2341,054661865896
CWIP 011110024
Investments 820000000
Inventories9447271,1841,306880831982909
Trade Receivables250784879781655572560647
Cash Equivalents 2328121219105200168
Others Assets358867631664701687651594
Total Assets 1,9972,9393,2553,9983,3092,8563,2603,218

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -146-78175206-70300317434
PBT 21213-496-554-243127195
Adjustment 76242295692365311329305
Changes in Working Capital -219-306-9621108244-96-3
Tax Paid -4-25-37-1111-12-43-63
Cash Flow From Investing Activity -710-149-150-118-49-9-2832
Capex -55-170-153-120-4617-36-80
Net Investments -850000000
Others -5702142-2-258112
Cash Flow From Financing Activity 855226-46-85113-209-198-491
Net Proceeds from Shares 88030012149949552
Net Proceeds from Borrowing 13-26-35771-86-41-41
Interest Paid -19-88-120-266-249-88-86-78
Dividend Paid 0000000-13
Others -194097103-138-531-76-361
Net Cash Flow -1-1-213-68291-25
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)2.281.511.98-42.14-72.26-16.6813.411.36
ROCE (%)2.688.45-7.84-10.331.8120.6321.49
Asset Turnover Ratio0.651.921.710.830.520.991.621.59
PAT to CFO Conversion(x)-9.73-68.33N/AN/AN/A2.914.06
Working Capital Days
Receivable Days714057101137734243
Inventory Days26764661522091026767
Payable Days293127138181306179150132

Arvind Fashions Ltd Stock News

Arvind Fashions Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Arvind Fashions on 21-Nov-2024 16:59 is ₹568.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Arvind Fashions stood at ₹7,489.9.
The latest P/E ratio of Arvind Fashions as of 21-Nov-2024 16:59 is 236.1.
The latest P/B ratio of Arvind Fashions as of 21-Nov-2024 16:59 is 3.19.
The 52-week high of Arvind Fashions is ₹639.5 and the 52-week low is ₹377.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Arvind Fashions is ₹648.1 ( Cr.) .

About Arvind Fashions Ltd

Arvind Fashions is India's leading casual and denim player, a lifestyle powerhouse with a strong portfolio of fashion brands catering to consumers across sub-categories and price points.

Earlier in 2018 Arvind Ltd, the textile major, first announced a plan to demerge the engineering and branded apparel divisions on November 8, 2017. After SEBI's approval, the demerger finally took place on November 28, 2018. While Anup Engineering got listed on the exchanges on 1 March, 2019, Arvind Fashions got listed on March 8, 2019. The core objective behind the exercise was to unlock value in each of the three verticals.

Presently, Arvind Fashions Limited is proud to be the most valuable lifestyle powerhouse that has redefined the retail and fashion industry in India. With a dynamic portfolio of leading global brands in India, it has something for everyone. From CEOs to the fashion forward youth to value conscious family, and from the experimental to the conventional dressers, its brands are for the India of today and tomorrow. Fuelling India’s booming fashion aspiration, it got denim to India and Flying Machine to your wardrobe. With Arrow, India first international brand, it raised the bar of excellence.

Business area of the company

The company is India's no. 1 casual and denim player, a lifestyle powerhouse with a strong portfolio of fashion brands catering to consumers across the sub-categories and price points. With a host of renowned brands, both international and indigenous, like US Polo Association, ARROW, Tommy Hilfiger, Calvin Klein, Flying Machine, Unlimited and Sephora, it has presence across lifestyle brands, value fashion and prestige beauty.

Brands

  • Aeropostale
  • Arrow
  • Calvin Klein
  • Cole Haan
  • ED Hardy
  • Flying Machine
  • GAP
  • Hanes & U.S. Polo Association Innerwear
  • Sephora
  • Stride
  • The Children’s Place
  • Tommy Hilfiger
  • Unlimited
  • U.S. Polo Association

Awards and recognitions

2016

  • 2 Awards in the Make-Up category at Vogue Beauty Awards 2016
  • Most Admired Retailer of the year- Store Design & VM

2017

  • U.S. Polo Assotiation (USPA) won the Best Men’s Classic Brand Award in the Shoppers Stop Pinnacle Award
  • USPA was awarded the Best Men’s Casual Wear Brand Award at the Myntra Tech Threads Function on 2nd November 2017
  • Unlimited certified with IRF trusted mark
  • 6th edition of TRRAIN Retail Awards - Winner 2017
  • 7th instalment of TRRAIN Retail Awards - Winner 2017
  • Number of Awards at the IRF and from KamiKaze B2B Media
  • 3 Awards in the Make-Up category at Vogue Beauty Awards 2017
  • ‘Excellence in Quality Management’ Award at the 6th Manufacturing Supply Chain Summit 2017
  • Emerging Young Leader in HR Awards
  • Excellence in Cost Management
  • Pepe Jeans, Levi Strauss, Aditya Birla have given us a pat on the back!
  • 16th Asia Pacific HRM Congress Awads 2017

2018

  • Sephora Awarded Retailer of the year at the 2018 World Reatil Congress
  • Best Brand Men’s Innearwear Award
  • 1st in “Best Companies To Work For” in Retail (including QSR), by Business Today
  • Arrow ranked India’s most trusted apparel brand 2018
  • National Best Employer Award 2018

History and milestones

  • 1931: The birth of Arvind and the beginning of a legacy that would revolutionise Indian textile and denim industry.
  • 1980: India’s first ever home grown denim brand, Flying Machine is born.
  • 1993: With the arrival of Arrow and the opening of its exclusive flagship store, India was for the first time ever introduced to an international brand.
  • 1995: Ruf n Tuf, an iconic youth denim brand, was launched with a commercial featuring Akshay Kumar.
  • 1995: India was introduced to its first mass market brand with the launch of Megamart.
  • 1997: Arvind brought Excalibur to India and it is now a part of our UNLIMITED stores.
  • 1999: Arvind brought Wrangler to India
  • 2004: Tommy Hilfiger, India’s first designer premium brand, was brought to India by Arvind.
  • 2006: GANT, an internationally recognised brand for effortlessly blending American sportswear with European sophistication, arrived in India.
  • 2007: Cherokee was launched in India.
  • 2009: The iconic U.S. Polo Assn. brand was brought to India by Arvind. It has gone to become one of the fastest growing brands in our portfolio.
  • 2012: Inspired by the sea and all its surrounding, the nautical theme brand, Nautica, arrived in India.
  • 2012: Elle was launched in India.
  • 2013: Ed Hardy, the namesake brand of the iconic tattoo artist, was launched in India.
  • 2013: Hanes, the Innerwear brand was acquired by Arvind.
  • 2014: Calvin Klein was added to the Brand portfolio in joint venture with PVH
  • 2014: Arvind launched Creyate, its very own bespoke menswear brand that offers state-of-the-art custom clothing.
  • 2015: The go-to destination for children’s clothing and accessories, The Children’s Place, was launched in India.
  • 2015: International clothing giant GAP was launched in India.
  • 2015: Arrow, U.S. Polo Assn. and Flying Machine launched their footwear range in India.
  • 2015: Aeropostale launched its shoe range in India.
  • 2016: Arvind launched Nnnow.com, a one-stop shopping destination for fashion lovers and style seekers across the country.
  • 2016: Sephora was added to the Brand portfolio.
  • 2017: Arvind Ltd, the textile major, first announced a plan to demerge the engineering and branded apparel divisions on November 8, 2017.
  • 2018: Arvind Fashion finally demerged from Arvind Limited on November 28, 2018.
  • 2019: Arvind Fashions got listed on March 8, 2019.
  • 2019: U.S. Polo Assn. launched a range of responsible jeans
  • 2019: Flying Machine launched a range of shirts made from 100% recycled fabric, blend of recycled cotton and polyester.
  • 2019: Flying Machine and U.S. Polo Assn. launched certain products that were manufactured using non-hazardous chemicals in the washing process.
  • 2020: ‘Eco Warrior’ label under Flying Machine continued to experiment with the shirts range made from 100% recycled fabric, blend of recycled cotton and polyester.
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