Arvind Limited, together with its subsidiaries, manufactures, supplies, and exports textiles worldwide.
Very undervalued average dividend payer.
Share Price & News
How has Arvind's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500101's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 500101 underperformed the Indian Luxury industry which returned -28.7% over the past year.
Return vs Market: 500101 underperformed the Indian Market which returned -23.2% over the past year.
Price Volatility Vs. Market
How volatile is Arvind's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Arvind undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 500101 (₹23) is trading below our estimate of fair value (₹63.62)
Significantly Below Fair Value: 500101 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 500101 is good value based on its PE Ratio (3.5x) compared to the Luxury industry average (8.1x).
PE vs Market: 500101 is good value based on its PE Ratio (3.5x) compared to the Indian market (9.9x).
Price to Earnings Growth Ratio
PEG Ratio: 500101 is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: 500101 is good value based on its PB Ratio (0.2x) compared to the IN Luxury industry average (0.4x).
How is Arvind forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500101's forecast earnings growth (19.1% per year) is above the savings rate (7.2%).
Earnings vs Market: 500101's earnings (19.1% per year) are forecast to grow faster than the Indian market (16.8% per year).
High Growth Earnings: 500101's earnings are forecast to grow, but not significantly.
Revenue vs Market: 500101's revenue is expected to decline over the next 3 years (-1.3% per year).
High Growth Revenue: 500101's revenue is forecast to decline over the next 3 years (-1.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500101's Return on Equity is forecast to be low in 3 years time (3%).
How has Arvind performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500101 has high quality earnings.
Growing Profit Margin: 500101's current net profit margins (2.3%) are lower than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: 500101's earnings have declined by -10.9% per year over the past 5 years.
Accelerating Growth: 500101's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 500101 had negative earnings growth (-40.1%) over the past year, making it difficult to compare to the Luxury industry average (6.2%).
Return on Equity
High ROE: 500101's Return on Equity (6.3%) is considered low.
How is Arvind's financial position?
Financial Position Analysis
Short Term Liabilities: 500101's short term assets (₹30.9B) do not cover its short term liabilities (₹32.9B).
Long Term Liabilities: 500101's short term assets (₹30.9B) exceed its long term liabilities (₹12.0B).
Debt to Equity History and Analysis
Debt Level: 500101's debt to equity ratio (86.4%) is considered high.
Reducing Debt: 500101's debt to equity ratio has reduced from 118.9% to 86.4% over the past 5 years.
Debt Coverage: 500101's debt is well covered by operating cash flow (101.5%).
Interest Coverage: 500101's interest payments on its debt are not well covered by EBIT (2.2x coverage).
What is Arvind's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500101's dividend (8.7%) is higher than the bottom 25% of dividend payers in the Indian market (0.86%).
High Dividend: 500101's dividend (8.7%) is in the top 25% of dividend payers in the Indian market (3.7%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 500101 has been paying a dividend for less than 10 years.
Growing Dividend: 500101's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.1%), 500101's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 500101's dividends in 3 years are forecast to be well covered by earnings (29.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Sanjaybhai Lalbhai (65yo)
Mr. Sanjaybhai Shrenikbhai Lalbhai serves as Non Executive Chairman of The Anup Engineering Limited. Mr. Lalbhai has been an Executive Chairman of Arvind Limited since September 28, 2007 and serves as its ...
CEO Compensation Analysis
Compensation vs Market: Sanjaybhai's total compensation ($USD823.19K) is above average for companies of similar size in the Indian market ($USD50.03K).
Compensation vs Earnings: Sanjaybhai's compensation has been consistent with company performance over the past year.
|Chairman & MD||no data||₹62.56m||0.00060% ₹35.7k|
|CFO & Whole Time Director||17.5yrs||₹41.50m||0.26% ₹15.3m|
|Executive Director||7.83yrs||₹32.48m||0.0014% ₹85.7k|
|Executive Director||7.83yrs||₹32.83m||no data|
|Independent Director||9.58yrs||₹680.00k||0.00011% ₹6.5k|
|Independent Director||3.83yrs||₹820.00k||0.0078% ₹464.8k|
|Independent Director||5yrs||₹820.00k||0.000080% ₹4.8k|
|Independent Director||6yrs||₹840.00k||no data|
|Independent Director||1yr||no data||no data|
Experienced Board: 500101's board of directors are considered experienced (7.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Arvind Limited's company bio, employee growth, exchange listings and data sources
- Name: Arvind Limited
- Ticker: 500101
- Exchange: BSE
- Founded: 1931
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: ₹5.952b
- Shares outstanding: 258.77m
- Website: https://arvind.com
- Arvind Limited
- Naroda Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500101||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jun 1998|
|ARVIND||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jun 1998|
Arvind Limited, together with its subsidiaries, manufactures, supplies, and exports textiles worldwide. The company operates through Textiles, Advanced Material, and Others segments. It offers denim fabrics, shirting fabrics, woven and knitted fabrics, and voiles and garments products. The company also provides a range of specialized clothing and accessories for factory workers, fire-fighters, construction crews, soldiers, and healthcare and security personnel; hot-gas and liquid filtration products; interiors and seating solutions; and composites and coated fabrics. In addition, it supplies water and waste water treatment plants for industrial process, and waste water and zero liquid discharge solutions. Further, the company is involved in the e-commerce, technical textiles, agriculture produce, telecommunication, and other businesses, as well as offers EPABX and one to many radio solutions. Arvind Limited was founded in 1931 and is headquartered in Ahmedabad, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/25 12:47|
|End of Day Share Price||2020/05/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.