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ARVI

Arvind NSEI:ARVIND Stock Report

Last Price

₹89.45

Market Cap

₹23.3b

7D

3.8%

1Y

13.3%

Updated

25 Jun, 2022

Data

Company Financials +
ARVIND fundamental analysis
Snowflake Score
Valuation6/6
Future Growth3/6
Past Performance2/6
Financial Health4/6
Dividends0/6

ARVIND Stock Overview

Arvind Limited, together with its subsidiaries, manufactures, markets, retails, supplies, and exports textiles in India and internationally.

Arvind Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Arvind
Historical stock prices
Current Share Price₹89.45
52 Week High₹158.75
52 Week Low₹77.70
Beta0.73
1 Month Change-9.42%
3 Month Change-22.52%
1 Year Change13.30%
3 Year Change41.31%
5 Year Change-75.14%
Change since IPO-24.64%

Recent News & Updates

Jun 17
We Think Arvind (NSE:ARVIND) Is Taking Some Risk With Its Debt

We Think Arvind (NSE:ARVIND) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

ARVINDIN LuxuryIN Market
7D3.8%2.7%2.3%
1Y13.3%14.2%-0.9%

Return vs Industry: ARVIND matched the Indian Luxury industry which returned 14.2% over the past year.

Return vs Market: ARVIND exceeded the Indian Market which returned -0.9% over the past year.

Price Volatility

Is ARVIND's price volatile compared to industry and market?
ARVIND volatility
ARVIND Average Weekly Movement6.7%
Luxury Industry Average Movement7.7%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: ARVIND is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: ARVIND's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
193124,774Sanjaybhai Lalbhaihttps://www.arvind.com

Arvind Limited, together with its subsidiaries, manufactures, markets, retails, supplies, and exports textiles in India and internationally. It operates through Textiles, Advanced Material, and Others segments. The company offers denim fabrics, shirting fabrics, woven and knitted fabrics, and voiles and garments products.

Arvind Fundamentals Summary

How do Arvind's earnings and revenue compare to its market cap?
ARVIND fundamental statistics
Market Cap₹23.34b
Earnings (TTM)₹2.38b
Revenue (TTM)₹80.34b

9.8x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ARVIND income statement (TTM)
Revenue₹80.34b
Cost of Revenue₹43.31b
Gross Profit₹37.03b
Other Expenses₹34.65b
Earnings₹2.38b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)9.13
Gross Margin46.10%
Net Profit Margin2.96%
Debt/Equity Ratio58.5%

How did ARVIND perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is ARVIND undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ARVIND?

Other financial metrics that can be useful for relative valuation.

ARVIND key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA5.3x
PEG Ratio0.2x

Price to Earnings Ratio vs Peers

How does ARVIND's PE Ratio compare to its peers?

ARVIND PE Ratio vs Peers
The above table shows the PE ratio for ARVIND vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.1x

Price-To-Earnings vs Peers: ARVIND is good value based on its Price-To-Earnings Ratio (9.8x) compared to the peer average (11.1x).


Price to Earnings Ratio vs Industry

How does ARVIND's PE Ratio compare vs other companies in the Indian Luxury Industry?

Price-To-Earnings vs Industry: ARVIND is good value based on its Price-To-Earnings Ratio (9.8x) compared to the Indian Luxury industry average (12.2x)


Price to Earnings Ratio vs Fair Ratio

What is ARVIND's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ARVIND PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.8x
Fair PE Ratio38.1x

Price-To-Earnings vs Fair Ratio: ARVIND is good value based on its Price-To-Earnings Ratio (9.8x) compared to the estimated Fair Price-To-Earnings Ratio (38.1x).


Share Price vs Fair Value

What is the Fair Price of ARVIND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ARVIND (₹89.45) is trading below our estimate of fair value (₹289.41)

Significantly Below Fair Value: ARVIND is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: ARVIND is good value based on its PEG Ratio (0.2x)


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Future Growth

How is Arvind forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


41.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ARVIND's forecast earnings growth (41.4% per year) is above the savings rate (6.7%).

Earnings vs Market: ARVIND's earnings (41.4% per year) are forecast to grow faster than the Indian market (17.4% per year).

High Growth Earnings: ARVIND's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ARVIND's revenue (9.9% per year) is forecast to grow slower than the Indian market (11.5% per year).

High Growth Revenue: ARVIND's revenue (9.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ARVIND's Return on Equity is forecast to be low in 3 years time (15.5%).


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Past Performance

How has Arvind performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-28.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ARVIND has high quality earnings.

Growing Profit Margin: ARVIND became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ARVIND's earnings have declined by 28.7% per year over the past 5 years.

Accelerating Growth: ARVIND has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ARVIND has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (83.8%).


Return on Equity

High ROE: ARVIND's Return on Equity (8%) is considered low.


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Financial Health

How is Arvind's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ARVIND's short term assets (₹40.4B) exceed its short term liabilities (₹36.4B).

Long Term Liabilities: ARVIND's short term assets (₹40.4B) exceed its long term liabilities (₹10.6B).


Debt to Equity History and Analysis

Debt Level: ARVIND's net debt to equity ratio (56%) is considered high.

Reducing Debt: ARVIND's debt to equity ratio has reduced from 78.9% to 58.5% over the past 5 years.

Debt Coverage: ARVIND's debt is well covered by operating cash flow (33.8%).

Interest Coverage: ARVIND's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet


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Dividend

What is Arvind current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


5.03%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate ARVIND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ARVIND's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ARVIND's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ARVIND's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: ARVIND is not paying a notable dividend for the Indian market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ARVIND has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

0.5yrs

Average management tenure


CEO

Sanjaybhai Lalbhai (67 yo)

no data

Tenure

₹14,745,548

Compensation

Mr. Sanjaybhai Shrenikbhai Lalbhai served 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 ($USD188.39K) is about average for companies of similar size in the Indian market ($USD197.28K).

Compensation vs Earnings: Sanjaybhai's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ARVIND's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: ARVIND's board of directors are considered experienced (9.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ARVIND insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Arvind Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Arvind Limited
  • Ticker: ARVIND
  • Exchange: NSEI
  • Founded: 1931
  • Industry: Textiles
  • Sector: Consumer Durables
  • Implied Market Cap: ₹23.345b
  • Shares outstanding: 260.84m
  • Website: https://www.arvind.com

Number of Employees


Location

  • Arvind Limited
  • Naroda Road
  • Near Chamunda Bridge
  • Ahmedabad
  • Gujarat
  • 380025
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.