Arvind Fashions Limited (AFL), India's leading casual and denim player, has declared its financial results for the fourth quarter and fiscal year ended March 31, 2026.
Key Highlights for Q4 FY26
- Growth momentum continues in Q4 & revenue grew by ~14.8% to Rs. 1,365 Crs compared to Rs. 1,189 Crs in Q4 FY25 aided by healthy & strong 7.8% LTL and strong growth in direct channels.
- EBITDA grew by ~19.2% to Rs. 189 Crs compared to Rs. 159 Crs in Q4 FY25. EBITDA margin improved by ~50 bps to 13.9%, led by gross margin expansion by 20 bps to 54.1%, aided by higher full-price sell-through and lower retail discounting.
- PAT expanded to Rs. 47 Crs compared to -93 Crs in Q4FY25. PAT from continuing operations (excluding Code on wages & exceptional DTA impact of 120 crs in Q4' FY25) grew by 56% to 42 crs from 27 crs in Q4 FY25
- Inventory freshness is at all time high and NWC Days remained stable at 64 days
- Achieved milestone of ROCE of 23.5%, higher by more than 300 bps Y-o-Y
- Board of Directors of the Company recommended a final dividend of Rs. 1.60/- (Rupees One Rupee and Sixty Paise only) per equity share of Rs. 4/- each, for the financial year ended 31st March 2026, subject to the approval of the shareholders of the Company at the ensuing Annual General Meeting ('AGM')
Key Highlights for FY26
- Delivered strong revenue growth of 14% to Rs. 5,266 Crs compared to Rs. 4,620 Crs FY25 aided by growth in direct channels with superior retail execution, sq. ft. expansion coupled with 8.1% LTL growth and strong growth in online direct-to-consumer channels
- Gross margins higher by 91 bps to 54.4% through richer channel mix, discount reduction & sourcing gains
- EBITDA grew by 17% to Rs. 705 Crs. EBITDA margin expanded by 40 bps to 13.4%
- PAT for the year is 124 crs as compared to -34 crs in FY25. PAT from continuing operations (excluding Code on wages & exceptional DTA impact of 120 crs in Q4' FY25) grew by 62% to 139 crs from 85 crs in Q4 FY25
Commenting on the performance of the company, Ms. Amisha Jain, MD & CEO said "FY26 marked another strong year, with revenue growth of 14% and PAT growth of 62%, reflecting the quality, consistency, and compounding strength of the company's earnings trajectory. The company also delivered strong ROCE improvement, highlighting better capital efficiency.
Looking ahead, our focus remains on accelerating growth across our marquee brands by expanding into adjacent categories, deepening consumer engagement through increased brand investments and increasing the share of direct channels by elevating brand experience. These efforts will be supported by continued investments in technology and AI, along with a nimble supply chain, to deliver sustainable long-term value for our stakeholders."
Shares of Arvind Fashions Limited was last trading in BSE at Rs. 479.40 as compared to the previous close of Rs. 436.40. The total number of shares traded during the day was 299207 in over 12914 trades.
The stock hit an intraday high of Rs. 495.25 and intraday low of 439.60. The net turnover during the day was Rs. 141688055.00.