Conference Call with Arvind Ltd. Management and Analysts on Q3FY26 Performance and Outlook. Listen to the full earnings transcript.
Textiles company Arvind announced Q3FY26 results Consolidated Revenue and EBITDA stood at Rs 2,373 crore and Rs 286 crore, up 14% and 15% respectively. Margin improvement program enabled EBITDA margin to cross 12%, though impacted by tariff-related discounts, reducing the EBITDA by Rs 25 crore in Q3 and Rs 63 crore in 9MFY26. Higher volumes and cost actions mitigated part of the tariff impact; excluding tariffs, margins would have exceeded the 13%, in line with medium-term guidance. Textile division achieved a revenue of Rs 1,717 crore, up 9%, with EBITDA of Rs 193 crore at 11.2% margin. Garmenting division revenue at Rs 493 crore, up 23%, backed by favourable product mix & realization. AMD reported its highest ever quarterly revenue and EBITDA of Rs 496 crore (up 32%) and Rs 77 crore (up 36%). AMD EBITDA margin reached 15.5% on account of higher growth leading to better operating leverage. Profit after tax (PAT) before exceptional item stood at Rs 125 crore, up 17%. The implementation of the new labour code led to a one-time P&L; impact of Rs 23.5 crore (net of tax). ROCE on a run rate basis increased by ~150 bps and reached 16% (19% Considering normalized EBIT (excluding one-offs) and Invested capital in use i.e., excluding CWIP). The company has spent about Rs 348 crore in various growth capex projects in 9MFY26. The company maintained its net debt at Rs 1,236 crore similar to Mar’25 levels. Result PDF