NSE: ARVINDFASN | BSE: 542484

Expensive Performer

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482.35 -8.45 (-1.72%)

50.64% Gain from 52W Low

287.1K NSE+BSE Volume

NSE 23 Jun, 2025 3:31 PM (IST)

6,438.9

Market Cap

High in industry

1.2

Beta 1Year

Very High Volatility

Arvind Fashions Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ARVINDFASN, BSE:542484 Arvind Fashions Ltd.

Arvind Fashions Ltd.

08 Nov 2023

482.35

-1.72%

Revving up performance: dropping the deadwood

Accumulate: Arvind Fashions Ltd.

Target

ICICI Securities Limited

ARVIND continues to outperform on all key parameters; (1) strong 9% SSSG in retail channel (~50% revenue share) which is one of the best in the apparel sector (after Trent’s at 10%), (2) healthy trajectory of EBITDA margin improvement in emerging brands (to 6% vs 3% in 2QFY23) with revenue growth outperformance at 19% YoY (vs 5% growth in Power Brands – 80% revenue share).

Arvind Fashions Ltd. is trading below its 200 day SMA of 492.9

Arvind Fashions Ltd.

12 Aug 2023

482.35

-1.72%

Relative outperformance: strategic spotlight on profitability a key positive

Accumulate: Arvind Fashions Ltd.

Target

ICICI Securities Limited

ARVIND’s continues to outperform on all key parameters; (1) strong 4% SSSG (vs -3% in ABFRL’s Lifestyle Brands) in retail channel (51% revenue share) which is 2nd best in apparel sector (after Trent’s at 12%), (2) healthy trajectory of EBITDA margin improvement in emerging brands (to 11% vs 6% in FY23) with strong revenue growth 15% YoY (vs 4% growth in Power Brands – 80% revenue share).

Arvind Fashions Ltd. has an average target of 652.33 from 3 brokers.

Arvind Fashions Ltd.

01 Jun 2023

482.35

-1.72%

Decent revenue performance with improvement in profitability

Accumulate: Arvind Fashions Ltd.

ICICI Securities Limited

Arvind Fashions (ARVINDFA) reported decent set of headline numbers. Revenue from power brands (~80% of revenue) grew at 5% 4Y CAGR, led by (1) continued strong growth in USPA brand (~60% of power brand revenue; NSV of ~Rs18bn in FY23) due to outperformance in departmental stores and lower discounting.

Arvind Fashions Ltd. is trading above its 150 day SMA of 462.6

Arvind Fashions Ltd.

16 Feb 2023

482.35

-1.72%

Superior results driven by healthy channel mix and robust growth in power brands

Buy: Arvind Fashions Ltd.

Target

Bonanza

Arvind Fashion has recorded a robust quarter with superior revenue growth and margin expansion led by strong growth in power brands coupled with operating leverage and lower discounts. Sharp growth in revenue from power brands (13% YoY) accounts ~80% of the total revenue on the back of 1) USPA shows encouraging growth in retail LTL and high growth in departmental stores leading to reduced discounts.

Arvind Fashions Ltd. has an average target of 652.33 from 3 brokers.

Arvind Fashions Ltd.

16 Feb 2023

482.35

-1.72%

Impressive strong headline numbers

Accumulate: Arvind Fashions Ltd.

Target

ICICI Securities Limited

Arvind Fashions (ARVINDFA) reported strong set of headline numbers. Revenue from power brands (~80% of revenue) grew 13% 3Y CAGR (similar to Madura brands of ABFRL) led by (1) continued strong growth in USPA brand (~60% of power brand revenue) due to outperformance in departmental stores and lower discounting.

Arvind Fashions Ltd. is trading below its 200 day SMA of 492.9

Arvind Fashions Ltd.

18 Aug 2022

482.35

-1.72%

Highest ever quarterly revenue amid demand pick-up and strategic execution of brand portfolios

Buy: Arvind Fashions Ltd.

Bonanza

Q1 FY23, was amongst the best quarters where AFL reported a revenue jump of 171% YoY to ?920 Cr in Q1 FY23 from ?340.4 Cr in Q1 FY22

Arvind Fashions Ltd. has an average target of 652.33 from 3 brokers.

Arvind Fashions Ltd.

23 Aug 2021, 12:00AM

482.35

-1.72%

Arvind Fashions Ltd

Hold: Arvind Fashions Ltd.

ICICI Securities Limited

We expect gross debt to reduce from | 903 crore in FY21 to | 500 crore by FY23E. The management's focus on prudent capital allocation, stringent working capital policy is expected to translate to positive FCF by FY23E, with pre Ind-AS 116 EBITDA margin of ~7%. We change our stance from REDUCE to HOLD owing to strengthened b/s. Better capital allocation towards profitable brands with improvement in margin profile, debt reduction would be key monitorables. We value...

Arvind Fashions Ltd. is trading below its 200 day SMA of 492.9

Arvind Fashions Ltd.

12 Feb 2020

482.35

-1.72%

Arvind Fashions (3QFY20): Performance par for the course. Maintain BUY

Buy: Arvind Fashions Ltd.

HDFC Securities

Given the brand equity of AFL's power brands (60% of sales), a recovery in this segment is a foregone conclusion. This coupled with multiple margin levers and an increasingly lighter expansion strategy should ensure AFL's return profile has a U-shaped recovery. (6.3% by FY22 vs -3.7% in FY20E). We remain circumspect on the value fashion play though, given AFL's lack of execution history. Valuations at <1x FY20E Power brand sales seem undemanding. While we maintain our estimates, a DCF-roll-over to FY22 leads to a marginal revision in TP to Rs. 460/sh (earlier Rs. 450), implying 11x F22 EV/EBITDA). Reiterate BUY. Near double-digit (-9.8%) top-line de-growth was par for the course for Arvind Fashion (AFL) as FY20 is all about 1. fixing working capital woes in brands biz via reducing reliance on long-credit cycle accounts (MBOs), 2. Reining in losses of the value fashion play Unlimited. 3). Non-core brand exits.

Arvind Fashions Ltd. is trading below its 200 day SMA of 492.9

VOTE: Is Arvind Fashions Ltd. worth buying?

52 Votes:

Buy 76.92%

Sell 13.46%

Hold 9.62%

RESEARCH REPORTS

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