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.

23 Aug 2021

509.10

1.71%

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...

Number of FII/FPI investors increased from 276 to 289 in Sep 2025 qtr.

Arvind Fashions Ltd.

12 Feb 2020

509.10

1.71%

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.

Number of FII/FPI investors increased from 276 to 289 in Sep 2025 qtr.

VOTE: Is Arvind Fashions Ltd. worth buying?

54 Votes:

Buy 75.93%

Sell 12.96%

Hold 11.11%

RESEARCH REPORTS

Buy SEE REPORTS >

pdf

Buy SEE REPORTS >

pdf