Arvind Fashions Limited — Investor Meet, 22-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Arvind Fashions posted FY revenue growth of 8.5% to INR 4,620 Cr with EBITDA up 17% to INR 637 Cr, expanding margin by 100 bps to ~14%. Gross margin rose 130 bps to 53.5%, driven by better pricing and sourcing. PAT grew 70% after adjusting for a one-off INR 120 Cr charge. Retail saw 5% like-to-like growth and online B2C jumped 25%+. Adjacent categories contribute 20%+ of revenue, led by profitable footwear (INR 300 Cr) and innerwear (INR 200 Cr). Aggressive store expansion continues, focusing on larger franchise-operated stores. Brands like U.S. Polo, Tommy Hilfiger, and Calvin Klein deliver double-digit growth, while Arrow and Flying Machine improve margins. Management targets 12%-15% revenue growth in FY26 with emphasis on profitable expansion and ROCE above 20%.