BSEBoard Meeting2d ago · 28 Oct 2026, 12:24 pm
Outcome of Board Meeting
Arvind Ltd · 500101
✦ AI Summary▲ PositiveResults
Arvind Ltd has announced its Q2 FY27 financial results, with consolidated revenue and EBITDA at ₹2919 Cr and ₹331 Cr, a growth of 23% and 27% respectively. The company's Advanced Materials Business (AMB) reported revenue of ₹805 Cr and EBITDA of ₹119 Cr, with a margin of 15%. The company has also commissioned Phase 1 of its greenfield garment manufacturing facility in Varanasi and has enhanced its global footprint through the establishment of a European presence.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Arvind Ltd - 500101 - Board Meeting Outcome for Outcome Of Board Meeting
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Ref. No. AL/SECT/2026-27/78
October 28, 2026
BSE Limited Na(cid:415)onal Stock Exchange of India Ltd.
Lis(cid:415)ng Dept. / Dept. of Corporate Services, Lis(cid:415)ng Dept., Exchange Plaza, 5th Floor,
Phiroze Jeejeebhoy Towers, Plot No. C/1, G. Block,
Dalal Street, Bandra-Kurla Complex,
Mumbai - 400 001. Bandra (E), Mumbai - 400 051.
Security Code : 500101 Symbol : ARVIND
Security ID : ARVIND
Dear Sir / Madam,
Subject: Outcome of the Board Meeting
With reference to the cap(cid:415)oned subject, we hereby inform that the Board of Directors of the
Company in its mee(cid:415)ng held today i.e. October 28, 2026, has approved the Unaudited Standalone
and Consolidated Financial Results of the Company for the quarter and half year ended on
September 30, 2026, along with the Limited Review reports of Auditors thereon pursuant to
Regula(cid:415)on 33 of SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons 2015 (“SEBI LODR
Regula(cid:415)ons”).
Copy of the said Unaudited Standalone and Consolidated Financial Results along with the Limited
Review reports of Auditors thereon are enclosed herewith.
Press Release and Presenta(cid:415)on in respect of the said financial results are also enclosed herewith.
The Board Mee(cid:415)ng commenced at 10:30 A.M. and concluded at 12:15 P.M.
The above disclosure is being made available on the Company’s website at www.arvind.com.
We request you to take the same on record.
Thanking you,
Yours faithfully,
For Arvind Limited
Pritesh Shah
Company Secretary
Encl. - As above
PRESS RELEASE
Arvind posts all time high quarterly Revenue and EBITDA supported by strong
momentum in Advanced Material Business, Headwind in cost persists!
Highlights for Q2 FY27 (Comparison on a YoY basis):
Consolidated Revenue & EBITDA are at ₹2919 & ₹331 Cr, a growth of 23% & 27% respectively
AMB India revenue and EBITDA grew 23% and 29% respectively with 14% margin
Greenfield garmenting facility at Varanasi goes live, to add ₹250 Cr in revenue at full utilization
Arvind’s credit rating upgraded by one notch from “AA-” to “AA with a stable outlook”.
Ahmedabad, 28th October 2026: Arvind Ltd, India's leading textile, apparel and technical textile company,
today announced its financial results for second quarter and half year ended 30 September 2026. The results
reflect continuation of strong demand scenario and resilient performance across key business segments.
₹ in Cr
Particulars Q2 FY26 Q2 FY27 YoY Change H1 FY26 H1 FY27 YoY Change
Revenue 2371 2919 23% 4377 5420 24%
EBITDA 262 331 27% 448 590 32%
EBITDA % 11.0% 11.4% 40 bps 10.2% 10.9% 70 bps
PAT 107 123 16% 161 204 26%
The first half was impacted by Middle East-led volatility in energy, freight and input costs, while demand in key
Western markets remained cautious. As the quarter progressed, India benefited from a more favourable trade
position and stronger festive order inflows. Backed by our integrated textile value chain and growing Advanced
Materials business, we delivered healthy growth while maintaining stable margins.
Business highlights for Q2 FY27 (Comparison on YoY basis)
The quarter witnessed healthy volume momentum across AMB and some of the textile businesses, supported
by strong execution, higher vertical integration and portfolio addition.
Denim fabric volumes crossed 18 Mn metres, registering growth of 19%, driven by higher demand while
Woven fabric volumes stood at 34 Mn metres
Garmenting volumes registered 11 Mn pieces for the second time, recording 3% growth.
In AMB, Protective Gear [HP] segments witnessing robust traction as we continue to invest in capability
building including new product development for the future
Financial Highlights for Q2 FY27 (Comparison on YoY basis)
Consolidated Revenue and EBITDA for the quarter stood at ₹2,919 Cr and ₹331 Cr, up 23% and 27%
respectively. While excluding Dalco-GFT, our Revenue and EBITDA stood at ₹2,663 Cr and ₹290 Cr, up
by 12% and 11% respectively.
During the quarter, Textile division reported revenue@ of ₹1,999 Cr, up 11%, with EBITDA of ₹190 Cr.
However, EBITDA growth was curtailed due to rise in input cost led to net impact of ~75 bps in textile
margins considering normalized base.
Garmenting division reported revenue of ₹577 Cr, supported by 9% volume growth.
AMB reported revenue of ₹805 Cr (up 81%) with EBITDA of ₹119 (up 97%) translating to margin of 15%.
While India business grew by 23% and touched ₹550 Cr of revenue with ₹78 Cr EBITDA.
Dalco-GFT contributed revenue of ₹256 Cr and EBITDA of ₹41 Cr during the quarter. EBITDA margin
stood at 16%
Quarterly Profit after tax (PAT) before exceptional item stood at ₹123 Cr, a growth of 16%.
During the first half of FY 27, The company has spent about ₹372 Cr in various capex projects.
@Reported revenue for textile division stood at ₹2146 Cr for Q2 FY27 & ₹4008 Cr for H1 FY27, the difference of ₹147 Cr (₹2146 - ₹1999) &
₹274 Cr (₹4008 - ₹3734) respectively represents inter segment sales between textile & Advance Materials business which is eliminated to
present a fair picture
Other Highlights
The Company enhanced its global footprint during the quarter through the establishment of a European
presence with a denim design and marketing hub in Amsterdam, the global centre of denim innovation
and fashion helps improve network, strengthen customer engagement and supporting future growth
opportunities in that market.
During the quarter, the Company commissioned Phase 1 of its greenfield garment manufacturing
facility in Varanasi, Uttar Pradesh. The project is expected to serve the global customer and support
future growth.
Care Rating has upgraded the credit rating of Arvind Ltd to AA with a stable outlook.
Guidance for Q3 FY27
Raw material cost inflation continues to pressure margins, while ongoing global uncertainties and
cautious consumer demand pose near-term challenges despite healthy demand trends in select end-
use sectors.
AMB India business demand is driven by industrial capex, infrastructure, mobility and specialty
applications and expected to achieve ~18% Revenue and EBITDA growth with a stable margin of 14-
Dalco integration is in full steam, capex programs are preponed to foster growth with 15%-16% margin.
Textile segment is expected to achieve early double-digit revenue growth, while margin may remain at
current levels due to elevated cost scenario.
All ongoing capex programs are on track. Expected to cross ₹500 Cr in full year FY27.
About Arvind Ltd:
Arvind is a textile to retail conglomerate with focus on textiles, apparels, advanced materials, environmental solutions, telecom and Omni-
channel commerce. Arvind Limited is an integrated solutions provider in textiles with strong fiber to fashion capabilities for a global customer
base. It is also a design powerhouse implementing innovative concepts and generating intellectual property. It ranks amongst the top
suppliers of fabric worldwide. The company strives every day to create opportunities beyond conventional boundaries and believes that the
possibilities are endless. For more information, please visit https://www.arvind.com/
For further information please contact: Satya Prakash Mishra | Group Head - Investor Relations | (Mobile: 7036228882) |
Satyaprakash.mishra@arvind.in
Disclaimer:
Certain statements contained in this document may be statements of future expectations and other forward-looking statements that are
based on management ‘s current view and assumptions and involve known and unknown risks and uncertainties that could cause actual
results, performance or events to differ materially from those expressed or implied in such statements. None of Arvind Limited or any of its
affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any
use of this document or its content or otherwise arising in connection with this document. This document does not constitute
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