Arvind Limited is a fashion powerhouse that is also building new age homes. This company is a global leader in apparel manufacturing that is also transforming water management. In Arvind Limited a denim pioneer that is a trailblazer in advanced materials. This company’s wearable technology manufacturer that is also delivering state-of-the-art engineering solutions. This article entirely focuses on a company and its share price graph, Arvind Share Price. Here, you can get the live chart of the particular company.
About the company –
Arvind Limited is a textile manufacturer and the flagship company under Lalbhai Group. This company’s headquarters is in Naroda, Ahmedabad, Gujarat, India. Arvind Limited has units at Santej which is nearby Kalol. This company’s manufactures cotton shirting, denim, knits and bottom weight (khaki) fabrics. Arvind Limited has also recently ventured into technical textiles when it started Advanced Materials Division in 2011. This is India’s largest denim manufacturer apart from being the world’s fourth-largest producer and exporter of denim. Arvind Limited retails its own brands like Flying Machine, Newport and Excalibur and licensed international brands like Arrow, Tommy Hilfiger, through its nationwide retail network. This company also runs three clothing and accessories retail chains, the Arvind Store, Unlimited and Megamart, which stocks company brands.
Arvind is in the Textiles Denim sector. This company’s current market capitalization stands at Rs 2,566.77 crore. It is listed on the BSE with a BSE Code of 500101 and the NSE with an NSE Code of ARVIND.
Arvind Limited’s Registered office is at Naroda Road,
Ahmedabad, Gujarat – 380025.
Tel: 079-22208000 079-30138000
Fax: 079-22208668 079-30138668
Their Registrars are Sharepro Services (India) Pvt.Ltd.
No.416-420, Devnandan Mega Mall,
4th Floor, Opp. Sanyas Ashram,
Ashram Road Ahmedabad – 380006, Gujarat.
Tel: 079-26582381, 26582382, 26582383, 26582384
The company Arvind owns 22 global patents for environmental solutions. Apart from this, in the country, it is the largest fire protection fabric producer. The company also manages 15 global apparel brands such as US Polo, CK, Tommy Hilfiger, GAP, Nautica, Sephora. From retail to advanced materials, the company has near about 42,000 employees across verticals ranging. Now, let’s have a look at the Arvind Share Price graph.
Arvind Share Price Graph
Company financials :
Arvind Limited undertook a massive expansion of its denim capacity even though other cotton fabrics were slowly replacing the demand for denim in the mid-1990s. The expansion plan of this company was funded by loans from both Indian and overseas financial institutions with the demand for denim slowing. This company found it difficult to repay the loans, resulting in an increased interest burden on the loans. Arvind Limited encountered financial problems due to its debt burden, resulting in incurring significant losses, in the late 1990s.
This company came up with a debt-restructuring plan for the long-term debts being taken up in February 2001. This complex financial restructuring exercise of Arvind, which involved several domestic and international lenders. Also, this is considered to be the benchmark and a case study in India.
The Board of Directors of the company:
- Dinesh Yadav is the director and CEO of Arvind.
- Sanjay S Lalbhai is the Chairman and Managing Director of this company.
- Jayesh K Shah is the WholeTime Director and CFO of this company.
- Punit S Lalbhai is the Executive Director of this company.
- Kulin S Lalbhai is the Executive Director of this company.
- Bakul Dholakia is an Independent Director of this company.
- Renuka Ramnath is another Independent Director of this company.
- Vallabh Bhanshali is the Independent Director of this company.
- Dileep C Choksi is an Independent Director of this company.
- Samir Mehta is one of the Independent Director of this company.
- Nilesh Shah is the Independent Director of the company.
The shareholding pattern of the company:
- Foreign Bank.
- Life Insurance Corporation of India.
- KOTAK FUNDS – INDIA MIDCAP FUND.
- HDFC Trustee Company Ltd – A/c HDFC Mid – Capopportunities Fund.
- Multiples Private Equity FII I.
- Kotak Standard Multicap Fund.
- Franklin Templeton Mutual Fund Account – Franklin India Equity Fund.
- India Capital Fund Limited.
- Non-Resident Indian (NRI).
- Overseas corporate bodies.
- SUNDARAM MUTUAL FUND A/C SUNDARAM MID CAP FUND.
- Reliance Capital Trustee Co. Ltd-A/C Reliancesmall Cap Fund.
- Clearing Members.
- Bodies Corporate.
News of the company:
The global investment firm UBS sees near about 29% upside rally to Rs. 130 in a period of one year. The research house says that the textile business success lies in project execution and efficient capital allocation. According to them Advanced materials and water business can drive a re-rating.
As per the September 2018 result, the company’s standalone net sales is at Rs. 1,622.46 Cr. 8.66% up from 2017 September sales Rs.1,493.11. Quarterly Net Profit at Rs. 45.41 Cr up 7.84% from Rs. 42.11 crore the previous year. EBITDA is at the level of Rs. 185.30 Cr in September 2018 up 23.52%. The company’s EPS (Earnings Per Share) has increased to Rs. 1.75 from Rs. 1.65.
According to the consolidated statement of the company, the industry P/E (Price to Earnings) is at the level of 9.97. Book Value stands at the level of 158.08. Price to Book Value is 0.63. EPS (Earnings Per Share) is at 12.65. Face value is Rs. 10.
As per the collected data from March 18 profit-loss statement, the net profit of the company was 306.76 Cr. which is quite low in comparison to the previous years.
Shareholding Pattern of the Company:
Arvind Share Price shareholding pattern of a company reflects its strength somehow. If we broadly divide the shareholding pattern into two part, we find two types of shareholders, promoters and public. The report says promoters hold 42.98% shares (September 18). Public (FII+DII) holds 57.02% shares of the company.
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