Arvind Fashions Limited is an Indian company engaged in the business of marketing branded apparel under various national and international brands. The company primarily operates in apparel, beauty products, and footwear space. Some top brands under Arvind Fashions Limited include US Polo Assn, Flying Machine, Arrow, Calvin Klein, Tommy Hilfiger, Unlimited, and Sephora. The company was incorporated on 5 January 2016, and its market capitalisation, as of 11 October 2022, is Rs 4,365 crore. The company has its headquarters in Ahmedabad, Gujarat, and warehouses in Bengaluru, New Delhi, Mumbai, and Kolkata.
The company is listed on the National Stock Exchange (NSE) as well as the Bombay Stock Exchange (BSE) under the codes ARVINDFASN and 542484, respectively.
Arvind Fashions Limited has good expertise in scaling up brands through the multi-channel distribution of their products. The company aspires to become India’s leading lifestyle company in the post-pandemic era. In 2020, it floated two rights for the issue of equity shares to raise working capital. It also expanded its business domain from retail distribution to online services. The company has two wholly-owned subsidiaries—Arvind Lifestyle Brands Ltd. and Arvind Beauty Brands Pvt. Ltd.
In June 2022, retail investors and other domestic investors had a stake of 44.67% in the company, promoters had a stake of 36.88%, a 10.82% stake was invested in mutual funds, and a 7.63% stake belonged to the Foreign Institutional Investors (FIIs). The top four mutual funds in which the company has invested are ICICI Prudential Small Cap Fund Direct Growth, ICICI Prudential Mid-cap Fund Direct Growth, ICICI Prudential Long-term Equity Fund, and Franklin India Flexi-cap Fund Direct Growth.
The management team of the company includes Mr Shailesh Chaturvedi (Managing Director and CEO), Mr Kulin Lalbhai (Director), Mr Amitabh Suri (CEO of US Polo), Mr Punit Lalbhai (Non-Executive Director), Mrs Nithya Easwaran (Non-Executive Director), Mr Nilesh Shah (Independent Director), and Mr Vallabh Bhanshali (Independent Director), among others.
On 12 October 2022, Arvind Fashions Limited's share price closed at Rs 312.80 at the NSE and Rs 312.10 at the BSE. This share has given a 6-month return of 9.26%, and its 52-week high and 52-week low prices are Rs 352.00 and Rs 217.90, respectively. As of 12 October 2022, the PB ratio of this company stood at 5.806.
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Arvind Fashions share price as on 27 Apr 2024 is Rs. 475.9. Over the past 6 months, the Arvind Fashions share price has increased by 50.39% and in the last one year, it has increased by 66.49%. The 52-week low for Arvind Fashions share price was Rs. 263.95 and 52-week high was Rs. 534.
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