Arvind Fashions Ltd — earnings calls

Arvind Fashions reported Q1 FY27 revenue growth of 15.5% to Rs 1,279 crore and EBITDA growth of 19.6% to Rs 160 crore, with gross margin expanding by approximately 90 basis points to 56.7%. Management attributed the performance to growth in direct-to-consumer channels, which reached 62% of sales, along with reduced discounting and stronger full-price sell-through. PAT declined to about Rs 10 crore from Rs 13 crore a year earlier, which management attributed to lower other income rather than weaker operating performance.

Arvind Fashions reported Q4 FY26 revenue growth of 14.8% with NSV at Rs 1,365 crore versus Rs 1,189 crore a year earlier, alongside EBITDA growth of 19% and PAT of Rs 47 crore against a loss of Rs 93 crore in the prior-year quarter. For the full year, revenue grew 14%, EBITDA margin expanded 40 basis points to 13.4%, PAT grew 62% on a comparable basis to Rs 124 crore, and ROCE crossed 23%. Management outlined a FY27 outlook for mid-double-digit growth with 30-40 basis points of EBITDA margin expansion, while flagging mild pressure on raw materials, forex and capex from the West Asia situation.