Arvind Ltd

Meeting Details

• 31 August 2026 (Monday); Fidelity International; Virtual.
• 1 September 2026 (Tuesday); Elara India Dialogue 2026; Mumbai / Physical.

Participants

• Senior management to attend; roles not disclosed.

Purpose

• Investor engagement discussions with Fidelity and Elara India Dialogue 2026.

Additional Notes

• Schedule subject to change due to exigencies on part of investor/company.

Dividend tax and TDS framework

• Board recommended final dividend of Rs 4.50 per equity share for FY2025-26, subject to AGM.
• Tax deduction at source is applied on dividend payments per IT Act 2025.
• Nil withholding for resident individuals if total TY 2026-27 dividends are under INR 10,000.
• Resident withholding rates: 10% with valid PAN; 20% if PAN is invalid or absent.
• Non-residents face 20% withholding (plus surcharge/cess) or treaty rate, subject to documentation.
• Some categories (FIIs/FPIs, AIF in IFSC, etc.) have specific lower rates.
• Deadline: documents (Form 121, 41, TRC, etc.) must be uploaded by 4 September 2026.
• Soft copies of the TDS certificate will be issued by email after dividend payment.
• Company may independently verify PAN with NSDL; higher tax rate may apply if mismatched.

Meeting Details

• Conference call with analysts/investors held on August 13, 2026.
• Type: conference call with analysts/investors.
• Purpose: discuss quarterly results for quarter ended June 30, 2026.
• Transcript of the post-results conference call available.

Meeting Details

• Date: August 13, 2026; post-results conference call with analysts/investors.
• Type/Mode: group conference call; virtual audio recording.
• Event organiser: post-results conference call organized by Arvind Limited.
• Recording: audio recording of the call will be available.

Purpose

• Discuss Q1 FY27 financial performance for quarter ended June 30, 2026.

Business Overview

• Core business spans Textiles and Advanced Materials; Dalco-GFT added via acquisition.
• Disclosed UK London office and Bangladesh manufacturing tie-up to diversify footprint.
• Dalco-GFT consolidation with Arvind Financials effective May 6, 2026.
• QIP of ₹500 Cr completed; marquee institutional investors participating.

Operational Highlights

• Denim up 34% and Woven up 7% on new product introductions.
• Garmenting volume crosses 11 million pieces.
• AMB revenue growth supported by domestic volume gains and Dalco-GFT consolidation.
• Capex programs on track; full-year FY27 spend guided to ₹450–₹500 Cr.
• UK FTA live; defense procurement momentum improving for AMB.

Financial Performance

• Q1 FY27 consolidated revenue ₹2,501 Cr, up 25% YoY.
• EBITDA ₹258 Cr; EBITDA margin 10.3%; PAT ₹80 Cr, up 47% YoY.
• Dalco-GFT contributed ₹157 Cr revenue in 1.8 months; EBITDA ₹23.7 Cr.
• Debt rose to ₹468 Cr; cash ₹86 Cr; equity ₹404 Cr; non-current option liability ₹411 Cr.
• Exceptional items of ₹22.6 Cr post-tax related to acquisition.

Capital Structure & Liquidity

• QIP raised ₹500 Cr; investors strengthened participation by large shareholders.
• Total debt ₹468 Cr; cash ₹86 Cr; equity ₹404 Cr.
• Non-current liability includes ₹411 Cr option purchase for stake expansion.

Outlook & Strategy

• FY27 capex guidance ₹450–₹500 Cr; ongoing capex on track.
• Growth focus on Geo-Textiles and Dalco-GFT sales network in the US.
• Integrated Textile offering gaining traction; margins resilient via efficiencies and pass-through.
• Macro positives: UK FTA and resilient India textiles demand.

Risks & Governance

• Geopolitical disruption and shipping channel issues weighing on supply chains.
• Raw material cost volatility pressuring margins; mitigated by efficiency gains.
• Tariff-related pricing pressures in textiles; mitigation via pass-through.
• Governance: QIP participants; no major board changes disclosed.

Financial highlights

• Consolidated revenue ₹2,501 Cr and EBITDA ₹258 Cr, up 25% and 39% YoY.
• EBITDA margin 10.3% in Q1 FY27.
• PAT before exceptional items ₹80 Cr, up 47%.
• Dalco-GFT majority stake (~61%) acquired; Q1 revenue ₹157 Cr, EBITDA ₹24 Cr; margin 15.1%.
• Full-quarter Dalco-GFT revenue ₹244 Cr; EBITDA ₹40 Cr; margin 16.3%.

Strategic & portfolio developments

• Dalco-GFT acquisition expands technical textiles portfolio; TAM US$2.5 B.
• London office established; expanding international presence.
• AMB revenue ₹650 Cr; EBITDA ₹97 Cr; margin 15%.
• Denim volumes 17.5 Mn m; +34% YoY.
• Woven fabrics volumes 31.2 Mn m; +7%.
• Garmenting volumes >11 Mn pcs; +13%.

Operational metrics

• Capex spent ₹98 Cr in quarter.
• Dalco-GFT consolidation from 6 May 2026; ~1.8 months impact.
• Depreciation includes ₹10.7 Cr amortisation; finance costs ₹10.6 Cr due to US$110 Mn loan.
• Exceptional items ₹23 Cr (net of tax) related to acquisition.

Outlook and guidance

• Q2 FY27 guidance: UK-India FTA and improving domestic demand.
• Demand resilient; healthy order books; diversified portfolio supports growth.
• AMB defense and mobility programs gaining traction; focus on higher-value programs.
• Growth capex FY27 ₹450-500 Cr; on track.
• Integrated textile offering gaining traction; garment volumes rising.

Capital actions

• QIP ₹500 Cr completed; proceeds for debt reduction.
• Balance sheet strengthened; debt profile rationalized; free cash flow steady.

Financial results approved

• Approved unaudited standalone and consolidated Q1 FY27 results for quarter ended 30 June 2026.
• Limited review reports by auditors accompany the results.

Major corporate actions

• Acquired majority stake (~61%) in Dalco-GFT (USA), Arvind's largest-ever acquisition.
• Dalco-GFT consolidation effective 6 May 2026.
• Completed ₹500 Cr QIP; debt reduction and balance-sheet strengthening.
• Capex guidance ₹450-500 Cr for FY27; capex programs on track.
• London office established; Bangladesh garment-manufacturer partnership formed.
• Dalco-GFT adds TAM US$2.5 billion opportunity in US market.

Key operating highlights

• Q1 FY27: revenue ₹2,501 Cr, EBITDA ₹258 Cr, PAT ₹80 Cr.
• AMB revenue ₹650 Cr, EBITDA ₹97 Cr, margin 15%.
• Dalco-GFT quarterly revenue ₹244 Cr, EBITDA ₹39.8 Cr, margin 16.3%.
• RM costs pressured margins; mitigation plan in progress.
• FY27 capex on track; expected ₹450-500 Cr.

Meeting Details

• Date and time: 13 August 2026, 11:00 IST.
• Type and mode: Group conference call; virtual format.
• Event/organizer: Analysts/Investors conference call for Q1 FY27 by Arvind Limited.

Purpose

• To present and discuss unaudited Q1 FY27 results for quarter ended 30 June 2026.

Participants

• Vice Chairman; Whole-Time Director & Group CFO; Executive Director & CFO.
• CEO and President of AAML; Head of Investor Relations.

Additional Notes

• Presentation materials will be available on the company website.

QIP details

• QIP opened on August 3, 2026 and closed on August 5, 2026.
• Finance Committee approved closure, allocation, allocation confirmation notes, and placement document.
• Total shares allocated: 99,00,990 equity shares to eligible QIBs.
• Issue price ₹505 per share; floor price ₹518.58; discount ₹13.58 (2.62%).
• Placement Document dated August 5, 2026.
• Allocation confirmation notes will be sent to eligible QIBs.
• Issue period closure date: August 5, 2026.
• Approval status: Finance Committee approvals.