Arvind Fashions Q4 Results Review - Walking The Talk; Delivering On Core Promises: ICICI Securities
Channel mix and cost efficiency drives margin expansion24-05-2024
24-05-2024
Arvind Fashions Ltd - 542484 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Investor meet is scheduled on 29th May, 2024 in Mumbai.23-05-2024
Arvind Fashions Ltd - 542484 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
We are enclosing herewith the Outcome of Conference Call with Analysts/Investors held on 22nd May, 2024.22-05-2024
Arvind Fashions Ltd - 542484 - Compliances-Reg.24(A)-Annual Secretarial Compliance
We are enclosing herewith Annual Secretarial Compliance Report for the financial year ended on 31st March, 2024 pursuant to Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.22-05-2024
Arvind Fashions Q4 Results: Net Profit Rises To Rs 39.7 Crore
Arvind Fashions had sold its Sephora business to Reliance Retail in the last December quarter. According to AFL, its profit from continuing business was at Rs 25 crore, up 72% year-on-year.21-05-2024
Arvind Fashions Ltd - 542484 - Announcement under Regulation 30 (LODR)-Change in Management
Appointment of Secretarial Auditor and Internal Auditor for the financial year 2024-25.21-05-2024
Arvind Fashions Ltd - 542484 - Statement Of Deviation Or Variation In The Use Of Proceeds Of Right Issue.
We are enclosing herewith the Statement of Deviation and Variation in the use of proceeds of Right Issue for the quarter ended 31st March, 2024.21-05-2024
Arvind Fashions Ltd - 542484 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
We are enclosing herewith Monitoring Agency Report for the quarter ended 31st March, 2024.21-05-2024
Q4FY24 Quarterly Result Announced for Arvind Fashions Ltd.
Apparels & Accessories company Arvind Fashions announced Q4FY24 results: Revenues grew by 4% to Rs 1,094 crore compared to Rs 1,055 crore in Q4FY23 and 2-year revenue CAGR of 15%. Growth in Q4 was aided by healthy 4% LTL 17% growth in EBITDA to Rs 148 crore compared to Rs 127 crore in Q4FY23. EBITDA margin improved by 150 bps to 13.5%, despite investment in advertising being higher by ~100 bps YoY PAT (from the continuing business) stood at Rs 25 crore, growth of 72% YoY. Reported PAT grew 123% to Rs 24 crore compared to Rs 11 crore in Q4FY23 Focus on retail excellence helped debtor days being lower by 2 days coupled with tighter control over inventory resulting in gross working capital (GWC) remaining stable ROCE for FY24 improved to 16%+, higher by more than 400 bps YoY Board of Directors of the Company recommended a final dividend of Rs 1.25/- (Rupees One Rupee and Twenty Five Paise only) per equity share of Rs 4/- each, for the financial year ended 31st March, 2024, subject to the approval of the shareholders of the Company at the ensuing Annual General Meeting (‘AGM’) Commenting on the performance of the company, Shailesh Chaturvedi, MD & CEO said “FY24 has been a differentiated year with sharper execution leading to improvement in all key financial metrics, despite market environment staying subdued. Our continued focus on retail excellence resulted in healthy 4% LTL growth leading to 120 bps improvement in EBITDA margin for the full year. Moving forward, we expect growth to witness strong uptick while continuing to stay decisively focused on scaling our existing brands through innovative retail formats and by accelerating our store network expansion leading to further improve margins & ROCE” Result PDF21-05-2024