Arvind Q4 FY26 Consolidated Revenue Rises 15% to ₹2,553 Cr; Board Recommends ₹4.5 Dividend
Arvind Limited reported record Q4 FY26 consolidated revenue of ₹2,553 Cr (+15% YoY) and EBITDA of ₹327 Cr (+19%), with full-year FY26 revenue growing 12% to ₹9,303 Cr and net profit rising 21% to ₹444 Cr. The board recommended a final dividend of ₹4.5 per share and approved a Memorandum of Association amendment. Subsidiary AAML acquired a 60.635% stake in US-based Dalco-GFT for USD 85.42 Mn, marking Arvind's entry into the US technical textiles market.

*this image is generated using AI for illustrative purposes only.
Arvind Limited announced its audited financial results for the fourth quarter and full year ended March 31, 2026, following a board meeting held on May 15, 2026. The company reported sustained growth across key business segments, achieving record highs in consolidated revenue and EBITDA for the quarter. The board of directors recommended a final dividend of ₹4.5 per equity share and approved an alteration to the Object Clause of the Memorandum of Association. Statutory auditors Deloitte Haskins & Sells LLP issued their audit reports with an unmodified opinion on both standalone and consolidated financial results.
Q4 FY26 Consolidated Financial Performance
Arvind delivered an all-time high consolidated revenue of ₹2,553 Cr and EBITDA of ₹327 Cr for Q4 FY26, representing a year-on-year increase of 15% and 19% respectively. The EBITDA margin expanded to 12.8% from 12.4% in the corresponding quarter of the previous year. The following table summarises the key consolidated financial metrics for the quarter:
| Particulars: | Q4 FY25 | Q4 FY26 | YoY Change |
|---|---|---|---|
| Revenue from Operations: | ₹2,220.69 Cr | ₹2,553.09 Cr | 15% |
| EBITDA: | ₹275 Cr | ₹327 Cr | 19% |
| EBITDA %: | 12.4% | 12.8% | 40 bps |
| PAT (attributable to equity holders): | ₹151.04 Cr | ₹159.71 Cr | ~6% |
| Basic EPS (₹): | 5.77 | 6.10 | — |
Full Year FY26 Consolidated Performance
For the full year FY26, consolidated revenue from operations grew by 12% to ₹9,303.19 Cr from ₹8,328.81 Cr in FY25. EBITDA increased by 15% to ₹1,061 Cr, and net profit for the year increased by 21% to ₹444 Cr. The ROCE for the full year reached an all-time high of 13.8%. The table below presents key full-year consolidated financial data:
| Particulars: | FY25 | FY26 | YoY Change |
|---|---|---|---|
| Revenue from Operations: | ₹8,328.81 Cr | ₹9,303.19 Cr | 12% |
| Total Income: | ₹8,394.00 Cr | ₹9,359.51 Cr | — |
| Profit Before Tax: | ₹492.87 Cr | ₹595.04 Cr | — |
| Profit for the Year: | ₹367.38 Cr | ₹426.97 Cr | — |
| PAT attributable to equity holders: | ₹353.49 Cr | ₹413.94 Cr | — |
| Basic EPS (₹): | 13.51 | 15.80 | — |
Standalone Financial Highlights
On a standalone basis, Arvind reported revenue from operations of ₹1,993.67 Cr for Q4 FY26, compared to ₹1,585.00 Cr in Q4 FY25. Profit after tax from continuing operations for the quarter stood at ₹80.23 Cr versus ₹44.48 Cr in the year-ago period. For the full year FY26, standalone revenue from operations was ₹7,142.95 Cr compared to ₹6,236.40 Cr in FY25, while profit after tax from continuing operations was ₹252.08 Cr versus ₹92.78 Cr previously. The standalone results also reflect the Advanced Materials Undertaking as a discontinued operation following the NCLT-sanctioned scheme of arrangement, with profit from discontinued operations for FY26 at ₹45.49 Cr.
| Particulars: | Q4 FY25 | Q4 FY26 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue from Operations: | ₹1,585.00 Cr | ₹1,993.67 Cr | ₹6,236.40 Cr | ₹7,142.95 Cr |
| Profit Before Tax (Continuing): | ₹76.77 Cr | ₹107.06 Cr | ₹236.75 Cr | ₹342.96 Cr |
| PAT (Continuing Operations): | ₹44.48 Cr | ₹80.23 Cr | ₹92.78 Cr | ₹252.08 Cr |
| PAT (Discontinued Operations): | ₹48.53 Cr | — | ₹147.50 Cr | ₹45.49 Cr |
| Total Comprehensive Income: | ₹89.19 Cr | ₹42.83 Cr | ₹226.93 Cr | ₹239.77 Cr |
Segment-Wise Performance
The quarter witnessed strong volume growth across all core business segments. Denim fabric volumes reached 17.4 Mn meters, up 19%, while woven fabric volumes were 34.9 Mn meters, up 5%. Garmenting volumes crossed 10 Mn pieces for the third consecutive quarter. The Advanced Materials business reported a record revenue of ₹546 Cr with an EBITDA margin crossing 17%. The following table presents the consolidated segment-wise revenue for Q4 FY26:
| Segment: | Q4 FY25 | Q4 FY26 | FY25 | FY26 |
|---|---|---|---|---|
| Textiles: | ₹1,614.43 Cr | ₹1,977.29 Cr | ₹6,174.28 Cr | ₹7,147.77 Cr |
| Advanced Materials: | ₹450.70 Cr | ₹545.97 Cr | ₹1,543.53 Cr | ₹1,838.50 Cr |
| Others: | ₹201.42 Cr | ₹218.75 Cr | ₹738.06 Cr | ₹753.58 Cr |
| Net Sales/Income from Operations: | ₹2,220.69 Cr | ₹2,553.09 Cr | ₹8,328.81 Cr | ₹9,303.19 Cr |
Dividend Recommendation
In line with its dividend distribution policy, the board recommended a final dividend of ₹4.50 per equity share of face value of ₹10 each for the financial year ended March 31, 2026. The total dividend payout amounts to ₹118 Cr, which is 28.5% of the reported consolidated PAT for the year. This recommendation is subject to the approval of shareholders at the ensuing Annual General Meeting.
Acquisition of Dalco-GFT
Subsequent to the closure of the reporting period, on May 6, 2026, Arvind Advanced Materials Limited (AAML), a subsidiary of the company, subscribed to 100% of the paid-up equity shares of Arvind Advanced Materials US TopCo Inc. for a total consideration of USD 58 Mn. On the same date, BidCo LLC acquired a 60.635% stake in Dalco GF Technologies, LLC (Dalco-GFT), Delaware, USA for a total consideration of USD 85.42 Mn. Subsequently, on May 7, 2026, BidCo LLC was merged with and into Dalco-GFT, with Dalco-GFT continuing as the surviving entity and becoming a step-down subsidiary of the company. This marks Arvind's entry into the world's largest technical textiles market.
| Parameter: | Details |
|---|---|
| Acquiring Entity: | Arvind Advanced Materials Limited (AAML) |
| Target: | Dalco GF Technologies, LLC (Dalco-GFT) |
| Stake Acquired: | 60.635% |
| Acquisition Consideration: | USD 85.42 Mn |
| TopCo Subscription Consideration: | USD 58 Mn |
| Incorporation: | Delaware, USA |
| Effective Date: | May 6–7, 2026 |
Memorandum of Association — Object Clause Alteration
The board also approved the alteration of the Object Clause of the Memorandum of Association through the insertion of a new sub-clause (v) after the existing sub-clause (u) in Clause III (2), subject to shareholder approval. The proposed amendment broadens the company's stated objects to encompass a wide range of business transformation and technology-enabled services.
| Parameter: | Details |
|---|---|
| Clause Affected: | Clause III (2) of the Memorandum of Association |
| Nature of Change: | Insertion of new sub-clause (v) after existing sub-clause (u) |
| Subject to: | Approval of shareholders |
The new sub-clause covers services including Finance & Accounts, Human Resources, Information Technology Services (ITS), Information Technology Enabled Services (ITeS), Digital Transformation Services (DTS), Data Entry, Processing, Mining & Analytics, Business Process Management, supply-chain, procurement, strategic sourcing, vendor management, logistics coordination, and related advisory services. It also encompasses cloud services, cybersecurity, enterprise systems, infrastructure management, software development, application management, customer relationship management, and all types of end-to-end integrated solutions involving information systems.
Strategic Guidance for FY27
For FY27, Arvind expects to grow at double digits, backed by high double-digit growth in Advanced Materials and mid-teen growth in Garments. The company plans capital allocation of ₹450–500 Cr for growth-oriented capex.
Historical Stock Returns for Arvind
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.34% | +10.18% | +26.54% | +35.97% | +27.01% | +522.94% |
How will the Dalco-GFT acquisition impact Arvind's Advanced Materials revenue mix and margins in FY27, given that the US technical textiles market operates under different competitive dynamics than India?
Could the proposed MoA amendment to include IT, BPO, and digital transformation services signal Arvind's intent to monetize internal capabilities as a standalone business, and what revenue potential could this unlock?
With ₹450–500 Cr earmarked for growth capex in FY27, how will Arvind balance debt levels and maintain its improving ROCE trajectory, especially after the ~USD 143 Mn Dalco-GFT transaction?


































