
Arvind is a leading Indian multinational conglomerate with a rich history dating back to 1931. The company has evolved significantly over the years, transforming from a small textile mill to a diversified conglomerate with a presence in various sectors.
Arvind's flagship brand, Arvind Brands, is a leading player in the Indian apparel market. The company operates over 2,000 stores across the country and exports its products to over 50 countries worldwide.
Intriguing read: Korean Conglomerate Companies
Financial Performance
Arvind Ltd. has a complex financial history, but one notable event was the company's massive expansion of its denim capacity in the mid-1990s. This expansion was funded by loans from both Indian and overseas financial institutions.
The company's debt burden became a significant issue as the demand for denim slowed down, leading to financial problems in the late 1990s. In 2001, the company implemented a debt-restructuring plan, which was overseen by Jayesh Shah, CFO, and advised on by a JP Morgan Hong Kong team.
Expand your knowledge: 1990s Chinese Bank Restructurings
Arvind Ltd. has shown some improvement in its financial performance in recent years. The company's operating profit margin (OPM) has been steadily increasing, reaching 12% in 2024.
Here's a breakdown of the company's quarterly results:
Arvind Ltd.'s net profit has also shown some growth, reaching ₹155 crores in 2025. However, the company's compounded profit growth over the past 10 years has been a decline of 1%.
Financial Structure
Arvind's financial structure has undergone significant changes over the years. The company undertook a massive expansion of its denim capacity in the mid-1990s, which was funded by loans from both Indian and overseas financial institutions.
The expansion plan led to an increased interest burden on the loans, resulting in financial problems for the company in the late 1990s. The company's debt burden led to significant losses.
In 2001, the company implemented a debt-restructuring plan for its long-term debts, which was overseen by Jayesh Shah, CFO, and advised on by a JP Morgan Hong Kong team. This complex financial restructuring exercise is considered a benchmark in India.
Check this out: Debt Restructuring in Sri Lanka
Arvind's balance sheet shows a steady increase in equity capital, with a significant jump from Mar 2017 to Mar 2021. The company's equity capital has remained relatively stable since then, ranging from ₹53 crore to ₹53 crore from Mar 2023 to Mar 2025.
Here's a breakdown of Arvind's total liabilities and assets over the years:
Balance Sheet
The balance sheet is a crucial document that provides a snapshot of a company's financial situation at a particular point in time. Let's take a look at Arvind Ltd.'s balance sheet over the years.
Arvind Ltd.'s equity capital has been steadily increasing, from ₹22 in Mar 2017 to ₹53 in Mar 2023 and Mar 2024, and Mar 2025.
Reserves have also seen a significant increase, from ₹636 in Mar 2017 to ₹857 in Mar 2023 and ₹950 in Mar 2024.
Borrowings have fluctuated over the years, ranging from ₹604 in Mar 2017 to ₹1,265 in Mar 2023 and ₹1,148 in Mar 2024.
You might like: Health Saving Account Contribution Limit 2017
Other liabilities have also shown a varying trend, from ₹946 in Mar 2017 to ₹1,497 in Mar 2023 and ₹1,456 in Mar 2024.
Here's a breakdown of Arvind Ltd.'s balance sheet over the years:
As you can see, Arvind Ltd.'s balance sheet has shown a mix of increases and decreases over the years.
Shareholding Pattern
The shareholding pattern of a company reveals who owns its shares and in what proportions. In the past few years, the shareholding pattern of a company has undergone significant changes.
The promoters' shareholding has remained relatively stable, with a slight decline from 43.07% in March 2017 to 39.53% in September 2025. The number of shareholders has also decreased, from 1,78,940 in March 2017 to 1,87,498 in September 2025.
Foreign Institutional Investors (FIIs) have seen a significant decline in their shareholding, from 24.28% in March 2017 to 16.81% in September 2025. This decline is likely due to the changes in the XBRL format, which added more details from September 2022 onwards.
You might like: Brokers with No Pattern Day Trader Rule
Domestic Institutional Investors (DIIs) have seen a slight increase in their shareholding, from 15.27% in March 2017 to 18.69% in September 2025. The number of shareholders has also increased, from 1,78,940 in March 2017 to 1,87,498 in September 2025.
The public shareholding has seen a significant decline, from 17.38% in March 2017 to 30.13% in September 2025. This decline is likely due to the increase in promoters' and FIIs' shareholding.
Here's a summary of the shareholding pattern of a company:
The number of shareholders has also decreased, from 1,78,940 in March 2017 to 1,87,498 in September 2025.
Relationship Chart for Private Companies
Private companies often have a simpler financial structure compared to public ones, but that doesn't mean they don't have their own set of complexities. A private company can be owned by a single individual, a group of individuals, or even another company.
The ownership structure of a private company can be depicted using a relationship chart, which shows the connections between shareholders. This chart can help identify the major stakeholders and their respective ownership percentages.
Expand your knowledge: Cvc Capital Partners Owner
A private company can issue different types of shares, such as common stock and preferred stock, each with its own set of rights and privileges. The relationship chart can help illustrate how these shares are distributed among the shareholders.
In some cases, private companies may have a single shareholder who owns 100% of the company's shares, making them the sole decision-maker. This is often the case with small, family-owned businesses.
The relationship chart can also help identify any restrictions on the transfer of shares, such as right of first refusal or drag-along rights, which can affect the ownership structure of the company.
Reports and Charts
Arvind, a company with a rich history, has made its annual reports available for public access.
You can find the reports for Financial Year 2025, 2024, 2023, 2022, 2021, 2020, and 2019 on the BSE website.
The company's financial reports date back to 2004, with reports available for Financial Year 2004 and 2003.
On a similar theme: Employment Relations Act 2004
Arvind's annual reports are a valuable resource for investors and anyone interested in the company's performance over the years.
Here are the available annual reports in a list format:
- Financial Year 2025 - Available on BSE
- Financial Year 2024 - Available on BSE
- Financial Year 2023 - Available on BSE
- Financial Year 2022 - Available on BSE
- Financial Year 2021 - Available on BSE
- Financial Year 2020 - Available on BSE
- Financial Year 2019 - Available on BSE
- Financial Year 2004 - Available on BSE
- Financial Year 2003 - Available on BSE
Peer Comparison
Arvind, a company in the Consumer Discretionary sector, is part of several key indexes, including the BSE SmallCap, BSE Allcap, and BSE Consumer Discretionary.
Arvind's sales growth is impressive, with a compounded growth rate of 15% over the last three years.
Here's a breakdown of Arvind's sales growth over different time periods:
Arvind's sales growth is consistent over the years, with a 5% compounded growth rate over the last five years.
You might enjoy: Ohio E Check Years
Limited
Arvind is a company that operates under a limited model, which means it has a defined scope and scale of operations. This limited approach allows the company to focus on its core strengths.
One of the key aspects of Arvind's limited model is its focus on textiles, which is where the company has a significant presence. This focus enables the company to leverage its expertise and resources more effectively.
Arvind's limited approach also means that it has a relatively small number of brands under its umbrella, around 25. This smaller portfolio enables the company to maintain a more personalized and tailored approach to its customers.
Additional reading: Focus Group Holdings Limited
Frequently Asked Questions
Who is the CEO of Arvind?
The CEO of Arvind is Shailesh Chaturvedi, a seasoned executive with over 15 years of experience in the branded apparel industry. He oversees Arvind Fashions Limited as its Managing Director and Chief Executive Officer.
What is Arvind known for?
Arvind is India's largest denim manufacturer and a pioneer in introducing denim to the domestic market, sparking the jeans revolution in India.
Featured Images: pexels.com


