Arvind Fashions Ltd. · NSE:ARVINDFASN
Arvind Fashions — Q3 FY26 Earnings Presentation
30 slides from Arvind Fashions's earnings presentation, Jan 28, 2026
Slide 1: Exchange filing cover letter for investor presentation
January 28, 2026 To, To, BSE Limited National Stock Exchange of India Ltd. Listing Dept. / Dept. of Corporate Services Listing Dept., Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers Plot No. C/1, G. Block Dalal Street Bandra-Kurla Complex Mumbai - 400 001 Bandra (E) Mumbai - 400 051 Security Cod
Slide 2: Q3 FY26 Results Presentation
Q3 FY26 RESULTS PRESENTATION Jan | 2026 Q3 FY26 RESULTS
Slide 3: Disclaimer
DISCLAIMER This document by Arvind Fashions Limited (‘the Company’) contains forward-looking statements that represent our beliefs, projections and predictions about future events or our future performance. These forward-looking statements are necessarily subjective and involve known and unknown ris
Slide 4: Agenda
AGENDA 01 02 03 Q3 FY26 Performance Q3 FY26 Results Way Forward Highlights Q3 FY26 RESULTS 3
Slide 5: Q3 FY26 Performance Highlights
Q3 FY26 PERFORMANCE HIGHLIGHTS Q3 FY26 RESULTS 4
Slide 6: Market & Economy Update
MARKET & ECONOMY UPDATE Overall demand remains stable with uneven consumption trends Strong brands with direct to consumer focus continue to drive higher market share Premiumisation continues to attract strong demand Regulatory tailwinds e.g. Interest rate cuts, GST reforms & easing inflationary pre
Slide 7: FY26 Objectives – What We Have Set for Ourselves
FY26 OBJECTIVES – WHAT WE HAVE SET FOR OURSELVES Objectives • Aspiration to grow revenues at 12-15% with acceleration in adjacent categories growth Sales & Profitability • Operating leverage to aid EBITDA & PAT margins expansion Improve brand salience • Continued investments in advertisement to driv
Slide 8: Q3 FY26 Business Highlights
SALES GROWTH DRIVERS Q3 FY26 BUSINESS Strong revenue growth at 14.5% Y-o-Y, driven by direct channel Retail LTL of 8.2%; aided by superior execution HIGHLIGHTS Gross addition of 43 EBOs; net sq. ft. at ~13.07L Adjacent categories witnessed 20%+ growth performance PROFITABILITY WORKING CAPITAL CHANNE
Slide 9: Strong Sales Growth Across Channels
STRONG SALES GROWTH ACROSS CHANNELS Sales ( ₹ in crores) 1,377 • Strong revenue growth of 14.5%, aided by growth across direct channels • Direct channels continued their outperformance o Superior execution in retail drove strong LTL of 8.2% resulting in ~11% growth along with sourcing gains 1203 o ~
Slide 10: Leading to Continued Profitability Improvement
LEADING TO CONTINUED PROFITABILITY IMPROVEMENT EBITDA ( ₹ in crores) PBT * and PAT # ( ₹ in crores) 195 83 +18% 69 165 28 26 Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 PBT* PAT * Before Code on Wages impact # from continuing operations • Improvement in EBITDA margins by 40 bps Y-o-Y aided by gross margin expan
Slide 11: Channel Mix
CHANNEL MIX Q3 FY25 Q3 FY26 11% 14% 17% 13% 46% 48% 26% 27% Wholesale (MBO + Dept. Stores) Retail Online B2C Online B2B and others Q3 FY26 RESULTS 10
Slide 12: Stable Sales Growth in YTD Across Channels
STABLE SALES GROWTH IN YTD ACROSS CHANNELS Sales ( ₹ in crores) 3,901 • Strong revenue growth of ~14%, aided by growth across direct channels • Direct channels continued their outperformance o Consistent strong LTL of 8.2% resulting in 13% growth in retail o 50%+ growth in online B2C channel 3,431 •
Slide 13: Continued Profitability Improvement During YTD
CONTINUED PROFITABILITY IMPROVEMENT DURING YTD EBITDA ( ₹ in crores) PBT * and PAT # ( ₹ in crores) 515 +16.3% 209 443 159 76 59 YTD FY25 YTD FY26 YTD FY25 YTD FY26 PBT* PAT * Before Code on Wages impact # from continuing operations • Improvement in EBITDA margins (Excl other income) by 30 bps Y-o-Y
Slide 14: Channel Mix
CHANNEL MIX YTD FY25 YTD FY26 17% 19% 42% 43% 13% 10% 28% 27% Wholesale (MBO + Dept. Stores) Retail Online B2C Online B2B and others Q3 FY26 RESULTS 13
Slide 15: Continue to Open Marquee EBOs
CONTINUE TO OPEN MARQUEE EBOs USPA - Gateway Mall, Hyderabad Q3 FY26 RESULTS 14
Slide 16: Continue to Open Marquee EBOs
CONTINUE TO OPEN MARQUEE EBOs CK, Lake Shore Mall, Hyderabad Q3 FY26 RESULTS 15
Slide 17: Continue to Open Marquee EBOs
CONTINUE TO OPEN MARQUEE EBOs TH, Lake Shore Mall, Hyderabad Q3 FY26 RESULTS 16
Slide 18: Brand Highlights
Q3 FY26 PERFORMANCE HIGHLIGHTS BRAND HIGHLIGHTS
Slide 19: Brand Highlights
Brand Highlights • Continued growth momentum with marketing investments, helping deliver consistent strong growth across channels • Fueled by strong sales in festive season, direct channels continue to outperform; share of revenue increasing • Opened marquee and large sq. ft. stores to further deepe
Slide 20: Brand Highlights
Brand Highlights • Product innovation continue to be at the heart of brand journey, e.g., Autopress, Auto flex trouser • Strong direct channel performance • New celeb campaign ‘Tailored for the Good Life’ featuring actors Vedang Raina & Khushi Kapoor delivered strong media impact • Focus on accelera
Slide 21: Brand Highlights
Brand Highlights • Delivered strong LTL in retail channel and curation of specific lines for department stores leading to healthy growth • Well-positioned to improve financial performance backed by growth & operating leverage over coming quarters • Completed transaction to acquire Flipkart group sta
Slide 22: Brand Highlights
Brand Highlights • Accelerated EBO expansion in Q3 & focus on expanding retail & online presence • High single digital LTL growth coupled with favorable tailwinds around premiumization continue to aid brand performance • Strong brand pull continues for this market leader Q3 FY26 RESULTS 21
Slide 23: Brand Highlights
Brand Highlights • Direct channel growth fueled by strong festive season and stable LTL growth • Premiumization trend helping brand deliver industry leading sell-thru’s • Continue to deliver strong financial performance Q3 FY26 RESULTS 22
Slide 24: Q3 FY26 Results
Q3 FY26 RESULTS Q3 FY26 RESULTS 23
Slide 25: Q3 FY26 - Performance Snapshot
Q3 FY26 - PERFORMANCE SNAPSHOT ( ₹ in crores) Q3 FY26 Q3 FY25 Revenue from Operations 1377 1203 Other Income 6 9 Total Income 1382 1211 EBITDA 201 174 EBITDA excl other income 195 165 PBT before Code of Wages impact 83 69 Code of Wages impact 29 0 PBT 54 69 Taxes 17 21 Minority Interest 11 20 PAT 26
Slide 26: YTD FY26 - Performance Snapshot
YTD FY26 - PERFORMANCE SNAPSHOT ( ₹ in crores) YTD FY26 YTD FY25 Revenue from Operations 3901 3431 Other Income 33 23 Total Income 3935 3454 EBITDA 549 467 EBITDA excl other income 515 443 PBT before Code of Wages impact 209 159 Code of Wages impact 29 0 PBT 180 159 Taxes 62 52 Minority Interest 42
Slide 27: Efficient Working Capital Management
EFFICIENT WORKING CAPITAL MANAGEMENT ( ₹ in crores) Dec’25 Dec’24 Sept’25 Inventory 1511 1127 1492 Inventory days 99 89 96 Receivables 740 639 936 Debtor days 56 54 56 GWC 2251 1766 2428 GWC days 155 143 152 Payables 1350 1139 1467 Creditor days 92 84 91 NWC 901 628 961 NWC days 63 59 60 Note for da
Slide 28: Way Forward
WAY FORWARD Q3 FY26 RESULTS 27
Slide 29: Way Forward
WAY FORWARD AFL Stable demand environment to Focus on profitability Acceleration in retail network deliver consistent double digit improvement led by operating expansion across brands through revenue growth leverage and better channel mix asset light approach Committed to scaling existing Continue h
Slide 30: Thank You
ALVIND £ASHIONS THANK YOU