Aisa kyu hua? Operational Growth ka Asli Magic!
Dekho, jo reported net profit mein 5% ki kami dikh rahi hai na, ₹97.6 Crore tak, woh asal mein company ke operations ko reflect nahi karti. Asal khiladi hai ₹23.56 Crore ka one-time kharcha jo naye labor codes ki wajah se hua. Agar yeh exceptional item hata dein, toh company ka Profit After Tax (PAT) actually 17% badh kar ₹125 Crore ho gaya hai. Toh business toh sahi chal raha hai!
Revenue aur Segments Ka Dhamaka!
Revenue growth bhi super zabardast hai, 13.6% badh kar ₹2,089 Crore pahunch gaya. Iska bada reason hai textile business, jo 16% bhaga hai. Aur toh aur, advanced materials segment toh 32% se grow kiya hai! Denim fabric volumes bhi 16% badhe hain, 13.9 million meters tak pahunch gaye. Woven fabric 5% badhkar 36.7 million meters ho gaya, aur garmenting business bhi 11% upar hai, second quarter in a row mein 10 million pieces deliver kiye hain.
Advanced Materials Aur Market Outlook
Yeh advanced materials wala segment toh bhai kamaal kar raha hai. Operational efficiencies aur achhe product mix ki wajah se iska revenue aur margin dono badhe hain. Defense orders bhi wapas aa gaye hain. Market mein thodi uncertainty hai, global factors aur tariffs ki wajah se, lekin company ko domestic demand se umeed hai, kyunki order book acchi hai.
India-EU FTA: Game Changer?
Aur suno, India aur EU ke beech jo naya Free Trade Agreement (FTA) hua hai, usse textile industry ko bada boost milne wala hai. January 27, 2026 se Indian textiles ko EU mein zero-duty access milega. Isse exports 20-25% tak badh sakte hain annually. Arvind jaise integrated players ke liye yeh bahut achhi khabar hai.
Valuation Aur Competitors Ka Scene
Ab valuation ki baat karein toh Arvind ka P/E ratio lagbhag 18.41x se 20.39x ke beech hai, jo ki competitors (jo 27x ke aaspaas hain) se kam hai. Company ka Debt-to-Equity ratio bhi theek hai, lagbhag 0.37x se 0.40x. Market cap bhi ₹7,800 Crore ke aaspaas hai. Aur jab poori Indian economy 7.5% se 7.8% se grow kar rahi hai, toh textile sector ko bhi support milega.