Company Valuation: Arvind Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 30,098 22,319 70,679 82,525 88,949 144,177 - -
Change - -25.85% 216.68% 16.76% 7.78% 62.09% - -
Enterprise Value (EV) 1 46,921 22,319 83,104 95,110 99,469 163,601 157,448 152,235
Change - -52.43% 272.35% 14.45% 4.58% 64.47% -3.76% -3.31%
P/E 12.7x 5.51x 21x 23.4x 21.5x 23.9x 20.9x 18.5x
PBR 1.02x 0.67x 2x 2.18x 2.2x 2.99x 2.7x 2.41x
PEG - 0.1x -1.2x 4.78x 1.3x 0.5x 1.5x 1.4x
Capitalization / Revenue 0.37x 0.27x 0.91x 0.99x 0.96x 1.28x 1.15x 1.05x
EV / Revenue 0.58x 0.27x 1.07x 1.14x 1.07x 1.45x 1.25x 1.11x
EV / EBITDA 5.95x 2.79x 9.83x 11.1x 9.9x 12.5x 10.2x 8.97x
EV / EBIT 9.09x 4.08x 14.3x 16x 13.9x 17.5x 13.9x 11.9x
EV / FCF 11.5x 4.83x 18.7x 34x 26.1x -52.9x 19x 19x
FCF Yield 8.71% 20.7% 5.34% 2.94% 3.83% -1.89% 5.26% 5.27%
Dividend per Share 2 - 3.75 3.75 3.75 4.5 3.85 3.9 3.767
Rate of return - 4.39% 1.39% 1.19% 1.33% 0.7% 0.71% 0.68%
EPS 2 9.13 15.49 12.86 13.49 15.79 23 26.28 29.77
Distribution rate - 24.2% 29.2% 27.8% 28.5% 16.7% 14.8% 12.7%
Net sales 1 80,337 83,825 77,378 83,288 93,032 112,487 125,770 137,677
EBITDA 1 7,880 8,000 8,452 8,534 10,044 13,093 15,458 16,968
EBIT 1 5,160 5,470 5,794 5,947 7,141 9,325 11,322 12,842
Net income 1 2,382 4,046 3,366 3,535 4,139 5,578 7,091 8,093
Net Debt 1 16,824 - 12,424 12,585 10,521 19,424 13,271 8,058
Reference price 2 115.50 85.35 270.15 315.20 339.35 550.00 550.00 550.00
Nbr of stocks (in thousands) 260,586 261,497 261,630 261,818 262,115 262,140 - -
Announcement Date 5/18/22 5/18/23 5/6/24 5/15/25 5/15/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.91x1.45x12.5x0.7% 1.5B
35.42x4.89x23.83x0.52% 3.95B
35.6x2.03x16.56x - 2.21B
12.07x1.66x7.04x3.3% 2.06B
6.45x0.73x7.14x3.36% 1.25B
24.34x - - 1.3% 1.21B
Average 22.96x 2.15x 13.41x 1.84% 2.03B
Weighted average by Cap. 26.02x 2.76x 15.76x 1.57%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  4. Valuation Arvind Limited