Read the quarter in context.
A source-linked quarter view: reported numbers, management language, guidance, and the risks that should carry forward.
ConCallIQ research layer
Signal, with the source still visible.
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Revenue
₹2,553 Cr
verified against source
Revenue YoY
15%
reported change
EBITDA
₹327 Cr
latest reported figure
Source
screener in
record provenance
Actual signal trajectory
Where this quarter sits.
Quarter read
What the record says.
Arvind delivered a strong Q4 FY26 with consolidated revenue of ₹2,553 crore (+15% YoY) and EBITDA of ₹327 crore (+19% YoY), driven by robust volume growth across segments: denim volumes up 19%, woven fabrics up 5%, and garmenting crossing 10 million pieces for the third consecutive quarter. Advanced Materials (AMD) posted record revenue of ₹1,839 crore (+21% YoY) with EBITDA margin of 15.1%, supported by favorable product mix and operating leverage. Full-year PAT grew 21% to ₹444 crore. Management guided for double-digit revenue growth in FY27, with high-teens growth in AMD and mid-teens in garmenting, though input cost inflation (cotton, energy, chemicals) may pressure EBITDA margins by 100-150 bps in H1. The acquisition of US-based Dalco GFT is expected to be margin-accretive. Key risk: sustained geopolitical tensions could dampen discretionary demand in H2.
Colored figures show movement against the previous available record.
Guidance to track
- Management expects to maintain double-digit revenue growth, with high-teens growth in Advanced Materials and mid-teens growth in garmenting.
- Input cost inflation (cotton, energy, chemicals) may reduce EBITDA margins by 1-1.5% in the first half, with recovery expected in H2 subject to easing geopolitical tensions.
- Planned capex of ₹450-500 crore for FY27, funded through internal accruals, plus additional ~₹50 crore for Dalco.
- Garmenting capacity expected to reach 60 million pieces by end of FY27, with shipping volumes above 50 million pieces.
Risks flagged
- Sharp rise in cotton, yarn, energy, and chemical costs may compress EBITDA margins by 100-150 bps in H1 FY27, with recovery uncertain.
- If oil stays above $100/barrel and Middle East conflict persists, discretionary consumption may decline, impacting H2 demand.
- Net debt nearly doubled due to the Dalco acquisition; management plans to reduce debt over 1-2 years but timeline is uncertain.
- Recent labor unrest in Noida and UP government's higher wage targets could increase costs; management says compliance is built into model.
Key quotes
- The challenge is India is a supply constraint geography. So you know people our government industry is not growing because we don't have capacities. So the moment we create capacities growth will come.
- I can see easily 1 to 1.5% of EBITDA coming off because of input costs in H1. Volume growth will be very strong but margin may come off by 1 to 1.5%.
- We are clear that we would like to bring down the debt back to where we were and at a comfortable level just that the opportunity was so compelling that we had to finance immediately with the debt.
Research modules