News ArticleArvind Limited Posts Record Q2 FY27 Revenue of ₹2919 Crore and EBITDA of ₹331 Crore with Strong Advanced Material Business Performance
Advanced Material Business grows revenue 23% with 14% margin; greenfield garmenting facility in Varanasi commissioned; credit rating upgraded to 'AA' with stable outlook
Arvind Limited announced a 23% year-on-year increase in consolidated revenue to ₹2919 crore and a 27% rise in EBITDA to ₹331 crore for Q2 FY27, driven by strong growth in its Advanced Material Business and new garment manufacturing capacity, while facing input cost pressures.
Arvind Limited
Financial Results
Arvind Limited reported consolidated revenue of ₹2919 crore for the second quarter ended September 30, 2026, marking a 23% increase year-on-year, alongside a 27% rise in EBITDA to ₹331 crore, supported by robust growth in its Advanced Material Business and the start of operations at its new garmenting facility in Varanasi.
During Q2 FY27, Arvind's Advanced Material Business (AMB) in India grew revenue by 23% to ₹550 crore with EBITDA of ₹78 crore, maintaining a 14% margin.
The textile division recorded revenue of ₹1999 crore, up 11%, and an EBITDA of ₹190 crore, despite margin pressure from rising input costs.
Garmenting division revenues reached ₹577 crore, supported by a 9% increase in volumes, aided by the commissioning of the greenfield garmenting facility in Varanasi, expected to add ₹250 crore in revenue at full capacity.
Denim fabric volumes grew 19% to over 18 million meters, with woven fabric volumes at 34 million meters; garmenting volumes registered 11 million pieces, a 3% increase year-on-year.
Dalco-GFT contributed ₹256 crore in revenue and ₹41 crore in EBITDA with a 16% margin during the quarter; excluding Dalco-GFT, consolidated revenue and EBITDA increased by 12% and 11% respectively versus last year’s quarter.
Highlights
- Consolidated Q2 FY27 revenue at ₹2919 crore, up 23% YoY, and EBITDA ₹331 crore, up 27% YoY.
- Advanced Material Business revenue grew 81% to ₹805 crore with EBITDA increasing 97% to ₹119 crore.
- Textile division revenue rose 11% to ₹1999 crore with margin pressure from input cost inflation.
- Greenfield garmenting facility in Varanasi commissioned, expected to contribute ₹250 crore revenue at full utilization.
- Arvind’s credit rating upgraded by CARE from 'AA-' to 'AA' with stable outlook.
- Denim fabric volumes increased 19% YoY to 18 million meters; garmenting volumes increased 3% YoY to 11 million pieces.
Key Data Snapshot
What happened
- Arvind Limited announced its unaudited standalone and consolidated financial results for Q2 and H1 FY27, reflecting strong financial performance.
- Consolidated revenue reached ₹2919 crore in Q2 FY27, a 23% increase over Q2 FY26.
- EBITDA rose 27% year-on-year to ₹331 crore, with a margin increase to 11.4%.
Financial performance
- Advanced Material Business revenue was ₹805 crore, up 81% year-on-year, contributing 28% of consolidated revenue.
- AMB India revenue grew 23% to ₹550 crore with EBITDA margin of 14%.
- Textile division revenue increased by 11% to ₹1999 crore, with margin reduction due to input cost inflation.
- Garmenting division reported ₹577 crore revenue, supported by 9% volume growth.
- Consolidated PAT for Q2 FY27 was ₹123 crore, a 16% increase versus the prior year period.
Operational performance
- Denim fabric volumes grew 19% to 18 million meters.
- Woven fabric volumes stood at 34 million meters.
- Garmenting volumes increased 3% to 11 million pieces.
- Greenfield garment manufacturing facility in Varanasi was commissioned to support future growth, anticipated to add ₹250 crore revenue at full utilization.
- European presence established with denim design and marketing hub in Amsterdam to strengthen customer engagement.
Funding and capital details
- The company incurred ₹372 crore in capital expenditure during the first half of FY27.
- All ongoing capex programs are on track and expected to exceed ₹500 crore for the full fiscal year.
- CARE Ratings upgraded Arvind Limited's credit rating from 'AA-' to 'AA' with a stable outlook.
Next milestones
- Raw material cost inflation is expected to continue impacting margins in Q3 FY27.
- AMB India business aims for approximately 18% revenue and EBITDA growth in the next quarter, maintaining 14-15% margin.
- Textile segment anticipates early double-digit revenue growth with margins anticipated to remain flat due to cost pressures.
- Dalco integration continues with capex advanced to target 15-16% margins.
Highlights
- Consolidated Q2 FY27 revenue at ₹2919 crore, up 23% YoY, and EBITDA ₹331 crore, up 27% YoY.
- Advanced Material Business revenue grew 81% to ₹805 crore with EBITDA increasing 97% to ₹119 crore.
- Textile division revenue rose 11% to ₹1999 crore with margin pressure from input cost inflation.
- Greenfield garmenting facility in Varanasi commissioned, expected to contribute ₹250 crore revenue at full utilization.
- Arvind’s credit rating upgraded by CARE from 'AA-' to 'AA' with stable outlook.
- Denim fabric volumes increased 19% YoY to 18 million meters; garmenting volumes increased 3% YoY to 11 million pieces.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
More News on Financial Results
View allLatest corporate announcements and market updates in Financial Results.
Welspun Corp Reports Q2 FY2027 Financials and Approves $115M US Capacity Expansion and $125M Jordan JV
Welspun Corp Limited announced its unaudited financial results for the quarter and half year ended September 30, 2026, approved a $115 million capital expenditure to expand its US HSAW spiral pipe facility by 225 KMTPA, and sanctioned a $125 million joint venture with Perma-Pipe to establish spiral pipe manufacturing and coating facilities in Jordan.
Read Full Story
Ambuja Cements Acquires 26% Equity Stake in SWE Renewables and Reports Q2 FY2027 Financials
Ambuja Cements Limited has acquired a 26% stake in renewable energy firm SWE Renewables Limited and announced its unaudited financial results for the quarter and half year ended September 30, 2026, showing a profit after tax of ₹618 crore for the half year.
Read Full Story
Asian Paints Declares Rs. 5.75 Interim Dividend Alongside Q2 and H1 FY 2027 Financial Results
Asian Paints Limited announced its audited standalone and unaudited consolidated financial results for the quarter and half year ended 30th September 2026. The company also declared an interim dividend of Rs. 5.75 per equity share for the financial year ending 31st March 2027.
Read Full Story
