Arvind Fashions Q4 FY26 Results: PAT Rs 47 Crore Versus Rs 93 Crore Loss in Q4 FY25, ROCE Hits 23.5%

The Arvind Fashions Q4 results for the quarter ended March 31, 2026, were announced on May 6, 2026, with the company reporting a quarterly net profit of Rs 47 crore (continuing operations PAT) against Rs (93) crore loss in the corresponding quarter last year. Revenue from operations for Q4 FY26 stood at Rs 1,365 crore, compared to Rs 1,189 crore in Q4 FY25. For the full year FY26, Arvind Fashions reported PAT of Rs 124 crore (continuing ops); FY26 total consolidated PAT including exceptional items varies on revenue of Rs 5,266 crore. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, have analysed the Arvind Fashions Q4 results in detail to assess the key takeaways for investors.

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Arvind Fashions Q4 FY26 Key Financial Metrics

Parameter	Q4 FY26	Comparison Period	Change
Net Profit (PAT)	Rs 47 crore (continuing operations PAT)	Rs (93) crore loss	See analysis below
Revenue / Total Income	Rs 1,365 crore	Rs 1,189 crore	See analysis below
FY26 Annual PAT	Rs 124 crore (continuing ops); FY26 total consolidated PAT including exceptional items varies	FY25 base	YoY improvement
FY26 Annual Revenue	Rs 5,266 crore	FY25 base	See analysis
Dividend	Rs 1.60 per share (final, face value Rs 4)	N/A	N/A
NSE Ticker	ARVINDFASN	Sector	Branded Apparel Retail

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Arvind Fashions Q4 Results Analysis

Brand Portfolio and Direct Channel Growth Drive Revenue and Margin Expansion

The Arvind Fashions Q4 results were powered by 14.8 percent revenue growth to Rs 1,365 crore, with like-for-like store growth of 7.8 percent in Q4 and strong expansion in direct-to-consumer channels. The company’s portfolio includes US Polo Assn., Arrow, Tommy Hilfiger, Calvin Klein, Flying Machine, and Sephora. Gross margins expanded 20 basis points to 54.1 percent, aided by higher full-price sell-through and lower retail discounting. EBITDA grew 19.2 percent to Rs 189 crore with margin at 13.9 percent. Inventory freshness was at an all-time high. ROCE hit 23.5 percent, up more than 300 basis points YoY. Net working capital days remained stable at 64 days. Jaiswal considers the gross margin expansion alongside revenue growth the most durable positive signal in the Arvind Fashions Q4 results.

Flying Machine Fully Acquired, Flying Machine Brand Now 100 Percent Owned

During FY26, Arvind Fashions acquired Flipkart’s stake in Arvind Youth Brands for Rs 135 crore to gain complete ownership of the Flying Machine brand. This gives the company full control over brand investment strategy and profitability for a high-potential youth denim brand complementing the premium positioning of Calvin Klein and Tommy Hilfiger. MD and CEO Amisha Jain described FY26 as a year of quality, consistency, and compounding strength. Track branded apparel peers on the Univest Screener.

FY26 Full Year Delivers Decisive Profitability Turnaround

For the full year FY26, Arvind Fashions reported revenue of Rs 5,266 crore up 14 percent, EBITDA of Rs 705 crore up 17 percent with margin expanding 40 basis points to 13.4 percent, and gross margin expanding 91 basis points to 54.4 percent. PAT from continuing operations grew 62 percent to Rs 139 crore from Rs 85 crore in FY25, excluding exceptional DTA impacts from Q4 FY25. Singla notes that the operating momentum in the Arvind Fashions Q4 results context is real and the company has successfully rebuilt its profitability framework under consistent management leadership.

Risks to the Arvind Fashions Investment Thesis

• High Royalty Cost Exposure: International brand licenses for US Polo Assn., Tommy Hilfiger, and Calvin Klein require ongoing royalty payments. Any increase in royalty rates could significantly impact margins.
• Consumer Discretionary Sensitivity: Branded apparel is a discretionary purchase category. Any urban consumer spending slowdown could materially impact same-store sales and overall revenue growth.
• Competition from Fast Fashion: Zara, H and M, and digital-first DTC brands compete aggressively in the premium casual segment and online channels.
• High Fixed Cost Lease Obligations: Operating hundreds of stores with fixed lease commitments creates significant downward operating leverage risk if revenue growth decelerates.

Conclusion

The The Q4 FY26 results for FY26 represent convincing evidence of a successful profitability turnaround. PAT of Rs 47 crore versus a loss of Rs 93 crore in Q4 FY25, on 14.8 percent revenue growth with EBITDA margin at 13.9 percent and ROCE at 23.5 percent, are metrics that demonstrate both growth and capital efficiency improvement. Ankit Jaiswal, Senior Research Analyst at Univest, views the consistent gross margin expansion and direct channel growth as the most durable positives in the The quarterly numbers. Kunal Singla, Associate Director at Univest, cautions that the high fixed cost structure means any consumer demand slowdown translates rapidly into PAT pressure. The most important forward variable is whether the 14 to 15 percent revenue growth trajectory is sustained in FY27 as the base effect from FY26’s strong performance becomes a higher bar to beat.

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DISCLAIMER: This article is for educational and informational purposes only and does not constitute investment advice. Univest analysts are SEBI-registered research analysts (SEBI RA: INH000012449). Investments in the securities market are subject to market risk. Consult a SEBI-registered financial advisor before making any investment decisions.

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Frequently Asked Questions on Arvind Fashions Q4 FY26 Results

What was the PAT in ARVINDFASN results FY26?

The The Q4 FY26 results for Q4 FY26 showed a net profit of Rs 47 crore (continuing operations PAT), compared to Rs (93) crore loss in the corresponding period of the previous year. Revenue for Q4 FY26 was Rs 1,365 crore. For the full year FY26, PAT stood at Rs 124 crore (continuing ops); FY26 total consolidated PAT including exceptional items varies on revenue of Rs 5,266 crore. These results were approved at the board meeting held on May 6, 2026.

What dividend was declared after The quarterly numbers FY26?

The board declared or recommended a dividend of Rs 1.60 per share (final, face value Rs 4) following the ARVINDFASN results announcement. The dividend is subject to shareholder approval unless declared as an interim dividend and reflects the company’s cash generation capacity in FY26. Investors should verify the record date and payment timeline through the company’s official stock exchange filings on NSE or BSE.

What are the key highlights of The Q4 FY26 results FY26?

The key highlights from the The quarterly numbers include: Q4 EBITDA Rs 189 crore up 19.2%; EBITDA margin 13.9%; gross margin 54.1%; LTL growth 7.8%; ROCE 23.5% up 300 bps YoY; FY26 revenue up 14%; FY26 EBITDA Rs 705 crore up 17%; Flying Machine fully acquired from Flipkart for Rs 135 crore. These metrics were confirmed through official filings on NSE and BSE and verified from sources including EquityBulls, Business Standard, and ScanX on May 6 and 7, 2026.

What are the key risks after ARVINDFASN results FY26?

Investors reviewing the The Q4 FY26 results should monitor the risks specific to Arvind Fashions’s business model in the Branded Apparel Retail sector. These include macroeconomic sensitivity, sector-specific cyclicality, competitive pressures, and any company-specific operational risks outlined in the analysis above. Always consult a SEBI-registered financial advisor before making any investment decision based on quarterly results.

Where can I track Arvind Fashions live stock price and analyst data after Q4 results?

Track Arvind Fashions (NSE: ARVINDFASN) live price, FII and DII flows, analyst estimates, and peer comparisons on the Univest Screener. For deeper research reports and investment recommendations following the The quarterly numbers, subscribe to Univest Pro at univest.in. Download the Univest Android App or Univest iOS App for live alerts on this stock.

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