Multibagger: Textile Maker Arvind Sees Staggering 1000% Jump In Five Years — Buy, Sell Or Hold?
Seven analysts tracking the stock have a 'buy' rating on the stock, indicating a pretty bullish outlook.
Shares of textile manufacturer Arvind Ltd. have been on a roll, with the stock being a standout multibagger, scoring nearly 1,000% returns in the last five years. The Ahmedabad-based company has seen a stellar run since listing on the bourses in 1995.
Arvind's share price has risen 929% since June 2020 from near Rs 33 apiece to Rs 355. The stock hit a high of Rs 450 on Dec. 17, 2024. The scrip has fallen 0.82% in the last 12 months and 14% so far this year.
Domestic mutual funds own a 17.83% stake of the total equity, while promoters of the company and promoter groups collectively net a 39.58% portion of total shares.
Arvind Financial Performance
The textile manufacturer's revenue has increased from Rs 7,593.9 crore in the financial year 2022 to Rs 8,328.8 crore in fiscal 2025. Net profit of the company stood at Rs 353.4 crore in the last fiscal, as compared to Rs 270 crore three fiscals ago.
On the operating side, the company's earnings before interest, taxes, depreciation and amortisation rose to Rs 853.4 crore in fiscal 2025 from Rs 757 crore in fiscal 2022. Margins for the period expanded 60 basis points to 4.2% from 3.6%.
Analyst Recommendation
Seven analysts tracking the counter maintain a 'buy' call, according to Bloomberg, indicating a pretty bullish outlook. The average of 12-month analyst price target of Rs 450.83 implies a potential upside of 27.1%.
Elara Capital set the highest target price on the counter for the next 12 months, at Rs 471 apiece. Antique Stock Broking comes in as a close second, at Rs 470. Equirus Securities has a similar target price of Rs 464 per equity share.
