ARVINDNSEQ1 FY2427 July 2023

Arvind Limited

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rs,
ly, 2023 To, BSE Limited Listing Dept. / Dept. of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai ‐ 400 001. Security Code: 500101 Security ID: ARVIND Dear Sir/Madam, To
21%
ance was flat on a sequential basis (similar to Q4 FY23) ₹ crs YoY Sequential Revenues 1853 -21% -1% EBITDA (Without other Income) 180 -18% -5% PAT (Before exceptional items) 65 106 83 C
1%
as flat on a sequential basis (similar to Q4 FY23) ₹ crs YoY Sequential Revenues 1853 -21% -1% EBITDA (Without other Income) 180 -18% -5% PAT (Before exceptional items) 65 106 83 Closin
18%
o Q4 FY23) ₹ crs YoY Sequential Revenues 1853 -21% -1% EBITDA (Without other Income) 180 -18% -5% PAT (Before exceptional items) 65 106 83 Closing Net Debt 1301 1327 (31thMar 2023) 1810
5%
Y23) ₹ crs YoY Sequential Revenues 1853 -21% -1% EBITDA (Without other Income) 180 -18% -5% PAT (Before exceptional items) 65 106 83 Closing Net Debt 1301 1327 (31thMar 2023) 1810 (30t
40 bps
Fabric price realisation softened slightly reflecting lower RM prices; Textile margins improved by 40 bps • Compared to Q1 of fy23, revenues and operating profits were lower by 21% and 18% respectively
20%
were lower by 21% and 18% respectively – – Textiles and garment volumes were lower AMD grew by 20%+ which offset the impact of Textiles • LT debt reduced by ₹123cr (19%) in line with our stated pla
₹123
rment volumes were lower AMD grew by 20%+ which offset the impact of Textiles • LT debt reduced by ₹123cr (19%) in line with our stated plan – – LT debt stood at ₹529cr at the quarter close Overall deb
19%
lumes were lower AMD grew by 20%+ which offset the impact of Textiles • LT debt reduced by ₹123cr (19%) in line with our stated plan – – LT debt stood at ₹529cr at the quarter close Overall debt reduc
₹529
of Textiles • LT debt reduced by ₹123cr (19%) in line with our stated plan – – LT debt stood at ₹529cr at the quarter close Overall debt reduced by ₹26 Cr during the quarter 3 Consolidated P&L | ste
₹26
ine with our stated plan – – LT debt stood at ₹529cr at the quarter close Overall debt reduced by ₹26 Cr during the quarter 3 Consolidated P&L | steady performance on sequential basis Notes: • Excep
Rs. 1.04
e quarter 3 Consolidated P&L | steady performance on sequential basis Notes: • Exceptional item Rs. 1.04 is on account of recovery of Ethiopia’s bad debts 4 All figures in INR CrsQ1 FY24Q1 FY23YoY Change
Speaking time
Notes
1
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Opening remarks
Notes
• Exceptional item Rs. 1.04 is on account of recovery of Ethiopia’s bad debts 4 All figures in INR CrsQ1 FY24Q1 FY23YoY ChangeQ4 FY23QoQ ChangeRevenue from Operations1,8532,352-21%1,881-1%EBIDTA (Continuing Operations)180220-18%191-5%EBIDTA %9.7%9.4%10.1%Other Income12812Interest374038Cash Accruals (Continuing Operations)156188-17%165-6%Depreciation656266PBT9112699Tax221716PAT6510683Exceptional Item109Profit from Discountinuing Operations0-75Net Profit669897 Textile margins improved while revenue declined| AMD continued to show growth of +20% with robust margins 5 In Inr CrBusinessRevenueEBIDTA EBIDTA %ROCE %RevenueEBIDTA EBIDTA %ROCE %Textiles141814310.1%11.8%19761929.7%17.3%Advanced Material3425315.5%31.7%2793211.5%19.1%Others & Inter Segment94-4974Total185319210.4%10.4%23522299.7%13.4%Q1 FY24Q1 FY23 Textile Textile revenues remained flat on a sequential basis Textile revenues (₹ Crs) 1,976 Denim 541 Woven 717 Garments 485 Others Inter Segment 312 -79 Q1 fy23 -1% 1,432 303 668 350 14
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