Arvind Ltd
NSE: ARVIND BSE: 500101
₹511.55
(0.41%)
Mon, 12 Oct 2026, 10:31 pm
Market Cap (in Cr)13850.95
PE Ratio32.39
Dividend0.88
Process Industries
Textiles
24.5KCompany History
1931
- Incorporated December 12 in Ahmedabad.
- Manufactures cotton textiles: dhoties, sarees, mulls, dorias, crepes, shirtings, coatings, printed lawns, voiles, cambrics, twills, gaberdine; counts 20s-120s, widths 28-54 inches.
1962
- Agreement with Tootal Broadhurst Lee Co. Ltd. Manchester for crease-resistant fabric know-how (Tebilised Double Tested).
1979
- Ahmedabad Laxmi Cotton Mills amalgamated in April.
1981
- Agreement with Gaskiya Textile Mills Nigeria for 5-year technical/managerial services (23,976 spindles, 174 looms).
1983
- Adds 865 KVA generating set; orders 1100 KVA set.
- Starts services to Gaskiya Textile Mills Nigeria from May.
1987
- Modernises to triple denim production, add double yarn export fabrics.
- High Court cancels preference shares, issues debentures (Rs 4.81 lakhs 13% NCD, Rs 13.13 lakhs 12.5% NCD).
1988
- Identifies new products: blue denim, two-ply exports, butta sarees, voiles, dhoties.
- Enters telecommunication and consumer electronics.
- Agreement with NCL for EPABX marketing.
- Expands denim to 60,000 m/day as Arvind Exports EOU.
- Proposes VHS tapes, leather cloth, woollen yarn/suitings, garments.
- Issues 28,00,000 equity shares rights/employees/private.
1989
- Agreement with Victor Company of Japan for video cassettes.
- Issues 5,00,000 14% secured NCD rights/private.
- Issues 14,43,750 12.5% fully convertible debentures rights/employees/preferential/public.
1990
- Electronics Division develops 8040 EPABX system.
- Takes over Nagri Mills management from October.
- Proposes modernisation of 36,960 spindles and 23,000 m/day denim plant.
- Consents as promoter of Asoka Mills per BIFR scheme.
1991
- Proposes new composite mill: 25,000 spindles, 60 airjet looms.
- Issues 65,44,384 12.5% partly convertible debentures rights/employees.
1992
- Increases denim production by 23,000 tonnes/day via Khatraj modernisation.
- IFC approves US$18M investment: US$9M loan, 42,50,000 equity shares.
- Issues 40,32,976 zero interest fully convertible debentures rights/employees.
1993
- Proposes denim expansion by 85M m/annum; new shirting mill 120 lakh m/annum.
- Agreement with Lanffenmuhle Germany for denim know-how.
- Issues 4,03,298 zero interest fully convertible debentures private placement.
- Issues 1,27,81,186 equity shares as GDRs worth US$125M.
1994
- Divides operations into Textile, Telecom, Garments divisions.
- Textile upgrades for international products; Telecom offers C-DO RAX; Garments markets Flying Machine, proposes Newport.
- Proposes amalgamation of Calico with Arvind Mills.
1995
- Textile division affected by cotton cost rise.
- Garments launches Ruf & Tuf ready-to-stitch jeans.
- Proposes denim expansion to 1200 lakh m/annum; 3600 t/annum knits with Alamac.
- BIFR sanctions Asoka Mills amalgamation effective April 1994.
- Issues 3,68,284 equity shares to Asoka Mills shareholders.
1996
- Prepares scheme to revive Nagri Mills via creditor arrangement.
- Rohit Mills merges per BIFR; considers Arvind Intex merger.
- Lists subsidiaries: Arvind Clothing Ltd., Arvind Fashions Ltd., others.
- Sets up Arvind Cotspin Ltd. EOU for cotton yarn at Kolhapur.
- Issues 6,91,510 shares to Rohit Mills members on merger.
1997
- Strengthens Newport marketing; relaunches Flying Machine/Ruggers.
- Fire in Naroda Road goods godown and packing department.
- Allots 38,50,000 redeemable preference shares to institutions.
- Sets up anti-piracy cell for Ruf & Tuf and Newport.
- Introduces Speed Wash denim with Virkler.
- Adopts franchisee system for Ruf & Tuf jeans.
- Rules out merger with Arvind Polycot.
- Arvind Fashions doubles Lee jeans capacity to 1M pairs.
- Launches wrinkle-free Arrow shirts.
- Plans $300M facility for shirting, knit, bottom-weight fabrics.
- Agreement with WestPoint Stevens for technical and marketing assistance.
- Launches Rugger casualwear and Newport gaberdine jeans.
- Technical collaboration with Alamac Knits for knits unit.
1998
- Emerges as world's third largest denim manufacturer.
- Restores Naroda Road denim production after January fire.
- Plans youth/kids Lee and kids Ruggers garment ranges.
- Implements SAP R/3 in new units in 7 months.
- Operates Arrow and Lee brands via subsidiaries.
1999
- Plans to spin off garments business, seeks private equity.
- Arrow trademark extended 5 years with Clue Peabody.
- Sets 2-month deadline for garments hive-off and Delhi real estate sale.
2000
- Crisil downgrades debentures indicating default.
- Arvind Cloth launches special Arrow shirts for 150th anniversary.
2001
- Proposes debt restructuring for $125M floating rate notes.
- Shareholders approve Rs 75.41 crore rights issue and warrants to lenders.
- Accredited by Dupont for Lycra Assured Programme.
- Posts Q2 net loss of Rs 44.59 crore.
2002
- Appoints Balaji Swaminathan and S. Sridhar as Nominee Directors.
- Board resignations: Dr Prabodh M Desai, J C Shah, Shailen H Desai, J P Shah, V L Mote, Naishadh I Parikh.
- Board appointments: Jayesh K Shah, Deepak M Satwalekar, Rama Bijapurkar, Jaitirth Rao.
- Arvind N Lalbhai resigns as MD, remains Chairman.
- Jayesh K Shah appointed Wholetime Director and CFO.
2003
- Q4 net profit grows 280% to Rs 38 crore.
- Crisil assigns 'P1+' rating for commercial paper.
- Government denies tax concession for JV with Ganesh Ltd.
- ICICI Bank converts warrants to equity.
- Trading suspended in N3 debentures.
- Appoints Ramnik V Bhimani as Compliance Officer.
- ICICI Emerging Sector acquires 54% in Arvind Brands.
- Acquires 1.56% stake in Arvind Products Ltd.
2004
- Delisted from Delhi Stock Exchange effective September 2.
2007
- Appoints G M Yadwadkar as Nominee Director replacing V K Pandit.
2008
- Changes name from Arvind Mills Ltd to Arvind Ltd.
- Trading symbol changes to ARVIND effective July 7.
2010
- Appoints Dr. Bakul H. Dholakia as Additional Director.
2011
- Ties up with Birla Cellulose.
- Partners with Tata Housing.
- Tommy Hilfiger acquires direct interest in India business.
- Inks JV with PD Fiber Glass.
2012
- Acquires Debenhams, Nautica, and Next businesses in India.
- Brings Billabong surfwear brand to India.
2013
- Arvind Lifestyle Brands licenses Ed Hardy with Reliance Brands and Iconix JV.
- Licenses Hanes and Wonderbra trademarks in India; acquires Hanes Brands India operations.
2014
- Ties up with The Children's Place.
- Forms JV with PVH Corp. for Calvin Klein in India.
- Launches e-commerce custom clothing brand Creyate.
- Ties up with Gap for India entry.
- Arvind Goodhill launches formal suits.
- Opens flagship Arvind Store in Vadodara.
2015
- Partners with Sephora to enter beauty and cosmetics.
- Receives national energy conservation award.
2016
- Launches NNNow.com, India's first True Omni Channel Experience.
2017
- Signs MoU with KVIC for khadi certification.
- Signs MoU with Gujarat government for Rs 300 crore mega apparel park in Dahegam.
2018
- Invests Rs 350 crore in Gujarat manufacturing hub with three garment facilities.
2019
- Plans 30% carbon emission reduction via rooftop solar and biomass shift.
2020
- Plans first-of-its-kind mega apparel facility in Gujarat.
- Receives top rank award in Conservation and Efficiency.
- Launches Primante.
