Arvind Q1 FY27: Volumes, Dalco-GFT, and the raw material squeeze

Consolidated revenue from operations was INR 2,501 crore, EBITDA was INR 258 crore (10.3% margin), and PAT before exceptional items was INR 80 crore.

For the consolidated period of 1.8 months (from 6 May 2026), Dalco-GFT contributed revenue of INR 157 crore and EBITDA of INR 24 crore.

Textiles reported revenue of INR 1,735 crore and EBITDA of INR 139 crore (8.0% margin). Denim and woven volumes grew 34% and 7% respectively, while garmenting crossed 11.1 million pieces.

AMB total revenue was INR 650 crore and EBITDA was INR 97 crore, implying a 15.0% EBITDA margin. AMB India delivered revenue of INR 493 crore and EBITDA of INR 74 crore.

The company guided FY27 capex of INR 450 to 500 crore, with ongoing capex programs stated to be on track.

Closing net debt increased to INR 2,158 crore (from INR 1,172 crore at 31 Mar 2026) due to additional debt taken to fund the Dalco-GFT acquisition and higher working capital.

Management said moving garmenting margins into double-digits is expected to take about 18 to 24 months because new capacity additions initially operate at lower margins during ramp-up.