Arvind Reports Double-Digit Growth in Advanced Materials Business

For FY25, Arvind plans to invest approximately Rs 4-5 billion, with a portion allocated to expanding capacity in the advanced materials division, garments, and modernising its fabric base.

Arvind, renowned for its denim and apparel brands, is set to enhance its advanced materials division by integrating innovative textile applications into sectors like defence, aerospace, and other infrastructure segments.

In FY24, Arvind consolidated all units under its advanced materials segment into a separate entity named Advanced Material. This restructuring was intended to provide a sharper focus and foster business growth. The company’s Chairman, Sanjay Lalbhai, stated in the FY24 annual report that the reorganisation aimed to address growth imperatives within the segment, capitalise on new opportunities, enhance capital efficiency, and ensure transparent progress reporting.

Lalbhai outlined the company’s future plans, which include diversifying the product portfolio, expanding capacities, exploring new geographies, and targeting new customer segments for organic growth. Additionally, the company is keen on pursuing inorganic growth strategies. The investment in the advanced material business is expected to yield double-digit growth in the company’s topline.

For FY25, Arvind plans to invest approximately Rs 4-5 billion, with a portion allocated to expanding capacity in the advanced materials division, garments, and modernising its fabric base. The advanced material segment focuses on producing human protection fabrics and garments, industrial products, advanced composites, and automotive fabrics.

In the previous fiscal year, Arvind reported a net profit of Rs 3.36 billion on a revenue of Rs 77.38 billion. While the bulk of its revenue was derived from the textile segment, which experienced a decline, the advanced materials segment, contributing over 18 per cent to the revenue, grew by more than 14 per cent. The company increased capacities in the division and ventured into new segments such as defence, creating new avenues for future growth. The annual report highlighted that human protection revenues were bolstered by higher wallet shares in key accounts and increased traction in the Middle East.