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Arvind Fashions Ltd Q4 FY22 Earnings Concall Insights

#ARVINDFASN #ARVINDFASNQ4 #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #StockToWatch #finance #stockmarket #markets
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Despite two COVID waves, AFL grew revenues 32%, and reduced net debt by more than INR525 crores in the year. Expects retail and online channels to continue to drive growth and account for 60% to 65% of overall sales.

Q&A Insights: Nishit Rathi of CWC asked if US Polo, Tommy, Arrow, and Flying Machine, those will reach double-digit. Shailesh Chaturvedi MD said AFL’s guidance is that it should hit total portfolio double-digit pre-IndAS EBITDA in 12 to 18 months.

Q&A Insights: Pritesh Chheda of Lucky Investment asked if there a possibility of a debt-free balance sheet. Chaturvedi MD said in FY23, sees possibility of further net debt reduction, but is uncertain due to market volatility. Commitment is to reduce the debt as fast as possible.

Q&A Insights: Pritesh Chheda with Lucky Investment asled about capex outlook. Shailesh Chaturvedi MD answered that the company will renovate a lot of department stores. AFL added that it does not have a major capacity expansion of factory or any new strong technology.

Q&A Insights: Vaishnavi Mandhaniya of @rathi_online asked about working capital going forward. Shailesh Chaturvedi MD answered that it believes working capital will remain tight and in the zone that it is in today.

Q&A Insights: Mythili Balakrishnan of Alchemy Capital asked if opening of 200 plus stores will largely be EVO. Shailesh Chaturvedi MD said that teams are now in the field who are scouting for stores, which will be individual brand, like an Arrow store or a Flying Machine store.

Q&A Insights: Sagar B of @PLIndiaOnline asked about management's outlook on the online front for next 2 years. Shailesh C MD said online has become close to 25% of AFLs revenue mix profitably. And added that it’s investing a lot in the online business to grow it at a healthy pace

To read further on the detailed analysis of #ARVINDFASN #Q4 concall Q&A …

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