Want to see IN:AARNAV full AI Analyst Report?
Top Page
Aarnav Fashions Ltd.
(AARNAV)
Select Model
Select Model
Rating:61Neutral
Price Target:
₹38.00
Action:N/A
Date:10/02/26
The score is held back primarily by inconsistent cash generation, including negative free cash flow in 2026 despite positive earnings, and generally thin profitability. Offsetting this, the stock’s technical setup is strong with price above key moving averages and positive momentum indicators. Valuation is reasonable at a mid-range P/E, but there is no dividend yield data to add support.
Positive Factors
Improving Revenue Growth
The return to stronger annual revenue growth indicates improving business activity after a weaker period. If sustained, higher sales can broaden the earnings base, support operating leverage, and provide greater capacity to reinvest in the business over the next several quarters.
Negative Factors
Weak and Volatile Cash Generation
Negative free cash flow despite reported earnings raises concerns about earnings quality, working-capital volatility, and cash needs. A reversal from generally positive free cash flow in 2022–2025 could limit internally funded growth and reduce resilience if the pattern persists.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving Revenue Growth
The return to stronger annual revenue growth indicates improving business activity after a weaker period. If sustained, higher sales can broaden the earnings base, support operating leverage, and provide greater capacity to reinvest in the business over the next several quarters.
Read all positive factors
Aarnav Fashions Ltd. (AARNAV) vs. iShares MSCI India ETF (INDA)
Market Cap
₹1.52B
Dividend Yield1.79%
Average Volume (3M)5.75K
Price to Earnings (P/E)16.4
Beta (1Y)0.42
Revenue Growth16.47%
EPS Growth-2.22%
CountryIN
Employees167
SectorGeneral
Sector StrengthN/A
IndustryInvestment - Banking & Investment Services
Share Statistics
EPS (TTM)2.17
Shares Outstanding42,238,630
10 Day Avg. Volume4,019
30 Day Avg. Volume5,750
Financial Highlights & Ratios
PEG Ratio7.13
Price to Book (P/B)0.47
Price to Sales (P/S)0.20
P/FCF Ratio-16.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Aarnav Fashions Ltd. Business Overview & Revenue Model
Company Description
Aarnav Fashions Limited engages in the manufacture and trade of textiles in India and internationally. The company provides shirting, suiting, quilts, dohars, bed and fitted sheets, and duvet cover textiles, as well as kid's and women's wears. It ...
Aarnav Fashions Ltd. Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
67
Positive
Cash Flow
41
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.52B | 4.62B | 3.79B | 3.56B | 3.94B | 4.19B |
| Gross Profit | 969.33M | 976.74M | 1.19B | 1.14B | 333.87M | 353.91M |
| EBITDA | 303.83M | 307.40M | 304.67M | 274.39M | 190.31M | 315.05M |
| Net Income | 91.38M | 93.46M | 92.39M | 56.17M | 3.81M | 93.16M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 3.98B | 3.78B | 3.91B | 4.19B | 4.86B |
| Cash, Cash Equivalents and Short-Term Investments | 226.61M | 226.61M | 179.10M | 171.55M | 167.15M | 181.26M |
| Total Debt | 0.00 | 1.09B | 995.45M | 1.09B | 1.27B | 1.53B |
| Total Liabilities | -1.97B | 2.01B | 1.91B | 2.12B | 2.46B | 3.13B |
| Stockholders Equity | 1.97B | 1.97B | 1.86B | 1.79B | 1.73B | 1.73B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -54.43M | 224.98M | 193.48M | 408.27M | 150.51M |
| Operating Cash Flow | 0.00 | 97.80M | 250.41M | 228.30M | 440.15M | 152.86M |
| Investing Cash Flow | 0.00 | -158.84M | -29.19M | -47.96M | -33.71M | -5.15M |
| Financing Cash Flow | 0.00 | 99.38M | -221.39M | -179.96M | -423.00M | -131.89M |
Aarnav Fashions Ltd. Technical Analysis
Positive
―
Price Trends
32.27
Positive
28.64
Positive
27.67
Positive
Market Momentum
1.07
Negative
60.93
Neutral
87.48
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AARNAV, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 32.81, equal to the 50-day MA of 32.27, and equal to the 200-day MA of 27.67, indicating a bullish trend. The MACD of 1.07 indicates Negative momentum. The RSI at 60.93 is Neutral, neither overbought nor oversold. The STOCH value of 87.48 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:AARNAV.
Aarnav Fashions Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
IN:AARNAV
Aarnav Fashions Ltd.
36.00
-0.33
-0.91%
IN:WINSOME
Winsome Yarns Ltd
2.34
-647.66
-99.64%
IN:BONLON
Bonlon Industries Ltd
41.40
1.27
3.16%
IN:SINGERIND
Singer India Limited
74.67
-13.92
-15.72%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.