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Arvind Q1 review: Textile disappoints; branded apparel, engineering grow

Image 5a The manufacturing operations, however, will be predominantly outsourced to keep the business model asset-light. Furthermore, after this segment is listed as a separate entity (Arvind Fashions), product offerings will be extended to cover categories such as footwear (3 brands already in the kitty) and customised premium clothing under the ‘Creyate’ brand. This http://www.labtest.co.th/product/dynawash/ segment designs and manufactures critical process equipment (heat exchangers, pressure vessels, reactors, columns/towers, centrifuges, etc) for businesses operating in domains such as petrochemicals, fertilizers, and power, among others. Anup Engineering is the third largest heavy fabrication player in India. To capitalise on the historically witnessed steady growth momentum (sales CAGR of 25 percent in FY13-18, margins of about 30 percent, return on capital employed of roughly 40 percent), Anup Engineering, an entity with a cash positive balance sheet, aims to explore opportunities in global markets. The management targets to reach the Rs 1,000 crore revenue mark over the next 5-7 years. This segment’s revenue grew 10 percent YoY in Q1 FY19. Arvind’s management anticipates sales to grow by at least 20 percent every year and also foresees margins improving through operational efficiencies. Through continued investments at periodic intervals, the intent http://www.labtest.co.th/product/verivide/ is to achieve a top-line of Rs 100 crore by FY20 end.

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