basic information on arvind mills limited.
the information which is used is collected by google.
this is education based research.
use only for education bases.
1. Chapter- 2 companyprofile
1. Name and the locationof the company:- ARVINDFASHIN POSSIBILITIES
Location:- headquarters are in Naroda, Ahmedabad,
2. Year of establishment:- the companywasestablishedinthe year1931
3. Brief history:-
1931
Arvind Limited is set up by three brothers Kasturbhai, Narottambhai and Chimanbhai Lalbhai
with a share capital of Rs 2,525,000 (US$55,000) backed by state-of-the-art technology, with
the aim to produce high-end superfine fabric.
1934
With sales reaching Rs 45.76 Lakhs, and a profit of almost Rs 3 Lakhs, Arvind establishes
itself amongst the foremost textile units in the country.
1986
- An uninterrupted record of not missing out on paying dividend to its shareholders.
- An established leader in fine & superfine cotton fabrics for Indian market.
1986
Renovision: First company to bring globally accepted fabrics Denim, yarn dyed shirting
fabrics & wrinkle free gaberdines to India.
1987
- The largest zero discharge green effluent treatment plant in India.
- Commitment to greener world
1987
- First company to bring International shirt brand “Arrow” to India
- First Company to start dedicated “retail” outlets for Arrow brand.
- Awarded various awards for highest exports and ISO
1989
- Largest denim & shirting in South Asia.
- 3rd largest denim capacity in the world
2. 1997
First Indian company to verticalise the cotton textile business from cotton fields to apparel
retailing.
1997-1998
First company to introduce ERP SAP business solutions
2008
Company launches 'Megamart', now India's largest value apparel-retail chain
Largest portfolio of International brands: Lee, Wrangler, Nautica, Jansport, Kipling, Tommy,
Arrow, US Polo, Izod, Pierre Cardin, Palm Beach, Cherokee, hart Schaffner Marx
4. Name of founderandpromoter :- (i) founder:- Kasturbhai lalbhai ,(ii) Narottambhai lalbhai,
(iii)chimanbhai lalbhai
5. Visionstatement:- we believe todelivereverywordwe said“we are committedand
dedicatedtodeliverthe bestservicestoall of ourprestigiousclients.
6. Missionstatement:- the underlyingthemerunningacrossthe broadspectrumof all
businessactivitiesatArvindisthatof enhancinglifestlyesof people,acrossall diversitiesand
demographics.
7. Organizational structure :-
3. 8. SWOT analysis
a. Strengths
One of the largest manufacturers of Denims in India and the world
2. Strong portfolio of domestic and International brands
3. Economies of scale through complete integration
4. Arvind runs India's largest Value Retail Chain - Megamart with over 200 stores
5. Latest Manufacturing tools in production of denims and clothing
6. Over 26000 employees form the workforce for Arvind Mills
7. CSR activities like education (Sharda Trust), upgrading slums etc have
enhance brand image
b. Weaknesses
Global penetration is limited as compared to a few other international
brands
2. Presence of Indian and international brands offers more offering to
customers therefore high brand switching
c. Opportunities
Growth in the garment industry
2.Rapid growth in target group as well as higher incomes
3. Global expansion and reach of brands to increase sales
d. Threats
1. increasing competition from Indian as well as international brands
2. Cheaper imports from other countries, and pirated/fake products
4. Chapter 3 financial department
1. Profit and Loss account
INCOME
REVENUE FROM
OPERATIONS [GROSS]
5,072.98 7,084.03 6,924.44 10,407.24 8,917.25
Less: Excise/Sevice Tax/Other
Levies
0.00 0.00 0.00 4.86 36.42
REVENUE FROM
OPERATIONS [NET]
5,072.98 7,084.03 6,924.44 10,402.38 8,880.83
TOTAL OPERATING
REVENUES
5,072.98 7,369.00 7,142.18 10,821.27 9,221.27
Other Income 51.59 55.24 83.74 62.62 81.69
TOTAL REVENUE 5,124.57 7,424.24 7,225.92 10,883.89 9,302.96
EXPENSES
Cost Of Materials Consumed 2,088.82 3,300.46 2,914.60 2,795.79 2,557.43
Operating And Direct Expenses 0.00 73.84 102.63 14.24 12.87
Employee Benefit Expenses 696.51 942.24 899.92 1,264.74 1,095.78
Finance Costs 224.51 236.89 220.14 257.85 288.34
Depreciation And Amortisation
Expenses
285.15 290.45 235.05 359.34 294.27
Other Expenses 1,391.59 1,924.71 2,162.24 3,317.81 2,969.96
5. TOTAL EXPENSES 5,120.03 7,203.95 6,880.68 10,473.50 8,867.07
PROFIT/LOSS BEFORE
EXCEPTIONAL,
EXTRAORDINARY ITEMS AND
TAX
4.54 220.29 345.24 410.39 435.89
Exceptional Items -35.89 -50.21 -45.98 -22.72 -18.06
PROFIT/LOSS BEFORE TAX -31.35 170.08 299.26 387.67 417.83
TAX EXPENSES-CONTINUED
OPERATIONS
Current Tax -3.52 64.67 82.09 123.27 70.08
Less: MAT Credit Entitlement 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 -0.99 -52.72 -50.50 28.19
Other Direct Taxes 0.00 0.00 0.00 0.00 0.00
TOTAL TAX EXPENSES -3.52 75.69 61.54 74.57 98.89
PROFIT/LOSS AFTER TAX
AND BEFORE
EXTRAORDINARY ITEMS
-27.83 94.39 237.72 313.10 318.94
PROFIT/LOSS FROM
CONTINUING OPERATIONS
-27.83 94.39 237.72 313.10 318.94
PROFIT/LOSS FOR THE
PERIOD
-27.83 94.39 227.40 313.10 318.94
Minority Interest 10.87 3.55 -2.18 -6.34 -6.22
CONSOLIDATED
PROFIT/LOSS AFTER MI AND
ASSOCIATES
-16.52 95.65 226.23 309.47 314.63
OTHER ADDITIONAL
INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.) -1.00 4.00 9.00 12.00 12.00
9. One of the fundamental values that are embedded into the very DNA of Arvind
Limited is the belief that only in a healthy society can healthy businesses flourish
and to ensure this, businesses must positively impact society.
The Founders were instrumental in setting up pioneering institutions for sustaining and
improving Educational, Social, Cultural and Religious conditions in Ahmedabad – the
primary center of the Company’s businesses. Ahmedabad Education Society, Indian
Institute of Management – Ahmedabad, Center for Environmental Planning and Technology,
H L College of Commerce and Lalbhai Dalpatbhai Institute of Indology are examples of some
of the institutions they set up.
Thus, Arvind has been supporting initiatives of educational, social and cultural renewal
much before the term ‘CSR’ – Corporate Social Responsibility – was coined.
Arvind’s CSR activities so far have been carried out through SHARDA Trust and NLRDF
working urban and rural settings respectively. Arvind Foundation – a recently set up
section 8 company will now lead company’s CSR initiatives.
Our energies are focused on four distinct development segments
Education
Empowering Tribal Women
Health
Slum
Rehabilitation
5. Doesit isa listedcompany:- Yes itis a listedcompanyunder:-
(i) Bombaystock exchange (BSE)
(ii) National stockexchange (NSE)
10. Chapter- 4 MarketingDepartment
1. List of productand services:-
Denim
There are many delightful features of Arvind denim: An annual capacity of 110
million meters; the position of 3rd largest producer of denim in the world; and an
export network of 70 countries worldwide. Prominent products in this category
include ring denim, indigo voiles, organic denim, bi-stretch denim and fair trade
certified denim. This is apart from regular light, medium and heavy weight denims.
They come in various shades of indigo, sulphur, yarn-dyeds, in 100% cotton and
various blends.
The facilities of Arvind Denim are accredited with ISO 9001, ISO 14001, OEKOTEX
100, GOTS, Organic exchange standard, FLO for fair trade and Lycra Assured. As
one of the largest denim producers in the world, Arvind caters to quality markets of
Europe, US, West Asia, the Far East and the Asia Pacific.
Shirting
It is one of the most well-known products of Arvind Group, selling at a premium in the
international market. It has an astonishing annual capacity of 34 million meters. Prominent
11. products within this category include fabrics with non-iron properties, mechanical finishes,
printed fabrics apart from the cotton and cotton blends in Linen, Lycra, Polyester, Modal,
Silk etc. with varieties in yarn dyeds and solids.
Further, Arvind has a unique plant for manufacturing very light weight indigo dyed
fabrics in yarn dyed and solids for top weights. Arvind Shirting has a liquid ammonia
based fabric processing plant and a state-of-the-art print house – a first for India and
one of the few in Asia.
Backed by the latest technology and state-of-the-art equipment, every stage of the
production process, right from spinning of the yarn to final processing and testing of
the fabric, ensures that stringent quality standards are met and products remain eco-
friendly.
Khaki
The many virtues of Arvind Khaki merit your undivided attention: An annual capacity
of 21 million meters which facilitates the launch of two new collections annually; and
the distinction of being the only khakis division in South East Asia to do so.
The division provides the finest fabrics in the variants of 100% Cotton, Cotton Rich
Polyester Blend, Cotton Lycra, Cotton Tencel, Cotton Linen, etc to name a few. The
division has an integrated plant with weaving and processing facilities. The most
prominent products in this range include Chinos, Canvas, Ribstop, HBT, Tussore,
Cavalry, Structures and Dobbies.
12. Knits
Arvind’s knits department has an annual knitting capacity of 10,000 tons. Apart from
the basic knitting capabilities (jersey, pique, rib, and interlock), Arvind has mastered
specialty knitting techniques such as yarn-dyed autostripers, jacquards, and stretch
fabric. The knits vertical has a fabric dyeing capacity of 6500 tons per annum and
yarn dyeing capacity of 3500 tons per annum. It has the ability to process both tubular
and open-width fabric and offer specialty finishes like mercerization, singing and
various forms of brushing and peaching. The department also boasts of a state-of- the
art print shop equipped with fully automatic placement printing capabilities.
Voiles
Arvind is the uncontested market-leader in the manufacture of voiles, with a
production capacity of 33 million meters per annum. Arvind’s voiles are primarily
used as blouse material and are sold in the domestic market through an impressive
network of 150 dealers, reaching over 5000 retail outlets throughout India. High
quality Swiss voiles are exported to Switzerland, Sri Lanka and countries in the
Middle East.
14. 5. Market segment,6. Targeting, 7. Positioningstrategy
9. Promotional tools:- Arvind Mills uses all types of media channels to promote itself as
well as its brands. The company has used media channels like TVCs, print ads, online
ads etc. The clothing and apparel brand also advertises through OOH as well as
hoardings at important locations in prominent cities. Arvind Mills promoted itself
with famous film celebrity brand ambassadors for its sub-brands Ruf-n-Tuf, NewPort
and Flying Machine respectively. The brand has also organized several fashion events
showing its product offerings. Also, it does a lot of CSR activities like Sharda Trust
for the poor, hence enhancing their brand image. Hence this completes the marketing
mix of Arvind Mills
10.Pricing method:- Arvind Mills offers high quality products but keeps its products
affordable and competitive.
Some of its products are slightly highly priced as compared to other brands. But
products from Arvind Mills are priced lesser than global premium brands offering
similar products like denims and jeans. The pricing strategy in its marketing mix
focuses on offering competitive rates vis-à-vis competitors. This can be attributed to
the fact that is has associations with multiple international brands, thereby incurring
additional cost. Also, many of the products are sold at a reasonable rate by
economies of scale.
Segmentation:-
•Cotton segment
•Natural fabrics
•Denims
Targeting:-
•Global customer
•International
market
Positioning:-
•High – quality
producer
•Premium
products
16. Chapter5 HumanResourcesmanagement:
1. Recruitmentandselectionprocess:- Apply online for Arvind Mills
recruitment drive 2018-2019 for freshers. Arvind Mills job
openings in India for the vacancies of entry level engineers and
IT internship jobs. Interested and eligible candidates can apply
online for Arvind Mills careers in India through registration link
provided below.
Aspirants should practice Arvind Mills placement papers to crack Arvind
Mills written exam or Arvind Mills online test. Before starting your preparation
you should always check latest Arvind Mills test pattern and syllabus. So that
you can clear the exam and interview easily. In this section, we update latest
jobs in Arvind Mills.
Aspirants who had the passion for working in Arvind Mills as an Entry Level
Engineer here is the good news. To secure this opportunity candidates can
participate in the recruitment process which will be conducted by the company
officials. This company is currently conducting the interviews for both
Graduates and Post Graduates across the India. Candidate can choose the
interview location according to their convenience. Candidates will be chosen
for the vacancy only after reviewing their performance shown during the
written exam and personal interview which will be decided by the Arvind Mills.
Arvind Mills Recruitment Details
Company Name Arvind Mills
17. Website www.arvind.com
Experience Required Freshers
Qualification Any Graduate / Any Post Graduate
Work Location Across India
Job Description Entry Level Engineer
Type of Industry Conglomerate
Salary Offered Best in Market
2. Numberof employees:- there are total 25,620 employees working in Arvind mills
limited .
3. Trainingmethodology:-
4. Employeessafety:-
5. Average wagesandsalary
Arvind Brands employees with the job title Retail Store Manager make the
most with an average annual salary of ₹545,431, while employees with the
title Retail Store Manager make the least with an average annual salary of
₹545,431.