Arvind limited – a triple play of RM tailwinds, brand growth and de-merger play/re-rating

@varadharajanr thanks for replying so promptly.

So if I understand this correctly, this is like consignment accounting where they give inventory to their consignors (sub-franchisees) and recognise them as receivables in lieu of goods sold (with a mark up of say 50%)? Please correct me if I am mistaken. Additionally if I am correct, could you shed some light on the generic arrangement that they have with their consignors (I understand they probably vary brand to brand) on whether the goods sold can be returned and if so under what terms and conditions – as this might impact returns over the long term in case of poor seasons.

Thanks again for the prompt reply