Logo
Whalesbook
HomeNewsCorporate NewsPremiumStocks
HomeNewsCorporate NewsPremiumStocks

Aditya Birla Fashion and Retail Ltd

₹ 77.50.04%
07 Jan 3:31 p.m. – close price
🔗abfrl.com•BSE: 535755•NSE: ABFRL
Market Cap₹ 9,459 Cr.
Current Price₹ 77.5
High / Low₹ 106
Stock P/Enull
Book Value₹ 66.8
Dividend Yield0.00 %
ROCE-0.17 %
ROE-3.01 %
Face Value₹ 10.0
Sales₹ 5,717 Cr.
OPM14.2 %
Mar Cap₹ 9,459 Cr.

ABOUT

Aditya Birla Fashion and Retail Ltd. (ABFRL) emerged after the consolidation of the branded apparel businesses of Aditya Birla Group comprising ABNL's Madura Fashion division and ABNL's subsidiaries Pantaloons Fashion and Retail (PFRL) and Madura Fashion & Lifestyle (MFL) in 2015.ABFRL is a part of the Aditya Birla Group, a US$ 48.3 billion Indian multinational, in the league of Fortune 500. Anchored by an extraordinary force of over 120,000 employees, belonging to 42 nationalities, the Aditya Birla Group operates in 34 countries across the globe.[1]

KEY POINTS

Demerger Proposal[1]On April 19, 2024, the board of Aditya Birla Fashion and Retail Limited (ABFRL) approved demerger of Madura Fashion and Lifestyle (MFL) into a separate listed company, Aditya Birla Lifestyle Brands Ltd (ABLBL), to accelerate growth and value creation by forming two distinct listed entities.The demerger will proceed through an NCLT scheme of arrangement, with ABFRL shareholders retaining identical stakes in both companies. ABFRL also plans to raise Rs 2,500 crore in equity capital within 12 months post-demerger.

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsPreferential IssuanceJv Partnerships AcquisitionsRevenue Guidance Vs ActualsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Trent4058.0088.96144256.860.12373.4211.254817.6815.9030.7118574.6617.021621.95376.8623.6717.320.38
2.Lenskart Solut.453.60298.5978693.760.00103.4519.602096.1520.775.576652.5214.69246.75102.22–2.500.45
3.A B Lifestyle119.75134.5114615.540.0023.44-40.752037.903.71–7829.9615.62124.8123.4411.12–2.67
4.Vedant Fashions557.5535.1313547.021.4356.08-16.17263.15-1.7925.931423.0644.93385.4356.087.9214.350.27
5.Aditya Bir. Fas.77.50–9458.840.00-90.8934.471491.837.53-0.175717.1414.16-209.10-90.891.18-1.210.45
6.V2 Retail2261.8082.908247.340.0017.23992.75708.6486.4816.872430.3114.0799.5217.2320.255.513.39
7.Arvind Fashions.494.25–6603.080.3256.3526.801417.5111.3416.934916.6413.12-15.1937.636.670.891.22
–Median: 18 Co.295.0553.612851.960.020.348.46450.9114.9215.091668.5814.4349.3614.984.254.570.61

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
3,3593,7531,6392,9871,3891,3932,6511,1971,1942,9532,9951,3871,492
Expenses
2,9083,1941,3762,6231,2321,2132,4261,1439912,5092,6141,2491,327
Operating Profit
45155926236415717922554203443381138165
Other Income
27449658596433632462145-2951
Profit before tax
73-9-1-65-116-79-175-234109105-101-228-120
Tax %
22%84%-3,091%-25%-32%-24%-27%-27%-8%24%-26%-14%-24%
Net Profit
57-1628-49-79-60-128-17211980-75-195-91
EPS in Rs
0.60-0.170.26-0.51-0.78-0.49-1.35-1.700.970.84-0.79-1.82-0.74

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
1,6611,8516,0346,6037,1728,1188,7435,1817,82411,7375,2025,6095,717
Expenses
1,6151,7755,6206,1236,6617,5257,4704,5606,70910,0874,6524,8224,908
Operating Profit
46754144805115931,2736211,1161,650550787810
Other Income
4225373063627294110295375457
Interest
129122211220212225467525376480482474386
Depreciation
1091833382422812828779459471,114814924972
Profit before tax
-188-228-1105449149-9-776-113166-450-237-91
Net Profit
-188-228-11054118321-145-650-81133-312-128-4
EPS in Rs
-18.12-22.02-1.280.621.373.72-1.68-7.66-0.861.40-3.07-1.050.00
Dividend Payout %
0%0%0%0%0%0%0%0%0%0%0%0%–

Compounded Profit Growth

10 Years:1%
5 Years:-11%
3 Years:-40%
TTM:54%

Compounded Sales Growth

10 Years:12%
5 Years:-8%
3 Years:-11%
TTM:-26%

Return on Equity

10 Years:-4%
5 Years:-6%
3 Years:-3%
Last Year:-3%

Stock Price CAGR

10 Years:0%
5 Years:6%
3 Years:-8%
1 Year:-19%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
93937697717727737749159389491,0151,2201,220
Reserves
4862521331883216553121,7701,9442,8384,6387,0786,934
Borrowings
1,0511,3111,8502,0451,8611,7035,2443,5033,8235,6798,3923,3973,641
Other Liabilities
5234861,8312,0332,7793,4893,3593,5754,8966,0086,3462,5862,838
Total Liabilities
2,1532,1424,5825,0365,7346,6219,6899,76311,60115,47320,39014,28114,633
Fixed Assets
1,6331,5792,3232,4872,5822,5554,7284,5064,7516,2459,4426,1896,346
Gross Block
1,9842,0982,4942,7573,0673,2416,1226,6677,6569,83513,8209,628–
Accumulated Depreciation
3505191712704846861,3942,1612,9043,5914,3783,439–
CWIP
25425254622443561146127150209
Investments
6-0-0-0441709891,3731,5512,6353,7663,312
Other Assets
4895592,2342,5243,1014,0394,7474,2335,4167,5318,1874,1774,767
Total Assets
2,1532,1424,5825,0365,7346,6219,6899,76311,60115,47320,39014,28114,633

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
70-363114255955286621,1501,0039211,6631,803
Cash from Investing Activity
681-109-186-446-325-277-574-985-560-643-3,505-1,508
Cash from Financing Activity
-766141-13351-247-266120-266-5002561,505133
Net Cash Flow
-14-4-83023-15208-101-56535-337428

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
4119252835355135267210
Inventory Days
137156187174182179204251272254536245
Days Payable
144114190177216223197336333247512254
Cash Conversion Cycle
-3441622-6-942-34-2533951
Working Capital Days
-24-64-57-31-30-34-75-64-57-30-87-9
ROCE %
-3%-6%5%10%9%12%10%-4%4%7%-2%-0%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
55.47%55.47%55.47%55.45%55.45%51.85%51.97%49.25%49.24%46.58%46.58%46.61%
FIIs
14.59%14.39%14.20%14.03%14.15%19.50%19.99%19.68%18.35%22.20%17.63%18.62%
DIIs
18.68%18.45%16.86%17.01%17.00%14.84%14.45%14.76%14.56%14.65%12.14%8.07%
Public
10.33%10.77%12.94%13.01%12.91%13.35%13.12%15.89%17.43%16.23%23.29%26.33%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Gyftr Ltd. Notifies Registered Office Shift; Aditya Birla Fashion & Retail in Amalgamation Scheme; Switching Technologies Gunther Faces Open Offer

13th April 2026, 9:17 pm

ABFRL Confirms Registrar's Certificate for Dematerialised Securities Handling

7th April 2026, 10:22 pm

Pankaj Sood Resigns as ABFRL Non-Executive Nominee Director

2nd April 2026, 10:25 pm

Pankaj Sood Resigns as Non-Executive Nominee Director from Aditya Birla Fashion and Retail

2nd April 2026, 10:22 pm

ABFRL Announces Key Leadership Transitions Across Pantaloons, OWND!, and CFO Roles

24th March 2026, 7:00 pm

Published by Other Websites

External media mentions & references

India's Luxury Boom: Infrastructure Limits Growth Beyond Elite

16th April 2026, 12:56 pm

India's Luxury Boom Stalls: Retail Space Shortage Halts Growth

27th March 2026, 3:36 pm

India Luxury Boom Stalled: Brands Seek Space Amid Mall Shortage

27th March 2026, 1:19 pm

IPL Team Sales Spark Stock Frenzy: Aditya Birla, United Spirits in Focus

25th March 2026, 8:28 am

Global Peace Hopes Lift Markets; OMCs, RIL, TVS Motor in Focus

25th March 2026, 8:14 am

News Articles

Editorial & research coverage

10 Stocks Eye: Hero MotoCorp, LIC, Airtel Q3 Results Spark Market Moves
10 Stocks Eye: Hero MotoCorp, LIC, Airtel Q3 Results Spark Market Moves

6th February 2026, 6:20 am

ABLBL's Q3 Profit Climbs 15% on Strong Retail Sales
ABLBL's Q3 Profit Climbs 15% on Strong Retail Sales

2nd February 2026, 7:41 pm

Indian Markets Plunge: Volatility Skyrockets, Rupee Hits Record Low
Indian Markets Plunge: Volatility Skyrockets, Rupee Hits Record Low

21st January 2026, 3:46 pm

Fidelity Exits Aditya Birla Fashion Stake, Sparks Retail Sector Concern
Fidelity Exits Aditya Birla Fashion Stake, Sparks Retail Sector Concern

20th January 2026, 9:32 pm

Aditya Birla Fashion Plunges 8% on ₹289 Crore Block Deal
Aditya Birla Fashion Plunges 8% on ₹289 Crore Block Deal

20th January 2026, 9:22 am

Documents

Announcements

Disclosure Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015

31 Dec - Haryana SGST order demands ₹13,28,70,873 (tax, interest, penalty); ABFRL to appeal.

Disclosure Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015

31 Dec - Haryana SGST order (Dec 30, 2025) demands ₹9,36,89,458; ABFRL to appeal.

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Closure of Trading Window

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Credit Ratings

Rating update

29 Oct 2025 from fitch

Rating update

4 Jun 2025 from crisil

Rating update

15 May 2025 from crisil

Rating update

10 Apr 2025 from fitch

Rating update

9 Apr 2025 from icra

Rating update

4 Mar 2025 from crisil

Concalls

Nov 2025

TranscriptPPTRecording

Aug 2025

TranscriptPPT

May 2025

TranscriptPPT

Apr 2025

PPT

Feb 2025

TranscriptPPT

Nov 2024

TranscriptPPT

Nov 2024

PPT

Aug 2024

TranscriptPPT

Jun 2024

TranscriptPPT

Feb 2024

TranscriptPPT

Nov 2023

TranscriptPPT

Aug 2023

TranscriptPPT

May 2023

TranscriptPPT

May 2023

Transcript

May 2023

Transcript

Feb 2023

TranscriptPPT

Nov 2022

TranscriptPPT

Nov 2022

PPT

Aug 2022

TranscriptPPT

May 2022

TranscriptPPT

Feb 2022

TranscriptPPT

Nov 2021

TranscriptPPT

Jul 2021

PPT

Jul 2021

TranscriptPPT

May 2021

TranscriptPPT

Mar 2021

Transcript

Mar 2021

TranscriptPPT

Nov 2020

TranscriptPPT

Aug 2020

TranscriptPPT

May 2020

TranscriptPPT

Feb 2020

TranscriptPPT

Nov 2019

TranscriptPPT

Aug 2019

PPT

May 2019

TranscriptPPT

Feb 2019

TranscriptPPT

Nov 2018

TranscriptPPT

Aug 2018

TranscriptPPT

May 2018

TranscriptPPT

Feb 2018

Transcript

Aug 2016

PPT

Jan 2016

PPT

Sep 2015

PPT

Stock Analysis

Description

Aditya Birla Fashion and Retail Limited (ABFRL) is a leading Indian fashion and retail company, part of the Aditya Birla Group. It operates a diverse portfolio of brands across various segments including ethnic wear, casual wear, and luxury retail, with a growing focus on digital fashion ventures.

Key Growth Triggers

  1. Strategic investment of ₹437 Cr in its fashion tech venture, TMRW, from ServiceNow Ventures to enhance its tech platform.
  2. Launch of new value fashion brand 'OWND!' targeting Gen Z, with plans for aggressive store footprint expansion.
  3. Partnership with Galeries Lafayette for store launches, enhancing retail experience and brand portfolio.

Order Book

Currently no data available for Order Book.

Key Red Flags

  1. Multiple CGST demand orders received by the company, related to input tax credit claims and vendor defaults, with amounts ranging from lakhs to crores. ABFRL disputes these demands as legally untenable and plans to appeal.
  2. Reported net losses in Q1 and Q2 FY26, although revenue growth was observed.

Key Dates To Watch

Currently no new key dates to watch are mentioned in this specific update.

Corporate Announcements

13th Apr 26
Impact Rating: -
No description available.
7th Apr 26
Impact Rating: 4
Aditya Birla Fashion and Retail Limited (ABFRL) confirmed receipt of its registrar's certificate for the quarter ended March 31, 2026, verifying compliance with SEBI rules on dematerialised securities processing and shareholder record updates.
2nd Apr 26
Impact Rating: 5
Mr. Pankaj Sood has resigned as a Non-Executive Nominee Director from Aditya Birla Fashion and Retail Limited. His resignation was effective immediately on April 2, 2026.
2nd Apr 26
Impact Rating: 4
Aditya Birla Fashion and Retail Limited (ABFRL) has informed the stock exchanges that Mr. Pankaj Sood has tendered his resignation as a Non-Executive Nominee Director. The resignation is effective immediately from April 2, 2026.
24th Mar 26
Impact Rating: 7
ABFRL's board approved leadership changes. Suraj Bahirwani becomes CEO-Designate Pantaloons (April 1, 2026) and CEO (Oct 1). Marco Agnolin appointed CEO OWND! (April 6). Nikhil Modha becomes CFO-Designate (April 1) and CFO (Jan 1, 2027).