Aditya Birla Fashion & Retail Ltd
ABFRL NSE
Aditya Birla Fashion & Retail Ltd
Consumer DiscretionaryNSE: ABFRL BSE: 535755 Retailing
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 Fundamentals
MicrocapSpeciality RetailRetailMarket Cap
₹7,463 Cr
Volatility
Moderate
P/E Ratio
-9.1
EBITDA
₹617 Cr
Return on Equity
-1.78%
Debt to Equity
1.34
Book Value
₹47.84
EPS
₹0
52W High
₹94.95
52W Low
₹53.51
Technical Indicators
Key Insights
Strengths
1- Debtor days have improved from 36.5 to 18.2 days.
Weaknesses
5- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 9.27% over past five years.
- Company has a low return on equity of -13.1% over last 3 years.
- Earnings include an other income of Rs.270 Cr.
- Promoter holding has decreased over last 3 years: -8.86%
Growth Rate
Revenue Growth
8.30% ↗
Net Income Growth
55.21% ↗
Cash Flow Change
22.55% ↗
ROE
-52.44% ↘
ROCE
-66.94% ↘
EBITDA Margin (Avg.)
-36.97% ↘
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,880 | 3,196 | 3,226 | 4,167 | 1,575 | 1,674 | 1,761 | 2,201 | 1,719 | 1,831 | 1,982 | 2,374 | 1,990 |
| Expenses | 2,687 | 2,904 | 2,904 | 3,613 | 1,540 | 1,585 | 1,683 | 1,908 | 1,520 | 1,726 | 1,920 | 2,072 | 1,802 |
| Operating Profit | 193 | 292 | 323 | 553 | 35 | 89 | 77 | 293 | 199 | 106 | 62 | 302 | 188 |
| OPM % | 7% | 9% | 10% | 13% | 2% | 5% | 4% | 13% | 12% | 6% | 3% | 13% | 9% |
| Other Income | 39 | 61 | 46 | 51 | 84 | 57 | 134 | 95 | 243 | 64 | 55 | 40 | 112 |
| Interest | 142 | 187 | 208 | 245 | 152 | 132 | 141 | 151 | 143 | 113 | 124 | 132 | 146 |
| Depreciation | 348 | 367 | 389 | 444 | 287 | 274 | 286 | 296 | 315 | 316 | 325 | 350 | 349 |
| PBT | -259 | -201 | -229 | -85 | -321 | -260 | -217 | -59 | -15 | -260 | -333 | -141 | -195 |
| Tax % | -25% | -20% | -12% | 27% | -17% | -17% | -19% | -28% | 52% | -10% | -11% | -3% | -16% |
| Net Profit | -195 | -162 | -200 | -108 | -266 | -215 | -175 | -42 | -24 | -234 | -295 | -137 | -164 |
| EPS in Rs | -1.97 | -1.49 | -1.89 | -0.82 | -2.26 | -1.59 | -1.36 | -0.48 | -0.14 | -1.74 | -2.16 | -1.25 | -1.22 |
Profit & Loss
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 8,118 | 8,788 | 5,249 | 8,136 | 12,418 | 6,441 | 7,351 | 8,177 |
| Expenses | 7,525 | 7,528 | 4,666 | 6,998 | 10,860 | 6,033 | 6,653 | 7,520 |
| Operating Profit | 593 | 1,259 | 583 | 1,138 | 1,557 | 408 | 699 | 657 |
| OPM % | 7% | 14% | 11% | 14% | 13% | 6% | 10% | 8% |
| Other Income | 63 | 63 | 73 | 103 | 123 | 319 | 525 | 270 |
| Interest | 225 | 469 | 530 | 389 | 536 | 588 | 608 | 516 |
| Depreciation | 282 | 885 | 963 | 997 | 1,227 | 1,017 | 1,166 | 1,339 |
| PBT | 149 | -33 | -838 | -145 | -82 | -877 | -550 | -928 |
| Tax % | -115% | 402% | -12% | -18% | -28% | -16% | -17% | -11% |
| Net Profit | 321 | -165 | -736 | -118 | -59 | -736 | -456 | -830 |
| EPS in Rs | 3.72 | -1.89 | -7.93 | -1.16 | -0.38 | -6.19 | -3.08 | -6.36 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 773 | 774 | 915 | 938 | 949 | 1,015 | 1,220 | 1,221 |
| Reserves | 655 | 294 | 1,729 | 1,835 | 2,394 | 3,007 | 5,592 | 4,619 |
| Borrowings | 1,703 | 5,285 | 3,600 | 4,100 | 6,573 | 9,451 | 5,017 | 6,189 |
| Other Liabilities | 3,489 | 3,406 | 3,805 | 5,321 | 6,873 | 8,317 | 4,565 | 5,729 |
| Total Liabilities | 6,621 | 9,758 | 10,049 | 12,195 | 16,790 | 21,790 | 16,394 | 17,757 |
| Fixed Assets | 2,555 | 4,940 | 5,627 | 6,059 | 8,359 | 11,879 | 9,417 | 10,387 |
| CWIP | 22 | 48 | 38 | 103 | 204 | 171 | 181 | 88 |
| Investments | 4 | 14 | 418 | 684 | 267 | 985 | 1,749 | 1,240 |
| Other Assets | 4,039 | 4,756 | 3,966 | 5,348 | 7,960 | 8,756 | 5,046 | 6,042 |
| Total Assets | 6,621 | 9,758 | 10,049 | 12,195 | 16,790 | 21,790 | 16,394 | 17,757 |
Cash Flow
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating | 528 | 644 | 1,104 | 951 | 636 | 1,341 | 1,644 | 161 |
| Investing | -277 | -551 | -855 | -553 | -387 | -2,992 | -1,665 | -267 |
| Financing | -266 | 116 | -269 | -526 | 326 | 1,412 | 334 | -594 |
| Net Cash Flow | -15 | 210 | -21 | -128 | 574 | -239 | 313 | -700 |
| Free Cash Flow | 248 | 332 | 945 | 632 | -35 | 600 | 1,051 | -295 |
| CFO/OP | 92 | 52 | 190 | 85 | 41 | 339 | 240 | 36 |
Ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 35 | 35 | 42 | 34 | 26 | 73 | 19 | 18 |
| Inventory Days | 179 | 205 | 263 | 287 | 277 | 532 | 282 | 298 |
| Days Payable | 223 | 198 | 307 | 335 | 253 | 487 | 258 | 248 |
| Cash Conversion Cycle | -9 | 42 | -1 | -13 | 50 | 117 | 43 | 68 |
| Working Capital Days | -34 | -75 | -65 | -53 | -24 | -72 | -11 | 32 |
| ROCE % | — | 9% | -5% | 3% | 5% | -4% | -3% | -3% |
Documents
1
Announcement under Regulation 30 (LODR)-Credit Rating
23 Apr - CRISIL reaffirmed ABFRL ratings: A1+ and AA+/Stable for loans, CP, and NCDs; some ratings withdrawn at company request. 23 Apr - CRISIL reaffirmed ABFRL ratings: A1+ and AA+/Stable for loans, CP, and NCDs; some ratings withdrawn at company request.
2
Announcement under Regulation 30 (LODR)-Credit Rating
8h - CRISIL reaffirmed ABFRL ratings: A1+ and AA+/Stable for loans, CP, and NCDs; some ratings withdrawn at company request. 8h - CRISIL reaffirmed ABFRL ratings: A1+ and AA+/Stable for loans, CP, and NCDs; some ratings withdrawn at company request.
3
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Apr - Certificate As per Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018 on behalf of the Company for the quarter ended March 31, 2026. 7 Apr - Certificate As per Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018 on behalf of the Company for the quarter ended March 31, 2026.
4
Announcement under Regulation 30 (LODR)-Resignation of Director
2 Apr - Mr. Pankaj Sood resigned as Non-Executive Nominee Director of ABFRL effective April 2, 2026. 2 Apr - Mr. Pankaj Sood resigned as Non-Executive Nominee Director of ABFRL effective April 2, 2026.
5
Announcement under Regulation 30 (LODR)-Change in Management
2 Apr - Mr. Pankaj Sood resigned as Non-Executive Nominee Director effective April 2, 2026. 2 Apr - Mr. Pankaj Sood resigned as Non-Executive Nominee Director effective April 2, 2026.
Frequently Asked Questions about Aditya Birla Fashion & Retail Ltd
What does Aditya Birla Fashion & Retail Ltd do?
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...
Where is Aditya Birla Fashion & Retail Ltd (ABFRL) listed?
Aditya Birla Fashion & Retail Ltd is listed on the Indian stock exchanges. It is listed on NSE: ABFRL and BSE: 535755. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Aditya Birla Fashion & Retail Ltd belong to?
Aditya Birla Fashion & Retail Ltd operates in the Consumer Discretionary sector within the Retailing industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Aditya Birla Fashion & Retail Ltd?
Aditya Birla Fashion & Retail Ltd has a market capitalisation of approximately ₹7463.42 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Aditya Birla Fashion & Retail Ltd?
The Price-to-Earnings (PE) ratio of Aditya Birla Fashion & Retail Ltd is -9.10. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Aditya Birla Fashion & Retail Ltd?
Over the past 52 weeks, Aditya Birla Fashion & Retail Ltd has traded between a low of ₹53.51 and a high of ₹94.95. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Aditya Birla Fashion & Retail Ltd?
Aditya Birla Fashion & Retail Ltd has a Return on Equity (ROE) of -1.78%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Aditya Birla Fashion & Retail Ltd on Tapetide?
On Tapetide, you can view Aditya Birla Fashion & Retail Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
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]
Website abfrl.com
CEO Mr. Ashish Dikshit
Employees 33,085
Listed 2013-07-17
Face Value ₹ 10
Issued Size 1,22,04,92,475