Aditya Birla Fashion and Retail Ltd. News and Updates

Name: Latest research reports of Aditya Birla Fashion and Retail Ltd. authored by Edelweiss and published by - Trendlyne research reports.
Item: Aditya Birla Fashion and Retail Ltd.
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Author: Edelweiss

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Aditya Birla Fashion and Retail Ltd.

29 May 2020

87.56

1.99%

Buy Aditya Birla Fashion and Retail target of Rs 137: Anand Rathi

Moneycontrol

Anand Rathi is bullish on Aditya Birla Fashion and Retail has recommended buy rating on the stock with a target price of Rs 137 in its research report dated May 28, 2020.

Aditya Birla Fashion.. has an average target of 161.00 from 4 brokers.

Aditya Birla Fashion and Retail Ltd.

29 May 2020

87.56

1.99%

Aditya Birla Fashion & Retail Ltd - Result Update Q4FY20

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Target

Edelweiss

Despite the novel coronavirus or COVID-19, led lockdown, Aditya Birla Fashion & Retail (ABFRL) reported a 4.3% YoY drop in revenue

Aditya Birla Fashion and Retail Ltd. has lost -69.56% in the last 1 Year

Aditya Birla Fashion and Retail Ltd.

28 May 2020

87.56

1.99%

Covid-19 impact aside, debt reduction key for Aditya Birla Fashion

livemint

ABFRL is looking to raise 1,000 crore through a rights issue. One of the main aims of this issue is to lower the debt.More than 1,300 stores of ABFRL's network of 3,041 stores are operational now

Number of FII/FPI investors increased from 268 to 281 in Mar 2025 qtr.

Buy Aditya Birla Fashion and Retail; target of Rs 130: ICICI Securities

Moneycontrol | 28 May 2020 3 more

Aditya Birla Fashion and Retail Ltd.

28 May 2020

87.56

1.99%

COVID-19 disrupts healthy growth trajectory

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Motilal Oswal

28 May 2020 Revenue decline of 5% was in-line, while EBITDA loss of INR569m was a big miss v/s the expectation of INR736m in profit. This was due to a lower-than- expected reduction in fixed cost during the COVID-19 lockdown in Mar20. We cut our revenue by 9%/11% in FY21E/FY22E, building the impact of the extended lockdown and its repercussion on the slow-moving Apparel industry. Expect revival in FY22E, with EBITDA of INR6.3b, 35% growth over FY20. Revenue was down 5.1% YoY to INR18.2b (in-line) as operations were impacted due to COVID-19. Management indicated that normalized growth without the COVID-19 impact would be 13% YoY. The gross margin shrank 180bp YoY to 51.3% (220bp miss); EBITDA (pre-Ind- AS 116) turned to loss of INR569m (v/s expectation of INR736m and INR1.3b in 4QFY19). Normalized EBITDA without the COVID-19 impact should increase 1% YoY. PBT too turned to loss of INR1.

Aditya Birla Fashion and Retail Ltd. has lost -63.84% in the last 3 Months

Aditya Birla Fashion and Retail Ltd.

28 May 2020

87.56

1.99%

Aditya Birla Fashion & Retail

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Target

ICICI Securities Limited

Revenue from lifestyle brands de-grew 5% YoY to | 1072.0 crore in Q4FY20. The division continued its healthy growth momentum in January-February with revenue growth of 7% YoY (LTL: 10%) but a weak March derailed trajectory. EBITDA fell 61% YoY to | 66.0 crore. ABFRL capitalised its own retail channel to fuel growth by adding record number of stores in FY20 (273 stores) taking total count to 2253 stores. Revenue for FY20 grew 7% YoY (YTD-February: 11%). ABFRL has aggressively rolled out Peter England...

Number of FII/FPI investors increased from 268 to 281 in Mar 2025 qtr.

Aditya Birla Fashion and Retail Ltd.

16 Apr 2020

87.56

1.99%

Pent up Demand: Looking at brighter side of lockdown

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ICICI Securities Limited

Aditya Birla Fashion.. has an average target of 161.00 from 4 brokers.

Aditya Birla Fashion and Retail Ltd.

13 Feb 2020

87.56

1.99%

Why Hemang Jani is bullish on UPL, Trent, ABFRL

Economic Times

Given the overall slowdown in the economy and the corporate sector, pathology labs sector is emerging as a space with a decent growth of about 20-25% and reasonably good margins, says Hemang Jani, Senior Vice President, Sharekhan.

Aditya Birla Fashion and Retail Ltd. has lost -72.09% in the last 6 Months

Aditya Birla Fashion and Retail Ltd.

09 Feb 2020

87.56

1.99%

Aditya Birla Fashion and Retail (3QFY20): Most well-rounded show in retail. BUY

Buy: Aditya Birla Fashion and R...

HDFC Securities

Strong focus on retail and a shift to the 12 season model is likely to help improve assortment freshness footfall enabler; ergo sustain growth momentum across anchor formats. We continue to prefer strong Brands and value fashion plays and ABFRL is well placed to milk both categories. We revise our DCF-based TP to Rs. 290/sh (earlier Rs. 250). Revision is a function of 1. Revision in our EBITDA estimates (1.5-2%) for FY21/22 respectively and 2. DCF-roll-over to FY22. ABFRL's revenue grew 12.3% YoY to Rs. 25.6bn (3.5% above estimated Rs. 24.76bn) as both anchors - Madura and Pantaloons performed well and beat expectations. Adj. EBITDA margins (Pre-IND-AS) stood at 8.4% (vs est: 7.1%). The beat was a function of 1. GM trickle down effect, 2. Improved profitability in Pantaloons and 2. Reducing losses in the fast fashion biz. The company reported losses for the quarter (Rs. Rs. 334mn) primarily due to a higher tax outgo (courtesy a one-time deferred tax charge of Rs. Rs. 1.43bn)

Aditya Birla Fashion.. has an average target of 161.00 from 4 brokers.

Aditya Birla Fashion and Retail Ltd.

07 Feb 2020

87.56

1.99%

Weddings, strong winters boost Aditya Birla Fashion's Q3 sales

livemint

A record 150 stores were opened during October-December .Pantaloons' revenue rose 13% to 1,083 crore in December quarter

Aditya Birla Fashion and Retail Ltd. is trading below all available SMAs

Aditya Birla Fashion jumps 4%, hits record high on impressive Q3 results

Business Standard | 07 Feb 2020 1 more

Aditya Birla Fashion and Retail Ltd.

07 Feb 2020

87.56

1.99%

Aditya Birla Fashion & Retail

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Target

ICICI Securities Limited

With liquidity stress persisting in wholesale channels, ABFRL has capitalised its own retail channel to fuel growth in its lifestyle brand division (Allen Solly, Van Heusen, Louis Philippe, Peter England). ABFRL added a record number of stores in a quarter (91 stores) taking the total store count to 2187. Furthermore, robust SSSG (15% YoY) led retail sales to grow 30% YoY to | 642.0 crore. However, a decline in wholesale channel (down 4% YoY to | 394 crore) led overall revenue from lifestyle brands to increase 14% YoY to | 1295.0 crore. Apart from its core portfolio of men's category, growth...