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15 Dec 2025 |
Aditya Birla Fashion
|
Consensus Share Price Target
|
75.43 |
85.06 |
- |
12.77 |
hold
|
|
|
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23 May 2023
|
Aditya Birla Fashion
|
ICICI Securities Limited
|
75.43
|
210.00
|
194.50
(-61.22%)
|
Target met |
Accumulate
|
|
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We liked continued strong growth in Madura (10% 4Y CAGR) as premium brands are relatively less impacted by general slowdown in discretionary consumption (at value price). However, performance in Pantaloons has been underwhelming at 13% SSSG (6% 4Y CAGR) vs 23% SSSG of Westside.
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08 May 2023
|
Aditya Birla Fashion
|
Sharekhan
|
75.43
|
250.00
|
205.95
(-63.37%)
|
Target met |
Buy
|
|
|
|
|
07 May 2023
|
Aditya Birla Fashion
|
Motilal Oswal
|
75.43
|
235.00
|
214.20
(-64.79%)
|
Target met |
Neutral
|
|
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|
28 Feb 2023
|
Aditya Birla Fashion
|
Motilal Oswal
|
75.43
|
305.00
|
229.70
(-67.16%)
|
|
Buy
|
|
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|
08 Feb 2023
|
Aditya Birla Fashion
|
ICICI Securities Limited
|
75.43
|
330.00
|
250.45
(-69.88%)
|
|
Buy
|
|
|
We like the continued strong growth in Madura (5% SSSG) during Q3FY23 as premium brands are relatively less impacted by general slowdown in discretionary consumption (at value price). However, performance in Pantaloons has been underwhelming (-9% SSSG vs pre-covid). Emerging businesses’ revenue growth (48% YoY, ~15% of revenues) looks impressive, but unstable profitability causes concern.
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|
08 Feb 2023
|
Aditya Birla Fashion
|
Axis Direct
|
75.43
|
325.00
|
250.45
(-69.88%)
|
|
Buy
|
|
|
Recommendation With a 29% upside potential from the CMP, we maintain a BUY rating on the stock.
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08 Feb 2023
|
Aditya Birla Fashion
|
ICICI Direct
|
75.43
|
340.00
|
250.45
(-69.88%)
|
|
Buy
|
|
|
|
|
04 Dec 2022
|
Aditya Birla Fashion
|
Motilal Oswal
|
75.43
|
380.00
|
315.20
(-76.07%)
|
|
Buy
|
|
|
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|
29 Nov 2022
|
Aditya Birla Fashion
|
ICICI Direct
|
75.43
|
380.00
|
310.35
(-75.70%)
|
|
Buy
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07 Nov 2022
|
Aditya Birla Fashion
|
Axis Direct
|
75.43
|
400.00
|
320.40
(-76.46%)
|
|
Buy
|
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Maintain a BUY with the TP of Rs 400/share (valuing it 20x Sept'24 expected EBITDA). Key risk: Intensifying competition.
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