Aditya Birla Fashion

₹200.1 -1.8 | 0.9%

WEBSITE BSE:535755 NSE : ABFRL 09 Jun, 13:11

Market Cap ₹18981 Cr.

Stock P/E -542.9

P/B 5.7

Current Price ₹200.1

Book Value ₹ 35.2

Face Value 10

52W High ₹359.4

Dividend Yield 0%

52W Low ₹ 184.4

Edit Ratio

Aditya Birla Fashion Research see more...

Overview Inc. Year: 2007Industry: Retailing

Aditya Birla Fashion and Retail Ltd, previously Pantaloons Fashion & Retail Ltd, is a lifestyle and fashion company. The Company is engaged in imparting branded style apparels and accessories, and the retail sale of clothing, footwear and leather-based articles in stores. It operates through two segments:Pantaloons and Madura Fashion & Lifestyle. Its Madura Fashion & Lifestyle section is engaged in production and distribution of branded style apparel and accessories, and comprises over 1,800 distinctive brand outlets (EBOs) and about 150 value shops. Its Pantaloons phase is engaged in retailing of apparel and accessories, and accommodates over 160 stores, consisting of one Pantaloons Kids shop and approximately 30 Factory Outlets. The Pantaloons section has a diverse client base with men, women, youngsters and non-apparels. The Company's manufacturers include Louis Philippe, Van Heusen, Allen Solly and Peter England.

Aditya Birla Fashion Share Price

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Aditya Birla Fashion Quarterly Results

#(Fig in Cr.)	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
Net Sales	2076	1822	812	2054	2987	2283	2875	3075	3589	2880
Other Income	57	18	24	25	24	27	31	22	27	36
Total Income	2133	1839	836	2080	3011	2310	2906	3097	3616	2916
Total Expenditure	1712	1586	981	1741	2405	1910	2406	2678	3153	2687
Operating Profit	422	253	-144	339	606	400	500	419	463	229
Interest	111	121	85	88	88	89	94	104	132	142
Depreciation	231	253	238	242	251	267	270	291	318	348
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	80	-121	-467	10	267	43	135	24	13	-262
Provision for Tax	21	74	-116	4	73	13	41	-6	6	-65
Profit After Tax	58	-196	-352	6	194	31	94	30	7	-197
Adjustments	1	58	5	-0	-5	13	4	8	9	10
Profit After Adjustments	59	-138	-347	5	189	44	97	38	16	-187
Adjusted Earnings Per Share	0.7	-1.5	-3.8	0.1	2	0.5	1	0.4	0.2	-2

Aditya Birla Fashion Profit & Loss

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Net Sales	8118	8788	5249	8136	12419
Other Income	80	65	73	101	116
Total Income	8197	8853	5322	8237	12535
Total Expenditure	7541	7531	4667	6998	10924
Operating Profit	656	1322	656	1239	1611
Interest	225	469	530	389	472
Depreciation	282	885	963	997	1227
Exceptional Income / Expenses	0	0	0	0	0
Profit Before Tax	149	-33	-838	-145	-90
Provision for Tax	-172	132	-102	-27	-24
Profit After Tax	321	-165	-736	-118	-66
Adjustments	0	2	63	10	31
Profit After Adjustments	321	-163	-673	-109	-36
Adjusted Earnings Per Share	4.2	-2.1	-7.3	-1.2	-0.4

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	55%	0%	0%	0%
Operating Profit CAGR	89%	24%	0%	0%
PAT CAGR	0%	NAN%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-23%	15%	8%	NA%
ROE Average	-4%	-20%	-9%	-9%
ROCE Average	6%	4%	6%	6%

Aditya Birla Fashion Balance Sheet

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Shareholder's Funds	1429	1068	2644	2773
Minority's Interest	0	20	32	15
Borrowings	724	857	814	778
Other Non-Current Liabilities	127	1915	2334	2672
Total Current Liabilities	4078	5710	4102	5788
Total Liabilities	6358	9571	9927	12026
Fixed Assets	2555	4940	5625	6057
Other Non-Current Assets	433	460	522	634
Total Current Assets	3369	4171	3780	5335
Total Assets	6358	9571	9927	12026

Aditya Birla Fashion Cash Flow

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Opening Cash & Cash Equivalents	73	57	267	246
Cash Flow from Operating Activities	528	644	1104	951
Cash Flow from Investing Activities	-277	-551	-855	-551
Cash Flow from Financing Activities	-266	116	-269	-527
Net Cash Inflow / Outflow	-15	210	-21	-128
Closing Cash & Cash Equivalent	57	267	246	118

Aditya Birla Fashion Ratios

#	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Earnings Per Share (Rs)	4.15	-2.11	-7.35	-1.16
CEPS(Rs)	7.8	9.31	2.48	9.36
DPS(Rs)	0	0	0	0
Book NAV/Share(Rs)	18.12	13.23	28.37	28.92
Core EBITDA Margin(%)	6.26	12.77	9.52	12.11
EBIT Margin(%)	4.06	4.44	-5.03	2.6
Pre Tax Margin(%)	1.62	-0.33	-13.7	-1.54
PAT Margin (%)	3.49	-1.68	-12.04	-1.26
Cash Profit Margin (%)	6.55	7.32	3.71	9.34
ROA(%)	5.05	-2.07	-7.55	-1.08
ROE(%)	22.93	-13.61	-40.66	-4.46
ROCE(%)	11.93	12.51	-8.06	6.28
Receivable days	30.95	30.08	43.24	26.48
Inventory Days	76.15	79.55	125.8	92.69
Payable days	222.95	202.51	316.32	272.9
PER(x)	53.2	0	0	0
Price/Book(x)	12.2	11.58	7.09	10.44
Dividend Yield(%)	0	0	0	0
EV/Net Sales(x)	2.31	1.64	3.68	3.62
EV/Core EBITDA(x)	28.56	10.87	29.42	23.77
Net Sales Growth(%)	0	8.26	-40.27	55.01
EBIT Growth(%)	0	16.81	-170.42	179.46
PAT Growth(%)	0	-151.37	-346.01	83.92
EPS Growth(%)	0	-150.72	-248.94	84.23
Debt/Equity(x)	1.22	2.72	0.44	0.45
Current Ratio(x)	0.83	0.73	0.92	0.92
Quick Ratio(x)	0.36	0.32	0.47	0.42
Interest Cover(x)	1.66	0.93	-0.58	0.63
Total Debt/Mcap(x)	0.1	0.23	0.06	0.04

Aditya Birla Fashion Shareholding Pattern

#	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
Promoter	59.76	56.1	56.12	56.13	56.12	56.09	56.09	56.08	55.47	55.47
FII	6.28	13.95	13.91	13.83	13.51	13.18	13.23	14.14	14.59	14.39
DII	22.32	18.07	17.02	18.18	19.15	19.91	19.98	19.39	19.07	18.85
Public	11.64	11.87	12.95	11.86	11.21	10.82	10.7	10.39	10.87	11.29
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
Promoter	51.68	52.61	52.61	52.63	52.63	52.63	52.63	52.63	52.63	52.63
FII	5.43	13.09	13.04	12.96	12.67	12.36	12.42	13.27	13.84	13.66
DII	19.3	16.95	15.96	17.05	17.96	18.69	18.75	18.2	18.09	17.88
Public	10.06	11.14	12.14	11.12	10.52	10.15	10.04	9.75	10.32	10.71
Others	0	0	0	0	0	0	0	0	0	0
Total	86.47	93.79	93.76	93.76	93.78	93.83	93.84	93.85	94.87	94.88

Pros

Debtor days have improved from 316.32 to 272.9days.
Company has reduced debt.
Company is almost debt free.

Cons

Company has a low return on equity of -20% over the last 3 years.
Stock is trading at 5.7 times its book value.
The company has delivered a poor profit growth of 0% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.