Aditya Birla Fashion

₹211.6 -4 | 1.9%

WEBSITE BSE:535755 NSE : ABFRL 28 Sep, 16:01

Market Cap ₹20070 Cr.

Stock P/E -73.0

P/B 7.6

Current Price ₹211.6

Book Value ₹ 27.8

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

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Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

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Peer Comparison

Aditya Birla Fashion Quarterly Results

#(Fig in Cr.)	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023
Net Sales	1822	812	2054	2987	2283	2875	3075	3589	2880	3196
Other Income	18	24	25	24	27	31	22	27	36	60
Total Income	1839	836	2080	3011	2310	2906	3097	3616	2916	3256
Total Expenditure	1586	981	1741	2405	1910	2406	2678	3153	2687	2904
Operating Profit	253	-144	339	606	400	500	419	463	229	353
Interest	121	85	88	88	89	94	104	132	142	187
Depreciation	253	238	242	251	267	270	291	318	348	367
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	-121	-467	10	267	43	135	24	13	-262	-202
Provision for Tax	74	-116	4	73	13	41	-6	6	-65	-40
Profit After Tax	-196	-352	6	194	31	94	30	7	-197	-162
Adjustments	58	5	-0	-5	13	4	8	9	10	21
Profit After Adjustments	-138	-347	5	189	44	97	38	16	-187	-141
Adjusted Earnings Per Share	-1.5	-3.8	0.1	2	0.5	1	0.4	0.2	-2	-1.5

Aditya Birla Fashion Profit & Loss

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	8118	8788	5249	8136	12418	12740
Other Income	80	65	73	101	116	145
Total Income	8197	8853	5322	8237	12534	12885
Total Expenditure	7541	7531	4667	6998	10861	11422
Operating Profit	656	1322	656	1239	1674	1464
Interest	225	469	530	389	536	565
Depreciation	282	885	963	997	1227	1324
Exceptional Income / Expenses	0	0	0	0	0	0
Profit Before Tax	149	-33	-838	-145	-82	-427
Provision for Tax	-172	132	-102	-27	-23	-105
Profit After Tax	321	-165	-736	-118	-59	-322
Adjustments	0	2	63	10	23	48
Profit After Adjustments	321	-163	-673	-109	-36	-274
Adjusted Earnings Per Share	4.2	-2.1	-7.3	-1.2	-0.4	-2.9

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	53%	12%	0%	0%
Operating Profit CAGR	35%	8%	0%	0%
PAT CAGR	0%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-36%	17%	3%	7%
ROE Average	-2%	-16%	-8%	-8%
ROCE Average	9%	3%	6%	6%

Aditya Birla Fashion Balance Sheet

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	1429	1068	2644	2773	3343
Minority's Interest	0	20	32	15	3
Borrowings	724	857	814	778	1508
Other Non-Current Liabilities	127	1915	2334	2672	4692
Total Current Liabilities	4078	5710	4102	5788	7088
Total Liabilities	6358	9571	9927	12026	16633
Fixed Assets	2555	4940	5625	6057	8356
Other Non-Current Assets	433	460	522	634	1107
Total Current Assets	3369	4171	3780	5335	7170
Total Assets	6358	9571	9927	12026	16633

Aditya Birla Fashion Cash Flow

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	73	57	267	246	118
Cash Flow from Operating Activities	528	644	1104	951	636
Cash Flow from Investing Activities	-277	-551	-855	-553	-387
Cash Flow from Financing Activities	-266	116	-269	-526	326
Net Cash Inflow / Outflow	-15	210	-21	-128	574
Closing Cash & Cash Equivalent	57	267	246	118	693

Aditya Birla Fashion Ratios

#	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	4.15	-2.11	-7.35	-1.16	-0.38
CEPS(Rs)	7.8	9.31	2.48	9.36	12.31
DPS(Rs)	0	0	0	0	0
Book NAV/Share(Rs)	18.12	13.23	28.37	28.92	29.52
Core EBITDA Margin(%)	6.26	12.77	9.52	12.11	10.93
EBIT Margin(%)	4.06	4.44	-5.03	2.6	3.19
Pre Tax Margin(%)	1.62	-0.33	-13.7	-1.54	-0.58
PAT Margin (%)	3.49	-1.68	-12.04	-1.26	-0.42
Cash Profit Margin (%)	6.55	7.32	3.71	9.34	8.2
ROA(%)	5.05	-2.07	-7.55	-1.08	-0.42
ROE(%)	22.93	-13.61	-40.66	-4.46	-2.16
ROCE(%)	11.93	12.51	-8.06	6.28	9.4
Receivable days	30.95	30.08	43.24	26.48	21.05
Inventory Days	76.15	79.55	125.8	92.69	91.54
Payable days	222.95	202.51	316.32	272.9	238.54
PER(x)	53.2	0	0	0	0
Price/Book(x)	12.2	11.58	7.09	10.44	7.26
Dividend Yield(%)	0	0	0	0	0
EV/Net Sales(x)	2.31	1.64	3.68	3.62	1.77
EV/Core EBITDA(x)	28.56	10.87	29.42	23.77	13.11
Net Sales Growth(%)	0	8.26	-40.27	55.01	52.62
EBIT Growth(%)	0	16.81	-170.42	179.46	85.68
PAT Growth(%)	0	-151.37	-346.01	83.92	49.75
EPS Growth(%)	0	-150.72	-248.94	84.23	67.27
Debt/Equity(x)	1.22	2.72	0.44	0.45	0.82
Current Ratio(x)	0.83	0.73	0.92	0.92	1.01
Quick Ratio(x)	0.36	0.32	0.47	0.42	0.42
Interest Cover(x)	1.66	0.93	-0.58	0.63	0.85
Total Debt/Mcap(x)	0.1	0.23	0.06	0.04	0.11

Aditya Birla Fashion Shareholding Pattern

#	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023
Promoter	56.1	56.12	56.13	56.12	56.09	56.09	56.08	55.47	55.47	55.47
FII	13.95	13.91	13.83	13.51	13.18	13.23	14.14	14.59	14.39	13.93
DII	18.07	17.02	18.18	19.15	19.91	19.98	19.39	19.07	18.85	17.14
Public	11.87	12.95	11.86	11.21	10.82	10.7	10.39	10.87	11.29	13.46
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023
Promoter	52.61	52.61	52.63	52.63	52.63	52.63	52.63	52.63	52.63	52.63
FII	13.09	13.04	12.96	12.67	12.36	12.42	13.27	13.84	13.66	13.22
DII	16.95	15.96	17.05	17.96	18.69	18.75	18.2	18.09	17.88	16.26
Public	11.14	12.14	11.12	10.52	10.15	10.04	9.75	10.32	10.71	12.78
Others	0	0	0	0	0	0	0	0	0	0
Total	93.79	93.76	93.76	93.78	93.83	93.84	93.85	94.87	94.88	94.88

Pros

Debtor days have improved from 272.9 to 238.54days.

Cons

Company has a low return on equity of -16% over the last 3 years.
Stock is trading at 7.6 times its book value.

* 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.