| Revenue growth | Consolidated +2% Q2; +6% H1 |
|---|---|
| Margins | EBITDA margin 3.3% Q2 vs 5.9%; H1 5.7% vs 7.5% |
| Demand visibility | Early festive trends robust; Onam, Pujo encouraging |
| Management confidence | Positive on festive start; no numeric guidance |
Growth
H1 revenue Rs 4056 Cr (+6%), EBITDA Rs 233 Cr (-18%). Q2: Luxury +11%, TMRW +10%, Ethnic +12% ex-TCNS, Pantaloons flat.
Outlook
No numeric guidance given. Management cites robust early festive trends (Onam, Pujo); 80+ H1 store additions; premium ethnic brands being consolidated.
Risks
Negative operating leverage from festive shift; net debt Rs 1209 Cr (Rs 149 Cr Mar-26); input cost inflation; Pantaloons Q2 LTL -7%.
Last quarter's promises, checked
Partly delivered
- ~35-40 new stores for rest of FY → ~35 added in Q2 (80+ H1 less 45+ Q1), H2 pending (= PARTIAL)
Missed
- FY27 annual losses to narrow (Q1 loss 249 vs 234 LY) → Q2 PAT loss 376 vs 295 LY, H1 loss 625 (= MISS)
- TMRW FY27 revenue growth 20%+ → Q2 +10%, Q1 primary +11% (= MISS)
- Pantaloons annual LTL high single digit → Q2 LTL -7%, Q1 +4% (= MISS)
Investor Presentation filed with NSE, NSE: ABFRL. Summary written with AI assistance from the document.
Aditya Birla Fashion and Retail Ltd: key numbers
- Share price
- ₹41.78
- Market cap
- ₹5,099 Cr
- Revenue (annual)
- ₹8,177 Cr
- Net profit (annual)
- ₹-775.9 Cr
- P/E (TTM)
- -6.5×Sector 64.0×
- Promoter holding
- 46.61%+0.00% QoQ
- FII holding
- 10.11%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Aditya Birla Fashion and Retail Ltd
All →Aditya Birla Fashion and Retail Other Announcement
Aditya Birla Fashion filed a monitoring agency report for the quarter ended 30 September 2026. It shows no deviation in utilisation of rights issue proceeds.
Aditya Birla Fashion and Retail Results Update
ABFRL's Q2 FY27 revenue rose 2% to Rs 2,030 Crore, but EBITDA fell 43% amid a festive date shift. Press release accompanies unaudited quarter results.
Aditya Birla Fashion and Retail Q2 FY27 Results: Net Loss of ₹376.4 Cr, Loss Widens
Aditya Birla Fashion and Retail Ltd reported revenue from operations of ₹2,030 Cr (+2.4% YoY) and a net loss of ₹376.4 Cr for Q2 FY27.
- Key figure
- Net loss ₹376.4 Cr
Aditya Birla Fashion and Retail Employee Stock Options
ABFRL's postal ballot passed two special resolutions adopting the ABFRL ESOP Scheme 2026 and extending it to subsidiary employees. Both cleared with over 96% of votes polled.
Aditya Birla Fashion and Retail Annual General Meeting
Aditya Birla Fashion shareholders approved the ABFRL ESOP Scheme 2026 via postal ballot. Both resolutions passed with about 96.7% votes in favour.
Aditya Birla Fashion and Retail Board Meeting Date
ABFRL's Board is scheduled for November 5, 2026, to approve Q2 and H1 FY27 unaudited results. An earnings call follows on November 6, 2026.