Aditya Birla Fashion and Retail Ltd.
•₹ 54.35-0.73%
2026-08-21
PROS
- Working capital cycle has improved - days down from 98 to 49
- Company maintains a comfortable, low leverage position
CONS
- Company is loss-making at the operating / net level
- Company has a low return on equity of -17.3% over last 3 years
- Company has a low return on capital employed of -4.2%
- Promoter holding has decreased over last 2 years: -5.4pp
- Interest coverage is weak at -0.7x - earnings barely cover interest
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -1.35x)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | DMART | 3979.55 | 84.88 | 259564.55 | 0.00 | 860.44 | 11.34 | 18794.53 | 14.88 | 18.03 | 7.98 |
| 2. | TRENT | 2944.00 | 86.78 | 156983.37 | 0.14 | 518.07 | 21.98 | 5754.71 | 17.84 | 36.73 | 19.45 |
| 3. | VMM | 103.40 | 54.31 | 48440.92 | 0.00 | 258.77 | 25.57 | 3727.01 | 18.68 | 17.13 | 14.61 |
| 4. | METROBRAND | 924.05 | 61.97 | 25186.40 | 0.32 | 95.26 | -3.58 | 720.36 | 14.66 | 33.25 | 29.85 |
| 5. | ABLBL | 86.92 | 60.28 | 10608.77 | 0.58 | 29.02 | 20.62 | 2045.74 | 11.15 | 27.34 | 15.06 |
| 6. | PNGJL | 603.90 | 19.94 | 8889.56 | 0.00 | 105.33 | 51.91 | 2412.98 | 40.73 | 20.40 | 7.56 |
| 7. | V2RETAIL | 220.00 | 44.90 | 8022.03 | 0.00 | 41.85 | 69.70 | 997.20 | 57.73 | 38.43 | 13.99 |
| 8. | AVL | 605.70 | 0.00 | 7821.89 | 0.21 | 77.22 | 39.99 | 1192.68 | 26.85 | 20.82 | 10.44 |
| 9. | MEDPLUS | 649.85 | 37.09 | 7807.11 | 0.00 | 33.17 | -21.67 | 1879.60 | 21.84 | 22.22 | 7.09 |
| 10. | ETHOSLTD | 2904.30 | 74.81 | 7771.24 | 0.00 | 28.66 | 50.71 | 461.71 | 33.32 | 13.70 | 12.97 |
| 11. | EMIL | 191.15 | 35.67 | 7354.47 | 0.00 | 120.64 | 458.07 | 2418.95 | 39.07 | 14.49 | 9.88 |
| 12. | ABFRL | 54.32 | 0.00 | 6629.96 | 0.00 | -248.73 | -6.42 | 2025.56 | 10.60 | -4.59 | 5.46 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,196 | 3,226 | 4,167 | 1,575 | 1,674 | 1,761 | 2,201 | 1,719 | 1,831 | 1,982 | 2,374 | 1,990 | 2,026 | |
| 2,904 | 2,903 | 3,613 | 1,540 | 1,585 | 1,680 | 1,899 | 1,515 | 1,720 | 1,913 | 2,065 | 1,793 | 2,395 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 60 | 46 | 44 | 57 | 34 | 31 | 35 | 96 | 64 | 55 | 68 | 124 | 56 |
| Interest | 187 | 208 | 245 | 152 | 132 | 141 | 151 | 143 | 113 | 124 | 132 | 146 | 137 |
| Depreciation | 367 | 389 | 444 | 287 | 274 | 286 | 296 | 315 | 316 | 325 | 350 | 349 | 350 |
| -202 | -228 | -92 | -347 | -282 | -155 | -110 | -157 | -254 | -326 | -134 | -185 | -320 | |
| Tax % | 19.68% | 12.37% | -24.62% | 15.67% | 15.88% | 26.99% | 15.15% | -5.13% | 10.16% | 11.65% | 2.65% | 16.70% | 22.33% |
| Net Profit | 0 | 0 | 0 | 0 | -215 | -2,147 | -424 | -236 | -234 | -295 | -137 | -164 | -249 |
| -1 | -2 | -1 | -3 | -2 | -1 | -1 | -1 | -2 | -2 | -1 | -1 | -0 | |
| Equity Capital | 949 | 949 | 949 | 1,015 | 1,015 | 1,071 | 1,071 | 1,220 | 1,220 | 1,220 | 1,221 | 1,221 | 1,221 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 949 | 949 | 949 | 1,015 | 1,015 | 1,071 | 1,071 | 1,220 | 1,220 | 1,220 | 1,221 | 1,221 | 1,221 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 3,196
- 2,904
- Operating Profit
- —
- OPM %
- —
- Other Income
- 60
- Interest
- 187
- Depreciation
- 367
- -202
- Tax %
- 19.68%
- Net Profit
- 0
- -1
- Equity Capital
- 949
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 949
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 3,226
- 2,903
- Operating Profit
- —
- OPM %
- —
- Other Income
- 46
- Interest
- 208
- Depreciation
- 389
- -228
- Tax %
- 12.37%
- Net Profit
- 0
- -2
- Equity Capital
- 949
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 949
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 4,167
- 3,613
- Operating Profit
- —
- OPM %
- —
- Other Income
- 44
- Interest
- 245
- Depreciation
- 444
- -92
- Tax %
- -24.62%
- Net Profit
- 0
- -1
- Equity Capital
- 949
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 949
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,575
- 1,540
- Operating Profit
- —
- OPM %
- —
- Other Income
- 57
- Interest
- 152
- Depreciation
- 287
- -347
- Tax %
- 15.67%
- Net Profit
- 0
- -3
- Equity Capital
- 1,015
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 1,015
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,674
- 1,585
- Operating Profit
- —
- OPM %
- —
- Other Income
- 34
- Interest
- 132
- Depreciation
- 274
- -282
- Tax %
- 15.88%
- Net Profit
- -215
- -2
- Equity Capital
- 1,015
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 1,015
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,761
- 1,680
- Operating Profit
- —
- OPM %
- —
- Other Income
- 31
- Interest
- 141
- Depreciation
- 286
- -155
- Tax %
- 26.99%
- Net Profit
- -2,147
- -1
- Equity Capital
- 1,071
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 1,071
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 2,201
- 1,899
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 151
- Depreciation
- 296
- -110
- Tax %
- 15.15%
- Net Profit
- -424
- -1
- Equity Capital
- 1,071
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 1,071
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,719
- 1,515
- Operating Profit
- —
- OPM %
- —
- Other Income
- 96
- Interest
- 143
- Depreciation
- 315
- -157
- Tax %
- -5.13%
- Net Profit
- -236
- -1
- Equity Capital
- 1,220
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 1,220
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,831
- 1,720
- Operating Profit
- —
- OPM %
- —
- Other Income
- 64
- Interest
- 113
- Depreciation
- 316
- -254
- Tax %
- 10.16%
- Net Profit
- -234
- -2
- Equity Capital
- 1,220
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 1,220
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,982
- 1,913
- Operating Profit
- —
- OPM %
- —
- Other Income
- 55
- Interest
- 124
- Depreciation
- 325
- -326
- Tax %
- 11.65%
- Net Profit
- -295
- -2
- Equity Capital
- 1,220
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 1,220
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 2,374
- 2,065
- Operating Profit
- —
- OPM %
- —
- Other Income
- 68
- Interest
- 132
- Depreciation
- 350
- -134
- Tax %
- 2.65%
- Net Profit
- -137
- -1
- Equity Capital
- 1,221
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 1,221
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,990
- 1,793
- Operating Profit
- —
- OPM %
- —
- Other Income
- 124
- Interest
- 146
- Depreciation
- 349
- -185
- Tax %
- 16.70%
- Net Profit
- -164
- -1
- Equity Capital
- 1,221
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 1,221
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 2,026
- 2,395
- Operating Profit
- —
- OPM %
- —
- Other Income
- 56
- Interest
- 137
- Depreciation
- 350
- -320
- Tax %
- 22.33%
- Net Profit
- -249
- -0
- Equity Capital
- 1,221
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 1,221
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 8,118 | 8,788 | 5,249 | 8,136 | 12,418 | 6,441 | 7,355 | 8,177 | 8,371 | |
| 7,541 | 7,531 | 4,667 | 6,998 | 10,861 | 6,035 | 6,638 | 7,445 | 8,166 | |
| Operating Profit | 656 | 1,322 | 656 | 1,239 | 1,674 | 544 | 912 | 1,041 | — |
| OPM % | 8 | 15 | 12 | 15 | 13 | 8 | 12 | 13 | — |
| Other Income | 80 | 65 | 73 | 101 | 116 | 138 | 196 | 310 | 302 |
| Interest | 225 | 469 | 530 | 389 | 536 | 588 | 608 | 561 | 539 |
| Depreciation | 282 | 885 | 963 | 997 | 1,227 | 1,017 | 1,166 | 1,339 | 1,374 |
| 149 | -33 | -838 | -145 | -82 | -1,048 | -718 | -928 | -965 | |
| Tax % | -115 | -402 | 12 | 18 | 28 | 13 | 13 | 11 | 15 |
| Net Profit | 321 | -165 | -736 | -118 | -59 | -907 | -624 | -830 | -821 |
| EPS | 4 | -2 | -8 | -1 | -0 | -6 | -3 | -6 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 2 | 63 | 10 | 23 | 108 | 80 | 54 | -36 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -30 |
| Adjusted EPS | 4 | -2 | -7 | -1 | -0 | -6 | -3 | -6 | — |
| Minority Interest | 0 | 2 | 63 | 10 | 23 | 108 | 80 | 54 | -36 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -30 |
| Adjusted EPS | 4 | -2 | -7 | -1 | -0 | -6 | -3 | -6 | — |
Mar 2019
- 8,118
- 7,541
- Operating Profit
- 656
- OPM %
- 8
- Other Income
- 80
- Interest
- 225
- Depreciation
- 282
- 149
- Tax %
- -115
- Net Profit
- 321
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2020
- 8,788
- 7,531
- Operating Profit
- 1,322
- OPM %
- 15
- Other Income
- 65
- Interest
- 469
- Depreciation
- 885
- -33
- Tax %
- -402
- Net Profit
- -165
- EPS
- -2
- Dividend Payout %
- 0
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- -2
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- -2
Mar 2021
- 5,249
- 4,667
- Operating Profit
- 656
- OPM %
- 12
- Other Income
- 73
- Interest
- 530
- Depreciation
- 963
- -838
- Tax %
- 12
- Net Profit
- -736
- EPS
- -8
- Dividend Payout %
- 0
- Minority Interest
- 63
- Share of Associates
- 0
- Adjusted EPS
- -7
- Minority Interest
- 63
- Share of Associates
- 0
- Adjusted EPS
- -7
Mar 2022
- 8,136
- 6,998
- Operating Profit
- 1,239
- OPM %
- 15
- Other Income
- 101
- Interest
- 389
- Depreciation
- 997
- -145
- Tax %
- 18
- Net Profit
- -118
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 10
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 10
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2023
- 12,418
- 10,861
- Operating Profit
- 1,674
- OPM %
- 13
- Other Income
- 116
- Interest
- 536
- Depreciation
- 1,227
- -82
- Tax %
- 28
- Net Profit
- -59
- EPS
- -0
- Dividend Payout %
- 0
- Minority Interest
- 23
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 23
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2024
- 6,441
- 6,035
- Operating Profit
- 544
- OPM %
- 8
- Other Income
- 138
- Interest
- 588
- Depreciation
- 1,017
- -1,048
- Tax %
- 13
- Net Profit
- -907
- EPS
- -6
- Dividend Payout %
- 0
- Minority Interest
- 108
- Share of Associates
- 0
- Adjusted EPS
- -6
- Minority Interest
- 108
- Share of Associates
- 0
- Adjusted EPS
- -6
Mar 2025
- 7,355
- 6,638
- Operating Profit
- 912
- OPM %
- 12
- Other Income
- 196
- Interest
- 608
- Depreciation
- 1,166
- -718
- Tax %
- 13
- Net Profit
- -624
- EPS
- -3
- Dividend Payout %
- 0
- Minority Interest
- 80
- Share of Associates
- 0
- Adjusted EPS
- -3
- Minority Interest
- 80
- Share of Associates
- 0
- Adjusted EPS
- -3
Mar 2026
- 8,177
- 7,445
- Operating Profit
- 1,041
- OPM %
- 13
- Other Income
- 310
- Interest
- 561
- Depreciation
- 1,339
- -928
- Tax %
- 11
- Net Profit
- -830
- EPS
- -6
- Dividend Payout %
- 0
- Minority Interest
- 54
- Share of Associates
- 0
- Adjusted EPS
- -6
- Minority Interest
- 54
- Share of Associates
- 0
- Adjusted EPS
- -6
TTM
- 8,371
- 8,166
- Operating Profit
- —
- OPM %
- —
- Other Income
- 302
- Interest
- 539
- Depreciation
- 1,374
- -965
- Tax %
- 15
- Net Profit
- -821
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -36
- Share of Associates
- -30
- Adjusted EPS
- —
- Minority Interest
- -36
- Share of Associates
- -30
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 9%
- 3 Years:
- -13%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- -10%
- 5 Years:
- -23%
- 3 Years:
- -37%
- 1 Year:
- -28%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- -12%
- 3 Years:
- -17%
- Last Year:
- -13%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - |
| Equity Capital | 773 | 774 | 915 | 938 | 949 | 1,015 | 1,220 | 1,221 |
| 628 | 250 | 1,681 | 1,775 | 1,852 | 2,928 | 5,551 | 4,568 | |
| 478 | 1,516 | 14 | 10 | 462 | 1,608 | 339 | 455 | |
| Trade Payables | 2,397 | 2,290 | 2,152 | 3,411 | 3,846 | 4,131 | 2,133 | 2,353 |
| 2,081 | 4,741 | 5,165 | 5,893 | 9,523 | 12,108 | 7,151 | 8,798 | |
| Total Liabilities | 6,358 | 9,571 | 9,927 | 12,026 | 16,633 | 21,790 | 16,394 | 17,395 |
| ASSETS | - | - | - | - | - | - | - | - |
| 2,555 | 4,940 | 5,625 | 6,057 | 8,356 | 11,875 | 9,414 | 10,373 | |
| Capital Work in Progress | 22 | 44 | 38 | 103 | 146 | 171 | 181 | 88 |
| 4 | 14 | 418 | 684 | 267 | 985 | 1,749 | 1,240 | |
| 1,921 | 2,367 | 1,847 | 2,930 | 4,214 | 4,505 | 2,454 | 2,828 | |
| 0 | 0 | 0 | 0 | 0 | 1,283 | 373 | 407 | |
| Cash & Bank | 57 | 267 | 262 | 121 | 701 | 462 | 773 | 481 |
| 1,797 | 1,939 | 1,738 | 2,132 | 2,949 | 2,509 | 1,449 | 1,978 | |
| Total Assets | 6,358 | 9,571 | 9,927 | 12,026 | 16,633 | 21,790 | 16,394 | 17,395 |
| Total Debt | 1,703 | 2,783 | 1,136 | 1,232 | 2,306 | 4,205 | 1,548 | 1,826 |
| Net Working Capital | -709 | -1,540 | -322 | -453 | 17 | 67 | 2,142 | 1,188 |
| Contingent Liabilities | 45 | 50 | 50 | 101 | 71 | 96 | 88 | 83 |
| Book Value per Share | 18.12 | 13.23 | 28.37 | 28.92 | 29.52 | 38.85 | 55.49 | 47.43 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 1,703 | 2,783 | 1,136 | 1,232 | 2,306 | 4,205 | 1,548 | 1,826 |
| Net Working Capital | -709 | -1,540 | -322 | -453 | 17 | 67 | 2,142 | 1,188 |
| Contingent Liabilities | 45 | 50 | 50 | 101 | 71 | 96 | 88 | 83 |
| Book Value per Share | 18.12 | 13.23 | 28.37 | 28.92 | 29.52 | 38.85 | 55.49 | 47.43 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2019
- Equity Capital
- 773
- 628
- 478
- Trade Payables
- 2,397
- 2,081
- Total Liabilities
- 6,358
- 2,555
- Capital Work in Progress
- 22
- 4
- 1,921
- 0
- Cash & Bank
- 57
- 1,797
- Total Assets
- 6,358
- Total Debt
- 1,703
- Net Working Capital
- -709
- Contingent Liabilities
- 45
- Book Value per Share
- 18.12
- Face Value
- 10.00
- Total Debt
- 1,703
- Net Working Capital
- -709
- Contingent Liabilities
- 45
- Book Value per Share
- 18.12
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 774
- 250
- 1,516
- Trade Payables
- 2,290
- 4,741
- Total Liabilities
- 9,571
- 4,940
- Capital Work in Progress
- 44
- 14
- 2,367
- 0
- Cash & Bank
- 267
- 1,939
- Total Assets
- 9,571
- Total Debt
- 2,783
- Net Working Capital
- -1,540
- Contingent Liabilities
- 50
- Book Value per Share
- 13.23
- Face Value
- 10.00
- Total Debt
- 2,783
- Net Working Capital
- -1,540
- Contingent Liabilities
- 50
- Book Value per Share
- 13.23
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 915
- 1,681
- 14
- Trade Payables
- 2,152
- 5,165
- Total Liabilities
- 9,927
- 5,625
- Capital Work in Progress
- 38
- 418
- 1,847
- 0
- Cash & Bank
- 262
- 1,738
- Total Assets
- 9,927
- Total Debt
- 1,136
- Net Working Capital
- -322
- Contingent Liabilities
- 50
- Book Value per Share
- 28.37
- Face Value
- 10.00
- Total Debt
- 1,136
- Net Working Capital
- -322
- Contingent Liabilities
- 50
- Book Value per Share
- 28.37
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 938
- 1,775
- 10
- Trade Payables
- 3,411
- 5,893
- Total Liabilities
- 12,026
- 6,057
- Capital Work in Progress
- 103
- 684
- 2,930
- 0
- Cash & Bank
- 121
- 2,132
- Total Assets
- 12,026
- Total Debt
- 1,232
- Net Working Capital
- -453
- Contingent Liabilities
- 101
- Book Value per Share
- 28.92
- Face Value
- 10.00
- Total Debt
- 1,232
- Net Working Capital
- -453
- Contingent Liabilities
- 101
- Book Value per Share
- 28.92
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 949
- 1,852
- 462
- Trade Payables
- 3,846
- 9,523
- Total Liabilities
- 16,633
- 8,356
- Capital Work in Progress
- 146
- 267
- 4,214
- 0
- Cash & Bank
- 701
- 2,949
- Total Assets
- 16,633
- Total Debt
- 2,306
- Net Working Capital
- 17
- Contingent Liabilities
- 71
- Book Value per Share
- 29.52
- Face Value
- 10.00
- Total Debt
- 2,306
- Net Working Capital
- 17
- Contingent Liabilities
- 71
- Book Value per Share
- 29.52
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 1,015
- 2,928
- 1,608
- Trade Payables
- 4,131
- 12,108
- Total Liabilities
- 21,790
- 11,875
- Capital Work in Progress
- 171
- 985
- 4,505
- 1,283
- Cash & Bank
- 462
- 2,509
- Total Assets
- 21,790
- Total Debt
- 4,205
- Net Working Capital
- 67
- Contingent Liabilities
- 96
- Book Value per Share
- 38.85
- Face Value
- 10.00
- Total Debt
- 4,205
- Net Working Capital
- 67
- Contingent Liabilities
- 96
- Book Value per Share
- 38.85
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 1,220
- 5,551
- 339
- Trade Payables
- 2,133
- 7,151
- Total Liabilities
- 16,394
- 9,414
- Capital Work in Progress
- 181
- 1,749
- 2,454
- 373
- Cash & Bank
- 773
- 1,449
- Total Assets
- 16,394
- Total Debt
- 1,548
- Net Working Capital
- 2,142
- Contingent Liabilities
- 88
- Book Value per Share
- 55.49
- Face Value
- 10.00
- Total Debt
- 1,548
- Net Working Capital
- 2,142
- Contingent Liabilities
- 88
- Book Value per Share
- 55.49
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 1,221
- 4,568
- 455
- Trade Payables
- 2,353
- 8,798
- Total Liabilities
- 17,395
- 10,373
- Capital Work in Progress
- 88
- 1,240
- 2,828
- 407
- Cash & Bank
- 481
- 1,978
- Total Assets
- 17,395
- Total Debt
- 1,826
- Net Working Capital
- 1,188
- Contingent Liabilities
- 83
- Book Value per Share
- 47.43
- Face Value
- 10.00
- Total Debt
- 1,826
- Net Working Capital
- 1,188
- Contingent Liabilities
- 83
- Book Value per Share
- 47.43
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 528 | 644 | 1,104 | 951 | 636 | 1,341 | 1,681 | 161 | |
| Cash from Investing | -277 | -551 | -855 | -553 | -387 | -2,992 | -1,612 | -267 |
| Cash from Financing | -266 | 116 | -269 | -526 | 326 | 1,412 | 296 | -594 |
| -15 | 210 | -21 | -128 | 574 | -239 | 366 | -700 | |
| Free Cash Flow | 528 | -2,479 | -358 | -341 | -2,503 | -3,185 | 1,681 | -1,863 |
| OCF / Net Profit | 1.64 | -3.90 | -1.50 | -8.03 | -10.70 | -1.48 | -2.69 | -0.19 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -8,865 | -4,705 | -6,210 |
| OCF / Net Profit | 1.64 | -3.90 | -1.50 | -8.03 | -10.70 | -1.48 | -2.69 | -0.19 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -8,865 | -4,705 | -6,210 |
Mar 2019
- 528
- Cash from Investing
- -277
- Cash from Financing
- -266
- -15
- Free Cash Flow
- 528
- OCF / Net Profit
- 1.64
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.64
- Cumulative 5-Year FCF
- 0
Mar 2020
- 644
- Cash from Investing
- -551
- Cash from Financing
- 116
- 210
- Free Cash Flow
- -2,479
- OCF / Net Profit
- -3.90
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -3.90
- Cumulative 5-Year FCF
- 0
Mar 2021
- 1,104
- Cash from Investing
- -855
- Cash from Financing
- -269
- -21
- Free Cash Flow
- -358
- OCF / Net Profit
- -1.50
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.50
- Cumulative 5-Year FCF
- 0
Mar 2022
- 951
- Cash from Investing
- -553
- Cash from Financing
- -526
- -128
- Free Cash Flow
- -341
- OCF / Net Profit
- -8.03
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -8.03
- Cumulative 5-Year FCF
- 0
Mar 2023
- 636
- Cash from Investing
- -387
- Cash from Financing
- 326
- 574
- Free Cash Flow
- -2,503
- OCF / Net Profit
- -10.70
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -10.70
- Cumulative 5-Year FCF
- 0
Mar 2024
- 1,341
- Cash from Investing
- -2,992
- Cash from Financing
- 1,412
- -239
- Free Cash Flow
- -3,185
- OCF / Net Profit
- -1.48
- Cumulative 5-Year FCF
- -8,865
- OCF / Net Profit
- -1.48
- Cumulative 5-Year FCF
- -8,865
Mar 2025
- 1,681
- Cash from Investing
- -1,612
- Cash from Financing
- 296
- 366
- Free Cash Flow
- 1,681
- OCF / Net Profit
- -2.69
- Cumulative 5-Year FCF
- -4,705
- OCF / Net Profit
- -2.69
- Cumulative 5-Year FCF
- -4,705
Mar 2026
- 161
- Cash from Investing
- -267
- Cash from Financing
- -594
- -700
- Free Cash Flow
- -1,863
- OCF / Net Profit
- -0.19
- Cumulative 5-Year FCF
- -6,210
- OCF / Net Profit
- -0.19
- Cumulative 5-Year FCF
- -6,210
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - |
| EPS (₹) | 4.15 | -2.11 | -7.35 | -1.16 | -0.38 | -6.19 | -3.08 | -6.36 |
| Book Value (₹) | 18.12 | 13.23 | 28.37 | 28.92 | 29.52 | 38.85 | 55.49 | 47.43 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 7.80 | 9.31 | 2.48 | 9.36 | 12.31 | 1.08 | 4.44 | 4.18 |
| PROFITABILITY | - | - | - | - | - | - | - | - |
| Operating Margin % | 7.12% | 13.44% | 10.73% | 13.17% | 11.75% | 5.89% | 8.99% | 8.33% |
| Net Margin % | 3.49% | -1.68% | -12.04% | -1.26% | -0.42% | -13.15% | -7.83% | -9.46% |
| ROE % | 22.93% | -13.61% | -40.66% | -4.46% | -2.16% | -26.90% | -11.65% | -13.22% |
| ROCE % | 11.93% | 12.51% | -8.06% | 6.28% | 9.40% | -6.63% | -1.34% | -4.59% |
| 5.05% | -2.07% | -7.55% | -1.08% | -0.42% | -4.72% | -3.27% | -4.91% | |
| EFFICIENCY | - | - | - | - | - | - | - | - |
| Debtor Days | 31 | 30 | 43 | 26 | 21 | 57 | 38 | 16 |
| Inventory Days | 76 | 80 | 126 | 93 | 92 | 231 | 159 | 110 |
| Payable Days | 223 | 203 | 316 | 273 | 239 | 471 | 360 | 236 |
| -116 | -93 | -147 | -154 | -126 | -183 | -162 | -110 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.22x | 2.72x | 0.44x | 0.45x | 0.82x | 1.07x | 0.23x | 0.32x |
| Interest Coverage (x) | 1.66x | 0.93x | -0.58x | 0.63x | 0.85x | -0.78x | -0.18x | -0.66x |
| 0.83x | 0.73x | 0.92x | 0.92x | 1.00x | 1.01x | 1.55x | 1.25x | |
| GROWTH | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 8.26% | -40.27% | 55.01% | 52.62% | -48.13% | 14.18% | 11.18% |
| Operating Profit Growth % | 0.00% | 101.48% | -50.40% | 88.98% | 35.09% | -67.51% | 67.76% | 14.12% |
| Net Profit Growth % | 0.00% | -151.37% | -346.01% | 83.92% | 49.75% | -1425.17% | 31.18% | -32.96% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -1530.81% | 50.22% | -106.41% | |
| VALUATION | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.29x | 4.62x | 1.14x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 45.24x | 35.11x | 7.61x |
Mar 2019
- EPS (₹)
- 4.15
- Book Value (₹)
- 18.12
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.80
- Operating Margin %
- 7.12%
- Net Margin %
- 3.49%
- ROE %
- 22.93%
- ROCE %
- 11.93%
- 5.05%
- Debtor Days
- 31
- Inventory Days
- 76
- Payable Days
- 223
- -116
- Debt to Equity (x)
- 1.22x
- Interest Coverage (x)
- 1.66x
- 0.83x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -2.11
- Book Value (₹)
- 13.23
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.31
- Operating Margin %
- 13.44%
- Net Margin %
- -1.68%
- ROE %
- -13.61%
- ROCE %
- 12.51%
- -2.07%
- Debtor Days
- 30
- Inventory Days
- 80
- Payable Days
- 203
- -93
- Debt to Equity (x)
- 2.72x
- Interest Coverage (x)
- 0.93x
- 0.73x
- Revenue Growth %
- 8.26%
- Operating Profit Growth %
- 101.48%
- Net Profit Growth %
- -151.37%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -7.35
- Book Value (₹)
- 28.37
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.48
- Operating Margin %
- 10.73%
- Net Margin %
- -12.04%
- ROE %
- -40.66%
- ROCE %
- -8.06%
- -7.55%
- Debtor Days
- 43
- Inventory Days
- 126
- Payable Days
- 316
- -147
- Debt to Equity (x)
- 0.44x
- Interest Coverage (x)
- -0.58x
- 0.92x
- Revenue Growth %
- -40.27%
- Operating Profit Growth %
- -50.40%
- Net Profit Growth %
- -346.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -1.16
- Book Value (₹)
- 28.92
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.36
- Operating Margin %
- 13.17%
- Net Margin %
- -1.26%
- ROE %
- -4.46%
- ROCE %
- 6.28%
- -1.08%
- Debtor Days
- 26
- Inventory Days
- 93
- Payable Days
- 273
- -154
- Debt to Equity (x)
- 0.45x
- Interest Coverage (x)
- 0.63x
- 0.92x
- Revenue Growth %
- 55.01%
- Operating Profit Growth %
- 88.98%
- Net Profit Growth %
- 83.92%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- -0.38
- Book Value (₹)
- 29.52
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 12.31
- Operating Margin %
- 11.75%
- Net Margin %
- -0.42%
- ROE %
- -2.16%
- ROCE %
- 9.40%
- -0.42%
- Debtor Days
- 21
- Inventory Days
- 92
- Payable Days
- 239
- -126
- Debt to Equity (x)
- 0.82x
- Interest Coverage (x)
- 0.85x
- 1.00x
- Revenue Growth %
- 52.62%
- Operating Profit Growth %
- 35.09%
- Net Profit Growth %
- 49.75%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- -6.19
- Book Value (₹)
- 38.85
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.08
- Operating Margin %
- 5.89%
- Net Margin %
- -13.15%
- ROE %
- -26.90%
- ROCE %
- -6.63%
- -4.72%
- Debtor Days
- 57
- Inventory Days
- 231
- Payable Days
- 471
- -183
- Debt to Equity (x)
- 1.07x
- Interest Coverage (x)
- -0.78x
- 1.01x
- Revenue Growth %
- -48.13%
- Operating Profit Growth %
- -67.51%
- Net Profit Growth %
- -1425.17%
- -1530.81%
- P/E (x)
- 0.00x
- P/B (x)
- 5.29x
- Dividend Yield %
- 0.00%
- 45.24x
Mar 2025
- EPS (₹)
- -3.08
- Book Value (₹)
- 55.49
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.44
- Operating Margin %
- 8.99%
- Net Margin %
- -7.83%
- ROE %
- -11.65%
- ROCE %
- -1.34%
- -3.27%
- Debtor Days
- 38
- Inventory Days
- 159
- Payable Days
- 360
- -162
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- -0.18x
- 1.55x
- Revenue Growth %
- 14.18%
- Operating Profit Growth %
- 67.76%
- Net Profit Growth %
- 31.18%
- 50.22%
- P/E (x)
- 0.00x
- P/B (x)
- 4.62x
- Dividend Yield %
- 0.00%
- 35.11x
Mar 2026
- EPS (₹)
- -6.36
- Book Value (₹)
- 47.43
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.18
- Operating Margin %
- 8.33%
- Net Margin %
- -9.46%
- ROE %
- -13.22%
- ROCE %
- -4.59%
- -4.91%
- Debtor Days
- 16
- Inventory Days
- 110
- Payable Days
- 236
- -110
- Debt to Equity (x)
- 0.32x
- Interest Coverage (x)
- -0.66x
- 1.25x
- Revenue Growth %
- 11.18%
- Operating Profit Growth %
- 14.12%
- Net Profit Growth %
- -32.96%
- -106.41%
- P/E (x)
- 0.00x
- P/B (x)
- 1.14x
- Dividend Yield %
- 0.00%
- 7.61x
Documents
Announcements
- General Updates
2026-08-14 - Aditya Birla Fashion and Retail Limited has informed the Exchange about Shareholding increase in step-down subsidiary - Pratyaya E-Commerce Private Limited
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-13 - Aditya Birla Fashion and Retail Limited has informed the Exchange about Transcript
Annual Reports
Credit Ratings
- Credit Rating
2026-04-23 - Aditya Birla Fashion and Retail Limited has informed the Exchange about Credit Rating
Concalls
Aug 2026
May 2026
Feb 2026