Aditya Birla Fashion And Retail Limited
ABFRL is the apparel retail venture of the Aditya Birla group, which merged the Madura division (formerly, a division of Aditya Birla Nuvo Ltd) with the erstwhile PFRL on January 9, 2016, with appointed date of April 1, 2015. PFRL was renamed ABFRL a...
Key Metrics
EPS
-0.38
Current ratio
1.00
Debt/Equity
2.40
Debt/EBITDA
4.77
Interest coverage ratio
0.85
Operating Cashflow to total debt
0.08
Financials
Pros & Cons
Exclusive on TAP Bonds
Here's what we like about this company and potential risks we have identified.
Pros
Strong business risk profile backed by the apparel brands in the Madura division and robust value proposition of the Pantaloons division
Robust management and experience of the Aditya Birla group
Strong financial flexibility
Liquidity: Strong
Cons
Intensifying competition for the apparel retail sector in India
Moderation in the financial position owing to expansion and acquisitions
Susceptibility to economic downturns
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About Aditya Birla Fashion And Retail Limited bond.
This comprehensive profile covers key factual information about Aditya Birla Fashion And Retail Limited. ABFRL is the apparel retail venture of the Aditya Birla group, which merged the Madura division (formerly, a division of Aditya Birla Nuvo Ltd) with the erstwhile PFRL on January 9, 2016, with appointed date of April 1, 2015. PFRL was renamed ABFRL after the merger. The Madura division holds leading brands while departmental stores are under Pantaloons. ABFRL acquired Forever 21 in India in 2016 to scale its fast fashion segment. As of March 2023, the company operated retail area of 10.8 million sq ft, with 3,546 brand outlets and 431 Pantaloons stores. EPS in Mar-2024 was -0.38. Current ratio in Mar-2024 was 1.00. Debt/Equity in Mar-2024 was 2.40. Debt/EBITDA in Mar-2024 was 4.77. Interest coverage ratio in Mar-2024 was 0.85. Operating Cashflow to total debt in Mar-2024 was 0.08. Total revenue for March-2024 was ₹14,246.19. Net income for March-2024 stood at ₹-628.02. Total assets as of Mar-2024 were ₹21,753.86. Operating cash flow for Mar-2024 was ₹1,341.40. The company’s borrowing relationships include BNP Paribas Bank (₹N/A Cr), The Federal Bank Limited (₹N/A Cr), ICICI Bank Limited (₹N/A Cr), Emirates NBD Bank PJSC (₹N/A Cr), HDFC Bank Limited (₹N/A Cr), Kotak Mahindra Bank Limited (₹N/A Cr), Axis Bank Limited (₹N/A Cr), State Bank of India (₹N/A Cr), The Federal Bank Limited (₹N/A Cr), Axis Bank Limited (₹N/A Cr), Axis Bank Limited (₹N/A Cr), HDFC Bank Limited (₹N/A Cr), The Federal Bank Limited (₹N/A Cr), Kotak Mahindra Bank Limited (₹N/A Cr), ICICI Bank Limited (₹N/A Cr), Axis Bank Limited (₹N/A Cr), HDFC Bank Limited (₹N/A Cr), ICICI Bank Limited (₹N/A Cr), (₹N/A Cr). Peers and comparison entities consist of Aditya Birla Fashion And Retail Limited, Trent Limited, Brainbees Solutions Limited. As of Jan 2025, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Strong business risk profile backed by the apparel brands in the Madura division and robust value proposition of the Pantaloons division; Robust management and experience of the Aditya Birla group; Strong financial flexibility; Liquidity: Strong. Key risks include: Intensifying competition for the apparel retail sector in India; Moderation in the financial position owing to expansion and acquisitions; Susceptibility to economic downturns. Leadership team details include Ananyashree Birla (Non Executive Director), Anil Malik (President & Co. Secretary), Arun Adhikari (Independent Director), Aryaman Vikram Birla (Non Executive Director), Ashish Dikshit (Managing Director), Jagdish Bajaj (Chief Financial Officer), Kumar Mangalam Birla (Chairman & Non-Executive Director), Naresh Tyagi (Chief Sustainability Officer), Nish Bhutani (Independent Director), Pankaj Sood (Nominee Director), Praveen Shrikhande (Chief Digital Officer), Preeti Vyas (Independent Director), Puneet Malik (CEO - lnnerwear Business), R Sathyajit (CEO - International Brands), Sangeeta Tanwani (Whole Time Director), Shobha Ratna Tanniru (Chief Human Resource Officer), Sooraj Bhat (CEO - Ethnic Business), Sukanya Kripalu (Independent Director), Sumati Mattu (CEO - Special Projects), Sunirmal Talukdar (Independent Director), Swaminathan Ramachandran (Chief Supply Chain Officer), Vikram Rao (Independent Director), Vishak Kumar (Whole Time Director), Yogesh Chaudhary (Independent Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.