Aditya Birla Fashion & Retail Ltd

About [ edit ]

Aditya Birla Fashion and Retail Ltd. (ABFRL) emerged after the consolidation of the branded apparel businesses of Aditya Birla Group comprising ABNL's Madura Fashion division and ABNL's subsidiaries Pantaloons Fashion and Retail (PFRL) and Madura Fashion & Lifestyle (MFL) in 2015.
ABFRL is a part of the Aditya Birla Group, a US$ 48.3 billion Indian multinational, in the league of Fortune 500. Anchored by an extraordinary force of over 120,000 employees, belonging to 42 nationalities, the Aditya Birla Group operates in 34 countries across the globe. #

Key Points [ edit ]
  • Market Cap 16,624 Cr.
  • Current Price 181
  • High / Low 224 / 97.5
  • Stock P/E
  • Book Value 11.9
  • Dividend Yield 0.00 %
  • ROCE 9.55 %
  • ROE -9.19 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 15.15 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -3.66%
  • Company has a low return on equity of 8.92% for last 3 years.
  • Earnings include an other income of Rs.391.23 Cr.

Peer comparison

Sector: Retail Industry: Textiles - Products

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
1,754 1,914 2,007 2,282 1,915 2,065 2,297 2,562 1,817 320 1,019 2,059
1,590 1,800 1,865 2,109 1,791 1,751 1,951 2,153 1,661 671 1,020 1,691
Operating Profit 163 114 143 173 124 314 346 409 156 -351 -2 368
OPM % 9% 6% 7% 8% 6% 15% 15% 16% 9% -110% -0% 18%
Other Income 11 8 19 13 24 18 16 14 17 177 141 57
Interest 43 44 50 48 45 94 105 105 119 125 144 110
Depreciation 87 72 69 68 73 202 221 221 232 233 238 227
Profit before tax 44 6 43 70 31 35 36 98 -178 -533 -242 89
Tax % -155% 0% 0% 0% -564% 39% 81% 134% 21% 25% 25% 25%
Net Profit 113 6 43 70 203 22 7 -33 -140 -400 -181 66
EPS in Rs 1.31 0.06 0.50 0.81 2.35 0.25 0.08 -0.39 -1.62 -4.63 -2.34 0.86

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
14 13 17 1,285 1,661 1,851 6,034 6,603 7,172 8,118 8,743 5,215
22 13 17 1,205 1,616 1,776 5,621 6,124 6,661 7,526 7,473 5,044
Operating Profit -9 0 1 80 45 75 413 479 511 591 1,270 171
OPM % -65% 1% 3% 6% 3% 4% 7% 7% 7% 7% 15% 3%
Other Income 1 0 1 58 5 3 26 37 30 65 65 391
Interest 13 0 0 153 129 122 211 220 212 225 467 497
Depreciation 5 0 0 54 109 183 338 242 281 282 877 930
Profit before tax -25 0 2 -69 -188 -228 -110 54 49 149 -9 -865
Tax % -0% 75% 32% 0% 0% 0% 0% 0% -141% -115% -1,497%
Net Profit -25 0 1 -69 -188 -228 -110 54 118 321 -145 -655
EPS in Rs -18.12 -22.02 -1.28 0.62 1.37 3.72 -1.68 -7.73
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years:91%
5 Years:36%
3 Years:10%
TTM:-41%
Compounded Profit Growth
10 Years:%
5 Years:8%
3 Years:%
TTM:-431%
Stock Price CAGR
10 Years:%
5 Years:3%
3 Years:7%
1 Year:76%
Return on Equity
10 Years:%
5 Years:5%
3 Years:9%
Last Year:-9%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
1 1 1 1 93 93 773 771 772 774 774 819
Reserves -1 -1 0 -78 486 252 133 188 321 655 412 193
Borrowings 0 0 0 1,731 1,050 1,311 1,850 2,045 1,861 1,702 5,243 5,216
1 2 3 1,229 524 487 1,831 2,033 2,779 3,490 3,259 3,176
Total Liabilities 1 2 4 2,882 2,153 2,142 4,582 5,036 5,734 6,621 9,689 9,403
0 0 0 1,637 1,633 1,579 2,323 2,487 2,582 2,555 4,728 4,507
CWIP 0 0 0 14 25 4 25 25 46 22 44 48
Investments 0 0 0 800 6 0 0 0 4 4 170 253
1 2 3 431 489 559 2,234 2,524 3,101 4,039 4,747 4,596
Total Assets 1 2 4 2,882 2,153 2,142 4,582 5,036 5,734 6,621 9,689 9,403

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
-22 0 0 3 70 -36 311 425 595 528 662
5 -0 0 -820 681 -109 -186 -446 -325 -277 -574
17 0 0 843 -766 141 -133 51 -247 -266 120
Net Cash Flow 0 -0 0 25 -14 -4 -8 30 23 -15 208

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 112% 290% 11% -4% -6% 5% 10% 9% 12% 10%
Debtor Days 16 18 37 0 4 1 19 25 28 35 35
Inventory Turnover 83.23 74.60 4.98 2.94 2.69 3.11 2.20 2.25 2.24 2.04

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
59.24 59.24 59.24 59.10 59.10 59.09 59.09 59.07 59.07 59.79 59.76 56.10
9.60 9.50 9.53 9.84 9.80 9.70 9.36 8.43 6.39 6.09 6.28 13.95
17.78 19.03 18.81 18.14 18.44 20.28 20.52 21.35 22.10 21.70 21.73 17.53
0.00 0.00 0.08 0.16 0.31 0.51 0.59 0.59 0.59 0.59 0.59 0.55
13.38 12.23 12.34 12.76 12.34 10.41 10.06 9.99 11.28 11.31 11.12 11.37
0.00 0.00 0.00 0.00 0.00 0.00 0.38 0.58 0.58 0.52 0.52 0.50

Documents