Aditya Birla Fashion and Retail Limited has informed the Exchange regarding a press release of the Board Meeting
ABFRL · price
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Awaiting price reaction for this filing.
ABFRL reported Q1 FY26 revenue of Rs. 1,831 Cr, up 9% year-on-year from Rs. 1,674 Cr in Q1 FY25. EBITDA rose 38% YoY to Rs. 169 Cr, with operating margin expanding 200 basis points, driven by strong performance in ethnic brands (margin up ~1600 bps, now positive EBITDA) and TMRW. However, the company remains loss-making at the bottom line with a PAT of Rs. -234 Cr, though the loss narrowed marginally from Rs. -238 Cr last year. Pantaloons posted Rs. 1,094 Cr in sales with 17.1% margins, designer-led ethnic brands grew 79% YoY, and TMRW secured its first external funding of ~Rs. 437 Cr from ServiceNow Ventures. The company added 30+ stores, taking the total network to 1,168 stores spanning 7.4 million sq. ft.
Continued improvement in operating performance with margin expansion is a positive sign, and the narrowing of losses suggests the company is moving in the right direction. However, the bottom line remains in the red, which may keep the stock under pressure until profitability is achieved. The strong growth in ethnic brands and TMRW funding from ServiceNow Ventures are key positives for long-term investors.