Transcript of Q4 & FY26 Earning Call of the Company,
ABFRL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ABFRL reported Q4 FY26 revenue of INR 1,990 crores, up 16% Y-o-Y, with EBITDA margins at 11.5% (excluding one-time gains). Full year revenue stood at INR 8,177 crores (11% growth) with EBITDA margin improving to 11% from 10% last year. Pantaloons delivered strong performance with 19% Q4 growth and 14% like-to-like growth, while the ethnic business saw margin expansion of 560 basis points for FY26. TCNS losses reduced by more than half. The company added over 180 stores during the year, taking total network to 1,273 stores spanning 7.9 million sq ft. Management flagged 3-4% raw material inflation and expects to take 5-8% price increases. Geopolitical uncertainties may impact second half demand. The company aims to be FCF positive by FY29, with adequate cash reserves to fund planned investments.
Strong operational performance with improving profitability across segments. However, the company remains in loss-making territory at PAT level (INR 235 crore adjusted loss) and faces cash consumption of about INR 1,000 crore annually as newer businesses scale. Inflationary pressures and geopolitical uncertainties could impact demand in H2 FY27.