Operates a chain of branded retail showrooms selling consumer durables and electronics — cooling products (air conditioners, refrigerators), televisions, mobile phones, laptops and similar appliances — to retail customers across eastern and central India. As of June 30, 2026, the network stood at 210 stores split across Bihar (120, covering all 38 districts), Uttar Pradesh (54 across 30 of 75 districts), Jharkhand (33 across 22 of 24 districts) and Chhattisgarh (3 across 2 of 27 districts), with planned entry into Madhya Pradesh and West Bengal in FY27. Revenue of Rs 2,671.62 cr in FY26 grew 18% year-on-year, and Q1 FY27 revenue rose 27% to Rs 1,192.68 cr with same-store sales growth of 18%. The model buys finished goods from OEMs and resells through company-owned stores; inventory stood at Rs 663 cr as of June 30, 2026 (down from Rs 840 cr at FY26-end after a deliberate pre-build ahead of OEM price hikes). Store-level economics target breakeven within 9–12 months of opening. Cost shape in FY26 was 3.1% employee costs, 4.0% other operating expenses and 1.5% depreciation against revenue. Management guides to a 8–10% medium-term EBITDA margin (15–16% gross margin) and more than 30 net store additions in FY27, with cooling-led sales remaining the structural summer driver even as the company positions itself as an 'all-season' retailer. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Consumer durables and electronics retail, Cooling products (seasonal). Asset-heavy retail roll-out of own-brand consumer durables showrooms; structurally seasonal on cooling but management is repositioning the business as an all-season model.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 899 | 1,322 | 1,743 | 2,260 | 2,672 |
| EBITDA (ex other income) | 66 | 133 | 167 | 204 | 226 |
| margin % | 7.4 | 10.1 | 9.6 | 9.0 | 8.5 |
| Owners' profit | 37 | 64 | 77 | 105 | 117 |
| EPS, as reported (₹) | 30.43 | 53.32 | 63.72 | 8.21 | 9.07 |
| ROE % · ROCE % | 41.9 · 60.9 | 47.1 · 38.3 | 15.8 · 21.8 | 18.1 · 22.9 | 17.0 · 21.7 |
| Debt / equity (x) | 1.31 | 1.99 | 0.26 | 0.48 | 0.48 |
| Cash from operations | 17 | 18 | (6) | (41) | 75 |
| Capex | (18) | (30) | (34) | (37) | (35) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 376 | 508 | 487 | 940 | 458 | 649 | 625 | 1,193 |
| Profit before tax | 16 | 31 | 24 | 73 | 17 | 36 | 31 | 103 |
| Net profit | 12 | 24 | 16 | 55 | 13 | 27 | 22 | 77 |
| EPS (₹) | 0.95 | 1.89 | 1.24 | 4.29 | 0.99 | 2.12 | 1.69 | 5.98 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| TRENT LTD | 1,49,424 | 60.9 | 21.02 | 39.8 | 24.2 | 26.2 | 50.6 | 20.1 |
| LENSKART SOLUTIONS LTD | 1,18,565 | 178.0 | 13.39 | 61.6 | 5.7 | 5.8 | — | 24.2 |
| VEDANT FASHIONS LIMITED | 14,190 | 35.2 | 9.29 | 19.5 | 8.5 | 8.4 | — | 52.7 |
| ADITYA BIRLA LIFES BRAN L | 10,194 | 57.6 | 7.22 | 7.9 | 12.1 | 5.0 | — | 16.0 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 3 Sept 2026 · AGM results: All 6 resolutions passed, final dividend of Rs 1.25 per share declared | compliance | low | — | — |
| 2 Sept 2026 · Aditya Vision 27th AGM: Final Dividend of Rs 1.25 per Share Declared | board shareholder meetings | medium | — | — |
| 11 Aug 2026 · Newspaper ad on 27th AGM notice and e-voting information | compliance | minimal | — | — |
| 10 Aug 2026 · Record date Aug 26 for AGM and possible dividend, FY26 | corporate actions | high | — | — |
| 10 Aug 2026 · Annual Report FY26: 18% Revenue Growth, 207 Stores | results | high | — | — |
| 10 Aug 2026 · Aditya Vision 27th AGM intimation, FY26 annual report filed | board shareholder meetings | low | — | — |
| 7 Aug 2026 · Aditya Vision Q1 FY27: Revenue up 27%, PAT up 40%, EBITDA margin at 10.4% | investor communications | medium | — | — |
| 1 Aug 2026 · Newspaper ad of Q1 FY27 results published | compliance | minimal | — | — |
| 1 Aug 2026 · Newspaper publication of 27th AGM notice | compliance | minimal | — | — |
| 1 Aug 2026 · Aditya Vision shares audio recording of Q1 FY27 analysts call | investor communications | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| ADITYA VISION LIMITED ◆ |
| 7,991 |
| 57.4 |
| 11.61 |
| — |
| 17.0 |
| 17.4 |
| — |
| 10.6 |
| V2 RETAIL LIMITED | 7,947 | 5.1 | 8.81 | 16.6 | 18.0 | 14.2 | 41.6 | 14.1 |
| ADITYA BIRLA FASHION & RT | 6,164 | — | 0.98 | 8.4 | (13.3) | (7.1) | 9.3 | 8.5 |
| ARVIND FASHIONS LIMITED | 5,946 | 49.5 | 5.12 | 8.9 | 15.8 | 12.9 | 19.1 | 13.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 57.4 | 21.9 | 15 of 19 | 22% |
| P/B | 11.6 | 4.3 | 12 of 14 | 15% |
| ROCE | 17.4 | 10.0 | 4 of 20 | 84% |
| ROE | 17.0 | 11.7 | 3 of 14 | 85% |
| Debt / Equity | 0.5 | 0.1 | 12 of 14 | 15% |
| EBITDA margin | 10.6 | 15.7 | 11 of 14 | 23% |
| Revenue growth | 26.9 | 16.6 | 6 of 16 | 67% |
| Profit growth | 40.0 | 20.6 | 4 of 13 | 75% |
| Market cap | 7991 | 845 | 5 of 20 | 79% |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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