The current market price of is Rs 187.2. Time period given by analyst is 1 year when Aditya Birla Fashion and Retail Ltd. price can reach defined target.
Aditya Birla Fashion and Retail Ltd., incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 17538.70 Crore) operating in Retail sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1839.24 Crore, down -13.78 % from last quarter Total Income of Rs 2133.14 Crore and down -.50 % from last year same quarter Total Income of Rs 1848.50 Crore. Company reported net profit after tax of Rs -195.52 Crore in latest quarter.
Investment Rationale
The brokerage values ABFRL on an SOTP basis and assign an EV/EBITDA of 18x to the lifestyle brands and Pantaloons segment and EV/sales of 1x to other business – slightly upping our multiple given its better balance sheet position to bolster growth. Subsequently, the brokerage arrives at TP of INR240 (v/s INR220 earlier).
Promoter/FII Holdings
Promoters held 56.1 per cent stake in the company as of March 31, 2021, while FIIs held 14.5 per cent, DIIs 18.1 per cent and public and others 11.4 per cent.
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