Aditya Birla Fashion Envisaging Strong Sales Growth, Margin Expansion - Analyst Meet Highlights: ICICI Direct
Merchandise is displayed at a Pantaloons store at Ambience Mall in New Delhi. (Photographer Graham Crouch/Bloomberg)

Aditya Birla Fashion Envisaging Strong Sales Growth, Margin Expansion - Analyst Meet Highlights: ICICI Direct

Bookmark

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

At the recently held virtual Aditya Birla Fashion and Retail Ltd.’s analyst meet, the company embarked on a five-year growth strategy plan with key emphasis on generating healthy free cash flow across business formats (cumulative FCF worth approximately Rs 1000 crore in FY22- 26E) and return on capital employed of ~25% by FY26E.

The company has charted out growth strategies to become a ~$2.8 billion entity (Rs 21000 crore) by FY26E, translating to 15% compound annual growth rate in FY20-26E.

It is betting big on the ethnic play (through latest acquisitions) with the category expected to grow at a fast rate (from Rs 50 crore in FY20 to Rs 2000 crore by FY26E).

Click on the attachment to read the full report:

ICICI Direct ABFRL Analyst Meet Update.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.