ABFRL
from 61 today
ABFRL delivered ~11% YoY revenue growth in 1QFY27, driven by Luxury, TMRW, and Pantaloons, though reported EBITDA grew by a modest ~5% YoY as profitability remained under pressure from continued investments in newer formats. We reiterate our Neutral rating on ABFRL with an unchanged target price of INR60.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.