Retail · ABLBL
Textiles - Readymade Apparel
from 96 today
We reiterate our Neutral rating with a revised TP of INR105, premised on ~15x Sep'28E pre-Ind AS EV/EBITDA. Consistent double-digit revenue growth, along with improved profitability in emerging brands, remains the key catalyst for a potential re-rating.
ABLBL's 1QFY27 performance was slightly ahead of estimates on profitability, supported by disciplined cost control despite gross-margin contraction. We maintain BUY with a slightly revised TP of INR 151 based on SoTP valuation.
Aditya Birla Lifestyle Brands Ltd's 1QFY27 revenue growth was broadly in line with expectations while operating margin was better than expected. We maintain our BUY rating on the stock with a revised target price of Rs 142 valuing the company on 9x June 2028 EV/ EBITDA.
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.
