Aditya Birla Fashion & Retail Ltd Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Q1 FY27 earnings call analysis: revenue, margin, capex, fundraise and order book outlook from management commentary.

Published 26 Aug 2026 | Retailing | Market Cap: ₹6.6K Cr

The large part of ABFRL’s business targets growth rates exceeding 30%, consistent over several quarters and years, with FY26 showing some temporary moderation. ABFRL expects steady mid-teens to high-teens profitability, with some quarters like Q1 showing mid-teens margins.

From Aditya Birla Fashion & Retail Ltd's Q1 FY27 earnings-call transcript · updated 26 Aug 2026.

Price

₹54.5

Market Cap

₹6.6K Cr

How does Aditya Birla Fashion & Retail Ltd rank in Retailing?

Compare Aditya Birla Fashion & Retail Ltd against every Retailing company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 2Margin: Rank 4

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Aditya Birla Fashion & Retail Ltd — Quarterly revenue & net profit

Revenue Net Profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹2.0K Cr, net profit ₹-164 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 2

→The large part of ABFRL’s business targets growth rates exceeding 30%, consistent over several quarters and years, with FY26 showing some temporary moderation.
→TMRW portfolio expects organic growth of 20%-25% annually, with losses reducing over the next 2 years and profitability target around FY29.
→Tasva plans to expand store base by ~30% (25-30 new stores) in the current year with a growth rate of ~35% YoY; profitability expected when revenue doubles to INR400-500 crores.
→Pantaloons' like-for-like growth recently moderated but expected to recover to high single-digit levels for the annual period.
→TCNS aims to improve from a low 2% like-to-like growth back to high single/double-digit levels by year-end, with 35-40 new store openings (approx. 10% space addition).
→The Collective and Mono-Brand businesses have steady profitability in mid-teens margins with consistent growth.
→Store additions for TMRW are planned at 75+ stores this year, focusing on omni-channel expansion.

📈 Profitability & Margins

Rank 4

→ABFRL expects steady mid-teens to high-teens profitability, with some quarters like Q1 showing mid-teens margins.
→The newer segment TMRW is targeted to become profitable between FY29-FY30, with losses reducing annually through FY27 and FY28.
→Large brands generally show 30-35% growth, though growth may moderate to mid-20% to improve unit economics and profitability.
→Tasva is growing at 35-40%, but needs to double revenues (to INR400-500 crores) to achieve profitability.
→Store expansions planned: 75+ stores for TMRW, 25-30 for Tasva, 35-40 for TCNS, and 20-22 for OWND.
→Pantaloons is growing steadily at ~7% with stable EBITDA margins near 18%.
→Overall portfolio expansion is measured, with focus on profitable and quality growth.
→ABFRL expects free cash flow positivity by FY29-FY30 and aims to maintain growth while improving profitability and operating leverage.

See what Aditya Birla Fashion & Retail Ltd said on profitability & margins — free account, 30 seconds.

🏗️ Capital Expenditure Plans

Yes

→Capex plan for the year is approximately INR 300+ crores, out of a total INR 450 crores including working capital needs. (Page 16)
→Capex will be used for new store additions and renovation of existing stores such as Pantaloons. (Page 16)
→For TMRW brand portfolio, 75+ new stores are planned to be added this year. (Page 17)
→OWND format plans to add about 20-22 stores in the second half of the year. (Page 7)
→Tasva plans to add 25-30 stores this year, a 30% expansion over its current ~90 stores. (Page 15)
→No immediate plan to expand Galeries Lafayette beyond the existing store until performance is evaluated; potential to open a new store every 2-3 years after the current store stabilizes. (Page 11)

💰 Fundraising & Capital Structure

→No explicit mention of new fundraising through equity or debt in the current call.
→CFO Jagdish Bajaj mentioned standalone cash position was around INR1,000 crores, expected to reduce to INR500 crores by year-end.
→TMRW division has already raised INR500 crores for its growth plan, so ABFRL does not expect to contribute further capital to TMRW currently.
→The company seems focused on managing existing resources and capex (about INR300 crores planned) rather than seeking new external funding at this stage.

See what Aditya Birla Fashion & Retail Ltd said on fundraising & capital structure — free account, 30 seconds.

📋 Order Book & Pipeline

No information

The provided document (Q1 FY27 Earnings Call transcript of Aditya Birla Fashion and Retail Limited) does not explicitly mention details about the current or expected orderbook or pending orders for ABFRL. - The focus is primarily on financial performance, store expansions, growth rates, profitability, and strategic outlook for various business segments (Pantaloons, TMRW, Tasva, OWND, Galeries Lafayette). - Discussions revolve around revenue growth, cost pressures, store additions, demand outlook, and operational efficiencies. - No specific commentary or data related to orderbook or pending orders is provided in the available transcript. Hence, no specific information on current or expected orderbook/pending orders is disclosed in this document.

Key Metrics

1 of 5 growth signals positive in the Q1 FY27 call.

Revenue

Rank 2

Margin

Rank 4

Capex

Yes

Fundraise

Order Book

No information

How does Aditya Birla Fashion & Retail Ltd rank vs peers in Retailing?

Pro feature

1Aditya Birla Fashion & Retail Ltd

Rev 2Mar 4

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Frequently Asked Questions

What were Aditya Birla Fashion & Retail Ltd Q1 FY27 results?

What is Aditya Birla Fashion & Retail Ltd share price analysis?

Aditya Birla Fashion & Retail Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of N/A with a market cap of ₹6,633 Cr. Investors should review the full earnings analysis for detailed insights.

Is Aditya Birla Fashion & Retail Ltd planning capital expenditure?

Capex plan for the year is approximately INR 300+ crores, out of a total INR 450 crores including working capital needs.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.