ABFRL Revenue Rises 11% to Rs 8,177 Crore in FY26; Store Network Reaches 1,273
Aditya Birla Fashion and Retail reported FY2025-26 consolidated revenue of Rs 8,177 crore, up 11% year on year, while EBITDA increased to Rs 967 crore. Its retail network reached 1,273 stores.
What happened
Aditya Birla Fashion and Retail Limited (ABFRL) · ABFRL reported 11% year-on-year revenue growth to Rs 8,177 crore in FY26, while EBITDA rose to Rs 967 crore.
Key facts
- FY2025-26 consolidated revenue: Rs 8,177 crore (US$855.51 million)
- Revenue growth: 11% year-on-year
- Previous fiscal revenue: Rs 7,355 crore (US$769.52 million)
- EBITDA: Rs 967 crore (US$101.17 million)
- Previous fiscal EBITDA: Rs 854 crore
- Retail network: 1,273 stores
Why this matters
ABFRL’s expanded retail network strengthens its attractiveness as a distribution partner and provides a larger platform for brand partnerships or portfolio-led growth.
What to watch
- Like-for-like sales growth versus revenue growth driven by net store additions.
- EBITDA margin progression, particularly the impact of rent, employee costs, marketing and discounting.
- Inventory days, end-of-season markdown intensity and working-capital movement.
- Net store additions, closures and disclosed new-store payback periods.
- Demand trends during festive, wedding and end-of-season sales periods.
- Any commentary on debt reduction, capital expenditure, restructuring or portfolio simplification.
- Prioritize store productivity and payback periods over headline store additions, especially in newer cities and formats.
- Use the improved EBITDA base to reduce leverage and preserve capital for high-return brand, digital and omnichannel investments.
- Expand premium and occasionwear assortments while tightening inventory allocation through localized merchandising and demand forecasting.
- Rationalize underperforming locations and pursue franchise, asset-light or shop-in-shop expansion where standalone-store economics are weaker.