Aditya Birla's $1.7B fashion empire splits into ABFRL and ABLBL to defend turf from Reliance and Trent
Post-demerger, Aditya Birla operates 60 brands across 4,500+ stores spanning mass to luxury, anchored by Louis Philippe, Van Heusen, Pantaloons, Sabyasachi and a Galeries Lafayette Mumbai launch. ABLBL posted FY26 revenue of ₹8,396 cr (+7%); ABFRL hit ₹8,177 cr (+11%) but logged a ₹829.89 cr loss as Reliance, Trent and Shoppers Stop intensify the fight for a $96.7B market by 2030.
What happened
Aditya Birla Group · Deep-dive on Aditya Birla's $1.7B fashion empire post-demerger into ABFRL and ABLBL, covering 60 brands, 4,500+ stores, Galeries Lafayette
Key facts
- $1.7B fashion sales
- 4500+ stores
- $67B group revenue 2025
- ABLBL FY26 revenue 8396 cr (+7%)
- ABFRL FY26 revenue 8177 cr (+11%)
- ABFRL net loss 829.89 cr
- 60 acquisitions
- 180+ new ABFRL stores
- 90+ new ABLBL stores
- India apparel market $70.6B to $96.7B by 2030
Why this matters
The demerger sharpens M&A currency on both sides—expect ABFRL to consolidate ethnic and digital-native brands while ABLBL leverages Louis Philippe and Van Heusen cashflows to chase premium tuck-ins against Trent and Shoppers Stop.