Aditya Birla Fashion and Retail (ABFRL) reported an 8% revenue increase in Q3 FY26. Growth was moderated by the masstige and value segments. The ethnic segment stood out, while overall EBITDA rose by 13% YoY. The company noted a shift in the festive calendar impacted sales. Key strategies include new adjacency launches and leveraging alternate distribution channels. The ethnic business at ~Rs. 2200 Cr ARR.
Q3 FY26 Performance Overview
Aditya Birla Fashion and Retail Limited (ABFRL) announced an overall revenue growth of 8% YoY for Q3 FY26. Performance was moderated by challenges in the masstige and value segments. The company highlighted that a shift in the festive calendar impacted sales primarily in East & North regions.
Segment Highlights
Key highlights across different segments include:
- Ethnic Business: Achieved approximately Rs. 2200 Cr ARR, posting 20% growth in Q3.
- Luxury: Demonstrated strong performance with 27% YoY growth.
- TMRW: Recorded sales growth of 29% compared to the previous year.
Profitability & Margin
ABFRL reported overall EBITDA up by 13% YoY. Notably, the ethnic business margin improved by 350 bps vs the previous year. TMRW losses have reportedly peaked, with margin up by ~900 bps YoY.
Store & E-commerce Performance
The company continued store-led execution with approximately 50 new stores added. The ethnic business reported ~10% LTL growth. E-commerce also showed strength, growing over 15% YoY.
Additional Financial Details
Key consolidated figures for Q3 FY26 include:
- Revenue: Rs. 2374 Cr (up 8%)
- EBITDA: Rs. 370 Cr (up 13%)
- EBITDA Margin: 15.6%
9M FY26 Highlights
For the nine-month period, ABFRL reported a revenue of Rs. 6187 Cr, a 10% increase compared to the previous year. EBITDA grew 17% YoY.
Source: BSE
