Latest news with #ABLBL
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Business Standard
23-06-2025
- Business
- Business Standard
Aditya Birla Lifestyle to double revenues in 5 years, invest Rs 300 cr
The newly-listed Aditya Birla Lifestyle Brands (ABLBL) on Monday said it will invest Rs 300 crore every year with an aim to double its revenue in the next five years. The Aditya Birla Group company, which was demerged from Aditya Birla Fashion and Retail, will invest around Rs 300 crore per year, its managing director Ashish Dikshit told reporters here. Group chairman Kumar Mangalam Birla said, "India stands at the cusp of a transformative growth phase, with consumption poised to be a primary driver." ABLBL had a revenue of Rs 7,830 crore in FY25, an operating profit margin of 15 per cent and a net profit of Rs 60 crore. Kumar Mangalam Birla said the company aspires to build India's first portfolio of billion-dollar brands in the fashion and lifestyle segment. It sells brands like Peter England, Allen Solly, Van Heusen and Louis Philippe. Dikshit said two of the company's brands clock sales of over Rs 2,000 crore per year, while two others are above Rs 1,000 crore per year. "Over the next five years, we aim to more than double our scale and more than triple our cash profits. This growth will be strategic, disciplined and powered by strong cash flows," he said, adding that it targets to double in revenues as well. Dikshit said the last two years have been difficult for the industry, adding it was cyclic and the company has seen many such turns in the last 25 years of its existence. On the investments front, he said the company has a capex plan of Rs 300 crore per year. "A large part of it is going through the expansion of the retail network, a small part towards the internal capabilities and technology," Dikshit said. It is aiming for a three-fold jump in the profitability over the next 3-5 year period, he said. The company does not have any immediate plans for acquisitions at present, Dikshit said, pointing out that the Reebok brand and Van Heusen's innerwear can be major growth drivers going ahead.
Time of India
23-06-2025
- Business
- Time of India
Aditya Birla Lifestyle aims to double revenues in 5 years, invest Rs 300 cr per annum
The newly-listed Aditya Birla Lifestyle Brands (ABLBL) on Monday said it will invest Rs 300 crore every year with an aim to double its revenue in the next five years. The Aditya Birla Group company, which was demerged from Aditya Birla Fashion and Retail, will invest around Rs 300 crore per year, its managing director Ashish Dikshit told reporters here. Group chairman Kumar Mangalam Birla said, "India stands at the cusp of a transformative growth phase, with consumption poised to be a primary driver." Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Cost of Dental Implants in Your City Might Surprise You! Dental implant | Search Ads Learn More Undo ABLBL had a revenue of Rs 7,830 crore in FY25, an operating profit margin of 15 per cent and a net profit of Rs 60 crore. Kumar Mangalam Birla said the company aspires to build India's first portfolio of billion-dollar brands in the fashion and lifestyle segment . It sells brands like Peter England, Allen Solly, Van Heusen and Louis Philippe. Live Events Dikshit said two of the company's brands clock sales of over Rs 2,000 crore per year, while two others are above Rs 1,000 crore per year. "Over the next five years, we aim to more than double our scale and more than triple our cash profits. This growth will be strategic, disciplined and powered by strong cash flows," he said, adding that it targets to double in revenues as well. Dikshit said the last two years have been difficult for the industry, adding it was cyclic and the company has seen many such turns in the last 25 years of its existence. On the investments front, he said the company has a capex plan of Rs 300 crore per year. "A large part of it is going through the expansion of the retail network, a small part towards the internal capabilities and technology," Dikshit said. It is aiming for a three-fold jump in the profitability over the next 3-5 year period, he said. The company does not have any immediate plans for acquisitions at present, Dikshit said, pointing out that the Reebok brand and Van Heusen's innerwear can be major growth drivers going ahead. Shares of Aditya Birla Lifestyle Brands Ltd (ABLBL) made its market debut on Monday post demerger. The stock started trading at Rs 167.75 and later jumped 4.97 per cent to Rs 176.10 apiece during the day on the BSE. It finally ended at Rs 159.40, down 4.97 per cent. The company's market valuation stood at Rs 19,451.50 crore.
Mint
23-06-2025
- Business
- Mint
Newly listed Aditya Birla Lifestyle aims to invest ₹300 crore every year
Mumbai/ Bengaluru: Newly listed Aditya Birla Lifestyle Brand Ltd is betting on its multi-brand portfolio to double its revenue and improve profitability threefold in the coming years, according to a senior executive. 'We plan to invest ₹300-odd crore every year, a large part of it will go into the expansion of the retail network," said Ashish Dikshit, managing director of Aditya Birla Lifestyle Brands Ltd (ABLBL), during the company's listing on stock exchanges. It was spun off from Aditya Birla Fashion and Retail Ltd. Shares of ABLBL fell 4.98% to ₹159.40 on Monday compared with a 0.56% decline in Nifty 50. Read more: Apparel retailers reset their summer calendar with early end-of-season sales as consumer spending cools ABLBL has a retail presence of more than 3,250 stores, with 70% of the outlets run by franchisees under an asset-light model. Retail contributes to 60% of ABLBL's revenue, followed by e-commerce at 13-14%, and the rest comes from exports and tie-ups with departmental stores, according to an executive privy to the information. Post-demerger strategy Aditya Birla Fashion demerged its Madura Fashion & Lifestyle business into ABLBL to sharpen operational focus and unlock shareholder value, according to the company's information memorandum. The move, formalised through a scheme of arrangement, aims to streamline the group's fashion portfolio by separating its lifestyle brands, including Louis Philippe, Van Heusen, Allen Solly and Peter England, into an independent company. This structure enables each business to pursue distinct growth strategies and tailor capital allocation. Post demerger, ABLBL is expected to deploy cash flows more efficiently, expand its brand portfolio with agility and engage more effectively with targeted investor segments. ABLBL now plans to scale up to 4,500 stores by FY30 and expand average store sizes from 1,400 sq. ft. to 2,000 sq. ft., growing total retail area by 50%. It aims to exceed 1,000 stores each for its four flagship brands, Louis Philippe, Van Heusen, Allen Solly and Peter England. Over 580 of its stores already serve small towns, and more than half its revenue comes from consumers under 35, according to a 23 June note by Motilal Oswal Financial Services Ltd. The bullish outlook mirrors Boston Consulting Group's estimates that India's overall retail market is likely to grow to $2 trillion within the next decade, up from $820 billion in 2023. However, the competition in India's fast-growing apparel industry is rising. Tata-backed Trent Ltd, which aims to grow its value brand Zudio by 25% in the coming years, reaffirming chairman Noel Tata's vision of expanding the company 10 times its current size. The brand added 244 stores in FY25 alone and now has 765 outlets across 235 cities. Read more: Aditya Birla Group has chalked out an aggressive five-year plan for fashion, lifestyle units ABLBL's fashion format also competes with Ambani-backed Reliance Retail, which has ₹3.3 lakh crore in revenue and has a presence of over 19,000 stores, with brands like Trends, Azorte, Yousta, and partnerships with global labels such as GAP, Superdry, and Balenciaga. Aditya Birla Lifestyle wants to build India's first billion-dollar brands over the next decade. While the company's larger brands including Louis Philippe, Van Heusen, and Allen Solly are already in the ₹2,000–2,500 crore range, the newer additions of Reebook, Van Hausen and American eagle are poised to 'scale rapidly in the large, under-penetrated and high-growth territories spaces of innerwear, activewear and casuals," said Dikshit. The company is not looking at any acquisitions in the immediate future, citing reasons of an already diverse portfolio, but remains open to inorganic growth opportunities in the next four to five years. The company is targeting a revenue growth of around 10% over FY25–28, wrote analysts at Motilal Oswal in the note. 'ABLBL is the largest player in branded apparel by revenue and store footprint, but its execution has been patchy in recent years," MOSL said. The company aims to add 250+ stores annually and aims to double revenue by FY30. It also expects to become debt-free and start dividend payouts by FY28. According to Motilal Oswal, both gross and EBITDA margins are projected to rise by 80–140 basis points between FY25 and FY28. The analyst report flags a few areas of concern regarding the newly listed demerged entity. Muted demand trends, slower momentum in scaling up newer brands such as Reebok and American Eagle, and rising store operating costs could pose challenges. In addition, investors who entered during the demerger or recent fundraising by Aditya Birla Fashion, may choose to exit, creating short-term pressure on the stock. Read more: Inside India's underground network of fake e-commerce reviews
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Business Standard
23-06-2025
- Business
- Business Standard
Aditya Birla Lifestyle Brands lists on stock exchanges post demerger
The stock started trading at Rs 167.75 and later jumped 4.97 per cent to Rs 176.10 apiece during the day on the BSE. It finally ended at Rs 159.40, down 4.97 per cent Press Trust of India New Delhi Shares of Aditya Birla Lifestyle Brands Ltd (ABLBL) made its market debut on Monday post demerger. The stock started trading at Rs 167.75 and later jumped 4.97 per cent to Rs 176.10 apiece during the day on the BSE. It finally ended at Rs 159.40, down 4.97 per cent. On the NSE, the stock began trading at Rs 167. Shares of the firm ended at Rs 159, lower by 4.79 per cent. The company's market valuation stood at Rs 19,451.50 crore. "Trading members of the exchange are hereby informed that effective from June 23, 2025, the equity shares of Aditya Birla Lifestyle Brands Ltd are listed and admitted to dealings on the exchange in the list of 'T' Group Securities," according to an update by the BSE. ABLBL was demerged from Aditya Birla Fashion and Retail in May this year. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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Business Standard
23-06-2025
- Business
- Business Standard
Corporate restructuring picks pace as India Inc's mantra to unlock value
India Inc has embarked on a drive to unlock value by demerging and listing key business verticals separately, with Aditya Birla Lifestyle Brands (ABLBL) being the latest company to follow this trend, making its debut on the stock exchanges on Monday. ABLBL was demerged from Aditya Birla Fashion and Retail in May and now houses popular brands such as Louis Philippe, Van Heusen, Allen Solly, and Peter England. The company was valued at nearly Rs 20,000 crore. Last week, Siemens Energy India, which was hived off from its parent company Siemens Ltd, listed at a valuation of over Rs 1 trillion. Following the listing, the combined value of the two multinational firms reached Rs 2.14 trillion, compared to Rs 1.75 trillion as a consolidated entity, marking a significant increase from its pre-demerged valuation. Experts believe that this demerger drive has helped unlock shareholder value in several cases. Motilal Oswal has set a target price of Rs 190 per share for ABLBL, compared to an implied value of Rs 171. This target price is based on an estimated EV/Ebitda multiple of 15x for FY27. Several other demergers are currently in the pipeline at Tata Motors, Vedanta, and Raymond. Tata Motors is set to split into two separate companies, with one focusing on commercial vehicles and the other on passenger vehicles, including Jaguar Land Rover. The company indicated at its AGM last week that both entities are expected to list separately in the third quarter of FY26 (before the end of 2025 calendar year). Raymond Realty, the real estate arm hived off from Raymond Ltd, is expected to list early next month. The Mumbai-based firm operates brands such as TenX, The Address, and Invictus and owns 100 acres of land in Thane. It has entered into six joint development agreements, with a gross development value of approximately Rs 40,000 crore, according to company estimates. Another significant demerger underway is the spinoff of Vedanta into four independent, sector-focused entities: Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, Vedanta Base Metals, and Vedanta. Currently valued at Rs 1.75 trillion, Vedanta's Aluminium business alone is estimated to be worth Rs 1.2 trillion. Analysts anticipate that the combined market cap of the six entities could exceed the current market value. Other notable demergers this year include the spinoff of ITC Hotels from ITC in January and Guess Corp's three-way demerger, creating Quess Corp (focusing on core workforce management and general staffing), Digitide Solutions (specialising in digital and IT staffing), and Bluspring Enterprises (managing facility management and industrial services).
