Aditya Birla Fashion and Retail Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Aditya Birla Fashion and Retail Limited - overview
Established
2015
Location
Mumbai, Kurla, India
Primary Industry
Retail
About
Aditya Birla Fashion and Retail Limited is an India-based company specializing in a wide array of apparel products, addressing various consumer needs through its extensive brand portfolio. Founded in 2015 and headquartered in Mumbai, India, Aditya Birla Fashion and Retail Limited engages in the fashion and retail industry. The company has completed 3 deals, with its most recent venture in May 2022, raising INR 21. 95 billion from GIC.
The company operates as a subsidiary of the Aditya Birla Group, which has a diverse range of business interests. The leadership team includes CEO Puneet Malik and other executives Sooraj Bhat, Sumati Mattu, and Vishak Kumar. ABFRL offers a diverse range of products primarily in the apparel and retail sectors. Its core product offerings include a variety of clothing lines that cater to different demographics, such as casual wear, formal wear, and ethnic attire.
The company operates well-known brands including Pantaloons, which provides a wide selection of family fashion essentials, along with emerging brands tailored to specific market segments. ABFRL's products are designed with a focus on style, quality, and sustainability, addressing the growing consumer demand for eco-friendly fashion solutions, reaching key markets across India and select international locations. In the most recent financial year 2023, ABFRL reported a revenue of INR 1,547,255,710. 70 and an EBITDA of INR 199,336,933.
30. The company's revenue generation strategy encompasses direct sales to consumers via physical and online stores, as well as partnerships with wholesalers and retailers, ensuring a well-defined approach to meet diverse consumer preferences. In May 2022, Aditya Birla Fashion and Retail Limited raised INR 21. 95 billion in venture funding from new investor GIC.
The company plans to utilize this funding to accelerate its growth engine by integrating its current business strengths with its evolving role in new business models. Future initiatives include the design and launch of new products to meet growing consumer needs, as well as plans for expanding into new geographic markets, although specific locations and timelines have not been detailed.
Current Investors
GIC, Flipkart Internet Private Limited, Walmart Inc.
Primary Industry
Retail
Sub Industries
Clothing Stores
Website
www.abfrl.com
Total Amount Raised
Subscriber access only
Aditya Birla Fashion and Retail Limited - timeline of key events
Aditya Birla Fashion and Retail Limited - financials
| Fiscal Year Ended | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 12,851,400,000 | 16,612,100,000 | 18,507,300,000 | 60,600,500,000 | 66,329,800,000 | 71,814,100,000 | 81,177,200,000 | 87,878,600,000 | - | - | - |
| % Revenue Growth (YoY) | - | 29.3% | 11.4% | 227.4% | 9.5% | 8.3% | 13.0% | 8.3% | - | - | - |
| EBITDA (USD) | 671,500,000 | 365,600,000 | 754,400,000 | 4,028,200,000 | 4,591,800,000 | 4,955,700,000 | 6,139,600,000 | 12,718,900,000 | - | - | - |
| Operating Income (USD) | 127,200,000 | (724,400,000) | (1,080,100,000) | 647,900,000 | 2,167,100,000 | 2,150,500,000 | 3,316,300,000 | 3,865,800,000 | - | - | - |
| Operating Margin | 1.0% | (4.4%) | (5.8%) | 1.1% | 3.3% | 3.0% | 4.1% | 4.4% | - | - | - |
| % EBITDA Margin | 5.2% | 2.2% | 4.1% | 6.6% | 6.9% | 6.9% | 7.6% | 14.5% | - | - | - |
| NET Income (USD) | (688,900,000) | (1,877,300,000) | (2,281,400,000) | (1,041,400,000) | 535,000,000 | 1,177,900,000 | 3,212,200,000 | (1,650,200,000) | - | - | - |
| % Net Margin | (5.4%) | (11.3%) | (12.3%) | (1.7%) | 0.8% | 1.6% | 4.0% | (1.9%) | - | - | - |
Aditya Birla Fashion and Retail Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | W for Woman | - |
Displaying 1 - 1 of 1
Aditya Birla Fashion and Retail Limited - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.