BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
With launches (Tasva, Marigold Lane) and network expansion, Aditya Birla Fashion and Retail Ltd.'s ethnic wear is gaining momentum. Its core businesses (Lifestyle brands, Pantaloons) continue generating healthy cash, helping fund its new initiatives.
Driven by the ramp-up in its new businesses and growth in its core business, its revenue growth would pick up, we expect. Our FY22- 24E revenue are raised 4-7%. We expect net debt to reduce.
With the recovery in its core businesses, lower net debt and vigorous expansion of its new business, we are positive about Aditya Birla Fashion's long-term growth trajectory.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
