macro

Emkay keeps Buy on Aditya Birla Lifestyle Brands with Rs 140 target

Emkay analysts maintain Buy on ABLBL after second-quarter revenue rose about 11% and EBITDA beat both their and consensus forecasts.

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what happened

According to TradingView, citing research from Emkay Global Financial, Aditya Birla Lifestyle Brands grew revenue about 11% year on year in the second quarter, after 11% in the first quarter of FY27. Emerging businesses led the gains with roughly 27% growth, while the lifestyle business rose 9%, or 5% on a like-for-like basis.

The company added a net 72 stores in the second quarter and 86 in the first half, and expects 150-200 net additions in the second half. It took a price increase of about 6%, though analysts say consumer response to the hike remains the key thing to watch. Emkay maintains its Buy rating and Rs 140 target price.

why it matters

The report matters for investors tracking India's consumer sector. Free cash flow was muted in the first half, pushing net debt higher, but management expects stronger cash flows in the second half and net debt of Rs 6 billion at the end of FY27. The shares have lagged, so analysts see room for a re-rating if execution stays consistent.

tags

instruments

ABLBL

sources

  1. Buy Aditya Birla Lifestyle Brands; target of Rs 140: Emkay Global Financial — TradingView, 3 November 2026 at 06:08 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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