External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Aditya Birla Fashion and Retail / Equity Bottom-Up

Aditya Birla Fashion and Retail (ABFRL IN)

<ul><li>Robust Segment-Led Growth: The company reported robust 16% YoY growth in Q4FY26, largely driven by strong performance across segments.</li><li>Pantaloons witnessed strong revenue growth of 19%, supported by 17% LFL growth driven by the festive season and EOSS.</li><li>The TMRW segment grew 45% during the quarter, while the Luxury segment reported 13% YoY growth, aided by the ramp-up of recently opened Galeries Lafayette stores. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Robust Segment-Led Growth: The company reported robust 16% YoY growth in Q4FY26, largely driven by strong performance across segments.Pantaloons witnessed strong revenue growth of 19%, supported by 17% LFL growth driven by the festive season and EOSS.The TMRW segment grew 45% during the quarter, while the Luxury segment reported 13% YoY growth, aided by the ramp-up of recently opened Galeries Lafayette stores. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Aditya Birla Fashion & Retail Ltd - Resilient Growth, Short-Term Challenges Remain