Motilal Oswal cuts Aditya Birla Fashion target to Rs 65 on debt drag, despite Q4 beat

Brokerage trims TP from Rs 70 to Rs 65 and stays Neutral. Pantaloons growth, TCNS loss reduction, and TASVA/OWND scale-up underpin a 13% revenue and 25% Ebitda CAGR through FY26-28E, but elevated net debt and unlikely pre-IND AS Ebitda breakeven by FY28 cap upside.

Motilal Oswal cut Aditya Birla Fashion's target to Rs 65 from Rs 70, staying Neutral on debt drag despite a Q4 revenue beat.

NDTV Profit · 5/27/2026, 6:13:52 AM · Ask about this →

Aditya Birla Fashion and Retail + OWND + Pantaloons + TASVA + TCNS + TMRW +