Market Performance Update
On June 23, 2025, the Indian equity market saw modest activity with selective stock-specific movements. Among notable gainers were:
- Ishan Dyes and Chemicals: ₹50.79 (+13.47%)
- Innovana Thinklabs: ₹493.00 (+11.39%)
- Zee Entertainment: ₹147.63 (+10.93%)
- Chennai Petroleum: ₹699.30 (+10.48%)
- Apollo Micro Systems: ₹214.00 (+10.00%)
Amid these developments, Aditya Birla Fashion's share price attracted attention with the listing of its newly demerged entity.
Lifestyle Business Lists at ₹167 on NSE
Aditya Birla Fashion and Retail Ltd's lifestyle arm — Aditya Birla Lifestyle Brands Ltd (ABLBL) — was officially listed on the National Stock Exchange at ₹167 per share on Monday, June 23, 2025.
- Listing Price: ₹167
- Discovered Price: ₹171
- Record Date for Demerger: May 22, 2025
- Demerger Ratio: 1:1
This marks a significant structural shift in Aditya Birla Group's fashion retail business.
Company Details
Aditya Birla Lifestyle Brands Ltd (ABLBL)
ABLBL now houses a majority of Western wear and international lifestyle brands. Key names include:
- Reebok
- American Eagle
- Louis Philippe
- Van Heusen
- Allen Solly
- Peter England
These lifestyle and casual wear segments make up 85% of ABLBL's revenue.
Aditya Birla Fashion and Retail Ltd (ABFRL)
ABFRL, after the demerger, continues with:
- Pantaloons (59% revenue share)
- Ethnic Wear Brands: TCNS, Tasva, Masaba, Sabyasachi (27% revenue)
- Luxury and Premium Brands: Jaypore, The Collective, Galeries Lafayette, TMRW, Tarun Tahiliani
This strategic division enables sharper brand focus across different consumer segments.
Financial Data Snapshot
Revenue
Quarter | Aditya Birla Lifestyle Brands | Aditya Birla Fashion & Retail |
Q1 FY25 | ₹17,990 crore | ₹17,090 crore |
Q2 FY25 | ₹19,750 crore | ₹18,380 crore |
Q3 FY25 | ₹21,500 crore | ₹22,180 crore |
This reflects a nearly even split in revenue between the two entities.
Summary
The listing of Aditya Birla Fashion's demerged lifestyle division at ₹167 signals a significant transformation in the group's retail strategy. With brands distributed based on customer segments and business strengths, the move ensures focused growth.
With Q3 FY25 revenue at ₹21,500 Crore for ABLBL and ₹22,180 Crore for ABFRL, the companies appear poised to chart independent paths. Both stocks also witnessed a modest 1% intraday rise by 11:05 AM on the day of listing.
As the companies move forward post-demerger, the market will closely watch how each segment leverages its brand strength and consumer reach.
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