ABLBL / Q3-FY26 / claim-ledger

Audit the questions that mattered.

Aditya Birla Lifestyle Brands · Analyst questions, management answers, and the quality of the response where the ledger is available.

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PositiveQ3-FY26 · 2026-02-10Back to quarter ↗

Questions audited

12

Answered directly

58%

Numeric claims

0

Consistency

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Question ledger

What was answered, and how?

Vidisha Set · Ambit Capital

direct

Why was 500 cr NCD issuance approved despite no fund raise commitment?

the 500 cr debentures which we repaid recently in the month of January we intend to raise it to refinance the exist the debentures repaid there's no press bing

Vidisha Set · Ambit Capital

partial

How should we view net debt reduction trajectory?

We still feel that over next three years which is what we had indicated the net debt will be closer to zero in this although that's not the only goal we're driving here.

Vidisha Set · Ambit Capital

direct

What is the net store addition guidance for FY27?

we should add another 90 plus net stores in the next quarter. So that would take the overall additions about 150 stores this year. We also have already built a pipeline for next year of 120 odd stores and that momentum should continue.

Archa Menon · Morgan Stanley

direct

Is there divergence between primary and secondary sales growth?

nothing unusual practices around season launches and build up towards season and end of season is what has broadly happened. They've had robust secondary sales across department stores which is what has led to an overall primary sales also being fairly healthy.

Archa Menon · Morgan Stanley

partial

Will double-digit growth momentum sustain in Q4 and Q1?

we want to be a steady double digit growth and eida 11 12% steady sorry the pre India margins so that is something which we should go on momentum

Samir Gupta · India Infoline

evasive

What is the blended price impact of GST changes on lifestyle brands?

Overall it's a small net negative but not a significant one.

Samir Gupta · India Infoline

direct

What drove the turnaround in innerwear segment growth?

lot of initiatives which have been on the business they are coming into function now. retail like to like have been north of 30% in this side of business.

Dwanchu Bansal · MK Global

partial

Why is retail channel growth weaker than peers?

Parts of business which have had a greater dependence on weddings, the evaporated after 5th December. So you see the impact of that.

Ankit Kyia · Philip Capital

evasive

What caused the gross margin decline?

this is a composition of various business lines it's more in the range more or less business mix then any shift

Ankit Kyia · Philip Capital

evasive

Can innerwear achieve mid-single-digit margins by FY28?

I hope is going to be a profitable year. I don't want to comment on what kind of profitability but I'm hopeful that FI28 will be a profitable year.

Rajiv Bharti · Noama

direct

What is the capex split between lifestyle and emerging brands?

Probably 80% of that spend would be lifestyle brands, maybe a little more than 80%.

Tjas Sha · Aendis Spark Institution Equities

partial

Are there demand pressures in urban IT-heavy markets?

small town India has had a good run. our own same store growth pages in small town ITG would be about 13 14%. I can't point out any region specifically which has grown more or less.