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ABLBL - Fundamental Analysis: Financial Health & Valuation

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Rating: 2.7

Last Updated Time : 03 Feb 26, 06:04 pm

Fundamental Rating: 2.7

Stock Code ABLBL Market Cap 13,792 Cr. Current Price 113 ₹ High / Low 176 ₹
Stock P/E 79.1 Book Value 10.8 ₹ Dividend Yield 0.00 % ROCE %
ROE 10.7 % Face Value 10.0 ₹ DMA 50 119 ₹ DMA 200 136 ₹
Chg in FII Hold -5.34 % Chg in DII Hold 5.57 % PAT Qtr 97.3 Cr. PAT Prev Qtr 22.6 Cr.
RSI 31.0 MACD -5.54 Volume 9,77,196 Avg Vol 1Wk 11,12,146
Low price 101 ₹ High price 176 ₹ Debt to equity 2.56 52w Index 16.1 %
Qtr Profit Var 59.0 % EPS Industry PE 44.3

📊 Core Financials

  • Revenue & Profitability: PAT improved significantly from 22.6 Cr. to 97.3 Cr., but overall profitability remains modest.
  • Margins: ROE at 10.7% is average, while ROCE is not reported, limiting efficiency analysis.
  • Debt: Debt-to-equity ratio of 2.56 indicates high leverage, a major risk factor.
  • Cash Flow: Profitability supports cash generation, but high debt pressures sustainability.

💹 Valuation Indicators

  • P/E Ratio: 79.1 vs. industry average of 44.3 — highly overvalued.
  • P/B Ratio: Current price (₹113) vs. book value (₹10.8) → ~10.5x, premium valuation.
  • PEG Ratio: Not available, limiting growth-adjusted valuation analysis.
  • Intrinsic Value: Valuation appears stretched given high debt and modest returns.

🏢 Business Model & Competitive Advantage

  • Aditya Birla Capital Limited (ABLBL) operates in lending and financial services, focusing on diversified financial products.
  • Competitive advantage lies in group backing and diversified offerings, but debt levels weaken overall health.

📈 Technicals & Entry Zone

  • DMA 50 (₹119) and DMA 200 (₹136) are above current price, showing weakness.
  • RSI at 31.0 indicates oversold territory; MACD negative suggests bearish sentiment.
  • Entry Zone: Attractive near ₹105–115 for accumulation.
  • Long-Term Holding: Risky unless debt is reduced and profitability improves.


✅ Positive

  • Quarterly PAT improved significantly to 97.3 Cr.
  • DII holdings increased (+5.57%), showing strong domestic support.
  • Group backing under Aditya Birla ensures stability and brand strength.

⚠️ Limitation

  • High debt-to-equity ratio (2.56) increases financial risk.
  • P/E ratio (79.1) is far above industry average (44.3).
  • Dividend yield of 0.00% offers no immediate shareholder return.

📉 Company Negative News

  • FII holdings decreased (–5.34%), showing reduced foreign investor confidence.
  • Stock trading below DMA 50 and DMA 200, indicating technical weakness.

📈 Company Positive News

  • Quarterly PAT surged compared to previous quarter, showing operational improvement.
  • DII holdings increased strongly (+5.57%), reflecting domestic institutional confidence.

🏭 Industry

  • Financial services sector benefits from rising demand for credit and investment products in India.
  • Industry average P/E (44.3) highlights ABLBL’s premium valuation.

🔎 Conclusion

  • ABLBL shows group strength and improved quarterly profitability but faces high debt and stretched valuations.
  • Institutional support from DIIs is positive, but reduced FII confidence is a concern.
  • Recommendation: Accumulate only near ₹105–115. Long-term holding viable only if debt is reduced and ROE/ROCE improve significantly.

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