Aditya Birla Capital Ltd – Powering Up for a Breakout Above ₹250

📈Technical Analysis

Crucial Resistance Zone: Since 2017 listing at ₹250–255, this level has repeatedly acted as major resistance throughout 2024–25.

Recent Pullback: After reaching ₹248 recently, stock remains locked under this key zone.

Breakout Prerequisite: For a genuine bullish move, the ₹250–255 resistance must be cleared with strong volume and retested successfully as support, confirmed by bullish candlestick patterns.

No Breakout = No Rally: Unless the zone flips to support, further gains are unlikely and a correction may occur.

💰Q4 FY24 Key Financial Highlights (vs Q3 FY24 & Q4 FY23)

• Total Income: ₹12,214 Cr (vs ₹9,381 Cr; ₹10,780 Cr)
  
• Total Expenses: ₹8,419 Cr (vs ₹5,876 Cr; ₹7,182 Cr)
  
• Total Operating Profits: ₹3,795 Cr (vs ₹3,505 Cr; ₹3,598 Cr)
  
• Profit Before Tax: ₹1,361 Cr (vs ₹1,030 Cr; ₹1,606 Cr)
  
• Profit After Tax: ₹886 Cr (vs ₹724 Cr; ₹1,288 Cr)
  
• Diluted Normalized EPS: ₹3.32 (vs ₹2.72; ₹4.79)
  
  📌Q4 FY24 delivered healthy sequential growth, though YoY profit dipped — a result of higher expenses and one-off gains in the base quarter.
  
  🔍Fundamental InsightsRevenue Growth: Consolidated income rose ~13–14% YoY to ₹12,214 Cr
  
  Profit Adjusted: FY24 PAT (excluding one-offs) increased ~6% YoY to ₹865–886 Cr .
  
  Lending Portfolio: Combined NBFC + HFC loans grew ~27% YoY to ₹1.57 L Cr
  
  AUM & Premiums Up: Total AUM ₹5.11 L Cr (+17% YoY) and life/health premiums ₹25,579 Cr (+22% YoY)
  
  Distribution Expansion: 1,623+ branches; digital platforms (ABCD, Udyog Plus) gaining traction
  
  Fundraising Plans: Board approved NCD issuance up to ₹1.65 L Cr → expands financial flexibility
  
  📌Conclusion
  Aditya Birla Capital shows solid sequential performance, strong loan book and AUM growth, and expanding distribution reach. Technically, everything hinges on the ₹250–255 zone:
  
  ✅Breakout & Retest with volume → bullish scenario
  
  ⚠️Failure to hold → likely consolidation or pullback
  
  Watching closely!
  
  Disclaimer:lnkd.in/gJJDnvn2