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Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 Notice Of National Company Law Tribunal (NCLT) Convened Meeting Of Equity Shareholders Of The Company.

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy Notice of the meeting of Equity Shareholders of the Company scheduled to be held on Thursday, 06th April, 2017 at 10:30 AM at Rangaswar, Fourth Floor, Y. B. Chavan Centre, Gen. Jagannath Bhosale Marg, Mumbai 400 021 as directed by Mumbai Bench of National Company Law Tribunal (NCLT) vide its Order dated...
03-03-2017
Bigul

In D-Mart shopping cart, valuations look justified

In a sector where companies are struggling to generate consistent profits, Avenue Supermarts is an outlier. The company, which runs India's most profitable supermarket chain under the D-Mart brand, has reported net profits that have grown in each of the last five financial years going back to FY2012. If one were to annualise the reported net profit for nine months of FY17, it is well on its way to topping the Rs 500 crore mark for the fiscal. A consistent track record of profitability, a strong management team and an obsession with keeping costs to the minimum is the best medicine to keep profits rolling going ahead. Retail investors can subscribe to the issue.At the lower end of the price band, the company is asking for 35 times its FY17 annualised net profit on a post issue equity base. While this is at a slight premium to Future Retail (34.2 times FY17 earnings), it is justified given that Future's FY17 estimated revenues are 60 per cent more while its net profit is 35 per cent...
02-03-2017
Bigul

Updates

Shifting of Registered Office of M/s Link Intime India Private Limited, Registrar and Share Transfer Agent of the Company.
02-03-2017

Future Retail soars 96% in 2017: Why the rush to own its shares?

Traders queued up to buy shares of Future Retail as Morgan Stanley initiated coverage with an overweight rating
01-03-2017
Bigul

Future Retail gleams in new avatar

With 45 per cent stock appreciation in February and almost 100 per cent in 2017, Future Retail stands as an unexpected winner on the bourses. While some part of the rally may be fuelled by impending public issue of Avenue Supermart (which operates DMart retail chain), the improvement in the company's financial performance post the restructuring exercise is also rewarding the stock.Future Retail was re-listed in August 2016, and has seen its net profit surge consecutively for the last three quarters-total profit for nine months of FY17 was Rs 245 crore. In its new avatar, the company is projected as a pure-play retailer focused on increasing same-store sales, improving product offerings and more importantly maximising capital deployment. In other words, unlike its earlier model of taking debt to expand business, Future Retail will predominately be asset-light, incurring only working capital costs. From FY15 till now, working capital days has reduced from 168 days to 104 days and...
28-02-2017
Bigul

UK's Laura Ashley To Set Foot On India Via Future Retail Deal

The Laura Ashley group trades in 446 stores worldwide,194 of which are located in the UK, Ireland and France, with the remaining 252 being franchise stores situated in 29 territories across...
23-02-2017
Bigul

Presentation to Analysts/ Investors

Future Retail Ltd has submitted to BSE a copy of Presentation to Analysts/ Investors on the Unaudited Financial Results of the Company for the quarter and Nine Months ended December 31, 2016.
07-02-2017
Bigul

Future Retail zooms 20% post Q3 results

The stock locked in upper circuit of 20% to Rs 227, also its record high on the BSE
07-02-2017
Bigul

Standalone Financial Results, Limited Review Report for December 31, 2016

Future Retail Ltd has informed BSE about : 1. Standalone Financial Results for the period ended December 31, 20162. Standalone Limited Review for the period ended December 31, 2016
07-02-2017
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