Future Retail Ltd.

NSE: FRETAIL | BSE: 540064 | ISIN: INE752P01024 |Industry: Department Stores
|Weak Stock
72.15 0.45 (0.63%)
NSE Oct 20, 2020 14:04 PM
Volume: 3.2M

Future Retail Ltd.    
12 Jul 2018

Company Report - Gaining strength from industry Consolidation

Prabhudas Lilladhar
FRL to turn net cash positive by FY20, trades at 50% discount to D'Mart We are incorporating HyperCity merger in our estimates and cut PBT estimates by 11.3% and 8.7% for FY19 and FY20 due to higher interest and depreciation, lower other income and EBIDTA turnaround happening by 1HFY19 only. HyperCity merger has consolidated FRL's position in Hypermart format and will strengthen Big Bazaar Gen NXT brand which has premium positioning. Big Bazaar has sustained double digit SSG (7 quarters)...
Future Retail Ltd. has lost -34.74% in the last 3 Months
More from Future Retail Ltd.