Future Retail Ltd.

NSE: FRETAIL | BSE: 540064 | ISIN: INE752P01024 |Industry: Department Stores
|Weak Stock
72.10 -1.70 (-2.30%)
NSE Oct 27, 2020 15:31 PM
Volume: 2.4M

Future Retail Ltd.    
01 Aug 2019
Motilal Oswal
Showing consistency in SSSG, margin improvement: FRL reported revenue growth of 14% YoY (in-line) to INR52.3b in 1QFY20. EBITDA grew 20% YoY to INR2.7b on a pre-Ind-AS 116 basis (reported EBITDA at INR6.3b), with margin improving 30bp YoY to 5.1% led by healthy SSSG of 8.3% YoY. PAT (pre-IndAS) grew 11% YoY to INR1.7b (reported growth of +6% YoY, implying an impact of INR75m from the accounting change). Healthy trends at Big Bazaar; Easyday WIP: Big Bazaar (BB) recorded steady SSSG of 8.1% with three store additions (BB and FBB). In our view, BB grew revenue/EBITDA at 8%/18% YoY, led by healthy margin improvement....
Future Retail Ltd. has lost -81.02% in the last 1 Year
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