Added 20 Gyms in one day: On 8th November, the Company opened 20 owned Gyms in Bengaluru under its Power World Gym (PWG) brand. These Gyms have been set up with an average capex of `2-2.5mn per Gym. Management anticipates these new Gyms to earn ~`20-25mn sales per Gym and accrue ~25% ROCE within a year. With this move Talwalkars has become second largest player in Bengaluru with 25 Gyms. As on 9th November 2016 Talwalkar has 198 fitness centers across India. The Company intends to open 6 Hi- Fi centers by March17. By2019 Talwalkars plans to increase its fitness club network to 250 with the combination of own and franchisee...