Future Lifestyle Fashions Ltd. · NSE:FLFL
Future Lifestyle Fashions — Q3 FY22 Earnings Presentation
23 slides from Future Lifestyle Fashions's earnings presentation, Feb 11, 2022
Slide 1: Cover letter to BSE and NSE on financial results presentation
Ref: FLFL/IP/Q3/ 2021-22 11 February 2022 To To Dept. of Corporate Services (CRD) Listing Department BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 001. Mumbai - 400 051. Scrip Code
Slide 2: Future Lifestyle Fashions Investor Update Q3FY22
Future Lifestyle Fashions Investor Update Q3FY22
Slide 3: Disclaimer
Disclaimer This report contains forward-looking statements, which may be identified by their use of words like ‘plans’, ‘expects’, ‘will’, ‘anticipates’, ‘believes’, ‘intends’, ‘projects’, ‘estimates’, or other words of similar meaning. All statements that address expectations or projections about t
Slide 4: Agenda
Agenda 1. Economy & Consumer Insights 03 2. FLF Q3 Highlights 08 3. Q3 FY22 Financial Performance 19 3
Slide 5: Economic Indicators improved during Q3, indicating optimism
Economic Indicators improved during Q3, indicating optimism GST collection (in Rs lac cr) E-way Bills (in cr) 1.3 6.8 7.2 5.5 1.15 1.1 Q1 FY22 Q2 FY22 Q3 FY22 Jun-21 Sep-21 Dec-21 Manufacturing PMI • Macro-economic indicators improved during Q3. 55.5 However, certain sectors remain impacted and are
Slide 6: Consumer Confidence (for future) in upswing except Price trends and Spending
Consumer Confidence (for future) in upswing except Price trends and Spending • Sentiments on future situation is positive but with mixed signals on price and spending. • Given the uncertain times, consumers are taking a more cautious approach while doing discretionary spending. Source: RBI Consumer
Slide 7: Inflationary pressure continue across Sectors and Industries
Inflationary pressure continue across Sectors and Industries Monthly CPI (In % YoY) 6.5% 6.1% 6.1% 5.9% 5.8% 5.8% 6.0% 6.0% 5.4% 6.3% 6.3% 5.6% 5.3% 5.6% 4.9% 4.2% 4.4% 4.5% Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 CPI % Core CPI% • CPI inflation averaged 5% in Q3 FY22 (vs 5.1%
Slide 8: To Conclude…
To Conclude… • Economic recovery improved in Q3 over previous quarters, reaching pre-pandemic levels. However, different sectors are at different levels of recovery. • Consumer confidence has improved over the last quarter and exhibit positive outlook for future but still have concerns over inflatio
Slide 9: Agenda
Agenda 1. Economy & Consumer Insights 03 2. FLF Q3 Highlights 08 3. Q3 FY22 Financial Performance 19 8
Slide 10: FLF strategy
FLF strategy 1. Drive higher business recovery with higher Gross margins 2. Drive recovery through Brands 3. Continue building Omni-capabilities 4. Sustain Operating Cost efficiencies FLF | Investor Update All nos are in Rs. cr. unless otherwise mentioned 9
Slide 11: Central: Q3 Update
Central: Q3 Update Q3 FY22 vs Q3 FY21 Footfalls +35% • Stores were operational for 99% during Q3 Conversions 0% • Revenue achieved 1.3X of Q3 FY21 • Internal brands contribution at 20% in Q3 FY22 ATV -4% • Improvement in Gross margin% by 6.4% over Q3 FY21 due to markdown reduction ASP +3% FLF | Inve
Slide 12: Brand Factory: Q3 Update
Brand Factory: Q3 Update Q3 FY22 vs Q3 FY21 Footfalls +13% • Stores were operational for 99% during Q3 • Revenue achieved 1.13X of Q3 FY21 Conversions +1% • Internal brands contribution at 33% in Q3 FY22 ATV -3% • Improvement in Gross margin% by 9.2% over Q3 FY21 due to markdown reduction ASP +10% F
Slide 13: FLF Store network
FLF Store network No major change in store count and area. Store count Sep 21 Dec 21 46 46 106 107 EBOs 181 178 Total 333 331 Area (mn Sqft) 7.6 7.6 Note:- Includes numbers of Lee Cooper business Stores. Map is not to scale FLF | Investor Update All nos are in Rs. cr. unless otherwise mentioned 12
Slide 14: New Store Launch in Q3
New Store Launch in Q3 Opened Ranchi store in Q3 • Date of opening: 1 December 21 • The store is Brand Factory’s first store in Jharkhand. • It is 25,000+ sq ft, G+2 format. Store is at Lalpur Chowk, prime location of Ranchi. • Ranchi being an educational hub, store catchment is youth oriented. • Ex
Slide 15: Events & Promotions
Events & Promotions Central Baraat TRENDSTAR - TITAN First Ever Insta Baraat #pauseAndPlay Challenge Total Reach: 25 lac+ Total Views: 20 lac+ Total Views: 5 lac+ FLF | Investor Update All nos are in Rs. cr. unless otherwise mentioned 14
Slide 16: Events & Promotions
Events & Promotions New Brand launch Winter Campaign Amplification Regional Festivals Influencers showcasing winter categories Multi-media approach to drive Reached 10 lac+ people traffic during regional festivals in Bhubaneshwar, Cuttack Ladies Western Mens Casual Reel 100k views 30K views FLF | In
Slide 17: Events & Promotions
Events & Promotions Driving Engagement on Social Media Indigo Nation Jealous 21 John Miller Scullers FLF | Investor Update All nos are in Rs. cr. unless otherwise mentioned 16
Slide 18: Events & Promotions: aLL
Events & Promotions: aLL Fabulously Festive with Sakshi Sindwani Festive Campaign aLL awards • Create buzz around the Festive Kicked off the festive season Acknowledged our audience & Collection Launch and promoted the with our Hero campaign ended the year with aLL awards range via social media • Bo
Slide 19: FLFL Way Forward
FLFL Way Forward • Relevant products for spring season. Capitalise on wedding season. • Footfall & ticket size improvement. Relevant marketing activities to increase footfalls post Third wave. • Inventory build-up • Continuous reduction of markdown and improvement of operating margins. Sustain cost
Slide 20: Agenda
Agenda 1. Economy & Consumer Insights 03 2. FLF Q3 Highlights 08 3. Q3 FY22 Financial Performance 19 19
Slide 21: Financial Performance Q3 FY22 FLF Standalone and Consolidated
Financial Performance Q3 FY22 FLF Standalone and Consolidated Income Statement Standalone Consolidated Particulars Q3 FY21 Q3 FY22 Q3 FY21 Q3 FY22 Revenue from Operations 917 1,194 950 1,255 COGS 672 804 696 846 Gross Profit 245 390 254 409 Gross Margin % 26.7% 32.6% 26.7% 32.6% Employee Benefits Ex
Slide 22: Financial Performance 9M FY22 FLF Standalone and Consolidated
Financial Performance 9M FY22 FLF Standalone and Consolidated Income Statement Standalone Consolidated Particulars 9MFY21 9MFY22 9MFY21 9MFY22 Revenue from Operations 1,385 2,252 1,445 2,387 COGS 997 1,517 1,044 1,619 Gross Profit 388 735 401 767 Gross Margin % 28.0% 32.6% 27.8% 32.2% Employee Benef
Slide 23: Namaste !
Registered and Corporate Office: Namaste ! Knowledge House, Shyam Nagar, Off JVLR, Jogeshwari (East), Mumbai 400 060 +91 22 30842336 | investorrelations@futurelifestyle.in www.futurelifestyle.in FLF | Investor Update All nos are in Rs. cr. unless otherwise mentioned 22
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