Future Lifestyle Fashions Ltd. · NSE:FLFL
Future Lifestyle Fashions — Q1 FY23 Earnings Presentation
16 slides from Future Lifestyle Fashions's earnings presentation, Aug 27, 2022
Slide 1: Exchange cover letter: Presentation to Analysts/Investors
Ref: FLFL/BM/ 2022-23 27 August 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 : 53
Slide 2: Future Lifestyle Fashions Investor Update Q1FY23
Future Lifestyle Fashions Investor Update Q1FY23
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: Contents
Contents 1. Economic Snapshot 2. Q1 FLF Business Update 3
Slide 5: Economy projected to grow at 7-7.5% in FY23
Economy projected to grow at 7-7.5% in FY23 • Economic momentum is expected to be strong in current FY. • The recovery in contact-intensive and discretionary sectors such as travel, vacations, dining out is supporting economic growth. • Q1 is expected to grow in double-digits due to low base in PY o
Slide 6: Economic Indicators improved during Q1 FY23, indicating optimism
Economic Indicators improved during Q1 FY23, indicating optimism Avg. Monthly GST collection (in Rs lac cr) E-way Bills (in cr) 1.5 7.2 7.4 1.3 5.5 1.1 Q1 FY22 Q3 FY22 Q1 FY23 Jun-21 Dec-21 Jun-22 Manufacturing PMI 55.5 • In April-22, GST collections stood at Rs 1.67 lac cr 53.9 and crossed Rs 1.5 l
Slide 7: Consumer Confidence is also on upswing
Consumer Confidence is also on upswing • Consumer confidence for the current period has been consistently improving since July 21. • One year ahead outlook of households remained in growth terrain despite marginal moderation in sentiments. Consumer Confidence Index Source: RBI Consumer Confidence Su
Slide 8: However, Inflationary pressure remains high posing growth concerns
However, Inflationary pressure remains high posing growth concerns Monthly CPI (In % YoY) 7.8% 7.0% 6.5% 6.9% 7.0% 6.1% 5.9% 5.8% 5.8% 6.0% 6.1% 6.0% 5.9% 6.0% 5.4% 6.9% 6.3% 6.3% 6.0% 6.0% 6.3% 6.1% 5.9% 5.6% 5.3% 5.6% 4.5% 4.9% 4.2% 4.4% Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-
Slide 9: To Conclude…
To Conclude… • Economy is expected to be buoyant in FY 22-23 • Consumer confidence is on a continuous upswing over past few months and exhibit positive outlook for future • Inflationary pressure remains high posing downside risks but is expected to moderate over next few months. FLF | Investor Updat
Slide 10: Contents
Contents 1. Economic Snapshot 2. Q1 FLF Business Update 9
Slide 11: Q1 Focus
Q1 Focus 1. Key task was to maximise business within available resources and network 2. Margin improvement 3. Internal brands contribution improvement FLF | Investor Update All nos are in Rs. cr. unless otherwise mentioned 10
Slide 12: Central: Q1 Update for Operational Stores
Central: Q1 Update for Operational Stores Q1 FY23 vs Q1 FY22 Footfalls 315% • Stores were operational for 93% days during Q1 Conversions • Revenue recovery of 370% of Q1 FY22 0% • Internal brands contribution at 32% in Q1 FY23 ATV -10% ASP -10% Business +270% FLF | Investor Update Note:- Above analy
Slide 13: Brand Factory: Q1 Update for Operational Stores
Brand Factory: Q1 Update for Operational Stores Q1 FY23 vs Q1 FY22 Footfalls 212% • Stores were operational for 82% days during Q1 Conversions • Revenue recovery of 292% of Q1 FY22 -3% • Internal brands contribution at 50% in Q1 FY23 ATV +1% ASP -14% Business +192% FLF | Investor Update Note:- Above
Slide 14: FLFL Retail Store update
FLFL Retail Store update There is no major change in store count in Q1. Store count Mar-22 Jun-22 11 10 28 28 EBOs 141 139 Total 180 177 Area (mn Sqft) 2.5 2.4 FLF | Investor Update All nos are in Rs. cr. unless otherwise mentioned 13
Slide 15: Financial Performance Q1 FY23 FLF Standalone and Consolidated
Financial Performance Q1 FY23 FLF Standalone and Consolidated Income Statement Standalone Consolidated Particulars Q1 FY22 Q1 FY23 Q1 FY22 Q1 FY23 Revenue from Operations 265 266 298 273 COGS 179 171 205 178 Gross Profit 86 95 93 95 Gross Margin % 32.5% 35.6% 31.3% 34.6% Employee Benefits Expense 56
Slide 16: 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 15
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