Future Lifestyle Fashions Ltd. · NSE:FLFL
Future Lifestyle Fashions — Q2 FY22 Earnings Presentation
24 slides from Future Lifestyle Fashions's earnings presentation, Nov 13, 2021
Slide 1: Presentation on Financial Results cover letter to exchanges
Ref: FLFL/BM/ 2021-22 13 November 2021 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 Q2FY22
Future Lifestyle Fashions Investor Update Q2FY22
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 04 2. FLF Q2 Highlights 09 3. Q2 FY22 Financial Performance 18 3
Slide 5: Economic & Operating Indicators improved during Q2
Economic & Operating Indicators improved during Q2 Economic indicators improved during Q2 FY22 Operating Indicators • Avg monthly GST collections in Q2 FY22 was Rs 1.15 lacs • Declining COVID cases. Daily new cases less crore, 5% higher than monthly average of Q1 FY21. than 30,000. • The manufacturi
Slide 6: Mobility improved since May end across various categories
Mobility improved since May end across various categories May 21 FLF | Investor Update All nos are in Rs. cr. unless otherwise mentioned 5
Slide 7: Consumer Confidence (for future) in upswing except Price trends
Consumer Confidence (for future) in upswing except Price trends • Confidence on current situation improved over last 3 months, though it is still negative • Sentiments on future situation is positive but with mixed signals on economic situation and inflation. Source: RBI Consumer Confidence Survey S
Slide 8: Inflationary pressure across Sectors and Industries
Inflationary pressure across Sectors and Industries Monthly CPI (In % YoY) 6.5% 6.1% 5.9% 5.8% 5.8% 5.4% 6.3% 6.3% 5.6% 5.3% 4.2% 4.4% Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 CPI % Core CPI% • CPI inflation averaged 5.1% in Q2 FY22. Core inflation (ex-food, fuel and light), was at 5.8% in Sept-21.
Slide 9: To Conclude…
To Conclude… • Economy is recovering, despite uncertainty around Third Covid Wave. • Consumer confidence has improved over the last quarter and exhibit positive outlook for future but still have concerns over Economy and inflation. • Inflation and rising raw material costs, coupled with supply chain
Slide 10: Agenda
Agenda 1. Economy & Consumer Insights 04 2. FLF Q2 Highlights 09 3. Q2 FY22 Financial Performance 18 9
Slide 11: FLF strategy
FLF strategy 1. Drive business recovery with higher Gross margins 2. Drive recovery through Brands 3. Strengthen Online & Omni-capabilities 4. Sustain Operating Cost efficiencies FLF | Investor Update All nos are in Rs. cr. unless otherwise mentioned 10
Slide 12: Central: Q2 Update
Central: Q2 Update Q2 FY22 vs Q2 FY21 Footfalls +127% • Stores were operational for 78% of Q2 • Revenue achieved 2.2X of Q2 FY21 Conversions -5% • Focus was on ATV increase through ticket size offers and bundled promotions ATV +23% ASP +12% FLF | Investor Update All nos are in Rs. cr. unless otherwi
Slide 13: Brand Factory: Q2 Update
Brand Factory: Q2 Update Q2 FY22 vs Q2 FY21 Footfalls +91% • Stores were operational for 89% of Q1 Conversions -4% • Revenue achieved 1.6X of Q2 FY21 ATV -1% ASP +11% FLF | Investor Update All nos are in Rs. cr. unless otherwise mentioned 12
Slide 14: FLF Store network
FLF Store network No change in store count and area. Store count June 21 Sep 21 46 46 106 106 EBOs 181 181 Total 333 333 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 13
Slide 15: Events & Promotions: 11cr+ views with 11%+ engagement rate
Events & Promotions: 11cr+ views with 11%+ engagement rate Festivals of India Brand X Central Celebrations with content makers Exclusive collection launch on Digital assets of Central FLF | Investor Update All nos are in Rs. cr. unless otherwise mentioned 14
Slide 16: Events & Promotions: 4cr+ views with 15%+ engagement rate
Events & Promotions: 4cr+ views with 15%+ engagement rate New Brand launch Going Social / Topicals Festival Celebrations Captured the moments / in-trend memes Celebrated Special days such as Teacher’s day, Friendship Day Ladies Ethnic Reel Mens Casual Reel 94k views 30K views FLF | Investor Update A
Slide 17: Events & Promotions
Events & Promotions Driving Engagement on Social Media Indigo Nation Scullers Converse Jealous21 FLF | Investor Update All nos are in Rs. cr. unless otherwise mentioned 16
Slide 18: Events & Promotions: aLL
Events & Promotions: aLL aLL at your doorstep #unaplogetically me Pilot influencer activation in East • Continued to serve customers through aLL At Your Doorstep using Google Forms Influencer Nivriti Das Store-Walk & Missed Call service – 7045678970 for Building a powerful platform for the audience
Slide 19: Agenda
Agenda 1. Economy & Consumer Insights 04 2. FLF Q2 Highlights 09 3. Q2 FY22 Financial Performance 18 18
Slide 20: Financial Performance Q2 FY22 FLF Standalone and Consolidated
Financial Performance Q2 FY22 FLF Standalone and Consolidated Income Statement Standalone Consolidated Particulars Q2 FY21 Q2 FY22 Q2 FY21 Q2 FY22 Revenue from Operations 388 793 409 833 COGS 268 534 285 568 Gross Profit 120 259 124 265 Gross Margin % 31.0% 32.7% 30.3% 31.8% Employee Benefits Expens
Slide 21: Financial Performance 6M FY22 FLF Standalone and Consolidated
Financial Performance 6M FY22 FLF Standalone and Consolidated Income Statement Standalone Consolidated Particulars 6MFY21 6MFY22 6MFY21 6MFY22 Revenue from Operations 468 1,058 495 1,131 COGS 325 713 348 773 Gross Profit 143 345 148 358 Gross Margin % 30.5% 32.6% 29.8% 31.7% Employee Benefits Expens
Slide 22: Capital Employed Statement
Capital Employed Statement Capital Employed Statement Sep-20 Mar-21 Sep-21 Shareholder's Funds 1,028 701 142 Debt 1,623 1,712 1,772 Less: Cash and cash equivalent 39 50 33 Net Debt 1,583 1,663 1,739 Less: Current Investment 40 38 38 Net Adj Capital Employed 2,572 2,326 1,843 FLF | Investor Update Al
Slide 23: Cash Flow Statement
Cash Flow Statement Cash Flow Sep-20 Mar-21 Sep-21 Profit after tax (611) (933) (557) Adjustments of Other Operational and Non Cash Items 496 967 532 Change in Working Capital 124 271 314 Cash flow from Operational Activities 10 304 289 Income Tax Paid (3) (1) (3) Net cash flow from Operational Acti
Slide 24: 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 23
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