Future Lifestyle Fashions Ltd. · NSE:FLFL
Future Lifestyle Fashions — Q3 FY2021 Earnings Presentation
16 slides from Future Lifestyle Fashions's earnings presentation, Feb 11, 2021
Slide 1: Future Lifestyle Fashions Quarterly Result – Q3FY21
Future Lifestyle Fashions Quarterly Result – Q3FY21 11th February, 2021
Slide 2: 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 3: FLF Q3 operating parameters
FLF Q3 operating parameters 1 Store ramp-up status Store operations at full capacity 2 ~~100% of Central and BF stores are operational by 31 st December CT BF Days 91 100 103 Operational 97% 99% 43 45 27 Hours 0 0 Operational 95% 95% Q1 start Q1 end Q2 end Q3 end • 1 Brand Factory stores are not ope
Slide 4: Store network
Store network Company store network Store count Dec 19 Dec 20 44 45 93 104 EBOs 202 184 Total 339 333 Area (mn Sqft) 6.8 7.5 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 4
Slide 5: State analysis – Central sales
State analysis – Central sales Y-o-Y quarterly recovery of Retail sales over LY NA < 40% (1 city) > 40% (13 cities) > 60% (12 cities) Top 5 Cities Bottom 5 Cities City % to LY City % to LY Guwahati 87% Mohali 47% Ranchi 77% Trivandrum 44% Vizag 76% Gurgaon 43% Patna 73% Blr 41% Kolkata 72% Delhi 38%
Slide 6: State analysis – Brand Factory sales
State analysis – Brand Factory sales Y-o-Y quarterly recovery of Retail sales over LY NA < 40% (4 cities) > 40% (24 cities) > 60% (12 cities) Top 5 Cities Bottom 5 Cities City % to LY City % to LY Asansol 112% Zirakhpur 41% Kolkata 89% Jaipur 40% Ujjain 72% New Delhi 37% Mangalooru 67% Ghaziabad 37%
Slide 7: Cost reduction update – 9M
Cost reduction update – 9M ➢ A&M was appointed to drive the cost reduction to bring the efficiency ➢ Total cost reduction planned for the year is Rs. 611 cr. ➢ Cost reduction achieved during 9 months is Rs. 575 cr. Building blocks of cost reduction in 9M FY21 88 59 66 575 234 128 Employee Benefits R
Slide 8: Latest Events at Central
Latest Events at Central Festive Season Central Central Central tied up with ICICI as the Celebrated International Mens Central tied up to give OTT exclusive banking partner and co- Day platform subscription upon promoted Central’s offering in IPL Launched Celio’s Powerflex shopping denim collection
Slide 9: Campaigns and Promotions at Brand Factory
Campaigns and Promotions at Brand Factory Biggest Fashion Unlock Sale ➢ Campaign: With Unlock 5.0 & peak festive season, the market was slowly sensing the festive sentiments & people were stepping out to shop (for themselves & gifting purpose) ➢ Offer: Shop for ₹ 3500 & Pay only ₹ 1499 , Buy 2 Get 3
Slide 10: Campaigns and Promotions at Lee Cooper and aLL
Campaigns and Promotions at Lee Cooper and aLL aLL Online to offline campaign Lee Cooper Be Festive Ready with aLL. Book your shopping IPL - #TheOGCricketFan & Diwali Celebration - # slot and Get Rs. 500 Off was promoted through Complete The Look TheFestiveFamJam Social media aLL Safe shirts Launch
Slide 11: FLF Snapshot – Q3 FY21 (Consolidated)
FLF Snapshot – Q3 FY21 (Consolidated) Total Income From Gross Margin Expense EBITDA Margin Gross Space Addition PAT Operations (mn. sq. ft.) 9M FY21 ₹1,452 Cr ₹385 Cr ₹712 Cr (20%) ₹(684) cr nil 9M FY20 ₹4,865 Cr ₹1,731 Cr ₹1,287 Cr 10% ₹111 cr 0.80 FLF Brands Q3 FY21 Margins Contributed ~35% of R
Slide 12: Financial Performance Q3 FY21 – without Ind AS 116
Financial Performance Q3 FY21 FLF Standalone and Consolidated – without Ind AS 116 Without IND-AS 116 Income Statement (Rs Cr) Standalone Consolidated Gr% Gr% Particulars Q3'20 Q3'21 Q3'20 Q3'21 Revenue from Operations 1,670 919 -45% 1,746 952 -45% COGS 1,085 679 -37% 1,134 709 -37% Gross Profit 586
Slide 13: Financial Performance 9M FY21 – without Ind AS 116
Financial Performance 9M FY21 FLF Standalone and Consolidated – without Ind AS 116 Without IND-AS 116 Income Statement (Rs Cr) Standalone Consolidated Gr% Gr% Particulars 9MFY20 9MFY21 9MFY20 9MFY21 Revenue from Operations 4,631 1,392 -70% 4,865 1,452 -70% COGS 2,984 1,013 -66% 3,134 1,067 -66% Gros
Slide 14: Financial Performance Q3 FY21 – with Ind AS 116
Financial Performance Q3 FY21 FLF Standalone and Consolidated – with Ind AS 116 With IND-AS 116 Income Statement (Rs Cr) Standalone Consolidated Gr% Gr% Particulars Q3'20 Q3'21 Q3'20 Q3'21 Revenue from Operations 1,667 917 -45% 1,742 950 -45% COGS 1,085 679 -37% 1,134 709 -37% Gross Profit 582 238 -
Slide 15: Financial Performance 9M FY21 – with Ind AS 116
Financial Performance 9M FY21 FLF Standalone and Consolidated – with Ind AS 116 With IND-AS 116 Income Statement (Rs Cr) Standalone Consolidated Gr% Gr% Particulars 9MFY20 9MFY21 9MFY20 9MFY21 Revenue from Operations 4,620 1,385 -70% 4,854 1,445 -70% COGS 2,984 1,013 -66% 3,134 1,067 -66% Gross Prof
Slide 16: Namaste !
Namaste ! Registered and Corporate Office: Knowledge House, Shyam Nagar, Off JVLR, Jogeshwari (East), Mumbai 400 060 +91 22 30842336 | investorrelations@futurelifestyle.in www.futurelifestyle.in
Future Lifestyle Fashions — Q3 FY2021 Earnings Presentation on 6ix