I never said they are not on Amazon.
As I said, I was unable to find the product on Amazon. Could you please provide the product link on Amazon if you still see it?
Itâs very interesting Biyani adopting some better ideas
Unless we can see a product at Amazon or Big basket , it is just a press release .
Watch Kishire Biyaniâs exhaustive interview. He says - Ram Charan is my coach and mentor now. He is teaching me on execution. And he says - he does not believe in succession planning. He will be very happy if his daughters are just good shareholders in the future. he is brutally honest about his failures and learningsâŚ
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Excellent News for Future Consumer on a black Tuesday for market, if this deal goes on then sky is the limit for Future Group⌠thrilled to see this news
How will any future tie-up with Amazon or Alibaba impact Future Consumer per se?
Results Average⌠will have to wait few more quarters before this makes any significant profits⌠but still its a long term growth story, Company in expansion phase ⌠canât expect everything to workout now itself in one or two quarters.
Future Consumer Q3 (YoY)
Revenue up 42 percent at Rs 784 crore.
Net loss at Rs 3.1 crore versus loss of Rs 11.3 crore.
Ebitda at Rs 16.5 crore versus Rs 3.2 crore.
Margin at 2.1 percent versus 0.6 percent.
Morgan Stanley on Future Consumer
Maintained âOverweightâ with price target of Rs 95.
December quarter showed strong revenue growth and operating leverage.
Overall revenue growth driven by fruits and vegetables, FMCG, and staples.
Scale-driven efficiencies, better fixed-cost absorption, and product mix improvement to drive margins.
Hi All,
Just curious to know if all is well with future consumer ? sudden price fall is there indication of something we are not aware about ? or event ? looking forward to your feedback.
Thanks
Kumar
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IMO, reason for sell off could be that Investors have started booking profits or loss to show in Income tax filing⌠I may be wrong but FCEL is looking attractive at current priceâŚ
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One more JV partnership by Future Consumer Ltd:
Future Consumer said it has entered into a joint venture agreement with Bin Ablan Group, to establish the business of manufacturing, packaging, marketing, selling, sourcing and distributing cupcakes and pound cakes, by way of forming a joint venture company. Bin Ablan is a Dubai-based company operating in the manufacturing of cakes and other FMCG manufacturing and distribution activities. Future Consumer and Bin Ablan each, directly or through their respective affiliates, shall hold 50% of the paid-up share capital of the joint venture company.
Sources:
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Quite challenging to understand the strategy he keeps changing, every time new methodology. He is not focusing on the one direction and that is concern i feel. Board your opinion invited.
Disc: Invested
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To Quote from the above news article
âThe strategy at nearly 280 Big Bazaar outlets will result in about Rs 20,000 crore savings for consumers annually, the company said.â
âFor its Vision 2021, Future Group is looking to more than treble revenue to Rs 75,000-1 lakh crore from Rs 22,000 crore last year.â
I donât know what to make out. Data points are misleading⌠How can you save Rs 20,000 cr from Rs 22,000 cr revenue?
Disc: Not Invested
Its 2000 Cr, not 20,000 Cr.
Its like pricing a product at Rs.100, giving 50% discount, and stating that the consumer has saved Rs.50.
The aim of the group, it seems, is to compete with other big discount retailers like D-Mart and online giants by offering best priced goods. And the savings (read : discounts) will be the largest in their private labels 
.
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all right⌠They must have edited the report and rectified it⌠I just did copy pasteâŚ
Now, if I give average 9% discount to customer, it may improve my volumes, but do we have that much margins?
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The turn over of the company of Rs 22K cr is annual, while the savings of
Rs 20K cr quoted by KB is possibly cumulative over several yrs. In this
case, may be he is quoting the saving between 2018 - 21. We have to read
the statements in the context.
In my humble opinion, the valuation of Future Consumer is awfullly expensive.
I performed some calculations and compared the performance of Future Consumer with the retailing behemoth- Walmart. The results were baffling.
Future Consumer:
Sales: 2300 Crores( Year ended March,2018)
Net profit: 30 Crores
Market Capitalisation:10500 Crores
Walmart:
Sales( in late 1970s)- 3100 Crores
Net profit:100 Crores
Market Capitalisation: 1250 Crores
Relevant adjustments for inflation and purchasing power parity have been made for Walmartâs financials.
1$= Rs 12
Walmart was earning more money than Future consumer. Yet, available for a valuation less than 15% of Future Consumer. Walmart was a rapid grower and consistent profit generator.
Walmart was an expansion machine.
Now, letâs consider the case when Walmartâs valuation became equal in 1986 to Future Consumerâs valuation today.
Sales(1986): 22000 Crores ( Inflation and purchasing power adjustments made)
Net profit: 850 Crores
One reason often cited for FCLâs elevated valuations will be the growth prospects. But, itâs pertinent to note that even Walmart was growing tremendously. Yet, it was available at reasonable valuations.
Is it possible that in the current valuations of FCL too many expectations have been discounted?
For a company that has hardly generated profits are such valuations sustainable?
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While your efforts are commendable but there is no similarity between the business model of the two companies. One is FMCG and other is Retail. At best you can compare Walmart to Future Retail.
Also 1986 was a different period when high growth companies like Walmart with a proven record was trading at less than 15x PE. There is no company in the entire exchange now which is trading at those valuations. Future retail 45x, Dmart 120x, V-Mart 50x, V2-Retail 60x !!!
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