View Future GrowthFuture Retail 과거 순이익 실적과거 기준 점검 0/6지난 몇 년간 Future Retail 의 실적에 대한 데이터가 부족합니다.핵심 정보n/a순이익 성장률n/a주당순이익(EPS) 성장률Consumer Retailing 산업 성장률23.92%매출 성장률n/a자기자본이익률n/a순이익률n/a최근 순이익 업데이트31 Dec 2021최근 과거 실적 업데이트Reported Earnings • Feb 15Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: ₹19.61 loss per share (down from ₹15.64 loss in 3Q 2021). Revenue: ₹28.3b (up 83% from 3Q 2021). Net loss: ₹10.6b (loss widened 26% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.공고 • Feb 08Future Retail Limited to Report Q3, 2022 Results on Feb 14, 2022Future Retail Limited announced that they will report Q3, 2022 results on Feb 14, 2022Reported Earnings • Nov 15Second quarter 2022 earnings released: ₹20.60 loss per share (vs ₹12.25 loss in 2Q 2021)The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2022 results: Revenue: ₹23.8b (up 67% from 2Q 2021). Net loss: ₹11.2b (loss widened 61% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 30Full year 2021 earnings released: ₹59.03 loss per share (vs ₹0.22 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹65.6b (down 68% from FY 2020). Net loss: ₹31.9b (down ₹32.0b from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 14Second quarter 2021 earnings released: ₹12.25 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: ₹14.2b (down 74% from 2Q 2020). Net loss: ₹6.92b (down ₹8.58b from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has only fallen by 49% per year, which means it has not declined as severely as earnings.공고 • Nov 07Future Retail Limited to Report Q2, 2021 Results on Nov 13, 2020Future Retail Limited announced that they will report Q2, 2021 results on Nov 13, 2020모든 업데이트 보기Recent updatesBoard Change • Apr 01Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Executive Chairman Kishore Biyani was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공고 • Jan 31Future Retail Limited Announces Resignation of Nishi Jain as DirectorFuture Retail Limited announce that Ms. Nishi Jain has tendered a letter of her resignation from the position of the "Independent Director" of the Company with effect from January 27, 2024 (intimation received by RP thru' e-mail on January 27, 2024) due to pre-occupation and other professional commitments.공고 • Sep 19Future Retail's Creditors Extend Voting Timeline on SpaceMantra's Bid to September 30The committee of creditors (CoC) to Future Retail Limited (NSEI:FRETAIL) have extended the voting period for the third time to decide the winning bidder to acquire the debt-laden company. The timeline has now been extended till September 30 as lenders are still undecided whether to approve a very low offer from SpaceMantra or allow liquidation of FRL as there isn't enough time to seek fresh bids. The decision was taken on 16 September 2023 after the second timeline ended on September 15, three people familiar with the developments said. The majority of the creditors have yet to decide on the takeover plan under consideration. "Nobody is in a hurry to make a decision. Everyone is waiting for the other. Though some small bondholders have voted, the large financial creditors are still weighing options," said one of the persons cited above.공고 • May 19Space Mantra Only Bidder for Whole of Future RetailSpace Mantra, a company promoted by former NBCC chairman Anoop Kumar Mittal, emerged the only bidder seeking to take over the whole of Future Retail Limited (NSEI:FRETAIL) as the bids for the defunct retailer were opened on May 18, 2023. Puts Bid Worth INR 5,500 million.공고 • May 18Reliance Retail, Adani Group Reportedly No Longer Bidding for Future RetailReliance Retail Limited and the Adani Enterprises Limited (BSE:512599) have opted out from the final round of bidding for Future Retail Limited (NSEI:FRETAIL), ET Now reported on May 17, 2023 citing sources. It stated that six final bids have been received for Future Retail. The highest bid is from Space Mantra, while five other companies have placed their bid for parts of the company. These five bidders are Pinnacle Air, Palgun Tech LLC, Lehar Solutions, Goodwill Furniture and Sarvabhishta e-waste management, ET Now report added. On March 23, creditors of FRL invited new Expressions of Interest (EoIs) whereby prospective buyers can bid for the debt-ridden firm "as a going concern or individual cluster or a combination of clusters of its assets", as it failed to attract a resolution plan in more than four months. In April, 48 companies, including Reliance Retail and Adani Group, were shortlisted in the list of eligible resolution applicants for Future Retail. On April 10, FRL updated a list of 49 companies, which had submitted EoIs after the company's lenders decided to invite fresh bids after dividing its assets into clusters. Some of the other players who had submitted EoIs include WHSmith Travel Ltd, Sahara Enterprises, Century Copper Corp, Greentech worldwide, Harsha Vardhan Reddy, J C Flowers Asset Reconstruction Pvt Ltd, Pinnacle Air Pvt Ltd, and Universal Associates Except for Bommidala Enterprises, an Andhra Pradesh-based manufacturer of tobacco products, all companies were included in the final list. Bommidala Enterprises indicated that it will not be submitting a resolution plan. Earlier in April, the Mumbai-based National Company Law Tribunal (NCLT) bench had granted FRL an extension of 90 days till July 15, 2023, for concluding the Corporate Insolvency Resolution Process (CIRP).공고 • Jan 26Future Retail Limited Announces Resignation of Kishore Biyani as Executive Chairman and DirectorFuture Retail Limited informed that Mr. Kishore Biyani (DIN: 00005740) has tendered a letter of his resignation from the position of the "Executive Chairman and Director" of the Company with effect from 23 January 2023 (intimation received by resolution professional ("RP") through e-mail on 24th January 2023).공고 • Nov 11Reliance Group, Adani Reportedly Bid for India's Debt-Ridden Future RetailCompanies led by Asia's richest man, Gautam Adani, and billionaire Mukesh Ambani, the owner of Reliance Industries Limited (NSEI:RELIANCE) have entered the fray to acquire India's debt-laden Future Retail Limited (NSEI:FRETAIL), a document seen by Reuters shows. April Moon Retail Private Ltd, a joint venture between Adani Airport holdings and Flemingo group, Reliance Retail ventures as well as 13 other firms have submitted expressions of interest (EOIs) for Future Retail. Future Retail's court-appointed resolution professional (RP), Reliance Industries and Adani group did not immediately respond to emails seeking comment. The deadline for submission of EOIs ended earlier this month for Future Group's flagship retail unit, Future Retail, which was once the country's second-largest retailer. It was dragged into bankruptcy proceedings by banks after it defaulted on loans and its lenders rejected a $3.4 billion sale of its assets to market leader Reliance Industries amid a legal challenge by Amazon.com Inc. (AMZN.O). The U.S. e-commerce giant has accused Future of violating certain contracts by dealing with Reliance. Other entities that have submitted EOIs include Shalimar Corporation Ltd, Nalwa Steel & Power, United Biotech, WHSmith Travel, Capri Global Holdings. A total of 33 lenders had submitted loan claims of about INR 210.6 billion ($2.59 billion) in August under the ongoing insolvency process. The lead lenders include Bank of India (BOI.NS) and State Bank of India (SBI.NS). Future Retail's RP had set a deadline of Oct. 20 for submission of EOIs which had to be extended due to lack of interest. The final list of entities who have submitted the EOIs will be issued on Nov. 20, following which they will be asked to submit a resolution plan by December 15.공고 • Sep 30Future Retail Limited Appoints Pratiksha Salecha as Company Secretary and Compliance OfficerFuture Retail Limited has approved the appointment of Ms. Pratiksha Salecha as Whole time Company Secretary for the Company. Accordingly, Mr. Pratiksha Salecha has been appointed as whole time Company Secretary for the Company, a KMP (in terms of Section 203 of the CompaniesAct, 2013), and as Compliance Officer of the Corporate Debtor (in terms of Regulation 6(1) of the SEBI Listing Regulations). Ms. Pratiksha Salecha is member of Institute of Company Secretaries of India (ICSI) and having membership no. ACS 53339 and has requisite qualification to hold position of the Whole time Company Secretary, KMP and Compliance Officer of the Corporate Debtor.공고 • Sep 17Future Retail Limited Announces Resignation of Jacob Mathew as Independent DirectorFuture Retail Limited announced that Mr. Jacob Mathew has tendered a letter of his resignation from the position of the Independent Director of the Company with effect from 14th September, 2022 due to suspension of board as per the provisions of the Insolvency and Bankruptcy Code, 2016.공고 • Aug 26National Asset Reconstruction Company Limited has offered to acquire loan accounts of five companies from Future Retail Limited (NSEI:FRETAIL) and GTL Limited (BSE:500160).National Asset Reconstruction Company Limited has offered to acquire loan accounts of five companies from Future Retail Limited (NSEI:FRETAIL) and GTL Limited (BSE:500160) on August 19, 2022. The bad bank’s offers include 15 per cent of the consideration in cash, while the remaining 85 per cent would be in the form of security receipts. NARCL will come up with a binding offer only after it gets written consent from the lenders.공고 • Jul 30Future Retail Limited Announces Resignation Tendered by Independent Director, Ravindra DhariwalFuture Retail Limited announced that Mr. Ravindra Dhariwal has tendered a letter of his resignation from the position of the "Independent Director" of the Company with effect from 23rd July, 2022 (intimation received by IRP thru' e-mail on 28th July, 2022) due to Company being referred to insolvency /initiation of corporate insolvency resolution process and his power/role as Independent Director of the Company being suspended as per the provisions of the Insolvency and Bankruptcy Code, 2016.공고 • May 14Future Retail Limited Announces Resignation of C. P. Toshniwal as Chief Financial OfficerFuture Retail Limited announced that Mr. C. P. Toshniwal, Chief Financial Officer of the Company has resigned with effect from the closure of business hours of May 12, 2022. Consequent to the same, he shall also cease to be a `Key Managerial Personnel' (KMP) of the Company. Accordingly, he ceased to be CFO and KMP with effect from close of business hours on May 12, 2022.공고 • May 03Rakesh Biyani Do Not Sought Reappointment as Managing Director of Future Retail LimitedFuture Retail Limited informed that Mr. Rakesh Biyani (00005806) who was re-appointed as Managing Director for a period of three (3) years effective 02nd May, 2019, his term of office as Managing Director got completed on 01st May, 2022. As he has not sought reappointment, his appointment as Managing Director of the Company ceased to be effective with effect from 2nd May, 2022.공고 • May 02Future Retail Limited Announces Change in DirectorateFuture Retail Limited announced that Gagan Singh who was re-appointed as an Independent Director for a period of one (1) year effective 30 April, 2021 now ceased to be an Independent Director on completion of her term on 29 April, 2022. Consequently, she also ceased to be a member of the Audit Committee, Nomination and Remuneration Committee and Deal Strategy Committee of the Company.공고 • Apr 03Future Retail Limited Announces Default in Payment of Interest Due on Non-Convertible DebenturesFuture Retail Limited announced that the Company was able to make the payment for initial three trenches and failed to make the payment for last trench. Type of instrument is Rated, Listed, Secured, Redeemable, Non-Convertible Debentures. Date of default is March 31, 2022. Tenure as per revised term on implementation of OTR (Series IA 3 years 9 months & Series IB 4 years 9 months). Coupon Rate is 10.65% p.a. for both Series. Coupon Payment Frequency is Yearly for both Series. Current default amount is Interest due is INR 61,935,000 (till March 31, 2022). (only last trench of instalment amount has not been paid as per details given in its earlier letter dated 03rd June 2021). Gross Principal amount on which the default above has occurred is INR 1.99 billion (Series IA INR 1 billion & Series IB INR 0.99 billion).공고 • Apr 01+ 1 more updateFuture Retail Limited Announces Resignation of Sadashiv Nayak as Chief Executive OfficerFuture Retail Limited announced that Mr. Sadashiv Nayak, who was appointed as Chief Executive Officer effective 25th August, 2021 has tendered his resignation which is effective from the closure of business hours of 31st March, 2022.공고 • Feb 16Future Retail Limited Announces Lawsuit UpdateFuture Retail Limited announced that further to Company's earlier communications, informed that the referenced Civil Appeals were earlier heard by the Hon'ble Supreme Court Bench comprising of the Hon'ble Chief Justice, Hon'ble Mr. Justice A. S. Bopanaa and Hon'ble Ms. Justice Hima Kohli. The Hon'ble Supreme Court has passed Judgment wherein the Company has been granted liberty to file an Application before Hon'ble Delhi High Court seeking continuation of National Company Law Tribunal proceedings (in relation to the Scheme of Arrangement) and directed the Learned Single Judge to hear the matter and pass appropriate order(s) uninfluenced by any observation of Hon'ble Supreme Court.Reported Earnings • Feb 15Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: ₹19.61 loss per share (down from ₹15.64 loss in 3Q 2021). Revenue: ₹28.3b (up 83% from 3Q 2021). Net loss: ₹10.6b (loss widened 26% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.공고 • Feb 08Future Retail Limited to Report Q3, 2022 Results on Feb 14, 2022Future Retail Limited announced that they will report Q3, 2022 results on Feb 14, 2022공고 • Jan 26Samara Capital made a term sheet to acquire Retail Assets from Future Retail Limited (NSEI:FRETAIL) for INR 7 billion.Samara Capital made a term sheet to acquire Retail Assets from Future Retail Limited (NSEI:FRETAIL) for INR 7 billion on January 21, 2022. Amazon has again written to independent directors of Future Retail (FRL), including Gagan Singh, Ravindra Dhariwal, and Jacob Mathew, expressing its willingness and ability to help FRL address its financial concerns. Amazon has reached out to FRL in response to the retailer's letter in which the company said that it is willing to accept Amazon’s proposal but under certain conditions, and assessment of the proposal will be subject to FRL’s legal obligations. Amazon has also sent the letter to top officials, including Ajay Tyagi, chairman, Securities and Exchange Board of India (SEBI), Ashok Gupta, chairman, Competition Commission of India (CCI), Sanjay Kumar Mishra, director, Enforcement Directorate, and G Mahalingam, whole-time member, Sebi. It has also been sent to top executives at Union Bank of India, Bank of India, State Bank of India, Bank of Baroda, Central Bank of India, Punjab National Bank, UCO Bank, and Indian Bank.Reported Earnings • Nov 15Second quarter 2022 earnings released: ₹20.60 loss per share (vs ₹12.25 loss in 2Q 2021)The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2022 results: Revenue: ₹23.8b (up 67% from 2Q 2021). Net loss: ₹11.2b (loss widened 61% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Recent Insider Transactions • Aug 26Insider recently sold ₹2.2m worth of stockOn the 20th of August, Shailesh Haribhakti sold around 50k shares on-market at roughly ₹44.70 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹8.7m more than they bought in the last 12 months.Reported Earnings • Jul 30Full year 2021 earnings released: ₹59.03 loss per share (vs ₹0.22 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹65.6b (down 68% from FY 2020). Net loss: ₹31.9b (down ₹32.0b from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.Executive Departure • Jun 02Additional Independent Director has left the companyOn the 1st of June, Sridevi Badiga's tenure as Additional Independent Director ended after 4.1 years in the role. We don't have any record of a personal shareholding under Sridevi's name. A total of 2 executives have left over the last 12 months.공고 • Apr 15Future Retail Limited Announces Lawsuit UpdateFuture Retail Limited announced further to letter dated 22 March, 2021 and with reference to the above, the company informed that the company's advocates are in receipt of communication dated 13 April, 2021 from advocates of Amazon.com NV Investment Holdings LLC (Amazon) informing that Amazon has filed a Special Leave Petition before the Hon'ble Supreme Court of India against the captioned Order dated 22 March, 2021 passed by the Division Bench of the Hon'ble High Court of Delhi in FAO (OS) (COMM.) No. 51 of 2021 and C.M. No. 11452/2021 in FAO (OS) (COMM.) No. 51 of 2021. The company shall defend the matter /proceedings through its legal counsels and keep informed about outcome of the same.공고 • Mar 23Future Retail Limited Announces Lawsuit UpdateFuture Retail Limited announced by its letter dated March 20, 2021, the company disclosed that it has filed an appeal before the Division Bench of the Hon'ble Delhi High Court, against the order dated 18th March, 2021 ("Impugned Order") passed by a Ld. Single Judge in OMP (ENF)(COMM) No.17/2021 filed by Amazon.Com NV Investment Holdings LLC to enforce the Emergency Arbitrator's Order dated 25th October, 2020. Future Coupons Private Limited and the other respondents in these proceedings have also filed an appeal against the Impugned Order. The company updated the stock exchanges that the Division Bench comprising of the Hon'ble Chief Justice D. N. Patel and Hon'ble Justice Jasmeet Singh has passed an order in the appeals, and stayed the Impugned Order passed by the Ld. Single Judge. The Order was pronounced in open court and a copy thereof is awaited.공고 • Mar 21Future Retail Limited Provides Update on Interim Order by Delhi High Court in Petition filed by Amazon.com NV Investment Holdings LLCFuture Retail Limited announced further to letter dated 2nd February, 2021 wherein the Company informed about the Interim Order passed by Hon'ble Delhi High Court in the matter OMP (Enf.) (Comm.) No. 17 of 2021. The Learned Single Judge has on 18th March, 2021 passed the detailed order providing the reasons for the ad-interim order passed on 2nd February 2021. Apart from the operative directions contained in the ad-interim order, this detailed order also deals with the other prayers of the petitioner (Amazon). It is to be pointed out that the portions of the operative part of this detailed order, already covered by the ad-interim order dated 2nd February, 2021, have been stayed by the Hon'ble Division Bench of Delhi High Court in an appeal filed by Future Retail Limited in which the Hon'ble Division Bench prima facie came to certain conclusions. Amazon has filed an appeal in the Hon'ble Supreme Court against the order passed by the Hon'ble Division Bench. The Hon'ble Supreme Court, in its order in Amazon's appeal, has not vacated the stay granted by the Hon'ble Division Bench (which stay is still in operation). The Hon'ble Supreme Court has directed that, in the meantime, the NCLT proceedings will be allowed to go on but will not culminate in any final order of sanction of scheme. are advised that this order does not come in the way of continuance of the ongoing NCLT proceedings, being inconsistent with the order dated 22nd February, 2021 of the Hon'ble Supreme Court.공고 • Feb 23Future Retail Limited Provides Update on Interim Order on Special Leave Petition Filed by Amazon Before the Hon'ble Supreme Court of IndiaFuture Retail Limited announced that further to letter dated 15 February 2021, the company would like to inform that the hearing was held on 22 February 2021 before Hon'ble Justice Rohinton Fali Nariman and Hon'ble Justice B. R. Gavai in the matter of SLP(C) No. 002856 - 002857 /2021 before the Hon'ble Supreme Court of India. The Hon'ble Supreme Court of India issued notice and set a schedule for filing of pleadings in the Special Leave Petition filed by Amazon.Com NV Investment Holdings LLC challenging the order dated 08th February, 2021 passed by the Division Bench of the Hon'ble Delhi High Court. The Division Bench of Hon'ble High Court had stayed, till 26th February, 2021 the order passed by the Single Judge of the Hon'ble Delhi High Court which, on 2nd February 2021 had directed all parties including regulatory authorities to maintain status quo (i.e. to stop the proceedings in the Scheme of Arrangement pending before NCLT, Mumbai) till the pronouncement of reasoned order of the Single Judge. The Hon'ble Supreme Court has further specifically ruled that the proceedings before NCLT will be allowed to go on but will not culminate in any final order of sanction of the scheme. Accordingly, the NCLT can now issue directions to convene the meetings of shareholders and creditors of the applicant companies including FRL to consider the Scheme.Is New 90 Day High Low • Feb 22New 90-day low: ₹71.15The company is down 18% from its price of ₹86.90 on 24 November 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is down 2.0% over the same period.공고 • Feb 04+ 1 more updateFuture Retail Limited Announces Appeal Before High Court of DelhiFuture Retail Limited has filed an appeal before Hon'ble High Court of Delhi against the impugned order dated 2nd February, 2021 passed by Ld. Single Judge in OMP (Enf.) (Comm.) No. 17 of 2021, shall keep informed about outcome of the same.공고 • Feb 03Future Retail Limited Provides Update on Interim Order by Delhi High Court in Petition filed by Amazon.com NV Investment Holdings LLCFuture Retail Limited announced that an Interim order has been pronounced on 2nd February, 2021 by Hon'ble Mr. Justice J R Midha of the Delhi High Court, pending pronouncement of an order on a petition filed by Amazon.com NV Investment Holdings LLC under Section 17(2) of Arbitration and Conciliation Act, 1996 ("A & C Act"). The Company will explore all legal remedies and take appropriate steps to pursue the scheme of arrangement.공고 • Dec 05Future Retail Limited, Annual General Meeting, Dec 30, 2020Future Retail Limited, Annual General Meeting, Dec 30, 2020, at 14:00 Indian Standard Time. Agenda: To consider and approve the audited standalone and consolidated earnings results for the year ended March 31, 2020; to appoint directors of the company; to consider the approval for entering into party transactions; and to consider any other matters.Reported Earnings • Nov 14Second quarter 2021 earnings released: ₹12.25 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: ₹14.2b (down 74% from 2Q 2020). Net loss: ₹6.92b (down ₹8.58b from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has only fallen by 49% per year, which means it has not declined as severely as earnings.공고 • Nov 07Future Retail Limited to Report Q2, 2021 Results on Nov 13, 2020Future Retail Limited announced that they will report Q2, 2021 results on Nov 13, 2020Is New 90 Day High Low • Oct 28New 90-day low: ₹69.35The company is down 40% from its price of ₹116 on 30 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is down 5.0% over the same period.Is New 90 Day High Low • Oct 09New 90-day low: ₹78.25The company is down 26% from its price of ₹106 on 10 July 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 3.0% over the same period.Recent Insider Transactions • Oct 04Insider recently sold ₹2.0m worth of stockOn the 25th of September, Vineet Jain sold around 25k shares on-market at roughly ₹79.10 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹6.6m more than they bought in the last 12 months.Recent Insider Transactions • Sep 27Insider recently sold ₹1.7m worth of stockOn the 23rd of September, Vineet Jain sold around 20k shares on-market at roughly ₹86.45 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹4.7m more than they bought in the last 12 months.Is New 90 Day High Low • Sep 21New 90-day low: ₹95.40The company is down 23% from its price of ₹123 on 23 June 2020. The Indian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 10.0% over the same period.공고 • Sep 11Future Retail Limited to Report Q1, 2021 Results on Sep 14, 2020Future Retail Limited announced that they will report Q1, 2021 results on Sep 14, 2020공고 • Aug 30Future Retail Limited to Report Q4, 2020 Results on Sep 04, 2020Future Retail Limited announced that they will report Q4, 2020 results on Sep 04, 2020매출 및 비용 세부 내역Future Retail가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이BSE:540064 매출, 비용 및 순이익 (INR Millions)날짜매출순이익일반관리비연구개발비31 Dec 2184,771-44,15811,565030 Sep 2171,950-41,99311,082030 Jun 2163,123-37,7476,359031 Mar 2163,390-31,89510,164031 Dec 2087,970-25,80411,183030 Sep 20125,328-15,6837,648030 Jun 20165,755-7,1029,303031 Mar 20203,80011615,522031 Dec 19212,7976,91118,640030 Sep 19214,2427,23422,671030 Jun 19209,4067,35026,484031 Mar 19203,3447,27029,642031 Dec 18194,37657328,570030 Sep 18187,34038527,676030 Jun 18183,11816626,981031 Mar 18184,78011326,719031 Dec 17182,9266,06726,541030 Sep 17181,1525,25126,396030 Jun 17178,0014,45326,057031 Mar 17170,7513,68325,357031 Dec 16161,6923,49622,246030 Sep 16142,4513,02420,013030 Jun 16104,1411,72115,258031 Mar 1668,45115110,699031 Mar 1517,794-3,7922,8240양질의 수익: 540064가 고품질 수익을 갖고 있는지 판단하기에는 데이터가 부족합니다.이익 마진 증가: 지난 1년 동안 540064의 이익률이 개선되었는지 판단하기에 데이터가 부족합니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 지난 5년 동안 540064의 연간 수익 성장률이 양(+)이었는지 판단하기에 데이터가 부족합니다.성장 가속화: 540064의 지난해 수익 성장률을 5년 평균과 비교하기에 데이터가 부족합니다.수익 대 산업: 540064의 지난 해 수익 증가율이 Consumer Retailing 업계 평균을 상회했는지 판단하기에 데이터가 부족합니다.자기자본이익률높은 ROE: 540064는 현재 수익성이 없으므로 자본 수익률이 음수(0%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-retailing 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/10/29 08:13종가2024/08/01 00:00수익2021/12/31연간 수익2021/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Future Retail Limited는 12명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Vismaya AgarwalAxis Capital LimitedKashyap PujaraAxis Capital LimitedKameswari V. S. ChavaliFirstCall Research9명의 분석가 더 보기
Reported Earnings • Feb 15Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: ₹19.61 loss per share (down from ₹15.64 loss in 3Q 2021). Revenue: ₹28.3b (up 83% from 3Q 2021). Net loss: ₹10.6b (loss widened 26% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
공고 • Feb 08Future Retail Limited to Report Q3, 2022 Results on Feb 14, 2022Future Retail Limited announced that they will report Q3, 2022 results on Feb 14, 2022
Reported Earnings • Nov 15Second quarter 2022 earnings released: ₹20.60 loss per share (vs ₹12.25 loss in 2Q 2021)The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2022 results: Revenue: ₹23.8b (up 67% from 2Q 2021). Net loss: ₹11.2b (loss widened 61% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 30Full year 2021 earnings released: ₹59.03 loss per share (vs ₹0.22 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹65.6b (down 68% from FY 2020). Net loss: ₹31.9b (down ₹32.0b from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 14Second quarter 2021 earnings released: ₹12.25 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: ₹14.2b (down 74% from 2Q 2020). Net loss: ₹6.92b (down ₹8.58b from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has only fallen by 49% per year, which means it has not declined as severely as earnings.
공고 • Nov 07Future Retail Limited to Report Q2, 2021 Results on Nov 13, 2020Future Retail Limited announced that they will report Q2, 2021 results on Nov 13, 2020
Board Change • Apr 01Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Executive Chairman Kishore Biyani was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공고 • Jan 31Future Retail Limited Announces Resignation of Nishi Jain as DirectorFuture Retail Limited announce that Ms. Nishi Jain has tendered a letter of her resignation from the position of the "Independent Director" of the Company with effect from January 27, 2024 (intimation received by RP thru' e-mail on January 27, 2024) due to pre-occupation and other professional commitments.
공고 • Sep 19Future Retail's Creditors Extend Voting Timeline on SpaceMantra's Bid to September 30The committee of creditors (CoC) to Future Retail Limited (NSEI:FRETAIL) have extended the voting period for the third time to decide the winning bidder to acquire the debt-laden company. The timeline has now been extended till September 30 as lenders are still undecided whether to approve a very low offer from SpaceMantra or allow liquidation of FRL as there isn't enough time to seek fresh bids. The decision was taken on 16 September 2023 after the second timeline ended on September 15, three people familiar with the developments said. The majority of the creditors have yet to decide on the takeover plan under consideration. "Nobody is in a hurry to make a decision. Everyone is waiting for the other. Though some small bondholders have voted, the large financial creditors are still weighing options," said one of the persons cited above.
공고 • May 19Space Mantra Only Bidder for Whole of Future RetailSpace Mantra, a company promoted by former NBCC chairman Anoop Kumar Mittal, emerged the only bidder seeking to take over the whole of Future Retail Limited (NSEI:FRETAIL) as the bids for the defunct retailer were opened on May 18, 2023. Puts Bid Worth INR 5,500 million.
공고 • May 18Reliance Retail, Adani Group Reportedly No Longer Bidding for Future RetailReliance Retail Limited and the Adani Enterprises Limited (BSE:512599) have opted out from the final round of bidding for Future Retail Limited (NSEI:FRETAIL), ET Now reported on May 17, 2023 citing sources. It stated that six final bids have been received for Future Retail. The highest bid is from Space Mantra, while five other companies have placed their bid for parts of the company. These five bidders are Pinnacle Air, Palgun Tech LLC, Lehar Solutions, Goodwill Furniture and Sarvabhishta e-waste management, ET Now report added. On March 23, creditors of FRL invited new Expressions of Interest (EoIs) whereby prospective buyers can bid for the debt-ridden firm "as a going concern or individual cluster or a combination of clusters of its assets", as it failed to attract a resolution plan in more than four months. In April, 48 companies, including Reliance Retail and Adani Group, were shortlisted in the list of eligible resolution applicants for Future Retail. On April 10, FRL updated a list of 49 companies, which had submitted EoIs after the company's lenders decided to invite fresh bids after dividing its assets into clusters. Some of the other players who had submitted EoIs include WHSmith Travel Ltd, Sahara Enterprises, Century Copper Corp, Greentech worldwide, Harsha Vardhan Reddy, J C Flowers Asset Reconstruction Pvt Ltd, Pinnacle Air Pvt Ltd, and Universal Associates Except for Bommidala Enterprises, an Andhra Pradesh-based manufacturer of tobacco products, all companies were included in the final list. Bommidala Enterprises indicated that it will not be submitting a resolution plan. Earlier in April, the Mumbai-based National Company Law Tribunal (NCLT) bench had granted FRL an extension of 90 days till July 15, 2023, for concluding the Corporate Insolvency Resolution Process (CIRP).
공고 • Jan 26Future Retail Limited Announces Resignation of Kishore Biyani as Executive Chairman and DirectorFuture Retail Limited informed that Mr. Kishore Biyani (DIN: 00005740) has tendered a letter of his resignation from the position of the "Executive Chairman and Director" of the Company with effect from 23 January 2023 (intimation received by resolution professional ("RP") through e-mail on 24th January 2023).
공고 • Nov 11Reliance Group, Adani Reportedly Bid for India's Debt-Ridden Future RetailCompanies led by Asia's richest man, Gautam Adani, and billionaire Mukesh Ambani, the owner of Reliance Industries Limited (NSEI:RELIANCE) have entered the fray to acquire India's debt-laden Future Retail Limited (NSEI:FRETAIL), a document seen by Reuters shows. April Moon Retail Private Ltd, a joint venture between Adani Airport holdings and Flemingo group, Reliance Retail ventures as well as 13 other firms have submitted expressions of interest (EOIs) for Future Retail. Future Retail's court-appointed resolution professional (RP), Reliance Industries and Adani group did not immediately respond to emails seeking comment. The deadline for submission of EOIs ended earlier this month for Future Group's flagship retail unit, Future Retail, which was once the country's second-largest retailer. It was dragged into bankruptcy proceedings by banks after it defaulted on loans and its lenders rejected a $3.4 billion sale of its assets to market leader Reliance Industries amid a legal challenge by Amazon.com Inc. (AMZN.O). The U.S. e-commerce giant has accused Future of violating certain contracts by dealing with Reliance. Other entities that have submitted EOIs include Shalimar Corporation Ltd, Nalwa Steel & Power, United Biotech, WHSmith Travel, Capri Global Holdings. A total of 33 lenders had submitted loan claims of about INR 210.6 billion ($2.59 billion) in August under the ongoing insolvency process. The lead lenders include Bank of India (BOI.NS) and State Bank of India (SBI.NS). Future Retail's RP had set a deadline of Oct. 20 for submission of EOIs which had to be extended due to lack of interest. The final list of entities who have submitted the EOIs will be issued on Nov. 20, following which they will be asked to submit a resolution plan by December 15.
공고 • Sep 30Future Retail Limited Appoints Pratiksha Salecha as Company Secretary and Compliance OfficerFuture Retail Limited has approved the appointment of Ms. Pratiksha Salecha as Whole time Company Secretary for the Company. Accordingly, Mr. Pratiksha Salecha has been appointed as whole time Company Secretary for the Company, a KMP (in terms of Section 203 of the CompaniesAct, 2013), and as Compliance Officer of the Corporate Debtor (in terms of Regulation 6(1) of the SEBI Listing Regulations). Ms. Pratiksha Salecha is member of Institute of Company Secretaries of India (ICSI) and having membership no. ACS 53339 and has requisite qualification to hold position of the Whole time Company Secretary, KMP and Compliance Officer of the Corporate Debtor.
공고 • Sep 17Future Retail Limited Announces Resignation of Jacob Mathew as Independent DirectorFuture Retail Limited announced that Mr. Jacob Mathew has tendered a letter of his resignation from the position of the Independent Director of the Company with effect from 14th September, 2022 due to suspension of board as per the provisions of the Insolvency and Bankruptcy Code, 2016.
공고 • Aug 26National Asset Reconstruction Company Limited has offered to acquire loan accounts of five companies from Future Retail Limited (NSEI:FRETAIL) and GTL Limited (BSE:500160).National Asset Reconstruction Company Limited has offered to acquire loan accounts of five companies from Future Retail Limited (NSEI:FRETAIL) and GTL Limited (BSE:500160) on August 19, 2022. The bad bank’s offers include 15 per cent of the consideration in cash, while the remaining 85 per cent would be in the form of security receipts. NARCL will come up with a binding offer only after it gets written consent from the lenders.
공고 • Jul 30Future Retail Limited Announces Resignation Tendered by Independent Director, Ravindra DhariwalFuture Retail Limited announced that Mr. Ravindra Dhariwal has tendered a letter of his resignation from the position of the "Independent Director" of the Company with effect from 23rd July, 2022 (intimation received by IRP thru' e-mail on 28th July, 2022) due to Company being referred to insolvency /initiation of corporate insolvency resolution process and his power/role as Independent Director of the Company being suspended as per the provisions of the Insolvency and Bankruptcy Code, 2016.
공고 • May 14Future Retail Limited Announces Resignation of C. P. Toshniwal as Chief Financial OfficerFuture Retail Limited announced that Mr. C. P. Toshniwal, Chief Financial Officer of the Company has resigned with effect from the closure of business hours of May 12, 2022. Consequent to the same, he shall also cease to be a `Key Managerial Personnel' (KMP) of the Company. Accordingly, he ceased to be CFO and KMP with effect from close of business hours on May 12, 2022.
공고 • May 03Rakesh Biyani Do Not Sought Reappointment as Managing Director of Future Retail LimitedFuture Retail Limited informed that Mr. Rakesh Biyani (00005806) who was re-appointed as Managing Director for a period of three (3) years effective 02nd May, 2019, his term of office as Managing Director got completed on 01st May, 2022. As he has not sought reappointment, his appointment as Managing Director of the Company ceased to be effective with effect from 2nd May, 2022.
공고 • May 02Future Retail Limited Announces Change in DirectorateFuture Retail Limited announced that Gagan Singh who was re-appointed as an Independent Director for a period of one (1) year effective 30 April, 2021 now ceased to be an Independent Director on completion of her term on 29 April, 2022. Consequently, she also ceased to be a member of the Audit Committee, Nomination and Remuneration Committee and Deal Strategy Committee of the Company.
공고 • Apr 03Future Retail Limited Announces Default in Payment of Interest Due on Non-Convertible DebenturesFuture Retail Limited announced that the Company was able to make the payment for initial three trenches and failed to make the payment for last trench. Type of instrument is Rated, Listed, Secured, Redeemable, Non-Convertible Debentures. Date of default is March 31, 2022. Tenure as per revised term on implementation of OTR (Series IA 3 years 9 months & Series IB 4 years 9 months). Coupon Rate is 10.65% p.a. for both Series. Coupon Payment Frequency is Yearly for both Series. Current default amount is Interest due is INR 61,935,000 (till March 31, 2022). (only last trench of instalment amount has not been paid as per details given in its earlier letter dated 03rd June 2021). Gross Principal amount on which the default above has occurred is INR 1.99 billion (Series IA INR 1 billion & Series IB INR 0.99 billion).
공고 • Apr 01+ 1 more updateFuture Retail Limited Announces Resignation of Sadashiv Nayak as Chief Executive OfficerFuture Retail Limited announced that Mr. Sadashiv Nayak, who was appointed as Chief Executive Officer effective 25th August, 2021 has tendered his resignation which is effective from the closure of business hours of 31st March, 2022.
공고 • Feb 16Future Retail Limited Announces Lawsuit UpdateFuture Retail Limited announced that further to Company's earlier communications, informed that the referenced Civil Appeals were earlier heard by the Hon'ble Supreme Court Bench comprising of the Hon'ble Chief Justice, Hon'ble Mr. Justice A. S. Bopanaa and Hon'ble Ms. Justice Hima Kohli. The Hon'ble Supreme Court has passed Judgment wherein the Company has been granted liberty to file an Application before Hon'ble Delhi High Court seeking continuation of National Company Law Tribunal proceedings (in relation to the Scheme of Arrangement) and directed the Learned Single Judge to hear the matter and pass appropriate order(s) uninfluenced by any observation of Hon'ble Supreme Court.
Reported Earnings • Feb 15Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: ₹19.61 loss per share (down from ₹15.64 loss in 3Q 2021). Revenue: ₹28.3b (up 83% from 3Q 2021). Net loss: ₹10.6b (loss widened 26% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
공고 • Feb 08Future Retail Limited to Report Q3, 2022 Results on Feb 14, 2022Future Retail Limited announced that they will report Q3, 2022 results on Feb 14, 2022
공고 • Jan 26Samara Capital made a term sheet to acquire Retail Assets from Future Retail Limited (NSEI:FRETAIL) for INR 7 billion.Samara Capital made a term sheet to acquire Retail Assets from Future Retail Limited (NSEI:FRETAIL) for INR 7 billion on January 21, 2022. Amazon has again written to independent directors of Future Retail (FRL), including Gagan Singh, Ravindra Dhariwal, and Jacob Mathew, expressing its willingness and ability to help FRL address its financial concerns. Amazon has reached out to FRL in response to the retailer's letter in which the company said that it is willing to accept Amazon’s proposal but under certain conditions, and assessment of the proposal will be subject to FRL’s legal obligations. Amazon has also sent the letter to top officials, including Ajay Tyagi, chairman, Securities and Exchange Board of India (SEBI), Ashok Gupta, chairman, Competition Commission of India (CCI), Sanjay Kumar Mishra, director, Enforcement Directorate, and G Mahalingam, whole-time member, Sebi. It has also been sent to top executives at Union Bank of India, Bank of India, State Bank of India, Bank of Baroda, Central Bank of India, Punjab National Bank, UCO Bank, and Indian Bank.
Reported Earnings • Nov 15Second quarter 2022 earnings released: ₹20.60 loss per share (vs ₹12.25 loss in 2Q 2021)The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2022 results: Revenue: ₹23.8b (up 67% from 2Q 2021). Net loss: ₹11.2b (loss widened 61% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Recent Insider Transactions • Aug 26Insider recently sold ₹2.2m worth of stockOn the 20th of August, Shailesh Haribhakti sold around 50k shares on-market at roughly ₹44.70 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹8.7m more than they bought in the last 12 months.
Reported Earnings • Jul 30Full year 2021 earnings released: ₹59.03 loss per share (vs ₹0.22 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹65.6b (down 68% from FY 2020). Net loss: ₹31.9b (down ₹32.0b from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
Executive Departure • Jun 02Additional Independent Director has left the companyOn the 1st of June, Sridevi Badiga's tenure as Additional Independent Director ended after 4.1 years in the role. We don't have any record of a personal shareholding under Sridevi's name. A total of 2 executives have left over the last 12 months.
공고 • Apr 15Future Retail Limited Announces Lawsuit UpdateFuture Retail Limited announced further to letter dated 22 March, 2021 and with reference to the above, the company informed that the company's advocates are in receipt of communication dated 13 April, 2021 from advocates of Amazon.com NV Investment Holdings LLC (Amazon) informing that Amazon has filed a Special Leave Petition before the Hon'ble Supreme Court of India against the captioned Order dated 22 March, 2021 passed by the Division Bench of the Hon'ble High Court of Delhi in FAO (OS) (COMM.) No. 51 of 2021 and C.M. No. 11452/2021 in FAO (OS) (COMM.) No. 51 of 2021. The company shall defend the matter /proceedings through its legal counsels and keep informed about outcome of the same.
공고 • Mar 23Future Retail Limited Announces Lawsuit UpdateFuture Retail Limited announced by its letter dated March 20, 2021, the company disclosed that it has filed an appeal before the Division Bench of the Hon'ble Delhi High Court, against the order dated 18th March, 2021 ("Impugned Order") passed by a Ld. Single Judge in OMP (ENF)(COMM) No.17/2021 filed by Amazon.Com NV Investment Holdings LLC to enforce the Emergency Arbitrator's Order dated 25th October, 2020. Future Coupons Private Limited and the other respondents in these proceedings have also filed an appeal against the Impugned Order. The company updated the stock exchanges that the Division Bench comprising of the Hon'ble Chief Justice D. N. Patel and Hon'ble Justice Jasmeet Singh has passed an order in the appeals, and stayed the Impugned Order passed by the Ld. Single Judge. The Order was pronounced in open court and a copy thereof is awaited.
공고 • Mar 21Future Retail Limited Provides Update on Interim Order by Delhi High Court in Petition filed by Amazon.com NV Investment Holdings LLCFuture Retail Limited announced further to letter dated 2nd February, 2021 wherein the Company informed about the Interim Order passed by Hon'ble Delhi High Court in the matter OMP (Enf.) (Comm.) No. 17 of 2021. The Learned Single Judge has on 18th March, 2021 passed the detailed order providing the reasons for the ad-interim order passed on 2nd February 2021. Apart from the operative directions contained in the ad-interim order, this detailed order also deals with the other prayers of the petitioner (Amazon). It is to be pointed out that the portions of the operative part of this detailed order, already covered by the ad-interim order dated 2nd February, 2021, have been stayed by the Hon'ble Division Bench of Delhi High Court in an appeal filed by Future Retail Limited in which the Hon'ble Division Bench prima facie came to certain conclusions. Amazon has filed an appeal in the Hon'ble Supreme Court against the order passed by the Hon'ble Division Bench. The Hon'ble Supreme Court, in its order in Amazon's appeal, has not vacated the stay granted by the Hon'ble Division Bench (which stay is still in operation). The Hon'ble Supreme Court has directed that, in the meantime, the NCLT proceedings will be allowed to go on but will not culminate in any final order of sanction of scheme. are advised that this order does not come in the way of continuance of the ongoing NCLT proceedings, being inconsistent with the order dated 22nd February, 2021 of the Hon'ble Supreme Court.
공고 • Feb 23Future Retail Limited Provides Update on Interim Order on Special Leave Petition Filed by Amazon Before the Hon'ble Supreme Court of IndiaFuture Retail Limited announced that further to letter dated 15 February 2021, the company would like to inform that the hearing was held on 22 February 2021 before Hon'ble Justice Rohinton Fali Nariman and Hon'ble Justice B. R. Gavai in the matter of SLP(C) No. 002856 - 002857 /2021 before the Hon'ble Supreme Court of India. The Hon'ble Supreme Court of India issued notice and set a schedule for filing of pleadings in the Special Leave Petition filed by Amazon.Com NV Investment Holdings LLC challenging the order dated 08th February, 2021 passed by the Division Bench of the Hon'ble Delhi High Court. The Division Bench of Hon'ble High Court had stayed, till 26th February, 2021 the order passed by the Single Judge of the Hon'ble Delhi High Court which, on 2nd February 2021 had directed all parties including regulatory authorities to maintain status quo (i.e. to stop the proceedings in the Scheme of Arrangement pending before NCLT, Mumbai) till the pronouncement of reasoned order of the Single Judge. The Hon'ble Supreme Court has further specifically ruled that the proceedings before NCLT will be allowed to go on but will not culminate in any final order of sanction of the scheme. Accordingly, the NCLT can now issue directions to convene the meetings of shareholders and creditors of the applicant companies including FRL to consider the Scheme.
Is New 90 Day High Low • Feb 22New 90-day low: ₹71.15The company is down 18% from its price of ₹86.90 on 24 November 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is down 2.0% over the same period.
공고 • Feb 04+ 1 more updateFuture Retail Limited Announces Appeal Before High Court of DelhiFuture Retail Limited has filed an appeal before Hon'ble High Court of Delhi against the impugned order dated 2nd February, 2021 passed by Ld. Single Judge in OMP (Enf.) (Comm.) No. 17 of 2021, shall keep informed about outcome of the same.
공고 • Feb 03Future Retail Limited Provides Update on Interim Order by Delhi High Court in Petition filed by Amazon.com NV Investment Holdings LLCFuture Retail Limited announced that an Interim order has been pronounced on 2nd February, 2021 by Hon'ble Mr. Justice J R Midha of the Delhi High Court, pending pronouncement of an order on a petition filed by Amazon.com NV Investment Holdings LLC under Section 17(2) of Arbitration and Conciliation Act, 1996 ("A & C Act"). The Company will explore all legal remedies and take appropriate steps to pursue the scheme of arrangement.
공고 • Dec 05Future Retail Limited, Annual General Meeting, Dec 30, 2020Future Retail Limited, Annual General Meeting, Dec 30, 2020, at 14:00 Indian Standard Time. Agenda: To consider and approve the audited standalone and consolidated earnings results for the year ended March 31, 2020; to appoint directors of the company; to consider the approval for entering into party transactions; and to consider any other matters.
Reported Earnings • Nov 14Second quarter 2021 earnings released: ₹12.25 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: ₹14.2b (down 74% from 2Q 2020). Net loss: ₹6.92b (down ₹8.58b from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has only fallen by 49% per year, which means it has not declined as severely as earnings.
공고 • Nov 07Future Retail Limited to Report Q2, 2021 Results on Nov 13, 2020Future Retail Limited announced that they will report Q2, 2021 results on Nov 13, 2020
Is New 90 Day High Low • Oct 28New 90-day low: ₹69.35The company is down 40% from its price of ₹116 on 30 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is down 5.0% over the same period.
Is New 90 Day High Low • Oct 09New 90-day low: ₹78.25The company is down 26% from its price of ₹106 on 10 July 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 3.0% over the same period.
Recent Insider Transactions • Oct 04Insider recently sold ₹2.0m worth of stockOn the 25th of September, Vineet Jain sold around 25k shares on-market at roughly ₹79.10 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹6.6m more than they bought in the last 12 months.
Recent Insider Transactions • Sep 27Insider recently sold ₹1.7m worth of stockOn the 23rd of September, Vineet Jain sold around 20k shares on-market at roughly ₹86.45 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹4.7m more than they bought in the last 12 months.
Is New 90 Day High Low • Sep 21New 90-day low: ₹95.40The company is down 23% from its price of ₹123 on 23 June 2020. The Indian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 10.0% over the same period.
공고 • Sep 11Future Retail Limited to Report Q1, 2021 Results on Sep 14, 2020Future Retail Limited announced that they will report Q1, 2021 results on Sep 14, 2020
공고 • Aug 30Future Retail Limited to Report Q4, 2020 Results on Sep 04, 2020Future Retail Limited announced that they will report Q4, 2020 results on Sep 04, 2020