NSEI:FLFL

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Future Lifestyle Fashions

Executive Summary

Future Lifestyle Fashions Limited operates as an integrated fashion company in India. More Details


Snowflake Analysis

Mediocre balance sheet not a dividend payer.


Similar Companies

Share Price & News

How has Future Lifestyle Fashions's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FLFL is more volatile than 90% of Indian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: FLFL's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.


Market Performance


7 Day Return

14.6%

FLFL

3.0%

IN Specialty Retail

1.8%

IN Market


1 Year Return

-77.0%

FLFL

-59.4%

IN Specialty Retail

7.9%

IN Market

Return vs Industry: FLFL underperformed the Indian Specialty Retail industry which returned -59.4% over the past year.

Return vs Market: FLFL underperformed the Indian Market which returned 7.9% over the past year.


Shareholder returns

FLFLIndustryMarket
7 Day14.6%3.0%1.8%
30 Day23.8%9.6%10.9%
90 Day-38.3%-19.0%9.8%
1 Year-77.0%-77.0%-57.1%-59.4%10.0%7.9%
3 Year-73.3%-73.4%-84.4%-84.5%8.1%2.8%
5 Year19.6%18.3%-63.7%-64.4%55.3%43.6%

Long-Term Price Volatility Vs. Market

How volatile is Future Lifestyle Fashions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Future Lifestyle Fashions undervalued compared to its fair value and its price relative to the market?

1.85x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: FLFL (₹94.25) is trading above our estimate of fair value (₹18.54)

Significantly Below Fair Value: FLFL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FLFL is unprofitable, so we can't compare its PE Ratio to the IN Specialty Retail industry average.

PE vs Market: FLFL is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FLFL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FLFL is overvalued based on its PB Ratio (1.8x) compared to the IN Specialty Retail industry average (0.7x).


Next Steps

Future Growth

How is Future Lifestyle Fashions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.4%

Forecasted Retail industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Future Lifestyle Fashions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Future Lifestyle Fashions performed over the past 5 years?

-32.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FLFL is currently unprofitable.

Growing Profit Margin: FLFL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FLFL is unprofitable, and losses have increased over the past 5 years at a rate of 32.5% per year.

Accelerating Growth: Unable to compare FLFL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FLFL is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (22.7%).


Return on Equity

High ROE: FLFL has a negative Return on Equity (-68.11%), as it is currently unprofitable.


Next Steps

Financial Health

How is Future Lifestyle Fashions's financial position?


Financial Position Analysis

Short Term Liabilities: FLFL's short term assets (₹35.6B) do not cover its short term liabilities (₹45.5B).

Long Term Liabilities: FLFL's short term assets (₹35.6B) exceed its long term liabilities (₹12.3B).


Debt to Equity History and Analysis

Debt Level: FLFL's debt to equity ratio (115.3%) is considered high.

Reducing Debt: FLFL's debt to equity ratio has increased from 70.8% to 115.3% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable FLFL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: FLFL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25.7% per year.


Next Steps

Dividend

What is Future Lifestyle Fashions's current dividend yield, its reliability and sustainability?

1.49%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FLFL's dividend (1.49%) is higher than the bottom 25% of dividend payers in the Indian market (0.52%).

High Dividend: FLFL's dividend (1.49%) is low compared to the top 25% of dividend payers in the Indian market (2.1%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, FLFL has been paying a dividend for less than 10 years.

Growing Dividend: FLFL's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average management tenure


CEO

Vishnuprasad M. (58 yo)

1

Tenure

Mr. Vishnuprasad M. serves as a Managing Director of Future Lifestyle Fashions Limited since April 30, 2020 and served as its Chief Executive Officer since November 14, 2019 until April 30, 2020. He has sa...


Leadership Team

NamePositionTenureCompensationOwnership
Vishnuprasad M.
Managing Director1yrno datano data
Raj Pinisetti
Chief Merchandising Officerno datano datano data
Dharmesh Jain
Chief Financial Officer of Brand Factory & Allno datano data0.0089%
₹ 1.7m
N. Vijaya
Chief of Operation - Centralno datano datano data
Saurabh Bhudolia
Chief Financial Officer0.50yrno datano data
Sanjay Mutha
Chief Legal Officer5.67yrsno data0.0048%
₹ 911.4k
Venkatesh Raja
Head of Human Resourcesno datano data0.014%
₹ 2.6m
Hetal Kotak
Head – Lee Cooper & aLLno datano datano data
Krishna Thingbaijam
Head of Designingno datano data0.034%
₹ 6.5m
Manjula Tiwari
Head of Cover Storyno datano datano data
Suresh Sadhwani
Business Head-Brand Factoryno datano data0.051%
₹ 9.8m
Ravi Anwekar
Executiveno datano data0.029%
₹ 5.4m

1.0yrs

Average Tenure

49yo

Average Age

Experienced Management: FLFL's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kishore Biyani
Non-Executive Vice Chairperson0.67yr₹38.50m0.00033%
₹ 62.7k
Shailesh Haribhakti
Independent Chairman of the Boardno data₹4.20mno data
Bijou Kurien
Independent Director4.5yrs₹3.80mno data
Darlie Koshy
Non-Executive Independent Director7.42yrs₹4.30mno data
Rakesh Biyani
Non-Executive Director7.42yrs₹300.00k0.00017%
₹ 32.3k
Chandra Toshniwal
Non-Executive Director7yrs₹600.00k0.018%
₹ 3.3m
Luv Parikh
Additional Nominee Director1yrno datano data
Avni Kishore Biyani
Non Executive Director4.42yrs₹300.00k0.0097%
₹ 1.8m
Rahul Garg
Additional Non-Executive Director0.33yrno datano data
Sharda Agarwal
Independent Director5.67yrs₹4.20mno data
Chintamani Bhagat
Nominee Director0.50yrno datano data
Ketki Bapat
Alternate Director0.33yrno datano data

4.4yrs

Average Tenure

54yo

Average Age

Experienced Board: FLFL's board of directors are considered experienced (4.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Future Lifestyle Fashions Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Future Lifestyle Fashions Limited
  • Ticker: FLFL
  • Exchange: NSEI
  • Founded: 2012
  • Industry: Apparel Retail
  • Sector: Retail
  • Market Cap: ₹18.987b
  • Shares outstanding: 201.77m
  • Website: https://www.futurelifestyle.in

Number of Employees


Location

  • Future Lifestyle Fashions Limited
  • Future Retail Home Office
  • Tower C
  • Mumbai
  • Maharashtra
  • 400083
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
536507BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2013
FLFLNSEI (National Stock Exchange of India)YesEquity SharesININROct 2013

Biography

Future Lifestyle Fashions Limited operates as an integrated fashion company in India. It primarily operates a chain of retail format stores under the Central name; fashion discount stores under the Brand F...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/29 12:10
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.