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Rudra fincare, Reliance Retail

                                                      Reliance Retail


Reliance Retail is an Indian retail company and a subsidiary of Reliance industries limited Founded in 2006, it is the largest retailer in India in terms of revenue. The company has emerged as the partner of choice for international brands and has established exclusive partnerships with many revered international brands such as Diesel, Superdry, Hamleys, Ermenegildo Zegna, Marks and Spencer, Paul & Shark, Thomas Pink, Kenneth Cole, Brooks Brothers, Steve Madden, Payless Shoesource, Grand Vision and many more.

On 29 August 2020, Reliance Retail announced that it is acquiring the retail, wholesale, logistics and warehousing business from the Future Group for ₹24,713 crore adding 15 Lakh square meters of retail space to the company.

On 15 November 2020, Reliance Retail announced that it had acquired majority ownership of the furniture and decorating company Urban Ladder.

On 7 October 2021, the company announced its partnership with 7- Eleven to open its stores in India The announcement came a day after Future group announced the end of its partnership with 7-Eleven, citing the inability to meet the target of opening stores and payment of franchise fees. The first 7-Eleven in India opened in Mumbai.

Om 19th October 2021 Reliance Retail Ventures Ltd (RRVL) has acquired a 52 percent stake in veteran couturier Ritu Kumar's firm Ritika Pvt Ltd for an undisclosed amount.

 

Analysis of FY-2019-20

Reliance Retail has shown revenue growth of 28% in FY19-20 as compared to last year.
2. The EBITDA has gone up from 6064 Crores last year to 9405 Crores in FY19-20. Excellent growth in EBITDA.
3. PAT is up by 75% in FY19-20 as compared to last year.
4. Reliance Retail has reduced the debt from 12800 Crores last year to 4665 Crores in FY19-20. D/E = 0.25 (comfortable).
5. Current Ratio = 0.92. Anything below one is generally not a good sign.

The operating model is based on customer-centricity while leveraging common centers of excellence in technology, business processes, and supply chain. More importantly, it has built a strong and unwavering foundation through its extraordinary people. The nationwide network of retail stores offers a world-class shopping environment and unmatched customer experience.

Industry Overview

The India Retail Industry is the largest among all the industries, accounting for over 10 percent of the country’s GDP and around 8 percent of the employment.

India’s retail market is estimated at US$822 billion in FY 2019-20 and is expected to grow at a CAGR of 10% over the next 5 years to reach US$1,315 billion by FY 2024-25.

The penetration of the organized retail market is estimated at 11% in FY 2019-20 and is expected to grow to 17% by FY 2024-25. The organized retail market is estimated at US$89 billion in FY 2018-19 and is expected to grow at a CAGR of 21% over the next 5 years to reach US$230 billion by FY 2024-25.

The Consumer Electronics market is estimated at US$53 billion in FY 2019-20 and is expected to grow at a CAGR of 11% over the next 5 years to reach US$91 billion by FY 2024-25. The organized Consumer Electronics market is estimated at US$18.2 billion in FY 2019-20 with a penetration of 34%.

The overall Fashion & Lifestyle market is estimated at US$139 billion in FY 2019-20 and is expected to grow at a CAGR of 11% over the next 5 years to reach US$233 billion by FY 2024-25. The organized Fashion & Lifestyle market is estimated at US$40 billion in FY 2019-20 with a penetration of 29%.

The Food & Grocery market is estimated at US$545 billion in FY 2019-20 and is expected to grow at a CAGR of 9% over the next 5 years to reach US$850 billion by FY 2024-25. The organized food and grocery market are estimated at US$21 billion in FY 2019-20 with a penetration of 3.7%.

 

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