23 May 2011

Aditya Birla Retail- plans to push on private label sales :CLSA

Please Share:: Bookmark and Share India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


Aditya Birla Retail- Unlisted
Business description:
In January 2007, Aditya Birla group announced plans
to enter the retail sector with the acquisition of south
India based Trinethra Super Retail
Trinethra group operated 170 stores across 0.5m sf
retailing food and grocery in Andhra Pradesh, Kerala,
Karnataka and Tamil Nadu
Retail franchise:
Currently: 540 More supermarket store and nine
hypermarket stores totalling 1.7mn sq ft
Store size: Super markets average 2,500-3000 sf
and hypermarket stores 55,000 sf
Expansion plans : 100 supermarkets and 8
hypermarkets this year; 14 hypermarkets next
year
ABRLs merchandise mix is 15% fresh food, fruits
& vegetables, 50% grocery food & staples, 25-
30% FMCG and 5-10% general merchandise
Its loyalty program ‘Clubmore’ has 2.6m
customers, of which 0.4m are currently active
News and updates
Aditya Birla Retail’s growth plans are focused on South
India for supermarkets but pan-India for the
hypermarkets format
The company plans to have 1600 supermarkets and
65 hypermarkets by 2016
The company expects to break even at the PAT level
by FY15 and Ebitda level by FY13
ABRL plans to open 130 supermarkets and 12
hypermarkets in FY12. It also plans to push on private
label sales

No comments:

Post a Comment