KING OF RETAIL

INTRODUCTION
Kishore Biyani the chief executive officer (CEO)of

Future Group, and Managing Director of Pantaloon Retail was born 9th august 1961 . He was the second son of shrilaxmi narayan biyani and Smt godavari biyani He did his graduation from HR college in mumbai, did a course in imports and exports of garments and marketing. He organized a successful dandia night in his locality. This is were he showed his first sparkle of entrepreneurial talent

 Kishore Biyani never enjoyed working in his family

business. He started his career selling stonewash fabric to small shops in Mumbai. Years later, with the launch of Pantaloons, Big Bazaar, Food Bazaar, Central, he redefined the retailing business in india. Kishore Biyani's objective is to capture every rupee in the wallet of every Indian consumer, wherever they are -an investment banker living in a south Mumbai locality or a farmer in Sangli.

 Biyani was not just concentrating on retail but aiming

to capture the entire Indian consumption space.

From building shopping malls,developing consumer

brands to selling insurance, he was getting into every business where a customer spends her money.

 He was awarded the Ernst & Young Entrepreneur of the

Year (Services) and the CNBC First Generation Entrepreneur of the Year in 2006. Pantaloon was awarded the International Retailer of the Year 2007 by the world's largest retail trade association. Regularly ranked among Indias most admired CEOs, he is the author of the book It Happened in India.

ORIGIN
Part of the Future Group,

headquarters in Mumbai

Kishore Biyani, CEO of Future

Group and MD of Pantaloon Retail

Operates in multiple retail

formats in both value and lifestyle segments of the Indian consumer market
in India and employs over 30,000 people

Over 1000 stores across 71 cities

BRANDS
The companys brands include Pantaloons(a chain of

fashion outlets) , Big Bazaar(a Hypermarket chain) and Food Bazaar and so on
Other regional brands include Depot, Shoe Factory,

Brand Factory, Blue Sky

LINES OF BUSINESS
Fashion : Pantaloons, Central, Brand Factory, Big

Bazaar and so on..

General Merchandise : Big Bazaar, Shoe Factory,

Furniture Bazaar and so on..

Electronics : eZone, Electronic Bazaar, STAPLES Home improvement : Home Town

 Fashion : Pantaloons, Central, Brand Factory, Big

Bazaar and so on..

General Merchandise : Big Bazaar, Shoe Factory,

Furniture Bazaar and so on..

Electronics : eZone, Electronic Bazaar, STAPLES Home improvement : Home Town

 Telecom and IT : M Bazaar, M Port, ConvergeM,

Future Axiom, T24, One mobile in alliance with TATA Teleservices

Service : Ecare, Hcare, Design and Service Malls : Central (Hyderabad, Bangalore, Pune,

Mumbai, Cochin, Indore, Ahmadabad..)

Pantaloons maintained by Kishore Biyani

1.
2.

Pantaloons Retail is the flagship company of Future Group. The company launched Pantaloons trouser, Indias First formal trouser brand.

Pantaloon Retail (limited) India

Type
Industry Founded Headquarters

Public (BSE: 523574) Retail India Mumbai

Area served Key people Products Revenue Employees Parent Website

India Kishore Biyani, (MD & CEO) Discount Stores , Supercenters 60.190 billion (US$1.09 billion) [1] 14,000 Future Group pantaloonretail.in, Pantaloon.com

Debt on the shoulder of Kishore Biyani

1.

2.

3.

At the beginning of 2012, a debt burdened Kishore Biyani roped in Vishal Kampani of investment bank JM Financial to advise him on easing his financial strife. Weighed down by debt of some Rs 5,800 crore, the founder of the Future Group retail enterprise was examining various options to cut operating costs to keep the business humming. After all, both were in the fashion apparel business - Biyani with Pantaloon Retail and Birla with Madura Fashion &. Selling his fashion flagship was the last thing on Biyani's mind. Selling Pantaloon would be akin to kissing the Future Group's ticket to a turnaround goodbye - or at least that was how Biyani would have seen it.

Present Conditions

Pantaloon, has marginally outperformed the Sensex during the same period. One of the well-known reasons why Pantaloons stock has been performing lately is its move to unlock value. Pantaloon plans to raise Rs 325 crore by offering its 10.16% stake in Future Capital Holdings, which results into a value of Rs 2,200 crore for Pantaloons 74% stake in Future Capital(about a fourth of Pantaloons current market capitalization). Analysts believe that its other subsidiaries also hold a lot of value that can be unlocked. However, keeping the value-unlocking story apart, Pantaloons situation in the retail business is not significantly different from Shoppers Stop or Trent. This is because Pantaloon too faces pressures of higher real estate costs, rising staff costs and hence, the pressure on profit margins. At present pantaloon is not getting any retail price and it is going down day by day.

At IST/ on NSE: INR % Pr. close: Open: -Day High: Low: 52 week High: 364.20Low: 124.00

Volume Market Cap (Rs. crore)23.16 P:E Ratio E.P.S. (Rs.)

NaN NaN 52.33 3.53

Issues

End of season sales: Boon or bane for brands and retailers? MF&L aiming to create Indias first Rs 1,000 cr brand Pantaloon joins hand with Payback Future Group considers more stake sale BCCL increases stake in Pantaloon Retail Pantaloons net profit falls by 82% in nine months Pantaloon Retail continues to be under pressure Pantaloon net profit down 76% Pantaloon, Birla Deal: Consolidation, key to organized retail Pantaloon to be renamed as Future India Aditya Birla Nuvo to invest Rs 1,600 cr in Pantaloon Retail Pantaloon Retail scouts for creative partner for FBB The plus-size story gets bigger and better Biyani plans to cut 18 deals reduce debt Pantaloon plans exit from Staples JV Pantaloon Retail: Perils of being a big retailer Biyani familys initiatives to get rid of debt Republic Day Sales: Retailers on a new high Amer Sports breaks up with Pantaloon Retail Pantaloon decides against converting warrants Pantaloon sees another major exit

Decisions taken by Kishore Biyani

Current approximate debt on Future Group is Rs8,000 crore

Due to the sale of Pantaloon Retail to Birla, the debt would reduce by Rs 1,600 crore.

 The Birlas are infusing Rs 800 crore in debentures. After the demerger of the Pantaloon business, the new company will take away another Rs 800 crore of debt. That would make the debt come down to 6,400 crore.

 Out of all the debt, Rs 2,000 crore is with Future

Capital Holding, which is an NBFC (Non-Banking Finance company).

Making the debt come down to Rs4,400crore.

The Future Capital stake sale is likely to garner around

Rs 500 crore for Pantaloon Retail, further reducing the debt to Rs3,900crore The company will have an EBITDA (Earnings before interest, tax, depreciation and amotisation)-to debt ratio of around 1:4 after both sales happen.

Depression of debt
Rs 8,000 crore

Rs 6,400 crore

Rs 4,400 crore

Rs 3,900 crore

SUGGESTION
Reduced debt by 1,600 crores Escape from further loss being a separate company Pantaloons was under market

 business activity can be concentrated unlike future capital

Food Right Food Hall Food Bazaar

Fair Price
Aadhar

 Government will allow foreign trade

investment.
They were into other Financial services,

logistics, e-commerce, insurance.

Companies

Future Media(India) ltd. Future logistics solutions ltd. Convergen communications(India) ltd. Pantaloon food product(India) ltd. Future knowledge services ltd. Future general India. Future capital holding. Future bazaar India ltd. Wequette textiles ltd. Staples Future office products. Foot mart retail.

Turning Point

Advent of denims and acceptance of ready made garments in India. In 1987, Manz Wear Pvt. Ltd. Was incorporated. This later changed to pantaloon fashion and subsequently to pantaloon Retail. Launched their own jeans brand Bare Necessities. In 1992 announced has initial public offer(IPO). In 1997 they entered modern Retail. In 2001 first three Big bazaars were opened.

COMPETITORS
Many competitors are there in market at

large some are: Reliance Retail(Mukesh Ambani) More (Kumar Mangalam Birla) Bharti Walmart( Raj Jain)

Done by AKSHAY JAIN