Future Lifestyle Fashions Limited

rs,

Ref: FLFL/SM/ 2018-19 To Dept. of Corporate Services (CRD) SSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 Scrip Code : 536507 Debt- Scrip Code: 957150 Dear Sir/Madam, 0

36%

ate • • • • Initiatives undertaken in last 1 year yielding result for Own brands as it grew by 36% y-oy. ~1 mn area added in 9 months FY19 1 Central and 13 Brand Factory stores opened during Q3, t

600 bps

Factory continues to show higher growth momentum, thus increasing its share of business by close to 600 bps wrt LY 9M FY18 55.0% 32.7% 12.3% 9M FY19 49.3% 38.6% 12.1% • Lee Cooper footwear commerci

55.0%

higher growth momentum, thus increasing its share of business by close to 600 bps wrt LY 9M FY18 55.0% 32.7% 12.3% 9M FY19 49.3% 38.6% 12.1% • Lee Cooper footwear commercial operation started, r

32.7%

growth momentum, thus increasing its share of business by close to 600 bps wrt LY 9M FY18 55.0% 32.7% 12.3% 9M FY19 49.3% 38.6% 12.1% • Lee Cooper footwear commercial operation started, reaching

12.3%

momentum, thus increasing its share of business by close to 600 bps wrt LY 9M FY18 55.0% 32.7% 12.3% 9M FY19 49.3% 38.6% 12.1% • Lee Cooper footwear commercial operation started, reaching 550+ s

49.3%

increasing its share of business by close to 600 bps wrt LY 9M FY18 55.0% 32.7% 12.3% 9M FY19 49.3% 38.6% 12.1% • Lee Cooper footwear commercial operation started, reaching 550+ store presence B

38.6%

ing its share of business by close to 600 bps wrt LY 9M FY18 55.0% 32.7% 12.3% 9M FY19 49.3% 38.6% 12.1% • Lee Cooper footwear commercial operation started, reaching 550+ store presence Brands –

12.1%

share of business by close to 600 bps wrt LY 9M FY18 55.0% 32.7% 12.3% 9M FY19 49.3% 38.6% 12.1% • Lee Cooper footwear commercial operation started, reaching 550+ store presence Brands – EBOs a

38%

nnels Financial Update • • • FLFL has delivered strong Revenue, EBITDA and net profit growth (~38%, ~42% and ~52% respectively) in Q3FY19 EPS for 9MFY19 is Rs. 7.16, a YoY growth of ~28% Growth in

42%

Financial Update • • • FLFL has delivered strong Revenue, EBITDA and net profit growth (~38%, ~42% and ~52% respectively) in Q3FY19 EPS for 9MFY19 is Rs. 7.16, a YoY growth of ~28% Growth in Q3 ha

52%

l Update • • • FLFL has delivered strong Revenue, EBITDA and net profit growth (~38%, ~42% and ~52% respectively) in Q3FY19 EPS for 9MFY19 is Rs. 7.16, a YoY growth of ~28% Growth in Q3 has been dr

Commentary

2

Chennai

1

Patna

1

Indore

1

Amritsar

1

Surat

1

Mumbai

1

Lucknow

1

Jammu

1

Kolkata

1

Commentary

• • • Revenue has grown by ~38%, driven by growth in brands, especially power brands and brand factory new store addition Overall volume grew 40% Brand Factory share of revenue increased by ~800 bps wrt last year Note:- all figures includes numbers of Lee Cooper business undertaking after netting off Inter-company transactions. # FLF SSG% is Central + Brand Factory SSG. FLF | Investor Update 5 9M FY19 – Financial Highlights Central SSG% Brand Factory SSG% FLF SSG% 5.5% 14.1% 8.8% (12.8% in 9M FY18) (16.3% in 9M FY18) (14.0% in 9M FY18) Revenue ` 4,347 cr in 9M FY19 Gross Margin ` 1,520 cr in 9M FY19 EBITDA ` 433 cr in 9M FY19 26.8% 22.3% 26.6% (` 3,427 cr in 9M FY18) (` 1,243 cr in 9M FY18) (` 342 cr in 9M FY18)

Commentary

• • • • Revenue has grown by ~27%, driven by growth in brands, especially power brands and brand factory new store addition. Overall volume grew 31% Brand Factory share of revenue increased by ~600 bps wrt last year EBITDA growth adjusted for start-up expenses of ~Rs. 5.5 cr. on account of Lee Cooper footwear is 28.2% Note:- all figures includes numbers of Lee Cooper business undertaking after netting off Inter-company transactions. # FLF SSG% is Central + Brand Factory SSG FLF | Investor Update 6 Same Store Retail Sales Performance 21% 14% 15% 15% 14% 12% 10% 7% 5% 4% 1% 12% 9% 11% 8% 7% 9% 6% Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19* Q3 FY19 9M FY19 Robust same store growth for Central and Brand Factory in Q3 Note: *Q2FY19 ssg adjusted for shift in festive days FLF | Investor Update 7 New Store Launches Opened 1 store in Q3, Total Store Count is 44 Opened 13 stores in Q3, Total Store Count is 89 New Store Details New Delhi: Dec FLF | Investor Update New Store Details

Secuderabad

Dec 8 Company store network Store count Dec 17 Mar 18 Dec 18 39 60 246 345 5.6 40 63 229 332 5.7 44 89 205 338 6.6 EBOs Total Area (mn Sqft) Note:- Includes numbers of Lee Cooper business Stores. Map is not to scale FLF | Investor Update 9 Business Events FLF | Investor Update 10 Latest Events at Central Central Fashion Instacast Central International Men’s Day Central Look of the day Central Shop like a Queen First Ever Fashion Instacast on 11th Oct Festive collection launch on Instagram live from Facebook Office Central honored the Men in vogue by celebrating international Men’s Day on 19th November 2019. Customized GWP program ran during the period honouring men with gifts of their interest. Happiness Sale to drive demand for Women’s category Happiness Sale to drive demand for Women’s category FLF | Investor Update 11 Brand Factory Major Events 12th – 16th December 29th – 30th December FLF | Investor Update 12 Lee Cooper key marketing and strategic initiatives Wear Your Mix Spread t

Registered and Corporate Office

Knowledge House, Shyam Nagar, Off Jogeshwari - Vikhroli Link Road, Jogeshwari (East), Mumbai 400 060 +91 22 30842336 | investorrelations@futurelifestyle.in www.futurelifestyle.in