Credit rating agency, CARE has revised ‘A+’ rating to Future Lifestyle Fashions’ Long-term Bank Facilities (Term loans) worth Rs 422.85 crore, Long-term Bank Facilities (Working Capital Facilities) worth Rs 700 crore and Non-Convertible Debentures worth Rs 450 crore from A
The rating agency has reaffirmed A1 rating to the company’s Short-term Bank Facilities (Non fund-based Limits) worth Rs 350 crore and Proposed Commercial Paper (carved out of working capital limits) worth Rs 150 crore.
The rating agency has also assigned A+ rating to the company’s Proposed Non-Convertible Debentures worth Rs 250 crore
The rating revision factors in the proceeds received through stake sale resulting in an improvement in solvency as well as liquidity position of the company. The rating continues to factor in the vast experience of the promoters (Future Group) in the retail industry; established pan-India presence of the profitable formats, comparatively higher operating margins on account of the fashion retail business and FLFL’s various investments in independent fashion brands.
Future Lifestyle Fashions has been formed through the demerger of the lifestyle fashion businesses of Future Retail (formerly Pantaloon Retail (India)) and Future Ventures India. It has a strong portfolio of owned and licensed brands and has established retail presence pan-India.
| Company Name | CMP |
|---|---|
| Avenue Supermarts | 4432.15 |
| Trent | 4292.60 |
| Vishal Mega Mart | 124.25 |
| Aditya Birla Lifesty | 107.80 |
| PN Gadgil Jewellers | 696.85 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: