Textiles, Apparel and Luxury Goods
Company Overview of Madura Garments Lifestyle Retail Company Limited
Madura Garments Lifestyle Retail Company Limited designs, manufactures, distributes, and retails apparel and accessories for men, women, youth, and children. It provides various brands of shirts, trousers, jeans, tees, tops, kurtas and fusion tops, and winterwear; and bags and scarves. The company markets and sells its products through exclusive and franchise stores, shop-in-shops, multi-brand trade outlets, hypermarkets, and department stores in India, the United Arab Emirates, Oman, Saudi Arabia, Qatar, Bahrain, Kuwait, Yemen, Sri Lanka, Nepal, the Maldives, and Uganda. It also sells products online. The company was founded in 1988 and is based in Bengaluru, India. As of January 1, 2000, M...
Plot no. 58, Regent Gateway
KIADB Industrial Area
Founded in 1988
Key Executives for Madura Garments Lifestyle Retail Company Limited
Chief Omni-Channel Officer and President of International Brands
Head of Garments and Director
Head of Operations and Marketing - The Collective
Compensation as of Fiscal Year 2015.
Madura Garments Lifestyle Retail Company Limited Key Developments
Indian Rayon Reports Earnings Results for the Second Quarter and Half Year Ended September 30, 2015
Nov 9 15
Indian Rayon reported earnings results for the second quarter and half year ended September 30, 2015. For the quarter, revenue was INR 2,310 million compared to INR 2,320 million a year ago. EBITDA was INR 650 million compared to INR 560 million a year ago. Segment EBIT was INR 550 million compared to INR 470 million a year ago. ROACE (Annualised) was 30% against 25% a year ago.
For the half year, revenue was INR 4,530 million compared to INR 4,440 million a year ago. EBITDA was INR 1,240 million compared to INR 1,110 million a year ago. Segment EBIT was INR 1,040 million compared to INR 900 million a year ago. ROACE (Annualised) was 28% against 24% a year ago.
Indian Rayon Announces Earnings Results for the First Quarter Ended June 30, 2015
Aug 12 15
Indian Rayon announced earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported total revenue of INR 2,220 million against INR 2,120 million a year ago. EBITDA was INR 490 million against INR 540 million a year ago.
Birla Shortlists PE Companies For Retail Company Stake
Sep 4 14
Aditya Birla Management Corporation Pvt. Ltd. has short-listed L Capital Management SAS, General Atlantic LLC, GIC Pte. Ltd. and Standard Chartered Private Equity Limited to raise $400 million for its consolidated retailing business unit, two people directly familiar with the matter said. Birla will raise $200 million each from two investors in the coming weeks, which values the new retail company at $2.2 billion in enterprise valuation, they added. It was reported in July 2014 that Birla had mandated Standard Chartered Bank to sell stake in the unit that's being created through a merger of Madura Fashion & Lifestyle, Pantaloons and More supermarkets. The four investors are completing due diligence process before Birla decides on the eventual picks. The chosen investors and their investment plan will be built into the scheme of merger being prepared for the three group companies. As part of the plan, Madura will be subsidiarized with public shareholding. Pantaloons and More will be merged with the demerged Madura subsequently. Several foreign investors had looked at the stake-buy opportunity but the aforesaid four names remain in the process. A source said one more sovereign wealth fund might still be in the fray. This could not be confirmed independently.
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May 4, 2015