Home / Knowledge / News / Apparel/Garments / Future Group may sell FLF stake
Future Group may sell FLF stake
May '16
Courtesy: Future Group
Courtesy: Future Group
Future Lifestyle Fashions is one of the six investments in the Kishore Biyani-led Future Group which Future Enterprise Ltd is looking to monetise in each of the next five years to raise Rs 10,000 crore.

Future Lifestyle Fashions, Future Supply Chain Solutions, Future Consumer Enterprise, Future Generali India Insurance Co, Future Generali India Life Insurance Co, Apollo & Goldmohur Mills and Staples together are valued at present Rs 4,345 crore and are likely to be worth Rs 10,160 crore in the next 3-5 years, FEL said in an investor presentation.

"Target to at least monetise one investment per year over the next five years," it said.

The company claims that the plan has a potential realisation of Rs 10,000 crore. "Monetisation of only one or two investments has the potential to make FEL debt free. Beyond that any monetisation can lead to value creation for shareholders," it said.

In the next two to three years, FEL said it is looking at partial monetisation of stakes in Future Consumer Enterprise Ltd (FCEL) and Future Lifestyle Fashions (FLF).

The current value of 9 per cent stake holding in FCEL is Rs 325 crore while that 16 per cent holding in FLF is Rs 285 crore, according to the investor presentation. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: Kornit Digital

Textiles | On 28th Feb 2017

'Customisation is an advantage of digital printing'

Changing business models and companies' decision to reduce their...

Textiles | On 28th Feb 2017

China's textile & apparel exports up 10.2% in Jan 2017

Exports of textiles and garments from China resumed growth in the...

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search