#1FUTURE RETAILI Investor Presentation May 2018 Bod くくくくくくく B >>>>>> % SALE#2Table of Content FRL | Investor Presentation | May 2018 1 FRL Overview FUTURE RETAILI 03 2 Our Large Stores 09 60 3 Loyalty 16 4 Small Stores Business 19 5 Financial Update 24 6 Consistent Customer Centricity 32#3FRL OVERVIEW FRL | Investor Presentation | May 2018 Product 2 Product % October November December L Quarter 2 Quart#4India' Consumption Opportunity is Well Distributed FUTURE RETAILI Per Capita Income No of States / UT States Below $1,300 8 Assam, Bihar, Jharkhand, MP, Manipur, Meghalaya, Odisha, UP $1,300-$2,000 $2,000 - $2,500 7 AP, Chattisgarh, J&K, Nagaland, Rajasthan, Tripura, WB 8 Arunachal Pradesh, Gujarat, HP, Karnataka, Mizoram, Punjab, TN, Telangana More than $2,500 8 Goa, Haryana, Kerala, Maharashtra, Sikkim, Uttarakhand, Delhi, Chandigarh State GDP: FY17($bn) 500 Contribution to National GDP 21% Growth rate (5Y Historical) 12.0% No. of Districts 278 Urban Population (mn) 97 FRL points of connect 153 460 19% 13.2% 752 32% 12.7% India represents a well dispersed opportunity 135 74 117 192 108 436 674 28% 12.0% 107 98 329 Deeper presence in high-income states with an incumbency advantage in rest of India Source: Based on published government data *GDP: Gross Domestic Product 100+ new airports, 15 new metros and over 100 smart cities indicating better living States in orange represent FRL presence Exchange rate: $1=Rs 65 FRL | Investor Presentation | May 2018#5FRL: A Quick Glance SCALE { FUTURE RETAILI 1,035 Retail stores 14.5 mn sq.ft. Retail Space >US$ 2.8 bn FY18 Revenue (* Exchange rate $1=*65) EFFICIENCY >67% Revenue from non-food categories DEPTH VALUE CREATION FRL | Investor Presentation | May 2018 ☑ 25.6% Gross Margins 9.9% Same store Sales Growth >340 mn Customer footfalls in FY17 321 Cities 26 States 4.3% EBIT% 20.3% ROCE 12.5 EPS (before one time exceptional item)#6Performance Benchmarking IIII - R FUTURE RETAILI ☑ ₹ 399 What we set out for Addition of 20-25 large stores Big Bazaar target SSG: 12-15% Small Stores to achieve breakeven About 800 small stores by Mar '18 Strong case of margin improvement "More out of the Same" >>> ✓ >>> What we delivered 50* new stores added during the year (*including Hypercity) 13.4% Big Bazaar SSG for FY18 On track to deliver breakeven at a much larger scale in FY19 756 small stores as on 31 March 2018 (including 90 WH Smith stores w.e.f. 11 May 2018) EBITDA margin improved by 100 basis points on a y-o-y basis Big Bazaar sales per sqft has increased by 11.5% to ~14,500* FRL | Investor Presentation | May 2018 * For stores that were operational for the full year#7FRL's Retail Network As on 1 April 2017 FUTURE RETAILIII As on 31 March 2018 Formats Store additions Stores Cities Area (mn sqft) Stores Cities Area (mn sqft) BIG BAZAAR 235 124 10.2 50 2851 135 12.1 Making India Beautiful Large Stores fbb 54 32 0.6 7 61 36 0.6 India's shion Foodhall 7 4 0.1 3 10 5 0.1 Small Stores easyday Berito fresh 538 11# 1.4 128* 6662 133 1.5 Club Others ezone 30 11 0.3 (17) 13 8 smarter living 100 0.1 Cumulative 864 240 12.5 188 1,035 321 14.5 1. Including Hypercity stores 2. Excluding the acquisition of 90 stores of WH Smith. The transaction was closed on 11 May 2018 3. Clusters 9.1 Total Retail Area (mn sq.ft) 14.5 10.0 12.5 11.6 FY14* FY15* FY16* FY17* *Excluding Home Town (Like for Like) FRL | Investor Presentation | May 2018 FY18 HyperCITY Big store. Big savings. HomeTown The Art Of Better Living 19 stores. 'Marquee Locations' Demerged. 'Focus on core large & small stores' (7)#8Long-term Aspiration BIG BAZAAR Making India Beautiful (No. of Stores) fbb India's Fashion Hab 235 228 285 375 51 54 52 61 FUTURE RETAILI (No. of Stores) 300 FY 16 FY 17 FY 18 2-4 years FY 16 FY 17 FY 18 Long term potential FRL | Investor Presentation | May 2018 Small Stores (No. of Stores) 538 666 320 10,000 FY 16 FY 17 FY 18 Long term potential#9FRL | Investor Presentation | May 2018 T ABA OUR LARGE STORES ΠΙΟ 00000#10Most Customer Centric & Operationally Efficient Integrated Business Modell Truly Pan India — High Margin Model H Celebrating every Indian festival * www. FUTURE RETAILI Largest Consumption database Strong technology framework Top Quality own brands The Customer Widest Assortment Leader in several Categories Industry leading loyalty base No loss making stores FRL | Investor Presentation | May 2018#11Big Bazaar: The National Retail Chain FUTURE RETAIL!III West: 26% North: 25% South: 25% Note: % indicates FRL revenue share from the regions FRL | Investor Presentation | May 2018 East: 24% Synonym of India's Consumption One of the most loved brands Well distributed across 'many Indias' -««#12Structurally High Margin Model of Large Stores FUTURE RETAILI Non-Food Fashion Food (General Merchandise + HPC) Revenue share 34% - 36% B 30% -32% 32% -35% ☑ Gross Margin 40% -42% 22% -24% 15% -17% Own Brands share 94% - 96% 8% - 10% 18%-20% FRL | Investor Presentation | May 2018 Blended Gross Margin: ~26 - 27% 12#13Prominent Market Share across select Fast Growing Categories Note: Illustrative categories Men's Casualwear Kidswear 11% Women Ethnic 10% Fashion 19% (15% Tableware FUTURE RETAILI General Merchandise (30%) Luggage 18% 12% Cookware 11% 26% (16%) (17%) (21% FMCG (19%) Food & Beverages Beverages 12% 15% Colour cosmetics 17% Packaged food 8% Note: 1. Staples 7% Personal (18% 14% 15% Care (10% Homecare 13% 19% Estimated FRL Market share in Organised Retail Expected Category Growth rates for next 3 years Source: Various Industry Reports & Internal Estimates Beverages refer to non alcoholic beverages excluding milk FRL | Investor Presentation | May 2018 13#14Many of our Private Brands & Segments are Category Leaders... Women's Wear 950 900 (cr.) 1,100 950 SRISHTI ATEE SA 270 QUEEN of style 440 250 220 1799 Men's Wear BRONO FUTURE RETAILI (cr.) LE 500 375 300 Brand 2 Brand 3 shyla Brand 5 DJ.C Brand 2 BUEFALO Brand 3 Brand 5 LOOK FAMOUS+ KNIGHTHODD Brand 1* Cookware TENSILS 121 100 Brand 2* ာ WB WELLBERG 750 Kids' Wear (cr.) fbb India's Fashion Bab 600 500 449 Retailer 2 Retailer 3 *Estimated Revenue through Modern Retail Note: Estimated revenue of other brands and retailers from publicly available sources. Kidswear category is compared with other retailers' FRL | Investor Presentation | May 2018 (cr.) 14#15While new are being created and many extended. Illustrative new categories & extensions' purêtta Snart Nons Happier ble Introducing Baby Care Accessories 7 CATEGORIES, 45 SKUS OOZING STYLE WITH A FUN DOSE OF DENIM! FUTURE CONSUMER STYLE denims 599 yours cutely fbb OLA'S FASHION H BIG BAZAAR WOMENS FASHION Boots WB Starting 799 -Available in various lengths •Low/Mid/High ankle Illustrations Only BIG BAZAAR FRL | Investor Presentation | May 2018 INTRODUCING PREMIUM GLASSWARE RANGE AVAILABLE EXCLUSIVELY AT NEAREST BIG BAZAAR STORE WELLBERG FOREVER KURTIS Deck up with the latest and evergreen styles of Kurtis from fbb! MADE IN EUROPE bbFOREVER URTES FUTURE RETAILI BIG BAZAAR Makrg du Banki in Style INTRODUCING THE WIDEST RANGE OF DAILY AND OUTDOOR TRAVEL BAGS Our SADRI MILESTONE (BUAD) 17TH APRIL ONWARDS WHEN THE SUMMER GETS HOTTER GET COOLER WITH fbb FOREVER KURTIS WIDEST RANGE OF KURTIS STARTS 499 fbb #DropThePants THIS WORLD SHORTS DAY 23rd APRIL STARTING AT 349 BIG BAZAAR Click Here To Watch fbb's Forever Kurtis TVC BIG BAZAAR (15) fbb#16ALLEGIANCE SERVICE ALLEGIANCE CLIENT RATES BUSINESS CONNECTION BRAIO CON MER REL CONSUMER LOYALTY ATEGY RESPECT COMPANY TRUST FRL | Investor Presentation | May 2018 CONFIDENCE SATISFACTION SUPPORT 15 (G#17One of the largest database of India's consumption Our Customers Their evolving income levels (est) Age (Years) Customers Share >>>>> Customer base mix (2018) FUTURE RETAILI And we know their consumption choices in great depth Women's Apparel 12% 48% Under 25 >>>>>> 11% c) Babycare 40% 26 to 35 >>>>>> 29% 36 to 45 30% 46 to 60 22% >> Customer base mix (2024) 26% 46% 28% Above 60 8% Annual income (in): 0.3-0.5 mn 0.5-1 mn >1 mn *Estimates based on internal data FRL | Investor Presentation | May 2018 K Health products ° ° >6.5mn customers ~5mn customers ~4.5 mn customers ~0.9mn Travel related products customers ~3.5mn Instant Noodles customers SOAP Soaps ~3mn customers#18Future Pay: Creating a unique platform with strong ecosystem synergies FUTURE RETAILI future pay future group Now get your favourite brands' offer updates directly on Future Pay f BAZAAR future pay Register TODAY and make the most of the benefits! ACCEPTED AT DOWNLOAD FUTURE PAY APP AT AZAAR fbb Google Play App Store future pay future group Register yourself on the Future Pay App and enjoy a bounty of benefits! Price Match your bill to get the BEST Price Guarantee Link Profit Club & PAYBACK Cards PRICE MATTH App Exclusive Cash Back Offers Convenient Cash-ane Shopping Now you can connect with Future Pay on DOWNLOAD FUTURE PAY APP AT Google Play AppStore Celebrating 5 MILLION USERS future pay IS GROWING STRONG! Quick Billing INSTANT CASHBACK LOWEST PRICES ASSURED APP EXCLUSIVE ON LOADING MONEY BY PRICE MATCH OFFERS FRL | Investor Presentation | May 2018 Future Pay Users (in mn) 5.0 1.2 >4x growth Mar '17 Mar '18 11:55 4G 11:55 Future Pay Future Pay D BIG BAZAAR 250000 GET CASH TO SHOP SHOP NOW PAY LATER IN 3 EMIS @O COST KNOW MORE BIG BAZAAR Accepted At CENTRAL D Price Match BIG BAZAAR MONTHLY BONANZA GET 5% CASHBACK ON ADDING MONEY TO THE FUTURE PWV'S BIG BAZAAR WALLET KNOW MORE Accepted At + CENTRAL AFRECTORY P Price Match My Wallet Profils eussio N 5 million users Average spend per user has doubled in the last 12 months ~ 3 million price match transactions Average top-up amount has increased by >50% 18#19SMALL STORES BUSINESS DAAWAT FRL | Investor Presentation | May 2018 0125 Sale 19#20Member-Centric Model with Robust Enablers Platform Data-led & 020 ready platform o Data: Key enabler for our new stores and operations' alike 。 Capabilities in-place for last mile delivery STORE ** FUTURE RETAILI Strategy Low cost operations blended with own brands' strategy 。 Scale-up within clusters to bring the costs down 。 Own brands' implicitly have superior terms & faster execution Firm Demand Membership model that captures high wallet share o Est 40-60% wallet share of over 0.5mn members at present 。 Assortment predictability bringing in higher efficiencies Execution Focused clusters & assortment (4,000 SKUs in defined clusters) o Regional & local teams driving the execution 。 Model with limited SKUs, clusters & targeted customers FRL | Investor Presentation | May 2018 (20#21Margin Model of Small Stores ☑ Food Non - Food Revenue share 73% -75% 25% - 27% Gross Margin 15% -17% 18% - 20% Own Brands share 25% -28% 6% -8% FRL | Investor Presentation | May 2018 Blended Gross Margin: ~16 - 17% FUTURE RETAILI (21#22Gateway to Our Small Stores: EasyDay Savings Club Total Members over 5,00,000 Average ~910 members enrolled per active store Annualized spend per member ~35,000 Membership active in ~544 stores Easyday Club Members (in mn) 5x 0.5 0.1 FUTURE RETAILI Members visit ~3 times Pados ki taazgi Pados ka bharosa a month 10 Pados waali service Pados ki WhatsApp shopping Naye andaaz waali shopping Pesh hai membership waali faayde ki dukaan Pados ki bachat Pados ka parivaar Pados ki quality Visit www.easyday.in Become a member now -Jaldi kijiyet- SIRF 2000 MEMBERS e lye open- Ricky ko chahiye sab kuch fresh jab grocery ka hai Sawaal Sonia ke Pados Ki Dukaan ke pass hai uska har Jawaab Click to watch easyday Pa Dun easyday. Club Members Pados ki Dukaan future group 21.11.17 More Power to the Consumers Experience Retail 3.0 Live on O Today at 5.30pm Follow their story on our social media handles Join us in the LIVE stream on Twitter @fg buzz and Future Group Facebook page to watch Kishore Blyani introduce Retail 3.0 art of this landmark event that will alter the Retail landscape and empower the customer like never beforet Broadcast LIVE from Mumbal, today at 5.30pm Be a part o @easydaystore easydayclub easydayclub easydayclub Jun '17 Mar '18 Mar'21 E FRL | Investor Presentation | May 2018 (22#23Going Deeper in Chosen Clusters 118 175 143 149 74 68 53 Increasing prominence in large clusters FUTURE RETAILI 37 34 34 31 32 31 30 30 24 22 27 23 20 20 15 6 0 Ludhiana NCR Hyderabad Lucknow Chennai Bangalore Ahmedabad Jaipur Haryana Mumbai Haridwar Jammu Kolkata ■FY17 FY18 FRL | Investor Presentation | May 2018 (23#24FINANCIAL UPDATE FRL | Investor Presentation | May 2018 Product 2 Product 3 E November December % 10% וווו Quarter 2 24#25FY18 Performance Overview Big Bazaar Sales per sq ft# (₹) Gross Margin (%) 13,018 FY17 11.5% 14,514 FY18 #Sales per sqft for stores that were operational for the full year 573 3.4% FY17 EBIT (cr.) 791 38% 4.4% FY18 24.8% 12% 25.6% FUTURE RETAILI Income from Operations (₹ cr.) 18,478 4,737 4,241 FY17 FY18 *Underlying Y-o-Y growth adjusting for eZone rationalization, HomeTown demerger and GST impact FRL | Investor Presentation | May 2018 17,075 FY17 21.7%* Same Store Sales Growth (%) 12.0% 9.9% FY18 14.0% 13.4% FUTURE RETAILI FY17 ■FY18 BIG BAZAAR Making India Beautiful 25#26Returns and Working Capital ROCE 21.2% 20.3% 17.5% 14.5% 13.4% 9.1% FUTURE RETAILI ROE 20.9% 21.2% O 15.5% 13.7% • Mar '16 Sep '16 Mar '17 Sep '17 Mar '18 Mar '16 Sep '16 Mar '17 Sep '17 Mar '18 Debt/EBIT Inventory Days (Revenue) 2.3 3.3 1.6 1.3 1.2 O 85 81 80 80 * 79 Sep '16 Mar '16 Mar '17 *Based on annualized revenue from Hypercity stores Mar '16 Sep '16 Mar '17 Sep '17 Mar '18 Note: The ratios pertaining to FY16 have been derived on a comparable basis • Net Debt / EBIT = (Borrowings - Cash & Bank Balances) / EBIT • • ROCE = EBIT / Average (Equity + Optionally convertible debentures + Borrowings - Cash & Bank Balances) ROE = PAT before exceptional items / Average (Equity + Optionally convertible debentures) • Inventory days = (Inventory / Income from Operations) * 365 FRL | Investor Presentation | May 2018 Sep '17 Mar '18 (26#27Full Year Like to Like Margins EBITDA (FY18) Note: (42) 4.6% 844 ( cr.) 4.9%* EBITDA (Q4 FY18) FUTURE RETAILI 4.5% (38) 886 205 FRL Hypercity PAT (FY18) Rest of FRL (cr.) 3.3% 0.1% 11 PAT 604 615 (After exceptional item) Non-cash Exceptional item PAT (Adjusted) FRL Hypercity (cr.) 5.5%* 243 Rest of FRL Hypercity stores were under upgradation and renovation in FY18 о EBITDA at 5.5% on a like-to-like basis о Hypercity business included for 4 months in FY18 We believe Hypercity stores to be EBITDA accretive in first 12 - 18 months of operations PAT (adjusted) for FY18 at 3.3% as compared to 2.2% in FY17 *Adjusting for Hypercity revenue of 188cr & 283 cr for 3 months and 4 months in the quarterly and annual revenues respectively FRL | Investor Presentation | May 2018 (27#28Hypercity Retail: Transaction Structure (Closed w.e.f 1st Dec 2017) Transaction Consideration 100% stake purchase by FRL in Hypercity Retail India (Pvt) Ltd ("HRIL") FUTURE RETAILI Advantages of this structure Hypercity stores residing ity stores re in FRL directly Equity 500cr Cash 112cr b»»»»» «««««b Book Value of 100% holding in HRIL 612cr Debt 285cr ^»»»>>>>>>>>> Demerger of Retail Business Retail Business 604cr Non-Retail 8cr from HRIL to FRL Write-off of the book value as per the Ind-AS Significant cost synergies on sourcing & operations Historical losses of HRIL amounting to 520cr to carry forward in FRL Non-cash & one-time adjustment to P&L Realization of 8cr from the non-core business FRL | Investor Presentation | May 2018 Sale of Non-Retail operations for *8cr Consideration received at FRL (28#29Quarterly Performance Overview Same Store Sales Growth (%) 9.9% BIG BAZAAR Making India Beautiful 15.1% 15.3% 15.3% 15.9% 13.8% 13.1% 11.0% 8.8% Y FUTURE RETAILI FUTURE RETAIL!III 13.1% 13.3% 12.5% 11.8% 10.2% 10.4% ill II 6.0% Q1 FY17 Q2 FY17 Q3 FY17 Q4 FY17 Q1 FY18 Q2 FY18 Q3 FY18 Q4 FY18 Q1 FY17 Q2 FY17 Q3 FY17 Q4 FY17 Q1 FY18 Q2 FY18 Q3 FY18 Q4 FY18 Income from Operations (₹ cr.) 4,575 4,484 Q4 FY17 18.1%* Q4 FY18 Gross Margin (%) 27.0% 24.9% 1,117 Q4 FY17 210 bps 1,234 174 EBIT (cr.) 7% 3.9% 187 4.1% Q4 FY18 Q4 FY17 Q4 FY18 *Underlying Y-o-Y growth adjusting for eZone rationalization, Home Town demerger and GST impact FRL SSSGs are on like-to-like basis FRL | Investor Presentation | May 2018 (29#30P&L Statement FUTURE RETAILI 3 months ended Growth Year ended Growth Particulars (cr.) 31-Mar-18 31-Mar-17 Y-o-Y 31-Mar-18 31-Mar-17 Y-o-Y Total income from Operations 4,575 4,484 18.1%* 18,478 17,075 21.7%* Gross Profit 1,234 1,117 10% 4,737 4,241 12% Gross Margin % 27.0% 24.9% 25.6% 24.8% Employee benefits expense 245 211 16% 930 803 16% Rent including lease rentals 360 350 3% 1,405 1,360 3% Other Expenditures 429 376 14% 1,570 1,496 5% Total expenditure 1,033 937 10% 3,905 3,659 7% Other Income 3 3 23% 12 24 (51%) EBITDA 205 183 12% 844 605 39% Depreciation and amortisation 18 102% 53 33 64% EBIT 187 174 7% 791 573 38% EBIT % 4.1% 3.9% 4.3% 3.4% Finance Costs 46 51 (9%) 175 204 (14%) PBT 140 123 14% 615 368 67% PBT% 3.1% 2.7% 3.3% 2.2% Exceptional non-cash item (604) (604) PBT (after exceptional item) (464) 11 368 Tax Expenses PAT (464) 123 11 368 *Underlying Y-o-Y growth adjusting for eZone rationalization, HomeTown demerger and GST impact FRL | Investor Presentation | May 2018 (30#31Balance Sheet A) ASSETS PARTICULARS (* cr.) As at 31 Mar 2018 Non-Current Assets Inventories Trade Receivables Other Current Assets TOTAL ASSETS FUTURE RETAILI As at 31 Mar 2017 1,459 916 4,417 3,735 270 228 1,865 1,902 8,011 6,781 B) EQUITY AND LIABILIIES Equity 3,096 2,554 Non-Current Liabilities 171 190 Net Debt 1,042 922 Trade Payables 3,424 2,780 Other Current Liabilities 278 336 TOTAL EQUITY AND LIABILITIES 8,011 6,781 FRL | Investor Presentation | May 2018 (31#32CONSISTENT CUSTOMER CENTRICITY FRL | Investor Presentation | May 2018 Product 2 Product October November December 10% Quarter 2 Quart (32#33Big Bazaar: Evolving for Better Customer Service & Centricity BIG DAZAAR GEN NXT FUTURE RETAIL!III ^ FRL | Investor Presentation | May 2018 » Faster checkouts Sit-down lounges for checkouts » Endless aisles Assortment upgradations driving the Productivity » Digital shelf talkers Experience zones with multi- sensorial food products » Wider merchandise and assortments LED » Large digital screens Differentiated recall in the minds of customers Commenced deployment of latest technologies for the Online2Offline convergence -«« (33#34FBB: Leading Fast Fashion Value Retailer fbb India's Fashion Hub FUTURE RETAILI "Making India thoda aur Stylish" FRL | Investor Presentation | May 2018 کہتے کسی 889 In-house design teams ensure fastest design- to-store time PPP Provides style and quality at pocket friendly prices (34#35Neighbourhood Stores with a Unique Model easyday Club For Members easyday Club इंझीडे ka dub MEMBERS AT THE HEART OF THE EASYDAY Cop CLUB Special FRL | Investor Presentation | May 2018 P TAAZGI FUTURE RETAILI Re-imagined neighbourhood food and grocery stores Driven by local communities and consumption patters Unique Membership program with a strong and loyal customer base Modern and personalized shopping experience (35#36Foodhall: Bringing globally best to India's best LATE H & omes MOHD <<<< Foodhall FUTURE RETAILI ROYCE <<<<<<< KAFFA CERRADO PAPABUBBLE FRL | Investor Presentation | May 2018 Foodhall dorthe love of food- Best of global and local foods and customer delight Understanding evolving food and consumption patterns COMO FRCE CASK Stores at the most premium locations in Mumbai, Bangalore, Delhi and Gurgaon Offers unique experiences like gourmet kitchens, world foods, spice station etc. (36#37Innovative Digital Campaigns World's first 24hr f❘ LIVE SABSE SASTE DIN 24-28 JAN BIG BAZAAR Making India Beautiful #IndiaChalaShopping 26th Jan Starts at 9 AM FUTURE RETAILI BIG BAZAAR Making India Beautiful ( BIG BAZAAR. Making India feautiful ARE YOU READY FOR INDIA'S BIGGEST SHOPPING BLOCKBUSTER! CATCH THE MAGIC. BAG GREAT OFFERS. ✿ SABSE MUSIC SASTE DIN 24-28 JAN BIG BAZAAR SABSE IN FAST S BILLING Book your pass MIN SASTE DIN 24-28 JAN that back on shopping ONLINE for 250 & get ww LIVE D X BOURNVITA 1KG Closed at Rs318 MAGGI 420 Closed at Rs53 BIG BAZAAR Select Category KITCHEN STOCK EXCHANGE How to reduce your kitchen ka kharcha by half? iBoli 凸 Register Now! 29th Mar - 4th Apr Vote for 5 products to bring the price down 5th Apr Shop at Big Bazaar 7th - 8th Apr FRL | Investor Presentation | May 2018 E Book now KORVO HEALTHY FRYER KHF 2215 How it works SAR PATAKNE SE MEHENGAAI KAM NAHI HOGI! REGISTER KARNA PADEGA. Price Down by : 32 Price Down by: 4 Price Down by: 1198 ▼Price Down by: 99 Bourn Vita Bournvita 1kg 350 318 Maggi 420 5753 Koryo Healthy Fryer Khf 2215 Koryo OTG KOT 1121 1990 1891 *4990 *3792 FINAL PRICE SET FINAL PRICE SET FINAL PRICE SET FINAL PRICE SET Price Down by: 414 Price Down by: 500 Price Down by: 27 Price Down by: *25 SHAREf Good Day BIG BAZAAR KITCHEN STOCK EXCHANGE Kitchen ka kharcha aadha karna hai toh Big Bazaar Kitchen Stock Exchange me register kijiye! REGISTER NOW (37#38Creating the right wave with our Marketing Campaigns BIG BAZAAR Making India Band fbb celebrates the beautiful women in our lives #TuBeautiful BUFFALO SINCE 1979 GUARANTEED HAR DIN LOWEST PRICE AB SARA INDIA BOLEGA GUARANTEE * हर दिन LOWEST PRICE GUARANTEED WATCH NOW BIG BAZAAR BIG BAAAR 00:00:00/00:00:00 #TuBeautiful You Tube Click here to watch the celebration! Tell us about the beautiful woman in your life and why you think so. Send in your entries to [email protected] The best 3 entries will win exciting fbb Wowchers! GUARANT EED हर दिन LOWEST PRICE GUARANTEED HURRY UP! LAST DATE FOR ENTRIES 12TH MARCH 2018 fbb Joining The Cricketing Frenzy In Style! fbb INDIA'S FASHION HUB is the official partner of ViVO BIPL fbb OFFICIAL PARTNER 2018 Kickstarting the IPL season, fashionably! fbb INDIA'S FIRST WATCH NOW BUY NOW www.live.fbbonline.in Tonight | 8 PM CLICK TO WATCH 40 000/15 FRL | Investor Presentation | May 2018 fbbonline.in FUTURE RETAILI fbb INDIA'S FASHION HUS PRESENTING fbb's NEW BUFFALO AD, WHERE VARUN IS LLONEWITHTHE #MOMENT CLICK HERE TO WATCH THE TVC 3000 OF: (38#39Celebrating every Festival with India fbb Is Holi... Ghulenge Khushiyon Ke Rang Hazaar KHUSHIYON KI FASAL LAAYI HAI BAHAAR BIG SAZAAR Har Tyohaar Mein BIG BAZAAR Created by-Internal Com...nications CLICK HERE TO WATCH THE BAISAKHI SPECIAL TVC! Har Tyohaar Mein BIG BAZAAR नवरात्रिमा ad સ્ટાઈલમાં. S મિસ ઈંડિયાજ લાન્યા કલેક્શન 599 | શર કિડ્સ ફેસ્ટિવ ફૅશન 399 થી શરૂ WAKE UP TO A FESTIVE FEEL OF VISHU ખરીદ કરો 23000-24999 of મેળવો 3300 (150 x 2 ) કેંશ ૪ ૪ પૉટમાં ખરીદી કરો 75000-77499 of મેળવો 5600 (300 x ? ગ્રહિના) ખરીદી કરો 57500 અથવા વધુની 1000 (500x2) ફિર માત્ર ફેશન અને ટવીટની પરી} પર માન્ય Now shop online at www.fbbonline.in ()sa ca, બર મોતે ન જમા 111A ૬, રઘસ, કારક, તો એમનો ધક્ય ડિસા, સ ટ કવધ કરજો. ચી. શ્રીજી યાત્રા ી . Ke વડગામ, દત્ત ગુમારને, અંગ - 361 601 nel 1800 20: 22551 મં ધ-36 Judge ale na že s ૨ ) દરમાં શેલણાં ન માનસિક દર્ભનો 127*6 . સામેલ છે ગણવા બંધાય ૨૬૪૫ આવ 635 તહેવારમાં BIG BAZAAR મીડિયાને સ્વમુલ FRL | Investor Presentation | May 2018 44 CLICK HERE TO WATCH THE VISHU SPECIAL TVC! fbb INDIA'S FASHION HUB FUTURE RETAILI ആഘോഷിക്കാം, 63030036S 6396Mo സ്റ്റൈലിഷായ് simo വെയർ *299 മുതൽ Har Tyohaar Mein BIG BAZAAR 69609 ഉത്സവത്തിനും BIG BAZAAR ഇന്ത്യൻ ആക്കുന്നു. 39#40FUTURE RETAILI FUTURE RETAIL: RIGHT NEXT TO YOU This report contains forward-looking statements, which may be identified by their use of words like 'plans', 'expects', 'will', 'anticipates', 'believes', 'intends', 'projects', 'estimates', or other words of similar meaning. All statements that address expectations or projections about the future, including but not limited to statements about the Company's strategy for growth, product development, market position, expenditures, and financial results are forward-looking statements. Forward-looking statements are based on certain assumptions and expectations of future events. The Company cannot guarantee that these assumptions and expectations are accurate or will be realized. The Company's actual results, performance or achievements could thus differ materially from those projected in any such forward looking statements. The Company assumes no responsibility to publicly amend, modify or revise any forward looking statements, on the basis of any subsequent developments, information or events. Corporate Office: Future Retail Office, 9th Floor, Tower C, 247 Park, LBS Marg, Vikhroli (West) Mumbai: 400083, +91 22 30842336 | www.futureretail.in