Future Consumer Limited is an FMCG company. It is part of the Future Group. The company supplies supermarket chains in India with FMCG products. Here is a look at their financials and stock history.
Future Consumer Limited is a fast moving consumer goods (FMCG) company that is a part of the Future Group. It primarily sources its products for supermarket chains across the country.
Market Capitalisation
The market capitalisation of Future Consumer Limited, as of August 10, 2018, was a little over Rs.9,100 crore.
Future Consumer Limited is a fast moving consumer goods (FMCG) company which primarily serves as a sourcing entity for supermarkets in India. It is one of the largest sourcing-to-supermarkets FMCG company in the country. It has a diversified portfolio of products and is constantly expanding it to cater to the demands of the Indian market. Presently, it supplies its products to various categories like ready-to-eat meals, basic foods, personal and hygiene care, home care, and beverages. Apart from this, it has also set up India Food Park in partnership with the Ministry of Food Processing Industries, Government of India. The idea behind this is to have the Food Park serve as a one-stop destination for end-to-end food processing, that is, all the way from the farm to the markets.
The roots of the company can be traced back to the year 1996, when the company was originally was incorporated as Subhikshith Finance & Investments Limited. In July 2007, Pantaloon Future Ventures Limited - the completely owned subsidiary of Pantaloon Retail India Limited, acquired 100% of the total issued equity shares. The company then changed its name to Future Ventures India Private Limited. It commenced its operations by purchasing securities of various apparel companies like Biba Apparels Private Limited, Footmart Retail India Limited, Lee Cooper India Limited, et cetera. The company continued to do so till 2013, when the name was changed once again and this time, it was renamed to Future Consumer Enterprises Limited. Over the course of next few years, it entered into various strategic partnerships to consolidate its position in the Indian retail sector.
Mr. G.N. Bajpai - Chairman
Mr. G.N. Bajpai presently serves as the Chairman of the Board at Future Consumer Limited. He holds a Bachelor's degree in Law from the University of Indore and a Master's degree in Commerce from the University of Agra. Prior to this, he served as the Chairman of the Board at Securities and Exchange Board of India and the Life Insurance Corporation of India. He has also served as a Non-Executive Chairman and as a Director on the boards of various other reputed companies like Axis Bank, ICICI Bank, General Insurance Corporation of India, et cetera. He has also received the 'Outstanding Contribution to the Development of Finance' award from the then Prime Minister Dr. Manmohan Singh.
Mr. Kishore Biyani - Chief Executive Officer, Future Group
Mr. Biyani presently serves as the CEO of the Future Group. In addition to this, he is also associated with the various companies of the group. He serves as the Managing Director of Future Retail Limited and Future Lifestyle Fashions Limited. Furthermore, he serves as the Chairman of the Board at Future Media India Limited. He has led some of the most popular retail chains in India - outlets that span across more than 200 cities and serve more than 300 million customers. For his contribution to the retail sector in India, he has received various awards like 'CEO of the Year - 2001', 'Most Admired Retailer of the Year - 2004', and 'Retail Face of the Year - 2005.' Mr. Biyani is a graduate of HR College of Commerce, Bombay, where he obtained a Bachelor's degree in Commerce.
Mr. Narendra Baheti - Director
Mr. Baheti currently serves as an Executive Director at Future Consumer Limited. He has held this position since August 2016 and prior to this, he served as the Business Head of the company's Agri Division. He has been a part of the Future Group since 2002, when the group launched its first Big Bazaar outlet. He has played an important role in improving the supply chain management across all the company's operations, along with strengthening and diversifying its agri business.
The equity shares of the company are available to the general public for trading on the country's two most prominent stock exchanges - the National Stock Exchange of India Limited and the Stock Exchange, Mumbai. The respective call sign for the same are as follows:
Coming to the stock market indices, the company comprises the following:
Future Consumer Limited
Knowledge House,
Shyam Nagar, Off Jogeshwari Vikhroli Ring Road
Jogeshwari East, Mumbai - 400060
Maharashtra, India
Contact number: +91-22-6119-0000
Email: investor.care@futureconsumer.in
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