Content

  1. 1The Bombay Store Essentials
    1. 1.1 The Bombay Store ISIN
    2. 1.2 The Bombay Store Face Value
    3. 1.3 The Bombay Store Total Share
    4. 1.4 The Bombay Store Total Income
    5. 1.5 The Bombay Store Profit After Tax
    6. 1.6 The Bombay Store Promoter Holding
    7. 1.7 The Bombay Store EPS
    8. 1.8 The Bombay Store P/E
    9. 1.9 The Bombay Store P/B
    10. 2.0 The Bombay Store Market Capitalisation
    11. 2.1 The Bombay Store Enterprise Value
    12. 2.2 The Bombay Store Book Value
    13. 2.3 The Bombay Store Intrinsic Value
    14. 2.4 The Bombay Store Earnings Yield
    15. 2.5 The Bombay Store Dividend Yield
    16. 2.6 The Bombay Store Sector
    17. 2.7 The Bombay Store Sub-sector
    18. 2.8 The Bombay Store Category
    19. 2.9 The Bombay Store Cashflow - Operations
    20. 3.0 The Bombay Store Cashflow - Financing
  2. 2The Bombay Store Growth
    1. 2.1 The Bombay Store Compounded Sales Growth
    2. 2.2 The Bombay Store Compounded Profit Growth
    3. 2.3 The Bombay Store Return On Equity
  3. 3 About The Bombay Store
  4. 4 The Bombay Store IPO Details
  5. 5 The Bombay Store Funding
  6. 6 The Bombay Store Merger & Acquisition
    1. 6.1 The Bombay Store Merger
    2. 6.2 The Bombay Store Acquisition
    3. 6.3 The Bombay Store Investments
  7. 7 The Bombay Store Subsidiaries
  8. 8 The Bombay Store Business Model
  9. 9 The Bombay Store Revenue Segmentation
  10. 10 The Bombay Store Product & Services
  11. 11 The Bombay Store Assets
  12. 12 The Bombay Store Industry Overview
    1. 12.1 The Bombay Store Industry Statistics
    2. 12.2 The Bombay Store Future Prospects
    3. 12.3 The Bombay Store Government Initiatives
  13. 13 The Bombay Store Awards & Achievements
  14. 14 The Bombay Store SWOT
    1. 14.1 The Bombay Store Strengths
    2. 14.2 The Bombay Store Shortcomings
    3. 14.3 The Bombay Store Opportunities
    4. 14.4 The Bombay Store Government Threats
  15. 15 The Bombay Store Rating
  16. 16 The Bombay Store Detail Info

The Bombay Store Essentials

Discover and get complete analysis on The Bombay Store management - Business Model, Financials, Growth, Valuations, Funding Rounds and The Bombay Store Latest News.

ISIN

INE595B01027

Face Value

₹2.00

Total Share

49,40,000

Total Income

₹17.76 Cr

Profit After Tax

-₹12.67 Cr

EPS

-₹25.64

P/E

-16.77

P/B

-54.74

Market Capitalisation

₹212.42 Cr

Enterprise Value

₹248.83 Cr

Book Value

-₹7.86

Intrinsic Value

₹494.00

Earnings Yield

-5.96 %

Sector

Consumer Discretionary

Sub-sector

Retail Department Stores

Category

Delisted

Cashflow - Operations

-₹10.37 Cr

Cashflow - Financing

₹10.90 Cr

The Bombay Store Growth

Compounded Sales Growth

  • -67.51%

    1 Year

  • -13.58%

    5 Year

  • -4.30%

    9 Year

Pro Only

Compounded Profit Growth

  • -15488.80%

    1 Year

  • -16.23%

    5 Year

  • -23.75%

    9 Year

Pro Only

Return On Equity

  • 326.43%

    2021

  • 58.94%

    2017

  • -27.05%

    2013

Pro Only

About The Bombay Store

  • Bombay Swadeshi Stores  (Bombay Store) is a lifestyle store based in Mumbai, India. The company provides a wide range of antiques, bedroom furniture, home design items, dinnerware, and fashion accessories. The firm provides services such as online ordering, delivery, and returns. It has outlets in India's cities of Mumbai, Pune, and Bangalore.
  • With origins stretching back to India's liberation fight, the firm has a distinct tradition as one of the oldest and most popular lifestyle destinations.
  • The original shop was created by some of India's finest patriots and commercial leaders, including Lokmanya Tilak and Ratanji Jamsetji Tata, with the goal of promoting Indian-made items during the Swadeshi movement. Dadabhai Naoroji launched the first shop in 1906.
  • The company is headquartered in Mumbai, Maharashtra, India.

  • The Bombay Store IPO Details

  • In 2015, the firm was delisted from the BSE. The last time it was traded, it was for Rs.129.
  • Currently, the company has no plans to relist.

  • The Bombay Store Merger & Acquisition

Acquisition

  • On April 24, 2015, Madhu Chandak, Manjri Chandak, and Jyoti Varun Kabra signed a share purchase agreement with the board of directors to buy a 66.78% ownership in Bombay Swadeshi Stores Ltd. for roughly INR 420 Mn. in cash. The purchasers paid INR 126 per share for 3.29 Mn. shares. Madhu Chandak boosted her interest in the company from 11.81% to 26.20% as a consequence of the deal, while Manjri Chandak and Jyoti Varun Kabra both received a 26.20% stake.
  • On September 28, 2015,Madhu Chandak, Manjri Chandak, and Jyoti Varun Kabra closed a bid to acquire an additional 20.88% share in Bombay Swadeshi Stores Ltd. The purchasers offered to buy 1.03 Mn shares at INR 126 per share as an exit price. The offer is subject to due diligence and approval by Bombay Swadeshi Stores' Board of Directors.
  • The Bombay Store Subsidiaries

Subsidiary Company:

  • Bombay Store Retail Company Limited

Associate Company:

  • Out Of India Retail Pvt Ltd

The Bombay Store Business Model

  • The company is engaged in the retail of household products, gifts, artefacts, and other consumable products in India. The company offers home décor and pashmina’s products, souvenirs, and fashion accessories through its stores. It also provides its products online
  • The Bombay Store Revenue Segmentation

  • Revenue generated from sale of Merchandise
  • Other Income
  • The Bombay Store Product & Services

Products:

  • Artefact
  • Home Décor
  • Wellness
  • Fashion Accessories
  • The Bombay Store Assets

Assets as on 31 March 2021:

AssetsAmount in Cr.
Leasehold BuildingRs.0.25
FurnitureRs.2.30
ComputersRs.0.12
Office Equipment'sRs.0.39
Motor CarRs.0.11
SoftwareRs.0.12
  • The Bombay Store Industry Overview

Industry Statistics

Retailing Industry:

  • Retail refers to the market that encompasses all operations including a company's direct sale of goods or services to consumers, which are often acquired for personal or family use.
  • Due to the introduction of multiple new businesses, the Indian retail industry, according to IBEF, has become one of the most dynamic and fast-paced industries. It generates more than 10% of the country's GDP and employs about 8% of the workforce. In the retail industry, India is the world's fifth-largest market.
  • Despite a second wave of COVID-19 hitting the country in the first half of FY21, retailing recorded significant growth as the Indian economy rebounded. In FY21, overall retailing will expand by double digits, compared to a minor dip in FY20. During the second wave of COVID-19, more positive consumer attitude, greater discretionary expenditure, and fewer limitations aided recovery. Consumer appliances, cosmetics and personal care, and home care industries, which were badly hit by strict lockdowns and reduced demand in FY20, rebounded in FY21, boosting retail sales.

 Retail sales Channels:

Offline Retail Market 

  •  An offline retail market is one in which a vendor sells things in person through a storefront location. They usually allow customers to try on things before purchasing them, and they may also provide professional fitting services.
  • According to Financial Express report by Rajat Wahi, (Partner at Deloitte India) - total retail sales in India range from $850 to $900 billion, with offline retail (General and Trade and Modern Trade) accounting for 95 to 96% – General/Traditional Trade accounting for 80-83%, and Modern Trade accounting for 12-15% today, with ecommerce/online retail accounting for the rest and Direct Selling accounting for a small portion. During the lockdowns.
  • In FY22, offline retail revenue in India is predicted to rise by Rs 10,000-12,000 Cr. (US$ 1.39-2.77 Bn.). By the end of FY22, India's direct selling business will be worth $2.14 Bn.

Online Retail Market:

  • The sale of goods and services through the internet is known as electronic retailing (E-tailing). Business-to-business (B2B) and business-to-consumer (B2C) sales of products and services are examples of e-tailing.
  • The United Nations Conference on Trade and Development's FY19 Business-to-Consumer (B2C) E-commerce Index rated India 73rd. India is the world's fifth-largest retail destination, ranking 63 in the World Bank's Doing Business FY20 report.
  • India has the world's third-largest e-commerce market (only behind China, the US). By FY30, new-generation logistics companies are estimated to deliver 2.5 Bn. Direct-to-Consumer (D2C) packages. In the next ten years, online used automobile transaction penetration is predicted to increase by 9x. Despite the epidemic, Amazon, Flipkart, and other vertical players sold $9 Bn. worth of items during the festival season in FY20.

Growth Drivers:

  • The retail industry's primary growth drivers are an increase in digital payment methods, a hybrid retail model, and heavy investment.

Major Players:

  • Reliance retail limited, Aditya Birla Fashion & Retail Limited, Shoppers Stop etc others are the key players of the retail industry.

Online Gifting Industry:

  • There are three types of gifting categories in the internet gifting industry: festive, corporate, and personal. According to Technopak, the Indian corporate and personal gifting markets are worth a total of Rs. 250,000 Cr. Corporate giving owns Rs 12,000 Cr and is expected to expand at a pace of over 200% every year.
  • According to a research by TechSci Research the online gifting business in India is expected to increase from $119 Mn. in FY19 to $159 Mn. by FY25,increasing at a CAGR of 6% each year.

Market Drivers of Online Gifting Industry 

  • Use of Artificial Intelligence (AI) and Data Analytics: By allowing users to fill in information about the gift recipient, occasion, relationship between the receiver and present-giver, and budget, online gifting platforms are providing customers with a seamless experience of gift choosing. The programme narrows the product possibilities and homes down on the best gifting alternatives using a machine learning algorithm. It also allows the organization to learn more about current giving preferences and stock more of these items.
  • The last-minute surprises: Its capacity to deliver delectable cakes, flowers, chocolate boxes, and personalized presents late at night or after midnight is a key component in its expansion. The date and time of the event may now be customized by anyone. Same-day delivery is now available on several online giving sites.
  • Personalization: Users are drawn to online gifting by the option to personalize presents at the press of a button. T-shirts, coffee mugs, photo frames, and flower selection for a bouquet may all be created depending on personal preferences and needs. As a result, the sector becomes increasingly consumer-focused.

Major Players of Online Gifting :

  • Some of the major players operating the India gifting market are Archies, Ferns & Petals, Mini So, Beccos, Uniqlo and others.

Peers:

  • In the furniture area, Pepperfry, Hometown, and Homecentre are competitors, while in the handicraft division, The Indiacraft House, Karu, and others are competitors.

Future Prospects

Outlook:
  • In the country, e-commerce is steadily growing. Customers have an ever-increasing variety of things to choose from at reasonable prices. E-commerce is causing the most significant change in the retail business, and this trend is expected to continue in the next years. Retailers should take advantage of digital retail channels (E-commerce) to save money on real estate while reaching out to more customers in tier II and tier III cities as a result of the country's growing number of online shoppers Digital wallets (40%) were the most popular online payment option in FY20, followed by credit cards (15%) and debit cards (15%). By FY24, online retail penetration is predicted to reach 10.7%, up from 4.7% in FY19.
  • As per Kearney Research, India’s retail industry is projected to grow at a slower pace of 9% over FY19-FY30, from US$ 779Bn in FY19 to US$ 1,407Bn by FY26 and more than US$ 1.8Tn by FY30.

Government Initiatives

Regulatory Body:

  • Retailers Association of India: The Retailers Association of India (RAI) is India's unified retail voice. RAI is a non-profit organisation that collaborates with all stakeholders to provide the ideal climate for India's contemporary retail business to thrive. It helps shops modernise and adopt best practises that delight customers by encouraging, developing, facilitating, and supporting them.
  • The Franchising Association of India:  FAI is an association of Franchisors, Franchisees and all related interests. Formed in the year 2001 as a not-for-profit, it is the only professionally managed and internationally recognized industry body with the sole purpose of representing the voice of the Franchise Industry in India.

Government Initiative:

  • The government of India has approved 100 % FDI in online retail of products and services via the automated method, bringing clarity to the operations of E-commerce enterprises in India.
  • The Andhra Pradesh government unveiled its retail parks policy for the years 2021 to 2026 in July 2021, with a target retail investment of Rs. 5,000 Cr. (US$ 674.89 million) over the following five years.
  • Retail and wholesale trades will henceforth be classified as MSMEs, according to the Minister of MSME. Under RBI standards, retail and wholesale trade will now be eligible for priority sector loans.

The Bombay Store Strengths

  • The company has been in operation for 106 years and has established a reputation in India.

The Bombay Store Shortcomings

  • Over the period of 106 years, the company has exhibited only modest growth. The company's profits are far too low.

The Bombay Store Opportunities

  • In the country, e-commerce is steadily growing. Customers have an ever-increasing variety of things to choose from at reasonable prices. E-commerce is likely to be the most significant change in the retail business. Its important for the company to invest in technology.

The Bombay Store Threats

  • There is intense competition from top brands like Pepperfry, Urban Ladder, Hometown etc.
The Bombay Store Rating

  • RECOMMENDATION

    Sell

  • The Bombay Store Detail Info

Industry Statistics

PUBLIC LIMITED

Registered In

India

last Updated

26/04/2022

Registered Date

11/12/1905

Planify Ticker

Bombay Store

Reg Office: Western India House, Sir P. M. Road, Fort, Mumbai - 400 001

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