This document provides details on deal multiples for select e-commerce companies in India, including BookMyShow, DealsAndYou, FirstCry, Flipkart, Matrimony, Myntra, Naaptol, Snapdeal, Sulekha and Via. It includes information on investors, dates of investments, amounts invested, pre-money valuations, enterprise values, revenues, EBITDA, PAT, EV/Sales multiples, EV/EBITDA multiples and PE multiples for the years listed. The document also provides brief profiles for each of these e-commerce companies.
The document provides several stock recommendations and analyses:
- It recommends buying RTNPOWER near Rs. 8.65, with price targets of Rs. 9.05 and Rs. 9.35, as the stock is rising in an impulse pattern and stochastic is supporting further gains.
- It recommends buying POLARIS near Rs. 207, as the stock has confirmed a wave 4 low and is expected to resume its impulse move, with price targets of Rs. 217.50 and Rs. 223.
- It recommends buying PRESTIGE near Rs. 249, as the stock has confirmed the low of a corrective wave 2 and is expected to rise in wave 3 of a major trend to price targets of Rs
The reports contents are as under –
1. Overview
Typically, deal multiples are not available easily for analysis. Information is usually obtained through informal sources. To address these issues, we have calculated deal multiples based on company filings and our research.
2. Company wise details:
- Player profile: Overview of the investee company, Geographic spread
- Shareholding Pattern: Instrument, Break up of instrument, Percentage holding
- Historical Financials: Profit & Loss Account, Balance Sheet, Key Ratios
- Valuations: Investor, Instruments used, Amount Invested, Percentage stake acquired
- Deal Multiples: EV/Sales, EV/EBITDA, P/E
3. List of companies in Part 1
ASG Eye Hospital Forus
Axiss Dental International Oncology
Centre for Sight NationWide Primary Healthcare
DaVita NephroLife NephroPlus
Diwan Chand Xcyton
4. List of companies in Part 2
Beams Hospitals Nova Medical
Enhance Aesthetic Nueclear Healthcare
Eye – Q R.G. Stone
Healthspring Suburban Diagnostics
Mewar Hospital The family doctor
My dentist
The market opportunity for Beverages as derived in this report extends to urban and rural consumers from Tier 1, Tier 2 and Tier 3 cities. The total market size for Beverages is ~ Rs xxx Mn in the urban and ~ Rs xxx Mn in the rural conglomerations across Tier 1, Tier 2 and Tier 3 cities of India. Group of 8 Tier 1 cities leads the pack with market size of ~ Rs xxx Mn followed by Tier 2 and Tier 3 cities at ~ Rs xxx Mn and ~ Rs xx Mn respectively. In the Tier 1 cities, xx and xxx are the leading markets for beverages having xx% of total market of Tier 1 cities. In Tier 2 cities, (Total 41 cities) xx has the maximum market size of ~ Rs xx Mn, followed by xx and xx at ~ Rs xx Mn and ~ Rs xx Mn respectively. Tier 3 conglomeration contributes xx towards total urban and rural Beverages to the tune of ~ Rs xx
The market opportunity for packaged processed food as derived in this report extends to urban and rural consumers from Tier 1, Tier 2 and Tier 3 cities. The total market size for packaged processed food is ~ Rs xxx Mn in the urban and ~ Rs xxx Mn in the rural conglomerations across Tier 1, Tier 2 and Tier 3 cities of India. Group of 8 Tier 1 cities leads the pack with market size of ~ Rs xxx Mn followed by Tier 2 and Tier 3 cities at ~ Rs xxx Mn and ~ Rs xx Mn respectively. In the Tier 1 cities, xx and xxx are the leading markets for packaged processed food having xx% of total market of Tier 1 cities. In Tier 2 cities, (Total 41 cities) xx has the maximum market size of ~ Rs xx Mn, followed by xx and xx at ~ Rs xx Mn and ~ Rs xx Mn respectively. Tier 3 conglomeration contributes xx towards total urban and rural packaged processed food to the tune of ~ Rs xx
The market opportunity for Medical expenses as derived in this report extends to urban and rural consumers from Tier 1, Tier 2 and Tier 3 cities. The total market size for Medical expenses is ~ Rs xxx Mn in the urban and ~ Rs xxx Mn in the rural conglomerations across Tier 1, Tier 2 and Tier 3 cities of India. Group of 8 Tier 1 cities leads the pack with market size of ~ Rs xxx Mn followed by Tier 2 and Tier 3 cities at ~ Rs xxx Mn and ~ Rs xx Mn respectively. In the Tier 1 cities, xx and xxx are the leading markets for medical expenses having xx% of total market of Tier 1 cities. In Tier 2 cities, (Total 41 cities) xx has the maximum market size of ~ Rs xx Mn, followed by xx and xx at ~ Rs xx Mn and ~ Rs xx Mn respectively. Tier 3 conglomeration contributes xx towards total urban and rural Medical expenses to the tune of ~ Rs xx
The document provides an analysis of the Indian bakery products market, including bread, biscuits, and cake/pastry. It estimates that the total bread market was worth around Rs. xx billion in 2012 and is projected to grow to Rs. xx billion by 2019. The urban bread market accounts for about xx% currently and is expected to increase to xx% by 2019. Major urban and rural bread markets are found in states like xx, xx, and xx. The report also examines biscuits and cake/pastry market sizes and trends in India. It was prepared by Reevolv Advisory Services to provide information on market sizing and opportunities in the bakery sector.
The market opportunity for pulses as derived in this report extends to urban and rural consumers from Tier 1, Tier 2 and Tier 3 cities. The total market size for pulses is ~ Rs xxx Mn in the urban and ~ Rs xxx Mn in the rural conglomerations across Tier 1, Tier 2 and Tier 3 cities of India. Group of 8 Tier 1 cities leads the pack with market size of ~ Rs xxx Mn followed by Tier 2 and Tier 3 cities at ~ Rs xxx Mn and ~ Rs xx Mn respectively. In the Tier 1 cities, xx and xxx are the leading markets for pulses having xx% of total market of Tier 1 cities. In Tier 2 cities, (Total 41 cities) xx has the maximum market size of ~ Rs xx Mn, followed by xx and xx at ~ Rs xx Mn and ~ Rs xx Mn respectively. Tier 3 conglomeration contributes xx towards total urban and rural pulses to the tune of ~ Rs xx
The Indian footwear industry has grown significantly over the last decade from a basic need-based industry to a more fashion-focused industry. Some key points:
- The size of the Indian footwear market was around Rs. XX Bn in 2010 and is estimated to reach Rs. XX Bn by 2015, growing at a CAGR of XX%.
- The urban market is growing faster than the rural market and is estimated to reach Rs. XX Bn by 2015, up from Rs. XX Bn in 2010.
- Tier 1 cities account for over XX% of the footwear market in tiered cities. Mumbai has the largest footwear market among tier 1 cities at Rs. XX
The document provides several stock recommendations and analyses:
- It recommends buying RTNPOWER near Rs. 8.65, with price targets of Rs. 9.05 and Rs. 9.35, as the stock is rising in an impulse pattern and stochastic is supporting further gains.
- It recommends buying POLARIS near Rs. 207, as the stock has confirmed a wave 4 low and is expected to resume its impulse move, with price targets of Rs. 217.50 and Rs. 223.
- It recommends buying PRESTIGE near Rs. 249, as the stock has confirmed the low of a corrective wave 2 and is expected to rise in wave 3 of a major trend to price targets of Rs
The reports contents are as under –
1. Overview
Typically, deal multiples are not available easily for analysis. Information is usually obtained through informal sources. To address these issues, we have calculated deal multiples based on company filings and our research.
2. Company wise details:
- Player profile: Overview of the investee company, Geographic spread
- Shareholding Pattern: Instrument, Break up of instrument, Percentage holding
- Historical Financials: Profit & Loss Account, Balance Sheet, Key Ratios
- Valuations: Investor, Instruments used, Amount Invested, Percentage stake acquired
- Deal Multiples: EV/Sales, EV/EBITDA, P/E
3. List of companies in Part 1
ASG Eye Hospital Forus
Axiss Dental International Oncology
Centre for Sight NationWide Primary Healthcare
DaVita NephroLife NephroPlus
Diwan Chand Xcyton
4. List of companies in Part 2
Beams Hospitals Nova Medical
Enhance Aesthetic Nueclear Healthcare
Eye – Q R.G. Stone
Healthspring Suburban Diagnostics
Mewar Hospital The family doctor
My dentist
The market opportunity for Beverages as derived in this report extends to urban and rural consumers from Tier 1, Tier 2 and Tier 3 cities. The total market size for Beverages is ~ Rs xxx Mn in the urban and ~ Rs xxx Mn in the rural conglomerations across Tier 1, Tier 2 and Tier 3 cities of India. Group of 8 Tier 1 cities leads the pack with market size of ~ Rs xxx Mn followed by Tier 2 and Tier 3 cities at ~ Rs xxx Mn and ~ Rs xx Mn respectively. In the Tier 1 cities, xx and xxx are the leading markets for beverages having xx% of total market of Tier 1 cities. In Tier 2 cities, (Total 41 cities) xx has the maximum market size of ~ Rs xx Mn, followed by xx and xx at ~ Rs xx Mn and ~ Rs xx Mn respectively. Tier 3 conglomeration contributes xx towards total urban and rural Beverages to the tune of ~ Rs xx
The market opportunity for packaged processed food as derived in this report extends to urban and rural consumers from Tier 1, Tier 2 and Tier 3 cities. The total market size for packaged processed food is ~ Rs xxx Mn in the urban and ~ Rs xxx Mn in the rural conglomerations across Tier 1, Tier 2 and Tier 3 cities of India. Group of 8 Tier 1 cities leads the pack with market size of ~ Rs xxx Mn followed by Tier 2 and Tier 3 cities at ~ Rs xxx Mn and ~ Rs xx Mn respectively. In the Tier 1 cities, xx and xxx are the leading markets for packaged processed food having xx% of total market of Tier 1 cities. In Tier 2 cities, (Total 41 cities) xx has the maximum market size of ~ Rs xx Mn, followed by xx and xx at ~ Rs xx Mn and ~ Rs xx Mn respectively. Tier 3 conglomeration contributes xx towards total urban and rural packaged processed food to the tune of ~ Rs xx
The market opportunity for Medical expenses as derived in this report extends to urban and rural consumers from Tier 1, Tier 2 and Tier 3 cities. The total market size for Medical expenses is ~ Rs xxx Mn in the urban and ~ Rs xxx Mn in the rural conglomerations across Tier 1, Tier 2 and Tier 3 cities of India. Group of 8 Tier 1 cities leads the pack with market size of ~ Rs xxx Mn followed by Tier 2 and Tier 3 cities at ~ Rs xxx Mn and ~ Rs xx Mn respectively. In the Tier 1 cities, xx and xxx are the leading markets for medical expenses having xx% of total market of Tier 1 cities. In Tier 2 cities, (Total 41 cities) xx has the maximum market size of ~ Rs xx Mn, followed by xx and xx at ~ Rs xx Mn and ~ Rs xx Mn respectively. Tier 3 conglomeration contributes xx towards total urban and rural Medical expenses to the tune of ~ Rs xx
The document provides an analysis of the Indian bakery products market, including bread, biscuits, and cake/pastry. It estimates that the total bread market was worth around Rs. xx billion in 2012 and is projected to grow to Rs. xx billion by 2019. The urban bread market accounts for about xx% currently and is expected to increase to xx% by 2019. Major urban and rural bread markets are found in states like xx, xx, and xx. The report also examines biscuits and cake/pastry market sizes and trends in India. It was prepared by Reevolv Advisory Services to provide information on market sizing and opportunities in the bakery sector.
The market opportunity for pulses as derived in this report extends to urban and rural consumers from Tier 1, Tier 2 and Tier 3 cities. The total market size for pulses is ~ Rs xxx Mn in the urban and ~ Rs xxx Mn in the rural conglomerations across Tier 1, Tier 2 and Tier 3 cities of India. Group of 8 Tier 1 cities leads the pack with market size of ~ Rs xxx Mn followed by Tier 2 and Tier 3 cities at ~ Rs xxx Mn and ~ Rs xx Mn respectively. In the Tier 1 cities, xx and xxx are the leading markets for pulses having xx% of total market of Tier 1 cities. In Tier 2 cities, (Total 41 cities) xx has the maximum market size of ~ Rs xx Mn, followed by xx and xx at ~ Rs xx Mn and ~ Rs xx Mn respectively. Tier 3 conglomeration contributes xx towards total urban and rural pulses to the tune of ~ Rs xx
The Indian footwear industry has grown significantly over the last decade from a basic need-based industry to a more fashion-focused industry. Some key points:
- The size of the Indian footwear market was around Rs. XX Bn in 2010 and is estimated to reach Rs. XX Bn by 2015, growing at a CAGR of XX%.
- The urban market is growing faster than the rural market and is estimated to reach Rs. XX Bn by 2015, up from Rs. XX Bn in 2010.
- Tier 1 cities account for over XX% of the footwear market in tiered cities. Mumbai has the largest footwear market among tier 1 cities at Rs. XX
In India, around XXXXX patients are on dialysis as per the survey done by the Indian Society of Nephrology in XXXX. Based on the incidence rate of ESRD, the number of patients who need dialysis stands at XXX Mn. However, only XX% of this group actually undergoes dialysis which amounts to XXX Mn patients. The lower percentage can be attributed to lack of availability of medical practitioners, low presence of healthcare services and most importantly lower awareness about CKD. In addition, the high cost of dialysis is also a deterrent in most of the cases.
The market opportunity for spices as derived in this report extends to urban and rural consumers from Tier 1, Tier 2 and Tier 3 cities. The total market size for spices is ~ Rs xxx Mn in the urban and ~ Rs xxx Mn in the rural conglomerations across Tier 1, Tier 2 and Tier 3 cities of India. Group of 8 Tier 1 cities leads the pack with market size of ~ Rs xxx Mn followed by Tier 2 and Tier 3 cities at ~ Rs xxx Mn and ~ Rs xx Mn respectively. In the Tier 1 cities, xx and xxx are the leading markets for spices having xx% of total market of Tier 1 cities. In Tier 2 cities, (Total 41 cities) xx has the maximum market size of ~ Rs xx Mn, followed by xx and xx at ~ Rs xx Mn and ~ Rs xx Mn respectively. Tier 3 conglomeration contributes xx towards total urban and rural spices to the tune of ~ Rs xx
Reevolv Research is a research initiative, with an objective to cover sun rise sectors. By and large the sunrise sectors
constitute various consumer products and services that are often fragmented, unorganized and localized in nature. We
believe that there are various avenues for investment and growth. However the availability of quality information or the data
points is a challenge.
Reevolv Research through its proprietary research reports bridges these gaps, by covering specific sectors within broader
consumer space. The research reports typically covers market sizing, industry dynamics, key challenges, critical success
factors, player profiles with financials, private equity deals and valuations.
Key Questions
How frequently does a customer visit and how much does he spend?
Spending per month and increase over last one year?
What kind of salon he/she prefers for hair services (hair cut, straightening etc.)?
What kind of salon he/ she prefers for skin services (bleach, waxing etc.)?
Services availed in last one year
Preference to Only Male/ Only Female Salons
Does he/ she take an appointment to visit a salon?
Does he/ she ask for a specific stylist?
How does he/ she select a salon?
Parameters one likes about their current salon
Parameters one dislikes about their current salon
What they like/ dislike about their current salon?
How does he/ she get to know about a new salon in your area?
What kind of promotion does he/ she likes?
Has he/ she used Home Salon? If yes for what services?
Customer stickiness is high in salon business. This is clear from the fact that in case an appointment is not available customers wait for the next available slot rather than visiting another salon
Preference to only male/ only female is no longer the case in tier 1 cities
Distance is critical for hair services to men and for skin services to females. However males are ready to travel for skin services and females for hair services
Females do take an appointment before visiting a salon whereas lower percentage of males as comparison to females do not take an appointment to visit a salon
Though a majority of customers ask for specific stylist but lower percentage wait for them in case the slot is not available. Also the selection of the salon is not based on stylist. It is cleanliness & hygiene, brand of products (females) , price (males) as well as brand of salon which is critical
Overall males prefer discount to members/ loyalty cards whereas females prefer more of combo packages
Location is extremely critical for a salon as majority of the customers come to know about a new salon when it is on their way to market/ office/ station etc.. This is followed by newspaper inserts and recommendation
Home salon has been used by almost 30% with inconvenience at home being a major issue with home salon
This document provides an industry report on the Indian eyewear retail industry. It includes an executive summary that estimates the current (2011) and future (2015) market size. It also discusses key growth drivers and success factors. The report then covers business dynamics like products, business models, unit economics, consumer insights, and Porter's five forces analysis. It also includes primary interviews with industry players and consumer surveys. Finally, it lists the key players and their store counts across various Indian cities and tiers.
This document summarizes the Indian salon industry. It reports that the industry has grown significantly due to rising incomes and consumers' increased focus on beauty and personal care. Major salon chains like Jawed Habib and Lakmé have expanded across India, while international players have also entered the market. The current market size is estimated at Rs. XXX billion and is expected to reach Rs. XXX billion by 2015, growing at around 20% annually. The document provides an overview of the industry's structure, geographic markets, major players, and investment activity. It concludes with profiles of leading salon companies and their financial information.
Astral Poly Technik Ltd.'s recent acquisition of Rex Polyextrusion Pvt. Ltd. will provide a strong foothold in the infrastructure and construction industry. The author recommends a long position, expecting a 37.2% return over the next 6-12 months. Astral has a history of strong returns for shareholders since going public in 2007, outperforming benchmarks, and its acquisition will support further growth in infrastructure and construction markets.
Astral Poly Technik Ltd.'s recent acquisition of Rex Polyextrusion Pvt. Ltd. will provide a strong foothold in the infrastructure and construction industry. The author recommends a long position, with an expected return of 37.2% over the next 6-12 months. Astral Poly has generated strong returns for shareholders over the past decade through aggressive expansion of its capacity, distribution networks, and market dominance in plumbing pipes made of materials like CPVC that replace traditional galvanized iron pipes.
English Version: Japan FSA New Crypto Currency Exchange Registration Form🌍 Norbert Gehrke
This document appears to be a questionnaire from a virtual currency exchange company regarding registration for their virtual currency exchange business. It contains questions in several sections, including basic information about the company and organization, business model, risks associated with handling virtual currency, system development processes, and other administrative details. The company is seeking detailed responses and supporting documentation for each question regarding its operations, policies, processes, and compliance with relevant laws and regulations for operating a virtual currency exchange.
The document summarizes trends in the venture capital market in Q1 2013. It finds that while IPO activity can vary significantly from quarter to quarter, the longer term trend since 2010 has been a steady recovery. Similarly, while M&A deals declined in recent quarters, the 10-quarter average continues trending up. Additionally, the number of new venture capital funds being financed has leveled off in recent years after declining dramatically from its dot-com peak, and the balance of capital invested versus returns has tipped back in favor of investors after 2011.
ABC Co is a successful manufacturing firm that has shown positive and strong organic growth over the years. The company has major advantages of a strong brand value and multiple marketing channels to reach customers. An equity research report by Your Company Name analyzes ABC Co and provides an overview of the company's financial performance, ratio analysis, and financial modeling to aid investment decisions.
Management Buyout MBO As Exit Option Powerpoint Presentation SlidesSlideTeam
Explain the benefits of management buyout as an exit strategy for both the buyer and seller by employing this business strategy PowerPoint Presentation Slides. Showcase your company’s background, vision, and mission along with the financial highlights through these company acquisition PPT templates. Exhibit the entire organizational structure, including the top management and team members, via this corporate finance transaction PPT slideshow. Create a roadmap displaying the milestones achieved and expected to attain by taking the aid of this business buyout PPT presentation. Illustrate the ownership pattern of shareholders using these leveraged buyout PPT layouts. You can utilize these invigorating PPT designs to display the current value of the company. Build confidence of the potential buyer by highlighting your balance sheet and cash flow projections with the help of these asset acquisition PowerPoint slides. Click the download button and put forward your objectives and aims in a well-organized format with this organizational revival PowerPoint deck. Distinctive additional slides provided at the end offer you the opportunity to create a winning presentation. https://bit.ly/3maMJo2
Tracxn Research - Robo Advisors Report, June 2017Tracxn
The document provides an overview of the robo advisor sector including key metrics like the number of companies founded each year, total funding amounts, average funding rounds, and subsectors. It also lists some of the most notable funding rounds in the sector from the past year with details on the companies, amounts, and investors. The report scope includes global developments in robo advisors up until May 15, 2017.
The document provides an overview of the matchmaking sector, including investment trends, key markets, notable companies, and recent news. It notes that the sector has received $665 million in funding. The dating subsector makes up the majority of companies and funding. Notable companies include Match Group, Matrimony.com, and eHarmony. There have been several acquisitions like POF and PARSHIP.de in recent years.
Module 02Required Complete the purple areas of the chart, and the.docxaudeleypearl
Module 02Required: Complete the purple areas of the chart, and the questions in the text boxes below.List the years in order of most recent as year 1, next most recent as year 2, etc. Example: If the most recent fiscal year was 2015, then replace Year 1 with 2015, replace Year 2 with 2014, and replace Year 3 with 2013.In the References box, include an APA reference for all information retrieved, whether from the Tootsie Roll websiteitself, specific forms (i.e. 10k) from the Tootsie Roll website, or other outside sources.Instructions for citing a 10k or Annual Report: http://rasmussen.libanswers.com/faq/32821 For general APA help, visit the APA Guide: http://guides.rasmussen.edu/apaTootsie Roll Industries Inc.Income Statement201520142013Total Revenue540,112543,525543,383Product Cost of Goods Sold340,090340,933350,960Rental and Royalty Cost889947937Total Gross Margin199,133201,645191,486Selling, Marketing and Administrative Expenses108,051117,722119,133Earnings from Operations91,08283,92372,353Income Taxes26,45128,43423,634Net Earnings66,12762,86060,849
Question 1: What is Tootsie Roll's Gross Profit Margin? (Hint: Divide Total Gross Margin by Total Revenue). What does this figure represent?
Gross profit margin= 36.632%
It shows the rate at which money is generated from sales after substracting cost of goods sold
Question 2:What is Tootsie Roll's Profit Margin? (Hint: Profit margin is calculated by dividing Net Earnings by Total Sales). What does this figure represent?
profit margin=12.32%
Is shows the rate at which net profits are generated from sales in a company
Question 3: What are Tootsie Roll's earnings per share in the three years presented? (Hint: Check the income statement after Net Earnings for this information.)
2013= 0.93
2014= 0.99
2015= 1.04
Question 4: According to note 1 in the Notes to the Consolidated Financial Statements, how does Tootsie Roll Industries, Inc. recognize revenue?
manufacture and sales of candy product
Question 5: Has Net Product Sales shown an increasing or decreasing trend over the past three years? Interpret this trend. Should this be a concern for the company? Why or why not?
The net trend has decreased over the past three years. There is a concern for the future of this company due to its trend. This might be due to increased competition in the industry or entry of new firms into the market.
Question 6: Has the Net Earnings shown an increasing or decreasing trend over the past three years? Interpret this trend. Should this be a concern for the company? Why or why not?
Net earnings has increased for the past three years. The reason being the company might have decrease the aftersales services, expenses and the suppliers might have decreased the prices of their products making the cost of goods sold.
Question 7: Compare the Net Product Sales trend and the Net Earnings trend. Are these two items trending the same? Interpret any differences and infer what those may mean in relation to the company.
The document provides details on a stock analysis project for Apple Inc. It includes four required parts:
1) Information from Apple's 10-K filing such as date, location, and stock exchange listings.
2) Computations of percentage changes in financial statement items from 2015 to 2016 such as total assets, liabilities, revenues, and expenses.
3) Answers to questions about Apple's business, stores, products, accounting methods, cash flows, margins, and legal issues based on its annual report.
4) A recommendation on whether to invest in Apple stock based on 3-year trend analyses of financial ratios, stock price, earnings per share, and P/E ratio from Apple's annual
Succession planning webinar series (april 2013) (3)epricedesigns
The document summarizes a presentation on succession planning for businesses. It discusses selecting a succession plan, the building blocks of a plan including organizational structure and compensation, and getting the next generation perspective. It also addresses common questions around succession, using tranches or phases to transition ownership over 5-7 years, and how most business sales are internal or to employees. The goals of a succession plan are growth and stability, continuity planning, and income perpetuation for owners.
The document provides an annual factsheet on the Indian tech sector in 2019. Some key highlights include:
- Total funding raised by Indian startups reached $14.5 billion in 2019, with 1185 funding rounds.
- Top funded startups included OYO Rooms, Paytm, Udaan, Delhivery and Ola.
- Emerging sectors attracting funding included hotel aggregators, e-commerce logistics and online B2B marketplaces.
- Top investors were Sequoia Capital India, Accel India, Matrix India and Lightspeed Venture Partners.
- Majority of startups were founded in Delhi NCR, Bangalore and Mumbai, which also attracted most funding.
This document summarizes Scott Maxwell's perspectives on growth equity investing in 2015. It discusses how growth equity firms create value through focus, access to deals, deal selection, and company building activities. It notes the changing investment environment with high valuations, more capital, and larger fund sizes, which is concerning to Maxwell. He is also keeping an eye on disruptive changes in cloud, mobile, social, intelligence and their impact on portfolio companies.
We at Alps Venture Partners are constantly contributing towards research in Mergers & Acquisitions across geographies.
This is first in series of 2020-21 M&A Tearsheet which provides detail on the Transaction Multiples (Revenue & EBITDA), Multiples Chart, Active Buyers, Country based multiples & other transaction data observed in South East Asia.
This document summarizes the financial projections and business plan for A La Carte Charts LLC, a proposed social network for investors. It projects rapid revenue growth from $4.3 million in year 1 to $17.9 million in year 5. It also projects strong profit margins, with net profit projected to reach $7.7 million in year 5. The document outlines the company's mission to provide investors with educational resources and an up-to-date social platform. It analyzes the market opportunity among self-directed investors and compares the company's projected valuation to similar platforms.
The document provides guidelines for listed entities in India on preparing and submitting an annual Business Responsibility Report (BRR).
It specifies the format and content for the BRR, which must describe the entity's environmental, social and governance initiatives. The format includes sections on general company information, financial details, other details, principles-based performance, and governance.
The guidelines aim to promote responsible business practices by companies for stakeholders. Listed entities must submit a BRR annually as part of their mandatory disclosures. Those already submitting sustainability reports can furnish those instead of a separate BRR.
In India, around XXXXX patients are on dialysis as per the survey done by the Indian Society of Nephrology in XXXX. Based on the incidence rate of ESRD, the number of patients who need dialysis stands at XXX Mn. However, only XX% of this group actually undergoes dialysis which amounts to XXX Mn patients. The lower percentage can be attributed to lack of availability of medical practitioners, low presence of healthcare services and most importantly lower awareness about CKD. In addition, the high cost of dialysis is also a deterrent in most of the cases.
The market opportunity for spices as derived in this report extends to urban and rural consumers from Tier 1, Tier 2 and Tier 3 cities. The total market size for spices is ~ Rs xxx Mn in the urban and ~ Rs xxx Mn in the rural conglomerations across Tier 1, Tier 2 and Tier 3 cities of India. Group of 8 Tier 1 cities leads the pack with market size of ~ Rs xxx Mn followed by Tier 2 and Tier 3 cities at ~ Rs xxx Mn and ~ Rs xx Mn respectively. In the Tier 1 cities, xx and xxx are the leading markets for spices having xx% of total market of Tier 1 cities. In Tier 2 cities, (Total 41 cities) xx has the maximum market size of ~ Rs xx Mn, followed by xx and xx at ~ Rs xx Mn and ~ Rs xx Mn respectively. Tier 3 conglomeration contributes xx towards total urban and rural spices to the tune of ~ Rs xx
Reevolv Research is a research initiative, with an objective to cover sun rise sectors. By and large the sunrise sectors
constitute various consumer products and services that are often fragmented, unorganized and localized in nature. We
believe that there are various avenues for investment and growth. However the availability of quality information or the data
points is a challenge.
Reevolv Research through its proprietary research reports bridges these gaps, by covering specific sectors within broader
consumer space. The research reports typically covers market sizing, industry dynamics, key challenges, critical success
factors, player profiles with financials, private equity deals and valuations.
Key Questions
How frequently does a customer visit and how much does he spend?
Spending per month and increase over last one year?
What kind of salon he/she prefers for hair services (hair cut, straightening etc.)?
What kind of salon he/ she prefers for skin services (bleach, waxing etc.)?
Services availed in last one year
Preference to Only Male/ Only Female Salons
Does he/ she take an appointment to visit a salon?
Does he/ she ask for a specific stylist?
How does he/ she select a salon?
Parameters one likes about their current salon
Parameters one dislikes about their current salon
What they like/ dislike about their current salon?
How does he/ she get to know about a new salon in your area?
What kind of promotion does he/ she likes?
Has he/ she used Home Salon? If yes for what services?
Customer stickiness is high in salon business. This is clear from the fact that in case an appointment is not available customers wait for the next available slot rather than visiting another salon
Preference to only male/ only female is no longer the case in tier 1 cities
Distance is critical for hair services to men and for skin services to females. However males are ready to travel for skin services and females for hair services
Females do take an appointment before visiting a salon whereas lower percentage of males as comparison to females do not take an appointment to visit a salon
Though a majority of customers ask for specific stylist but lower percentage wait for them in case the slot is not available. Also the selection of the salon is not based on stylist. It is cleanliness & hygiene, brand of products (females) , price (males) as well as brand of salon which is critical
Overall males prefer discount to members/ loyalty cards whereas females prefer more of combo packages
Location is extremely critical for a salon as majority of the customers come to know about a new salon when it is on their way to market/ office/ station etc.. This is followed by newspaper inserts and recommendation
Home salon has been used by almost 30% with inconvenience at home being a major issue with home salon
This document provides an industry report on the Indian eyewear retail industry. It includes an executive summary that estimates the current (2011) and future (2015) market size. It also discusses key growth drivers and success factors. The report then covers business dynamics like products, business models, unit economics, consumer insights, and Porter's five forces analysis. It also includes primary interviews with industry players and consumer surveys. Finally, it lists the key players and their store counts across various Indian cities and tiers.
This document summarizes the Indian salon industry. It reports that the industry has grown significantly due to rising incomes and consumers' increased focus on beauty and personal care. Major salon chains like Jawed Habib and Lakmé have expanded across India, while international players have also entered the market. The current market size is estimated at Rs. XXX billion and is expected to reach Rs. XXX billion by 2015, growing at around 20% annually. The document provides an overview of the industry's structure, geographic markets, major players, and investment activity. It concludes with profiles of leading salon companies and their financial information.
Astral Poly Technik Ltd.'s recent acquisition of Rex Polyextrusion Pvt. Ltd. will provide a strong foothold in the infrastructure and construction industry. The author recommends a long position, expecting a 37.2% return over the next 6-12 months. Astral has a history of strong returns for shareholders since going public in 2007, outperforming benchmarks, and its acquisition will support further growth in infrastructure and construction markets.
Astral Poly Technik Ltd.'s recent acquisition of Rex Polyextrusion Pvt. Ltd. will provide a strong foothold in the infrastructure and construction industry. The author recommends a long position, with an expected return of 37.2% over the next 6-12 months. Astral Poly has generated strong returns for shareholders over the past decade through aggressive expansion of its capacity, distribution networks, and market dominance in plumbing pipes made of materials like CPVC that replace traditional galvanized iron pipes.
English Version: Japan FSA New Crypto Currency Exchange Registration Form🌍 Norbert Gehrke
This document appears to be a questionnaire from a virtual currency exchange company regarding registration for their virtual currency exchange business. It contains questions in several sections, including basic information about the company and organization, business model, risks associated with handling virtual currency, system development processes, and other administrative details. The company is seeking detailed responses and supporting documentation for each question regarding its operations, policies, processes, and compliance with relevant laws and regulations for operating a virtual currency exchange.
The document summarizes trends in the venture capital market in Q1 2013. It finds that while IPO activity can vary significantly from quarter to quarter, the longer term trend since 2010 has been a steady recovery. Similarly, while M&A deals declined in recent quarters, the 10-quarter average continues trending up. Additionally, the number of new venture capital funds being financed has leveled off in recent years after declining dramatically from its dot-com peak, and the balance of capital invested versus returns has tipped back in favor of investors after 2011.
ABC Co is a successful manufacturing firm that has shown positive and strong organic growth over the years. The company has major advantages of a strong brand value and multiple marketing channels to reach customers. An equity research report by Your Company Name analyzes ABC Co and provides an overview of the company's financial performance, ratio analysis, and financial modeling to aid investment decisions.
Management Buyout MBO As Exit Option Powerpoint Presentation SlidesSlideTeam
Explain the benefits of management buyout as an exit strategy for both the buyer and seller by employing this business strategy PowerPoint Presentation Slides. Showcase your company’s background, vision, and mission along with the financial highlights through these company acquisition PPT templates. Exhibit the entire organizational structure, including the top management and team members, via this corporate finance transaction PPT slideshow. Create a roadmap displaying the milestones achieved and expected to attain by taking the aid of this business buyout PPT presentation. Illustrate the ownership pattern of shareholders using these leveraged buyout PPT layouts. You can utilize these invigorating PPT designs to display the current value of the company. Build confidence of the potential buyer by highlighting your balance sheet and cash flow projections with the help of these asset acquisition PowerPoint slides. Click the download button and put forward your objectives and aims in a well-organized format with this organizational revival PowerPoint deck. Distinctive additional slides provided at the end offer you the opportunity to create a winning presentation. https://bit.ly/3maMJo2
Tracxn Research - Robo Advisors Report, June 2017Tracxn
The document provides an overview of the robo advisor sector including key metrics like the number of companies founded each year, total funding amounts, average funding rounds, and subsectors. It also lists some of the most notable funding rounds in the sector from the past year with details on the companies, amounts, and investors. The report scope includes global developments in robo advisors up until May 15, 2017.
The document provides an overview of the matchmaking sector, including investment trends, key markets, notable companies, and recent news. It notes that the sector has received $665 million in funding. The dating subsector makes up the majority of companies and funding. Notable companies include Match Group, Matrimony.com, and eHarmony. There have been several acquisitions like POF and PARSHIP.de in recent years.
Module 02Required Complete the purple areas of the chart, and the.docxaudeleypearl
Module 02Required: Complete the purple areas of the chart, and the questions in the text boxes below.List the years in order of most recent as year 1, next most recent as year 2, etc. Example: If the most recent fiscal year was 2015, then replace Year 1 with 2015, replace Year 2 with 2014, and replace Year 3 with 2013.In the References box, include an APA reference for all information retrieved, whether from the Tootsie Roll websiteitself, specific forms (i.e. 10k) from the Tootsie Roll website, or other outside sources.Instructions for citing a 10k or Annual Report: http://rasmussen.libanswers.com/faq/32821 For general APA help, visit the APA Guide: http://guides.rasmussen.edu/apaTootsie Roll Industries Inc.Income Statement201520142013Total Revenue540,112543,525543,383Product Cost of Goods Sold340,090340,933350,960Rental and Royalty Cost889947937Total Gross Margin199,133201,645191,486Selling, Marketing and Administrative Expenses108,051117,722119,133Earnings from Operations91,08283,92372,353Income Taxes26,45128,43423,634Net Earnings66,12762,86060,849
Question 1: What is Tootsie Roll's Gross Profit Margin? (Hint: Divide Total Gross Margin by Total Revenue). What does this figure represent?
Gross profit margin= 36.632%
It shows the rate at which money is generated from sales after substracting cost of goods sold
Question 2:What is Tootsie Roll's Profit Margin? (Hint: Profit margin is calculated by dividing Net Earnings by Total Sales). What does this figure represent?
profit margin=12.32%
Is shows the rate at which net profits are generated from sales in a company
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2013= 0.93
2014= 0.99
2015= 1.04
Question 4: According to note 1 in the Notes to the Consolidated Financial Statements, how does Tootsie Roll Industries, Inc. recognize revenue?
manufacture and sales of candy product
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The net trend has decreased over the past three years. There is a concern for the future of this company due to its trend. This might be due to increased competition in the industry or entry of new firms into the market.
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Net earnings has increased for the past three years. The reason being the company might have decrease the aftersales services, expenses and the suppliers might have decreased the prices of their products making the cost of goods sold.
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The document provides details on a stock analysis project for Apple Inc. It includes four required parts:
1) Information from Apple's 10-K filing such as date, location, and stock exchange listings.
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This document summarizes Scott Maxwell's perspectives on growth equity investing in 2015. It discusses how growth equity firms create value through focus, access to deals, deal selection, and company building activities. It notes the changing investment environment with high valuations, more capital, and larger fund sizes, which is concerning to Maxwell. He is also keeping an eye on disruptive changes in cloud, mobile, social, intelligence and their impact on portfolio companies.
We at Alps Venture Partners are constantly contributing towards research in Mergers & Acquisitions across geographies.
This is first in series of 2020-21 M&A Tearsheet which provides detail on the Transaction Multiples (Revenue & EBITDA), Multiples Chart, Active Buyers, Country based multiples & other transaction data observed in South East Asia.
This document summarizes the financial projections and business plan for A La Carte Charts LLC, a proposed social network for investors. It projects rapid revenue growth from $4.3 million in year 1 to $17.9 million in year 5. It also projects strong profit margins, with net profit projected to reach $7.7 million in year 5. The document outlines the company's mission to provide investors with educational resources and an up-to-date social platform. It analyzes the market opportunity among self-directed investors and compares the company's projected valuation to similar platforms.
The document provides guidelines for listed entities in India on preparing and submitting an annual Business Responsibility Report (BRR).
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We believe that there is XXXXXX in industry XXXXX growth.
Industry XXXXX is XXXXXX for players and hence they are XXXXX/ XXXX etc. With this XXXXXX are growing, however, the xxxxxx is XXXXXX than last year.
xxxxxx intensity is quite xxxxx amongst organised players. XXXXX players will have to xxxxxx the market share of xxxxxx in order to xxxxx themselves. This is xxxxx given the xxxxx xxxx connect the xxxxxxx have
XXXXXXX players are xxxxxx on reaching out xxxxxxxxxxxxx to customers and xxxxxxxx xxx/ xxx and xxxxxxx franchises. Franchises are xxxxxxxxxxx with the same
xxxx/ xxxxx inquiries are being handled by xxxxxxxx themselves rather than xxxxxxxxxx it with xxxxxxxxxx unless the company xxxxxxxxxx their own xxxxxxxxxxx
xxxxxxxxxx and xxxxxxxxxxxxx are xxxxxxxxxxx with Dr. Lal as they xxxxxxxx to xxxxxxxxx xxxxx to the xxxxxxxxx as well as xxxxxxxx agents xxxxxxxxxx who has xxxxxxxxxxx by them. Also, they have made it xxxxxxxxxxxx to get the xxxxxxxxxxxx of customers
Similarly, xxxxxxxxx is approaching xxxxxxxxxxxxx, xxxxxxxxxxx and xxxxxxxxxx introduced by xxxxxxxxxxx directly which is xxxxxxxxxxx the business of xxxxxxxx
Players have found it xxxxxxxxx to xxxxxxxxxx markets out of their strong xxxxxxxxxxxxxx.
The market in tier xxxxxxx cities have got xxxxxxxxxxxxxx with xxxxxxxxx facing the xxxxxxxx of xxxxxxxxxxxx as new xxxxxx are being xxxxxxxxx up at every xxxxxxxxxxx. xxxxxxx have a xxxxxxxxx xxxxxxxxxxxx and to xxxxxxxxxx their xxxxxxxxxxxxxx can only help
More than 55% of the franchisee owners we spoke to said that the report accuracy of Dr. Lal is very good. Dr. Lal Pathlabs reports are trusted by doctors.
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More than 20% of franchisee owners have mentioned that Dr. Lal has a very good doctor referral
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90% of the dealers we spoke to said that “ radial tyre volumes are increasing because it can run in all terrain and are far more sturdy”.
“Volumes have increased by 5-10% for this quarter as compared to last year”
Positive: This will help the growth of JK
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1. Reevolv Advisory Services
Private Limited
E-Commerce – Deal Multiples (Select Transactions)
For any queries or detailed information contact us on
+91 – 22 – 6002 2001 / 2436 3161 or email at
research@reevolv.in
March 2014
2. E-Commerce – Deal Multiples (Select Transactions)
2
Table of Contents
Particulars Page Nos.
1. E-Commerce Deal Multiples Summary 3
2. Player Profiles and Deal Multiples
2.1. Book my show 10
2.2. Deals and you 14
2.3. First Cry 19
2.4. Flipkart 24
2.5. Matrimony 32
2.6. Myntra 51
2.7. Naaptol 63
2.8. Snapdeal 74
2.9. Sulekha 86
2.10. Via 93
3. Annexure 101
10. E-Commerce – Deal Multiples (Select Transactions)
10
2. Player Profiles and Deal Multiples
2.1 xxxx
2.1.1 Overview
Description
Company Name
Founder
Year of Inception/
Incorporation
Inception –
Incorporation –
Product / Services
Name of the
Investor/s
Business Format
Distribution
Affiliates/Partner
Sites
Future Plans
Source: Company Website and Reevolv Research
2.1.2 Shareholding pattern as on AGM
Equity Shares Preference Shares
Number of
Shares
Paid up Percentage
Number of
Shares
Paid up Percentage
Director/ Relatives of
Director
Foreign Holding
(FIIs/FCs/NRI/OCBs)
Bodies Corporate
Total
Source : Company Filings
11. E-Commerce – Deal Multiples (Select Transactions)
11
2.1.3 Financials
Profit & Loss Account for the year ended 31st March (Rs. Mn)
FY2009 FY2010 FY2011 FY2012 FY2013
Revenue from Operation
Other Income
Total Revenues
Cost of Materials Consumed
Rent, Rates and Taxes
Administrative and General Expenses
Employee Expenses
Selling and Distribution Expenses
Total Expenditure
EBITDA
Depreciation
EBIT
Interest
PBT
PAT
Balance Sheet as at 31st March (Rs. Mn)
FY2009 FY2010 FY2011 FY2012 FY2013
Share Capital
Reserves & Surplus
Shareholders’ Funds
Secured Loan
Unsecured Loan
Loan Funds
Deferred Tax Liability
Total Liabilities
Gross Block
Net Block
Capital work in progress
Investments
Inventories
Sundry Debtors
Other Current Assets
Total Current Assets & Advances
Current Liabilities
Provisions
Total Current Liabilities & Provisions
Net Working Capital excl. Cash & Bank
Cash & Bank
Net Working Capital incl. Cash & Bank
Total Assets
Source: Company Filings, Totals may not tally due to rounding off errors
12. E-Commerce – Deal Multiples (Select Transactions)
12
Key Ratios FY2009 FY2010 FY2011 FY2012 FY2013
Expenditure Ratios
Cost of material Consumed as a % of Total Revenues
Rent, Rates and Taxes as a % of Total Revenues
Administrative & Other Expenses as a % of Total Revenues
Employee Expenses as a % of Total Revenues
Selling and Distribution Expenses as a % of Total Revenues
Profitability Ratios
EBITDA %
EBIT%
PBT %
PAT %
Return Ratios
ROCE %
ROE %
Financial Ratios
Total Debt / Net Worth
Secured Debt / Net Worth
Total Debt / EBITDA
Turnover Ratios
Working Capital Turnover Ratio
Net Fixed Assets Turnover Ratio
Inventory Days
Debtors Days
DuPont Analysis
EBIT / Total Income
PAT / EBIT
PAT / Total Income
Total Assets / Net Worth
Total Income / Total Assets
Source: Company Filings and Reevolv Research
13. E-Commerce – Deal Multiples (Select Transactions)
13
2.1.4 Valuation
Month & Year
Investor
Investor Company Name
Instrument 1
Instrument 2
Amount invested – Instrument 1 (Rs. Mn)
Amount invested – Instrument 2 (Rs. Mn)
Total Amount invested (Rs. Mn)
Instrument 1 – Equivalent stake (%)
Instrument 2 – Equivalent stake (%)
Total equivalent stake (%)
Primary stake %
Secondary stake %
Cumulative stake %
Source : Company Filings and Reevolv Research
Month & Year
(Rs. Mn)
Pre-money
Debt
Cash and cash equivalents
Net Debt
EV
Post-money
Revenues
EBITDA
PAT
ROCE %
ROE %
EV/ Sales (x)
EV/EBITDA (x)
PE (x)
Source : Company Filings and Reevolv Research
Note :
•
•
•
14. E-Commerce – Deal Multiples (Select Transactions)
14
2.2 Flipkart.com
2.2.1 Overview
Description
Company Name Flipkart Online Services Private Limited, Flipkart India Private Limited
Founder
Year of Inception/
Incorporation
• Inception –
• Incorporation –
Product / Services
Name of the
Investor/s
Business Format
Distribution
Affiliates/Partner
Sites
Future Plans
Source: Company Website and Reevolv Research
2.2.2 Shareholding pattern as on AGM
Equity Shares Preference Shares *
Number of
Shares
Paid up Percentage
Number of
Shares
Paid up Percentage
Director/
Relatives of Director
Bodies Corporate
Other Shareholders
Total
Source : Company Filings
15. E-Commerce – Deal Multiples (Select Transactions)
15
2.2.3 Financials
Profit & Loss Account for the year ended 31st March (Rs. Mn)
FY2009 FY2010 FY2011 FY2012 FY2013
Total Revenues
Total Expenditure
PBT
PAT
Balance Sheet as at 31st March (Rs. Mn)
FY2009 FY2010 FY2011 FY2012 FY2013
Share Capital
Reserves & Surplus
Shareholders’ Funds
Secured Loan
Unsecured Loan
Loan Funds
Deferred Tax Liability
Total Liabilities
Gross Block
Net Block
Capital work in progress
Investments
Inventories
Sundry Debtors
Other Current Assets
Total Current Assets & Advances
Current Liabilities
Provisions
Total Current Liabilities & Provisions
Net Working Capital excl. Cash & Bank
Cash & Bank
Net Working Capital incl. Cash & Bank
Total Assets
Source: Company Filings, Totals may not tally due to rounding off errors
Note:
•
•
16. E-Commerce – Deal Multiples (Select Transactions)
16
Key Ratios FY2009 FY2010 FY2011 FY2012 FY2013
Profitability Ratios
PBT %
PAT %
Return Ratios
ROCE %
ROE %
Financial Ratios
Total Debt / Net Worth
Secured Debt / Net Worth
Total Debt / EBITDA
Turnover Ratios
Working Capital Turnover Ratio
Net Fixed Assets Turnover Ratio
Inventory Days
Debtors Days
DuPont Analysis
EBIT / Total Income
PAT / EBIT
PAT / Total Income
Total Assets / Net Worth
Total Income / Total Assets
Source: Company Filings and Reevolv Research
17. E-Commerce – Deal Multiples (Select Transactions)
17
Flipkart India Private Limited
Profit & Loss Account for the year ended 31st March (Rs. Mn)
FY2012 FY2013
Total Revenues
Total Expenditure
EBITDA
Depreciation
EBIT
Interest
PBT
PAT
Balance Sheet as at 31st March (Rs. Mn)
FY2012 FY2013
Share Capital
Share Application Money
Reserves & Surplus
Shareholders’ Funds
Secured Loan
Unsecured Loan
Loan Funds
Deferred Tax Liability
Total Liabilities
Gross Block
Net Block
Capital work in progress
Investments
Inventories
Sundry Debtors
Other Current Assets
Total Current Assets & Advances
Current Liabilities
Provisions
Total Current Liabilities & Provisions
Net Working Capital excl. Cash & Bank
Cash & Bank
Net Working Capital incl. Cash & Bank
Total Assets
Source: Company Filings, Totals may not tally due to rounding off errors
18. E-Commerce – Deal Multiples (Select Transactions)
18
Key Ratios FY2012 FY2013
Profitability Ratios
EBITDA %
EBIT%
PBT %
PAT %
Return Ratios
ROCE %
ROE %
Financial Ratios
Total Debt / Net Worth
Secured Debt / Net Worth
Total Debt / EBITDA
Turnover Ratios
Working Capital Turnover Ratio
Net Fixed Assets Turnover Ratio
Inventory Days
Debtors Days
DuPont Analysis
EBIT / Total Income
PAT / EBIT
PAT / Total Income
Total Assets / Net Worth
Total Income / Total Assets
Source: Company Filings and Reevolv Research
19. E-Commerce – Deal Multiples (Select Transactions)
19
2.2.4 Valuation
Month & Year
Investor
Investor Company Name
Instrument 1
Instrument 2
Amount invested – Instrument 1 (Rs. Mn)
Amount invested – Instrument 2 (Rs. Mn)
Total Amount invested (Rs. Mn)
Instrument 1 – Equivalent stake (%)
Instrument 2 – Equivalent stake (%)
Total equivalent stake (%)
Primary stake %
Secondary stake %
Cumulative stake %
Source : Company Filings and Reevolv Research
20. E-Commerce – Deal Multiples (Select Transactions)
20
Month & Year
(Rs. Mn)
Pre-money
Debt
Cash and cash equivalents
Net Debt
EV
Post-money
Revenues
EBITDA
PAT
ROCE %
ROE %
EV/ Sales (x)
EV/EBITDA (x)
PE (x)
Source : Company Filings and Reevolv Research
Note :
•
•
Conversion Ratio
Issued on
Note:
• As per media reports Naspers, Dragoneer, Morgan Stanley, Sofina, Vulcan Capital, Iconiq Capital
have invested in the holding company – Flipkart Private Limited, Singapore of Flipkart India Private
Limited
• Details of Flipkart Private Limited, Singapore have not been covered in this report
21. E-Commerce – Deal Multiples (Select Transactions)
21
3. Annexure
3.1 Ratios
Key Ratios
Cost of Material Consumed %
Cost of Material Consumed
Total Revenues
X 100
Employee Expenses %
Employee Expenses
Total Revenues
X 100
Selling & Distribution Expenses %
Selling & Distribution Expenses
Total Revenues
X 100
Administrative Expenses %
Administrative Expenses
Total Revenues
X 100
EBITDA %
EBITDA
Total Revenues
X 100
EBIT %
EBIT
Total Revenues
X 100
PBT %
PBT
Total Revenues
X 100
PAT %
PAT
Total Revenues
X 100
ROCE %
EBIT
Capital Employed
X 100
ROE %
PAT
Net Worth
X 100
Capital Employed
Total of Asset / Liabilities
(Liabilities = Shareholders funds + Loan Funds + Deferred Tax + Minority Interest)
Working Capital Turnover Ratio
Total Revenues
Net Current Assets excl Cash Bank
Net Fixed Assets Turnover Ratio
Total Revenues
(Net Fixed Assets excl Capital Work in Progress)
Inventory Days
Inventory
(Cost of Material Consumed)
X 365
Debtors Days
Debtors
Total Revenues
X 365
22. E-Commerce – Deal Multiples (Select Transactions)
22
3.2 Abbreviations
Description
CCD Compulsory Convertible Debentures
CCPS Compulsory Convertible Preference Shares
CY Calendar Year
EBIT Earnings before interest and tax
EBITDA Earnings before interest, tax, depreciation and amortisation
EV Enterprise Value
FY Financial Year
NA Not Available
NM Not Meaningful
NR Not Relevant
P/E Price to earnings
PAT Profit after tax
PBT Profit before tax
ROCE Return on capital employed
ROE Return on equity
23. E-Commerce – Deal Multiples (Select Transactions)
23
About Reevolv
Reevolv is a boutique consulting and investment banking company offering a "One Stop Shop" in the
areas of business strategy, financial advisory and operations consulting to corporates and private equity
funds.
We service our clients in their constant re-evolution process through our in-depth industry research,
domain understanding, our timely and superior execution capabilities and strong network to provide
customized solutions to our clients.
With a host of implementation focused services spanning across functions, we ensure that our clients
reach the desired goals and objectives in most efficient manner. We achieve sustainability of our
initiatives by an all round involvement of the client resources. This approach of an integrated
improvement helps build a strong foundation for the forward leap of our clients. Reevolv understands and
acts upon the Strategic, Financial and Operational needs of the clients on a regular basis to ensure
adaptability and flexibility to suit the market and industry dynamics.
Founded in 2008, Reevolv is a team of CAs, MBAs and Engineers with functional and industry expertise
and diverse background of investment banking and management consulting.
Disclaimer
This report is published for information only. Reevolv Advisory Services Private Limited or any of its
affiliates, group companies, directors, employees, agents or representatives shall not be liable for any
loss or damages whether direct or indirectthat may arise from or in connection with the use of the
information in this document. This document is the sole property of Reevolv Advisory Services Private
Limitedand prior permission is required for full or part reproduction.This information is strictly confidential
and is being furnished to you solely for your information. This information should not be reproduced or
redistributed or passed on directly or indirectly in any form to any other person or published, copied, in
whole or in part, for any purpose.
Contact Details
For any queries or detailed information contact us on
+91 22 – 6002 2001 / 2436 3161 or email at research@reevolv.in
Address: No. B/002,Vision Court Staney Fernandes Wadi CHS Ltd., Plot no. 746, MTNL Exchange Lane,
Dadar (West), Mumbai 400 028
You can also email the research analyst at
Shilpa Bhattar
shilpa@reevolvindia.com, shilpa@reevolv.in