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Issue Date:15 February 2017     Price in Rs. R 6500    Price in USD. $ 100
    

Infiniti Retail Limited is the company behind Tata Group’s retail chain Croma, which has multi-brand electronics stores across India and an e-commerce website under the brand name Croma. Infiniti is a wholly-owned subsidiary of Tata Sons, the holding company of the Tata group.

 

The company current has around 90-100 stores. As per a press release in Oct’16, the company planned to take its store count to 140 in 4 years, from 90 in Oct’16. The company on an average invests around Rs 2 crore (excluding rentals) to open a new store.

 

Infiniti reported revenues of Rs 29.5B for FY16. Revenues have not shown traction for the last 3 years. In fact, revenue in FY14 was Rs 32B, in other words, more than FY16.

 

The company is still loss making. Cumulative losses over the last 9 years are Rs 7.6B. While the company came close to breaking even in FY13, losses have increased again since then. For FY16, the company reported a loss of Rs 1.97B, highest since inception.

  • Company Background
  • Business Highlights
  • Financial Performance
  • Financial Details

 

  • Board of Directors
  • Financial Summary
  • Profit & Loss Account
  • Balance Sheet
  • Ratios

 

  • Infiniti Retail Limited