Daily BriefsIndia

India: Fabindia, Alkem Laboratories Ltd and more

In today’s briefing:

  • Fabindia Pre-IPO – The Positives – Strong Urban Brand
  • India focused play and encouraging outlook bodes well
  • Fabindia Pre-IPO – The Negatives – Past Financial Performance Trends Remain Unclear

Fabindia Pre-IPO – The Positives – Strong Urban Brand

By Sumeet Singh

  • Fabindia is a consumer lifestyle platform with a 62-year legacy focused on authentic, sustainable and Indian traditional lifestyle products. It is looking to raise around US$500m in its India IPO.
  • Fabindia offers a diverse portfolio of lifestyle products to its customers across Apparel and Accessories, Home and Lifestyle, Personal Care and Organic Food categories. 
  • In this note, we will talk about the positive aspects of the deal.

India focused play and encouraging outlook bodes well

By Motilal Oswal

  • After MNC Pharma and pure-play companies like ERIS, ALKEM has minimal exposure to the international business.
  • It has multiple growth drivers over the next 12-18 months, despite a high base in the past 12 months, due to: a revival in Non-COVID therapies and better MR productivity (14% net addition over the past two years), sustained outperformance in Chronic.
  • .
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Fabindia Pre-IPO – The Negatives – Past Financial Performance Trends Remain Unclear

By Sumeet Singh

  • Fabindia is a consumer lifestyle platform with a 62-year legacy focused on authentic, sustainable and Indian traditional lifestyle products. It is looking to raise around US$500m in its India IPO.
  • Fabindia offers a diverse portfolio of lifestyle products to its customers across Apparel and Accessories, Home and Lifestyle, Personal Care and Organic Food categories. 
  • In this note, we talk about the not so positive aspects of the deal.

Before it’s here, it’s on Smartkarma