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Bella Casa Fashion & Retail Ltd.

BSE: 539399 Sector: Industrials
NSE: N.A. ISIN Code: INE344T01014
BSE 00:00 | 30 Sep 157.50 0.70
(0.45%)
OPEN

152.45

HIGH

160.75

LOW

152.40

NSE 05:30 | 01 Jan Bella Casa Fashion & Retail Ltd
OPEN 152.45
PREVIOUS CLOSE 156.80
VOLUME 2603
52-Week high 229.90
52-Week low 120.00
P/E 14.33
Mkt Cap.(Rs cr) 181
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 152.45
CLOSE 156.80
VOLUME 2603
52-Week high 229.90
52-Week low 120.00
P/E 14.33
Mkt Cap.(Rs cr) 181
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Bella Casa Fashion & Retail Ltd. (BELLACASAFASHI) - Chairman Speech

Company chairman speech

Dear Shareholders

Greetings!

2020-21 was an unexpected and challenging year for our nation. Thefirst half of the year was all about negotiating the uncertainty created by the Covid-19.Nationwide lockdowns followed by state-specific restrictions in days and times ofretailing helped contain the spread of the virus. However these restrictions had a severenegative effect on the demand for fashion & lifestyle categories in the process. Butonce the government successfully contained the spread of the virus the second half of theyear saw a historical bounce back. Customers came out with a vengeance and the"revenge shopping" created a momentum never seen before in India.

Unable to trade freely in the H1FY21 your company saw a dip in thesale but business jumped back in H2FY21. Although the overall sales fell by 20.87% inH2FY21 the sales were up by 40.88%.

Our vision is clear. We aspire to become the largest Fashion &Lifestyle category manufacturer for all significant Indian retailers and platforms. Torealise this vision despite the pandemic we have continued with all our expansion plans.

I am happy to share with you that the company's installed capacity nowstands at 12 Mn pcs/annum. Spread over 550000 Sq ft; at an optimum utilisation levelthe plants will employ more than 4000 people and generate a revenue of more than Rs 400cr. With the increased rate of vaccinations I am sure we will experience a goodutilisation of this capacity soon.

Further your company continues to invest in technology and people tomake all departments more effective agile and capable of handling multi-fold volumes innot-so-distant future.

I am sure this difficult period is a blip in a very successful journeyin the future!

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