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10 February 2013

Investment Idea : Talwalkars Better value Fitness Ltd


Talwalkars Better Value Fitness Limited, commonly known as Talwalkars, is one of India's largest chain of health centres. Pan India market presence with 137 fitness centers in 73 cities across 18 states of India, offering complete bouquet of fitness services through new initiatives like Nuform, Zumba® program, Reduce- diet program, Talwalkars David Lloyd Leisure consulting along with gymming

Company launched Zumba® Fitness Programme in Jun-12 & Reduce program in July-12.

Current pricing for Nuform (`36,000-42,000p.a.), Zumba® program (`2,000-2,500p.m.), Reduce program (`15,000-20,000p.q.) is significantly higher than the basic gym membership sold at `14,000 - `20,000p.a. Company expect by FY14 the company is confident of opening  100 Zumba® centres from 15 centres as on Dec-12 and Reduce program in 75 fitness centres from 5 fitness centres as on Dec-12.

In Dec-12 company has entered in to collaboration with David Lloyd Leisure, Europe’s leading health sports for consulting, execution, management and operations of leisure and sports clubs in India

In Dec-12 company has successfully raised Rs 423.74mn through QIP at Rs 205.18 per share.  Promoter holds 54.78% stake.

Invest for long term.

Consolidated financials (Rs in Crore)




Disclaimer: Any purchase/sale of a stock involves a high degree of investment risk. Caution all investors that they may lose some or all of their investment if they decide to purchase any stock listed here.


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