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)
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