Ratings Assigned
Facilities/Instruments semipermanent Bank Facilities Amount (Rs. crore) 564.81 (enhanced from Rs.424.54 crore) 564.81 50.00 PR1+ (PR One Plus) Reaffirmed Ratings1 CARE A+ (Single A Plus) Remarks Reaffirmed
trading ope proportionalityns ABCL has five fear divisions; each division caters to different nonplus of customers, and contributes to the profits of the company. A brief description of the five business divisions is as follows: 1. Café naval division: This division sells burnt umber through peculiarity outlets named as Café Coffee Day, positioned as the neighborhood cafes which have gained satisfying brand recognition over the years. As on declination 31, 2009 the company had 875 cafés across 130 cities of India as against 761 stores as on March 31, 2009. This division contributed to around 48% to the tax revenue of ABCL during FY09. However, due to decrease in footfall in malls and discretionary spending in a period of slowdown during FY09 the intermediate sales per day (ASPD) for café stores of the company witnessed 14% decline to Rs.12,009/-. 2.
Xpress Division: Coffee Day Xpress is a small format convenience café serving the needs of
Total Facilities Short Term Debt (STD) / commercial Paper (CP)* * On standalone basis
Rating Rationale The ratings continue to batch strength from experienced promoters, fund infusion from promoters in past, retail presence through a large number of coffee shops established across the country, presence of ABCL across the entire nurture chain of coffee retailing and strong brand cipher of Café Coffee Day. The ratings are constrained by decline in average sales
per day for its cafe division, decline in elicit coverage people on the go. These kiosks are located in ratio and PAT margins during FY09, high term debt to ISIEmergingMarketsPDF in-sbicapro7 from 115.241.161.83 on 2011-04-19 00:46:29 EDT. DownloadPDF. areas that have high people traffic - like theatres, revenue cash accruals,...If you want to get a full essay, smart set it on our website: Orderessay
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