Thursday, January 18, 2024

Shoppers Stop Reports Quarterly Sales Of Rs 1,207 Cr, Up +7% YoY And EBITDA Of Rs.219 Cr (GAAP)


Highlights

Beauty outperformed +10%, led by Fragrance +41%; Make up +6%; Overall Mix at 18% 

Private Brands Mix at 13% and apparels Mix at 19%; Women Indian wear outperformed +7% 

Premiumization on rise; ATV +6% 

Added 13 stores during the quarter; 4 Department, 4 Beauty, 4 Intune and 1 Airport; Capex Investments @ Rs.51 Cr for Q3 and YTD Rs162 Cr 

Debt free with Net Cash surplus of Rs 40 Cr 

Shoppers Stop Ltd. a leading department store with premier fashion and beauty brands, has declared its results for the quarter ended 31st December 2023.  

Management Comments: 

Commenting on the Q3FY24 results, Mr. Kavindra Mishra, Executive Director and CEO, Shoppers Stop Ltd, said, “With considerable slowdown on the discretionary spending, we have demonstrated notable resilience in these tough conditions. Our Company has delivered admirable financial results with a Sales growth of 7% despite muted consumer demand. And during the festive period, the sales grew by 9% (LTL +5%). Average Transaction value grew by 6% driven by premiumization and Items per Ticket grew by +5%. Some of the outliers for Q3 are, our external Brands both apparel and non-apparel have grown above average, with better yields on our KPI’s. Our Home Stop has turned around and had an impressive growth of 10%, with a sale of Rs. 42 Crs. We reported a GAAP EBITDA of Rs.219 Crs vs Rs.240 Crs in FY23. Our EBITDA has been lower due to one-time Income of Rs.17 Crs as other Income in FY23 and we have made provision for obsolescence of circa Rs.9 Crs during the quarter.  

We have observed that despite the overall muted market conditions our customers have upped their spends on the differentiated mix of premium brands and experiences across various categories wherein SSL is a destination”. 

Performance of strategic pillars in Q3FY24: 

First Citizen – Our First Citizen Members contributed 78% to overall sales, out of which 65% were repeat and 13% new members. Our Premium Black Card members contributed 13% to the overall sales, an increase of 18% YoY. During the quarter we added 191K members and total base at the quarter end is 9.7Mn.  The customer engagement continued to be strong, with events such as sailing and cocktail making organized for First Citizen Black Card members which had a good response. We had 118 Customer events across all our stores, making it a memorable shopping experience for our customers. 

Private Brands – Private Brands sales were at Rs 189 Cr with an overall contribution of 13% to the Sales and 19% to apparel’s sale. Women’s Indian Wear grew +7%. Our Sanya X Kashish campaign had a good response from customers. Kashish outperformed with Sales growth of +18%. Kidswear within the brand STOP grew by 8%. 

Beauty – Beauty grew by +10%, outperforming other segments in the retail with an overall sale of Rs.262 Crs.  Beauty Contribution to overall sales increased to 18%. We have been building Beauty Eco Systems through customer engagements and in store experiences. This has further strengthened by our 266,000 Makeovers and 138 Master Classes covering “Bridal makeup and Party Glam Look” this quarter.  During the quarter, we opened State of the Art Beauty Store sprawling 3000 sq ft at the prestigious T2 Bengaluru Airport.  

Intune –Our “Fashion for all” format, Intune has been one of the promising and fast-growing segment. We have added 4 stores during the quarter and total store count is 10 across 6 cities. Akin to previous quarters, we had a Full price sell thru of 65%. The format received strong acceptance for Family shopping with Kidswear Mix at 27%. We are planning to add 14 Intune stores in Q4FY24, aggregating to 24 by FY24 end. 

Beauty Distribution – Beauty distribution business clocked Rs 39 Cr sales with distribution network expanded to over 334 doors. We added Fragrance brand Armaf and Makeup brand Soda Makeup in our distribution portfolio taking total brand count to 18 consisting 10 Fragrance, 2 Makeup, 3 Skincare and 3 Full line brands. 

Store Expansion – The company is on course to meet the guided store expansion for FY24. We opened 4 department stores, 4 beauty stores, 4 Intune and 1 Airport stores in this quarter, aggregating to 13 stores this quarter and 33 stores year to date. The company made an investment of Rs 51 crores on expansion during the quarter.  

About Shoppers Stop Limited: Shoppers Stop Ltd. is the nation's leading premier retailer of fashion and beauty brands established in 1991. Spread across 105 department stores, the Company also operates 7 premium home concept stores, 88 Specialty Beauty stores of M.A.C, Estée Lauder, Bobbi Brown, Clinique, Jo Malone, Too Faced, SS Beauty, 10 Intune stores and 23 Airport doors, occupying area of 4.1 M sq. ft. Shoppers Stop is home to one of the country's longest running and most coveted loyalty program 'First Citizen'. The Company's one-of-a-kind shopping assistance service, 'Personal Shopper' is revolutionizing the way Indian’s shop, bringing more value, comfort, and convenience to customer experiences. The brand's diversified Omni channel offering spans over 800+ recognized and trusted brands across an incomparable range of products that together serve our overarching objective of delivering customer. 

ABB Robotics And Simpliforge Creations Advance 3D Printing Capabilities For India’s Construction Sector


 •      ABB robots and RobotStudio®, together with Simpliforge's proprietary software are building South Asia’s largest robotic concrete 3D printer

•      Collaboration has already created the world’s first 3D printed place of worship and India’s first 3D printed bridge

•      Robotics and 3D printing, alongside conventional methods of construction, will help businesses build more efficiently, safely, and sustainably

ABB Robotics and Simpliforge Creations, an additive manufacturing solutions company, are collaborating to strengthen and advance 3D Printing technologies for the Indian construction sector. The collaboration will enable construction companies to build structures faster, more sustainably and safely. The technology has the potential to transform the construction landscape across industrial, defense, commercial and residential sectors- especially disaster affected areas set for rapid rehabilitation and infrastructure reinstatement.

“With the focus on infrastructure growth and development in India, it is crucial to invest in technologies that increase productivity and efficiency,” said Subrata Karmakar, President - Robotics & Discrete Automation, ABB India. “3D printed construction is already advancing the construction industry, making operations more flexible and efficient, while reducing supply chain costs, construction waste and carbon footprints. We are proud to collaborate with Simpliforge to create state-of-the-art solutions for 3D construction printing.”

Investment in infrastructure development, including national highways, government buildings and public facilities is key to boosting India’s rapid growth and development. While software has traditionally been involved in the planning and post-build stages, the physical act of construction has remained a manual task. Now, ABB’s IRB6700 robots with enhanced payload management can automate this, seamlessly integrating into Simpliforge’s operations. This provides an end-to-end solution for the industry alongside conventional methods of construction.

While normal robot systems have the reach of 6.5M diameter, ABB’s Robot based system by Simpliforge – the first in India and largest in South Asia - has a higher 3D print size to footprint ratio which can extend to 8.5M. It is easy to operate and can also be transported and commissioned on site. The robot is built to operate in wet and robust construction environments, and can work seamlessly with concrete and cementitious material, making it the best choice for 3D printed construction. This system also ensures unprecedented accuracy, precision and reproducibility - reducing reworking and quality control costs.

“Our long-standing relationship with ABB India ensures we have access to robust, reliable and localized technology that makes our operations faster and more efficient,” said Dhruv Gandhi, CEO, Simpliforge. “Using ABB’s hardware and software, we developed sophisticated, safer and more reliable 3D printing capabilities that support flexible manufacturing and design freedom in construction. We deployed proprietary software developed with ABB’s RobotStudio® to create India’s first, and South Asia’s largest robotic concrete 3D printer to address the diverse housing needs of the nation. We look forward to working with ABB on many more firsts, following our 3D printed place of worship - a world first, and India’s first 3D-printed bridge.”

This is the latest example of ABB Robotics bringing greater levels of automation to the construction sector, to make it more efficient, faster, safer and more sustainable. Learn more about ABB Robotics in construction here - https://new.abb.com/products/robotics/industries/transforming-the-future-of-construction

ABB Robotics & Discrete Automation as one of the world’s leading robotics and machine automation suppliers, is the only company with a comprehensive and integrated portfolio covering robots, Autonomous Mobile Robots and machine automation solutions, designed and orchestrated by our value-creating software. We help companies of all sizes and sectors - from automotive to electronics and logistics – become more resilient, flexible and efficient. ABB Robotics & Discrete Automation supports customers in the transition towards the connected and collaborative factory of the future. The business area employs approximately 11,000 people at over 100 locations in approximately 53 countries. go.abb/robotics.

Kotak Launches Seamless GST Payment With Multiple Options – UPI, Credit Card , Debit Card And Net Banking


* This initiative endorses Kotak’s commitment to support Government of India’s vision to promote digital payments and simplify financial transactions

In line with Government of India’s vision to promote digital payments and simplify financial transactions, Kotak Mahindra Bank Limited (“KMBL”/“Kotak”) today announced the launch of seamless GST payments through multiple options - UPI, Credit Card, and Debit Card, in addition to the existing Net Banking option. Kotak is India’s first bank that enables tax payers to seamlessly meet their GST obligations by choosing their preferred digital payment mode in the GST portal’s 'E-payment'.
Kotak Mahindra Bank continues to be an ardent supporter of India’s Digital Public Infrastructure and has been participating in the growth of the digital marketplace through multiple initiatives. With the new seamless and multiple payment options, customers, even those from other banks (previously unauthorised for certain payment options), will be able to efficiently and reliably complete their GST payments. Notably, Kotak integrated with the Centre's GST portal last year, providing a user-friendly platform for tax fulfilment through its Net Banking service.

Raghavendra Singh, President, Public Affairs & Government Business, Kotak Mahindra Bank Limited, said, "We commend the Government of India's efforts in leading a digital payment revolution that is being recognised and adopted by countries across the world. As the first Bank in India to launch multiple GST payment options, we are delighted to pave the way for the future of digital payments through a frictionless customer experience for not only Kotak customers but for all tax payers”.

How to pay GST via KMBL’s seamless GST payment:
Log in to www.gst.gov.in
Create Challan & Select E-Payment
Choose from multiple payment options such as Credit Card, Debit Card or UPI
Select Kotak Mahindra Bank*
Make the payment

About Kotak Mahindra Group

Established in 1985, Kotak Mahindra Group is one of India's leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to convert into a bank - Kotak Mahindra Bank Ltd (KMBL).

Kotak Mahindra Group (Group) offers a wide range of financial services that encompass every sphere of life. From commercial banking to stock broking, mutual funds, life and general insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. The premise of Kotak Mahindra Group’s business model is concentrated India, diversified financial services. The bold vision that underscores the Group’s growth is an inclusive one, with a host of products and services designed to address the needs of the unbanked and insufficiently banked.
Kotak Mahindra Group has a global presence through its subsidiaries in UK, USA, Gulf Region, Singapore and Mauritius with offices in London, New York, Dubai, Abu Dhabi, Singapore and Mauritius respectively. As on 30th June, 2023, Kotak Mahindra Bank Ltd has a national footprint of 1,788 branches and 3,047 ATMs, and branches in GIFT City and DIFC (Dubai).

For more information, please visit the Company’s website at https://www.kotak.com

99% Of Fortune 500 Executives Agree That The Future Of Work Is Distributed: Atlassian Report


* The report ‘Lessons Learned: 1,000 Days of Distributed at Atlassian’ provides insights to more effective collaboration 

Atlassian Corporation (NASDAQ:TEAM), a leading provider of team collaboration and productivity software including Jira Software, Confluence and Jira Service Management, has launched its report, ‘Lessons Learned: 1,000 Days of Distributed at Atlassian’, that details how the company has tackled challenges associated with a distributed work model and what worked - and what failed for the company after implementing its Team Anywhere policy. 

Atlassian surveyed one hundred Fortune 500 executives and another hundred Fortune 1000 executives based in US in September 2023, which revealed - an overwhelming majority of executives (99%) agree that work will only become more distributed in the future. The research found that all large organizations work in a distributed way, whether they have an in-office policy or not. Distributed work is essentially done online by collaborating across locations vs shoulder-to-shoulder.

As per its Team Anywhere policy, employees can choose to work from home, an office, or a combination of both. This approach has been a success as the company is able to attract and retain top talent. Also, the representation of women at Atlassian in India is more than 2x higher now since practicing Team Anywhere. According to 92% of the employees, the company’s distributed work policy allows them to do their best work, and 91% say it’s an important reason why they stay at Atlassian.  

Annie Dean, Head of Team Anywhere at Atlassian said, “Atlassian is in the business of unleashing team potential. We want to help teams do distributed work well - and the best way to do that is to live it ourselves. Distributed work isn’t a sacrifice – it’s a huge opportunity for businesses and for people — especially underrepresented groups. We’re finding that teams designed to be distributed are actually figuring out better ways of working.” 

“Atlassian is living proof that location flexibility, vibrant offices, and employee engagement can co-exist, even at scale. Our evidence-based approach to distributed work is an opportunity to solve the challenges our customers will face. That’s why we’re so passionate about sharing what we discover – we take what we learn to shape what we build,” she added. 

Some of the hero findings from the survey include: 

According to the report, the biggest blockers to productivity, connection, and innovation are not location-based. 98% of the executives agree that where teams work isn’t the problem, it’s how.  

Only one-third of executives with an in-office policy mandate think that their in-office policies have had any impact on productivity. 

87% of executives say their teams do not have visibility into each other’s goals. The biggest barriers to collaboration are that employees don’t know who to collaborate with (39%), employees don’t know how to collaborate effectively (38%) and a lack of ownership of tasks (37%). 

The report ‘Lessons Learned: 1,000 Days of Distributed at Atlassian’ serves as a playbook that shares Atlassian’s experience on what they’ve learned. There have been some important concerns against remote or distributed work, which tend to be based on feelings and gut reactions. The company has made decisions based on data, and this report addresses each of these challenges mentioned in the summary below: 

Distributed challenge 1: Productivity 

Insight: Atlassians who participated in an experiment where they “timeboxed” their top priorities declined 17% more meetings than usual and spent 13% less time in meetings. 

Distributed challenge 2: Connection

Insight: Team gatherings increase team connection by 27%, and this boost lasts 4-5 months. New hires and new graduates experience the biggest boosts in team connection following an in-person gathering. 

Distributed challenge 3: Offices 

Insights: 

*   Despite Atlassian having no mandates, the company consistently saw 80% of the Atlassians visit an office each quarter. 

*   Atlassians working in India annually save approximately a month, as against the global average of approximately 10 days. 

Distributed challenge 4: Culture 

Insight: As collaboration increasingly happens online, work and how it gets down will become more of a cultural constant than offices. 

The report concludes by stating that neglecting to adapt to the distributed new normal is not just a missed opportunity but a detriment to an organization’s ability to harness its full business potential. It’s not rocket science: when teams work smarter, they can achieve more, faster, and with better results. 

The ‘Lessons Learned: 1,000 Days of Distributed at Atlassian’ report. 

About Atlassian 

Atlassian unleashes the potential of every team. Our agile & DevOps, IT service management and work management software helps teams organize, discuss, and complete shared work. The majority of the Fortune 500 and over 265,000 companies of all sizes worldwide - including NASA, Audi, Kiva, Deutsche Bank and Dropbox - rely on our solutions to help their teams work better together and deliver quality results on time. Learn more about our products, including Jira Software, Confluence and Jira Service Management at https://atlassian.com. 

PhonePe Drives Over 65% Growth For Two-Wheeler Digital Insurance In India


-       PhonePe has so far sold over 9 million Insurance policies overall

-       The company has also introduced a unique monthly premium plan for health insurance

PhonePe today announced that it has contributed to over 65% growth for two-wheeler digital Insurance in India, over the last 2 years. In a shift indicative of the evolution of the Indian insurance industry and growing consumer trust, there has been a notable surge in the adoption of digital channels for purchasing insurance. The company has also facilitated over 75 million vehicle insurance quotes and 400 million quotes across insurance products.

PhonePe started offering Insurance on its platform in September 2021, and since then has sold over 9 million overall policies, with over 4 million being sold in the last year alone. The digital insurance market is growing at a CAGR of 24%, with a large part of this growth coming from PhonePe.

Having disrupted the market with motor insurance products, PhonePe recently introduced a unique monthly premium plan for health insurance – a first-of-its-kind initiative in the industry. This move is driven by two critical insights; The convenience of monthly payments, extending beyond credit card/EMI users to encompass everyone. This departure from lump-sum payments involves actual monthly payouts, thereby easing the financial burden for our users. It also empowers our users to opt for more extensive insurance coverage, due to enhanced affordability, without compromising on savings. Also, the transparency in selecting the appropriate coverage is reflected in the Average Transaction Size (ATS) with an increasing number of users opting for comprehensive protection.

Commenting on the milestone Vishal Gupta, CEO of PhonePe Insurance said,’ PhonePe’s innovative approach and customer-centric solutions have played a pivotal role in reshaping the landscape of the digital insurance space. True to its ethos of positive disruption, PhonePe is revolutionizing the insurance buying experience in India. Our monthly premium plan for health insurance is another step in our commitment to providing innovative, customer-friendly solutions that truly address the needs of the modern Indian consumer. What sets PhonePe apart is its strategic partnerships with industry leaders, bringing deep expertise to co-create tailor-made offerings for its expanding customer base. These partnerships not only reflect the industry's trust in PhonePe but also underline the efforts it has made in enhancing and simplifying customer journeys.’’

About PhonePe Group:

PhonePe is India’s leading digital payments company with 51 crore (510 Million) registered users and 3.8 crore (38 Million) merchants covering over 99% of the postal codes across India. On the back of its leadership in digital payments, PhonePe has expanded into financial services (Insurance, Digital Gold, Mutual Funds, Stock Broking, and Lending) as well as adjacent tech-enabled businesses such as Pincode for hyperlocal shopping and Indus App Store which is India's first localized App Store. The PhonePe Group is a portfolio of businesses aligned with the company's vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.

For more details: media@phonepe.com   

People With Myopia Three Times More Likely To Develop Glaucoma: Doctors


People with myopia have two to three times higher risk of developing glaucomacompared to those with normal eyesight, doctors of Dr. Agarwals Eye Hospital have said during the ongoing Glaucoma Awareness Month.  

Myopia, the leading cause of refractive error, affects about 10-20 percent of the Indian population. Glaucoma, on the other hand, is the third leading cause of blindness in India. Said Dr. Ram S Mirlay, Regional Head - Clinical Services, Dr. Agarwals Hospital, Bengaluru: “There is a two-three-fold increased risk of Glaucoma in people having moderate to high myopia. The risk is independent of the fluid pressure of the eye.  About 30% of Primary Open-Angle Glaucoma (POAG) patients have myopia. The probability of someone with myopia going on to develop Glaucoma depends on age, family history and the level of myopia, whether mild or severe.  

He added: “Thin corneas, high myopia or family history are risk factors for developing Glaucoma. Over the years, individuals having both myopia and glaucoma would experience negative changes in their vision. Regular eye checkups are crucial in these cases to check for progression of the disease and follow a proper treatment plan.” 

Said Dr. P Sunitha, Consultant – Ophthalmologist at Dr Agarwals Eye Hospital, “Considering the linkage between myopia and Glaucoma, it is important to take several preventive steps. Myopia can be controlled in children by limiting their near-work activities like reading, computer use, playing video games, and watching TV from close distance, all of which impose a high visual demand on their eyes. They should be encouraged to spend more time in outdoor activities. It is also important to wear proper corrective lenses. People with myopia should get their eyes checked up twice a year. Lack of awareness, limited access to diagnostic equipment and poor compliance for regular eye checkups are some of the diagnostic challenges in identifying glaucoma and myopia in early stages.” 

Said Dr. Ram S Mirlay: “Two eye-screening studies done in 2012 at a school in Kolar between the age of 6-16 years found an 11.5% prevalence of myopia. In 2016, a study at Udupi found a myopia prevalence of 4%. India is the second most populated country in the world with around 41% of population above 18 years of age. The incidence of myopia would be significant.” 

“Glaucoma is a chronic, progressive eye disease caused by damage to the optic nerve, which gradually leads to loss of eyesight. Peripheral vision is affected first. One of the major risk factors is high eye pressure. There are no warning signs till significant damage has already been done. Treatment mainly revolves around lowering the Intraocular pressure (the fluid pressure of the eye) through medication or laser surgery. About 12 million people, aged 40 years and older, suffer from glaucoma in India” says Dr. Archana S, Regional Head - Clinical Services, Dr Agarwals Eye Hospital. 

Photo Caption: Dr. Ram S Mirlay, Regional Head - Clinical Services, Dr. Agarwals Hospital, Bengaluru, Dr. Archana S, Regional Head - Clinical Services, Dr Agarwals Eye Hospital and Dr. P Sunitha, Consultant – Ophthalmologist at Dr Agarwals Eye Hospital.

School Children Showcase Poor Fitness Levels Across India;: Reveals 12th Annual Health Survey By Sportz Village


The 12th Annual Health Survey by Sportz Village, through its award-winning EduSports in-school Physical Education & Sports programhas revealed poor fitness levels in most school children across India. The nationwide survey assessed for various health parameters like Body Mass Index (BMI), Aerobic capacity, Anaerobic capacity, Core Strength, Flexibility, Upper body strength and Lower body strength for over 73,000 children in the age groups of 7 years to 17 years from across 250 cities and towns in India.  

The survey also showcases that the frequency of weekly Physical Education (P.E.) periods plays a pivotal role in shaping the health of children. The comprehensive data reveals a noteworthy correlation between the number of P.E. sessions per week and various aspects of children's physical fitness. Remarkably, the survey highlights that children engaging in more than two physical education periods per week exhibit significantly enhanced performance across multiple physical fitness parameters. Improvements are observed in crucial aspects such as Lower Body Strength, Abdominal Strength, Flexibility, and Aerobic Capacity. These findings underscore the positive impact of increased P.E. participation on the holistic well-being of children, emphasizing the importance of incorporating regular physical activity into their routine. 

It also reveals notable distinctions in various health metrics between boys and girls. Particularly noteworthy is the observation that a higher percentage of girls exhibit healthier Body Mass Index (BMI) levels, with 62% of girls attaining scores within the healthy range. In contrast, boys show a comparatively lower percentage in this regard.  

Further examination of specific physical fitness parameters unveils that girls outperform boys in Flexibility and Upper Body Strength. These findings underscore the positive impact of regular physical activity on these aspects of girls' health. However, the survey also brings to light areas where boys exhibit stronger performance. Notably, boys demonstrate superior results in Aerobic Capacity and Lower Body Strength. These nuanced insights into gender-specific health indicators emphasize the importance of tailored approaches in promoting overall well-being among both boys and girls. 

Commenting on the findings from the Annual Health Survey, Mr. Saumil Majmudar, CEO & Managing Director, Sportz Village, said “At Sportz Village, we are committed to transform the lives of children through the magic of sports. The Annual Health Survey sheds light on the state of health and fitness among Indian children today - and the current situation is not ideal. There is a tendency for school leaders and parents to view sports & physical education as non-essential and not as important as academics. Hence, less time and energy are devoted to physical activity resulting in poor health of children. Schools need to view sports as an integral part of education and should provide opportunities for children to engage in structured physical activities. Various studies have shown that regular structured physical activity not only improves physical health but also impacts mental health and academic performance. Over the past 15 years, the EduSports program has bridged this gap by integrating into the school timetable and calendar” 

Key findings 

Total number of children surveyed 73,000 across India  

2 in 5 children do not have a healthy BMI 

2 in 5 children do not possess the desired Anaerobic Capacity 

3 in 4 children do not have the desired Aerobic Capacity 

1 in 3 children do not have the desired Abdominal or Core strength 

3 in 5 children do not have the adequate Upper Body and Lower Body Strength 

Fitness levels comparative analysis: Girls versus Boys   

According to the survey, the percentage of girls with healthier BMI levels (62% of girls have healthy BMI scores) is more when compared to boys. The girls also fared better in Flexibility and Upper Body Strength. However, they did not fare well in Aerobic Capacity and Lower Body Strength. 

Fitness levels comparative analysis: Government Schools versus Private Schools   

The survey further reveals, more children in private schools have better Upper Body Strength levels (43%), compared to the children from government schools (31%). Children from government schools fared better in BMI, Aerobic Capacity & Flexibility. 

Fitness levels comparative analysis: Effect of number of P.E periods per week 

The survey further shows that children with more than 2 physical education periods per week, have significantly better performance in multiple physical fitness parameters such as Lower Body Strength, Abdominal Strength, Flexibility & Aerobic Capacity 

Parameters description: 

Body Mass Index (BMI): A value derived from the weight and height of an individual and is used to gauge whether a person is within a healthy weight range. 

Aerobic capacity: The ability of the heart and lungs to get oxygen to the muscles. 

Anaerobic capacity: The total amount of energy from the anaerobic (without oxygen) energy systems. It is useful during high intensity short duration exercises or tasks such as sprinting.  

Abdominal or Core strength: The strength of the muscles of the torso which helps to determine posture. 

Flexibility: The ability of one's joints to move freely.  

Upper body strength: The strength of muscles such as Pectorals (chest), Rhomboids (upper back), Deltoids (outer shoulder), Triceps (back of upper arm) and Biceps (front of upper arm). 

Lower body strength: The strength of muscles in the legs such as quadriceps (the muscles on the front of the upper leg), Hamstrings (the muscles on the back of the upper leg), Gluteals, Hip Flexors, and Calf muscles. 

About Sportz Village: 

Sportz Village is the world’s largest youth sports platform that is trying to make the world a better place with an aim to get 100 million children to play sports. Established in 2003, Sportz Village’s philosophy is pillared on improving the health and ?tness of children and getting everyone to experience the magic of sports. EduSports, A Sportz Village initiative is India’s No.1 sports education program being implemented in over 1,500 schools across 250 locations impacting 7,00,000 children. The organization believes in making sports an integral part of the education of a child and is working towards developing a healthier and fitter generation by using a Structured Sports and Physical Education (P.E) curriculum. The curriculum has been developed based on NASPE (National Association for Sports and Physical Education, USA) standards. 

https://www.sportzvillage.com/ 

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