Key Highlights:
- Revenue and Margins: Consolidated revenue for Q3 FY2025 nearly matched the cumulative revenue of the first half of FY2025, with profit margins in line at approximately 15% PAT. The company anticipates an 80-100% YoY growth in profit after tax for FY2025, with a strong deal pipeline and a seasonally robust fourth quarter.
- Operational Expansion:
- Opened a new company-owned store in Delhi (Tughlakabad Metro Station).
- Launched a franchise store in Himachal Pradesh.
- Signed an exclusive agreement with Livpure to sell refurbished water purifiers.
- Integrated franchise and retail operations under the RDCEL brand, aligning with its May 2024 integration plan.
- Future Initiatives:
- Plans to open 3+ franchise stores in Q4 FY2025.
- Focused expansion in the East Zone.
- Launch of Dubai operations anticipated.
- E-waste recycling license expected by FY2025-end.
- Growth Projections: Strategic initiatives aim to achieve INR 400-500 crore revenue by FY2027, maintaining a PAT margin of 10-15%.
- Fundraising Success: The preferential issue received an overwhelming response, reflecting investor confidence. The funds will support multi-fold growth and help establish RockingDeals as a PAN-India, multi-brand, off-price retailer.
Rockingdeals Circular Economy Limited continues to execute its growth strategy, positioning itself as a leader in refurbished products and sustainable retail solutions. The company’s efforts to expand its footprint and diversify its offerings are set to drive significant growth in the coming years.
