Sun. Dec 8th, 2024

Mumbai (Maharashtra) [India], November 19: On Door Concepts Limited, an omni-channel grocery retail, and an E-commerce platform for groceries and home essentials, announced its Unaudited Financial Results for H1 FY25.

Key Financial Highlights

Particulars (₹ In Lakhs) H1 FY25 H1 FY24 YoY
Total Revenue 12,133.65 10,456.35 16.04%
EBITDA 502.65 265.87 89.06%
EBITDA (%) 4.14 2.54 159.99 BPS
Net Profit 306.87 67.43 355.09%
Net Profit Margin (%) 2.53 0.64 188.42 BPS
EPS (₹) 5.43 1.62 235.19%

Key Operational Highlights

Strengthening Market Presence

    • Expansion of Retail Network: Headquartered in Madhya Pradesh, operates 60+ stores (company-owned and franchised) across major urban centers in the state, with ongoing plans for expansion into emerging markets.
    • Enhanced Digital Platform: The company has invested in its E-commerce and mobile app infrastructure to cater to the growing demand for online grocery shopping, enhancing user experience and accessibility.

Launch of Private Label Products

      • Focus on Quality and Affordability: On Door has introduced several products such as staples, snacks, and home care under private label of “On Door”, along with other brands providing high quality products at competitive pricing.

Commenting on the performance, Mr. Narendra Singh Bapna, Managing Director of On Door Concepts Limited said, “Our H1 FY25 performance demonstrates our unwavering commitment to providing value to our customers and strategically expanding our presence in key markets. This half-year’s growth underscores the effectiveness of our FOCO model, strong supply chain, and ability to deliver essential products at accessible prices.

We are pleased to report strong progress in H1 FY25, highlighted by our revenue to ₹12,133.65 lakhs, an 89.06% rise in EBITDA to ₹502.65 lakhs, and a remarkable 355.09% growth in Net Profit to ₹306.87 lakhs. Also, our EPS increased significantly to ₹5.43 from ₹1.62, reflecting a YoY growth of 235.19%.

With India’s retail sector on a growth trajectory, On Door is well-positioned to benefit from the rising demand for organized grocery retail in smaller cities and semi-urban areas. We will continue to strengthen our omni-channel strategy, enhance our E-commerce platform, and deepen our partnerships to bring high-quality, affordable groceries to more communities.

The introduction of our private label brands has been a major milestone, allowing us to offer unique products that resonate with our customers while also strengthening our margins. As we continue to expand and innovate, we remain focused on delivering value to our customers.”

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.